Company lists
The Surat edition · 2026

FinTechcompanies in Surat

Trading & investing, accounting, lending, payments, insurance and more: the companies building fintech in Surat, Gujarat, with their founders, funding, team size and business models.

121 company profiles26 with reported revenue5 with recorded fundingOctober 2026 edition
Surat · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent fintech business events in India

Funding, M&A, contract wins and launches involving 14,968 fintech companies in India, last 24 months: 269 funding rounds · 229 M&A deals · 144 launches · 130 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractMaintenance

Steag energy services · client: Bharat

STEAG Energy Services (India), a wholly-owned stepdown subsidiary of the Company has been awarded an order from Bharat Aluminium Company regarding '1740 MW Power Plant Operations and…

Infrastructure
FundingSeries Funding

Paytm

Digital payments major Paytm is looking at raising another round of funding of $1 billion, and is in discussion with multiple investors, including former UK Prime Minister David Cameron,…

Investors David Cameron
Digital payments
M&AAcquisition · Completed

Clayfin acquires Louie voice

Clayfin, a provider of digital banking and customer experience solutions for financial institutions, has acquired Louie Voice, providers of a voice banking platform that enables users to…

Voice banking platform
LaunchAI-powered Gold Purity Evaluation Machine

Augmont

Augmont has launched an AI-powered Gold Purity Evaluation Machine at its Poonamallee Gold Loan branch in Chennai, Tamil Nadu, as part of its efforts to digitize and streamline gold…

Gold Loan / Gold Assessment
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 · Completed

Elevation capital acquires One97 communications

Elevation Capital V Limited has made a sale of equity shares of One97 Communications Limited (parent company of PayTM) on the NSE and BSE for an aggregate consideration of ₹963.6 crore.

M&AAcquisition · Announced

Oxyzo acquires GoldenPi Technologies

Oxyzo has approved the full acquisition of GoldenPi Technologies and its subsidiary GoldenPi Securities through a share-swap deal worth ₹42.4 crore (around $4.4 million).

Fixed-income investment platform
M&AAcquisition · Completed

Ran Ventures acquires Zaggle

RAN Ventures purchased 1 Lakh equity shares of Zaggle from the open market on May 18, taking its stake in the company to 44.23% from 44.15%.

Fintech SaaS
M&AAcquisition · Completed

Raise financial services acquires GreenLife Insurance Broking Private Limited

Raise Financial Services has acquired GreenLife Insurance Broking Private Limited in a cash-and-stock transaction, marking the company's entry into India's insurance distribution market.

Insurance
M&AAcquisition · Completed

Raise financial services acquires GreenLife Insurance Broking

Raise Financial Services, the holding company of the stock trading platform Dhan, has recently acquired GreenLife Insurance Broking as part of its formal entry into the insurance…

Insurance
M&AAcquisition · Announced

Raise Financial acquires GreenLife Insurance

Raise Financial, parent of online stock broking platform Dhan, has acquired GreenLife Insurance, its third buyout in just over a year, marking its entry into insurance broking. The…

Insurance broking
M&AAcquisition · Announced

Zaggle Prepaid Ocean Services acquires Dice

Zaggle Prepaid Ocean Services Ltd, a spend management solutions company, has said that its board has approved the transaction structure for the strategic acquisition of DICE. Zaggle has…

AI Spend Management Platform
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
M&AAcquisition · Completed

Pine labs acquires Shopflo Technologies

Obhan Mason, a leading law firm, was lead legal counsel to Pine Labs, a leading merchant commerce platform, on its acquisition of Shopflo Technologies, a SaaS-based online checkout…

SaaS-based online checkout platform
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
M&AAcquisition · Announced

Pine labs acquires Shopflo

Pine Labs’ ₹88 crore acquisition of Shopflo

Fintech
FundingSeries A

Credilio

Fintech startup Credilio has raised ₹100 Cr (about $10.5 Mn) in its Series A funding round led by existing backer Cornerstone Ventures, with participation from Shepherd Hill, Roots…

Investors Cornerstone ventures, Shepherd Hill, Roots Ventures, ESV-Arthya AIF
Fintech
M&AAcquisition · Completed

String acquires Spacenet enterprises

Spacenet Enterprises India Limited has successfully completed the sale of equity shares in String Metaverse Limited through the offer for sale mechanism.

