Company lists
The Ahmedabad edition · 2026

FinTechcompanies in Ahmedabad

Investing & trading, accounting & tax, lending, payments, banking & insurance tech and more: the companies building fintech in Ahmedabad, Gujarat, with their founders, funding, team size and business models.

289 company profiles84 with reported revenue23 with recorded fundingSeptember 2026 edition
Ahmedabad · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent fintech business events in Ahmedabad

Funding, M&A, contract wins and launches involving 367 fintech companies in Ahmedabad, last 24 months: 5 funding rounds · 3 M&A deals · 1 Contract. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Mar 2026.

Funding

Lendingkart

Lendingkart is looking to raise Rs 850 crore in fresh equity infusion from existing investors.

Investors Fullerton Financial, Existing investors
FinTech
FundingInstitutional funding

Mantra softech

Mantra Softech, an Indian deep-tech enterprise specializing in identity management, security systems, and computer vision, has raised USD 14 million in its first institutional funding round.

Investors India SME Fund II, Motilal Oswal Principal Investments
FundingInstitutional investment round

Mantra softech

Mantra Softech, an Indian deep-tech company focused on identity management, security systems and computer vision, has raised USD 14 million in its first institutional investment round.

Investors India SME Fund II, Motilal Oswal Principal Investments
Identity Management, Security Systems, Computer Vision
FundingSeries F

Lendingkart

Temasek-owned Fullerton’s newly acquired fintech firm Lendingkart is set to raise Rs 850 crore (about $100 million) in its Series F round. This will be the company’s first significant…

Investors Fullerton Financial, Bertelsmann Nederland
Fintech
ContractTechnology

Fingerprint cards · client: Mantra softech

A $2.5 million licensing deal with Egis Technology for PC biometrics in August was the third of the year for FPC, following deals with Mantra Softech for civil identification and one…

Civil identification
Funding

Ignosis

Ignosis, a startup focused on Account Aggregator (AA) and financial data intelligence, has raised $4 million in a funding round led by Peak XV Partners’ Surge programme.

Investors Peak XV Partners’ Surge programme, Force Ventures, Razorpay Ventures, Cred founder Kunal Shah
M&AAcquisition

Fullerton acquires Lendingkart

Lendingkart sold a majority stake to existing backer Fullerton, part of Temasek.

M&AAcquisition · Completed

Monarch networth capital acquires Metropolitan Stock Exchange of India Limited

Monarch Networth Capital Limited (MNCL) has successfully completed a significant acquisition in the Metropolitan Stock Exchange of India Limited (MSEI)... The company has purchased a…

Financial Services
M&AAcquisition

Temasek’s Fullerton acquires Lendingkart

Temasek’s Fullerton recently acquired the troubled fintech firm Lendingkart in a distress sale.

FinTech companies in Ahmedabad, by revenue

Browse fintech companies in Ahmedabad 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 84 fintech companies in Ahmedabad, Gujarat 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

App-based online trading platform for gold & silver trading for individuals

Investment tech
₹25,683.00 crFY 2024-25
-6%2024–2025
36+29% 12 mo to Mar 2023recorded Mar 2023
38 yr1988
0none in 3 months

Provider of an pp-based trading and exchange platform for cryptocurrency

Cryptocurrencies
US$364.48mDec 2023
Not reported
198LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Jun 2026

Provider of unsecured business loans and working capital financing to MSMEs

Alternative lending
₹898.19 crFY 2024-25
Not reported
1,467+22% 12 mo to Jul 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Jun 2026

Biometrics-based security and surveillance solutions

Regtech
₹429.12 crFY 2024-25
+12%2024–2025
1,156+17% 12 mo to Jul 2024recorded Jul 2024
20 yr2006
0none in 3 months

Trading platform focused on capital market assets

Investment tech
₹327.97 crFY 2024-25
+18%2024–2025
561+0% 12 mo to Jun 2024LinkedIn · Jul 2026
33 yr1993
13postings · last posted Sep 2026

