Company lists
The Thane edition · 2026

FinTechcompanies in Thane

Investing & trading, payments, lending, banking & regtech, accounting & billing and more: the companies building fintech in Thane, Maharashtra, with their founders, funding, team size and business models.

90 company profiles28 with reported revenue6 with recorded fundingOctober 2026 edition
Thane · 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 · 227 M&A deals · 143 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 · 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 · 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

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 Thane, by revenue

Browse fintech companies in Thane by reported revenue, one-year revenue growth, revenue model, age and stage. The 28 companies below are the largest by their most recent reported revenue among 28 fintech companies in Thane, Maharashtra 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 28

App-based stock investment and research platform

Investment tech
₹2,231.29 crFY 2023-24
Not reported
1,172+9% 12 mo to Sep 2024recorded Sep 2024
31 yr1995
0none in 3 months · last posted Jul 2026

Broker-based online trading and investment platform

Investment tech
₹394.74 crFY 2023-24
+16%2023–2024
1,027+3% 12 mo to Mar 2024LinkedIn · Oct 2026
10 yr2016
1postings · last posted Sep 2026

Provider of digital payment solutions for banks, fintechs, and merchants

Grc software
₹180.62 crFY 2024-25
+39%2024–2025
421-45% 12 mo to Aug 2024LinkedIn · Oct 2026
13 yr2013
0none in 3 months

Fintech firm providing modular payment platforms and IT services

Payments
₹109.81 crFY 2024-25
+245%2024–2025
81+42% 12 mo to Feb 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Developer of an online factoring and reverse-factoring platform

Alternative lending
₹91.61 crFY 2024-25
+63%2024–2025
204+34% 12 mo to Jul 2024LinkedIn · Jul 2026
10 yr2016
4postings · last posted Sep 2026

Digital payment acceptance solution for businesses

Payments
₹72.91 crFY 2024-25
+7%2024–2025
—Not available
19 yr2007
0none in 3 months

Provider of API based applications for the insurance industry

Insurance it
₹63.86 crFY 2024-25
+108%2024–2025
177+135% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Mar 2026

Payment solutions provider offering a range of digital and cash payment options

Payments
₹41.88 crFY 2024-25
+115%2024–2025
13LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

White-label payment gateway solutions

Payments
₹28.36 crFY 2024-25
-71%2024–2025
253+93% vs previous recordrecorded
9 yr2017
0none in 3 months

Compliance solutions for digital financial businesses

Sales force automation
₹14.91 crFY 2024-25
-14%2024–2025
159-9% 12 mo to Aug 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Provider of risk management and verification services for businesses

Banking tech
₹10.07 crFY 2024-25
+27%2024–2025
62LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Health insurance claims support solutions for insurance holders, hospitals, and insurance agents

Internet first insurance platforms
₹6.16 crFY 2024-25
-26%2024–2025
126+26% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of diversified payment solutions for businesses

Payments
₹4.88 crFY 2024-25
Not reported
—Not available
2 yr2024
0none in 3 months

Analytical platforms for financial market investors, traders, and researchers

Investment tech
₹3.40 crFY 2024-25
-29%2024–2025
31-32% 12 mo to Jul 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

A supply chain finance infrastructure platform that enables businesses and financial institutions to manage end-to-end receivables and payables financing

Alternative lending
₹1.70 crFY 2024-25
+165%2024–2025
9LinkedIn · Jul 2026
2 yr2024
0none in 3 months

It offers utility bill payments and money transfer services

Payments
₹87.46 lakhFY 2024-25
+66%2024–2025
—Not available
4 yr2022
0none in 3 months

Provider of loan services and financial solutions for financial applications

Alternative lending
₹71.80 lakhFY 2024-25
Not reported
27LinkedIn · Jul 2026
18 yr2008
1postings · last posted Sep 2026

Agent-based service aggregator

Travel agencies
₹55.48 lakhFY 2024-25
+4%2024–2025
—Not available
13 yr2013
0none in 3 months

Insurance agency management solutions for the life insurance businesses

Insurance it
₹45.83 lakhFY 2024-25
+46%2024–2025
—Not available
25 yr2001
0none in 3 months

App-based platform for portfolio investment and management

Investment tech
₹45.02 lakhFY 2024-25
+116%2024–2025
3LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Attendance and payroll software for small and medium enterprises

