Radar · FinTech in India
Best FinTech Companies in India
The 7838 best FinTech companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Paytm.
By Riya SenguptaFinancials
7838companies tracked
$33.4Bdisclosed funding
33unicorns
1617have raised
India’s FinTech sector has a funding story to tell, and this directory tracks 7,838 companies that have told it, ranked by disclosed equity funding and recent momentum. Total disclosed funding across the cohort stands at $33.4B, with 33 unicorns in the mix. It is an extremely dense and competitive space. The global Fintech market is expected to grow from $113.4 billion in 2025 to $461.6 billion by 2034, at 17.21% CAGR. India is clearly grabbing disproportionate share of that trajectory. Cred leads our directory with $866M raised, followed by Weaver ($326M), BlackSoil ($298M) and BharatPe ($604M). Digital financial platforms that nail user trust tend to compound their lead fast.
As we saw in our 2017 research, the same holds true here.The hot themes right now are next-gen banking platforms and cloud-based banking infrastructure. Y Combinator, QED Innovation Labs and AngelList are among the most active investors. Indian fintechs are even pushing AI providers for early model access, which tells you something about how aggressively the sector is moving this quarter. Stringent regulatory constraints remain structural constraint, but they’re also filtering for the companies who can actually scale.
Sources & further reading
- Fintech unicorn Moneyview files DRHP with SEBI for Rs 1,500 crore IPO
- Fintech market size share analysis and forecasts
- Biometric remote mobile payments will total $1.2t by 2027, study shows
Sector wealth & growth · validated company filings
$198,278median revenue
+18%median YoY growth
$93.9Bcombined revenue pool
4,820companies reporting
Biggest earners Axis Bank Limited ($16.6B, +30% YoY), Augmont Enterprises Limited ($7.7B, +90% YoY), Mmtc - Pamp India Private Limited ($4.3B, -2% YoY), Anant Wealth Consultants Private Limited ($3.4B)
FLIAR INTELLIGENCE · FINTECH × INDIA
Our analysis of 218 FinTech companies
$22.0b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.
218companies analysed
91%cloud-native stacks
2022funding peak (by rounds)
16unicorns
2017median founding year
6.3Mcombined LinkedIn audience
36%of audience held by top 3
12companies hiring publicly (12 mo)
Ranked: Best FinTech companies in India
| # | Company | Revenue | Revenue YoY | Disclosed funding | Founder | Employees | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Groww 🦄 Provider of an online platform for investments and trading services 94Customers top 10%Tech top 12%Funding top 17%Moat top 17% All 12 signals ▾Customerstop 10% Techtop 12% Fundingtop 17% Moattop 17% Markettop 19% Innovationtop 22% Newstop 22% Fin. healthtop 22% Producttop 27% Growthtop 29% Talenttop 44% Globaltop 50% Customers: Play-Store rating 4.94★ across 2,271,539 ratings (2 apps) · Review volume +16% in 6 mo Tech: 54 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 94/100 | $480M FY2025 | +45% | $393M | Lalit Keshre Co-Founder & CEO | 266 | SentryApple iCloud MailTypeScript+22 | — |
| 2 | ACKO 🦄 Provider of car, bike, health, life, and travel insurance policies 89News top 14%Customers top 14%Funding top 17%Moat top 17% All 12 signals ▾Newstop 14% Customerstop 14% Fundingtop 17% Moattop 17% Markettop 19% Talenttop 20% Techtop 21% Innovationtop 35% Growthtop 35% Fin. healthtop 39% Producttop 43% Globalbottom 39% News: 14 BI events in 12 mo (of 120 tracked, 14 types) · +75% YoY Customers: Play-Store rating 4.55★ across 379,636 ratings (1 apps) · Review volume +18% in 6 mo rank vs industry peers · Fliar Intelligence Index 89/100 | $342M FY2025 | +34% | $598M | Ruchi Deepak Co-Founder | 1,209 1,209 → 1,750 (+45%) · sector median +33% | ContentfulApple iCloud MailGoogle Workspace+24 | — |
| 3 | Navi 🦄 Provider of financial products including UPI, loans, insurance, and mutual funds 78Customers top 10%Moat top 17%Innovation top 20%Market top 21% All 12 signals ▾Customerstop 10% Moattop 17% Innovationtop 20% Markettop 21% Fundingtop 21% Techtop 29% Producttop 37% Talenttop 38% Newstop 45% Fin. healthbottom 49% Growthbottom 40% Globalbottom 32% Customers: Play-Store rating 4.47★ across 5,633,904 ratings (1 apps) · Marquee-customer mentions: top 17% of tracked companies Moat: Top 1% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 78/100 | $318M FY2025 | -4% | $427M | Ankit Agarwal Co-Founder & CFO | 698 | TypeScriptBootstrapAmazon Web Services+20 | 1 job opening · 2 awards |
| 4 | CRED 🦄 Fintech platform that rewards users for paying credit card bills on time 92Customers top 9%Funding top 15%Tech top 15%Fin. health top 16% All 13 signals ▾Customerstop 9% Fundingtop 15% Techtop 15% Fin. healthtop 16% Markettop 17% Moattop 17% Innovationtop 20% Producttop 26% Partnerstop 33% Talenttop 44% Growthtop 47% Newstop 47% Globalbottom 39% Customers: Play-Store rating 4.75★ across 2,962,978 ratings (2 apps) · Review volume +13% in 6 mo Funding: Raised $866M across 12 rounds · 12 rounds over 8 yrs (1.5/yr) rank vs industry peers · Fliar Intelligence Index 92/100 | $299M FY2024 | +67% | $866M | Kunal Shah Founder & CEO | 915 915 → 2,280 (+149%) · sector median +33% | MediumApple iCloud MailGoogle Workspace+23 | — |
| 5 | Moneyview 🦄 Provider of loans, credit cards, gold investment, insurance, and UPI 90Fin. health top 17%Moat top 17%Market top 18%Funding top 18% All 9 signals ▾Fin. healthtop 17% Moattop 17% Markettop 18% Fundingtop 18% Growthtop 27% Talenttop 34% Techtop 38% Globalbottom 39% Newsbottom 32% Fin. health: Revenue ~$281M (FY2023) · Net margin 9.2% Moat: Top 1% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 9/10 rank vs industry peers · Fliar Intelligence Index 90/100 | $281M FY2025 | +71% | $220M | Puneet Agarwal Co-Founder & CEO | 582 582 → 1,248 (+114%) · sector median +33% | Node.jsMUIReact+18 | 1 award |