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

Portfolio management platform for individuals

Investment tech
₹219.81 crFY 2022-23
Not reported
269+0% 12 mo to Nov 2023LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Apr 2022

Online platform offering a range of fixed-income investment options and associated services

Investment tech
₹198.47 crFY 2024-25
-7%2024–2025
36+300% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Online platform offering business information and corporate data insights

Data as a service
₹191.70 crFY 2024-25
Not reported
31LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Agent-based payment solutions

Payments
₹154.25 crFY 2024-25
-11%2024–2025
1LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Cryptocurrency investment and trading platform

Cryptocurrencies
₹98.18 crFY 2024-25
+87%2024–2025
—Not available
23 yr2003
0none in 3 months

Wealth management software product company

Investment tech
₹74.09 crFY 2024-25
+32%2024–2025
55+17% 12 mo to Mar 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Online platform for investments in stocks

Investment tech
₹72.97 crFY 2024-25
Not reported
595-94% 12 mo to Jun 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Alternative investment platform focused on gold & bullion assets

Investment tech
₹69.70 crFY 2024-25
-96%2024–2025
—Not available
12 yr2014
0none in 3 months

Provider of AI-powered SaaS platform for automated credit risk assessment and decisioning

Banking tech
₹67.19 crFY 2024-25
+50%2024–2025
173LinkedIn · Jul 2026
11 yr2015
15postings · last posted Sep 2026

Digital platform offering recharge services for mobile, DTH, postpaid, and landline connections

Payments
₹62.14 crFY 2024-25
+63%2024–2025
—Not available
18 yr2008
0none in 3 months

Provider of MSME business loan consultancy and financial services

Marketing services
₹39.69 crFY 2023-24
+126%2023–2024
482+388% 12 mo to Aug 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

POS-based payment solution provider

Payments
₹40.45 crFY 2024-25
+88%2024–2025
220+49% 12 mo to Jan 2022LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Finance and Accounting Management for NGO's

Finance & accounting tech
₹35.08 crFY 2024-25
Not reported
79LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Financial planning &advisory platform

Investment tech
₹24.32 crFY 2022-23
Not reported
33+32% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Financial services company that acts as a distributor for mutual funds and offers wealth management services

Investment tech
₹25.07 crFY 2024-25
-20%2024–2025
105LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Cloud based provider of private market datasets

Data as a service
₹22.49 crFY 2024-25
+678%2024–2025
11LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of financial planning and investment advisory services

Investment tech
₹17.70 crFY 2024-25
-55%2024–2025
2LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Platform providing insights on stock investments through stories

Internet first media
₹15.84 crFY 2022-23
Not reported
606+127% 12 mo to Sep 2024recorded Sep 2024
8 yr2018
0none in 3 months

Platform offering education planning, investment options, loans, and immigration services

Investment tech
₹16.29 crFY 2024-25
Not reported
60-10% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months
50 of 289 companies shown here · the full list is on Radar
Fliar Radar

Explore all 289 fintech companies in Ahmedabad on Radar

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

Open fintech in Ahmedabad on Radar
  • Every company, not just 50All 289 fintech companies in Ahmedabad, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore fintech companies in Ahmedabad by what you are looking for

Browse top fintech companies in Ahmedabad, from trading and investment platforms to lending and payments. You can also find fintech startups in Ahmedabad and fintech companies that are hiring.

9 ways to explore fintech in Ahmedabad

Investment, trading & wealth management platformsAccounting, invoicing & tax software companiesOnline lending & loan companiesPayment & recharge companiesBanking & insurance technology companiesCryptocurrency & blockchain companies

Investment, trading & wealth management platforms

Online trading, mutual fund, broking and wealth management platforms.

