Anish Achuthan

Everything Anish Achuthan said on any show that made the record, most notable first. Each card names its show and opens the statement there.

NEON SHOW Opinion

Open Co-Founder: Modern Customers Do Not Need Standalone Neobank Accounts

“So personally, if you ask me, like, I'm not a big believer of this new banking as a story, because I don't really believe that today's customers need another bank account onto it.”

Anish Achuthan Jun 13, 2022 ▶ 19:28 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Assertion Not publicly verifiable

Open's Enterprise Solution Is Deployed by 15 of India's Top 17 Banks

“So we have like the 15 out of the top 17 banks in India currently deploying our solution.”

Anish Achuthan Jun 13, 2022 ▶ 11:52 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Opinion

Achuthan: India's Banking System Outperforms Banking in the Rest of the World

“Whatever, whatever complains or whatever we crib about the Indian banking system, I know that the Indian banking system is much better than what we have from the outside world.”

Anish Achuthan Jun 13, 2022 ▶ 12:24 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Assertion Not checkable as stated

Achuthan: Only One or Two Major Competitors Exist in Indian SME Neobanking

“And I'll also not, it's also because we probably, there are only one or two major competitors in the SME space. And a lot of this place have actually started new. So for example, they right now started building digital banking offering, and some of them has pa…”

Anish Achuthan Jun 13, 2022 ▶ 22:27 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Opinion

Achuthan: SBI's Developer APIs Are Better Than Some Private Banks

“If you go to developer.sbi.com, they actually built much better APIs than some of the private banks.”

Anish Achuthan Jun 13, 2022 ▶ 31:04 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Insight

Co-Founding Couples Must Maintain Strict Professional Workplace Boundaries

“Probably when me and Mabel, we both started our first organization, we were probably really bad managers, basically, managers, and this also learned, made us, taught us, like, you know, how to behave family members, because we should not be able to actually ev…”

Anish Achuthan Jun 13, 2022 ▶ 8:16 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Insight

Founders Should Not Start Ventures Dependent on Short-Term Investor Funding

“Never build solutions just for investors or thinking that, okay, maybe I'll get started with some idea. And after three to six months, some investor will come and actually funded this thing. So now when I start something, I'll at least plan for the first 12 mo…”

Anish Achuthan Jun 13, 2022 ▶ 9:16 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Disclosure

Open Acquires SME Customers Using Financial Automation, Not Neobank Labels

“So we have always taken an approach of financial automation as entry point, as a hook to actually get a customer rather than telling him, okay, this is another new bank. So we don't even talk about it.”

Anish Achuthan Jun 13, 2022 ▶ 22:11 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Disclosure

Achuthan: 80% of Open's Platform Services Are Completely Free

“80% of our services are free on the platform, which means like practically banking, you can, even for services like our payroll, it's free up to 10 users.”

Anish Achuthan Jun 13, 2022 ▶ 35:40 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Prediction Not checkable as stated

Downturns Push Funded Startups to Cut Experiments, Easing Competition for Founders

“What would happen during this downturn or like if you have like the, for the next 12 to 24 months is that a lot of these larger companies or funded companies will be heavily focused on very sharp, focused on revenue generating products. Otherwise they would ha…”

Anish Achuthan Jun 13, 2022 ▶ 37:26 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Prediction Not checkable as stated

Funding Crunches Will Force Fintechs to Halt Cashbacks and Slow Acquisition

“Let's look at this next two years, basically when there is a lot of funding crunch going to happen in the market. Fintechs would stop this cashbacks. They would actually, you know, slowing, slowing down on the customer acquisition. This is where banks would be…”

Anish Achuthan Jun 13, 2022 ▶ 38:16 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Assertion Not checkable as stated

Open Serves 2.3M Small Businesses and Processes $30 Billion Annually

“So we have 2.3 million small businesses currently using the platform. And we process thirty billion US dollars in transactions for all of these users. And the current account deposits basically, which happens through the platform or which you manage on the pla…”

Anish Achuthan Jun 13, 2022 ▶ 16:06 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Assertion Not checkable as stated

ICICI Bank Branch Distribution Scaled Open From 100 to 1,000 Customers

“From hundred to a thousand was when, you know, ICICI bank started trialing this product to their, existing set of branches, customers, and selling to the existing branches to their customers. They found a lot of value.”

Anish Achuthan Jun 13, 2022 ▶ 25:34 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Assertion Not checkable as stated

Launching a Tally Plugin Scaled Open Rapidly From 1,000 to 20,000 Users

“Then we start to build the tally plugin basically. And then it exponentially took it from thousand to 20,000 in no time, basically just because of this, a small feature, which we've got.”

Anish Achuthan Jun 13, 2022 ▶ 27:09 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Assertion Not checkable as stated

Open Users Average ₹75 Lakhs Turnover, With 55% in Manufacturing

“It is probably businesses in our platform today also. They are like more than an average if you take around 75 lakhs of annual turnover. And these are like, you know, a B to B trader, a distributor, a manufacturing, you know, we also have freelancers. For exam…”

Anish Achuthan Jun 13, 2022 ▶ 27:43 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Assertion Not checkable as stated

Open's Accounts Are Equally Distributed Across Its Top Five Banking Partners

“I would say this would distributed right now be almost equally distributed on the top four or five banking partners, which we have because today, like depending on the person of the customer.”

Anish Achuthan Jun 13, 2022 ▶ 29:30 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Disclosure

Open Is Partnering With Two Major Indian Public Sector Banks

“Probably this month we are the public state of banks, which everybody would relate to basically, and the, they're actually going live on our platform. So, and in fact, we are also helping them launch their SME new bank as well. So two of the public state of ba…”

Anish Achuthan Jun 13, 2022 ▶ 30:11 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Assertion Supported

Indian Neobanks Are Indirectly Regulated Through Their Partner Banks

“Today neobanking is not fully directly regulated by RBI. The regulation is on the banks, the partner bank.”

Anish Achuthan Jun 13, 2022 ▶ 32:00 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

NEON SHOW Disclosure

Up to 40% of Open's Revenue Comes Through Its Banking Partners

“I would say like around 30, 40 percentage of your revenues also comes not from your customers, but through your banking partners, basically from various services.”

Anish Achuthan Jun 13, 2022 ▶ 36:35 How Open Became The 100th Unicorn - The Story of Asia's First Neo Bank ft. Anish Achuthan

The other half of the tape: Anish Achuthan's own voice is left out of every number here. Other people bring the name up 2 times in 1 episode across the shows. every mention, with the transcript →

Who brings them up most Vaibhav Domkundwar 2

Every mention by year

One line per show, most statements first. The link opens Anish's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

Show	Role there	Eps	Statements	Record
NEON SHOWLEDGER	Co-founder & CEO, Open	1	19	100% 1/1	full record on the Neon Show →