Company lists
The India edition · 2026

Finance & Accounting Techcompanies in India

Accounting software, ERP, payments & spend, payroll & HR, compliance and more: the companies building finance & accounting tech in India, with their founders, funding, team size and business models.

1,615 company profiles408 with reported revenue123 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent finance & accounting tech business events in India

Funding, M&A, contract wins and launches involving 2,313 finance & accounting tech companies in India, last 24 months: 57 Contracts · 33 M&A deals · 19 launches · 10 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Ran Ventures acquires Zaggle

RAN Ventures purchased 1 Lakh equity shares of Zaggle from the open market on May 18, taking its stake in the company to 44.23% from 44.15%.

Fintech SaaS
M&AAcquisition · Announced

Zaggle Prepaid Ocean Services acquires Dice

Zaggle Prepaid Ocean Services Ltd, a spend management solutions company, has said that its board has approved the transaction structure for the strategic acquisition of DICE. Zaggle has…

AI Spend Management Platform
ContractService

Zaggle Prepaid Ocean Services · client: Generali Central Insurance Company

Generali Central Insurance Company will now have access to the Zaggle Zoyer platform, thanks to an arrangement announced by Zaggle Prepaid Ocean Services.

Spend management
FundingPre-Series

Tartan

Fintech startup Tartan raised $4.5 milion in Pre-Series from 500 Global, InfoEdge Ventures, Naval Ravikant-backed AngelList Quant Fund, WorldQuant Ventures, Varanium GenNext Fund,…

Investors 500 global, InfoEdge Ventures, Naval Ravikant-backed AngelList Quant Fund, WorldQuant Ventures
Fintech
FundingSeries A

Aerchain

We are pleased to announce that our client, Aerchain, has raised Series A funding round led by Pavestone VC, with participation from IndiaMART and other investors.

Investors Pavestone VC, Indiamart
AI native enterprise procurement platform
ContractTechnology

Ramco Systems · client: Tata advanced systems

Tata Advanced Systems Ltd (TASL) has chosen Ramco Systems‘ aviation software to digitally manage its upcoming maintenance, repair, and overhaul (MRO) facility for the Indian Air Force’s…

Defense
ContractTechnology

Ramco Systems · client: Sahar group

Ramco Systems Corporation, USA (RSC), a subsidiary of Ramco Systems Limited, has announced that Sahar Group, an aerospace services provider specialising in the UH-60 Black Hawk platform,…

Aerospace
LaunchTallyPrime Cloud Access

Tally solutions

Tally Solutions has migrated its TallyPrime Cloud Access platform to Oracle Cloud Infrastructure (OCI).

Cloud-based financial management
M&AMerger · Completed

Fincontrol acquires Osfin

At the end of August 2025, the two supervisory organisations (AO) for asset managers and trustees Fincontrol and Osfin announced that they would merge to join Osfincontrol.

M&AAcquisition · Completed

Ramco Management acquires Ramco Systems

Promoter Ramco Management has acquired 2.7 percent equity stake in Ramco Systems, the global enterprise software company, via open market transactions on February 3.

Enterprise Software
FundingSeries C

Xoxoday

Xoxoday, a global rewards, incentives, and Loyalty technology company, has raised a Series C round backed by its existing investors – Apis Partners & 57 Stars, marking a key milestone as…

Rewards, Incentives & Loyalty technology
LaunchTallyPrime 7.0

Tally solutions

Tally Solutions has launched TallyPrime 7.0 in the Middle East, adding automation, bilingual workflows, and built‑in compliance for SMEs.

Accounting software
M&AAcquisition · Announced

Acrophyte Asset Management acquires Suntec

Acrophyte plans to enter a conditional sale and purchase agreement with subsidiaries of ESR Group to acquire ESR’s 100 per cent indirect interest in the manager, Suntec Reit’s manager…

M&AAcquisition · Completed

Vyapar acquires Suvit

Vyapar, one of the country’s leading business management platforms, has fully acquired Suvit, an AI-powered automation accounting software recognized by the Institute of Chartered…

AI-driven accounting automation startup
LaunchEmbedded Invoicing & Accounting Suite

Refrens

Refrens, a global leader in invoicing and accounting solutions, today announced the launch of its next-generation Embedded Invoicing & Accounting Suite, designed to help software…

Embedded Invoicing & Accounting
LaunchKapittx

Kapittx

Pune-based Kapittx is emerging as an AI-native platform, helping enterprises tackle delayed receivables and limited cash‑flow visibility.

