Company lists
The Karnataka edition · 2026

FinTechcompanies in Karnataka

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

1,767 company profiles641 with reported revenue375 with recorded fundingSeptember 2026 edition
Karnataka · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent fintech business events in Karnataka

Funding, M&A, contract wins and launches involving 2,444 fintech companies in Karnataka, last 24 months: 96 funding rounds · 48 launches · 34 M&A deals · 8 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Scripbox acquires Bluechip Capital

Scripbox, one of India's leading wealth management firms, today announced the strategic acquisition of the mutual fund distribution business of Delhi-NCR-based Bluechip Capital, one of…

Wealth management
M&AAcquisition · Announced

Freo acquires Indialends

Freo has acquired digital lending marketplace IndiaLends in a strategic move that gives Freo full ownership of the company and significantly expands its fintech ecosystem.

Digital lending marketplace
FundingSeries A

Oolka

AI-powered customer engagement startup Oolka led the segment with a Rs 130 crore Series A round, backed by Accel, Lightspeed, and Z47.

Investors Accel, Lightspeed, Z47
FundingSeries A

Oolka

Oolka has raised $14 million in a Series A funding round led by Accel, with participation from existing investors Lightspeed and Z47.

Investors Accel, Lightspeed, Z47, Vidit Aatrey
Digital Payments
LaunchAutonomous Customer Operations Platform

Talisma

Talisma has launched its latest platform, the Autonomous Customer Operations Platform, to ease AI adoption in financial services and education sectors.

LaunchPayment Aggregator

Cred

Recently, CRED received a nod from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA), enabling the company to onboard merchants, collect payments on their behalf…

Payment service
M&AAcquisition · Announced

Raise Fintech Ventures Private Limited acquires Infinyte club

This will be a 100% acquisition, and Infinyte co-founder Ankita Tandon will head Raise Financial’s wealth management arm.

Wealthtech
M&AAcquisition · Announced

Dhan acquires Infinyte club

Stock trading platform Dhan is in talks to acquire wealthtech startup Infinyte Club for around $10 million in a mix of cash and equity, according to people in the know.

Wealthtech startup
FundingSeries B

Wealthy

In November, wealthtech startup Wealthy raised $14.6 Mn in a Series B round led by BII to scale its AI-powered tools and digital infrastructure for investment advisors.

Investors Bii
WealthTech
ContractTechnology

Infosys Finacle · client: Producers Savings Bank Corporation

Infosys Finacle has been selected by Producers Savings Bank Corporation to modernise its core banking infrastructure, as part of the lender’s broader digital transformation strategy…

Banking
LaunchFinacle Core Banking Solution

Infosys Finacle

Producers Bank will modernize its technology landscape by upgrading to the latest version of the Finacle Core Banking Solution.

Core Banking Software
FundingSeed

Novelty Wealth

Novelty Wealth, a licensed wealth management firm, has announced securing $1.4 million in seed funding.

Investors IndiaQuotient
Wealth management
FundingSeries A

Aerchain

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

Investors Pavestone VC, Indiamart
AI native enterprise procurement platform
FundingSeries B

Jiraaf

Fixed income platform Jiraaf is set to raise nearly Rs 44 crore (approximately $4.7 million) in an extended Series B funding round from a mix of existing and new investors.

FinTech
Funding

Scapia

Scapia, a Bengaluru-based travel fintech that issues co-branded credit cards, is in talks to raise US$50‑60 million in a round led by US VC General Catalyst, people familiar with the…

Fintech
ContractInfrastructure

Cowrks · client: Cashfree payments

New Delhi: Real estate firm COWRKS, which provides managed office spaces, has leased 80,000 sq ft area in Bengaluru to Cashfree Payments.

Real Estate
LaunchWorld’s First Agent Studio

Razorpay

Razorpay announced the launch of the “World’s First Agent Studio”, built using the Claude Agent SDK from Anthropic, at Razorpay’s flagship event, FTX’2026, in India on 12 March 2026.

