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Radar · Finance & Accounting Tech in Maharashtra

Best Finance & Accounting Tech Companies in Maharashtra, India

The 235 best Finance & Accounting Tech companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bizongo.

235companies tracked
$409.6Mdisclosed funding
0unicorns
39have raised
FLIAR INTELLIGENCE · FINANCE & ACCOUNTING TECH × MAHARASHTRA

Our analysis of 50 Finance & Accounting Tech companies

$1.1b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.

50companies analysed
96%cloud-native stacks
2022funding peak (by rounds)
2018median founding year
53median Fliar Index™
389kcombined LinkedIn audience
40%of audience held by top 3
3companies hiring publicly (12 mo)

Ranked: Best Finance & Accounting Tech companies in Maharashtra

#CompanyRevenueDisclosed fundingLast roundRevenue YoYEmployeesFounderRecent signals
1Zaggle
Platform designed to streamline business spends, payments, and rewards through automated and innovative…
82Fin. health top 19%Partners top 20%Tech top 26%Moat top 26%
All 13 signals ▾
Fin. healthtop 19%
Partnerstop 20%
Techtop 26%
Moattop 26%
Growthtop 27%
Markettop 28%
Customerstop 32%
Talenttop 32%
Producttop 33%
Fundingtop 34%
Newstop 35%
Innovationtop 50%
Globalbottom 37%
Fin. health: Revenue ~$220M (FY2026) · Net margin 7.2%
Partners: 3 partnership announcements in 12 mo (3 in 24 mo) · 25 contract events in 12 mo
rank vs industry peers · Fliar Intelligence Index 82/100
$220M
FY2026
$2M6 mo ago+46%401Raj Narayanam
Founder & Executive Chairman
—
2FinIQ Consulting
Treasury and wealth management solutions
55Fin. health top 30%Innovation top 34%Growth top 35%Market top 46%
All 9 signals ▾
Fin. healthtop 30%
Innovationtop 34%
Growthtop 35%
Markettop 46%
Producttop 46%
Globalbottom 43%
Fundingbottom 36%
Newsbottom 22%
Techbottom 21%
Fin. health: Revenue ~$31.3M (FY2020) · Net margin 14.8%
Innovation: 12 product lines
rank vs industry peers · Fliar Intelligence Index 55/100
$31M
FY2024
$15K14 mo ago+18%175——
3Bulk MRO
Online B2B platform for industrial supply
60Tech top 34%Product top 36%Talent top 38%Innovation top 39%
All 11 signals ▾
Techtop 34%
Producttop 36%
Talenttop 38%
Innovationtop 39%
Moattop 39%
Fin. healthtop 40%
Fundingtop 43%
Markettop 45%
Growthbottom 47%
Globalbottom 39%
Newsbottom 22%
Tech: 40 technologies across 5/8 capability areas · Cloud: Cloudflare
Product: 12 distinct product lines · Company stage: Series A
rank vs industry peers · Fliar Intelligence Index 60/100
$30M
FY2025
$7M71 mo ago+14%101
101 → 131 (+30%) · sector median +24%
Gaurang Shah
Co-Founder
—
4Bizongo
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
62Moat top 21%Funding top 26%Market top 36%Tech top 36%
All 11 signals ▾
Moattop 21%
Fundingtop 26%
Markettop 36%
Techtop 36%
Producttop 41%
AItop 45%
Talentbottom 49%
Fin. healthbottom 48%
Growthbottom 43%
Globalbottom 39%
Newsbottom 27%
Moat: Top 4% by revenue among 334 tracked E-Commerce Enablers companies · Editorial + unicorn rating 8/10
Funding: Raised $253M across 12 rounds · 12 rounds over 11 yrs (1.1/yr)
rank vs industry peers · Fliar Intelligence Index 62/100
$23M
FY2023
$253M15 mo ago+37%272Sachin Agrawal
Co-Founder
—
5IRIS
Provider of regulatory technology and compliance software solutions
$15M
FY2025
—191 mo ago+25%367
367 → 769 (+110%) · sector median +24%
——
6EnKash
Provider of a platform for business spend management and payment solutions
48Moat top 14%Tech top 21%Talent top 22%Funding top 36%
All 10 signals ▾
Moattop 14%
Techtop 21%
Talenttop 22%
Fundingtop 36%
Markettop 38%
Producttop 49%
Newsbottom 37%
Globalbottom 37%
Fin. healthbottom 33%