B2B payments / receivables management
LaunchPrudent AI Upfront

Prudent ai

In 2025, he led the launch of Prudent AI Upfront, a one‑touch prequalification platform that automates document collection and instantly calculates borrower income with 100% accuracy.

LaunchSunTec Xelerate Account Analysis Solution

Suntec business solutions

SunTec Business Solutions today announced the launch of its enhanced, AI-augmented Account Analysis Solution, designed to help US banks unlock deeper client insights, strengthen treasury…

Account Analysis Solution
M&AAcquisition · Announced

Choice international acquires Fintoo

Additionally, the company has acquired Fintoo’s insurance distribution business, encompassing its client portfolio, team, IT systems, and supporting infrastructure.

LaunchXelerate Deal Management

Suntec business solutions

SunTec Business Solutions has launched its upgraded Xelerate Deal Management platform, a enhancement that integrates artificial intelligence and end-to-end automation to revolutionise…

AI-powered deal management platform
ContractInfrastructure

Au small finance bank · client: Zaggle Prepaid Ocean Services

AU Small Finance Bank has announced a strategic partnership with Zaggle Prepaid Ocean Services Ltd, India’s leading spend management company.

Financial Services
ContractService

Mastercard Asia Pacific Pte. Ltd · client: Zaggle Prepaid Ocean Services

the company said it has "entered into an agreement" with Mastercard Asia Pacific Pte. Ltd to launch and promote co-branded domestic prepaid cards on the Mastercard network.

Prepaid card
LaunchEmbedded Invoicing & Accounting Suite

Refrens

Refrens, a global leader in invoicing and accounting solutions, today announced the launch of its next-generation Embedded Invoicing & Accounting Suite, designed to help software…

Embedded Finance
M&AAcquisition · Announced

India accelerator acquires Starters' CFO

India Accelerator (IA), a leading multi-stage VC fund, has announced the acquisition of Starters' CFO, a leading new age finance and accounting services provider for startups.

Finance and accounting services for startups
LaunchDigital CFO Version 1.0

Digital CFO

Digital CFO, a pioneering fintech platform developed by Chartered Accountants with deep domain expertise, today announced the nationwide launch of its Version 1.0 Cloud‑Native, AI‑Driven…

Cloud-native, AI-driven accounting and financial management software
ContractInfrastructure

Enzyme Office Spaces · client: Vyapar

Vyapar, an accounting software company, has leased 90,000 sq ft of customized commercial space at Enzyme Office Spaces' newly launched centre in Bengaluru.

Real Estate/Office Space
ContractService

Grant Thornton Bharat · client: Zaggle Prepaid Ocean Services

Under the terms of the agreement, Grant Thornton will act as a channel partner, offering Zaggle's flagship Spend Management platform to its roster of corporate clients and large enterprises.

Fintech
M&AAcquisition · Announced

Jindal stainless acquires Mynd solutions private limited

Jindal Stainless Limited (JSL) approves purchase of 5.03% stake in Mynd Solutions Private Limited, a trade receivables discounting system (TReDS) and supply chain financing platform…

FundingInvestment

Mynd solutions private limited

The company announced that it has approved the acquisition of a 5.03% stake in Mynd Solutions Private Limited. It is a Reserve Bank of India (RBI)-regulated trade receivable discounting…

TReDS and supply chain platform

Finance & Accounting Tech companies in India, by revenue

Browse finance & accounting tech companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 408 finance & accounting tech companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of B2B payment automation and supply chain finance solutions

Finance & accounting tech
₹1,344.01 crFY 2023-24
Not reported
87-4% 12 mo to Aug 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months · last posted Mar 2023

Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

Hrtech
₹1,330.53 crFY 2024-25
+69%2024–2025
523+50% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of rewards, recognition, loyalty, incentives, and payout program solutions

Hrtech
₹993.46 crFY 2024-25
+12%2024–2025
700-17% 12 mo to Aug 2024LinkedIn · Jul 2026
14 yr2012
20postings · last posted Aug 2026

Developer of business management software, taxation, accounting, and compliance solutions

