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Radar · FinTech in Thane

Best FinTech Companies in Thane, India

The 48 best FinTech companies in Thane, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: 5paisa.

48companies tracked
$33.1Mdisclosed funding
0unicorns
8have raised
Sector wealth & growth · validated company filings
$198,278median revenue
+18%median YoY growth
$93.9Bcombined revenue pool
4,820companies reporting

Biggest earners Axis Bank Limited ($16.6B, +30% YoY), Augmont Enterprises Limited ($7.7B, +90% YoY), Mmtc - Pamp India Private Limited ($4.3B, -2% YoY), Anant Wealth Consultants Private Limited ($3.4B)

FLIAR INTELLIGENCE · FINTECH × THANE

Our analysis of 218 FinTech companies

$22.0b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.

218companies analysed
91%cloud-native stacks
2022funding peak (by rounds)
16unicorns
2017median founding year
488kcombined LinkedIn audience
93%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best FinTech companies in Thane

#CompanyRevenueRevenue YoYDisclosed fundingFounderEmployeesTech stackRecent signals
1IIFL Securities
App-based stock investment and research platform
$270M
FY2024
——Prashasta Seth
CEO
1,172TypeScriptFirebaseBootstrap+13—
2Turtlefin
Provider of quoting software for insurance & mutual fund distributors
$82M
FY2025
+482%—Dhirendra Mahyavanshi
Co-Founder & CEO
498WixSentryBootstrap+16—
35paisa
Broker-based online trading and investment platform
$48M
FY2024
+16%$16MGaurav Seth
CEO & Managing Director
548
548 → 1,007 (+84%)
TypeScriptGoogle Sign-inAmazon Web Services+241 launch
45P Invest
Alternative trading platform for investing in gold
$48M
FY2024
+16%—Gaurav Seth
CEO & Managing Director
———
5NPST
Provider of digital payment solutions for banks, fintechs, and merchants
$21M
FY2025
+39%—Savita Vashist
Co-Founder
293WordPressMySQLPHP+28—
6VizPay
Fintech firm providing modular payment platforms and IT services
$13M
FY2025
+245%—Sanjay Hansraj Jhabak
Co-Founder
61
61 → 81 (+33%)
BootstrapApache HTTP ServerPriority Hints+4—
7Invoicemart
Developer of an online factoring and reverse-factoring platform
$11M
FY2025
+63%—Prakash Sankaran
Managing Director & CEO
143
143 → 204 (+43%)
Apple iCloud MailMicrosoft 365VideoJS+10—
8JioPay
Digital payment acceptance solution for businesses
$9M
FY2025
+7%—A R Ramesh
CEO
—Cart FunctionalityNginxMobX+4—
9Nvest
Provider of API based applications for the insurance industry
$8M
FY2025
+108%—Sweta Jain
Co-Founder & CIO
47Windows ServerChart.jsBootstrap+13—
10SafexPay
White-label payment gateway solutions
$3M
FY2025
-71%$6MRavi Gupta
Co-Founder & CEO
253Tailwind CSSReactApache HTTP Server+8—
11SecuGen India
Provider of optical fingerprint systems
$2M
FY2025
——Won Lee
CEO
19WordPressMySQLPHP+20—
12Celusion
Compliance solutions for digital financial businesses
$2M
FY2025
-14%—Sridhar Kannan
Co-Founder
131
131 → 159 (+21%)
Windows ServerMicrosoft ASP.NETBootstrap+11—
13Mahagram
API-based corresponding banking solutions
$2M
FY2021
+44%——43——
14Bima Garage
Health insurance claims support solutions for insurance holders, hospitals, and insurance agents
$728K
FY2025
-26%$875KHemant Tiwari
Co-Founder & CDO
110
110 → 126 (+15%)
WordPress Block EditorElementorWordPress+24—
15Heckyl Technologies
Analytical platforms for financial market investors, traders, and researchers
$402K
FY2025
-29%$9MMukund Mudras
Co-Founder & CEO
21——
16SalaryDost
Provider of short-term, easy-to-access loans to salaried individuals
$182K
FY2021
-64%—Mrityunjay Shahi
Founder & CEO
———
17EZO
Online platform for bill and customer expense management
$120K
FY2025
+155%$111KRishikesh Sakarkar
Co-Founder & COO
152——

Top 8 FinTech companies in Thane

#1
Seed · Thane, Maharashtra · founded 2025
$1.2Mraised
▾

Provider of embedded financing platform for micro, small, and medium enterprises. The platform facilitates short-term working capital access with transparent fees and flexible repayment options. It offers digital merchant ecosystems seamless API integration and real-time analytics. The platform also provides lenders with access to underserved small businesses and digital-first lending solutions.

