SaaS Fintech · Mumbai, India

Best SaaS Fintech Companies in Mumbai

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

257 indexable SaaS Fintech companies headquartered in Mumbai, India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $1.3B across 75 funded companies, including 1 unicorn.

257
Companies
$1.3B
Total Funding
75
Funded
1
Unicorns
0
Rounds (90d)

Ranked: Best SaaS Fintech companies in Mumbai

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 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
2 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
3 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
4 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
5 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
6 CapitalXB Finance
Provider of supply chain finance and business loans for small and medium enterprises
$15M Seed Seed Oct 2025 2023 ↑ Active
7 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
8 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
9 Mobileware Tech
Developer of software solutions for the insurance and banking management
$2.3M $8.9M
as of 2021
Acquired Seed Mar 2025 67 2010 ↑ Active
10 Thelightbulb
Provider of AI tools for market research and consumer insights
$1.5M $5.8M
as of 2022
Seed Grant (prize money) May 2025 20 2021 ↑ Active
11 IFAnow
Provider of financial planning, wealth management, and business operations solutions
$568.8K $4M
as of 2021
Seed Angel Jul 2025 54 2011 ↑ Active
12 Veefin
Provider of supply chain finance technology and digital lending solutions
$3M Public Post IPO Dec 2024 165 2020 ↑ Active
13 FinQY
Provider of a technology platform for financial product distribution
$3.5M $10.2M
as of 2024
Seed Seed Aug 2024 107 2019 ↑ Active
14 Riskcovry
Provider of a platform for digital insurance distribution and management
$14.4M $43.8M
as of 2024
Series A Series A Jan 2024 121 2018
15 BillDesk Unicorn
Provider of an online payment gateway platform
$185.7M $1.6B
as of 2019
Series D Series D Jan 2019 756 2000
16 AGS Transact Technologies
Provider of end-to-end payment processing solutions for merchants and businesses
$81M $242.4M
as of 2012
Public Conventional Debt Mar 2021 1,106 2002
17 Coverstack
Insurtech platform providing no-code, plug-and-play insurance infrastructure solutions
$55.6M $103.4M
as of 2019
Series A Angel Dec 2019 59 2010
18 Aurionpro
Provider of loan and cash management solutions for banks and financial institutions
$3.3M Public Post IPO Apr 2024 33 1997
19 Healthysure
Online platform for employee health insurance benefits
$3.1M $9.1M
as of 2023
Seed Seed Jan 2024 23 2021
20 EnKash
Provider of a platform for business spend management and payment solutions
$23.5M $82.2M
as of 2022
Series B Series B Mar 2022 56 2018
21 ePayLater
Provider of credit solutions for small and medium sized businesses
$18.1M $44.6M
as of 2021
Series A Series A Aug 2021 56 2015
22 Cashflo
Provider of AP automation, payments, compliance, and vendor management software
$12.8M $45.1M
as of 2022
Series B Series B Jul 2022 110 2019
23 Jify
Provider of on-demand salary, money management, and financial wellness solutions
$11.4M $26.3M
as of 2023
Acquired Series A Aug 2022 69 2021
24 ISG
Provider of payment processing software for card issuance and switching
$9M $180.6M
as of 2022
Series A Series A Dec 2022 1,796 2004
25 PaySense