  1. Amrapali Spot

    App-based online trading platform for gold & silver trading for individuals

    Investment tech
    See in list
  2. Monarch Networth Capital

    Trading platform focused on capital market assets

    Investment tech
    See in list
  3. KIFS Trade Capital

    Portfolio management platform for individuals

    Investment tech
    See in list
  4. TheFixedIncome

    Online platform offering a range of fixed-income investment options and associated services

    Investment tech
    See in list
  5. Applied Software

    Wealth management software product company

    Investment tech
    See in list

Accounting, invoicing & tax software companies

Accounting, bookkeeping, GST and tax filing software.

  1. Cygnet One

    Accounting and financial management software

    Finance & accounting tech
    See in list
  2. Virmati Group

    Finance and Accounting Management for NGO's

    Finance & accounting tech
    See in list
  3. NaapBooks

    Developer of Fintech applications and software solutions

    Finance & accounting tech
    See in list
  4. Microvista Technologies

    GST Return Filing Software

    Finance & accounting tech
    See in list
  5. ZipBooks

    Cloud Based accounting software for small businesses

    Finance & accounting tech
    See in list
72 companies in Ahmedabad

Online lending & loan companies

Digital lenders and loan marketplaces for consumers and businesses.

  1. Lendingkart

    Provider of unsecured business loans and working capital financing to MSMEs

    Alternative lending
    See in list
  2. Egniol

    Provider of MSME business loan consultancy and financial services

    Marketing services
    See in list
  3. Lenditt

    Online platform for personal loans

    Alternative lending
    See in list
  4. tmfinance

    Online platform for consumer and business loans

    Consumer and sme loans
    See in list
  5. CredIn

    Fintech company focused on providing financial solutions to unbanked and underbanked customers in rural and semi-urban areas

    Alternative lending
    See in list

Payment & recharge companies

Payment processing, bill payment and recharge platforms.

  1. Specific Step

    Agent-based payment solutions

    Payments
    See in list
  2. Nirmal Recharge

    Digital platform offering recharge services for mobile, DTH, postpaid, and landline connections

    Payments
    See in list
  3. Easy Pay

    POS-based payment solution provider

    Payments
    See in list
  4. Digipay

    Payment processing solutions

    Payments
    See in list
  5. SVMobi

    Provider of mobile advertising services

    Marketing services
    Website

Banking & insurance technology companies

Core banking, credit risk and insurance technology providers.

  1. Ignosis

    Provider of account aggregator infrastructure and AI-driven financial data

    Banking tech
    See in list
  2. awaaz.ai

    Provider of multilingual voice AI agents for customer service

    Customer service software
    See in list
  3. WIMWIsure

    AI-based P&C insurance claims processing platform for insurers

    Insurance it
    Website
  4. Sens-ie

    Data and monitoring solution for insurers

    Supply chain services
    Website
  5. Cygnet Account Aggregation

    Online platform offering account aggregation solutions for financial institutions

    Banking tech
    Website

Cryptocurrency & blockchain companies

Crypto exchanges, blockchain infrastructure and DeFi platforms.

  1. Lemma

    DeFi protocol that allows users to earn yield on deposits

    Cryptocurrencies
    Website
  2. Stable Pay

    Blockchain-powered digital money transfer platforms

    Cryptocurrencies
    Website
  3. PurpleX

    Blockchain-based platform focused on enabling seamless crypto-to-fiat transactions

    Cryptocurrencies
    Website
  4. Solster

    Decentralized platform for crypto staking

    Cryptocurrencies
    Website
  5. Mantra

    NFT lending marketplace

    Non fungible tokens
    Website

KYC, regtech & cybersecurity companies

Identity verification, KYC, biometrics and compliance technology.

  1. Mantra Softech

    Biometrics-based security and surveillance solutions

    Regtech
    See in list
  2. Sentropi

    Online identity theft and financial fraud detection and prevention solutions

    Cybersecurity
    Website
  3. Prudent Connect

    Wealth management solutions

    Investment tech
    Website
  4. MageID

    Video-based KYC solutions for multiple sectors

    Regtech
    Website
  5. ekychub

    Digital platform offering KYC verification and identity assurance

    Cybersecurity
    Website

Fintech startups in Ahmedabad

Newer fintech companies founded in recent years.