Enterprise resource planning
₹746.58 crFY 2024-25
+11%2024–2025
5,073+10% 12 mo to Sep 2024LinkedIn · Jul 2026
40 yr1986
6postings · last posted Sep 2026

Provider of enterprise resource planning, payroll, and logistics software solutions

Enterprise resource planning
₹596.87 crFY 2024-25
+13%2024–2025
3,951-17% 12 mo to Mar 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provider of pricing, billing, revenue management, and customer experience orchestration solutions

Finance & accounting tech
₹291.34 crFY 2024-25
+1%2024–2025
853-31% 12 mo to Mar 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Provider of tax and financial solutions for individuals and businesses

Finance & accounting tech
₹277.11 crFY 2024-25
+29%2024–2025
851recorded
15 yr2011
0none in 3 months · last posted Jun 2026

Treasury and wealth management solutions

Banking tech
US$31.33mFY 2023-24
+18%2023–2024
485LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Online B2B platform for industrial supply

Scm software
₹249.78 crFY 2024-25
+14%2024–2025
131-14% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Accounting and financial management software

Finance & accounting tech
₹234.98 crFY 2024-25
+3%2024–2025
833LinkedIn · Jul 2026
26 yr2000
4postings · last posted Sep 2026

Provider of spend management suite

Payments
₹202.24 crFY 2023-24
Not reported
6+49% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jun 2026

Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions

E-commerce enablers
₹185.01 crFY 2022-23
+37%2022–2023
156-26% 12 mo to Aug 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Jul 2026

Provider of regulatory technology and compliance software solutions

Regtech
₹128.51 crFY 2024-25
+25%2024–2025
769+24% 12 mo to Feb 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Technology-enabled accounting and finance solutions for SMBs

Finance & accounting tech
₹111.45 crFY 2022-23
Not reported
1,394+16% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of integrated back-office solutions across finance, accounting, HR, compliance, and staffing

Finance & accounting tech
₹104.73 crFY 2024-25
+76%2024–2025
1,059recorded
24 yr2002
2postings · last posted Sep 2026

Provider of a business registration, compliance, and taxation platform

Legal tech
₹88.53 crFY 2024-25
+10%2024–2025
490+92% 12 mo to Aug 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Professional services firm providing accounting, tax, and legal consulting services to individuals and businesses

Finance & accounting tech
₹88.13 crFY 2024-25
+20%2024–2025
—Not available
33 yr1993
0none in 3 months

Provides GST software and GST solutions

Finance & accounting tech
₹80.14 crFY 2023-24
+19%2023–2024
—Not available
8 yr2018
0none in 3 months

Platform offering cloud spend management solution

It operations
₹78.57 crFY 2024-25
+35%2024–2025
84+6% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted May 2026

Provider of GST billing, inventory, and accounting software for small businesses

Finance & accounting tech
₹77.08 crFY 2024-25
+41%2024–2025
1,554+12% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Provider of a platform for business spend management and payment solutions

Finance & accounting tech
₹76.76 crFY 2024-25
-75%2024–2025
154-59% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
6postings · last posted Sep 2026

Provider of suit solutions for accounting and finance management for small and medium businesses

Payments
₹65.33 crFY 2024-25
+319%2024–2025
69+100% 12 mo to Aug 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of IoT-based billing and energy management solutions

Smart cities
₹65.14 crFY 2024-25
Not reported
100+26% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Platform offering cloud-based ERP for retail industry

In store retail tech
₹64.18 crFY 2024-25
+18%2024–2025
398+34% 12 mo to Jul 2024LinkedIn · Jul 2026
20 yr2006
5postings · last posted Sep 2026

Platform that offers cloud based solutions

Investment tech
US$7.32mDec 2023
Not reported
—Not available
21 yr2005
1postings · last posted Aug 2026
50 of 1,615 companies shown here · the full list is on Radar
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Explore all 1,615 finance & accounting tech companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open finance & accounting tech in India on Radar
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Explore finance & accounting tech companies in India by what you are looking for

Browse finance and accounting tech companies in India, from accounting software and tax filing to payments and spend management. Find finance technology startups and ERP providers for businesses in one place.

9 ways to explore finance & accounting tech in India

Accounting, invoicing & tax software companiesERP & business management softwarePayments & spend management companiesPayroll & HR software companiesCompliance, GST & regtech softwareAI & automation for finance teams

Accounting, invoicing & tax software companies

Accounting suites, bookkeeping, invoicing and tax filing software for businesses.

