Fintech · Mumbai, India

Best Fintech Companies in Mumbai

Updated 2026-06-15 · Ranked by funding & momentum

2227 indexable Fintech companies headquartered in Mumbai, India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $13.8B across 422 funded companies, including 8 unicorns.

2,227
Companies
$13.8B
Total Funding
422
Funded
8
Unicorns
8
Rounds (90d)

Ranked: Best Fintech companies in Mumbai

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 BlackSoil
Provider of alternative debt and supply chain financing solutions to businesses
$298.1M Series C Conventional Debt Mar 2026 82 2010 ↑ Active
2 Weaver
Provider of affordable housing finance, specializing in low-cost housing solutions
$326M Late Stage Unattributed Mar 2026 2025 ↑ Active
3 Aditya Birla Capital
Provider of loans, investments, insurance, UPI, and bill payment services
$838.6M Public Post IPO Aug 2025 789 2007 ↑ Active
4 Servify
AI powered product lifecycle management platform
$138.5M $852M
as of 2024
Series D Series D Dec 2025 422 2015 ↑ Active
5 IDFC First Bank
Commercial bank
$1.6B Public Post IPO Apr 2025 931 1997 ↑ Active
6 Idfy
Provider of a platform for identity verification and risk management
$58.8M $122.1M
as of 2024
Series F Series F Feb 2026 536 2011 ↑ Active
7 Auxilo
Provider of financial products focused on education loans and related services
$127.2M $380.8M
as of 2024
Series C Conventional Debt Nov 2025 392 2017 ↑ Active
8 Jupiter
Online platform offering a suite of financial services
$167.2M $645.1M
as of 2024
Series C Series C Oct 2025 415 2019 ↑ Active
9 Easy Home Finance
Provider of home loans and refinancing options
$61.3M $56.9M
as of 2023
Series C Series C Jan 2026 743 2017 ↑ Active
10 Avanse Financial Services Unicorn
Provider of financial services for education including loans and refinancing
$299.1M $1.1B
as of 2024
Acquired Conventional Debt Aug 2025 736 1992 ↑ Active
11 InCred Unicorn
Provider of financial services specializing in personal, education, and business loans
$317.5M $1B
as of 2023
Series D Conventional Debt Jul 2025 2,127 2016 ↑ Active
12 Branch
Provider of digital financial services including loans, transfers, payments, and investments
$105.2M Series C Venture Debt Oct 2025 204 2015 ↑ Active
13 Ecofy
Financial solutions for the electric vehicle, solar, and SME sectors
$10.8M Series B Conventional Debt May 2026 208 2022 ↑ Active
14 Mintoak
Digital payments and engagement solutions for MSMEs
$40M $116.8M
as of 2023
Series A Series A Dec 2025 134 2017 ↑ Active
15 Knight FinTech
A digital banking technology company that provides full-stack banking solutions for lending, treasury management, and supply chain finance
$32.8M Series A Series A Jan 2026 291 2019 ↑ Active
16 Monedo
Provider of financial services including consumer, healthcare, education, and SME finance
$311.7M $69.3M
as of 2022
Series A Series A Apr 2025 41 2017 ↑ Active
17 HFS
Provider of financial products including business, working capital, and MSME loans
$92M Late Stage PE Sep 2025 1,841 2005 ↑ Active
18 Dezerv
Wealth management platform offering financial planning and advisory service
$60M $205.4M
as of 2024
Series C Series C Oct 2025 286 2021 ↑ Active
19 Credila
Provider of financial resources for students pursuing higher education programs
$100M Acquired Post IPO Sep 2025 2006 ↑ Active
20 Bizongo
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
$252.6M $945.1M
as of 2023
Series E Series E Mar 2025 272 2015 ↑ Active
21 OneAssist
Provider of protection plans and repair services for electronic devices
$53.1M $193M
as of 2021
Series E Series E Sep 2025 295 2011 ↑ Active
22 Metafin
Provider of solar financing platform
$7M $15M
as of 2024
Series A Conventional Debt Mar 2026 83 2018 ↑ Active
23 FlexiLoans
Provider of business loans and financing solutions for small enterprises
$96.9M $110M
as of 2022
Acquired Series C Jun 2025 610 2016 ↑ Active
24 Tata Capital
Diversified non-banking financial company
$400M Public Conventional Debt Jan 2025 19,633 2007 ↑ Active
25 HomeCapital