B2B agent marketplace and builder platform
Funding

Innoviti

Another notable deal came from fintech startup Innoviti, which secured $11.4 million in funding from investors including Bessemer Venture Partners, along with several angel investors and…

Investors Bessemer venture partners, Several angel investors, Family offices
Fintech
FundingSeries M

Innoviti

Fintech soonicorn Innoviti has closed its Series M funding round at ₹104 Cr ($11.4 Mn).

Investors Bessemer venture partners, Ola Electric backer Ashutosh Joshi, Arihant Patni of Patni Family Office, JuliaHub cofounder Deepak Vinchhi
Fintech
Funding

Xflow

Notably, earlier this week, General Catalyst also led a $16.6 million funding round in B2B cross-border payments startup Xflow.

B2B cross-border payments
Funding

Acko General Insurance

ACKO has raised $598 million — the highest among all funded InsurTech companies in India as of January 2026.

InsurTech
M&AMerger · Announced

Supernet Technologies acquires Supernet

Supernet Limited has been merged with and into Supernet Technologies Limited (STL) pursuant to a Scheme of Arrangement sanctioned by the High Court of Sindh

Telecommunications
M&AAcquisition · Announced

Telecard acquires Supernet Technologies

STL was acquired by Telecard Limited, and it also became the majority shareholder of Supernet Limited.

Telecommunications
FundingUndisclosed

Kreditbee

Bengaluru-based Kreditbee is looking to close a $120 million (about Rs 1,000 crore) funding round, which could propel the fintech lending startup into the unicorn club.

Investors External investor, Advent international, Mufg, Others
Fintech lending
LaunchTallyPrime Cloud Access

Tally solutions

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

Cloud-based financial management
Funding

PowerUp Money

PowerUp Money raised $12 Mn (about INR 107 Cr) in December last year, to scale its paid advisory product PowerUp Elite, and launch a high-touch managed advisory offering PowerUp Infinite.

Wealthtech
FundingPre Series C

Stable money

Stable Money has raised $25 million at a valuation of $175 million in a pre Series C funding round led by Peak XV Partners, with participation from Z47 (formerly Matrix Partners), RTP…

Investors Peak xv partners, Z47 (formerly Matrix Partners), Rtp global, Fundamentum Partnership
Wealthtech
Funding

Tonetag

Bengaluru-based Tonetag, a deeptech startup which focusses on sound-based payment systems, has raised Rs 35.16 crore ($3.8 million) from Qualcomm Ventures, according to documents…

Payments
FundingSeries C

Olyv

Bengaluru-based Olyv, a consumer lending platform, has raised INR 207 crore (about USD 23 million) in a Series C funding round from Nandan Nilekani’s The Fundamentum Partnership and…

Investors Nandan Nilekani’s The Fundamentum Partnership, Japan’s SMBC Asia Rising Fund
Consumer lending

FinTech companies in Karnataka, by revenue

Browse fintech companies in Karnataka 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 641 fintech companies in Karnataka 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 platform for consumer bill payments

Payments
₹28,681.64 crFY 2024-25
-2%2024–2025
758-2% 12 mo to Aug 2024recorded Aug 2024
26 yr2000
0none in 3 months

Broker-based online trading and investment platform

Investment tech
₹8,868.21 crFY 2024-25
-11%2024–2025
1,124+13% 12 mo to Sep 2024recorded Sep 2024
16 yr2010
0none in 3 months · last posted Jun 2026

Provider of general and life insurance products across various categories

Internet first insurance platforms
₹8,219.52 crFY 2023-24
+40%2023–2024
3,146-82% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of an online platform for investments and trading services

Investment tech
₹4,061.64 crFY 2024-25
+45%2024–2025
3,092+2% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
9postings · last posted Sep 2026

Provider of payment and business banking solutions for enterprises

Payments
₹3,932.11 crFY 2024-25
+60%2024–2025
4,052LinkedIn · Jul 2026
12 yr2014
24postings · last posted Sep 2026