| 6 | Avanse Financial Services 🦄 Provider of financial services for education including loans and refinancing 80Funding top 20%Market top 23%Moat top 23%Fin. health top 26% All 10 signals ▾Fundingtop 20% Markettop 23% Moattop 23% Fin. healthtop 26% Techtop 36% Newstop 36% Growthtop 40% Producttop 42% Talentbottom 49% Globalbottom 39% Funding: Raised $299M across 15 rounds · 15 rounds over 20 yrs (0.8/yr) Market: 736 employees (top 11% of Fintech) · Revenue ~$278M rank vs industry peers · Fliar Intelligence Index 80/100 | $278M FY2025 | — | $299M | Amit Gainda MD & CEO at Avanse Financial Services | 736 736 → 1,296 (+76%) · sector median +33% | Animate.cssBootstrapAmazon Web Services+21 | 1 award |
| 7 | OneCard 🦄 Provider of metal credit cards with a mobile application interface 80Customers top 13%Funding top 17%Moat top 17%Market top 20% All 11 signals ▾Customerstop 13% Fundingtop 17% Moattop 17% Markettop 20% Talenttop 23% Producttop 36% Fin. healthtop 40% Growthtop 44% Techbottom 45% Globalbottom 39% Newsbottom 21% Customers: Play-Store rating 4.61★ across 610,947 ratings (1 apps) · Review volume +14% in 6 mo Funding: Raised $234M across 10 rounds · 10 rounds over 7 yrs (1.4/yr) rank vs industry peers · Fliar Intelligence Index 80/100 | $226M FY2025 | +30% | $234M | Anurag Sinha Co-Founder & CEO | 997 | Amazon WebstoreAmazon Web ServicesCloudflare+16 | — |
| 8 | InCred 🦄 Provider of financial services specializing in personal, education, and business loans 91Funding top 17%Moat top 17%Fin. health top 20%Market top 22% All 9 signals ▾Fundingtop 17% Moattop 17% Fin. healthtop 20% Markettop 22% Talenttop 22% Techtop 27% Growthtop 33% Globalbottom 39% Newsbottom 37% Funding: Raised $318M across 13 rounds · 13 rounds over 9 yrs (1.4/yr) Moat: Top 1% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 9/10 rank vs industry peers · Fliar Intelligence Index 91/100 | $223M FY2025 | +46% | $318M | Bhupinder Singh Founder & Co-CEO | 2,127 | Apple iCloud MailGoogle WorkspaceRadix UI+16 | — |
| 9 | BharatPe 🦄 Provider of payment solutions, lending, and investment opportunities for businesses 84Funding top 15%Customers top 15%Moat top 17%Talent top 20% All 12 signals ▾Fundingtop 15% Customerstop 15% Moattop 17% Talenttop 20% Markettop 23% Innovationtop 27% Producttop 28% Newstop 29% Techtop 33% Fin. healthtop 38% Growthtop 47% Globalbottom 39% Funding: Raised $604M across 17 rounds · 17 rounds over 8 yrs (2.1/yr) Customers: Play-Store rating 4.25★ across 969,899 ratings (1 apps) · Review volume +59% in 6 mo rank vs industry peers · Fliar Intelligence Index 84/100 | $205M FY2025 | +17% | $604M | Shashvat Nakrani Co-Founder & COO | 898 | WordPressApple iCloud MailGoogle Workspace+29 | 2 awards |
| 10 | Square Yards Provider of integrated technology-driven real estate solutions for buying, selling and renting properties 89Market top 20%Moat top 20%Customers top 24%Funding top 25% All 12 signals ▾Markettop 20% Moattop 20% Customerstop 24% Fundingtop 25% Talenttop 25% Techtop 26% Fin. healthtop 30% Newstop 33% Innovationtop 36% Growthtop 36% Globaltop 42% Producttop 42% Market: 3,396 employees (top 2% of FinTech) · Revenue ~$168M Moat: Top 1% by revenue among 209 tracked Residential Real Estate Tech companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 89/100 | $168M FY2025 | +41% | $61M | Amit Singh Co-Founder | 3,396 | Node.jsRadix UITailwind CSS+17 | — |
| 11 | Fibe Provider of personal loans, credit lines, and financial wellness solutions 83Funding top 18%Moat top 20%Fin. health top 21%Tech top 23% All 11 signals ▾Fundingtop 18% Moattop 20% Fin. healthtop 21% Techtop 23% Newstop 25% Growthtop 26% Markettop 28% Producttop 38% Talenttop 38% Innovationbottom 46% Globalbottom 39% Funding: Raised $252M across 12 rounds · 12 rounds over 11 yrs (1.1/yr) Moat: Top 2% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 83/100 | $150M FY2025 | +51% | $252M | Ashish Goyal Co-Founder & CFO | 153 | Node.jsMUIBootstrap+22 | 2 partnerships |
| 12 | Xoxoday Provider of rewards and loyalty platform that enables businesses to run employee engagement, customer… 74Tech top 18%Talent top 25%Funding top 30%Product top 32% All 12 signals ▾Techtop 18% Talenttop 25% Fundingtop 30% Producttop 32% Innovationtop 33% Fin. healthtop 33% Newstop 36% Markettop 46% Globaltop 46% Moattop 49% Customersbottom 49% Growthbottom 47% Tech: 82 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services Talent: Analyst team rating 4/5 · 5 named leaders on record rank vs industry peers · Fliar Intelligence Index 74/100 | $118M FY2025 | +12% | $31M | Abhimanyu Choudhary Co-Founder | 269 | WebflowGhostNode.js+29 | — |
| 13 | True Balance Provider of personal loans and prepaid payment instruments via mobile wallet 82Funding top 20%Moat top 20%Fin. health top 29%Market top 30% All 9 signals ▾Fundingtop 20% Moattop 20% Fin. healthtop 29% Markettop 30% Techtop 30% Talenttop 38% Growthtop 39% Globalbottom 45% Newsbottom 38% Funding: Raised $90.0M across 11 rounds · 11 rounds over 11 yrs (1.0/yr) Moat: Top 2% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 82/100 | $108M FY2025 | +40% | $90M | Jay Chaeyong Yi Co-Founder & CPO | 132 132 → 174 (+32%) · sector median +33% | WordPress Block EditorElementorWordPress+23 | 1 partnership · 1 expansion |
| 14 | Branch Provider of digital financial services including loans, transfers, payments, and investments 93Growth top 13%Fin. health top 18%Moat top 21%Funding top 23% All 7 signals ▾Growthtop 13% Fin. healthtop 18% Moattop 21% Fundingtop 23% Markettop 25% Talenttop 28% Globalbottom 45% Growth: Headcount 129 → 204 (+58%) across vintages · Revenue +137% YoY Fin. health: Revenue ~$98.4M (FY2021) · Net margin 13.3% rank vs industry peers · Fliar Intelligence Index 93/100 | $98M FY2025 | +137% | $105M | Random Bares Co-Founder | 204 204 → 450 (+121%) · sector median +33% | — | 1 job opening · 1 partnership |