Provider of resources and community for navigating the home buying process
$33.7M Series B Angel Sep 2025 92 2017 ↑ Active
26 Aerem
Solar financing, equipment procurement, and performance monitoring solutions
$8.2M $17.1M
as of 2023
Series A Series A Jan 2026 59 2018 ↑ Active
27 Coverfox Insurance
Provider of platform to compare and purchase various insurance policies online
$54.9M $80M
as of 2017
Series C Series C 2025 69 2013 ↑ Active
28 Raise Unicorn
Developer of financial service products and infrastructure for Indian residents
$25.9M $116.4M
as of 2021
Series B Series B Oct 2025 125 2021 ↑ Active
29 Jai Kisan
Fintech providing credit and financial solutions for farmers, retailers, and MSMEs
$85.6M $179.4M
as of 2023
Series B Series B Apr 2025 158 2017 ↑ Active
30 Trackk
Provider of digital stock market trading and investment analysis tools
$5M Seed Seed Feb 2026 2021 ↑ Active
31 Snapmint
Online retailer of electronics, appliances, fashion, and home and kitchenware
$42.3M $31.1M
as of 2022
Series B Series A 2025 177 2017 ↑ Active
32 Mintifi
Provider of supply chain financing solutions for small and medium enterprises
$169.9M $412.5M
as of 2023
Series E Series E Nov 2024 1,310 2017 ↑ Active
33 Kissht
Provider of personal loans, business loans, and loans against property
$132.6M $316.7M
as of 2024
Public Angel Dec 2024 693 2015 ↑ Active
34 NeoGrowth
Digital credit platform providing financial solutions to underserved small- and micro- retailers
$147.3M $122.5M
as of 2022
Series D Conventional Debt Nov 2024 783 2011 ↑ Active
35 CredAble
Provider of working capital solutions and supply chain finance programs
$60M $176.3M
as of 2023
Series B Series B Mar 2025 247 2017 ↑ Active
36 ProsParity
Financing platform for electric mobility
$2M $8.4M
as of 2024
Seed Seed Apr 2026 2023 ↑ Active
37 CapitalXB Finance
Provider of supply chain finance and business loans for small and medium enterprises
$15M Seed Seed Oct 2025 2023 ↑ Active
38 ValuEnable
CRM and insurance policy management solutions
$1.1M $6.7M
as of 2023
Seed Grant (prize money) May 2026 76 2021 ↑ Active
39 APAC Group
Diversified NBFI
$90M $289.9M
as of 2024
Series B Series B Jan 2025 1,351 2017 ↑ Active
40 Zype
Personal loans and a bill payment app for consumers
$17.7M Series B Conventional Debt Aug 2025 17 2022 ↑ Active
41 TruBoard
Provider of asset management software for real estate and energy
$2.7M $12.5M
as of 2022
Seed Seed Feb 2026 289 2020 ↑ Active
42 Saarathi Finance
Online lending marketplace connecting lenders and MSMEs
$41.3M Series A Series A May 2025 2024 ↑ Active
43 InCred Holdings
Corporate consultancy and advisory service provider
$28.8M Seed Angel Jun 2025 2011 ↑ Active
44 Eduvanz
Provider of financial assistance for education, career, and skills development
$37.4M $100.7M
as of 2022
Series B Series B Feb 2025 196 2016 ↑ Active
45 Zaggle
Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows
$2M $474.9M
as of 2022
Public Post IPO Dec 2025 401 2011 ↑ Active
46 Credit Fair
Platform offering solar financing solutions
$26.4M $22.9M
as of 2024
Seed Conventional Debt Feb 2025 125 2018 ↑ Active
47 CreditWise Capital
Provider of loans and vehicle-related services via digital platforms
$11.9M $68.6M
as of 2024
Series A Series A May 2025 476 2019 ↑ Active
48 Uniqus
Provider of accounting, risk, governance, environmental, social, and technology consulting
$22.5M Series C Series C Apr 2025 11 2022 ↑ Active
49 CarePal Group
Integrated healthcare financing platform, combining crowdfunding, lending, and health insurance distribution
$18.7M Series A Series A Feb 2025 779 2014 ↑ Active
50 PayMate
Provider of B2B payment automation and supply chain finance solutions
$55.8M $802.4M
as of 2023
Series E Series E Jul 2024 84 2006 ↑ Active

Top 12 Fintech companies in Mumbai

#1
BlackSoil Series C
$298.1M Raised
expand_more
#1

BlackSoil Series C

location_onMumbai, Maharashtra
Founded
2010
Employees
82
Funding raised
$298.1M
Stage
Series C

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.

