Open Financial Technologies Private Limited, a active private limited company, was established on 19 May 2017 in Bengaluru, Karnataka, India. Engaging in online financial services within the information and communication sector, it holds CIN: U67200KA2017PTC166507. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹3.50 M and a paid-up capital of ₹2.87 M.
It upholds a compliant status. Employing 373 professional, Its leadership includes Mabel Annie Chacko (Director), Anish Achuthan (Director), Ajeesh Achuthan (Director). Past directors included Mabel Annie Chacko, Anish Achuthan, Aparajit Bhalchandra Bhandarkar. It holds no open charges and ₹46.04 Cr settled loans. Its latest AGM occurred on 08 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3Rd Floor,Tower 2,Rga Tech Park,18, Sarjapur Road, Carmelaram,Hadosiddapura,Doddakannelli,, Bengaluru, Karnataka, 560035.
U67200KA2017PTC166507
166507
19 May 2017
₹3.50 M
₹2.87 M
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mabel Annie Chacko | Director | 22 Sep 2021 | Current |
| Anish Achuthan | Director | 27 Aug 2018 | Current |
| Ajeesh Achuthan | Director | 17 Oct 2017 | Current |
| Bhaskar Majumdar | Nominee Director | 20 Apr 2019 | Current |
| Mohit Naresh Bhandari | Nominee Director | 04 Apr 2022 | Current |
| Deena Jacob | Cfo | 15 May 2018 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 26 Mar 2018 | Past |
| Pramod Abcsdd | Director | 26 Mar 2018 | Past |
| Pramod Abcsdd | Nominee Director | 18 Mar 2019 | Past |
| Pramod Abcsdd | Additional Director | 27 Sep 2018 | Past |
| Pramod Abcsdd | Nominee Director | 18 Apr 2019 | Past |
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Open Financial Technologies Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 13.24% decrease. The company also saw a substantial improvement in profitability, with a 30.89% increase in profit. The company's net worth observed a substantial decline by a decrease of 31.65%.
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In 2024, Open Financial Technologies had a promoter holding of 95.56% and a public holding of 4.45%. The company had 4 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹460,393,076.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2022 | Hdfc Bank Limited | ₹9.47 M | Satisfied |
| 17 Nov 2021 | Hdfc Bank Limited | ₹1.09 Cr | Satisfied |
| 17 May 2021 | Others | ₹44.00 Cr | Satisfied |
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Open Financial Technologies has a workforce of 373 employees as of Jan 13, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Open Financial Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Open Financial Technologies's trajectory.
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The activity Open Financial Technologies Private Limited last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records. was completed.
The activity Open Financial Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
The activity A charge registered on 17 May 2021 via Charge ID 100456634 with Others was fully satisfied on 13 Jun 2024. was completed.
The activity A charge registered on 17 Nov 2021 via Charge ID 100521476 with Hdfc Bank Limited was fully satisfied on 19 Mar 2024. was completed.
A charge registered on 21 Nov 2022 via Charge ID 100670181 with Hdfc Bank Limited was fully satisfied on 18 Feb 2024. was recorded as a recent event.
The activity A charge with Hdfc Bank Limited amounted to Rs. 9.47 M with Charge ID 100670181 was registered on 21 Nov 2022. was completed.
Open, a neobank platform based in India has reportedly let go of around 50 employees and made a 50% cut to its founders' salaries in a bid to cut costs and improve the company's financial runway, according to a report by Entrackr. Per the report, this move comes amidst a slow funding period, which has resulted in several fintech companies resorting to layoffs. The neobank, which became the 100th unicorn from India, after raising $50 million – a figure lesser than it had planned – in its Series.
The CIN of Open Financial Technologies Private Limited is U67200KA2017PTC166507.
Open Financial Technologies Private Limited is headquartered at 3Rd Floor,Tower 2,Rga Tech Park,18, Sarjapur Road, Carmelaram,Hadosiddapura,Doddakannelli,, Bengaluru, Karnataka, 560035.
Open Financial Technologies Private Limited was incorporated on 19 May 2017.
The current directors of Open Financial Technologies Private Limited are
The primary industry of Open Financial Technologies Private Limited is Information And Communication.
Open Financial Technologies Private Limited is unlisted.
The authorized capital of Open Financial Technologies Private Limited is ₹3.50 M, and the paid-up capital is ₹2.87 M.
The compliance status of Open Financial Technologies Private Limited is Compliant.
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