Finance & accounting tech
₹43.73 lakhFY 2024-25
+0%2024–2025
—Not available
6 yr2020
0none in 3 months

AI-powered invoice management platform

Finance & accounting tech
₹39.04 lakhFY 2024-25
+18%2024–2025
2LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Digital lending platform offering working capital loans

Alternative lending
₹24.47 lakhFY 2024-25
-33%2024–2025
7LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Cloud-based automated trading solution

Investment tech
₹17.22 lakhFY 2024-25
+129%2024–2025
—Not available
6 yr2020
0none in 3 months

SaaS-based stock trading software

Investment tech
₹16.28 lakhFY 2024-25
+2%2024–2025
—Not available
5 yr2021
0none in 3 months
28 of 90 companies shown here · the full list is on Radar
Fliar Radar

Explore all 90 fintech companies in Thane on Radar

This page shows the top 28. Radar has the complete, filterable list with contacts and live company signals.

Open fintech in Thane on Radar
  • Every company, not just 50All 90 fintech companies in Thane, 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 Thane by what you are looking for

Find top fintech companies in Thane, from payments to online trading and lending. You can also see fintech startups in Thane, listed fintech companies and those hiring now.

9 ways to explore fintech in Thane

Investing, trading & wealth management platformsPayment companies & gatewaysDigital lending & loan platformsBanking technology, risk & compliance softwareAccounting, invoicing & tax filing softwareInsurtech & insurance software companies

Investing, trading & wealth management platforms

Online trading, stock research and wealth management platforms.

  1. IIFL Securities

    App-based stock investment and research platform

    Investment tech
    See in list
  2. 5paisa

    Broker-based online trading and investment platform

    Investment tech
    See in list
  3. Heckyl Technologies

    Analytical platforms for financial market investors, traders, and researchers

    Investment tech
    See in list
  4. Assetment

    App-based platform for portfolio investment and management

    Investment tech
    See in list
  5. Algosys

    Cloud-based automated trading solution

    Investment tech
    See in list

Payment companies & gateways

Payment gateways, bill payments, wallets and digital payment solutions.

  1. VizPay

    Fintech firm providing modular payment platforms and IT services

    Payments
    See in list
  2. JioPay

    Digital payment acceptance solution for businesses

    Payments
    See in list
  3. Toshani Digital

    Payment solutions provider offering a range of digital and cash payment options

    Payments
    See in list
  4. SafexPay

    White-label payment gateway solutions

    Payments
    See in list
  5. Lexio

    Provider of diversified payment solutions for businesses

    Payments
    See in list

Digital lending & loan platforms

Online lenders offering business loans, personal loans and supply chain finance.

  1. Invoicemart

    Developer of an online factoring and reverse-factoring platform

    Alternative lending
    See in list
  2. SCFPe

    A supply chain finance infrastructure platform that enables businesses and financial institutions to manage end-to-end receivables and payables financing

    Alternative lending
    See in list
  3. SalaryDost

    Provider of short-term, easy-to-access loans to salaried individuals

    Alternative lending
    Website
  4. Finirio

    Provider of loan services and financial solutions for financial applications

    Alternative lending
    See in list
  5. Visolent India

    Digital lending platform offering working capital loans

    Alternative lending
    See in list

Banking technology, risk & compliance software

Software for banks, credit risk, compliance and regulatory reporting.

  1. NPST

    Provider of digital payment solutions for banks, fintechs, and merchants

    Grc software
    See in list
  2. Celusion

    Compliance solutions for digital financial businesses

    Sales force automation
    See in list
  3. Crux

    Provider of risk management and verification services for businesses

    Banking tech
    See in list
  4. Heckyl Technologies

    Analytical platforms for financial market investors, traders, and researchers

    Investment tech
    See in list
  5. Neutrifino Analytics

    Developer of artificial intelligence engines for financial market analysis solutions

    Banking tech
    See in list

Accounting, invoicing & tax filing software

Accounting suites, invoicing, tax filing and payroll tools for businesses.

  1. Bill OK

    AI-powered invoice management platform

    Finance & accounting tech
    See in list
  2. Cyphersol

    Provider of accounting solution for tax consultants, accountants, and MSMEs

    Finance & accounting tech
    See in list
  3. EZO

    Online platform for bill and customer expense management

    Finance & accounting tech
    Website
  4. Camahendra

    CA firm offering audit, assurance, taxation, and management advisory services

    Finance & accounting tech
    Website
  5. EaseMyBill

    Web-based invoicing solution for businesses

    Finance & accounting tech
    Website
9 companies in Thane

Insurtech & insurance software companies

Software and platforms for insurers, agents and insurance comparison.