Funding rounds (7 disclosed of 8)
Round Date Amount
Conventional Debt Mar 2026 $22M
Series C Dec 2025 $7.2M
Conventional Debt Mar 2024 $205.4M
Series C Mar 2024 $12.1M
Conventional Debt Apr 2023 $25M
Conventional Debt Jan 2022 $9.4M
2 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon s3amazon web servicesapache http servercdnjscloudflare+14
#2
Weaver Late Stage
$326M Raised
expand_more
#2

Weaver Late Stage

location_onMumbai, Maharashtra
Founded
2025
Funding raised
$326M
Stage
Late Stage

Provider of affordable housing finance, specializing in low-cost housing solutions.

Funding rounds (2 disclosed of 2)
Round Date Amount
Unattributed Mar 2026 $156M
Unattributed Aug 2025 $170M
Tech stack
amazon cloudfrontamazon s3amazon web servicesgoogle workspacehttp/3open graph+5
#3
$838.6M Raised
expand_more
#3

Aditya Birla Capital Public

location_onMumbai, Maharashtra
Founded
2007
Employees
789
Funding raised
$838.6M
Stage
Public

Provider of loans, investments, insurance, UPI, and bill payment services. They offer housing, personal, SME, business, gold, and property loans. Investment options include mutual funds, stocks, securities, and fixed deposits. Insurance offerings cover life, health, motor, pocket, and travel needs. The company also provides UPI and bill payment solutions.

Funding rounds (5 disclosed of 7)
Round Date Amount
Post IPO Aug 2025 Undisclosed
Conventional Debt Jan 2025 $95.9M
Post IPO Jun 2023 $366M
Post IPO Aug 2022 $83.1M
Post IPO Sep 2020 Undisclosed
Post IPO Feb 2020 $138.9M
1 earlier round — sign up free
Founders & key people
Tech stack
amazon albamazon cloudfrontamazon s3amazon web servicesamchartsangular+14
#4
Servify Series D
$138.5M Raised
expand_more
#4

Servify Series D

location_onMumbai, Maharashtra
Founded
2015
Employees
422
Funding raised
$138.5M
Valuation
$852M · 2024
Stage
Series D

Servify is a global product lifecycle management company that focuses on designing as well as administering custom product protection programs and exchange/upgrade programs for OEMs, telcos and retailers. Brands overwhelmingly select Servify as partner for their speed, flexibility, innovative product development, technology, compliance and underwriting expertise, and its ability to drive revenue and retention through

Funding rounds (15 disclosed of 15)
Round Date Amount
Series D Dec 2025 $7.5M
Series D Mar 2025 $7.7M
Venture Debt Aug 2024 $6M
Series D Aug 2024 $4.1M
Series D Apr 2023 $18.3M
Series D Jan 2023 $2.4M
9 earlier rounds — sign up free
Tech stack
amazon web servicesant designapple icloud mailaxioscart functionalitycdnjs+14
#5
$1.6B Raised
expand_more
#5

IDFC First Bank Public

location_onMumbai, Maharashtra
Founded
1997
Employees
931
Funding raised
$1.6B
Stage
Public

Commercial bank. The bank offers a wide range of personal and business banking products, including savings and current accounts, loans, investments, credit cards, and wealth management. It positions itself as a customer-centric, ethical, and technology-driven institution, aiming to build a world-class bank.

Funding rounds (3 disclosed of 4)
Round Date Amount
Post IPO Apr 2025 $878.4M
Post IPO Oct 2023 Undisclosed
Post IPO Apr 2021 $408.8M
Post IPO Jun 2020 $263.7M
Tech stack
adobe experience managerakamaiakamai bot managerakamai mpulseangularanimate.css+14
#6
Idfy Series F
$58.8M Raised
expand_more
#6

Idfy Series F

location_onMumbai, Maharashtra
Founded
2011
Employees
536
Funding raised
$58.8M
Valuation
$122.1M · 2024
Stage
Series F

Provider of a platform for identity verification and risk management. The platform offers tools for customer and workforce governance throughout their lifecycle. It focuses on frictionless onboarding, verifiable identities, and faster revenue generation. The platform aims to reduce onboarding friction, prevent fraud, and accelerate time-to-revenue. It helps detect and mitigate risk in real time, reducing financial an