Online platform for consumer loans
$34.1M $133.8M
as of 2019
Acquired Series B Jun 2019 253 2015
26 Suvidhaa
Operator of tech-enabled retail outlets providing financial and other services
$37.8M $100.5M
as of 2018
Public Series C Jul 2018 17 2007
27 i-XL Technologies
Loan life cycle management software for lenders & financial institutions
$298.7K Seed Angel Jul 2024 72 2008 ↑ Active
28 Artfine
Provider of bespoke supply chain finance solutions
$1.1M $6.8M
as of 2024
Seed Seed Mar 2024 2018
29 Mihuru
Provider of point-of-sale financing solutions for travel bookings, allowing customers to book flights and other travel services now and pay later in installments
$565.8K $1.5M
as of 2021
Seed Seed May 2024 18 2018
30 Citrus Pay
Online payment app for consumers and businesses
$32.5M Acquired Series C Oct 2015 160 2011
31 TranZact
Provider of cloud-based software for streamlining manufacturing business processes
$8.1M $34.7M
as of 2021
Series A Series A Nov 2021 63 2017
32 Kodo
Intake-to-pay, corporate cards, and accounts payable automation solutions
$8.9M Seed Seed May 2021 43 2019
33 Medront
Provider of a personal data management application with AI assistance
$126.3K $849K
as of 2023
Seed Seed Jul 2024 2023 ↑ Active
34 Kiya.ai
Provider of digital solutions for financial institutions and government organizations
$24.8M $35.8M
as of 2007
Series B Series B Jul 2007 1,539 1995
35 Bulk MRO
Online B2B platform for industrial supply
$6.7M Series A Venture Debt Jul 2020 101 2015
36 Chillr
Wallet-enabled payment solution for individuals
$9.1M Acqui-Hired Series A Feb 2018 1 2014
37 TechProcess Payment Services
Online payment processing solutions provider
$12.1M $67.2M
as of 2009
Acquired Series A Jan 2009 360 2000
38 Boson Systems
White-labeled digital payment platform
$4M $6.8M
as of 2021
Seed Angel Mar 2021 32 2012
39 63Moons
AI-powered next gen technology and solutions for creating digital markets
$10M Public Post IPO Jan 2016 672 1988
40 Rubix Data Sciences
Provider of risk assessment, credit decisioning, and debt collection management solutions
$3.2M $11.4M
as of 2021
Seed Seed Apr 2021 116 2018
41 I3 Systems
AI-based solution for automating claims processing and management for the health sector
$4M $9.4M
as of 2020
Seed Seed Sep 2020 26 2016
42 Miles Software
Back-office solutions for wealth managers
$7.4M $24.6M
as of 2010
Acquired Series A Jun 2011 197 1999
43 Switchme
Online platform offering a price comparison and loan switching tool
$5.1M Series A Series A Nov 2018 2012
44 Arya.ai
Provider of AI-powered platforms and APIs for financial services
$2.3M $13.7M
as of 2020
Acquired Seed May 2020 52 2013
45 AggrePay
Provider of payment gateway and related financial services
$2.1M $12.1M
as of 2021
Seed Seed Mar 2021 11 2017
46 tmw
App-based payment wallet for individuals
$5M Deadpooled Seed Mar 2016 12 2015
47 Telr
Provider of payment gateway services, enabling online payment acceptance solutions
$3.1M Acquired Series B Dec 2019 54 2013
48 Impactsure
Provider of AI development and data analytics services
$1M $4.3M
as of 2022
Seed Seed Jan 2022 53 2019
49 RefreshMint
AI based solutions for acquisition of financial services
$588.2K $4.2M
as of 2022
Seed Seed Apr 2022 2019
50 AMORQA
Provider of a robo-advisory solution for home loans
$1.3M $6.9M
as of 2019
Seed Seed Apr 2019 1 2012