  1. ClearDu

    Debt recovery company offering collection and recovery solutions

    Banking tech
    See in list
  2. Ignosis

    Provider of account aggregator infrastructure and AI-driven financial data

    Banking tech
    See in list
  3. TechnoFunda Ventures

    Provider of equity research services to investors

    Investment tech
    See in list
  4. SRHFT

    Trading software development platform

    Investment tech
    See in list
  5. FinArray Wealth

    Provider of centralized investment management and portfolio optimization services

    Investment tech
    Website
91 companies in Ahmedabad

Fintech companies hiring in Ahmedabad

Fintech companies with open jobs right now.

  1. ZebPay

    Provider of an pp-based trading and exchange platform for cryptocurrency

    Cryptocurrencies
    See in list
  2. Lendingkart

    Provider of unsecured business loans and working capital financing to MSMEs

    Alternative lending
    See in list
  3. Monarch Networth Capital

    Trading platform focused on capital market assets

    Investment tech
    See in list
  4. Cygnet One

    Accounting and financial management software

    Finance & accounting tech
    See in list
  5. KIFS Trade Capital

    Portfolio management platform for individuals

    Investment tech
    See in list
24 companies in Ahmedabad
Mobile reach

Top 10 fintech apps from Ahmedabad

The most-installed Android apps published by fintech companies headquartered in Ahmedabad — 22.6M installs between them. 80 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

ZebPay: Bitcoin & Crypto App

by ZebPay

Installs8.9M
Rating3.38129K ratings
Installs, year on year+8%
Last updatedMay 2026
View on Google Play ↗
ZebPay: Bitcoin & Crypto App screenshot 1ZebPay: Bitcoin & Crypto App screenshot 2ZebPay: Bitcoin & Crypto App screenshot 3ZebPay: Bitcoin & Crypto App screenshot 4ZebPay: Bitcoin & Crypto App screenshot 5ZebPay: Bitcoin & Crypto App screenshot 6
2

Easy Pay-Payment & Investment

by Easy Pay

Installs4.9M
Rating3.6726K ratings
Installs, year on year+6%
Last updatedMay 2026
View on Google Play ↗
Easy Pay-Payment & Investment screenshot 1Easy Pay-Payment & Investment screenshot 2Easy Pay-Payment & Investment screenshot 3Easy Pay-Payment & Investment screenshot 4Easy Pay-Payment & Investment screenshot 5
3

Lenditt: Personal Loan App

by Lenditt

Installs3.1M
Rating—
Installs, year on year+47%
Last updatedJun 2026
View on Google Play ↗
Lenditt: Personal Loan App screenshot 1Lenditt: Personal Loan App screenshot 2Lenditt: Personal Loan App screenshot 3Lenditt: Personal Loan App screenshot 4Lenditt: Personal Loan App screenshot 5Lenditt: Personal Loan App screenshot 6
4

Lendingkart: Business Loan App

by Lendingkart

Installs2.5M
Rating—
Installs, year on year+13%
Last updatedMar 2026
View on Google Play ↗
Lendingkart: Business Loan App screenshot 1Lendingkart: Business Loan App screenshot 2Lendingkart: Business Loan App screenshot 3Lendingkart: Business Loan App screenshot 4Lendingkart: Business Loan App screenshot 5Lendingkart: Business Loan App screenshot 6
5

FundzBazar

by Fundzbazar

Installs1.3M
Rating4.2919K ratings
Installs, year on year+29%
Last updatedMay 2026
View on Google Play ↗
FundzBazar screenshot 1FundzBazar screenshot 2FundzBazar screenshot 3FundzBazar screenshot 4FundzBazar screenshot 5FundzBazar screenshot 6
6