  1. Zaggle

    Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

    Hrtech
    See in list
  2. Tally Solutions

    Developer of business management software, taxation, accounting, and compliance solutions

    Enterprise resource planning
    See in list
  3. ClearTax

    Provider of tax and financial solutions for individuals and businesses

    Finance & accounting tech
    See in list
  4. FinIQ Consulting

    Treasury and wealth management solutions

    Banking tech
    See in list
  5. Cygnet One

    Accounting and financial management software

    Finance & accounting tech
    See in list
1293 companies in India

ERP & business management software

ERP and business management platforms for finance, retail and operations.

  1. Tally Solutions

    Developer of business management software, taxation, accounting, and compliance solutions

    Enterprise resource planning
    See in list
  2. Ramco

    Provider of enterprise resource planning, payroll, and logistics software solutions

    Enterprise resource planning
    See in list
  3. Mynd Solutions

    Provider of integrated back-office solutions across finance, accounting, HR, compliance, and staffing

    Finance & accounting tech
    See in list
  4. Ginesys

    Platform offering cloud-based ERP for retail industry

    In store retail tech
    See in list
  5. Spine Technologies

    Provider of HRMS and fixed asset management solutions

    Finance & accounting tech
    See in list

Payments & spend management companies

Business payments, corporate cards, expense management and payouts.

  1. Zaggle

    Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

    Hrtech
    See in list
  2. ShakePe

    Provider of spend management suite

    Payments
    See in list
  3. EnKash

    Provider of a platform for business spend management and payment solutions

    Finance & accounting tech
    See in list
  4. Zyro

    Provider of suit solutions for accounting and finance management for small and medium businesses

    Payments
    See in list
  5. Karbon

    Provider of international payment and corporate expense management solutions

    Digital remittance
    See in list

Payroll & HR software companies

Payroll, HR management and rewards platforms.

  1. Ramco

    Provider of enterprise resource planning, payroll, and logistics software solutions

    Enterprise resource planning
    See in list
  2. Mynd Solutions

    Provider of integrated back-office solutions across finance, accounting, HR, compliance, and staffing

    Finance & accounting tech
    See in list
  3. SGC Services

    Provider of payroll outsourcing, HR, and compliance services

    Finance & accounting tech
    See in list
  4. Spine Technologies

    Provider of HRMS and fixed asset management solutions

    Finance & accounting tech
    See in list
  5. Paysquare

    The company offers payroll, HR, and accounting services

    Finance & accounting tech
    See in list

Compliance, GST & regtech software

Governance, risk, compliance and regulatory reporting software.

  1. IRIS

    Provider of regulatory technology and compliance software solutions

    Regtech
    See in list
  2. India Fillings

    Provider of a business registration, compliance, and taxation platform

    Legal tech
    See in list
  3. DataTracks

    Platform that offers cloud based solutions

    Investment tech
    See in list
  4. Figment Global Solutions

    Tax compliance solutions for businesses

    Grc software
    See in list
  5. RegisterKaro

    Provider of business compliance and accountancy services

    Finance & accounting tech
    See in list

AI & automation for finance teams

AI-powered invoice processing, financial analytics and finance automation.

  1. ListerVentures

    Provider of a revenue management platform for the medical industry

    Finance & accounting tech
    Website
  2. Leobrix

    Decision automation and Gen AI-powered digital transformation platforms

    Finance & accounting tech
    Website
  3. Discover Dollar

    AI-powered solutions that identify overpayments and revenue leakages

    Finance & accounting tech
    Website
  4. Bluecopa

    Provider of a unified platform for finance operations management and automation

    Finance & accounting tech
    Website
  5. Binocs

    Gen AI powered document analyzer and loan monitoring system

    Generative ai
    Website

Finance & accounting tech startups in India

Newer finance and accounting tech companies founded in recent years.