Top 12 SaaS Fintech companies in Mumbai

#1
Idfy Series F
$58.8M Raised
expand_more
#1

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
#2
Bizongo Series E
$252.6M Raised
expand_more
#2

Bizongo Series E

location_onMumbai, Maharashtra
Founded
2015
Employees
272
Funding raised
$252.6M
Valuation
$945.1M · 2023
Stage
Series E

Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions. It offers features including digital vendor management, material procurement management, supply chain financing, packaging sourcing, purchase order management, and more. It caters to multiple industries including packaging, textiles, apparel, and more.

Funding rounds (12 disclosed of 15)
Round Date Amount
Series E Mar 2025 $4.5M
Series E Oct 2023 $50M
Series D Aug 2022 $25M
Grant (prize money) Dec 2021 Undisclosed
Series D Nov 2021 $110.8M
Series C Apr 2021 $51M
9 earlier rounds — sign up free
Founders & key people
Tech stack
amazon sesamazon web servicesclevertapcloudflarecloudflare bot managementcore-js+14
#3
Jai Kisan Series B
$85.6M Raised
expand_more
#3

Jai Kisan Series B

location_onMumbai, Maharashtra
Founded
2017
Employees
158
Funding raised
$85.6M
Valuation
$179.4M · 2023
Stage
Series B

Fintech providing credit and financial solutions for farmers, retailers, and MSMEs. The company empowers rural India by offering timely access to affordable credit through technology. It focuses on supporting the growth of farmers, retailers, and MSMEs by addressing their financial needs with innovative solutions. The platform offers various products including retailer apps and credit checks. It aims to impact liveli

Funding rounds (6 disclosed of 10)
Round Date Amount
Series B Apr 2025 $3M
Conventional Debt Jul 2022 Undisclosed
Series B Jul 2022 $50M
Venture Debt Aug 2021 $3.4M
Series A May 2021 $30M
Conventional Debt May 2021 Undisclosed
4 earlier rounds — sign up free
Tech stack
apple icloud mailcloudflaregoogle analyticsgoogle workspacehstshttp/3+6
#4
Mintifi Series E
$169.9M Raised
expand_more
#4

Mintifi Series E

location_onMumbai, Maharashtra
Founded
2017
Employees
1,310
Funding raised
$169.9M
Valuation
$412.5M · 2023
Stage
Series E

Provider of supply chain financing solutions for small and medium enterprises. It offers inventory financing and invoice payment solutions. The business provides credit lines and working capital loans. It facilitates invoice reconciliation and early payment discounts. The company offers integration with enterprise resource planning systems.

Funding rounds (6 disclosed of 6)
Round Date Amount
Series E Nov 2024 $100M
Series D Mar 2023 $110M
Series C Feb 2022 $40.2M
Series B Mar 2021 $6M
Series A May 2019 $11.8M
Seed Sep 2017 $2M
Tech stack
amazon cloudfrontamazon s3amazon web servicesaws certificate managerbootstrapcdnjs+14
#5
CredAble Series B
$60M Raised
expand_more
#5

CredAble Series B

location_onMumbai, Maharashtra
Founded
2017
Employees
247
Funding raised
$60M
Valuation
$176.3M · 2023
Stage
Series B

Provider of working capital solutions and supply chain finance programs. The company offers platforms for early payments, receivables financing, and digital KYC. It facilitates trade financing, loan origination, and embedded finance solutions. The business provides programs for enterprises, financial institutions, and small to medium sized businesses.

Funding rounds (9 disclosed of 10)
Round Date Amount
Series B Mar 2025 $4.1M
Conventional Debt Jun 2024 $3.6M
Series B Nov 2023 $10M
Series B Aug 2022 $9M
Series B Oct 2021 $15.1M
Series B Oct 2020 $4.5M
4 earlier rounds — sign up free
Tech stack
addtoanyaddtoany share buttonsakismetanimate.cssanime.jsapache http server+14
#6
$15M Raised
expand_more
#6

CapitalXB Finance Seed

location_onMumbai, Maharashtra
Founded
2023
Funding raised
$15M
Stage
Seed

Provider of supply chain finance and business loans for small and medium enterprises. Services include sales and purchase invoice discounting, factoring for freight forwarders, and deep tier financing. These financial solutions assist businesses in managing cash flow and securing capital for operational needs.