  1. Nvest

    Provider of API based applications for the insurance industry

    Insurance it
    See in list
  2. Bima Garage

    Health insurance claims support solutions for insurance holders, hospitals, and insurance agents

    Internet first insurance platforms
    See in list
  3. Spysoft Solutions

    Insurance agency management solutions for the life insurance businesses

    Insurance it
    See in list
  4. Turtlefin

    Provider of quoting software for insurance & mutual fund distributors

    Insurance it
    Website
  5. Tarslink

    Provider of property & casualty insurance across value-chain

    Insurance it
    Website

Listed fintech companies in Thane

Publicly listed fintech companies based in Thane.

  1. IIFL Securities

    App-based stock investment and research platform

    Investment tech
    See in list
  2. 5paisa

    Broker-based online trading and investment platform

    Investment tech
    See in list
  3. NPST

    Provider of digital payment solutions for banks, fintechs, and merchants

    Grc software
    See in list
3 companies in Thane

Fintech startups in Thane

Recently founded fintech companies in Thane.

  1. Lexio

    Provider of diversified payment solutions for businesses

    Payments
    See in list
  2. Aaba Pay

    It offers utility bill payments and money transfer services

    Payments
    See in list
  3. Assetment

    App-based platform for portfolio investment and management

    Investment tech
    See in list
  4. NSE Traders Den

    SaaS-based stock trading software

    Investment tech
    See in list
  5. Cyphersol

    Provider of accounting solution for tax consultants, accountants, and MSMEs

    Finance & accounting tech
    See in list
31 companies in Thane

Fintech companies hiring in Thane

Fintech companies in Thane with open roles.

  1. IIFL Securities

    App-based stock investment and research platform

    Investment tech
    See in list
  2. 5paisa

    Broker-based online trading and investment platform

    Investment tech
    See in list
  3. Invoicemart

    Developer of an online factoring and reverse-factoring platform

    Alternative lending
    See in list
  4. Nvest

    Provider of API based applications for the insurance industry

    Insurance it
    See in list
  5. Toshani Digital

    Payment solutions provider offering a range of digital and cash payment options

    Payments
    See in list
7 companies in Thane
Mobile reach

Top 8 fintech apps from Thane

The most-installed Android apps published by fintech companies headquartered in Thane — 21.7M installs between them. 8 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 8
1

5paisa: Stocks, MF, F&O App

by 5paisa

Installs19.9M
Rating4.27653K ratings
Installs, year on year+13%
Last updatedJun 2026
View on Google Play ↗
5paisa: Stocks, MF, F&O App screenshot 15paisa: Stocks, MF, F&O App screenshot 25paisa: Stocks, MF, F&O App screenshot 35paisa: Stocks, MF, F&O App screenshot 45paisa: Stocks, MF, F&O App screenshot 55paisa: Stocks, MF, F&O App screenshot 6
3

JioPay Business

by JioPay

Installs483K
Rating—
Last updatedNov 2025
View on Google Play ↗
JioPay Business screenshot 1JioPay Business screenshot 2JioPay Business screenshot 3JioPay Business screenshot 4JioPay Business screenshot 5JioPay Business screenshot 6
4

AabaPay - Credit Card Payments

by Aaba Pay

Installs305K
Rating—
Installs, year on year+45%
Last updatedDec 2025
View on Google Play ↗
AabaPay - Credit Card Payments screenshot 1AabaPay - Credit Card Payments screenshot 2AabaPay - Credit Card Payments screenshot 3AabaPay - Credit Card Payments screenshot 4AabaPay - Credit Card Payments screenshot 5AabaPay - Credit Card Payments screenshot 6
8

SCFPe - Business

by SCFPe

Installs11
Rating—
Last updatedApr 2025
View on Google Play ↗
SCFPe - Business screenshot 1SCFPe - Business screenshot 2SCFPe - Business screenshot 3
The business behind the activity

FinTech financials in Thane

Revenue, profit and growth from the filed annual accounts of 26 fintech companies in Thane, Maharashtra for FY24-25 — 30 of the 90 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 89% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹548.97 cr

