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Open FY25 revenue almost doubles to Rs 46 crore, net loss at over Rs 100 crore

Open FY25 revenue almost doubles to Rs 46 crore, net loss at over Rs 100 crore

22 Oct 2025, 15:35 PM

Total expenses of the startup fell 18% to Rs 160 crore in the last financial year from Rs 195 crore in FY24.

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

12 Jun 2025, 11:53 AM

Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.

IIFL Fintech Fund closes Rs 200 crore second fund

IIFL Fintech Fund closes Rs 200 crore second fund

24 Jan 2025, 15:55 PM

the Fund-II aims to invest in the next generation fintechs of India including in the generative artificial intelligence space.

Who Reads Us

Fintech Highlights

  1. Razorpay gets PA cross border license from RBI

  2. RBI appoints Usha Janakiraman as executive director

  3. Jar FY25 revenue up 50-fold to Rs 2,447 crore, net loss halves

  4. IPO-bound Moneyview secures Rs 100 crore debt funding from RevX Capital, Motilal Oswal, others

  5. Vyapar FY25 revenue up 53% to Rs 66 crore

  6. Read more news...

AI/Emerging Tech

  1. Nvidia launches new digital and physical AI tools

  2. Apple ropes in Amar Subramanya from Microsoft as VP of AI

  3. Reliance Industries, JV partners to invest $11 bn to build AI data centre in India

  4. Agnikul Cosmos raises $17 million at $500 million valuation

  5. Zinit raises seed funding led by AltaIR Capital

  6. Read more news...

IPO Tales

  1. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  2. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  3. The Bull Run Broker: Inside Groww's $7 billion IPO

  4. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  5. Read more news...

Money & Machines

  1. ONDC confused me for years — now AGI is confusing everyone

  2. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  3. Two crises, one theme — how tech is testing fintech and journalism

  4. Bankers Test the Market; OpenAI Tests the Law + Funding Exclusive

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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