Funding rounds (1 disclosed of 2)
Round Date Amount
Seed Oct 2025 $15M
Conventional Debt Oct 2025 Undisclosed
Founders & key people
Tech stack
apple icloud mailbootstrapfancyboxgodaddygoogle analyticsjquery+5
#7
TruBoard Seed
$2.7M Raised
expand_more
#7

TruBoard Seed

location_onMumbai, Maharashtra
Founded
2020
Employees
289
Funding raised
$2.7M
Valuation
$12.5M · 2022
Stage
Seed

Provider of asset management software for real estate and energy. This platform facilitates performance monitoring, compliance tracking, and financial reporting for infrastructure projects. It enables users to manage construction workflows, sales documentation, and operational data for renewable energy assets. The software also supports retail loan portfolio servicing, including collection strategies and account reso

Funding rounds (2 disclosed of 2)
Round Date Amount
Seed Feb 2026 $2.2M
Seed May 2022 $2.8M
Tech stack
aosbootstrapbootstrap iconsgodaddygoogle analyticshsts+6
#8
Zaggle Public
$2M Raised
expand_more
#8

Zaggle Public

location_onMumbai, Maharashtra
Founded
2011
Employees
401
Funding raised
$2M
Valuation
$474.9M · 2022
Stage
Public

Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows. It provides innovative solutions for business spend management, payments, and rewards through automated and streamlined workflows. Its comprehensive platform offers flexible and practical approaches to forward-thinking enterprises, simplifying employee benefits, expenses, allowances, and channel partner

Funding rounds (7 disclosed of 7)
Round Date Amount
Post IPO Dec 2025 $1.7M
Post IPO Oct 2025 $4.5M
Post IPO Dec 2024 $69.6M
Series A Aug 2023 $11.8M
Conventional Debt Mar 2023 $6.1M
Series A May 2022 $1.9M
1 earlier round — sign up free
Tech stack
ant designbabelcdnjscloudflarecore-jselementor+14
#9
Mobileware Tech Acquired
$2.3M Raised
expand_more
#9

Mobileware Tech Acquired

location_onMumbai, Maharashtra
Founded
2010
Employees
67
Funding raised
$2.3M
Valuation
$8.9M · 2021
Stage
Acquired

Developer of software solutions for the insurance and banking management. It provides users with UPI transactions and allows businesses to launch digital payment services. Itss product offerings include mobile payments platform, IMPS, agent management and enterprise admin, and travel and transport insurance platform, and more. The company also engages in providing application development and maintenance services.

Funding rounds (5 disclosed of 5)
Round Date Amount
Seed Mar 2025 $3M
Seed Sep 2024 $1.9M
Seed Nov 2021 $336.4K
Angel Oct 2014 $32.8K
Angel Aug 2011 $38.1K
Tech stack
wordpressmysqlphpcentosbootstrapopenssl+14
#10
$1.5M Raised
expand_more
#10

Thelightbulb Seed

location_onMumbai, Maharashtra
Founded
2021
Employees
20
Funding raised
$1.5M
Valuation
$5.8M · 2022
Stage
Seed

Provider of AI tools for market research and consumer insights. The company offers software for quantitative and qualitative data collection and analysis. Its tools include facial action coding, eye tracking, and speech transcription. It also provides generative AI, survey research, and text sentiment analysis.

Funding rounds (2 disclosed of 2)
Round Date Amount
Grant (prize money) May 2025 $50K
Seed Jun 2022 $1.5M
Tech stack
angularcdnjscloudflarecontact form 7google analyticsgoogle font api+14
#11
IFAnow Seed
$568.8K Raised
expand_more
#11

IFAnow Seed

location_onMumbai, Maharashtra
Founded
2011
Employees
54
Funding raised
$568.8K
Valuation
$4M · 2021
Stage
Seed

Provider of financial planning, wealth management, and business operations solutions. The company offers tools for portfolio management and investment research. It also provides resources such as webinars and blog content. The platform includes features for billing, invoice automation, and compliance.