Provider of car, bike, health, life, and travel insurance policies

Auto e-commerce & content
₹2,887.45 crFY 2024-25
+34%2024–2025
1,750+6% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
37postings · last posted Sep 2026

Provider of diverse financial products and lending solutions for businesses and individuals

Alternative lending
₹2,703.21 crFY 2024-25
+87%2024–2025
1,319+117% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
13postings · last posted Sep 2026

Provider of financial products including UPI, loans, insurance, and mutual funds

Payments
₹2,689.14 crFY 2024-25
-4%2024–2025
3,276-8% 12 mo to Aug 2024LinkedIn · Jul 2026
14 yr2012
44postings · last posted Sep 2026

Fintech platform that rewards users for paying credit card bills on time

Payments
₹2,473.39 crFY 2023-24
+67%2023–2024
2,280-9% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
5postings · last posted Sep 2026

Platform providing digital gold savings plans and online gold purchases

Investment tech
₹2,450.70 crFY 2024-25
+4244%2024–2025
935+50% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted Feb 2026

Provider of loans, credit cards, gold investment, insurance, and UPI

Alternative lending
₹2,378.53 crFY 2024-25
+71%2024–2025
1,248+35% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
6postings · last posted Sep 2026

A fintech company offering banking networks and smart card manufacturing solutions

Payments
₹1,120.27 crFY 2024-25
+7%2024–2025
444LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 2026

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

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

Provider of online personal and business loans, and purchase financing

Alternative lending
₹880.10 crFY 2024-25
+83%2024–2025
399+29% 12 mo to Aug 2023recorded Aug 2023
9 yr2017
0none in 3 months

Provider of software solutions, IT services, and financial inclusion products

Payments
₹770.69 crFY 2023-24
+40%2023–2024
865LinkedIn · Jul 2026
44 yr1982
0none in 3 months · last posted Feb 2026

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

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

Provider of AI-driven platform for financial analysis, verification, and decisioning

Insurance it
₹708.65 crFY 2024-25
Not reported
1,573LinkedIn · Jul 2026
18 yr2008
1postings · last posted Jul 2026

Platform providing personal loans, business loans, and loans against property

Alternative lending
₹682.12 crFY 2024-25
-3%2024–2025
1,821-38% 12 mo to Aug 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of payment gateway and payouts, and identity verification services

Payments
₹640.74 crFY 2024-25
-1%2024–2025
941-8% 12 mo to Jul 2024LinkedIn · Jul 2026
11 yr2015
16postings · last posted Sep 2026

Provider of e-commerce financing and lending solutions

Alternative lending
₹508.24 crFY 2024-25
-13%2024–2025
—Not available
11 yr2015
0none in 3 months

Provider of financial services focused on livelihood advancement for underserved communities

Alternative lending
₹394.58 crFY 2024-25
+57%2024–2025
147+53% 12 mo to Jul 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of online supermarket services for small-town retailers

Payments
₹360.78 crFY 2024-25
+45%2024–2025
220-19% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

A personal loan and financial solutions provider

Service providers to banks
₹355.02 crFY 2024-25
+41%2024–2025
434+7% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Online trading and investment platform for stocks

Investment tech
₹312.96 crFY 2024-25
+5%2024–2025
530+14% 12 mo to Jun 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Platform offering online personal loans with minimal documentation

Alternative lending
₹278.49 crFY 2024-25
+52%2024–2025
979+52% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
1postings · last posted Aug 2026
50 of 1,767 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,767 fintech companies in Karnataka on Radar

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

Open fintech in Karnataka on Radar
  • Every company, not just 50All 1,767 fintech companies in Karnataka, 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.
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Explore fintech companies in Karnataka by what you are looking for

Browse the top fintech companies in Karnataka, including fintech companies in Bangalore across trading, lending and payments. You can also find fintech startups in Karnataka and compliance technology providers.