Funding rounds
  • Jan 2026Seed$1.2M
Founders & team
Som ChatterjeeCo-Founder & COO
Investors
Incubate Fund India, MVP, Atrium
#2
Public · Thane, Maharashtra · founded 2016 · 548 employees
$15.8Mraised
▾

Broker-based online trading and investment platform. It enables users to trade and invest in equity, commodities, F&O, metals, indices, mutual funds and more. It also offer a margin trading facility (MTF) at competitive interest rates, providing traders with added flexibility. It also provide mutual fund robo advisory service.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 128k LinkedIn followers — 26.3% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Apr 2021Post IPO$15.8M
Founders & team
Gaurav SethCEO & Managing Director
Investors
Ward Ferry, RIMCO, HWIC Asia Fund, Fairfax India Holdings, Fairbridge Capital
Tech stack
AkamaiAkamai Bot ManagerAkamai MpulseAmazon CloudfrontAmazon S3Amazon Web Services
#3
Series B · Thane, Maharashtra · founded 2010 · 21 employees
$9Mraised
▾

Analytical platforms for financial market investors, traders, and researchers. The platform delivers insights into past market behavior, present conditions, and potential future trends. It offers tools for news analysis, options analysis, market surveillance, trading, and technical and fundamental analysis. The platform uses a big data approach to help users understand financial markets by analyzing structured and unstructured data, including news, social media, and other data sources.

Funding rounds
  • Jun 2020Series B$72.7K
  • Oct 2017Series B$2.7M
  • Mar 2017Series B$916.7K
  • Dec 2013Series B$3.5M
Founders & team
Mukund MudrasCo-Founder & CEOJaison MathewsCo Founder - HeckylAbhijit VedakCo-Founder
Investors
Seedfund, Chiratae Ventures, Notion, FinTech SuperCharger, Microsoft Accelerator, Zone Startups India
#4
Series A · Thane, Maharashtra · founded 2017 · 253 employees
$6Mraised
▾

White-label payment gateway solutions. It is a fintech company that provides a converged payments platform for businesses, offering a range of payment solutions designed to facilitate transactions across multiple channels. The company's platform provides multiple payment modes, multiple banking partners, and security measures to ensure transactions. With a focus on customized payment solutions, it aims to help businesses boost their online sales and grow their customer base. It specializes in making payouts easy to manage for merchants. It offers a range of services, including bulk and single payments.

Funding rounds
  • Mar 2021Series A$6M
  • Aug 2019Seed$35.2K
Founders & team
Ravi GuptaCo-Founder & CEOAradhana GuptaCo-Founder & CPO
Investors
TIDES, T Choithrams BVI, Choithram International, RISE, IECS, Startup Reseau
Tech stack
AosApache Http ServerCloudflareFacebook PixelGoogle AnalyticsGoogle Tag Manager
#5
Seed · Thane, Maharashtra · founded 2018 · 110 employees
$875Kraised
▾

Health insurance claims support solutions for insurance holders, hospitals, and insurance agents. It offers solutions for claim processing, reimbursement claims, manages reconciliations, and more. It also offers all insurance & medical records management solutions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Funding rounds
  • Jul 2021Seed$692.2K
  • Jan 2020Seed$182.8K
Founders & team
Hemant TiwariCo-Founder & CDOSonal Sandesh MishraCo-FounderVaibhavi Devang ParmarCo-Founder
Investors
JCR Consulting
Tech stack
Cart FunctionalityCloudflareCloudflare Browser InsightsContact Form 7Core-JsElementor
#6
Seed · Thane, Maharashtra · founded 2022 · 152 employees
$111.2Kraised
▾