Funding rounds (6 disclosed of 6)
Round Date Amount
Angel Jul 2025 $126.8K
Angel Aug 2024 $461K
Seed Oct 2023 $216.7K
Seed Nov 2021 $402.5K
Seed Aug 2018 $142.9K
Seed Jun 2015 $23.4K
Tech stack
amazon sesamazon web servicesangularcloudflarecloudflare bot managementcloudinary+14
#12
Veefin Public
$3M Raised
expand_more
#12

Veefin Public

location_onMumbai, Maharashtra
Founded
2020
Employees
165
Funding raised
$3M
Stage
Public

Provider of supply chain finance technology and digital lending solutions. The business offers a fully configurable lending platform with lending automation capabilities. It delivers digital origination and loan management system solutions for financial institutions. The company provides services for transaction banking, cash management, and trade finance. It also supports account receivables, corporate collections,

Funding rounds (2 disclosed of 2)
Round Date Amount
Post IPO Dec 2024 $16M
Series A Dec 2021 $3M
Tech stack
apache http serverbootstrapfont awesomegodaddygoogle analyticsgoogle font api+11

Recent signals in Mumbai SaaS Fintech

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Funding & investor landscape

Total raised
$1.3B
across these companies
Companies funded
75
with disclosed funding
Highest-funded
$252.6M raised

Most active investors

MS Maharashtra State Innovation Society 5 investments in SaaS Fintech S SINE 5 investments in SaaS Fintech BV Blume Venture 4 investments in SaaS Fintech I IFC 4 investments in SaaS Fintech A Accel 3 investments in SaaS Fintech AL Angel List 3 investments in SaaS Fintech L LetsVenture 3 investments in SaaS Fintech MA Mirae Asset 3 investments in SaaS Fintech P Prosus 3 investments in SaaS Fintech SN Singapore Angel Network 3 investments in SaaS Fintech SV Stride Ventures 3 investments in SaaS Fintech TI Texport Industries 3 investments in SaaS Fintech

Notable founders in Mumbai SaaS Fintech

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
VJ Vineet Jawa Co Founder & Director Idfy · $58.8M raised
AH Ashok Hariharan Co-Founder & CEO Idfy · $58.8M raised
SA Sachin Agrawal Co-Founder Bizongo · $252.6M raised
AA Arjun Ahluwalia Co-Founder & CEO Jai Kisan · $85.6M raised
AM Adriel Maniego Co-Founder Jai Kisan · $85.6M raised
SS Sanjoy Shome Co-Founder & COO Mintifi · $169.9M raised
AA Anup Agarwal Co-Founder & CEO Mintifi · $169.9M raised
AM Ankit Mehta Co-Founder Mintifi · $169.9M raised
RK Ram Kewalramani Co-Founder & MD CredAble · $60M raised

Frequently asked questions

How many SaaS Fintech companies are there in Mumbai?
Radar tracks 257 indexable SaaS Fintech companies headquartered in Mumbai, India, that meet our profile-completeness bar.
What is the total funding raised by SaaS Fintech companies in Mumbai?
The SaaS Fintech companies in Mumbai on this list have raised a combined $1.3B in disclosed equity funding across 75 funded companies.
Which is the highest-funded SaaS Fintech company in Mumbai?
Bizongo is the highest-funded SaaS Fintech company in Mumbai, with $252.6M in disclosed equity funding.
How many SaaS Fintech companies in Mumbai are funded?
75 of the 257 SaaS Fintech companies in Mumbai on this list have disclosed at least one equity funding round.
How many SaaS Fintech unicorns are there in Mumbai?
1 SaaS Fintech company in Mumbai on this list is valued at $1B or more.
Who are the top investors in Mumbai SaaS Fintech companies?
The most active investors in Mumbai SaaS Fintech companies on this list include Maharashtra State Innovation Society, SINE, Blume Venture, IFC, Accel.

Related company lists

Other sectors in Mumbai:

SaaS 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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