9 ways to explore fintech in Karnataka

Investing & trading platformsDigital lending & loan companiesPayment companies & gatewaysAccounting, tax & spend management softwareBanking technology & regtechCrypto, blockchain & NFT companies

Investing & trading platforms

Apps and brokers for stocks, mutual funds and wealth management.

  1. Zerodha

    Broker-based online trading and investment platform

    Investment tech
    See in list
  2. Groww

    Provider of an online platform for investments and trading services

    Investment tech
    See in list
  3. Paytm Money

    App-based platform for investments in mutual funds, stocks, and ETFs

    Investment tech
    See in list
  4. Coin

    Online platform to invest in direct mutual funds

    Investment tech
    See in list
  5. StockGro

    Operator of a stock market advisory platform

    Investment tech
    See in list

Digital lending & loan companies

Online lenders offering personal, business and gold loans.

  1. Credit Saison

    Provider of diverse financial products and lending solutions for businesses and individuals

    Alternative lending
    See in list
  2. Navi

    Provider of financial products including UPI, loans, insurance, and mutual funds

    Payments
    See in list
  3. Moneyview

    Provider of loans, credit cards, gold investment, insurance, and UPI

    Alternative lending
    See in list
  4. Whizdm Finance

    Provider of online personal and business loans, and purchase financing

    Alternative lending
    See in list
  5. KreditBee

    Platform providing personal loans, business loans, and loans against property

    Alternative lending
    See in list

Payment companies & gateways

Companies offering payment gateways, wallets and bill payments.

  1. Bijli Mitra

    App-based platform for consumer bill payments

    Payments
    See in list
  2. Razorpay

    Provider of payment and business banking solutions for enterprises

    Payments
    See in list
  3. Navi

    Provider of financial products including UPI, loans, insurance, and mutual funds

    Payments
    See in list
  4. CRED

    Fintech platform that rewards users for paying credit card bills on time

    Payments
    See in list
  5. Manipal Payment and Identity Solutions

    A fintech company offering banking networks and smart card manufacturing solutions

    Payments
    See in list

Accounting, tax & spend management software

Software for accounting, invoicing, tax filing and expenses.

  1. Tally Solutions

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

    Enterprise resource planning
    See in list
  2. ClearTax

    Provider of tax and financial solutions for individuals and businesses

    Finance & accounting tech
    See in list
  3. Clear

    Technology-enabled accounting and finance solutions for SMBs

    Finance & accounting tech
    Website
  4. Vyapar

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

    Finance & accounting tech
    Website
  5. Karbon

    Provider of international payment and corporate expense management solutions

    Digital remittance
    Website
267 companies in Karnataka

Banking technology & regtech

Software for banks, KYC, compliance and credit decisioning.

  1. Razorpay

    Provider of payment and business banking solutions for enterprises

    Payments
    See in list
  2. Perfios

    Provider of AI-driven platform for financial analysis, verification, and decisioning

    Insurance it
    See in list
  3. i-exceed

    Developer of digital banking platform offering solutions for financial institutions

    Banking tech
    See in list
  4. Signzy Technologies

    Provider of identity verification and compliance platform with various API stacks

    Regtech
    See in list
  5. HyperVerge

    Provider of end-to-end KYC software and identity verification solutions

    Artificial intelligence
    See in list

Crypto, blockchain & NFT companies

Crypto exchanges, blockchain infrastructure and NFT platforms.

  1. CoinSwitch

    Broker-based online crypto trading and exchange platform

    Cryptocurrencies
    See in list
  2. GARI

    Crypto-based social media platform

    Social platforms
    Website
  3. RentalCoins

    Online blockchain-based P2P aggregator for car rentals

    Cryptocurrencies
    Website
  4. Defy

    Provider of a social crypto exchange platform

    Cryptocurrencies
    Website
  5. Nord Finance

    Decentralized ecosystem for financial products

    Blockchain infrastructure
    Website

Insurance technology companies

Platforms and software for insurance policies and claims.