Online platform for bill and customer expense management

Funding rounds
  • Jul 2023Seed$569.3K
  • Jan 2023Angel$111.2K
Founders & team
Rishikesh SakarkarCo-Founder & COOAkash ShahCo-FounderGauravkumar KateCEO
Investors
Arali Ventures, ITUS Capital
#7
Seed · Thane, Maharashtra · founded 2016
$108.9Kraised
▾

Digital lending platform offering working capital loans. It offers a platform that enables businesses to apply for and get funded for working capital loans. It also offers invoice financing loans.

Funding rounds
  • Nov 2022Seed$108.9K
Founders & team
Ravichander VaradarajanCo-FounderAnand PadmanabanCo-Founder
Investors
Aumtechno, Kb9Techno, Chempesindia, Indira J Udani, A Eleven Finbiz, Zatakiacommercial
Tech stack
Node.JsFirebaseVue.JsNuxt.JsHttp/3
#8
Seed · Thane, Maharashtra · founded 2013 · 61 employees
$88.2Kraised
▾

Fintech firm providing modular payment platforms and IT services. The company offers a comprehensive, open-architecture platform as a solution, enabling businesses to unlock growth and productivity. Custom development and integrations are available, catering to intricate business logics. The platform also includes POS terminals and IoT devices for contactless and QR payments. A dedicated team provides IT services and consultancy, leveraging in-house expertise. The company's payment application features a customizable user interface and integrates with multiple payment systems. The platform supports various payment methods, including EMI, BNPL, and wallet integrations.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers · 36 engagements/post (9.1× cohort median)
Funding rounds
  • Mar 2023Angel—
Founders & team
Sanjay Hansraj JhabakCo-FounderDheeraj Kumar JainCo-FounderGunjan Dayal MathurCo-Founder & Director
Investors
Gunjan Mathur
Tech stack
Apache Http ServerBootstrapGodaddyGoogle Font ApiJqueryPopper

Funding & investor landscape

$33.1Mtotal disclosed funding
7companies funded
17disclosed rounds
0rounds last 90 days
Most active investors
Zone Startups India2 rounds
A Eleven Finbiz1 rounds
Advibe Advisory And Management Consultants1 rounds
Arali Ventures1 rounds
Atal Innovation Mission1 rounds
Atrium1 rounds
Aumtechno1 rounds
Chempesindia1 rounds
Chiratae Ventures1 rounds
Choithram International1 rounds

Notable founders

Som Chatterjee
Co-Founder & COO · Intellend Technologies Advisors
Gaurav Seth
CEO & Managing Director · 5paisa
Mukund Mudras
Co-Founder & CEO · Heckyl Technologies
Jaison Mathews
Co Founder - Heckyl · Heckyl Technologies
Ravi Gupta
Co-Founder & CEO · SafexPay
Aradhana Gupta
Co-Founder & CPO · SafexPay
Hemant Tiwari
Co-Founder & CDO · Bima Garage
Sonal Sandesh Mishra
Co-Founder · Bima Garage
Rishikesh Sakarkar
Co-Founder & COO · EZO
Akash Shah
Co-Founder · EZO
Ravichander Varadarajan
Co-Founder · Visolent India
Anand Padmanaban
Co-Founder · Visolent India
Prism market signals · India · country-scoped Prism corpus, 1,043,046 docs

Market landscape — 10 sub-themes by coverage

Share of FinTech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · India

How research on Fintech is moving in India

A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,335 India-affiliated papers.

