How partial exit from Open has helped Unicorn India Ventures return entire first fund
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How partial exit from Open has helped Unicorn India Ventures return entire first fund

By Joseph Rai

  • 28 Feb 2022
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How partial exit from Open has helped Unicorn India Ventures return entire first fund
Credit: 123RF.com

When Unicorn India Ventures came in as the first institutional investor in Open Financial Technologies Pvt Ltd in 2017, neobank was a nascent concept in India. At that time venture capital (VC) money was largely flowing into lending startups in the broader fintech space. Fast forward to 2021, Open raised $100 million in a ......

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