  1. Digit Insurance

    Provider of general and life insurance products across various categories

    Internet first insurance platforms
    See in list
  2. ACKO

    Provider of car, bike, health, life, and travel insurance policies

    Auto e-commerce & content
    See in list
  3. Navi

    Provider of financial products including UPI, loans, insurance, and mutual funds

    Payments
    See in list
  4. Exdion

    Digital transformation and automation for the insurance and healthcare sectors

    Insurance it
    Website
  5. Plum

    Provider of employee health benefits and insurance plans for businesses

    Employer insurance
    Website

Fintech startups in Karnataka

Newer fintech companies founded in recent years.

  1. Jar

    Platform providing digital gold savings plans and online gold purchases

    Investment tech
    See in list
  2. Stockify

    Provider of investment services for pre-IPO unlisted shares

    Investment tech
    See in list
  3. Chace

    Provider of website maintenance services

    Banking tech
    Website
  4. GARI

    Crypto-based social media platform

    Social platforms
    Website
  5. Stable Money

    Provider of platform for booking fixed deposits from various banks

    Investment tech
    Website
671 companies in Karnataka

Fintech companies hiring in Karnataka

Fintech companies with open jobs right now.

  1. Zerodha

    Broker-based online trading and investment platform

    Investment tech
    See in list
  2. Groww

    Provider of an online platform for investments and trading services

    Investment tech
    See in list
  3. Razorpay

    Provider of payment and business banking solutions for enterprises

    Payments
    See in list
  4. ACKO

    Provider of car, bike, health, life, and travel insurance policies

    Auto e-commerce & content
    See in list
  5. Credit Saison

    Provider of diverse financial products and lending solutions for businesses and individuals

    Alternative lending
    See in list
60 companies in Karnataka
Mobile reach

Top 10 fintech apps from Karnataka

The most-installed Android apps published by fintech companies headquartered in Karnataka — 746.5M installs between them. 303 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Navi: UPI, Payments, Insurance

by Navi

Installs178.6M
Rating4.475.6M ratings
Last updatedMay 2026
View on Google Play ↗
Navi: UPI, Payments, Insurance screenshot 1Navi: UPI, Payments, Insurance screenshot 2Navi: UPI, Payments, Insurance screenshot 3Navi: UPI, Payments, Insurance screenshot 4Navi: UPI, Payments, Insurance screenshot 5
2

Groww Stock, Mutual Fund, Gold

by Groww

Installs134.8M
Rating4.942.3M ratings
Installs, year on year+36%
Last updatedJun 2026
View on Google Play ↗
Groww Stock, Mutual Fund, Gold screenshot 1Groww Stock, Mutual Fund, Gold screenshot 2Groww Stock, Mutual Fund, Gold screenshot 3Groww Stock, Mutual Fund, Gold screenshot 4Groww Stock, Mutual Fund, Gold screenshot 5Groww Stock, Mutual Fund, Gold screenshot 6
3

Khatabook Credit Account Book

by Khatabook

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

CRED: Credit Cards, Bills, UPI

by CRED

Installs68.7M
Rating4.753.0M ratings
Installs, year on year+24%
Last updatedMay 2026
View on Google Play ↗
CRED: Credit Cards, Bills, UPI screenshot 1CRED: Credit Cards, Bills, UPI screenshot 2CRED: Credit Cards, Bills, UPI screenshot 3CRED: Credit Cards, Bills, UPI screenshot 4CRED: Credit Cards, Bills, UPI screenshot 5CRED: Credit Cards, Bills, UPI screenshot 6
5

