Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE BENGALURU EDITION 2026

Bengaluru’s
accounting and tax software industry,
in focus.

The companies, capital and talent shaping accounting and tax software in Bengaluru. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Accounting and Tax Software Industry Landscape of Bengaluru
IN
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Accounting and Tax Software illustration
MEET THE COMPANIES

Explore Bengaluru’s accounting and tax software leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Accounting and Tax Software company highlights in Bengaluru, snapshot 4 September 2026
Company
Razorpayrazorpay.com$741.62M6 roles1,952$5.45MFYFY2025 filing
Khatabookkhatabook.com$186.62M5 roles199
Clearclear.in$140.8M812
Xoxodayxoxoday.com$100.61M269$57.45MFYFY2025 filing
OkCreditokcredit.in$84.87M68$867.82KFYFY2023 filing
FloBizflobiz.in$44M4 roles41Financial figure available in RadarView in Radar
Karbonkarboncard.com$37.28M79
Vyaparvyaparapp.in$35.93M1,217$6.51MFYFY2025 filing
Varthakvarthak.io6 roles
FinKraftfinkraft.ai5 roles11$780.85KFYFY2025 filing
Discover Dollardiscoverdollar.com4 roles34
Dodo Paymentsdodopayments.com4 roles
Forthcodeforthcode.com3 roles12
Aerchainaerchain.io79$1.03MFYFY2025 filing
Digital CFOdigitalcfo.in
Finnastrafinnastra.com106Financial figure available in RadarView in Radar
GSTZengstzen.in$235.89KFYFY2025 filing
PagarBookpagarbook.com465$2.89MFYFY2025 filing
Refrensrefrens.com25
Tally Solutionstallysolutions.com1,047Financial figure available in RadarView in Radar
VPJ & Associatesvpjassociates.comFinancial figure available in RadarView in Radar
Valyxvalyx.com
ZenStatementzenstatement.com
myBillBookmybillbook.in
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Startup discovery

Recorded classifications only
THE KEY SIGNALS

Accounting and Tax Software industry KPIs in Bengaluru

A few useful ratios bring the size of this ecosystem into perspective.

4 September 2026
Hiring participation13.6%

35 of 257 tracked companies have open roles.

Funding participation24.1%

62 of 257 tracked companies have a recorded round.

Top 3 funding share70.9%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$564.12K

Midpoint of 143 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 70.9% of disclosed capital, while 75.9% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Bengaluru accounting and tax software has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Bengaluru accounting and tax software
$0$217.67M$435.34M$653.01M$870.68M2016: $18.49M20162017: $14.22M20172018: $75.09M20182019: $196.64M20192020: $194.96M20202021: $763.76M20212022: $93.53M20222023: $11.5M20232024: $9.25M20242025: $88.69M2025
View the numbers
Annual accounting and tax software funding and company formation in Bengaluru
YearFunding (USD)FoundedRaising
2016$18.49M1411
2017$14.22M1613
2018$75.09M1912
2019$196.64M2414
2020$194.96M1714
2021$763.76M2012
2022$93.53M2512
2023$11.5M2412
2024$9.25M1910
2025$88.69M710
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Razorpay49.2%
  • Khatabook12.4%
  • Clear9.3%
  • Other companies29.1%

Funding by stage

161 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel126 78.3%
Series A–B24 14.9%
Series C+ / PE8 5.0%
Grants, debt & other3 1.9%

Recent recorded rounds

Latest recorded rounds · USD
1 rounds

Swipe or scroll horizontally to browse.

Series A03/2026
Aerchain $13M

Backed by Pavestone Capital and IndiaMART.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.

Expand panel +
₹ crore · standalone

Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.

FY2025 · annual statements grouped by reported fiscal year; exact entity periods remain on preview rows · 87 reporting entities from 121 eligible matches.

Revenue in covered accounts₹2,084.2 crore

Sum of reporting-entity revenue; not Bengaluru market sales.

Net profit / loss₹-1,053.7 crore

Combined result for the same cohort.

Aggregate net margin-50.6%

Combined net income ÷ combined revenue.

Median company revenue₹1.3 crore

The middle covered reporting entity.

Profitable entities+40.2%

35 of 87 covered entities.