| 15 | Servify AI powered product lifecycle management platform 76Funding top 19%Moat top 21%Tech top 23%Talent top 23% All 12 signals ▾Fundingtop 19% Moattop 21% Techtop 23% Talenttop 23% Markettop 29% Producttop 37% AItop 45% Fin. healthtop 45% Globaltop 49% Growthbottom 41% Newsbottom 24% Customersbottom 22% Funding: Raised $138M across 15 rounds · 15 rounds over 10 yrs (1.5/yr) Moat: Top 4% by revenue among 277 tracked Consumer Electronics E-Commerce companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 76/100 | $93M FY2025 | — | $138M | Sreevathsa Prabhakar Founder & CEO | 422 422 → 532 (+26%) · sector median +33% | WordPressApple iCloud MailGoogle Workspace+23 | — |
| 16 | Yubi 🦄 Online marketplace for business loans 80Tech top 15%Moat top 18%Funding top 23%Product top 30% All 12 signals ▾Techtop 15% Moattop 18% Fundingtop 23% Producttop 30% Innovationtop 33% Talenttop 33% Growthtop 42% Markettop 44% Fin. healthtop 44% AItop 45% Newsbottom 43% Globalbottom 39% Tech: 59 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Moat: Top 3% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 9/10 rank vs industry peers · Fliar Intelligence Index 80/100 | $84M FY2025 | +27% | $239M | Gaurav Kumar Co-Founder & CEO | 12 | SentryApple iCloud MailGoogle Workspace+24 | — |
| 17 | Perfios 🦄 Provider of AI-driven platform for financial analysis, verification, and decisioning 87Moat top 16%Fin. health top 20%Funding top 23%Talent top 23% All 10 signals ▾Moattop 16% Fin. healthtop 20% Fundingtop 23% Talenttop 23% Markettop 25% Producttop 36% Techtop 44% Growthtop 45% AItop 45% Globalbottom 48% Moat: Top 1% by revenue among 105 tracked Insurance IT companies · Unicorn Fin. health: Revenue ~$83.8M (FY2018) · Net margin 15.6% rank vs industry peers · Fliar Intelligence Index 87/100 | $84M FY2025 | — | $270M | Debasish Chakraborty Co-Founder | — | WordPressMySQLPHP+31 | 1 job opening |
| 18 | KreditBee 🦄 Platform providing personal loans, business loans, and loans against property 76News top 14%Moat top 18%Funding top 19%Market top 21% All 10 signals ▾Newstop 14% Moattop 18% Fundingtop 19% Markettop 21% Talenttop 28% Techtop 34% Fin. healthtop 35% Producttop 41% Growthbottom 39% Globalbottom 39% News: 9 BI events in 12 mo (of 79 tracked, 6 types) · +800% YoY Moat: Top 3% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 76/100 | $81M FY2025 | -3% | $256M | Vivek Veda Co-Founder & CFO | 592 | ZohoFirebaseBootstrap+15 | 5 awards |
| 19 | CoinDCX 🦄 Cryptocurrency exchange and trading service provider 78Moat top 17%Customers top 20%Funding top 21%Fin. health top 29% All 11 signals ▾Moattop 17% Customerstop 20% Fundingtop 21% Fin. healthtop 29% Markettop 32% Techtop 32% Talenttop 34% Producttop 36% Growthtop 49% Globalbottom 45% Newsbottom 24% Moat: Top 1% by revenue among 87 tracked Cryptocurrencies companies · Editorial + unicorn rating 9/10 Customers: Play-Store rating 4.44★ across 418,874 ratings (1 apps) · Review volume +3% in 6 mo rank vs industry peers · Fliar Intelligence Index 78/100 | $68M FY2025 | +45% | $247M | Neeraj Khandelwal Co-Founder | 98 | Apple iCloud MailGoogle WorkspaceNode.js+21 | 2 awards |
| 20 | Auxilo Provider of financial products focused on education loans and related services 78Fin. health top 19%Moat top 20%Funding top 22%Market top 30% All 9 signals ▾Fin. healthtop 19% Moattop 20% Fundingtop 22% Markettop 30% Techtop 37% Growthtop 38% Talentbottom 49% Globalbottom 37% Newsbottom 34% Fin. health: Revenue ~$64.3M (FY2024) · Net margin 21.2% Moat: Top 1% by revenue among 422 tracked Higher Education Tech companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 78/100 | $64M FY2025 | +48% | $127M | Neeraj Saxena CEO & MD | 392 392 → 547 (+40%) · sector median +33% | Bootstrapcore-jsSweetAlert2+13 | 5 job openings · 1 internship |
| 21 | Juspay 🦄 Provider of payments infrastructure solutions 84Customers top 13%Fin. health top 23%Funding top 24%Market top 25% All 12 signals ▾Customerstop 13% Fin. healthtop 23% Fundingtop 24% Markettop 25% Moattop 25% Techtop 30% Producttop 30% Partnerstop 31% Talenttop 33% Newstop 34% Growthtop 38% Globalbottom 39% Customers: App rating 4.8★ (132,476 reviews) · Marquee-customer mentions: top 30% of tracked companies Fin. health: Revenue ~$63.8M (FY2025) · Net margin 13.0% rank vs industry peers · Fliar Intelligence Index 84/100 | $64M FY2025 | +55% | $88M | Sheetal Lalwani Co-Founder & COO | 969 969 → 2,056 (+112%) · sector median +33% | Cart FunctionalitySanityZoho+26 | 2 launchs · 6 partnerships |
| 22 | M2P Fintech Provider of APIs enabling banking, lending, and payment financial services 84Tech top 14%Funding top 20%Moat top 21%Market top 27% All 11 signals ▾Techtop 14% Fundingtop 20% Moattop 21% Markettop 27% Innovationtop 28% Producttop 29% Talenttop 31% Globaltop 42% Growthtop 43% Fin. healthtop 46% Newsbottom 40% Tech: 59 technologies across 7/8 capability areas · Cloud: Amazon S3, Amazon Ses Funding: Raised $183M across 11 rounds · 11 rounds over 6 yrs (1.8/yr) rank vs industry peers · Fliar Intelligence Index 84/100 | $63M FY2025 | +36% | $183M | Dinesh Desu Co-Founder | 1,078 1,078 → 1,438 (+33%) · sector median +33% | Apple iCloud MailMicrosoft 365TypeScript+26 | 1 partnership |
| 23 | Indifi Provider of loan products and services for small and medium businesses 72Funding top 18%Moat top 21%Market top 25%Talent top 32% All 11 signals ▾Fundingtop 18% Moattop 21% Markettop 25% Talenttop 32% Producttop 37% Innovationtop 39% Newstop 39% Fin. healthtop 43% Growthtop 49% Techbottom 45% Globalbottom 39% Funding: Raised $90.8M across 8 rounds · 8 rounds over 11 yrs (0.7/yr) Moat: Top 5% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 72/100 | $45M FY2025 | +20% | $91M | Alok Mittal Cofounder and Executive Chairman | 509 509 → 806 (+58%) · sector median +33% | Node.jsAmazon Web ServicesNginx+17 | — |
| 24 | Olyv A personal loan and financial solutions provider 80Growth top 22%News top 22%Fin. health top 23%Moat top 25% All 10 signals ▾Growthtop 22% Newstop 22% Fin. healthtop 23% Moattop 25% Fundingtop 26% Talenttop 28% Techtop 37% Markettop 48% Partnersbottom 49% Globalbottom 39% Growth: Revenue +41% YoY · Fresh capital in last 24 mo News: 6 BI events in 12 mo (of 10 tracked, 4 types) · +200% YoY rank vs industry peers · Fliar Intelligence Index 80/100 | $42M FY2025 | +41% | $27M | Jayant Upadhyay Co-Founder | 16 | WordPress Site EditorElementorWordPress+21 | — |