FamApp by Trio: UPI & Card

by FamApp

Installs61.3M
Rating4.152.9M ratings
Last updatedJun 2026
View on Google Play ↗
FamApp by Trio: UPI & Card screenshot 1FamApp by Trio: UPI & Card screenshot 2FamApp by Trio: UPI & Card screenshot 3FamApp by Trio: UPI & Card screenshot 4FamApp by Trio: UPI & Card screenshot 5FamApp by Trio: UPI & Card screenshot 6
6

super.money - UPI by Flipkart

by Super.Money

Installs52.2M
Rating4.372.2M ratings
Last updatedMay 2026
View on Google Play ↗
super.money - UPI by Flipkart screenshot 1super.money - UPI by Flipkart screenshot 2super.money - UPI by Flipkart screenshot 3super.money - UPI by Flipkart screenshot 4super.money - UPI by Flipkart screenshot 5super.money - UPI by Flipkart screenshot 6
7

Jar:Save Money in Digital Gold

by Jar

Installs50.5M
Rating4.121.9M ratings
Installs, year on year+72%
Last updatedJun 2026
View on Google Play ↗
Jar:Save Money in Digital Gold screenshot 1Jar:Save Money in Digital Gold screenshot 2Jar:Save Money in Digital Gold screenshot 3Jar:Save Money in Digital Gold screenshot 4Jar:Save Money in Digital Gold screenshot 5Jar:Save Money in Digital Gold screenshot 6
8

GoodScore: Credit Score App

by GoodScore

Installs36.2M
Rating5.0618K ratings
Installs, year on year+184%
Last updatedJun 2026
View on Google Play ↗
GoodScore: Credit Score App screenshot 1GoodScore: Credit Score App screenshot 2GoodScore: Credit Score App screenshot 3GoodScore: Credit Score App screenshot 4GoodScore: Credit Score App screenshot 5GoodScore: Credit Score App screenshot 6
9

Zerodha Kite - Trade & Invest

by Zerodha

Installs34.3M
Rating4.34388K ratings
Last updatedMay 2026
View on Google Play ↗
Zerodha Kite - Trade & Invest screenshot 1Zerodha Kite - Trade & Invest screenshot 2Zerodha Kite - Trade & Invest screenshot 3Zerodha Kite - Trade & Invest screenshot 4Zerodha Kite - Trade & Invest screenshot 5Zerodha Kite - Trade & Invest screenshot 6
10

StockGro: Expert Insights

by StockGro

Installs33.8M
Rating—
Installs, year on year+38%
Last updatedJun 2026
View on Google Play ↗
StockGro: Expert Insights screenshot 1StockGro: Expert Insights screenshot 2StockGro: Expert Insights screenshot 3StockGro: Expert Insights screenshot 4StockGro: Expert Insights screenshot 5StockGro: Expert Insights screenshot 6
The business behind the activity

FinTech financials in Karnataka

Revenue, profit and growth from the filed annual accounts of 523 fintech companies in Karnataka for FY24-25 — 674 of the 1,767 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 74% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹59,925.00 cr

523 companies filing accounts

combined net profit₹2,956.82 cr

4.9% aggregate margin

are profitable40%

210 of 523 companies

median revenue~₹2.9 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five74%

revenue concentration

Six-year view

Combined revenue of filing companies

₹26,687.28 crFY19-20299 filers
₹27,821.73 crFY20-21339 filers
₹30,655.67 crFY21-22398 filers
₹39,089.26 crFY22-23452 filers
₹60,848.44 crFY23-24524 filers
₹59,925.00 crFY24-25523 filers

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

Like-for-like

The same 376 companies over three years

+19%
FY22-23₹34,407.87 cr−₹2,990.84 cr net
FY23-24₹39,795.72 cr−₹3,397.07 cr net
FY24-25₹40,960.73 cr−₹3,314.02 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 cr17620% profitable
₹1–10 cr18346% profitable
₹10–100 cr12252% profitable
₹100–1,000 cr3658% profitable
Over ₹1,000 cr683% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking146
0–20%89
20–50%71
50–100%48
Doubled+107

461 companies with accounts for both years; median growth +19%.