Growthbottom 19%
Moat: Top 3% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 7/10
Tech: 49 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront
rank vs industry peers · Fliar Intelligence Index 48/100
$9M
FY2025
$24M51 mo ago-75%56Naveen Bindal
Co-Founder
—
7Figment Global Solutions
Tax compliance solutions for businesses
$4M
FY2025
$159K72 mo ago+34%70Himanshu Chordia
Co-Founder & Director
—
8Fintoo
Provider of online financial planning and investment advisory platform
64Growth top 18%Moat top 23%Innovation top 33%Tech top 33%
All 10 signals ▾
Growthtop 18%
Moattop 23%
Innovationtop 33%
Techtop 33%
Talenttop 38%
Fin. healthtop 45%
Producttop 45%
Marketbottom 46%
Fundingbottom 39%
Globalbottom 30%
Growth: Revenue +120% YoY · Fresh capital in last 24 mo
Moat: Top 8% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 64/100
$3M
FY2025
$789K16 mo ago+120%—Suchita Hingar
Co-Founder & Managing Director
—
9Taxsutra
Provider of online tax information, news, rulings, and analysis
40Innovation top 34%Moat top 35%Talent top 38%Product top 43%
All 11 signals ▾
Innovationtop 34%
Moattop 35%
Talenttop 38%
Producttop 43%
Techtop 44%
Fin. healthtop 46%
Growthbottom 48%
Marketbottom 33%
Globalbottom 32%
Fundingbottom 27%
Newsbottom 22%
Innovation: 4 product lines
Moat: Top 20% by revenue among 388 tracked Internet First Media companies · Editorial + unicorn rating 3/10
rank vs industry peers · Fliar Intelligence Index 40/100
$2M
FY2025
$528K113 mo ago+1%9Arun Anant
Co-Founder
—
10Osfin
Software-based platform for reconciliation, invoice processing, and payments solutions
60Growth top 18%Moat top 31%Talent top 35%Funding top 47%
All 8 signals ▾
Growthtop 18%
Moattop 31%
Talenttop 35%
Fundingtop 47%
Techbottom 48%
Marketbottom 44%
Fin. healthbottom 44%
Globalbottom 29%
Growth: Headcount 45 → 81 (+80%) across vintages · Revenue +222% YoY
Moat: Top 11% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 60/100
$2M
FY2025
$10M23 mo ago+222%81
81 → 189 (+133%) · sector median +24%
Shitikanth Kashyap
Co-Founder & CTO
—
11TaxBuddy
Provider of assisted and DIY online tax filing services
$2M
FY2025
$4M48 mo ago—29Brijmohan Lavaniya
Co-Founder
2 partnerships
12Cashflo
Provider of AP automation, payments, compliance, and vendor management software
60Moat top 29%Tech top 33%Growth top 34%Talent top 38%
All 10 signals ▾
Moattop 29%
Techtop 33%
Growthtop 34%
Talenttop 38%
Fundingtop 40%
Markettop 46%
Producttop 49%
Fin. healthbottom 45%
Globalbottom 39%
Newsbottom 32%
Moat: Top 29% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 7/10
Tech: 32 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
rank vs industry peers · Fliar Intelligence Index 60/100
$1M
FY2025
$13M46 mo ago+48%110
110 → 111 (+1%) · sector median +24%
Ankur Bhageria
Co-Founder & CEO
—
13Dice
Provider of spend management and digital commerce platform for enterprises
62Growth top 19%Customers top 22%Moat top 28%Tech top 30%
All 10 signals ▾
Growthtop 19%
Customerstop 22%
Moattop 28%
Techtop 30%
Producttop 36%
Talenttop 38%
Fundingtop 50%
Marketbottom 46%
Fin. healthbottom 39%
Globalbottom 37%
Growth: Headcount 51 → 113 (+122%) across vintages · Revenue +72% YoY
Customers: Play-Store rating 4.50★ across 26,677 ratings (3 apps)
rank vs industry peers · Fliar Intelligence Index 62/100
$1M
FY2025
$7M24 mo ago+72%113
113 → 134 (+19%) · sector median +24%
Prashant Kushwah
Founder & CEO
—
14AGSuite Technologies
Software-based platform for bookkeeping and financial reports
$880K
FY2025
——+36%31
31 → 60 (+94%) · sector median +24%
—1 job opening
15TranZact
Provider of cloud-based software for streamlining manufacturing business processes