| 25 | Ummeed Housing Finance Real estate financing company 72Product top 21%Funding top 22%Moat top 29%Growth top 31% All 10 signals ▾Producttop 21% Fundingtop 22% Moattop 29% Growthtop 31% Markettop 33% Fin. healthtop 36% Talenttop 38% Techbottom 40% Globalbottom 39% Newsbottom 22% Product: 4 published apps (84.0k installs) · Company stage: Series F Funding: Raised $114M across 8 rounds · 8 rounds over 10 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 72/100 | $38M FY2025 | +31% | $114M | Ashutosh Sharma Founder and Managing Director | 1,654 1,654 → 1,086 (-34%) · sector median +33% | DrupalPHPBootstrap+20 | 4 job openings |
| 26 | Unnati Provider of banking services agri inputs and crop output sales 50Moat top 22%News top 24%Talent top 28%Funding top 37% All 9 signals ▾Moattop 22% Newstop 24% Talenttop 28% Fundingtop 37% Markettop 39% Growthbottom 46% Fin. healthbottom 44% Techbottom 38% Globalbottom 37% Moat: Top 2% by revenue among 1177 tracked Crop Tech companies · Editorial + unicorn rating 7/10 News: 5 BI events in 12 mo (of 15 tracked, 4 types) · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo rank vs industry peers · Fliar Intelligence Index 50/100 | $35M FY2025 | -43% | $14M | Nishant Mahatre Co-Founder | 277 277 → 153 (-45%) · sector median +33% | PHPGoogle MapsCodeIgniter+15 | — |
| 27 | BankBazaar Online platform providing tools for comparing and applying for financial products 69Customers top 21%Moat top 22%Funding top 24%Market top 26% All 12 signals ▾Customerstop 21% Moattop 22% Fundingtop 24% Markettop 26% Talenttop 28% Producttop 29% Techtop 33% Innovationtop 39% Fin. healthtop 48% Globalbottom 39% Growthbottom 35% Newsbottom 27% Customers: Play-Store rating 4.42★ across 144,966 ratings (1 apps) · Review volume +2% in 6 mo Moat: Top 6% by revenue among 363 tracked Banking Tech companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $30M FY2025 | — | $126M | Rati Shetty Co-Founder & CPO | 943 943 → 696 (-26%) · sector median +33% | WordPressApple iCloud MailMicrosoft 365+24 | — |
| 28 | Idfy Provider of a platform for identity verification and risk management 83Tech top 18%Moat top 20%Talent top 23%Funding top 24% All 9 signals ▾Techtop 18% Moattop 20% Talenttop 23% Fundingtop 24% Growthtop 31% Markettop 32% Producttop 32% Fin. healthtop 39% Globalbottom 39% Tech: 74 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Moat: Top 1% by revenue among 135 tracked GRC Software companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 83/100 | $23M FY2025 | +30% | $59M | Kaushik Shah Co-Founder | 536 536 → 917 (+71%) · sector median +33% | WordPressMySQLPHP+29 | — |
| 29 | BlackSoil Provider of alternative debt and supply chain financing solutions to businesses 64Funding top 22%Talent top 23%Fin. health top 32%Moat top 37% All 11 signals ▾Fundingtop 22% Talenttop 23% Fin. healthtop 32% Moattop 37% Producttop 39% Markettop 44% Innovationtop 45% Growthtop 47% Techbottom 45% Globalbottom 37% Newsbottom 24% Funding: Raised $298M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) Talent: 6 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 64/100 | $23M FY2025 | +20% | $298M | Mohinder Bansal Co-Founder | 82 82 → 171 (+109%) · sector median +33% | WordPressMySQLPHP+13 | 1 award |
| 30 | Fisdom Provider of online investment and wealth management services 67Moat top 22%Tech top 26%Funding top 30%Product top 30% All 12 signals ▾Moattop 22% Techtop 26% Fundingtop 30% Producttop 30% Customerstop 32% Talenttop 38% Markettop 39% Innovationtop 39% Newstop 39% Growthtop 46% Fin. healthbottom 49% Globalbottom 39% Moat: Top 7% by revenue among 1429 tracked Investment Tech companies · Editorial + unicorn rating 8/10 Tech: 51 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 67/100 | $20M FY2025 | +34% | $48M | Subramanya V Co-Founder & CEO | 379 379 → 268 (-29%) · sector median +33% | WordPressMySQLPHP+24 | — |
| 31 | Innoviti Provider of payment and revenue assurance software for retail businesses 57Moat top 21%Funding top 24%Tech top 24%Product top 30% All 10 signals ▾Moattop 21% Fundingtop 24% Techtop 24% Producttop 30% Markettop 40% Newstop 40% Fin. healthbottom 46% Growthbottom 45% Talentbottom 41% Globalbottom 39% Moat: Top 4% by revenue among 176 tracked In Store Retail Tech companies · Editorial + unicorn rating 8/10 Funding: Raised $137M across 22 rounds · 22 rounds over 20 yrs (1.1/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $17M FY2025 | +32% | $137M | Rajeev Agrawal Founder & CEO | 204 | WordPress Block EditorElementorCart Functionality+29 | — |
| 32 | StockGro Operator of a stock market advisory platform 69News top 18%Moat top 23%Funding top 26%Fin. health top 32% All 10 signals ▾Newstop 18% Moattop 23% Fundingtop 26% Fin. healthtop 32% Growthtop 33% Techtop 36% Markettop 44% Producttop 46% Talentbottom 49% Globalbottom 39% News: 10 BI events in 12 mo (of 23 tracked, 3 types) · +900% YoY Moat: Top 8% by revenue among 1429 tracked Investment Tech companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $15M FY2025 | +26% | $62M | Ajay Lakhotia Founder & Chief Evolution Officer | 51 | SentryNode.jsRadix UI+20 | — |
| 33 | Stable Money Provider of platform for booking fixed deposits from various banks 69Growth top 24%Moat top 25%Funding top 30%Partners top 31% All 12 signals ▾Growthtop 24% Moattop 25% Fundingtop 30% Partnerstop 31% Customerstop 32% Newstop 35% Techtop 36% Talenttop 38% Fin. healthtop 43% Producttop 46% Markettop 50% Globalbottom 37% Growth: Revenue +2737% YoY · App-install growth +76% YoY Moat: Top 8% by revenue among 1429 tracked Investment Tech companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $13M FY2025 | +2737% | $25M | Harish Reddy Co-Founder | 37 | Node.jsZohoRadix UI+17 | 1 job opening |