Top-five concentration+73.5%

Share of covered revenue from the five largest entities.

Annual account trend

Reported cohort totals by year; coverage is stated for every period.

Bar height shows revenue. Changes in coverage can affect totals.

Profitability has two perspectives

FY2025 · 87 reporting entities

Open the company accounts

Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.

87 reporting entities
Continue your financial research in Radar

Explore full company accounts and filings.

View financials in Radar ↗
BENGALURU · INDUSTRY COHORTS

How does accounting and tax software compare?

Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.

IndustryCovered / eligibleRevenue totalMedian revenueNet profit / lossAggregate marginProfitable shareOverlap

Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.

Coverage, calculations & financial sources

Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.

The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.

Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Bengaluru companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

8 of the 257 companies on this page carry a measured traffic record (3.1%); these are the largest of those, by monthly visits. The median among them is 373,642 visits.

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

45 of these companies (17.5%) publish at least one Android app — 72 apps in all, carrying 149.8M installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q3–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Finance & Accounting Tech66146.4MKhatabook Credit Account Book 96.2M
In Store Retail Tech696.2MQuickBill Connect 520
Hrtech1917MPagarBook:Attendance & Payroll 11.8M
Payments125.4MRazorpay Payments for Business 3.3M
Banking Tech43.4MRazorpayX - Business Banking 145.1K
Online Travel61.2MHappay Expense 1.2M
Grc Software49KCAIRR PLUS 6.2K
Enterprise Resource Planning57.4KTallyESS 6.3K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2022Q4: 32022Q4: 02022Q42023Q3: 12023Q3: 02023Q32023Q4: 12023Q4: 02023Q42024Q2: 32024Q2: 02024Q22024Q3: 32024Q3: 22024Q32025Q1: 12025Q1: 02025Q12025Q2: 22025Q2: 52025Q22025Q3: 22025Q3: 72025Q3

Darker bars are new releases, lighter bars apps updated. 35 of 72 apps carry a release date. The series ends at 2025Q3, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Bengaluru accounting and tax software market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Enterprise tech250
Fintech217
Enterprise software193
Saas140
Accounts receivable automation55
Accounts payable automation24
Hr saas17
Consumer digital17
Cloud management17
Payroll management14
Commerce enablers14
Integrated compliance management12

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Enterprise tech

The largest measured segment in this report snapshot.

250companies
14.0%have hiring activity

35 companies hiring · $1.51B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Subscription233
Fee-for-service20
Commission on transaction13
Physical commerce1
E-commerce - service1
E-commerce - product1
Renting / leasing1
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Funding roundsaerchain.io ↗

Tech startup Aerchain raised $13 million from Pavestone VC and IndiaMart.

IPO activityrazorpay.com ↗

Four top investment banks have been picked by the Bengaluru-based payments and banking platform to help it navigate the public offering process, which is anticipated to generate over $700 million, according to industry sources.

Funding roundsxoxoday.com ↗

Xoxoday, a global rewards, incentives, and Loyalty technology company, has raised a Series C round backed by its existing investors – Apis Partners & 57 Stars, marking a key milestone as the company accelerates its next phase of global growth.

Mergers & acquisitionsvyaparapp.in ↗

Vyapar, one of the country’s leading business management platforms, has fully acquired Suvit, an AI-powered automation accounting software recognized by the Institute of Chartered Accountants of India (ICAI).

Mergers & acquisitionskarboncard.com ↗

The acquisition brings automation and AI insights to help firms close books faster, cut workloads, and focus on higher-value client work.

Funding roundsonfinance.ai ↗

OnFinance AI raises USD 4.2M in pre-Series A led by Peak XV’s Surge, joined by prominent global and Indian investors.

Funding roundsdodopayments.com ↗

Dodo Payments, the first global merchant-of-record platform for India and emerging markets has secured $1.1 million in seed funding co-led by Antler and 9Unicorns, according to an official statement.

Funding roundsminjar.com ↗

Rayapati previously founded Minjar, which secured $2 million in funding before being acquired by the US-based publicly listed cloud infrastructure firm Nutanix for approximately $50 million.

Mergers & acquisitionshappay.com ↗

On 17 November 2024, online travel agency MakeMyTrip announced that it would purchase CRED's Happay Expense Management Platform.