EduFund - Mutual Funds & SIP

by EduFund

Installs483K
Rating—
Installs, year on year+2%
Last updatedMay 2026
View on Google Play ↗
EduFund - Mutual Funds & SIP screenshot 1EduFund - Mutual Funds & SIP screenshot 2EduFund - Mutual Funds & SIP screenshot 3EduFund - Mutual Funds & SIP screenshot 4EduFund - Mutual Funds & SIP screenshot 5EduFund - Mutual Funds & SIP screenshot 6
7

Customer WIMWIsure

by WIMWIsure

Installs407K
Rating—
Last updatedApr 2025
View on Google Play ↗
Customer WIMWIsure screenshot 1Customer WIMWIsure screenshot 2
9

Zybra GST Billing & Accounting

by Zybra

Installs280K
Rating3.56841 ratings
Installs, year on year+11%
Last updatedMay 2026
View on Google Play ↗
Zybra GST Billing & Accounting screenshot 1Zybra GST Billing & Accounting screenshot 2Zybra GST Billing & Accounting screenshot 3Zybra GST Billing & Accounting screenshot 4Zybra GST Billing & Accounting screenshot 5Zybra GST Billing & Accounting screenshot 6
The business behind the activity

FinTech financials in Ahmedabad

Revenue, profit and growth from the filed annual accounts of 82 fintech companies in Ahmedabad, Gujarat for FY24-25 — 91 of the 289 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 95% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹28,198.29 cr

82 companies filing accounts

combined net profit₹22.41 cr

0.1% aggregate margin

are profitable67%

55 of 82 companies

median revenue~₹2.9 cr

the typical company

median revenue growth+18%

into FY24-25

earned by the top five95%

revenue concentration

Six-year view

Combined revenue of filing companies

₹14,872.89 crFY19-2051 filers
₹23,833.01 crFY20-2156 filers
₹32,608.41 crFY21-2267 filers
₹32,238.08 crFY22-2379 filers
₹31,324.29 crFY23-2483 filers
₹28,198.29 crFY24-2582 filers

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

Like-for-like

The same 72 companies over three years

-13%
FY22-23₹32,218.27 cr₹284.43 cr net
FY23-24₹31,268.09 cr₹487.65 cr net
FY24-25₹28,189.18 cr₹24.53 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 cr2446% profitable
₹1–10 cr3272% profitable
₹10–100 cr1878% profitable
₹100–1,000 cr786% 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

Shrinking25
0–20%16
20–50%12
50–100%8
Doubled+17

78 companies with accounts for both years; median growth +18%.

Profitability

Profit is concentrated at the top

55profitable
27loss-making
0.1%aggregate margin
1.5%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
Yashasvi FinvestYASHASVI FINVEST PRIVATE LIMITED₹298.05 cr
Finanvo.inFINANVO SOLUTIONS PRIVATE LIMITED+678%₹22.49 cr
ClearDuCLEARDU FINTECH PRIVATE LIMITED
IgnosisIGNOSI SYSTEMS PRIVATE LIMITED
TechnowireTechnowire Data Science Limited+151%₹169.52 cr
Nirmal RechargeNIRMAL INFOLINE PRIVATE LIMITED+63%₹62.14 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Applied SoftwareApplied Software Private Limited45.9%₹74.09 cr
Monarch Networth CapitalMonarch Networth Capital Limited44.6%₹322.96 cr
NaapBooksNAAPBOOKS LIMITED
FinwaveAIRAN FINSTOCKS PRIVATE LIMITED
Mantra SoftechMANTRA SOFTECH (INDIA) PRIVATE LIMITED16.3%₹423.77 cr
GoldmineGOLDMINE STOCKS PVT LTD
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Investment tech37₹27,067.74 cr~₹4.1 cr78%0.5%
Payments5₹221.55 cr~₹4.2 cr60%-0.2%
Banking tech5₹99.83 cr~₹10.5 cr40%-30.5%
Alternative lending7₹90.61 cr~₹1.8 cr43%-181.5%
Finance & accounting tech14₹82.50 cr~₹2.3 cr57%6.4%
Leaders

