Best Blockchain Technology Companies in Mumbai, India
The 107 best Blockchain Technology companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CoinDCX.
Our analysis of 50 Blockchain Technology companies
$1.1b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.
Ranked: Best Blockchain Technology companies in Mumbai
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | CoinDCX 🦄 Cryptocurrency exchange and trading service provider 78Moat top 17%Customers top 20%Funding top 21%Fin. health top 29% All 11 signals ▾Moattop 17% Customerstop 20% Fundingtop 21% Fin. healthtop 29% Markettop 32% Techtop 32% Talenttop 34% Producttop 36% Growthtop 49% Globalbottom 45% Newsbottom 24% Moat: Top 1% by revenue among 87 tracked Cryptocurrencies companies · Editorial + unicorn rating 9/10 Customers: Play-Store rating 4.44★ across 418,874 ratings (1 apps) · Review volume +3% in 6 mo rank vs industry peers · Fliar Intelligence Index 78/100 | $247M | 8 mo ago | Series D | Neeraj Khandelwal Co-Founder | 2018 | Apple iCloud MailGoogle WorkspaceNode.js+21 | 2 awards |
| 2 | Push Developer of a Layer 1 blockchain for universal application deployment 42Tech top 36%Funding top 44%Market top 46%Product top 47% All 8 signals ▾Techtop 36% Fundingtop 44% Markettop 46% Producttop 47% Moattop 48% Talentbottom 49% Globalbottom 39% Growthbottom 35% Tech: 28 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Fastly Funding: Raised $10.8M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 42/100 | $11M | 50 mo ago | Series A | Harsh Rajat Co-Founder & Project Lead | 2020 | DocusaurusVarnishReact+15 | — |
| 3 | Polkarare Blockchain-based network for non-fungible tokens | $4M | 61 mo ago | Seed | Pramod Mahadik Founder & CEO | 2021 | — | — |
| 4 | WazirX Online exchange platform for cryptocurrency | $3M | 76 mo ago | Acquired | Sameer Mhatre Co-Founder | 2018 | SentryZendeskApple iCloud Mail+16 | 1 job opening · 1 launch |
| 5 | Yodaplus Provider of technology solutions for financial, supply chain, and blockchain sectors 60Innovation top 23%AI top 35%Fin. health top 40%Funding top 46% All 12 signals ▾Innovationtop 23% AItop 35% Fin. healthtop 40% Fundingtop 46% Producttop 48% Moattop 48% Techtop 49% Growthbottom 49% Talentbottom 49% Marketbottom 42% Globalbottom 30% Newsbottom 22% Innovation: 8 product lines · Deep-tech classification: Blockchain AI: Product described with: ai-driven, artificial intelligence rank vs industry peers · Fliar Intelligence Index 60/100 | $2M | 8 mo ago | Seed | Vishrut Srivastava Founder | 2016 | BootstrapEmailJSGoogle Workspace+13 | — |
| 6 | Solvent Online trading platform for non-fungible tokens | $2M | 53 mo ago | Deadpooled | — | 2021 | — | — |
| 7 | Koinex Cryptocurrency exchange platform | $2M | 100 mo ago | Deadpooled | — | 2017 | BootstrapAmazon Web ServicesjsDelivr+3 | — |
| 8 | ASQI Provider of agriculture technology and biochar solutions for sustainable farming | $1M | 54 mo ago | Seed | Palak Nanjani Co-Founder & COO | 2019 | WordPressMySQLPHP+27 | — |
| 9 | Elemential Blockchain-enabled application development platforms | $1M | 76 mo ago | Seed | Raunaq Vaisoha Co-Founder & CEO | 2016 | — | — |
| 10 | SportZchain Provider of blockchain-enabled fan engagement solutions | $1M | 45 mo ago | Seed | — | 2021 | — | — |
| 11 | MahaDAO Decentralized stable coin backed by MahaDAO | $875K | 66 mo ago | Funding Raised | — | 2020 | — | — |
| 12 | Anypad Blockchain-based launchpad and NFT marketplace platform | $730K | 57 mo ago | Funding Raised | Harsha Vardhan Co-Founder | 2021 | — | — |
| 13 | Rainmaker App-based stocks and cryptocurrency gaming platform | $401K | 52 mo ago | Seed | Adarsh Himatsinghka Co-Founder | 2021 | — | — |
| 14 | SwapSo Provider of bitcoin solutions including card, gifting, and investment services | $350K | — | Seed | Ayush Pandey Co-Founder | 2023 | — | — |
Top 12 Blockchain Technology companies in Mumbai
#1
CoinDCX 🦄Series D · Mumbai, Maharashtra · founded 2018 · 98 employees$246.7Mraised▾
Cryptocurrency exchange and trading service provider. The platform enables users to buy, sell, and trade a broad range of digital assets using money with support for spot trading, margin and futures markets, and lending features. It offers fast KYC onboarding, seamless fiat conversion, and integrated products such as decentralized lending, staking, and an educational portal. Security protocols include proof-of-reserve audits and industry-standard infrastructure. The system delivers real-time analytics, trade automation tools, risk management dashboards, and multi-channel customer support.
- Oct 2025Series D—
- Mar 2022Series D$135M
- Jun 2021Series C$90.2M
- Dec 2020Series B$13.9M
#2
Seed · Mumbai, Maharashtra · founded 2016 · 36 employees$2Mraised▾
Provider of technology solutions for financial, supply chain, and blockchain sectors. The company delivers application development with expertise in generative and agentic artificial intelligence. It offers products including a trade finance document digitization platform and an AI-driven data analytics tool. Services extend to financial technology, supply chain and retail, and blockchain solution consulting.