  1. Surya Financial Technologies

    Provider of balance sheet management and risk management solutions

    Finance & accounting tech
    See in list
  2. RegisterKaro

    Provider of business compliance and accountancy services

    Finance & accounting tech
    See in list
  3. Leobrix

    Decision automation and Gen AI-powered digital transformation platforms

    Finance & accounting tech
    Website
  4. Finforz Technologies Pvt. Ltd

    Finance software development, IT outsourcing and services company

    Finance & accounting tech
    Website
  5. TheGstco

    Provider of virtual office, APOB, and GST compliance management services

    Finance & accounting tech
    Website
387 companies in India

Finance & accounting tech companies hiring in India

Companies with open jobs right now.

  1. PayMate

    Provider of B2B payment automation and supply chain finance solutions

    Finance & accounting tech
    See in list
  2. Xoxoday

    Provider of rewards, recognition, loyalty, incentives, and payout program solutions

    Hrtech
    See in list
  3. Tally Solutions

    Developer of business management software, taxation, accounting, and compliance solutions

    Enterprise resource planning
    See in list
  4. ClearTax

    Provider of tax and financial solutions for individuals and businesses

    Finance & accounting tech
    See in list
  5. Cygnet One

    Accounting and financial management software

    Finance & accounting tech
    See in list
52 companies in India

Listed finance & accounting tech companies

Publicly traded finance and accounting tech companies.

  1. Zaggle

    Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

    Hrtech
    See in list
  2. Ramco

    Provider of enterprise resource planning, payroll, and logistics software solutions

    Enterprise resource planning
    See in list
  3. IRIS

    Provider of regulatory technology and compliance software solutions

    Regtech
    See in list
  4. WFYI Technology

    Provider of AI-driven platform for tax filing and financial compliance

    Finance & accounting tech
    Website
  5. Easitax

    Software solution for preparing e-TDS returns.

    Finance & accounting tech
    Website
6 companies in India
Mobile reach

Top 10 finance & accounting tech apps from India

The most-installed Android apps published by finance & accounting tech companies headquartered in India — 161.5M installs between them. 285 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Khatabook Credit Account Book

by Khatabook

Installs96.2M
Rating4.39583K ratings
Installs, year on year+15%
Last updatedMay 2026
View on Google Play ↗
Khatabook Credit Account Book screenshot 1Khatabook Credit Account Book screenshot 2Khatabook Credit Account Book screenshot 3Khatabook Credit Account Book screenshot 4Khatabook Credit Account Book screenshot 5Khatabook Credit Account Book screenshot 6
2

Vyapar Invoice Billing App

by Vyapar

Installs16.3M
Rating4.78183K ratings
Installs, year on year+18%
Last updatedJun 2026
View on Google Play ↗
Vyapar Invoice Billing App screenshot 1Vyapar Invoice Billing App screenshot 2Vyapar Invoice Billing App screenshot 3Vyapar Invoice Billing App screenshot 4Vyapar Invoice Billing App screenshot 5Vyapar Invoice Billing App screenshot 6
3

PagarBook:Attendance & Payroll

by PagarBook

Installs11.8M
Rating4.291K ratings
Last updatedMay 2026
View on Google Play ↗
PagarBook:Attendance & Payroll screenshot 1PagarBook:Attendance & Payroll screenshot 2PagarBook:Attendance & Payroll screenshot 3PagarBook:Attendance & Payroll screenshot 4PagarBook:Attendance & Payroll screenshot 5PagarBook:Attendance & Payroll screenshot 6
4

myBillBook Invoice Billing App

by myBillBook

Installs10.4M
Rating4.41146K ratings
Installs, year on year+16%
Last updatedJun 2026
View on Google Play ↗
myBillBook Invoice Billing App screenshot 1myBillBook Invoice Billing App screenshot 2myBillBook Invoice Billing App screenshot 3myBillBook Invoice Billing App screenshot 4myBillBook Invoice Billing App screenshot 5myBillBook Invoice Billing App screenshot 6
6

CashBook: UPI Wallet for Staff

by CashBook

Installs5.4M
Rating3.76205K ratings
Last updatedMay 2026
View on Google Play ↗
CashBook: UPI Wallet for Staff screenshot 1CashBook: UPI Wallet for Staff screenshot 2CashBook: UPI Wallet for Staff screenshot 3CashBook: UPI Wallet for Staff screenshot 4CashBook: UPI Wallet for Staff screenshot 5CashBook: UPI Wallet for Staff screenshot 6
7