64Tech top 28%Talent top 28%Innovation top 33%Growth top 33%
All 10 signals ▾
Techtop 28%
Talenttop 28%
Innovationtop 33%
Growthtop 33%
Moattop 38%
Producttop 40%
Markettop 48%
Fundingtop 48%
Fin. healthbottom 41%
Globalbottom 37%
Tech: 33 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 64/100
$700K
FY2025
$8M55 mo ago+47%63Rohan Sen Sharma
Co-Founder - Technology
—
16Kodo
Intake-to-pay, corporate cards, and accounts payable automation solutions
$643K
FY2025
$9M60 mo ago-15%43
43 → 57 (+33%) · sector median +24%
Gaurav Thapa
Co-Founder & CTO
—
17eMSME
Fintech services provider specializing in registration for small businesses and MSMEs
$567K
FY2025
$618K31 mo ago+29%59
59 → 50 (-15%) · sector median +24%
Ankush Jain
Co-Founder
1 partnership
18Firmway
Online transaction monitoring & reconciliation services for businesses
$458K
FY2025
$66K65 mo ago+54%15——
19TaxGenie
GST e-filing and online invoicing solution for businesses
21Innovation top 34%Moat top 36%Product top 45%Talent bottom 49%
All 10 signals ▾
Innovationtop 34%
Moattop 36%
Producttop 45%
Talentbottom 49%
Fundingbottom 46%
Globalbottom 37%
Techbottom 36%
Marketbottom 35%
Growthbottom 32%
Fin. healthbottom 15%
Innovation: 8 product lines
Moat: Top 30% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 21/100
$340K
FY2025
$2M24 mo ago-35%60Yash Dhuru
Chief Executive Officer
—
20AssetCues
Provider of fixed asset management solutions, including tracking and register services
$333K
FY2022
————Sunny Shah
Co-Founder & COO
—
21Billeasy
Paperless billing & payment tracking platform for businesses
$311K
FY2025
$502K47 mo ago+2651%26Akash Patil
Chief Executive Officer
10 job openings
22Cointab
Provider of automated reconciliation software solutions
$300K
FY2025
$155K86 mo ago-16%30
30 → 20 (-33%) · sector median +24%
Gaurav Bansal
Co-Founder & CTO
—
235 nce
Provider of AI-powered investment and financial advisory services and related products
$292K
FY2025
$7M59 mo ago-39%14Vivek Ghokhale
Co-Founder
—
24ESOPDhan
Cloud-based platform for employee financial benefit solutions
$268K
FY2023
$1M42 mo ago——Nitin Agarwal
Co-Founder
—
25TOPPEQ
Cloud-based workflow management platform for investors and startups
$245K
FY2024
$88K66 mo ago—13——
26Fundflo
Provider of AI-driven financial automation platform for manufacturers and dealers
32Growth top 28%Talent top 38%AI top 45%Moat bottom 49%
All 11 signals ▾
Growthtop 28%
Talenttop 38%
AItop 45%
Moatbottom 49%
Techbottom 46%
Productbottom 45%
Fin. healthbottom 36%
Globalbottom 30%
Fundingbottom 28%
Newsbottom 22%
Marketbottom 20%
Growth: Revenue +91% YoY
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 32/100
$177K
FY2025
$358K47 mo ago+91%2Rajesh Patil
Co-Founder
—
27Kapittx
AI-powered AR software for automation solutions
35Growth top 26%Tech top 38%Talent top 38%AI top 45%
All 11 signals ▾
Growthtop 26%
Techtop 38%
Talenttop 38%
AItop 45%
Productbottom 47%
Innovationbottom 40%
Fin. healthbottom 36%
Globalbottom 32%
Fundingbottom 31%
Moatbottom 22%
Marketbottom 15%
Growth: Revenue +69% YoY
Tech: 48 technologies across 4/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
rank vs industry peers · Fliar Intelligence Index 35/100
$162K
FY2025
$642K48 mo ago+69%13Kumar Karpe
Co-Founder & Chief Executive Officer
1 job opening · 4 launchs
28EZO
Online platform for bill and customer expense management
$120K
FY2025
$111K35 mo ago+155%152Rishikesh Sakarkar
Co-Founder & COO
—
29Bill Cloud
Platform for enterprises to collect bills from customers through offline & online channels
$53K
FY2025
$172K84 mo ago-46%—Kumar Majethia
Managing Director
—

