India Dealbook: Open raises funds; IIFL AMC and Crest Ventures ink M&As

Photo: Reuters

While fintech startup Open has raised a funding round led by Unicorn India, IIFL Special Opportunities Fund has acquired minority stake in Bikaji Foods and Crest Venture has picked the remaining stake in Tullett Prebon (India).

Fintech startup Open raises pre-Series A round led by Unicorn India

Open, a digital banking service provider for small businesses, has raised an undisclosed amount in its pre-series A funding round led by Unicorn India Ventures and Recruit Co. Ltd, through its investment subsidiary RSP India Fund LLC.

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