Staff Attendance & Payroll App

by SalaryBox

Installs4.8M
Rating4.3811K ratings
Installs, year on year+26%
Last updatedMay 2026
View on Google Play ↗
Staff Attendance & Payroll App screenshot 1Staff Attendance & Payroll App screenshot 2Staff Attendance & Payroll App screenshot 3Staff Attendance & Payroll App screenshot 4Staff Attendance & Payroll App screenshot 5Staff Attendance & Payroll App screenshot 6
8

GimBooks: Invoice, Billing App

by Gimbooks

Installs4.7M
Rating4.1315K ratings
Installs, year on year+27%
Last updatedJun 2026
View on Google Play ↗
GimBooks: Invoice, Billing App screenshot 1GimBooks: Invoice, Billing App screenshot 2GimBooks: Invoice, Billing App screenshot 3GimBooks: Invoice, Billing App screenshot 4GimBooks: Invoice, Billing App screenshot 5GimBooks: Invoice, Billing App screenshot 6
9

OmniCard: UPI, Card & Rewards

by OmniCard

Installs3.4M
Rating2.7133K ratings
Installs, year on year+42%
Last updatedMay 2026
View on Google Play ↗
OmniCard: UPI, Card & Rewards screenshot 1OmniCard: UPI, Card & Rewards screenshot 2OmniCard: UPI, Card & Rewards screenshot 3OmniCard: UPI, Card & Rewards screenshot 4OmniCard: UPI, Card & Rewards screenshot 5OmniCard: UPI, Card & Rewards screenshot 6
10

Invoicing Billing GST - Swipe

by Swipe

Installs2.7M
Rating5.014K ratings
Installs, year on year+43%
Last updatedJun 2026
View on Google Play ↗
Invoicing Billing GST - Swipe screenshot 1Invoicing Billing GST - Swipe screenshot 2Invoicing Billing GST - Swipe screenshot 3Invoicing Billing GST - Swipe screenshot 4Invoicing Billing GST - Swipe screenshot 5Invoicing Billing GST - Swipe screenshot 6
The business behind the activity

Finance & Accounting Tech financials in India

Revenue, profit and growth from the filed annual accounts of 370 finance & accounting tech companies in India for FY24-25 — 462 of the 1,615 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 58% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹5,404.49 cr

370 companies filing accounts

combined net profit−₹169.38 cr

-3.1% aggregate margin

are profitable49%

182 of 370 companies

median revenue~₹1.0 cr

the typical company

median revenue growth+14%

into FY24-25

earned by the top five58%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,115.30 crFY19-20248 filers
₹3,118.71 crFY20-21277 filers
₹4,452.70 crFY21-22304 filers
₹4,585.44 crFY22-23336 filers
₹6,772.59 crFY23-24374 filers
₹5,404.49 crFY24-25370 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 297 companies over three years

+51%
FY22-23₹2,598.94 cr−₹151.51 cr net
FY23-24₹3,323.18 cr−₹266.68 cr net
FY24-25₹3,926.52 cr−₹85.29 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr17933% profitable
₹1–10 cr13358% profitable
₹10–100 cr5277% profitable
₹100–1,000 cr5100% profitable
Over ₹1,000 cr1100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking101
0–20%83
20–50%60
50–100%34
Doubled+59

337 companies with accounts for both years; median growth +14%.

Profitability

Profit is concentrated at the top

182profitable
188loss-making
-3.1%aggregate margin
-0.1%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
FintooMIHIKA FINANCIAL SERVICES PRIVATE LIMITED
RegisterKaroSAFE LEDGER PRIVATE LIMITED
KarbonLIVQUIK TECHNOLOGY (INDIA) PRIVATE LIMITED
PagarBookGYANKAAR TECHNOLOGIES PRIVATE LIMITED
AerchainAGILLOS E-COMMERCE PRIVATE LIMITED+86%₹10.06 cr
ZaggleZaggle Prepaid Ocean Services Limited+69%₹1,327.16 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NaapBooksNAAPBOOKS LIMITED36.1%₹12.42 cr
Image InfoSystemsIMAGE INFOSYSTEMS PRIVATE LIMITED
ListerVenturesLISTER VENTURES PRIVATE LIMITED22.7%₹15.38 cr
CompuTaxTAX SOFT MARKETING PRIVATE LIMITED
TaxsutraREALTIME TAXSUTRA SERVICES PRIVATE LIMITED₹15.87 cr
Microvista TechnologiesMICROVISTA TECHNOLOGIES PRIVATE LIMITED15.5%₹10.66 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Hrtech9₹1,941.11 cr~₹1.3 cr67%3.5%
Finance & accounting tech287₹1,572.69 cr~₹86 lakh48%-14.9%
Enterprise resource planning8₹766.37 cr~₹1.6 cr75%2.4%
Scm software6₹299.49 cr~₹11.0 cr50%-10.9%
Grc software5₹83.57 cr~₹17.2 cr80%7.7%
Banking tech5₹65.45 cr~₹2.4 cr60%17.1%
Payments14₹20.43 cr~₹1.2 cr21%-88.4%
Leaders