Top 12 Finance & Accounting Tech companies in Maharashtra

#1
Series E · Mumbai, Maharashtra · founded 2015 · 272 employees
$252.6Mraised
▾

Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions. It offers features including digital vendor management, material procurement management, supply chain financing, packaging sourcing, purchase order management, and more. It caters to multiple industries including packaging, textiles, apparel, and more.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Moat
top 21%
Funding
top 26%
Market
top 36%
Tech
top 36%
Product
top 41%
AI
top 45%
Moat: Top 4% by revenue among 334 tracked E-Commerce Enablers companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $253M across 12 rounds · 12 rounds over 11 yrs (1.1/yr) · Last round Series E (Mar 2025)
Market: 272 employees (top 22% of Fintech) · Revenue ~$23.1M · ~1% of tracked E-Commerce Enablers revenue (334 cos, FY2025)
Funding rounds
  • Mar 2025Series E$4.5M
  • Oct 2023Series E$50M
  • Aug 2022Series D$25M
  • Dec 2021Grant (prize money)—
Founders & team
Sachin AgrawalCo-Founder
Investors
Schroders Capital, British International Investment, International Finance Corp, Chiratae Ventures, IFC, B Capital
Tech stack
Amazon SesAmazon Web ServicesClevertapCloudflareCloudflare Bot ManagementCore-Js
#2
Public · Mumbai, Maharashtra · founded 2011 · 401 employees
$2Mraised
▾

Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows. It provides innovative solutions for business spend management, payments, and rewards through automated and streamlined workflows. Its comprehensive platform offers flexible and practical approaches to forward-thinking enterprises, simplifying employee benefits, expenses, allowances, and channel partner incentives. Its suite of products includes prepaid cards, digital rewards, and recognition platforms, serving businesses across various industries.

Fliar Intelligence Index™ 82how this company ranks against its industry peers
Fin. health
top 19%
Partners
top 20%
Tech
top 26%
Moat
top 26%
Growth
top 27%
Market
top 28%
Fin. health: Revenue ~$220M (FY2026) · Net margin 7.2% · Revenue +46% YoY
Partners: 3 partnership announcements in 12 mo (3 in 24 mo) · 25 contract events in 12 mo · Named contractor/client in 25 deals
Tech: 49 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Observability: Microsoft Clarity
Funding rounds
  • Dec 2025Post IPO$1.7M
  • Oct 2025Post IPO$4.5M
  • Dec 2024Post IPO$69.6M
  • Aug 2023Series A$11.8M
Founders & team
Raj NarayanamFounder & Executive ChairmanAvinash GodkhindiCEO & Managing Director
Investors
Ventureast, Mavericks, Vivriti Asset Management, Bengal Finance and Investment, ValueQuest, Vikasa India EIF I Fund
Tech stack
Ant DesignBabelCdnjsCloudflareCore-JsElementor
#3
Series E · Mumbai, Maharashtra · founded 2006 · 84 employees
$55.8Mraised
▾

Provider of B2B payment automation and supply chain finance solutions. The company offers tools for automating vendor payments, managing cash flow, and early payment programs. It provides integrations with back-end systems for payment processing and reporting. The company also offers credit evaluation and analysis for working capital credit.

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Moat
top 20%
Funding
top 28%
Talent
top 33%
Market
top 34%
Fin. health
top 35%
News
top 38%
Moat: Top 1% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $55.8M across 11 rounds · 11 rounds over 20 yrs (0.6/yr) · Last round Series E (Jul 2024)
Talent: 3 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 13k LinkedIn followers — 3.3% of this cohort's audience
Activity (LinkedIn): 2 partnerships (incl. Pharmaniaga Berhad and Mastercard) announced in 12 mo
Funding rounds
  • Jul 2024Series E$2M
  • May 2024Angel$864.4K
  • Feb 2023Series E$2.8M
  • Mar 2022Series E$2.5M
Founders & team
Anupam MukerjiHead of MarketingVishvanathan SubramanianCFO & DirectorAjay AdiseshannFounder & CEO
Investors
Recruit Strategic Partners, Brand Capital, Visa, Mayfair 101, Caress Beauty Care Products, Clarion
Tech stack
AzureBootstrapChart.JsCloudflareCloudflare Bot ManagementFont Awesome
#4
Series A · Pune, Maharashtra · founded 2021 · 81 employees
$9.9Mraised
▾