Funding rounds (11 disclosed of 12)
Round Date Amount
Series F Feb 2026 $24.3M
Series E May 2024 $10.8M
Series E Mar 2024 $6.6M
Series D Sep 2021 $12.5M
Series A Aug 2020 $2.1M
Series A Jul 2018 $72.7K
6 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon s3amazon web servicesautoptimizecdnjscloudflare+14
#7
Auxilo Series C
$127.2M Raised
expand_more
#7

Auxilo Series C

location_onMumbai, Maharashtra
Founded
2017
Employees
392
Funding raised
$127.2M
Valuation
$380.8M · 2024
Stage
Series C

Provider of financial products focused on education loans and related services. The company facilitates funding for students pursuing education domestically and internationally. It also provides financial solutions for educational institutions, including infrastructure and construction loans. The organization offers loan refinancing options and products tailored to skill development programs.

Funding rounds (10 disclosed of 10)
Round Date Amount
Conventional Debt Nov 2025 $25.5M
Conventional Debt Feb 2025 $5.7M
Conventional Debt Jul 2024 $12M
Series C Jul 2024 $35.7M
Conventional Debt Feb 2024 $6M
Series C Jul 2023 $57.3M
4 earlier rounds — sign up free
Founders & key people
Tech stack
amazon web servicesangularant designapache http serveraws certificate manageraxios+14
#8
Jupiter Series C
$167.2M Raised
expand_more
#8

Jupiter Series C

location_onMumbai, Maharashtra
Founded
2019
Employees
415
Funding raised
$167.2M
Valuation
$645.1M · 2024
Stage
Series C

Online platform offering a suite of financial services. It offers a range of services, including banking, credit cards, lending, and investments. It allows users to manage all aspects of their money in one place.

Funding rounds (8 disclosed of 8)
Round Date Amount
Series C Oct 2025 $15M
Series C Jun 2024 $21.6M
Series C Mar 2023 $849.2K
Venture Debt Dec 2022 $12.1M
Series C Dec 2021 $87M
Series B Jun 2021 $50.9M
2 earlier rounds — sign up free
Founders & key people
Tech stack
amazon cloudfrontamazon web servicesapolloaws certificate managercloudflarecloudflare bot management+14
#9
$61.3M Raised
expand_more
#9

Easy Home Finance Series C

location_onMumbai, Maharashtra
Founded
2017
Employees
743
Funding raised
$61.3M
Valuation
$56.9M · 2023
Stage
Series C

Provider of home loans and refinancing options. They offer services such as pre-approved property searches and assistance throughout the home ownership journey. The company provides paperless processes and doorstep service for loan applications. It also offers resources related to policies, grievance procedures, and customer awareness.

Funding rounds (6 disclosed of 7)
Round Date Amount
Series C Jan 2026 $30M
Conventional Debt Sep 2025 Undisclosed
Series B Nov 2024 $35M
Series A Sep 2023 $7.9M
Angel Aug 2022 $1.2M
Series A Jun 2021 $15M
1 earlier round — sign up free
Tech stack
animate.cssapache http serverbootstrapcore-jsgodaddygoogle analytics+7
#10
Avanse Financial Services Unicorn Acquired
$299.1M Raised
expand_more
#10

Avanse Financial Services Unicorn Acquired

location_onMumbai, Maharashtra
Founded
1992
Employees
736
Funding raised
$299.1M
Valuation
$1.1B · 2024
Stage
Acquired

Provider of financial services for education including loans and refinancing. They offer financial products for students pursuing higher education. These products also include options for skill enhancement and executive education. Additionally, they provide financial assistance to educational institutions.

Funding rounds (15 disclosed of 15)
Round Date Amount
Conventional Debt Aug 2025 $200M
Series C Mar 2024 $120.3M
Conventional Debt Oct 2023 $145M
Series C Jan 2023 $96.8M
Conventional Debt Sep 2020 $15M
Conventional Debt Jul 2020 $33.4M
9 earlier rounds — sign up free
Tech stack
amazon albamazon cloudfrontamazon s3amazon web servicesant designapple icloud mail+14
#11
InCred Unicorn Series D
$317.5M Raised
expand_more
#11

InCred Unicorn Series D

location_onMumbai, Maharashtra
Founded
2016
Employees
2,127
Funding raised
$317.5M
Valuation
$1B · 2023
Stage
Series D

Provider of financial services specializing in personal, education, and business loans. The platform utilizes technology and data science for its suite of offerings. It provides loans tailored to meet financial needs within the lending industry. The company also offers resources related to regulatory compliance and consumer education.