Largest finance & accounting tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
ZaggleZaggle Prepaid Ocean Services Limited₹1,327.16 cr₹87.48 cr6.6%+69%
Tally SolutionsTALLY SOLUTIONS PRIVATE LIMITED₹718.91 cr₹15.43 cr2.1%+10%
XoxodayNREACH ONLINE SERVICES PRIVATE LIMITED₹604.60 cr₹6.65 cr1.1%+1%
Bulk MROBULK MRO INDUSTRIAL SUPPLY PRIVATE LIMITED₹249.78 cr₹19.86 lakh0.1%+14%
SunTecSuntec Business Solutions Private Limited₹231.27 cr₹1.78 cr0.8%+6%
IRISIRIS REGTECH SOLUTIONS LIMITED₹121.96 cr₹12.50 cr10.3%+25%
India FillingsINDIAFILINGS PRIVATE LIMITED₹88.53 cr₹1.17 cr1.3%+10%
Nidhi & AssociatesNIDHI ASSOCIATES PRIVATE LIMITED₹88.13 cr₹85.74 lakh1.0%+20%
CloudGeneeUNICLOUD LABS PRIVATE LIMITED₹78.57 cr₹7.30 cr9.3%+35%
VyaparSIMPLY VYAPAR APPS PRIVATE LIMITED₹70.65 cr−₹56.91 cr-80.6%+40%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full finance & accounting tech landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the finance & accounting tech landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Finance & Accounting Tech funding and M&A across India

429 recorded equity rounds have gone to 2,313 finance & accounting tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months7

US$21.19m

equity rounds, last 24 months33

US$131.96m

raised over five yearsUS$869.95m

205 rounds in India

M&A deals, India33

last 24 months

Capital by year

Equity funding into finance & accounting tech in India

amount rounds
$81m201831
$209m201941
$120m202037
$432m202154
$192m202255
$83m202338
$42m202431
$104m202522
$17m20265

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$432.01m across 54 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$9.12m49 rounds · median US$92k
SeedUS$113.86m111 rounds · median US$682k
Series AUS$139.78m23 rounds · median US$4.00m
Series BUS$176.98m9 rounds · median US$8.76m
Series CUS$226.00m4 rounds · median US$75.00m
Series D+US$204.21m9 rounds · median US$4.03m
Where the money went · five years

Most-funded sub-sectors

Finance & accounting techUS$295.95m133 rounds · 68 companies
E-commerce enablersUS$241.32m6 rounds · 2 companies
HrtechUS$122.46m10 rounds · 4 companies
Vernacular platformsUS$100.00m1 rounds · 1 companies
Scm softwareUS$39.88m12 rounds · 6 companies
Digital remittanceUS$28.20m3 rounds · 1 companies
PaymentsUS$14.17m16 rounds · 9 companies
Corporate activity · last 24 months

M&A in India

32Acquisition
1Merger

Most active acquirers

  1. Zaggle Prepaid Ocean Services23
  2. Ran Ventures1
  3. Fincontrol1
  4. Ramco Management1
  5. Acrophyte Asset Management1

Most acquired or merged

  1. Mobileware technologies3
  2. Dice2
  3. Na2
  4. Effiasoft2
  5. Rio.Money2

Each deal appears in the events strip at the top of the page.

Finance & Accounting Tech funding in India

123 finance & accounting tech companies in India have recorded equity funding, US$1.32bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind finance & accounting tech companies in India. 779 of 1,615 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India finance & accounting tech companies by sub-sector

The most common specialisations among finance & accounting tech companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring finance & accounting tech in India and nearby markets.

Coming soon