Profitability

Profit is concentrated at the top

210profitable
312loss-making
4.9%aggregate margin
-13.5%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
InPrime FinservSTK CREDIT PRIVATE LIMITED₹10.06 cr
Viva MoneyVIVAMONEY SOLUTIONS PRIVATE LIMITED+564%₹12.49 cr
PowerEdgePOWEREDGE ANALYTICS AND SERVICES PRIVATE LIMITED₹11.20 cr
EdgroEDGRO FINANCE PRIVATE LIMITED+539%₹50.86 cr
CheQCHEQ DIGITAL PRIVATE LIMITED₹86.14 cr
Finnable Credit, FinnableFINNABLE CREDIT PRIVATE LIMITED+433%₹49.45 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
FstacSTACKPE TECHNOSOLUTIONS PRIVATE LIMITED53.9%₹24.01 cr
GrowwBILLIONBRAINS GARAGE VENTURES LIMITED51.3%₹2,910.18 cr
Power of StocksPOWER OF STOCKS PRO CONSULTING PRIVATE LIMITED49.9%₹15.67 cr
RupeezyASTHA CREDIT AND SECURITIES PRIVATE LIMITED
ZerodhaZERODHA BROKING LIMITED47.9%₹8,834.45 cr
CelerixCELERIX INFOTECH PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Payments60₹31,225.38 cr~₹3.9 cr35%-8.1%
Investment tech158₹14,451.16 cr~₹1.5 cr40%34.1%
Alternative lending76₹8,769.38 cr~₹5.3 cr33%18.1%
Banking tech50₹1,270.64 cr~₹8.0 cr55%-32.9%
Hrtech6₹823.60 cr~₹48.4 cr33%-12.6%
Finance & accounting tech56₹373.40 cr~₹84 lakh43%-32.7%
Grc software6₹223.62 cr~₹7.1 cr50%10.3%
Data as a service6₹160.61 cr~₹1.1 cr0%-13.9%
Leaders

Largest fintech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Bijli MitraJAIPUR VIDYUT VITRAN NIGAM LIMITED₹28,681.64 cr−₹706.49 cr-2.5%-2%
ZerodhaZERODHA BROKING LIMITED₹8,834.45 cr₹4,231.60 cr47.9%-11%
GrowwBILLIONBRAINS GARAGE VENTURES LIMITED₹2,910.18 cr₹1,491.56 cr51.3%+38%
Credit SaisonKISETSU SAISON FINANCE (INDIA) PRIVATE LIMITED₹2,703.21 cr₹1,073.37 cr39.7%—
MoneyviewMONEYVIEW LIMITED₹1,508.80 cr₹164.02 cr10.9%+42%
Sayyam InvestmentsSAYYAM INVESTMENTS PRIVATE LIMITED₹1,166.61 cr₹304.73 cr
Whizdm FinanceWHIZDM FINANCE PRIVATE LIMITED₹880.10 cr₹81.36 cr9.2%+83%
Tally SolutionsTALLY SOLUTIONS PRIVATE LIMITED₹718.91 cr2.1%+10%
KreditBeeFINNOVATION TECH SOLUTIONS PRIVATE LIMITED₹682.12 cr₹237.02 cr34.7%-3%
XoxodayNREACH ONLINE SERVICES PRIVATE LIMITED₹604.60 cr₹6.65 cr1.1%+1%
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 Karnataka 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 Karnataka
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 Karnataka 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, Karnataka34

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 Karnataka

28Acquisition
5Merger
1Completed

Most active acquirers

  1. Perfios5
  2. Groww2
  3. Makemytrip2
  4. Scripbox1
  5. Freo1

Most acquired or merged

  1. Fisdom3
  2. Infinyte club2
  3. Faarms2
  4. Bluechip Capital1
  5. Indialends1

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

Go deeper in the fintech landscape reports:

Fintech Industry Landscape of India

FinTech funding in Karnataka

375 fintech companies in Karnataka have recorded equity funding, US$10.27bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Karnataka

Meet the people behind fintech companies in Karnataka. 1,086 of 1,767 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Karnataka fintech companies by sub-sector

The most common specialisations among fintech companies in Karnataka. 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