Software-based platform for reconciliation, invoice processing, and payments solutions. It offers features such as automated reconciliation, invoices management, automated payouts, revenue analytics, automated account receivables and payables, and more. It also offers solutions for ERP and expense approval solutions.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Growth
top 18%
Moat
top 31%
Talent
top 35%
Funding
top 47%
Tech
bottom 48%
Market
bottom 44%
Growth: Headcount 45 → 81 (+80%) across vintages · Revenue +222% YoY · Fresh capital in last 24 mo
Moat: Top 11% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 4/10 · 10 curated direct competitors tracked
Talent: 4 named leaders on record
Audience (LinkedIn): 50k LinkedIn followers — 12.8% of this cohort's audience
Funding rounds
  • Jun 2024Series A$7.9M
  • Jul 2022Seed$2M
Founders & team
Shitikanth KashyapCo-Founder & CTOPavan RathoreCo-FounderVikash GoenkaCo-Founder
Investors
Peak XV Partners, Mitcon Credentia, PointOne Capital, QED Innovation Labs, Info Edge Ventures
Tech stack
CloudflareGoogle AnalyticsGoogle Tag ManagerGoogle WorkspaceHstsHttp/3
#5
Seed · Mumbai, Maharashtra · founded 2004
$789Kraised
▾

Provider of online financial planning and investment advisory platform. They provide personalized financial advice, investment planning, and tax planning solutions to individuals and investors. Users can track their investments based on asset type and scheme allocation, view all transactions, view the current value and invested value of the portfolio, etc. The app also offers reminders on upcoming investment dates.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Growth
top 18%
Moat
top 23%
Innovation
top 33%
Tech
top 33%
Talent
top 38%
Fin. health
top 45%
Growth: Revenue +120% YoY · Fresh capital in last 24 mo
Moat: Top 8% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 4/10
Innovation: 11 product lines
Audience (LinkedIn): 19k LinkedIn followers — 4.9% of this cohort's audience
Funding rounds
  • Jan 2025Angel$28.9K
  • Sep 2023Angel$377.1K
  • Apr 2022Angel$392.8K
  • May 2021Angel$136.6K
Founders & team
Suchita HingarCo-Founder & Managing DirectorManish HingerCo-Founder
Investors
PRNAM
Tech stack
Amazon Web ServicesApache Http ServerAws Certificate ManagerBootstrapCdnjsCloudflare
#6
Acquired · Pune, Maharashtra · founded 2018 · 113 employees
$6.5Mraised
▾

Provider of spend management and digital commerce platform for enterprises. The platform facilitates transaction cycles through workflows, compliance rules, and integration capabilities. It offers procurement, accounts payable, expense, travel, bill payments, and imprest payments solutions. The platform is designed for finance, human resources, procurement, vendor, and information technology teams.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Growth
top 19%
Customers
top 22%
Moat
top 28%
Tech
top 30%
Product
top 36%
Talent
top 38%
Growth: Headcount 51 → 113 (+122%) across vintages · Revenue +72% YoY
Customers: Play-Store rating 4.50★ across 26,677 ratings (3 apps)
Moat: Top 15% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 17k LinkedIn followers — 4.3% of this cohort's audience
Funding rounds
  • Jun 2024Series A$5M
  • Feb 2023Seed$723.9K
  • Jul 2021Angel$510.8K
  • Nov 2020Seed$20.2K
Founders & team
Prashant KushwahFounder & CEOSonam KhubchandaniCo-founder & Chief Revenue Officer
Investors
Vista Business Ventures, LetsVenture, Agility, Anmol Maini Ventures, IIT Mandi Catalyst, Dallas Venture Capital
Tech stack
Amazon CloudfrontAmazon Web ServicesAnimate.CssAosApexcharts.JsApple Icloud Mail
#7
Seed · Mumbai, Maharashtra · founded 2016 · 60 employees
$2Mraised
▾

TaxGenie is a GST e-filing and online invoicing solution for businesses. It allows businesses to upload invoices and file monthly GST taxes by uploading invoice spread-sheet on the platform. It offers GST migration, digital signature certificates, GST registration, and other tax-related services. It also offers a tax intelligence platform to solve GST related issues.