Funding roundszenstatement.com ↗

ZenStatement, which automates finance and manages cash flow, secured $1.62 million in an investment round led by 3One4 Capital and Boldcap VC, with support from Atrium Angels and Dynamis Ventures.

Full recorded event mix

Top 10 categories among 101 recorded events in the 24-month window.

New products
45
Funding rounds
13
Leadership moves
10
Company announcements
10
Earnings
8
Capital infusions
4
Mergers & acquisitions
4
IPO activity
2
Regulatory
2
Contracts
2
6 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

1 companies with recorded IPO activity

Razorpay ↗

IPO3 reports

Leadership moves

4 tracked people moves

Razorpay ↗
Prabhu Rambadran

Appointment Senior Vice President of Engineering

Razorpay ↗
Prabu Rambadran

Appointment Senior Vice-President, Engineering

Digital CFO ↗
Alok Lall

Appointment Strategic Advisor

Karbon ↗
Vivek Srivastava

Appointment Senior Director of Product

Product launches

Products, platforms and features in the recorded window

Razorpay ↗
Azentio AMLOCK

AML/KYC Compliance Platform

Razorpay ↗
Agent Studio

AI Platform

TallyPrime Cloud Access

Cloud-based financial management

TallyPrime Release 7.0

Product

Refrens ↗
Embedded Invoicing & Accounting Suite

Embedded Invoicing & Accounting

Workforce actions

1 companies with reported reductions

OkCredit ↗

70 rolescost reduction

Regulatory events

5 recorded events

Razorpay ↗

approved for offline payment aggregatorReserve Bank of India

Razorpay ↗

approved to operate as a cross-border payments aggregatorReserve Bank of India

Razorpay ↗

authorised to operate as a payment aggregatorReserve Bank of India

Razorpay ↗

aggregator licence grantedReserve Bank

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
VyaparsuvitAnnounced2025-11-28Not stated in snapshot
KarbonaiderAnnounced2025-10-03Not stated in snapshot
RazorpaypopCompleted2025-06-17Not stated in snapshot
credHappay ↗Completed2024-11-20$180.0M
makemytripHappay ↗Announced2024-11-20Not stated in snapshot
xoriantMapleLabs ↗Completed2024-11-01Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

254 postings in the preceding 12 months. The full 316-posting snapshot covers 40 employers.

Expand panel +

Most advertised job titles

Customer Service/Sales Representative (Surat)5
Customer Onboarding (Sales) Executive5
Finance Associate5
Founder\'S Office Intern3
Khatabook Lead Business Analyst Lending Operations3
Khatabook Growth Program Manager Lending3
1 internship postings

2 tracked postings mention remote work.

The seniority mix

163 postings specify a level.

unspecified
153
manager
68
senior
39
intern
29
lead
25
entry
2

Skills employers mention

Top skills across 316 tracked postings in the available jobs snapshot.

Sql
34
Sales
32
Python
30
Excel
23
Negotiation
22
Crm Tools
21
B2B Sales
19
Communication
18
Saas
17
Business Development
16
THE PEOPLE BUILDING THE FIELD

Founders and leaders

288 founders and chief executives across 157 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

68 profiles with education records.

IIT Kanpur
16
BITS Pilani
12
IIT Bombay
7
IIM Bangalore
5
Indian School of Business
5
IIT Madras
4
IIT Delhi
4
IIT Roorkee
3

Prior employers

19 profiles with prior-work records.

Flipkart
9
Amazon
2
Microsoft
2
Boston Consulting Group
2
Apple
2
McKinsey
1
Uber
1
Salesforce
1

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

13,668 articles in the measured 12-month window.