Largest fintech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Amrapali SpotAMRAPALI INDUSTRIES LIMITED₹25,682.97 cr₹1.65 cr0.0%-6%
Mantra SoftechMANTRA SOFTECH (INDIA) PRIVATE LIMITED₹423.77 cr₹68.98 cr16.3%+11%
Monarch Networth CapitalMonarch Networth Capital Limited₹322.96 cr₹143.95 cr44.6%+19%
Yashasvi FinvestYASHASVI FINVEST PRIVATE LIMITED₹298.05 cr₹3.29 cr1.1%
TheFixedIncomeTECHWEALTH CAPITAL SERVICES PRIVATE LIMITED₹198.47 cr₹1.54 cr0.8%-7%
KIFS Trade CapitalKIFS TRADE CAPITAL PRIVATE LIMITED₹183.57 cr₹24.16 cr13.2%-59%
TechnowireTechnowire Data Science Limited₹169.52 cr₹9.03 cr5.3%+151%
Specific StepSRI SAMARTH UTILITY SERVICES PRIVATE LIMITED₹154.25 cr−₹19.39 lakh-0.1%-11%
Applied SoftwareApplied Software Private Limited₹74.09 cr₹34.01 cr45.9%+32%
JunomonetaJunomoneta Finsol Private Limited₹72.97 cr−₹89.84 cr-123.1%-64%
Some figures are available to Radar members.Log in to Radar to see every figure

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

Fintech Industry Landscape of India

The financials above are one chapter. The full fintech landscape of Ahmedabad 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 fintech landscape of Ahmedabad
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

FinTech funding and M&A across India

4,557 recorded equity rounds have gone to 14,968 fintech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Ahmedabad compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months120

US$1.27bn

equity rounds, last 24 months412

US$3.27bn

raised over five yearsUS$19.15bn

2,304 rounds in India

M&A deals, Ahmedabad3

last 24 months

Capital by year

Equity funding into fintech in India

amount rounds
$1.7bn2018319
$3.3bn2019387
$2.2bn2020384
$7.2bn2021621
$4.5bn2022610
$2.4bn2023371
$2.2bn2024362
$2.1bn2025276
$751m202664

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$7.17bn across 621 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$107.60m335 rounds · median US$123k
SeedUS$1.55bn1,218 rounds · median US$657k
Series AUS$3.10bn337 rounds · median US$5.00m
Series BUS$2.74bn173 rounds · median US$10.00m
Series CUS$3.58bn89 rounds · median US$30.00m
Series D+US$8.05bn149 rounds · median US$20.00m
Where the money went · five years

Most-funded sub-sectors

PaymentsUS$4.90bn273 rounds · 124 companies
Alternative lendingUS$4.87bn515 rounds · 228 companies
Investment techUS$2.37bn555 rounds · 256 companies
Banking techUS$1.21bn197 rounds · 106 companies
Internet first insurance platformsUS$1.06bn67 rounds · 32 companies
CryptocurrenciesUS$669.89m65 rounds · 46 companies
Auto e-commerce & contentUS$451.63m28 rounds · 10 companies
Corporate activity · last 24 months

M&A in Ahmedabad

3Acquisition

Most active acquirers

  1. Fullerton1
  2. Monarch networth capital1
  3. Temasek’s Fullerton1

Most acquired or merged

  1. Lendingkart2
  2. Metropolitan Stock Exchange of India Limited1

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

FinTech funding in Ahmedabad

23 fintech companies in Ahmedabad have recorded equity funding, US$328.67m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Ahmedabad

Meet the people behind fintech companies in Ahmedabad. 152 of 289 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Ahmedabad fintech companies by sub-sector

The most common specialisations among fintech companies in Ahmedabad. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring fintech in India and nearby markets.

Coming soon