research sentiment over time
201920232026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 51% → 44% across 2019–2026.
top research entities
  • G.S. Science, Arts And Commerce College118
  • Jain University37
  • Amity University37
  • Symbiosis International University34
  • Mangalore University29
leading researchers
Sachin Shankar Jadhav · Divya Soni · Sakshi Thite · Kare, Dipak Nivrutti · Zagade, Sunil · Dr. Rashmi Akshay Yadav · Archana Digvijay Suryavanshi · Abhishek Prajapat
▲ Breakthroughs94 · 7%
▲ 0%→7% share
0 median citations94% since 2021mostly methods-led
Breakthroughs are rising (0%→7% of field), led by Database transaction.
rising sub-themes (early→recent)
  • Database transaction1→12
  • Blockchain1→5
Newly emergingFinancial services 0→35 · Scalability 0→11 · Financial inclusion 0→11
Landmark Eagle Strategy Arithmetic Optimisation Algorithm with Optimal Deep Convolutional Forest Based FinTech Application for Hy · 32 cites
◆ Advancements433 · 32%
▲ 0%→33% share
0 median citations97% since 2021mostly empirical
Advancements are rising (0%→33% of field), led by Financial services.
rising sub-themes (early→recent)
  • Financial services2→223
  • Financial inclusion3→150
  • Financial literacy2→58
  • Government (linguistics)1→43
  • Sustainability2→30
Newly emergingPayment 0→83 · Mobile payment 0→52 · Mobile banking 0→46
Landmark The Impact of Fintech and Digital Financial Services on Financial Inclusion in India · 153 cites
▼ Concerns494 · 37%
▲ 0%→36% share
0 median citations93% since 2021mostly empirical
Concerns are rising (0%→36% of field), led by Financial services.
rising sub-themes (early→recent)
  • Financial services1→264
  • Financial inclusion2→138
  • Payment1→95
  • Mobile payment1→41
  • Database transaction1→37
Newly emergingGovernment (linguistics) 0→59 · Financial literacy 0→50 · Digital transformation 0→36
Landmark Financial technology: a review of extant literature · 176 cites
RESEARCH HOTSPOTS · India

Where fintech is researched across India

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Delhi-NCR77 · +0.03
Hot · Payment service providerAdvancing · Sustainable developmentOpportunity · PaymentConcern · Financial services
Pune49 · +0.21
Hot · RevenueAdvancing · Financial literacyOpportunity · Mobile paymentConcern · Key (lock)
Chennai25 · +0.41
Hot · Financial servicesAdvancing · Financial inclusionOpportunity · Financial literacy
Bengaluru16 · +0.24
Hot · Retail bankingAdvancing · Financial servicesOpportunity · PaymentConcern · Financial transaction
Hyderabad13 · +0.14
Hot · Banking industryOpportunity · Financial sectorConcern · Financial services
Ahmedabad6 · +0.35
Hot · Financial servicesOpportunity · Sophistication
Kolkata5 · +0.36
Hot · Financial servicesOpportunity · Financial inclusion
PATENT SIGNAL · India

Who's filing fintech patents in India

India fintech patent filing is steady — 1 filings from 8 assignees (2022–2022), led by Geeky Technology And Consulting, Polaris Financial Technology, DR Mariappan RAJA; annual filings 1→1.

1 filings8 assigneespeak 1/yr2022–2022
filing momentum (YoY 2022–2022)
top patent filers
  • Geeky Technology And Consulting2
  • Polaris Financial Technology2
  • DR Mariappan RAJA1
  • Sakthivel Santhoshkumar1
  • Dhamotharan Dhanasekar1
  • DR Murugesan Selvam1
  • Muhammed Basid Amnas1
  • DR Balasundram Maniam1

Common questions

How many FinTech companies are there in Thane, India?
Radar tracks 48 indexable FinTech companies headquartered in Thane, India that meet our profile-completeness bar.
What is the total funding raised by FinTech companies in Thane, India?
The FinTech companies in Thane, India on this list have raised a combined $33.1M in disclosed equity funding across 7 funded companies.
Which is the highest-funded FinTech company in Thane, India?
5paisa is the highest-funded FinTech company in Thane, India, with $15.8M in disclosed equity funding.
How many FinTech companies in Thane, India are funded?
7 of the 48 FinTech companies in Thane, India on this list have disclosed at least one equity funding round.
How many FinTech unicorns are there in Thane, India?
None of the FinTech companies in Thane, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Thane, India FinTech companies?
The most active investors in Thane, India FinTech companies on this list include Zone Startups India, A Eleven Finbiz, Advibe Advisory And Management Consultants, Arali Ventures, Atal Innovation Mission.
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Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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