Expand panel +
13,668articles in the measured year
3,586articles in 2026Q1
74.7%positive tone in the latest complete year

News volume trends

Accounting and Tax Software coverage tagged Bengaluru · articles per complete quarter

01,4792,9574,4365,9142021Q2: 1,7182021Q22021Q3: 2,2032021Q4: 2,0222022Q1: 2,1492022Q2: 2,3882022Q22022Q3: 2,7672022Q4: 3,3872023Q1: 4,0232023Q2: 4,1482023Q22023Q3: 4,5552023Q4: 3,9872024Q1: 3,9992024Q2: 4,4512024Q22024Q3: 5,1422024Q4: 5,1432025Q1: 4,6052025Q2: 3,2082025Q22025Q3: 3,7432025Q4: 3,1302026Q1: 3,5862026Q1
View quarterly article counts
QuarterArticles
2021Q21,718
2021Q32,203
2021Q42,022
2022Q12,149
2022Q22,388
2022Q32,767
2022Q43,387
2023Q14,023
2023Q24,148
2023Q34,555
2023Q43,987
2024Q13,999
2024Q24,451
2024Q35,142
2024Q45,143
2025Q14,605
2025Q23,208
2025Q33,743
2025Q43,130
2026Q13,586

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
4,772 positive · 66 neutral · 1,426 negative
2022
7,474 positive · 83 neutral · 3,122 negative
2023
10,664 positive · 120 neutral · 5,917 negative
2024
12,976 positive · 145 neutral · 5,605 negative
2025
10,952 positive · 175 neutral · 3,543 negative

Leading coverage topics

Accounting and Tax Software coverage tagged Bengaluru · ranked by full-period article count.

Initial Public Offerings (Ipos)26,337 articles in the full recorded period
7,531 recent · 9,138 prior
Initial Public Offerings (Ipos) And Listings22,758 articles in the full recorded period
6,923 recent · 7,058 prior
Commodity Trading And Price Changes19,874 articles in the full recorded period
7,181 recent · 4,793 prior
Trade Wars And Geopolitical Impacts19,413 articles in the full recorded period
7,532 recent · 5,703 prior
Asian Financial Market Developments18,830 articles in the full recorded period
6,395 recent · 5,725 prior
Foreign Exchange (Forex) Rate Fluctuations18,495 articles in the full recorded period
5,744 recent · 4,591 prior
Emerging Markets Economic Updates17,683 articles in the full recorded period
5,494 recent · 4,794 prior
Interest Rate Decisions And Impacts16,415 articles in the full recorded period
4,269 recent · 3,920 prior
Quarterly And Annual Financial Results16,241 articles in the full recorded period
4,359 recent · 5,041 prior
Corporate Earnings Reports And Financial Performance15,449 articles in the full recorded period
4,208 recent · 4,780 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

India comparison coverage

KeywordRecentPriorChange
commodity futures2,5921,65257%
crude oil prices1,62087984%
securities fraud98760862%
low-income banking942394139%
oil price volatility883441100%
performance sedan engines802264204%
commodity trading584199193%
sedan mpg comparison556264111%
compact sedan fuel efficiency555264110%
fwd sedan efficiency555264110%
master franchising174,944-100%
conversion franchising174,638-100%
brand franchising174,637-100%
franchisee support144,629-100%
single-unit franchise114,607-100%

Event and signal lenses

India comparison coverage

All complete annual cohorts shown
Rising

Regulatory Risk

406,490 classified articles

stock performance, stock indices, forex liquidity

61.8% critical · 35.9% positive
Rising

Funding Momentum

70,345 classified articles

pre-ipo valuation, ipo prospectus, ipo pricing

61.2% critical · 47.9% positive
Rising

Growth

147,794 classified articles

gdp growth forex, revenue beats, stock performance

56.2% critical · 46.4% positive

Accounting and Tax Software coverage tagged Bengaluru. Topic labels describe recorded classifications and can include broad context.

RESEARCH SIGNALS

What Accounting and Tax Software research is working on

1,335 papers in the recorded india scope.

Expand panel +
1,335papers
13,825worldwide comparison pool
1,335India-affiliated papers

Research orientation

Promising
410
Problem-identifying
320
Descriptive
314
Cautionary
158
Breakthrough
94
Comparative
23
Critical
16

Contribution mix

Empirical
778
Reviews
256
Position pieces
155
Methods-led
140
Theoretical
6

Tone counts: 1,275 positive · 1 neutral · 59 negative.