Funding rounds (13 disclosed of 13)
Round Date Amount
Conventional Debt Jul 2025 $46.8M
Conventional Debt Mar 2025 $30M
Series D Nov 2023 $60.1M
Angel Feb 2022 $548K
Angel Mar 2021 $223.1K
Angel Sep 2020 $2.1M
7 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon s3amazon sesamazon web servicesangularapple icloud mail+14
#12
Branch Series C
$105.2M Raised
expand_more
#12

Branch Series C

location_onMumbai, Maharashtra
Founded
2015
Employees
204
Funding raised
$105.2M
Stage
Series C

Provider of digital financial services including loans, transfers, payments, and investments. It offers access to digital banking products through a smartphone application. The application facilitates sending and receiving funds, bill payments, and investment opportunities.

Funding rounds (10 disclosed of 12)
Round Date Amount
Venture Debt Oct 2025 Undisclosed
Series C Jul 2019 $5M
Conventional Debt Apr 2019 $100M
Series C Apr 2019 $70M
Conventional Debt Jan 2019 $4.9M
Conventional Debt Jul 2018 $3.5M
6 earlier rounds — sign up free

Recent signals in Mumbai Fintech

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Funding & investor landscape

Total raised
$13.8B
across these companies
Companies funded
422
with disclosed funding
Highest-funded
$1.6B raised

Most active investors

I IFC 17 investments in Fintech IB ICICI Bank 16 investments in Fintech QL QED Innovation Labs 16 investments in Fintech VC Venture Catalysts 14 investments in Fintech AL Angel List 12 investments in Fintech BV Blume Venture 12 investments in Fintech L LetsVenture 12 investments in Fintech S SBI 12 investments in Fintech TC Trifecta Capital 12 investments in Fintech VC Village Capital 12 investments in Fintech WC WestBridge Capital 11 investments in Fintech 1 100Unicorns 10 investments in Fintech

Notable founders in Mumbai Fintech

MB Mohinder Bansal Co-Founder BlackSoil · $298.1M raised
AB Ankur Bansal Co-Founder & MD BlackSoil · $298.1M raised
KR Kamal Rathi Co-Founder & CTPO Weaver · $326M raised
AK Anil Kothuri Co-Founder, MD and CEO Weaver · $326M raised
SB Satrajit Bhattacharya Co-Founder Weaver · $326M raised
VM Vishakha Mulye CEO Aditya Birla Capital · $838.6M raised
SP Sreevathsa Prabhakar Founder & CEO Servify · $138.5M raised
DT Deepak Tandon Co-Founder Wildflower Business Solutions Pvt Ltd IDFC First Bank · $1.6B raised
VV Vembu Vaidyanathan CEO & MD IDFC First Bank · $1.6B raised
KS Kaushik Shah Co-Founder Idfy · $58.8M raised
WR Wriju Ray Co-Founder & CBO Idfy · $58.8M raised
NH Narayanswamy Hariharan Co-Founder Idfy · $58.8M raised

Frequently asked questions

How many Fintech companies are there in Mumbai?
Radar tracks 2227 indexable Fintech companies headquartered in Mumbai, India, that meet our profile-completeness bar.
What is the total funding raised by Fintech companies in Mumbai?
The Fintech companies in Mumbai on this list have raised a combined $13.8B in disclosed equity funding across 422 funded companies.
Which is the highest-funded Fintech company in Mumbai?
IDFC First Bank is the highest-funded Fintech company in Mumbai, with $1.6B in disclosed equity funding.
How many Fintech companies in Mumbai are funded?
422 of the 2227 Fintech companies in Mumbai on this list have disclosed at least one equity funding round.
How many Fintech unicorns are there in Mumbai?
8 Fintech companies in Mumbai on this list are valued at $1B or more.
Who are the top investors in Mumbai Fintech companies?
The most active investors in Mumbai Fintech companies on this list include IFC, ICICI Bank, QED Innovation Labs, Venture Catalysts, Angel List.

Related company lists

Other sectors in Mumbai:

Fintech in other cities:

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-15.

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