Fliar Intelligence Index™ 21how this company ranks against its industry peers
Innovation
top 34%
Moat
top 36%
Product
top 45%
Talent
bottom 49%
Funding
bottom 46%
Global
bottom 37%
Innovation: 8 product lines
Moat: Top 30% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 4/10
Product: 8 distinct product lines · 1 published app (73 installs) · Company stage: Seed
Funding rounds
  • Jun 2024Seed—
  • Feb 2024Angel$112.7K
  • Jun 2023Angel$24.5K
  • Nov 2022Angel$75.8K
Founders & team
Yash DhuruChief Executive Officer
Investors
GSF, Benchmark Business Point, Benchmark Premises Panvel, Axilor Accelerator, Fundtonic Technology, Veefin
Tech stack
Amazon SesAmazon Web ServicesApache Http ServerBootstrapCdnjsCloudflare
#8
Series B · Mumbai, Maharashtra · founded 2018 · 56 employees
$23.5Mraised
▾

Provider of a platform for business spend management and payment solutions. The platform offers tools for payment collection, vendor payments, expense tracking, and corporate cards. It facilitates expense management across departments, prepaid cards for various uses, and rewards programs. The platform also provides APIs, integrations, workflow management, and analytics for financial operations.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Moat
top 14%
Tech
top 21%
Talent
top 22%
Funding
top 36%
Market
top 38%
Product
top 49%
Moat: Top 3% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 7/10
Tech: 49 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront · Devops: Nginx
Talent: Analyst team rating 5/5 · 3 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 26k LinkedIn followers — 6.7% of this cohort's audience
Funding rounds
  • Mar 2022Series B$20M
  • Apr 2019Series A$3M
  • Oct 2018Seed$500K
Founders & team
Naveen BindalCo-FounderHemant VishnoiCo-FounderYadvendra TyagiCo-Founder
Investors
White Venture Capital, Baring Private Equity Partners, Ascent Capital, Mayfield, Axilor Ventures
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAngularAnimate.CssApple Icloud Mail
#9
Series B · Mumbai, Maharashtra · founded 2019 · 110 employees
$12.8Mraised
▾

Provider of AP automation, payments, compliance, and vendor management software. The platform offers tools for invoice processing, vendor onboarding, payment reconciliation, and regulatory compliance. It features functionalities such as invoice reading, spend analysis, and supply chain financing. The software integrates with various ERP systems to streamline financial operations.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Moat
top 29%
Tech
top 33%
Growth
top 34%
Talent
top 38%
Funding
top 40%
Market
top 46%
Moat: Top 29% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 7/10
Tech: 32 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Sentry
Growth: Headcount 97 → 110 (+13%) across vintages · Revenue +48% YoY · 1 acquisition/expansion move in 24 mo
Audience (LinkedIn): 20k LinkedIn followers — 5.1% of this cohort's audience
Funding rounds
  • Jul 2022Series B$8.8M
  • Sep 2019Series A$4M
Founders & team
Ankur BhageriaCo-Founder & CEODushyant AgarwalCo-Founder
Investors
General Catalyst, Elevation Capital, Atrium Angels, Firebolt Ventures, LetsVenture, GTM Ventures
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAngularApexcharts.JsBootstrap
#10
Series A · Mumbai, Maharashtra · founded 2017 · 63 employees
$8.1Mraised
▾

Provider of cloud-based software for streamlining manufacturing business processes. The software facilitates management of inventory, production planning, sales, and purchasing. It offers features such as stock updates, process tracking, and integration with accounting software. The platform provides tools for generating reports, managing transactions, and creating documents.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Tech
top 28%
Talent
top 28%
Innovation
top 33%
Growth
top 33%
Moat
top 38%
Product
top 40%
Tech: 33 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Innovation: 9 product lines
Funding rounds
  • Nov 2021Series A$7M
  • Dec 2020Seed$135.2K
  • Aug 2019Seed$486.1K
  • Jul 2017Seed$469.4K
Founders & team
Rohan Sen SharmaCo-Founder - TechnologySharad SharmaCo-FounderRitesh KumarCo-Founder & CEO
Investors
Kae Capital, Tribe Capital, Prime Venture Partners, Wellfound, Kearny Jackson LP, Infimomentum Venture
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerCart FunctionalityCloudflare
#11
Seed · Mumbai, Maharashtra · founded 2010 · 14 employees
$6.9Mraised
▾