Common problems researchers identify
336 papers · 25.2% of this field
  • Financial services179 papers
  • FinTech128 papers
  • Financial inclusion89 papers
  • Payment62 papers
  • Financial literacy37 papers
  • Government36 papers
  • Retail banking24 papers
  • Mobile payment24 papers

Landmark: Financial technology: a review of extant literature

Cautions
158 papers · 11.8% of this field
  • Financial services79 papers
  • Financial inclusion60 papers
  • FinTech58 papers
  • Payment35 papers
  • Government23 papers
  • Digital currency19 papers
  • Database transaction16 papers
  • Investment16 papers

Landmark: Thematic Analysis of Financial Technology (Fintech) Influence on the Banking Industry

Opportunities
504 papers · 37.8% of this field
  • Financial services228 papers
  • FinTech162 papers
  • Financial inclusion161 papers
  • Payment86 papers
  • Financial literacy63 papers
  • Mobile payment51 papers
  • Database transaction47 papers
  • Mobile banking42 papers

Landmark: The Impact of Fintech and Digital Financial Services on Financial Inclusion in India

Leading institutions

Chitkara University
251
Amity University
227
Symbiosis International University
213
Indian Institute of Technology Kanpur
198
Indian Institute of Technology Delhi
187
Fore School of Management
176

Leading researchers

Vikas Sangwan
176
Harshita Harshita
176
Puneet Prakash
176
Shveta Singh
176
Mohammad Asif
164
Mohd Naved Khan
153
Sadhana Tiwari
153
Showkat Khalil Wani
153

Highly cited breakthrough-labelled papers

  • Eagle Strategy Arithmetic Optimisation Algorithm with Optimal Deep Convolutional Forest Based FinTech Application for Hyper-automation32 citations
  • Impact of technology on the financial performance of Indian commercial banks: a clustering based approach11 citations
  • ANALYZING OPPORTUNITIES AND OBSTACLES OF FINTECH IN INDIAN FINANCIAL MARKET2 citations
  • Sustainable digital finance and Finance 5.0: a systematic review and research agenda1 citations
  • Optimizing Cloud Resources for Financial Market Prediction: A Machine Learning Study on NVIDIA Stock Data1 citations

Common problems researchers identify

249 papers · 5 recurring themes
5 cards

Swipe or scroll horizontally to browse.

Fintech / Financial ServicesCommon problems researchers identify · 01

Fintech / Financial Services

82 papers

32.9% of this theme group

FinTech (61) · Financial services (57) · Financial innovation (11) · Marketing (6)

The Rise Of Fintech: Disrupting Traditional Financial Services

Fintech and the Future of Financial Services: A Study of the Impact of Fintech on Traditional Financial Institutions

View research history
YearShare index
2022802.8
2023810.2
2024431.6
2025305.5
Financial Inclusion / Financial LiteracyCommon problems researchers identify · 02

Financial Inclusion / Financial Literacy

61 papers

24.5% of this theme group

Financial inclusion (51) · Financial literacy (21) · Financial services (42) · Inclusion (9)

Financial Inclusion: The Role of Fintech and Digital Financial Services in India

How Can Technology Facilitate Financial Inclusion in India? A Discussion Paper

View research history
YearShare index
202276.6
2023104.9
2024100.3
2025222.6
Retail Banking / Mobile BankingCommon problems researchers identify · 03

Retail Banking / Mobile Banking

42 papers

16.9% of this theme group

Retail banking (13) · Mobile banking (11) · Payment (18) · Mobile payment (11)

Digital Transformation in India’s Financial Sector: Progress, Challenges and Policy Implications

Digital Banking and Fin-Tech: Trends and Challenges

View research history
YearShare index
2022875.7
2023846.9
2024949.5
20251008.9
Financial Fraud / Credit Card FraudCommon problems researchers identify · 04

Financial Fraud / Credit Card Fraud

34 papers

13.7% of this theme group

Financial fraud (5) · Credit card fraud (4) · Financial services (19) · Anomaly detection (3)

Artificial Intelligence in FinTech

Impact of AI in Financial Technology- A Comprehensive Study and Analysis

View research history
YearShare index
202232.6
202337.6
202432.8
202547.9
Blockchain / Digital CurrencyCommon problems researchers identify · 05

Blockchain / Digital Currency

30 papers

12.0% of this theme group

Blockchain (13) · Digital currency (9) · Cryptocurrency (12) · Currency (6)

Blockchain Technology for the Financial Market

Blockchain Technology Adoption in Financial Services

View research history
YearShare index
2022905.6
2023967.4
2024915.8
20251033.4

Cautions

111 papers · 4 recurring themes
4 cards

Swipe or scroll horizontally to browse.