Metaverse
LaunchFintra

Aurionpro Solutions

"Aurionpro Solutions Limited has introduced Fintra, an artificial intelligence (AI)-native platform designed to automate trade finance workflows while retaining human oversight at key…

AI-powered trade finance platform
LaunchEMACH.ai Retail 6DX platform

Intellect design arena

Homegrown fintech solutions firm Intellect Design Arena Ltd on Thursday announced the deployment of its eMACH.ai Retail 6DX platform for OnCost, a Kuwait-based FMCG retailer, across its…

Retail Operations
LaunchIntegration with Banking Connect

Decentro

Decentro is ready to launch its integration with Banking Connect—the netbanking payment framework offered by NPCI Bharat BillPay Ltd— designed to simplify netbanking workflows while…

Netbanking payment integration
ContractService

Zaggle Prepaid Ocean Services · client: Generali Central Insurance Company

Generali Central Insurance Company will now have access to the Zaggle Zoyer platform, thanks to an arrangement announced by Zaggle Prepaid Ocean Services.

Spend management
FundingRight issue

5paisa capital

Digital Investment Platform 5Paisa Capital has successfully completed its right issue of Rs 468.8 crore. The company’s right issue got a total of 1.24 times subscription. According to…

Fintech
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.

Funding

GLAAS

Seasoned entrepreneur Devesh Sachdev has invested $5 million in GLAAS, an embedded credit platform for MSMEs, and joined the company as co-founder and Managing Director.

Investors Devesh Sachdev
Fintech
LaunchKonfir

Experian

Experian Experian, the global data and technology company, has announced the expansion of its verification capabilities in the UK with the addition of Konfir.

Verification
FundingPre-Series

Tartan

Fintech startup Tartan raised $4.5 milion in Pre-Series from 500 Global, InfoEdge Ventures, Naval Ravikant-backed AngelList Quant Fund, WorldQuant Ventures, Varanium GenNext Fund,…

Investors 500 global, InfoEdge Ventures, Naval Ravikant-backed AngelList Quant Fund, WorldQuant Ventures
Fintech
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
Funding

M-pesa

Vodacom has invested $28m to upgrade technology for its M-Pesa platform in Tanzania.

Investors Vodacom
Fintech (Mobile Money)

FinTech companies in Surat, by revenue

Browse fintech companies in Surat by reported revenue, one-year revenue growth, revenue model, age and stage. The 26 companies below are the largest by their most recent reported revenue among 26 fintech companies in Surat, Gujarat that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 26

Wealth management products distributor network

Investment tech
₹2,621.89 crFY 2024-25
Not reported
1,367+12% 12 mo to Aug 2024recorded Aug 2024
23 yr2003
0none in 3 months

Online trading platform for multiple markets

Investment tech
₹178.78 crFY 2024-25
+79%2024–2025
5LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Software solutions for financial firms

Investment tech
₹48.52 crFY 2024-25
+15%2024–2025
239+0% 12 mo to Aug 2024recorded Aug 2024
26 yr2000
1postings · last posted Aug 2026

Multi-asset trading platform

Investment tech
₹43.92 crFY 2024-25
-29%2024–2025
38+0% 12 mo to Nov 2022LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jul 2026

Provider of end-to-end solar solutions and financing options

Renewable energy tech
₹40.67 crFY 2024-25
+114%2024–2025
35LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of stock brokerage services for trading equities and derivatives

Investment tech
₹26.48 crFY 2024-25
-5%2024–2025
1,717LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Jul 2026

Online platform providing finance related learning courses

Investment tech
₹15.65 crFY 2024-25
+46%2024–2025
68LinkedIn · Jul 2026
7 yr2019
0none in 3 months

App-based lending solution for personal loans

Alternative lending
₹13.06 crFY 2024-25
-8%2024–2025
54-76% 12 mo to Sep 2024LinkedIn · Oct 2026
9 yr2017
0none in 3 months · last posted May 2026