| 34 | Ecofy Financial solutions for the electric vehicle, solar, and SME sectors 69Growth top 16%News top 19%Moat top 26%Funding top 30% All 11 signals ▾Growthtop 16% Newstop 19% Moattop 26% Fundingtop 30% Talenttop 38% Markettop 39% Fin. healthtop 42% Techtop 44% Producttop 49% Innovationbottom 40% Globalbottom 39% Growth: Headcount 119 → 208 (+75%) across vintages · Revenue +206% YoY News: 6 BI events in 12 mo (of 17 tracked, 5 types) · +200% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $13M FY2025 | +206% | $11M | Rajashree Nambiar Co-founder | 208 208 → 422 (+103%) · sector median +33% | DrupalPHPBootstrap+16 | — |
| 35 | Mintoak Digital payments and engagement solutions for MSMEs 69Customers top 22%Talent top 23%Moat top 31%Funding top 32% All 11 signals ▾Customerstop 22% Talenttop 23% Moattop 31% Fundingtop 32% Fin. healthtop 33% Growthtop 38% Markettop 45% Producttop 47% Techtop 50% Newsbottom 37% Globalbottom 37% Customers: App rating 4.6★ (139,511 reviews) · Review volume +1% in 6 mo Talent: 5 named leaders on record · 5 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 69/100 | $13M FY2025 | +27% | $40M | Rohit Ramana Co-Founder & CFO | 134 134 → 153 (+14%) · sector median +33% | Node.jsTailwind CSSReact+12 | 1 launch · 2 partnerships · 1 expansion |
| 36 | Easy Home Finance Provider of home loans and refinancing options 60Moat top 21%Funding top 26%Product top 29%Growth top 35% All 11 signals ▾Moattop 21% Fundingtop 26% Producttop 29% Growthtop 35% Innovationtop 38% Talenttop 38% Markettop 41% Newstop 46% Fin. healthbottom 45% Globalbottom 39% Techbottom 35% Moat: Top 11% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 7/10 Funding: Raised $61.3M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $12M FY2025 | — | $61M | Rohit Chokhani Founder & Managing Director | 743 743 → 951 (+28%) · sector median +33% | UbuntuAnimate.cssBootstrap+8 | 1 job opening · 2 expansions · 1 award |
| 37 | Jupiter Online platform offering a suite of financial services 72Tech top 12%News top 18%Customers top 20%Moat top 24% All 12 signals ▾Techtop 12% Newstop 18% Customerstop 20% Moattop 24% Fundingtop 25% Partnerstop 26% Markettop 35% Growthtop 37% Producttop 46% Talentbottom 49% Globalbottom 39% Fin. healthbottom 37% Tech: 59 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services News: 7 BI events in 12 mo (of 16 tracked, 5 types) · +600% YoY rank vs industry peers · Fliar Intelligence Index 72/100 | $11M FY2025 | +13% | $167M | Vishnu Jerome Co-Founder | 415 | GhostNode.jsTailwind CSS+26 | — |
| 38 | StrideOne Provider of financial solutions for startups and their supply chain 57Moat top 24%Talent top 28%Funding top 31%Growth top 35% All 9 signals ▾Moattop 24% Talenttop 28% Fundingtop 31% Growthtop 35% Newstop 36% Techtop 45% Markettop 47% Fin. healthbottom 39% Globalbottom 37% Moat: Top 12% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 57/100 | $10M FY2025 | +8% | $48M | Ishpreet Gandhi Co-Founder & CEO | 131 131 → 128 (-2%) · sector median +33% | WordPressMySQLPHP+15 | — |
| 39 | Plum Provider of employee health benefits and insurance plans for businesses 69Tech top 19%Growth top 30%Moat top 30%Funding top 35% All 9 signals ▾Techtop 19% Growthtop 30% Moattop 30% Fundingtop 35% Talenttop 38% Markettop 44% Producttop 46% Fin. healthbottom 49% Globalbottom 39% Tech: 62 technologies across 6/8 capability areas · Cloud: Cloudflare, Vercel Growth: Headcount 271 → 297 (+10%) across vintages · Revenue +54% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $8M FY2025 | +54% | $21M | Saurabh Arora Co-Founder & CTO | 297 | WebflowSalesforceGSAP+28 | 1 launch · 1 award |
| 40 | Scapia Provider of credit cards and a platform for travel bookings 64Growth top 21%Moat top 30%Funding top 31%News top 37% All 12 signals ▾Growthtop 21% Moattop 30% Fundingtop 31% Newstop 37% Techtop 38% Producttop 40% Innovationtop 41% Customerstop 45% Markettop 46% Talentbottom 49% Fin. healthbottom 45% Globalbottom 39% Growth: Headcount 52 → 83 (+60%) across vintages · Revenue +67% YoY Moat: Top 21% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 64/100 | $5M FY2025 | +67% | $32M | Anil Goteti Founder & CEO | 83 | Amazon WebstoreTurbopackApple iCloud Mail+20 | 1 launch |
| 41 | indiagold Provider of gold loans and digital gold and gold coins 50Customers top 26%Moat top 30%Talent top 38%Funding top 39% All 11 signals ▾Customerstop 26% Moattop 30% Talenttop 38% Fundingtop 39% Techtop 44% Markettop 45% Growthtop 48% Productbottom 47% Globalbottom 39% Fin. healthbottom 34% Newsbottom 27% Customers: Play-Store rating 4.55★ across 25,768 ratings (1 apps) · Review volume +2% in 6 mo Moat: Top 19% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 50/100 | $4M FY2025 | +8% | $24M | Nitin Misra Co-Founder | 264 264 → 273 (+3%) · sector median +33% | Node.jsRadix UITailwind CSS+19 | 2 job openings |
| 42 | Dugar Finance Provider of MSME, vehicle, mortgage, and solar loans 57Growth top 25%Funding top 41%Fin. health top 45%Tech top 50% All 7 signals ▾Growthtop 25% Fundingtop 41% Fin. healthtop 45% Techtop 50% Marketbottom 49% Talentbottom 49% Globalbottom 36% Growth: Revenue +44% YoY · Web rank 50,000,000 → 10,000,000 YoY Funding: Raised $26.0M across 3 rounds · 3 rounds over 1 yrs (3.0/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $4M FY2025 | +44% | $26M | S Rangaraj CEO | — | WordPress Block EditorwpBakeryWordPress+28 | 2 job openings · 3 expansions |
| 43 | Knight FinTech A digital banking technology company that provides full-stack banking solutions for lending, treasury… 50News top 32%Growth top 33%Funding top 35%Talent top 38% All 9 signals ▾Newstop 32% Growthtop 33% Fundingtop 35% Talenttop 38% Moattop 48% Marketbottom 48% Globalbottom 45% Techbottom 44% Fin. healthbottom 34% News: 4 BI events in 12 mo (of 6 tracked, 2 types) · Top themes: Funding, Capital raise Growth: Headcount 178 → 291 (+63%) across vintages · Revenue +4% YoY rank vs industry peers · Fliar Intelligence Index 50/100 | $4M FY2025 | +4% | $33M | Parthesh Shah Co-Founder & CBO | 291 291 → 352 (+21%) · sector median +33% | Windows ServerMicrosoft ASP.NETBootstrap+18 | — |