Fintech / Financial ServicesCautions · 01

Fintech / Financial Services

38 papers

34.2% of this theme group

FinTech (32) · Financial services (30) · Financial innovation (8) · Sustainability (5)

FinTech Revolution and Future of Sustainable Banking: Opportunities and Risks Analysis

Fintech Innovations and Their Impact on Financial Inclusion in Developing Economies

View research history
YearShare index
2022200.3
2023241.4
2024234.6
2025477.3
Financial Inclusion / GovernmentCautions · 02

Financial Inclusion / Government

36 papers

32.4% of this theme group

Financial inclusion (21) · Government (10) · Mobile banking (6) · Mobile payment (8)

Impact of Digital Payment on Indian Financial Growth

Digital Payments Adoption and Financial Inclusion among Rural Households in India

View research history
YearShare index
202265.5
202375.6
202470.9
2025137.9
Financial Services / InvestmentCautions · 03

Financial Services / Investment

24 papers

21.6% of this theme group

Financial services (14) · Investment (6) · Blockchain (3) · Automation (3)

The Impact of Artificial Intelligence on Financial Decision-Making: A Fintech Perspective

The Impact of AI on the Quality of Financial Reports

View research history
YearShare index
20221071.1
20231138.8
20241043.3
20251154.8
Digital Currency / CurrencyCautions · 04

Digital Currency / Currency

13 papers

11.7% of this theme group

Digital currency (11) · Currency (7) · Monetary policy (4) · Rupee (2)

A Study on Upcoming Central Bank Digital Currency: Opportunities, Obstacles, and Potential FinTech Solutions using Cryptography in the India

Central Bank Digital Currency in India: Perspectives on Design Choices and Implications of e-Rupee

View research history
YearShare index
2022132.3
2023129.1
202490.3
2025114.7

Opportunities

401 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Fintech / Financial ServicesOpportunities · 01

Fintech / Financial Services

88 papers

21.9% of this theme group

FinTech (55) · Financial services (56) · Sustainability (15) · Financial innovation (8)

Embracing Fintech: India’s progress in the digitalization of the financial industry

"FINTECH ADOPTION IN BANKING : IMPACTS ON FINANCIAL INTERMEDIATION AND MARKET STRUCTURE"

View research history
YearShare index
2022200.3
2023241.4
2024234.6
2025477.3
Financial Services / InterpretabilityOpportunities · 02

Financial Services / Interpretability

66 papers

16.5% of this theme group

Financial services (31) · Interpretability (9) · Applications of artificial intelligence (6) · Big data (9)

Artificial Intelligence and Fintech: Catalysts for Financial Transformation

AI-Powered Fraud Detection in Financial Transactions: A Machine Learning Approach for Enhanced Security and Risk Mitigation

View research history
YearShare index
2022131.1
2023117.2
202474.2
2025127.4
Mobile Payment / PaymentOpportunities · 03

Mobile Payment / Payment

64 papers

16.0% of this theme group

Mobile payment (27) · Payment (33) · Financial inclusion (34) · Mobile banking (17)

The Impact of Digital Payment Systems on Financial Inclusion: Evidence from Small and Medium Enterprises in Developing Economies

Digital Payments and Empowering an Inclusive Financial System in India

View research history
YearShare index
2022865.2
2023840.0
2024948.1
20251028.8
Financial Inclusion / FintechOpportunities · 04

Financial Inclusion / Fintech

56 papers

14.0% of this theme group

Financial inclusion (55) · FinTech (42) · Financial services (43) · Inclusion (12)

The Impact of Fintech and Digital Financial Services on Financial Inclusion in India

Adoption of financial technology services for financial inclusion

View research history
YearShare index
202286.1
2023104.4
2024105.3
2025213.7
Financial Literacy / Digital LiteracyOpportunities · 05

Financial Literacy / Digital Literacy

51 papers

12.7% of this theme group

Financial literacy (40) · Digital literacy (7) · Financial inclusion (21) · Empowerment (8)

