Best GRC Software Companies in Mumbai, India
The 64 best GRC Software companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Idfy.
Our analysis of 50 GRC Software companies
$4.6b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best GRC Software companies in Mumbai
| # | Company | Revenue | Disclosed funding | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | EzeeTask Compliance management platform for financial institutions | $125M FY2025 | — | — | 2020 | — | Radix UITailwind CSSshadcn/ui+11 | — |
| 2 | CareEdge Knowledge-based analytical group offering credit ratings, research, analytics, consulting, and ESG solutions | $54M FY2025 | — | 155 | 1993 | Mehul Pandya Managing Director and Group Chief Executive Officer | ZohoAnimate.cssBootstrap+14 | — |
| 3 | Idfy Provider of a platform for identity verification and risk management 83Tech top 18%Moat top 20%Talent top 23%Funding top 24% All 9 signals ▾Techtop 18% Moattop 20% Talenttop 23% Fundingtop 24% Growthtop 31% Markettop 32% Producttop 32% Fin. healthtop 39% Globalbottom 39% Tech: 74 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Moat: Top 1% by revenue among 135 tracked GRC Software companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 83/100 | $23M FY2025 | $59M | 536 536 → 917 (+71%) · sector median +36% | 2011 | Kaushik Shah Co-Founder | WordPressMySQLPHP+29 | — |
| 4 | IRIS RegTech Solutions Provider of regulatory technology solutions for compliance and decision-making | $15M FY2025 | — | — | 1994 | Deepta Rangarajan Co-Founder | WordPress Block EditorBold Page BuilderWordPress+30 | — |
| 5 | Rubix Data Sciences Provider of risk assessment, credit decisioning, and debt collection management solutions | $5M FY2025 | $3M | 116 116 → 201 (+73%) · sector median +36% | 2018 | Mohan Ramaswamy Co-Founder & CEO | Chart.jsBootstrapReact+14 | 2 launchs |
| 6 | AUDITime Risk compliance and regulatory solution provider | $5M FY2017 | — | 15 | 1999 | Paresh Prafulchandra Desai Co-Founder & MD | — | — |
| 7 | Ixsight Technologies Cloud based platform offering end to end business intelligence software | $2M FY2025 | $984K | 48 48 → 65 (+35%) · sector median +36% | 2007 | Savita Modak Co-Founder & COO | WordPress Block EditorWordPressMySQL+23 | 1 award |
| 8 | Alpha Plus Technologies Compliance Management Solution for BFSI Industry | $995K FY2025 | — | 30 | 1992 | Kunal Gursahani CEO | WordPressPleskZoho+27 | — |
| 9 | Amukha Data analytics for stock investments | $715K FY2025 | — | 20 20 → 44 (+120%) · sector median +36% | 2020 | Kumar Saurabh Co-Founder | TypeScriptWindows ServerMicrosoft ASP.NET+11 | — |
| 10 | Etrends Integrated GRC solutions provider | $664K FY2025 | — | — | 2008 | Manesh Karani Co-Founder & Chairman | — | — |
| 11 | Laser GRC GRC solutions for range of industries | $664K FY2025 | — | — | 2004 | Manesh Karani Founder & Chairman | — | — |
| 12 | Confiex Data Room Virtual data room for secure document sharing | $423K FY2025 | — | — | 2014 | H S Walia CEO | — | — |
| 13 | Accura Scan AI-based identity verification and digital KYC compliance solutions | $421K FY2025 | — | 28 | 2019 | Yasin Patel CEO | WordPress Block EditorElementorWordPress+37 | 1 launch |
| 14 | GovEVA Provider of AI-powered platform for environmental, social, and governance management | $343K FY2025 | $100K | 20 | 2018 | GN Bajpai Founder and Chairman | WordPressMySQLPHP+27 | — |
| 15 | Finarya Tech Online platform for governance, risk and compliance management | $239K FY2025 | — | 19 19 → 26 (+37%) · sector median +36% | 2001 | — | — | — |
| 16 | Fiction2Fact Regulatory and compliance management solutions | $209K FY2022 | — | 7 | 2013 | Denil Shah Founder & CEO | — | — |
| 17 | Thelightbulb Provider of AI tools for market research and consumer insights 72Growth top 20%Innovation top 25%Tech top 28%Talent top 28% All 11 signals ▾Growthtop 20% Innovationtop 25% Techtop 28% Talenttop 28% AItop 30% Moattop 33% Fundingtop 45% Producttop 45% Globalbottom 43% Fin. healthbottom 38% Marketbottom 32% Growth: Revenue +68% YoY · Web rank 10,000,000 → 5,000,000 YoY Innovation: 9 product lines · Deep-tech classification: Artificial Intelligence rank vs industry peers · Fliar Intelligence Index 72/100 | $187K FY2025 | $2M | 20 20 → 26 (+30%) · sector median +36% | 2021 | Ritu Soni Srivastava Co-founder & CEO | WordPressMySQLPHP+19 | — |
Top 8 GRC Software companies in Mumbai
#1
Series F · Mumbai, Maharashtra · founded 2011 · 536 employees$58.8Mraised▾
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 and operational losses. The platform also transforms compliance into a growth engine through centralized automation.