| 44 | Pazcare Provider of employee benefits management platform for companies 50Moat top 28%Tech top 32%Talent top 38%Funding top 41% All 10 signals ▾Moattop 28% Techtop 32% Talenttop 38% Fundingtop 41% Growthtop 47% Markettop 49% Productbottom 48% Globalbottom 37% Fin. healthbottom 36% Newsbottom 18% Moat: Top 14% by revenue among 1371 tracked HRTech companies · Editorial + unicorn rating 7/10 Tech: 43 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 50/100 | $2M FY2025 | +29% | $12M | Manish Mishra Co-Founder | 167 167 → 283 (+69%) · sector median +33% | Webflow EcommerceWebflowGSAP+26 | — |
| 45 | Optimo Capital Provider of loan against property products for micro, small, and medium enterprises 62Growth top 26%Funding top 32%Fin. health top 36%Tech top 38% All 8 signals ▾Growthtop 26% Fundingtop 32% Fin. healthtop 36% Techtop 38% Moattop 45% Talentbottom 49% Globalbottom 45% Marketbottom 41% Growth: Revenue +5618% YoY · Web rank 5,000,000 → 10,000,000 YoY Funding: Raised $50.8M across 4 rounds · 4 rounds over 2 yrs (2.0/yr) rank vs industry peers · Fliar Intelligence Index 62/100 | $2M FY2025 | +5618% | $51M | Prashant Pitti Founder | — | TurbopackNode.jsRadix UI+16 | 1 launch |
| 46 | Solfin Provider of SME loans for solar projects 50Growth top 17%Funding top 34%Tech top 40%Talent bottom 49% All 8 signals ▾Growthtop 17% Fundingtop 34% Techtop 40% Talentbottom 49% Moatbottom 44% Fin. healthbottom 40% Marketbottom 34% Globalbottom 32% Growth: Revenue +902% YoY · Web rank 10,000,000 → 5,000,000 YoY Funding: Raised $54.6M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $352K FY2025 | +902% | $55M | Gautam Kaushik Co-Founder | — | Node.jsUbuntuChart.js+19 | 1 award |
| 47 | Sahi Broker-based online trading and investment platform 64Growth top 13%Tech top 25%Customers top 29%Talent top 38% All 10 signals ▾Growthtop 13% Techtop 25% Customerstop 29% Talenttop 38% Fundingtop 41% Producttop 46% Moattop 46% Globalbottom 45% Marketbottom 40% Fin. healthbottom 39% Growth: Revenue +290% YoY · Web rank 5,000,000 → 500,000 YoY Tech: 43 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 64/100 | $341K FY2025 | +290% | $50M | Dale Vaz Co-Founder & CEO | — | TurbopackNode.jsRadix UI+13 | — |
| 48 | Weaver Provider of affordable housing finance, specializing in low-cost housing solutions 13Funding top 18%Talent top 28%Global bottom 45%Tech bottom 41% All 6 signals ▾Fundingtop 18% Talenttop 28% Globalbottom 45% Techbottom 41% Fin. healthbottom 13% Marketbottom 8% Funding: Raised $326M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 13/100 | $12K FY2025 | — | $326M | Kamal Rathi Co-Founder & CTPO | — | Radix UITailwind CSSshadcn/ui+8 | — |
| 49 | InsuranceDekho Provider of online insurance policy comparison and purchasing platform 78Funding top 18%Moat top 20%Market top 22%Tech top 24% All 11 signals ▾Fundingtop 18% Moattop 20% Markettop 22% Techtop 24% Fin. healthtop 37% Talenttop 38% Growthtop 40% Producttop 45% Newstop 46% Innovationbottom 46% Globalbottom 39% Funding: Raised $310M across 7 rounds · 7 rounds over 4 yrs (1.8/yr) Moat: Top 3% by revenue among 156 tracked Internet First Insurance Platforms companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 78/100 | — | — | $310M | Ankit Agrawal Co-Founder & CEO | 2,020 2,020 → 2,317 (+15%) · sector median +33% | Node.jsJavaRaphael+25 | 2 job openings |
| 50 | Bachatt Provider of micro-investing and automated savings platform for wealth creation 62Growth top 17%Talent top 28%Funding top 31%Tech top 46% All 7 signals ▾Growthtop 17% Talenttop 28% Fundingtop 31% Techtop 46% Producttop 47% Globalbottom 45% Marketbottom 35% Growth: Web rank 10,000,000 → 5,000,000 YoY · App-install growth +500% YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 62/100 | — | — | $16M | Mayank Agarwal Co-Founder | — | TurbopackNode.jsTailwind CSS+17 | — |
Top 12 FinTech companies in India
#1
CRED 🦄Series G · Bengaluru, Karnataka · founded 2018 · 915 employees$865.6Mraised▾
CRED 🦄
Series G · Bengaluru, Karnataka · founded 2018 · 915 employees
Fintech platform that rewards users for paying credit card bills on time. It operates a members-only financial rewards platform focused on creditworthy users. The app primarily allows users to pay their credit card bills while earning rewards such as cashback, discount offers, and access to exclusive brand experiences. It also functions as a personal credit management tool. It helps users track multiple credit cards, monitor spending behavior, receive due-date reminders, and analyze credit score trends.
Fliar Intelligence Index™ 92how this company ranks against its industry peers
Customers
top 9%Funding
top 15%Tech
top 15%Fin. health
top 16%Market
top 17%Moat
top 17%Customers: Play-Store rating 4.75★ across 2,962,978 ratings (2 apps) · Review volume +13% in 6 mo · Marquee-customer mentions: top 6% of tracked companies
Funding: Raised $866M across 12 rounds · 12 rounds over 8 yrs (1.5/yr) · Last round Angel (Mar 2026)
Tech: 46 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy
Audience (LinkedIn): 598k LinkedIn followers — 9.5% of this cohort's audience
Funding rounds
- Mar 2026Angel$2M
- May 2025Series G$75M
- Jul 2024Unattributed$2.4K
- Jun 2022Series F$140M
Founders & team
Investors
RTP Global, Ribbit Capital, Gemini Investment Management, MVision, Future Shape, Credence Partners
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesApolloApple Icloud Mail
#2
BharatPe 🦄Series E · Gurugram, Haryana · founded 2018 · 898 employees$604Mraised▾
BharatPe 🦄
Series E · Gurugram, Haryana · founded 2018 · 898 employees
Provider of payment solutions, lending, and investment opportunities for businesses. It offers tools for payment acceptance, including QR codes and card payment devices. Additionally, it facilitates business loans and provides an investment platform. The company aims to support businesses with financial products.