Online bill payment platform for consumers

Payments
₹8.49 crFY 2021-22
Not reported
—Not available
4 yr2022
0none in 3 months

Payment management and invoicing platform for distributors and retailers

Payments
₹7.38 crFY 2024-25
Not reported
36LinkedIn · Oct 2026
10 yr2016
0none in 3 months

Provider of financial consultation and loan application services

Alternative lending
₹5.37 crFY 2024-25
+100%2024–2025
18LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of financial services for investment industry

Services for investment industry
₹5.21 crFY 2024-25
+70%2024–2025
76+31% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted Jul 2026

Provider of debt and equity financing solutions for MSMEs and startups

Alternative lending
₹4.96 crFY 2024-25
+244%2024–2025
8LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Online marketplace for cryptocurrency hardware wallet

Cryptocurrencies
₹4.19 crFY 2024-25
+0%2024–2025
1LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Agent-based payment solutions to businesses

Payments
₹3.91 crFY 2024-25
+2380%2024–2025
—Not available
8 yr2018
0none in 3 months

Customized ERP and payroll solutions provider for SMEs

Finance & accounting tech
₹1.75 crFY 2024-25
+5%2024–2025
19+10% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Fintech platform that enables consumers to pay utility bills, insurance premiums, and other recurring expenses online

Payments
₹1.41 crFY 2024-25
+15%2024–2025
—Not available
4 yr2022
0none in 3 months

GST, accounting, and billing software solutions

Finance & accounting tech
₹66.21 lakhFY 2024-25
+559%2024–2025
120LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Financial services company

Investment tech
₹45.43 lakhFY 2024-25
+589%2024–2025
—Not available
11 yr2015
0none in 3 months

Digital payment platform for merchants

Payments
₹30.43 lakhFY 2024-25
+92%2024–2025
2LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Portfolio management solutions for investors

Investment tech
₹30.33 lakhFY 2024-25
+2326%2024–2025
9LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Financial counselling and lending platform

Investment tech
₹16.04 lakhFY 2024-25
Not reported
—Not available
2 yr2024
0none in 3 months

Online consultation and loan provider

Alternative lending
₹14.08 lakhFY 2024-25
Not reported
—Not available
2 yr2024
0none in 3 months

Provider of an online platform for personal loan and business loan solutions

Alternative lending
₹12.93 lakhFY 2024-25
Not reported
—Not available
2 yr2024
0none in 3 months

Provider of virtual office solutions with free microsites, enabling professionals to manage 1:1 consultation bookings effortlessly

Finance & accounting tech
₹7.34 lakhFY 2024-25
Not reported
—Not available
8 yr2018
0none in 3 months
26 of 121 companies shown here · the full list is on Radar
Fliar Radar

Explore all 121 fintech companies in Surat on Radar

This page shows the top 26. Radar has the complete, filterable list with contacts and live company signals.

Open fintech in Surat on Radar
  • Every company, not just 50All 121 fintech companies in Surat, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore fintech companies in Surat by what you are looking for

Browse top fintech companies in Surat, from payments and lending platforms to accounting software and trading apps. You can also find fintech startups in Surat and companies that are hiring.

8 ways to explore fintech in Surat

Online trading & investment platformsAccounting, billing & GST software companiesLoan & alternative lending companiesPayment companies & bill payment platformsInsurance technology & comparison platformsDigital banking & cryptocurrency companies

Online trading & investment platforms

Stock broking, trading and wealth management platforms.

  1. NJ Wealth

    Wealth management products distributor network

    Investment tech
    See in list
  2. Arham Wealth

    Online trading platform for multiple markets

    Investment tech
    See in list
  3. Pure Broking

    Multi-asset trading platform

    Investment tech
    See in list
  4. Jainam Broking

    Provider of stock brokerage services for trading equities and derivatives

    Investment tech
    See in list
  5. Vijya Fintech

    Provider of financial services for investment industry

    Services for investment industry
    See in list

Accounting, billing & GST software companies

Accounting, invoicing and expense management software for businesses.