Provider of AI-powered investment and financial advisory services and related products. The company offers investment options including SIP, lumpsum, tax saving funds, and model portfolios. It provides access to equity, gold funds, debentures, and fixed deposits. Loan products such as personal and home loans are available. Tax solutions and insurance advisory services are also offered. The company utilizes algorithms and data analytics to deliver financial services. The app is available on both Android & iOS devices.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Funding rounds
  • Jul 2021Angel$118K
  • Jan 2021Angel$34.1K
  • Sep 2020Seed$149K
  • Jan 2018Seed$797.6K
Founders & team
Vivek GhokhaleCo-FounderAjay SinghCo-FounderDinesh RohiraCo-Founder & CEO
Investors
Mainspring Fund Services, Aspire Emerging Fund, Roundtable International Holdings, Round Table, IAF Holdings Limited
Tech stack
BootstrapCart FunctionalityCdnjsCloudflareCore-JsD3
#12
Seed · Mumbai, Maharashtra · founded 2019 · 43 employees
$8.9Mraised
▾

Intake-to-pay, corporate cards, and accounts payable automation solutions. The platform streamlines purchasing requests, order approvals, and invoice processing. It offers vendor payment automation and expense management through corporate cards. It provides solutions for spending management, credit cards, virtual cards, payment management like IMPS, NEFT, RTGS, expense management, expense approval, trend analysis, user management, procure-to-pay management, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 53k LinkedIn followers — 13.5% of this cohort's audience
Funding rounds
  • 2021Seed$150K
  • 2021Seed$675K
  • May 2021Seed$8.8M
Founders & team
Gaurav ThapaCo-Founder & CTO
Investors
Y Combinator, Brex, Goat Capital, Pioneer Fund, Leonis Investment, 8i Ventures
Tech stack
CloudflareFramer SitesGoogle AnalyticsGoogle Font ApiHstsHttp/3

Funding & investor landscape

$409.6Mtotal disclosed funding
36companies funded
116disclosed rounds
0rounds last 90 days
Most active investors
Better Capital3 rounds
GSF3 rounds
Village Capital3 rounds
Y Combinator3 rounds
Arali Ventures2 rounds
Axilor Accelerator2 rounds
Brand Capital2 rounds
LetsVenture2 rounds
MGA Ventures2 rounds
Mayfield2 rounds

Notable founders

Sachin Agrawal
Co-Founder · Bizongo
Raj Narayanam
Founder & Executive Chairman · Zaggle
Avinash Godkhindi
CEO & Managing Director · Zaggle
Anupam Mukerji
Head of Marketing · PayMate
Vishvanathan Subramanian
CFO & Director · PayMate
Shitikanth Kashyap
Co-Founder & CTO · Osfin
Pavan Rathore
Co-Founder · Osfin
Suchita Hingar
Co-Founder & Managing Director · Fintoo
Manish Hinger
Co-Founder · Fintoo
Prashant Kushwah
Founder & CEO · Dice
Sonam Khubchandani
Co-founder & Chief Revenue Officer · Dice
Yash Dhuru
Chief Executive Officer · TaxGenie
Prism market signals · India · country-scoped Prism corpus, 816,935 docs

Market landscape — 10 sub-themes by coverage

Share of Finance & Accounting Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · India

How research on Fintech is moving in India

A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,335 India-affiliated papers.