Fliar Intelligence Index™ 84how this company ranks against its industry peers
Funding
top 15%Customers
top 15%Moat
top 17%Talent
top 20%Market
top 23%Innovation
top 27%Funding: Raised $604M across 17 rounds · 17 rounds over 8 yrs (2.1/yr) · Last round Conventional Debt (Mar 2026)
Customers: Play-Store rating 4.25★ across 969,899 ratings (1 apps) · Review volume +59% in 6 mo · Marquee-customer mentions: top 10% of tracked companies
Moat: Top 1% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 9/10 · Unicorn
Audience (LinkedIn): 354k LinkedIn followers — 5.6% of this cohort's audience
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Mar 2026Conventional Debt$10M
- May 2025Conventional Debt$15M
- Jul 2024Venture Debt$10.2M
- Jan 2024Venture Debt$100M
Founders & team
Investors
Coatue, Ribbit Capital, Amplo, Insight Partners, Steadview, Grace Software Holdings
Tech stack
A3 Lazy LoadAmazon CloudfrontAmazon S3Amazon Web ServicesAnimate.CssAos
#3
Series E · Bengaluru, Karnataka · founded 2017 · 592 employees$255.7Mraised▾
Series E · Bengaluru, Karnataka · founded 2017 · 592 employees
Platform providing personal loans, business loans, and loans against property. It facilitates loan transactions between borrowers and personal loan providers. The platform offers various financial products and services, including flexi personal loans and two-wheeler loans. The application process is online, with funds disbursed to the applicant's bank account upon approval.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
News
top 14%Moat
top 18%Funding
top 19%Market
top 21%Talent
top 28%Tech
top 34%News: 9 BI events in 12 mo (of 79 tracked, 6 types) · +800% YoY · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo
Moat: Top 3% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 · Unicorn
Funding: Raised $256M across 9 rounds · 9 rounds over 9 yrs (1.0/yr) · Last round Series E (Apr 2026)
Audience (LinkedIn): 54k LinkedIn followers
Activity (LinkedIn): 5 awards announced in 12 mo
Funding rounds
- Apr 2026Series E$220M
- Mar 2024Series D$9.4M
- Jan 2023Series D$24.3M
- Dec 2022Series D$18.2M
Founders & team
Investors
MUFG, Premji Invest, Motilal Oswal, Mirae Asset Venture Investments, Wiseanya, Newquest
Tech stack
Amazon Web ServicesBabelBootstrapCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#4
Series C · Mumbai, Maharashtra · founded 2010 · 82 employees$298.1Mraised▾
Series C · Mumbai, Maharashtra · founded 2010 · 82 employees
Provider of alternative debt and supply chain financing solutions to businesses. It focuses on providing debt to growing businesses underserved by traditional financial institutions. The company underwrites business models of emerging financial institutions. It also operates a supply chain fintech platform to streamline financing for suppliers and buyers.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Funding
top 22%Talent
top 23%Fin. health
top 32%Moat
top 37%Product
top 39%Market
top 44%Funding: Raised $298M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) · Last round Conventional Debt (Mar 2026)
Talent: 6 named leaders on record · 3 C-suite/founder profiles curated
Fin. health: Revenue ~$22.5M (FY2021) · Net margin 17.1% · Revenue +20% YoY
Audience (LinkedIn): 13k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Mar 2026Conventional Debt$22M
- Dec 2025Series C$7.2M
- Mar 2024Conventional Debt$205.4M
- Mar 2024Series C$12.1M
Founders & team
Investors
Allcargo Logistics, Navneet Publications, Florintree, MAHAVIR AGENCIES, FMO, Caspian
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesApache Http ServerCdnjsCloudflare
#5
Late Stage · Mumbai, Maharashtra · founded 2025$326Mraised▾
Late Stage · Mumbai, Maharashtra · founded 2025
Provider of affordable housing finance, specializing in low-cost housing solutions.
Fliar Intelligence Index™ 13how this company ranks against its industry peers
Funding
top 18%Talent
top 28%Global
bottom 45%Tech
bottom 41%Fin. health
bottom 13%Market
bottom 8%Funding: Raised $326M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Unattributed (Mar 2026)
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Global: Investors from 1 country beyond India
Audience (LinkedIn): 2k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · hiring: Company Secretary, Senior DevOps Engineer
Funding rounds
- Mar 2026Unattributed$156M
- Aug 2025Unattributed$170M
Founders & team
Investors
Lightspeed Venture Partners, Premji Invest, Gaja Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesGoogle WorkspaceHttp/3Open Graph
#6
Series E · Bengaluru, Karnataka · founded 2002 · 204 employees$137Mraised▾
Series E · Bengaluru, Karnataka · founded 2002 · 204 employees
Provider of payment and revenue assurance software for retail businesses. The company offers platforms for payment acceptance, revenue protection, and reconciliation. It provides a sales acceleration platform for mobile dealers, enabling inventory turnover and access to incentives. The business also offers a payment collection application for merchants to accept payments without point-of-sale systems.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Moat
top 21%Funding
top 24%Tech
top 24%Product
top 30%Market
top 40%News
top 40%Moat: Top 4% by revenue among 176 tracked In Store Retail Tech companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $137M across 22 rounds · 22 rounds over 20 yrs (1.1/yr) · Last round Series E (Feb 2026)
Tech: 54 technologies across 6/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 33k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Feb 2026Series E$11.4M
- Nov 2025Series E$902.3K
- Feb 2025Series E$5.3M
- Aug 2024Conventional Debt—
Founders & team
Investors
Titan Company, Krishnan Consulting, Calderstone, Masterkey Holdings, Aurora Borealis Consulting, Providence Investment Company
Tech stack
AdjustAmchartsApache Http ServerBootstrapCart FunctionalityCdnjs
#7
Series E · Gurugram, Haryana · founded 2015 · 509 employees$90.8Mraised▾
Series E · Gurugram, Haryana · founded 2015 · 509 employees
Provider of loan products and services for small and medium businesses. It offers term loans, lines of credit, invoice discounting, and merchant cash advances. These financial solutions are customized for various sectors, including travel, e-commerce, hotels, retail, restaurants, and startups. The company facilitates loan access through its financing partners.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Funding
top 18%Moat
top 21%Market
top 25%Talent
top 32%Product
top 37%Innovation
top 39%Funding: Raised $90.8M across 8 rounds · 8 rounds over 11 yrs (0.7/yr) · Last round Conventional Debt (Mar 2026)
Moat: Top 5% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 · Soonicorn
Market: 509 employees (top 15% of SaaS) · Revenue ~$44.7M · Top 5% by revenue among 743 tracked Alternative Lending peers
Audience (LinkedIn): 67k LinkedIn followers
Funding rounds
- Mar 2026Conventional Debt$4.2M
- Jun 2023Series E$35.2M
- Nov 2021Conventional Debt$22.1M
- Aug 2021Series D$19.5M
Founders & team
Investors
Vivriti Capital, Northern Arc Capital, SIDBI, DFC, Accel, Elevar Equity
Tech stack
Amazon S3Amazon SesAmazon Web ServicesAws Certificate ManagerCore-JsExpress
#8
Series C · Gurugram, Haryana · founded 2022$54.6Mraised▾
Series C · Gurugram, Haryana · founded 2022
Provider of SME loans for solar projects. Company collaborates with real estate developers to finance and oversee the development of community-scale, ground-mounted solar arrays that generate clean power.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 17%Funding
top 34%Tech
top 40%Talent
bottom 49%Moat
bottom 44%Fin. health
bottom 40%Growth: Revenue +902% YoY · Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Funding: Raised $54.6M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) · Last round Series C (May 2026)
Tech: 30 technologies across 5/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- May 2026Series C$28.9M
- Feb 2026Series B$13.7M
- May 2025Series A$11.7M
- Mar 2023Seed$213K
Founders & team
Investors
Waaree Sustainable Finance, PointOne Capital, QED Innovation Labs, LetsVenture, Arham Investment, Navkar Ventures
Tech stack
Animate.CssBootstrapCdnjsChart.JsCloudflareEmotion
#9
Series C · Gurugram, Haryana · founded 2016 · 2020 employees$310Mraised▾
Series C · Gurugram, Haryana · founded 2016 · 2020 employees
Provider of online insurance policy comparison and purchasing platform. It allows users to compare quotes from multiple insurers for various insurance types, including motor, health, life, and travel insurance. The platform simplifies the insurance buying process, enabling users to select a policy, provide necessary details, and complete the purchase online.
