Best Cryptocurrencies Companies in Mumbai, India
The 56 best Cryptocurrencies 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 Cryptocurrencies companies
$7.1b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2026.
Ranked: Best Cryptocurrencies 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 | 9 mo ago | Series D | Neeraj Khandelwal Co-Founder | 2018 | Apple iCloud MailGoogle WorkspaceNode.js+21 | 2 awards |
| 2 | Polkarare Blockchain-based network for non-fungible tokens | $4M | 62 mo ago | Seed | Pramod Mahadik Founder & CEO | 2021 | — | — |
| 3 | WazirX Online exchange platform for cryptocurrency | $3M | 77 mo ago | Acquired | Sameer Mhatre Co-Founder | 2018 | SentryZendeskApple iCloud Mail+16 | 1 job opening · 1 launch |
| 4 | Koinex Cryptocurrency exchange platform | $2M | 100 mo ago | Deadpooled | — | 2017 | BootstrapAmazon Web ServicesjsDelivr+3 | — |
| 5 | ASQI Provider of agriculture technology and biochar solutions for sustainable farming | $1M | 55 mo ago | Seed | Palak Nanjani Co-Founder & COO | 2019 | WordPressMySQLPHP+27 | — |
| 6 | MahaDAO Decentralized stable coin backed by MahaDAO | $875K | 66 mo ago | Funding Raised | — | 2020 | — | — |
| 7 | Rainmaker App-based stocks and cryptocurrency gaming platform | $401K | 53 mo ago | Seed | Adarsh Himatsinghka Co-Founder | 2021 | — | — |
| 8 | SwapSo Provider of bitcoin solutions including card, gifting, and investment services | $350K | — | Seed | Ayush Pandey Co-Founder | 2023 | — | — |
Top 12 Cryptocurrencies 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 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
#3
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
#4
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
#5
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—
#6
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
#7
Seed · Mumbai, Maharashtra · founded 2021$400.8Kraised▾
App-based stocks and cryptocurrency gaming platform. It helps users create cryptocurrency and stock portfolio strategies. Users can create multiple portfolios based on stocks and cryptocurrency knowledge. Users can compete against other players in various contests and can win prizes. The app is available on both Android and iOS platforms.
- Feb 2022Seed$400.8K
#8
Seed · Mumbai, Maharashtra · founded 2023$350Kraised▾
Provider of bitcoin solutions including card, gifting, and investment services. It offers a suite of tools designed for bitcoin transactions and management. These solutions include options for secure storage and self-custody. The company aims to simplify bitcoin accessibility and promote its use. It largest bitcoin education initiative in India.
- Seed$350K
- Grant (prize money)—
#9
Funding Raised · Mumbai, Maharashtra · founded 2022 · 17 employees—raised▾
Operator of a decentralized platform designed to connect asset managers with liquidity providers. The company's platform lets asset managers leverage their skills with access to further capital while generating trading-based profit opportunities for capital providers, the asset management services can be based on discretionary investment theses that run long and short strategies created by asset managers on the platform, enabling the creation of hedge funds for retail investors without any regulatory ambiguity.
#10
Seed · Mumbai, Maharashtra · founded 2022 · 12 employees—raised▾
Cryptocurrency portfolio management platform. It offers a platform that enables crypto investors to build cryptocurrency portfolios and access passive income generation tools. It provides access to passive income generation tools, such as digital asset indexes, allowing users to buy any crypto index. It helps investors to build a balanced portfolio and track digital assets.
- Jan 2023Seed—
#11
Seed · Mumbai, Maharashtra · founded 2020—raised▾
Blockchain-based ecosystem powered by AI technology. It aims to fuel a new global economy anchored in the investment class. It offers a secure and decentralized infrastructure for various applications, including cryptocurrency transactions, smart contracts, and decentralized finance solutions.
- Oct 2022Seed—
#12
Seed · Mumbai, Maharashtra · founded 2019 · 25 employees—raised▾
Provider of blockchain-based financing for farmers. It provides users with a platform connects farmers, warehouses, and financial institutions, enabling quick access to credit. This facilitates secure storage of produce and combats distress selling. For agribusinesses, the solutions streamline supply chains and improve market access. The company aims to create a financially inclusive ecosystem that empowers farmers and strengthens food security systems.
- Jul 2020Grant (prize money)—
- Mar 2020Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Cryptocurrencies coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Mumbai researches in cryptocurrency
University of Mumbai and IIT Bombay lead Mumbai's predominantly recent (15/16 post-2020) cryptocurrency research, focusing on blockchain security and cryptographic privacy with a cautiously optimistic tone.
- University of Mumbai10
- Indian Institute of Technology Bombay6
Who's building cryptocurrency IP in Mumbai
Intuit leads Mumbai's minimal cryptocurrency patent activity with a single filing in 2018, and no subsequent filings suggest the trend has since cooled entirely.
- Intuit1Mumbai
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.