  1. Ducem

    Customized ERP and payroll solutions provider for SMEs

    Finance & accounting tech
    See in list
  2. Munim

    GST, accounting, and billing software solutions

    Finance & accounting tech
    See in list
  3. Lemon Labs

    Provider of accounting automation tools for bookkeeping, tax, audit, and compliance

    Finance & accounting tech
    Website
  4. Mera Office

    Provider of virtual office solutions with free microsites, enabling professionals to manage 1:1 consultation bookings effortlessly

    Finance & accounting tech
    See in list
  5. Bearbook

    Online accounting software for businesses

    Finance & accounting tech
    Website

Loan & alternative lending companies

Online lenders, loan comparison platforms and loan consultants.

  1. IBL Finance

    App-based lending solution for personal loans

    Alternative lending
    See in list
  2. Nowof Loan

    Provider of financial consultation and loan application services

    Alternative lending
    See in list
  3. Veloce Fintech

    Provider of debt and equity financing solutions for MSMEs and startups

    Alternative lending
    See in list
  4. Kredittap

    Online consultation and loan provider

    Alternative lending
    See in list
  5. Rupey Fincop

    Provider of an online platform for personal loan and business loan solutions

    Alternative lending
    See in list

Payment companies & bill payment platforms

Payment, wallet and utility bill payment solutions.

  1. Switchpay

    Online bill payment platform for consumers

    Payments
    See in list
  2. Kuberjee

    Payment management and invoicing platform for distributors and retailers

    Payments
    See in list
  3. MyPayMall

    Agent-based payment solutions to businesses

    Payments
    See in list
  4. Topay Tech

    Fintech platform that enables consumers to pay utility bills, insurance premiums, and other recurring expenses online

    Payments
    See in list
  5. Morsy Pay

    Digital payment platform for merchants

    Payments
    See in list

Insurance technology & comparison platforms

Platforms to compare, buy and manage insurance policies.

  1. MHARSH WEALTH

    Financial services company providing investment advisory services

    Internet first insurance platforms
    Website
  2. Massive Insurance Brokers

    Platform for buying and renewing insurance policies

    Internet first insurance platforms
    Website
  3. Insurego

    Provider of insurance agency management software

    Insurance it
    Website
  4. GoInsured

    Provider of insurance agency management software

    Insurance it
    Website
  5. iANCE

    Provider of industry analysis and insights for the insurance community

    Internet first insurance platforms
    Website

Digital banking & cryptocurrency companies

Digital banking platforms and crypto and NFT marketplaces.

  1. Digital Coin Price

    Crypto market data provider

    Internet first media
    Website
  2. Fincept

    Provider of fixed-rate investment plans and expense tracking mobile application

    Banking tech
    Website
  3. Bastionresearch

    Provider of a digital banking platform solution

    Banking tech
    Website
  4. GenzMiner

    Online platform that specializes in the sale and distribution of ASIC miners

    Blockchain infrastructure
    Website
  5. Urban Small Finance

    Provider of digital banking platform for individuals and businesses

    Banking tech
    Website

Fintech startups in Surat

Newer fintech companies founded in recent years.

  1. Solnce Energy

    Provider of end-to-end solar solutions and financing options

    Renewable energy tech
    See in list
  2. Switchpay

    Online bill payment platform for consumers

    Payments
    See in list
  3. Vijya Fintech

    Provider of financial services for investment industry

    Services for investment industry
    See in list
  4. Topay Tech

    Fintech platform that enables consumers to pay utility bills, insurance premiums, and other recurring expenses online

    Payments
    See in list
  5. Munim

    GST, accounting, and billing software solutions

    Finance & accounting tech
    See in list
57 companies in Surat

Fintech companies hiring in Surat

Fintech companies with open roles right now.