Fliar Intelligence Index™ 78how this company ranks against its industry peers
Funding
top 18%Moat
top 20%Market
top 22%Tech
top 24%Fin. health
top 37%Talent
top 38%Funding: Raised $310M across 7 rounds · 7 rounds over 4 yrs (1.8/yr) · Last round Series C (Dec 2025)
Moat: Top 3% by revenue among 156 tracked Internet First Insurance Platforms companies · Editorial + unicorn rating 8/10 · Soonicorn
Market: 2,020 employees (top 4% of FinTech) · Revenue ~$163M · ~4% of tracked Internet First Insurance Platforms revenue (156 cos, FY2025)
Audience (LinkedIn): 80k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Relationship Manager, Insurancedekho family
Funding rounds
- Dec 2025Series C$4.3M
- Mar 2025Series C$70M
- Jan 2025Series B$17.7M
- Oct 2023Series B$60M
Founders & team
Investors
TVS Capital Funds, Investcorp, Avataar Ventures, West Street Global, Alstroemeria Investments, Goldman Sachs Asset Management
Tech stack
Amazon CloudfrontAmazon Web ServicesAngular MaterialAngularjsAnime.JsApache Http Server
#10
Series D · Chennai, Tamil Nadu · founded 2008 · 943 employees$125.7Mraised▾
Series D · Chennai, Tamil Nadu · founded 2008 · 943 employees
Online platform providing tools for comparing and applying for financial products. It offers resources for credit cards, loans, and investment options. The platform enables users to assess eligibility and calculate payments. It also provides access to credit scores and related reports.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Customers
top 21%Moat
top 22%Funding
top 24%Market
top 26%Talent
top 28%Product
top 29%Customers: Play-Store rating 4.42★ across 144,966 ratings (1 apps) · Review volume +2% in 6 mo · Marquee-customer mentions: top 10% of tracked companies
Moat: Top 6% by revenue among 363 tracked Banking Tech companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $126M across 11 rounds · 11 rounds over 18 yrs (0.6/yr) · Last round Series D (Feb 2026)
Audience (LinkedIn): 50k LinkedIn followers
Funding rounds
- Feb 2026Series D$441.4K
- Dec 2025Venture Debt$2.2M
- Apr 2025Series D$6.4M
- Oct 2024Series D$1.9M
Founders & team
Investors
Eight Roads Ventures, The Alexa Fund, Walden International, Amazon, GUS Holdings, Peak XV Partners
Tech stack
Amazon AlbAmazon Web ServicesApple Icloud MailCloudflareCore-JsDigicert
#11
Series F · Pune, Maharashtra · founded 2015 · 153 employees$252.5Mraised▾
Series F · Pune, Maharashtra · founded 2015 · 153 employees
Provider of personal loans, credit lines, and financial wellness solutions. It offers individuals access to various credit products and tools. These include personal loans, credit cards, and employee financial wellness programs. The company facilitates access to credit and resources for managing personal finances.
Fliar Intelligence Index™ 83how this company ranks against its industry peers
Funding
top 18%Moat
top 20%Fin. health
top 21%Tech
top 23%News
top 25%Growth
top 26%Funding: Raised $252M across 12 rounds · 12 rounds over 11 yrs (1.1/yr) · Last round Series F (Dec 2025)
Moat: Top 2% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 · Soonicorn
Fin. health: Revenue ~$150M (FY2021) · Net margin 6.8% · Revenue +51% YoY
Audience (LinkedIn): 37k LinkedIn followers · 138 engagements/post (2.5× cohort median)
Activity (LinkedIn): 2 partnerships (incl. Cordelia Cruises) announced in 12 mo
Funding rounds
- Dec 2025Series F$35M
- Aug 2025Conventional Debt$25.7M
- May 2024Series E$65.5M
- Aug 2022Series D$97.1M
Founders & team
Investors
Alteria Capital, Innoven Capital, Eight Roads Ventures, Chiratae Ventures, IDG Ventures, The Rise Fund
Tech stack
A3 Lazy LoadAmazon CloudfrontAmazon S3Amazon Web ServicesAnt DesignApache Http Server
#12
Series D · Gurugram, Haryana · founded 2014 · 132 employees$90Mraised▾
Series D · Gurugram, Haryana · founded 2014 · 132 employees
Provider of personal loans and prepaid payment instruments via mobile wallet. It facilitates personal loans to salaried and self-employed individuals, with loan limits determined by credit score and income. It also provides a mobile wallet that facilitates recharges and bill payments.
Fliar Intelligence Index™ 82how this company ranks against its industry peers
Funding
top 20%Moat
top 20%Fin. health
top 29%Market
top 30%Tech
top 30%Talent
top 38%Funding: Raised $90.0M across 11 rounds · 11 rounds over 11 yrs (1.0/yr) · Last round Conventional Debt (Mar 2026)
Moat: Top 2% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 · Soonicorn
Fin. health: Revenue ~$108M (FY2022) · Net margin 4.1% · Revenue +40% YoY
Audience (LinkedIn): 76k LinkedIn followers
Activity (LinkedIn): 1 partnerships · 1 expansions (incl. YES BANK) announced in 12 mo
Funding rounds
- Mar 2026Conventional Debt$10M
- Dec 2025Venture Debt$75M
- Aug 2025Venture Debt—
- 2025Venture Debt—
Founders & team
Investors
Northern Arc Capital, Arthmate, Shinestar, IMM Investment, Korean Development Bank, Mega Investment
Tech stack
Amazon Web ServicesAstraCore-JsElementorElementor Header & Footer BuilderFacebook Pixel
Funding & investor landscape
$33.4Btotal disclosed funding
1,546companies funded
4,468disclosed rounds
29rounds last 90 days
Most active investors
Notable founders
Kunal Shah
Founder & CEO · CRED
Shashvat Nakrani
Co-Founder & COO · BharatPe
Rajnish Kumar
Chairman · BharatPe
Vivek Veda
Co-Founder & CFO · KreditBee
Karthikeyan Krishnaswamy
Co-Founder & CTO · KreditBee
Mohinder Bansal
Co-Founder · BlackSoil
Ankur Bansal
Co-Founder & MD · BlackSoil
Kamal Rathi
Co-Founder & CTPO · Weaver
Anil Kothuri
Co-Founder · Weaver
Rajeev Agrawal
Founder & CEO · Innoviti
Alok Mittal
Cofounder and Executive Chairman · Indifi
Sangram Singh
Chief Executive Officer · Indifi
Prism market signals · India · country-scoped Prism corpus, 1,043,046 docs
Market landscape — 10 sub-themes by coverage
Share of FinTech 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
Database transaction research surged 1→12 papers, signalling blockchain-linked fintech breakthroughs are newly intensifying in Indian institutions.
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
Financial services advancement papers exploded 2→223, with mobile payment and mobile banking newly emerging as dominant research frontiers.
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 inclusion concern papers rose 2→138 while digital transformation newly entered at 36, flagging unresolved equity and adoption risks.
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
Pune49 · +0.21
Chennai25 · +0.41
Bengaluru16 · +0.24
Hyderabad13 · +0.14
Ahmedabad6 · +0.35
Kolkata5 · +0.36
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 FinTech companies are there in India?
Radar tracks 7838 indexable FinTech companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by FinTech companies in India?
The FinTech companies in India on this list have raised a combined $33.4B in disclosed equity funding across 1546 funded companies.
Which is the highest-funded FinTech company in India?
Paytm is the highest-funded FinTech company in India, with $3.5B in disclosed equity funding.
How many FinTech companies in India are funded?
1546 of the 7838 FinTech companies in India on this list have disclosed at least one equity funding round.
How many FinTech unicorns are there in India?
33 FinTech companies in India on this list are valued at $1B or more.
Who are the top investors in India FinTech companies?
The most active investors in India FinTech companies on this list include Angel List, LetsVenture, Y Combinator, QED Innovation Labs, Wellfound.
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.