research sentiment over time
201920232026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 51% → 44% across 2019–2026.
top research entities
  • G.S. Science, Arts And Commerce College118
  • Jain University37
  • Amity University37
  • Symbiosis International University34
  • Mangalore University29
leading researchers
Sachin Shankar Jadhav · Divya Soni · Sakshi Thite · Kare, Dipak Nivrutti · Zagade, Sunil · Dr. Rashmi Akshay Yadav · Archana Digvijay Suryavanshi · Abhishek Prajapat
▲ Breakthroughs94 · 7%
▲ 0%→7% share
0 median citations94% since 2021mostly methods-led
Blockchain research surged 1→5 papers as Indian institutions newly tackle scalability and financial inclusion in fintech infrastructure.
rising sub-themes (early→recent)
  • Database transaction1→12
  • Blockchain1→5
Newly emergingFinancial services 0→35 · Scalability 0→11 · Financial inclusion 0→11
Landmark Eagle Strategy Arithmetic Optimisation Algorithm with Optimal Deep Convolutional Forest Based FinTech Application for Hy · 32 cites
◆ Advancements433 · 32%
▲ 0%→33% share
0 median citations97% since 2021mostly empirical
Mobile payment research newly emerged at 83 papers; financial services advancements exploded from 2→223, dominating India's fintech advancement segment.
rising sub-themes (early→recent)
  • Financial services2→223
  • Financial inclusion3→150
  • Financial literacy2→58
  • Government (linguistics)1→43
  • Sustainability2→30
Newly emergingPayment 0→83 · Mobile payment 0→52 · Mobile banking 0→46
Landmark The Impact of Fintech and Digital Financial Services on Financial Inclusion in India · 153 cites
▼ Concerns494 · 37%
▲ 0%→36% share
0 median citations93% since 2021mostly empirical
Financial services concern papers rose 1→264, with digital transformation and financial literacy newly flagged — India's fintech risk focus is intensifying.
rising sub-themes (early→recent)
  • Financial services1→264
  • Financial inclusion2→138
  • Payment1→95
  • Mobile payment1→41
  • Database transaction1→37
Newly emergingGovernment (linguistics) 0→59 · Financial literacy 0→50 · Digital transformation 0→36
Landmark Financial technology: a review of extant literature · 176 cites
RESEARCH HOTSPOTS · India

Where fintech is researched across India

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Delhi-NCR77 · +0.03
Hot · Payment service providerAdvancing · Sustainable developmentOpportunity · PaymentConcern · Financial services
Pune49 · +0.21
Hot · RevenueAdvancing · Financial literacyOpportunity · Mobile paymentConcern · Key (lock)
Chennai25 · +0.41
Hot · Financial servicesAdvancing · Financial inclusionOpportunity · Financial literacy
Bengaluru16 · +0.24
Hot · Retail bankingAdvancing · Financial servicesOpportunity · PaymentConcern · Financial transaction
Hyderabad13 · +0.14
Hot · Banking industryOpportunity · Financial sectorConcern · Financial services
Ahmedabad6 · +0.35
Hot · Financial servicesOpportunity · Financial intermediary
Kolkata5 · +0.36
Hot · Financial servicesOpportunity · Financial inclusion
PATENT SIGNAL · India

Who's filing fintech patents in India

India fintech patent filing is steady — 1 filings from 8 assignees (2022–2022), led by Geeky Technology And Consulting, Polaris Financial Technology, DR Mariappan RAJA; annual filings 1→1.

1 filings8 assigneespeak 1/yr2022–2022
filing momentum (YoY 2022–2022)
top patent filers
  • Geeky Technology And Consulting2
  • Polaris Financial Technology2
  • DR Mariappan RAJA1
  • Sakthivel Santhoshkumar1
  • Dhamotharan Dhanasekar1
  • DR Murugesan Selvam1
  • Muhammed Basid Amnas1
  • DR Balasundram Maniam1

Common questions

How many Finance & Accounting Tech companies are there in Maharashtra, India?
Radar tracks 235 indexable Finance & Accounting Tech companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by Finance & Accounting Tech companies in Maharashtra, India?
The Finance & Accounting Tech companies in Maharashtra, India on this list have raised a combined $409.6M in disclosed equity funding across 36 funded companies.
Which is the highest-funded Finance & Accounting Tech company in Maharashtra, India?
Bizongo is the highest-funded Finance & Accounting Tech company in Maharashtra, India, with $252.6M in disclosed equity funding.
How many Finance & Accounting Tech companies in Maharashtra, India are funded?
36 of the 235 Finance & Accounting Tech companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many Finance & Accounting Tech unicorns are there in Maharashtra, India?
None of the Finance & Accounting Tech companies in Maharashtra, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Maharashtra, India Finance & Accounting Tech companies?
The most active investors in Maharashtra, India Finance & Accounting Tech companies on this list include Better Capital, GSF, Village Capital, Y Combinator, Arali Ventures.
Riya SenguptaFinancials

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.

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