  1. NJ Technologies

    Software solutions for financial firms

    Investment tech
    See in list
  2. Pure Broking

    Multi-asset trading platform

    Investment tech
    See in list
  3. Jainam Broking

    Provider of stock brokerage services for trading equities and derivatives

    Investment tech
    See in list
  4. IBL Finance

    App-based lending solution for personal loans

    Alternative lending
    See in list
  5. Vijya Fintech

    Provider of financial services for investment industry

    Services for investment industry
    See in list
6 companies in Surat
Mobile reach

Top 10 fintech apps from Surat

The most-installed Android apps published by fintech companies headquartered in Surat — 8.2M installs between them. 27 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Kuberjee Agent: AEPS MATM App

by Kuberjee

Installs3.6M
Rating4.920K ratings
Installs, year on year+12%
Last updatedJun 2026
View on Google Play ↗
Kuberjee Agent: AEPS MATM App screenshot 1Kuberjee Agent: AEPS MATM App screenshot 2Kuberjee Agent: AEPS MATM App screenshot 3Kuberjee Agent: AEPS MATM App screenshot 4Kuberjee Agent: AEPS MATM App screenshot 5Kuberjee Agent: AEPS MATM App screenshot 6
2

NJ E-Wealth Account

by NJ Technologies

Installs2.8M
Rating4.0914K ratings
Installs, year on year+32%
Last updatedMay 2026
View on Google Play ↗
NJ E-Wealth Account screenshot 1NJ E-Wealth Account screenshot 2NJ E-Wealth Account screenshot 3NJ E-Wealth Account screenshot 4NJ E-Wealth Account screenshot 5NJ E-Wealth Account screenshot 6
3

Loan Ganakam

by Agent Crop

Installs556K
Rating4.0709 ratings
Installs, year on year+248%
Last updatedMay 2026
View on Google Play ↗
Loan Ganakam screenshot 1Loan Ganakam screenshot 2Loan Ganakam screenshot 3Loan Ganakam screenshot 4Loan Ganakam screenshot 5
4

Paidkiya - Pay rent holiday

by PaidKiya

Installs496K
Rating3.334K ratings
Installs, year on year+6%
Last updatedApr 2026
View on Google Play ↗
Paidkiya - Pay rent holiday screenshot 1Paidkiya - Pay rent holiday screenshot 2Paidkiya - Pay rent holiday screenshot 3Paidkiya - Pay rent holiday screenshot 4Paidkiya - Pay rent holiday screenshot 5Paidkiya - Pay rent holiday screenshot 6
5

Tradz by EquityPandit

by EquityPandit

Installs356K
Rating3.26K ratings
Installs, year on year+10%
Last updatedMar 2026
View on Google Play ↗
Tradz by EquityPandit screenshot 1Tradz by EquityPandit screenshot 2Tradz by EquityPandit screenshot 3Tradz by EquityPandit screenshot 4
7

Jainam Pro 2.0

by Jainam Broking

Installs137K
Rating4.21K ratings
Installs, year on year+19%
Last updatedSep 2025
View on Google Play ↗
Jainam Pro 2.0 screenshot 1Jainam Pro 2.0 screenshot 2Jainam Pro 2.0 screenshot 3Jainam Pro 2.0 screenshot 4Jainam Pro 2.0 screenshot 5Jainam Pro 2.0 screenshot 6
8

Munim Accounting and Billing

by Munim

Installs45K
Rating—
Last updatedJun 2026
View on Google Play ↗
Munim Accounting and Billing screenshot 1Munim Accounting and Billing screenshot 2Munim Accounting and Billing screenshot 3Munim Accounting and Billing screenshot 4Munim Accounting and Billing screenshot 5
9

ClickPe

by DailyPe

Installs43K
Rating—
Last updatedJun 2026
View on Google Play ↗
ClickPe screenshot 1ClickPe screenshot 2ClickPe screenshot 3ClickPe screenshot 4ClickPe screenshot 5ClickPe screenshot 6
The business behind the activity

FinTech financials in Surat

Revenue, profit and growth from the filed annual accounts of 21 fintech companies in Surat, Gujarat for FY24-25 — 26 of the 121 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 98% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,748.75 cr

21 companies filing accounts

combined net profit₹479.41 cr

17.4% aggregate margin

are profitable67%

14 of 21 companies

median revenue~₹3.9 cr

the typical company

median revenue growth+40%

into FY24-25

earned by the top five98%

revenue concentration

Six-year view

Combined revenue of filing companies

₹96.90 crFY19-207 filers
₹146.24 crFY20-219 filers
₹246.22 crFY21-2212 filers
₹1,791.21 crFY22-2316 filers
₹2,152.82 crFY23-2419 filers
₹2,748.75 crFY24-2521 filers

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

Like-for-like

The same 15 companies over three years

+53%
FY22-23₹1,790.50 cr₹254.55 cr net
FY23-24₹2,151.71 cr₹479.53 cr net
FY24-25₹2,743.32 cr₹480.49 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 cr617% profitable
₹1–10 cr989% profitable
₹10–100 cr475% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking3
0–20%4
20–50%3
50–100%3
Doubled+5

18 companies with accounts for both years; median growth +40%.