- Feb 2026Series F$24.3M
- May 2024Series E$10.8M
- Mar 2024Series E$6.6M
- Sep 2021Series D$12.5M
#2
Seed · Mumbai, Maharashtra · founded 2021 · 20 employees$1.5Mraised▾
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.
- May 2025Grant (prize money)$50K
- Jun 2022Seed$1.5M
#3
Seed · Mumbai, Maharashtra · founded 2018 · 116 employees$3.2Mraised▾
Provider of risk assessment, credit decisioning, and debt collection management solutions. It offers services for business partner validation, compliance monitoring, and supply chain risk mitigation. The company delivers industry and country reports, along with risk monitoring and international business information. Its solutions integrate with existing ERP, CRM, and accounting platforms.
- Apr 2021Seed$1.4M
- Jun 2020Seed$381K
- Apr 2018Seed$1.5M
#4
Seed · Mumbai, Maharashtra · founded 2010 · 313 employees$191.9Kraised▾
AI based operational risk intelligence platform for businesses. It helps businesses to identify, assess, and mitigate operational risks. It provides a centralized hub for managing risk data, streamlining processes, and improving decision-making. It uses advanced analytics and data aggregation tools to identify potential risks.
- Dec 2023Angel$191.9K
#5
Seed · Mumbai, Maharashtra · founded 2019 · 53 employees$1Mraised▾
Provider of AI development and data analytics services. Its other services includes cloud, BI, digital transformation, robotic process automation, document processing, and other technical services. The company's products can be implemented easily for complex documentary workflows in the corporate sector, corporate banking, transaction banking, trade finance, financial institutions, stock exchanges, insurance, and logistics providers.
- Jan 2022Seed$1M
#6
Seed · Mumbai, Maharashtra · founded 2023$150Kraised▾
Consent management and data privacy solutions for enterprises. It offers features such as data discovery, data cataloging, consent collection, management, DPO operations, and the handling of data privacy requests from customers. It helps businesses navigate and automate the complexities of the DPDPA, with a strong focus on consent management, privacy operations, and data protection.
- Dec 2023Seed$150K
#7
Seed · Mumbai, Maharashtra · founded 2007 · 48 employees$984Kraised▾
Cloud based platform offering end to end business intelligence software. It also provides data management and fraud detection solutions to clients in the banking, financial services, telecom, insurance and retail verticals. Ixsight’s customer information management suite of solutions can help, analyze, cleanse, and match customer, product, supplier, and material data including unstructured text information.
- Jan 2016Angel$74.7K
- May 2012Seed$151.9K
- Nov 2009Seed$643.8K
- Mar 2009Angel$113.7K
#8
Seed · Mumbai, Maharashtra · founded 2018 · 20 employees$100Kraised▾
Provider of AI-powered platform for environmental, social, and governance management. The platform offers tools for materiality assessments, value chain disclosures, and ESG position analysis. It also collates data and generates reports across major frameworks. The platform helps measure carbon footprint and manage ESG programs. It also provides supplier ESG navigation and investor solutions.
- Aug 2021Seed$100K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of GRC Software coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Mumbai researches in regtech
- University of Mumbai14
- Indian Institute of Technology Bombay3
Common questions
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.