- Sep 2025Angel$2M
#3
Series A · Mumbai, Maharashtra · founded 2020 · 43 employees$10.8Mraised▾
Developer of a Layer 1 blockchain for universal application deployment. It enables building and deploying applications accessible to users on any chain. The blockchain supports transactions from any blockchain, allowing users to pay gas in any token. It offers wallet abstraction, enabling any wallet to connect and transact. The system is EVM compatible, allowing deployment with zero on-chain code. It facilitates universal smart contracts and fee abstraction.
- Apr 2022Series A$10.1M
- Apr 2021ICO$460K
- Dec 2020Seed$750K
#4
Seed · Mumbai, Maharashtra · founded 2021 · 3 employees$4.2Mraised▾
Blockchain-based network for non-fungible tokens. It features NFT Wallet for storing NFTs & digital assets; NFT Collateralized Loans for loans backed by NFTs; Collections for art, music & sports cards; Multichain NFT Marketplace for exchange & transactions; and more.
- May 2021ICO$2.2M
- Apr 2021Seed$2M
#5
Seed · Mumbai, Maharashtra · founded 2021 · 14 employees$1Mraised▾
Provider of blockchain-enabled fan engagement solutions. It offers an online platform that facilitates fa engagement and enables them to reward using NFT tokens. Its features include tri-dimensional support, token exchange options, and sports team partnerships.
- Sep 2022ICO$175K
- May 2022Seed$600K
- Oct 2021Seed$400K
#6
Deadpooled · Mumbai, Maharashtra · founded 2021 · 2 employees$1.8Mraised▾
Online trading platform for non-fungible tokens. It enables users to buy, sell, and trade NFTs. It also offers a liquidity platform for users. It offers a unique bucket for all different NFT projects on Solana.
- Jan 2022ICO$2.7M
- Jan 2022Seed$1.8M
#7
Seed · Mumbai, Maharashtra · founded 2019 · 20 employees$1.4Mraised▾
Provider of agriculture technology and biochar solutions for sustainable farming. The company offers tools for traceability, AI-powered decision-making, and IoT solutions to maximize yields. It facilitates access to financial resources and connects farmers with buyers. The company provides solutions for soil degradation, air pollution, and greenhouse gas emissions. It converts agricultural waste into soil-improving biochar.
- Dec 2021Seed$1M
- Jun 2019Angel$427.4K
#8
Acquired · Mumbai, Maharashtra · founded 2018 · 300 employees$2.9Mraised▾
Online exchange platform for cryptocurrency. It allows users to trade in multiple currencies such as Bitcoin, Ethereum, Ripple, Litecoin, and more. It also provides advanced trading features such as tradingview and stop limit orders. The platform offers KYC verification system, customer support, and referral rewards for users.
- Feb 2020ICO$2.9M
#9
Funding Raised · Mumbai, Maharashtra · founded 2021 · 2 employees$730Kraised▾
Blockchain-based launchpad and NFT marketplace platform. It offers a launchpad platform that enables users to launch cryptocurrency projects on the blockchain. It also offers an NFT marketplace that enables users to buy and sell NFTs, cryptocurrency staking, NFT-based games, and more.
- Sep 2021ICO$730K
#10
Deadpooled · Mumbai, Maharashtra · founded 2017 · 6 employees$1.7Mraised▾
Koinex is a cryptocurrency exchange focused on providing giving consumers access to multiple alternate currencies. Trading pairs supported currently include Ethereum, Ripple and Litecoin. Indian exchanges currently focus on being a Bitcoin first exchange and have limited support for on-platform trading of alt-coins. The platform allows retail investors to do the same within their platform.
- Feb 2018Angel$230.1K
- Dec 2017Seed$1.1M
- Oct 2017Seed$349K
- Sep 2017Seed—
#11
Funding Raised · Mumbai, Maharashtra · founded 2020 · 21 employees$875Kraised▾
Decentralized stable coin backed by MahaDAO. It is an algorithmic cryptocurrency pegged on Maha token holders. It allows users to avail rewards for liquidity farming across chains in a blockchain infrastructure. Also, provides tools for staking, lending, borrowing, storing, and trading ARTH through Gasless wallets.
- Dec 2020ICO$875K
#12
Seed · Mumbai, Maharashtra · founded 2016 · 3 employees$1Mraised▾
Elemential is a blockchain-enabled application development platform. It offers third-party organizations with product solutions in Ethereum, smart contracts, and other blockchain solutions. It offers IDStack for enabling users to have log-in and control of the data, which is encrypted in packets on the blockchain.
- Feb 2020Angel$13.3K
- Apr 2018Seed$1M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Blockchain Technology coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Blockchain in Mumbai is moving
A read on the academic research around Blockchain in Mumbai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 73 papers.
University of Mumbai, IIT Bombay, and TATA Institute dominate Mumbai's blockchain research, focusing optimistically on security applications and IoT integration across 73 recent papers.
- University of Mumbai63
- Indian Institute of Technology Bombay7
- Tata Institute of Fundamental Research1
- Institute of Chemical Technology1
- Homi Bhabha National Institute1
- Computer security22
- Transparency (behavior)5
- Traceability4
- Smart contract4
- Voting4
- Computer security13
- Cryptography4
- Database transaction3
- Internet of Things3
- Cloud computing2
- Computer security7
- Supply chain5
- Traceability3
- Transparency (behavior)2
- Internet of Things2
Who's building blockchain IP in Mumbai
Hi-tech International leads Mumbai's blockchain patent activity with 7 filings, and activity is rising overall, though growth has been uneven across years.
- hi-tech international7Mumbai
- Digital India Payments5Mumbai
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.