Profitability

Profit is concentrated at the top

14profitable
7loss-making
17.4%aggregate margin
0.9%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
Arham WealthARHAM WEALTH MANAGEMENT PRIVATE LIMITED+79%₹178.78 cr
Zebra LearnZEBRALEARN PRIVATE LIMITED+46%₹15.65 cr
NJ WealthNJ INDIAINVEST PRIVATE LIMITED+27%₹2,413.85 cr
NJ TechnologiesFINLOGIC TECHNOLOGIES INDIA PRIVATE LIMITED+15%₹48.52 cr
IBL FinanceIBL FINANCE LIMITED-8%₹13.06 cr
Pure BrokingPURE BROKING PRIVATE LIMITED-29%₹43.92 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Arham WealthARHAM WEALTH MANAGEMENT PRIVATE LIMITED39.6%₹178.78 cr
Pure BrokingPURE BROKING PRIVATE LIMITED27.3%₹43.92 cr
IBL FinanceIBL FINANCE LIMITED18.0%₹13.06 cr
NJ WealthNJ INDIAINVEST PRIVATE LIMITED16.5%₹2,413.85 cr
NJ TechnologiesFINLOGIC TECHNOLOGIES INDIA PRIVATE LIMITED0.3%₹48.52 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Investment tech9₹2,703.26 cr~₹15.7 cr56%17.7%
Leaders

Largest fintech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
NJ WealthNJ INDIAINVEST PRIVATE LIMITED₹2,413.85 cr₹398.74 cr16.5%+27%
Arham WealthARHAM WEALTH MANAGEMENT PRIVATE LIMITED₹178.78 cr₹70.85 cr39.6%+79%
NJ TechnologiesFINLOGIC TECHNOLOGIES INDIA PRIVATE LIMITED₹48.52 cr₹12.92 lakh0.3%+15%
Pure BrokingPURE BROKING PRIVATE LIMITED₹43.92 cr₹12.00 cr27.3%-29%
Zebra LearnZEBRALEARN PRIVATE LIMITED₹15.65 cr−₹3.12 cr-19.9%+46%
IBL FinanceIBL FINANCE LIMITED₹13.06 cr₹2.36 cr18.0%-8%
KuberjeeKUBERJEE TECH PRIVATE LIMITED₹7.38 cr₹55.80 lakh7.6%-19%
Nowof LoanNOWOFLN SERVICE INDIA PRIVATE LIMITED₹5.37 cr₹4.74 lakh0.9%+100%
Vijya FintechVIJYA FINTECH PRIVATE LIMITED₹5.21 cr−₹1.98 cr-38.0%+70%
EtherbitETHERBIT PRIVATE LIMITED₹4.19 cr₹8.08 lakh1.9%+0%
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 Surat 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 Surat
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 Surat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months105

US$1.04bn

equity rounds, last 24 months391

US$3.21bn

raised over five yearsUS$19.15bn

2,304 rounds in India

M&A deals, India229

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 India

203Acquisition
25Merger
1Completed

Most active acquirers

  1. Bharti Airtel28
  2. Zaggle Prepaid Ocean Services23
  3. Veefin solutions7
  4. Na7
  5. Experian6

Most acquired or merged

  1. Bharti Airtel9
  2. One97 communications5
  3. Mobileware technologies4
  4. Stratzy3
  5. Na3

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 Surat

5 fintech companies in Surat have recorded equity funding, US$5.38m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Surat

Meet the people behind fintech companies in Surat. 45 of 121 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Surat fintech companies by sub-sector

The most common specialisations among fintech companies in Surat. 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