Mid-market businesses operating across India, Southeast Asia, and the Gulf region have long struggled with one common pain point managing international finances without proper infrastructure. Most of these companies still rely on disconnected tools and manual processes to handle payments, collections, and treasury operations, leading to delays and high transaction costs.
Endiya Partners sees an opportunity here and has placed a $2 million seed funding on OpenCFO, a startup building a unified financial platform for this underserved segment.
The problem is straightforward: enterprise finance software is built for large corporations, while consumer-grade tools simply can’t handle multi-country complexity. Companies caught in the middle are left patching together workarounds that cost them both time and money.
OpenCFO is being built by Prudhvi Rao Shedimbi and Sankalp Singayapally, who bring experience from companies like CrowdStrike, Confluent, and Bloomberg. Their goal is to replace fragmented finance stacks with a single, automated layer that handles everything from cross-border payments to receivables and treasury essentially putting an AI-powered CFO in the hands of growing global businesses.