26 companies filing accounts

combined net profit₹42.16 cr

7.7% aggregate margin

are profitable65%

17 of 26 companies

median revenue~₹71 lakh

the typical company

median revenue growth+7%

into FY24-25

earned by the top five89%

revenue concentration

Six-year view

Combined revenue of filing companies

₹194.31 crFY19-2019 filers
₹332.26 crFY20-2120 filers
₹559.20 crFY21-2220 filers
₹455.22 crFY22-2321 filers
₹427.22 crFY23-2424 filers
₹548.97 crFY24-2526 filers

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

Like-for-like

The same 21 companies over three years

+19%
FY22-23₹455.22 cr−₹32.65 cr net
FY23-24₹426.68 cr−₹20.79 cr net
FY24-25₹543.13 cr₹42.29 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 cr1464% profitable
₹1–10 cr450% profitable
₹10–100 cr667% profitable
₹100–1,000 cr2100% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking9
0–20%4
20–50%3
50–100%2
Doubled+5

23 companies with accounts for both years; median growth +7%.

Profitability

Profit is concentrated at the top

17profitable
9loss-making
7.7%aggregate margin
2.8%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
VizPayVIZPAY BUSINESS SOLUTION PRIVATE LIMITED+223%₹101.21 cr
Toshani DigitalTOSHANI PREMIUM DIGITAL SERVICES PRIVATE LIMITED+115%₹41.88 cr
InvoicemartA.TREDS LIMITED+63%₹91.61 cr
NPSTNetwork People Services Technologies Limited+39%₹180.31 cr
CruxCRUX RISK MANAGEMENT PRIVATE LIMITED+27%₹10.07 cr
JioPayJIO PAYMENT SOLUTIONS LIMITED+7%₹72.91 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
InvoicemartA.TREDS LIMITED41.1%₹91.61 cr
NPSTNetwork People Services Technologies Limited25.1%₹180.31 cr
CruxCRUX RISK MANAGEMENT PRIVATE LIMITED5.4%₹10.07 cr
Toshani DigitalTOSHANI PREMIUM DIGITAL SERVICES PRIVATE LIMITED2.5%₹41.88 cr
VizPayVIZPAY BUSINESS SOLUTION PRIVATE LIMITED2.0%₹101.21 cr
CelusionCELUSION TECHNOLOGIES PRIVATE LIMITED1.8%₹14.13 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Payments6₹238.32 cr~₹29.2 cr67%-15.5%
Investment tech7₹4.51 cr~₹17 lakh71%9.6%
Leaders

Largest fintech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
NPSTNetwork People Services Technologies Limited₹180.31 cr₹45.20 cr25.1%+39%
VizPayVIZPAY BUSINESS SOLUTION PRIVATE LIMITED₹101.21 cr₹2.03 cr2.0%+223%
InvoicemartA.TREDS LIMITED₹91.61 cr₹37.62 cr41.1%+63%
JioPayJIO PAYMENT SOLUTIONS LIMITED₹72.91 cr−₹38.22 cr-52.4%+7%
Toshani DigitalTOSHANI PREMIUM DIGITAL SERVICES PRIVATE LIMITED₹41.88 cr₹1.06 cr2.5%+115%
SafexPayTOURAS INDIA PRIVATE LIMITED₹16.57 cr−₹2.42 cr-14.6%-79%
CelusionCELUSION TECHNOLOGIES PRIVATE LIMITED₹14.13 cr₹25.88 lakh1.8%-16%
CruxCRUX RISK MANAGEMENT PRIVATE LIMITED₹10.07 cr₹54.49 lakh5.4%+27%
Bima GarageBG NETWORKS PRIVATE LIMITED₹6.16 cr−₹3.78 cr-61.5%-26%
LexioLEXIO PRIVATE LIMITED₹4.88 cr₹71.45 lakh14.6%—
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 Thane 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 Thane
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 Thane 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, India227

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

201Acquisition
25Merger
1Completed

Most active acquirers

  1. Bharti Airtel28
  2. Zaggle Prepaid Ocean Services21
  3. Veefin solutions7
  4. Na7
  5. Experian6

Most acquired or merged

  1. Bharti Airtel9
  2. One97 communications5
  3. Stratzy3
  4. Na3
  5. Indus towers3

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 Thane

6 fintech companies in Thane have recorded equity funding, US$17.85m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Thane

Meet the people behind fintech companies in Thane. 35 of 90 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Thane fintech companies by sub-sector

The most common specialisations among fintech companies in Thane. 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