FinTech and Financial Inclusion: Exploring the Mediating Role of Digital Financial Literacy and the Moderating Influence of Perceived Regula

Digital Financial Literacy and Its Impact on Financial Inclusion and Financial Well-Being

View research history
YearShare index
202298.3
2023129.5
2024123.8
2025299.2
Blockchain / Database TransactionOpportunities · 06

Blockchain / Database Transaction

40 papers

10.0% of this theme group

Blockchain (23) · Database transaction (12) · Financial transaction (10) · Smart contract (4)

Innovation of Blockchain-based Cybersecurity Systems: Securing Financial Transactions and Reliable Data Sharing

Reliability in Blockchain Technology for Financial Services in the Indian Fintech Sector

View research history
YearShare index
2022905.6
2023950.9
2024888.4
20251016.8
Random Forest / ScalabilityOpportunities · 07

Random Forest / Scalability

36 papers

9.0% of this theme group

Random forest (6) · Scalability (9) · Credit card fraud (5) · Database transaction (9)

Advancing Financial Fraud Detection: A Hybrid Machine Learning Approach with Explainable AI

Secure Cloud-Based Financial Fraud Detection Using Hybrid Deep Learning and Blockchain Techniques

View research history
YearShare index
2022131.5
2023144.5
202484.8
2025172.3

How this field compares with the research baseline

Orientation shares compared with 25,000 papers in the reference sample.

Research orientationThis fieldReference sample
Promising30.7%37.0%
Problem-identifying24.0%9.7%
Descriptive23.5%17.3%
Cautionary11.8%4.6%
Breakthrough7.0%26.2%
Comparative1.7%4.1%
Critical1.2%1.0%

Concerns receiving less research attention

Counts and shares refer to the stated research pool. A low count describes how much of that research is recorded here, not the absence of a real-world concern.

Concern / example paperPapersShareRaised as a problemWorldwide share
Privacy & surveillanceA Review on Blockchain for Fintech using Zero Trust Architecture90.88%5 (55.6%)0.91%
Energy & datacenter footprintInnovative Machine Learning Applications for green Finance40.39%2 (50.0%)0.23%
Safety & misuseTHE WEAPONISATION OF ARTIFICIAL INTELLIGENCE IN DAILY LIFE FINTECH CRIMES: AN EXHAUSTIVE ANALYSIS OF THE INDIAN LANDSCAP30.29%1 (33.3%)0.08%
Bias & fairnessAI-Based Gender Bias Detection in VC Funding for Women-Led Fintech Startups in India10.1%0 (0.0%)0.1%
Concentration of compute powerModerating effect of fintech adoption on market power and bank stability Nexus: Indian evidence10.1%0 (0.0%)0.26%
Water use00.0%0 (%)0.0%
Carbon & emissions of compute00.0%0 (%)0.01%
Hardware, e-waste & supply chain00.0%0 (%)0.0%
Labour & data work00.0%0 (%)0.04%

Institution and researcher rankings use citations to their covered work. Research scope: India. This may be broader than the company geography.

DEMAND, SUPPLY & PLACE

Where demand signals run ahead of mapped supply — Bengaluru

Compare demand signals in Bengaluru’s newsflow with the accounting and tax software categories mapped to each signal.

Expand panel +
HOW TO READ THE GAP

Signal percentile − supply percentile = gap in percentile points. Positive gaps highlight questions to investigate. A high signal can reflect spending pressure or access friction, as well as potential demand.

The comparison is relative to the signal families on this page. A supply percentile of zero means the lowest relative reading, not zero companies. It is a prioritisation clue, not measured market size or unmet demand.

COMPARISON PERIOD2025-05-01 to 2026-05-01Against 2024-05-01 to 2025-05-01Explore the signals ↓

The opportunity, in one view

Signal and mapped-supply percentiles, their gap, and change in the signal’s article share.

Swipe horizontally to compare all columns →

3 Bengaluru demand signals compared with mapped accounting and tax software supply
Signal familySignal percentileSupply percentileRelative gapGap (points)Signal share vs prior year
Tech workforce shifts ↗Spending Pressure50.00.0+50.0+29.4%
Cloud & platform build-out ↗Infrastructure Shift25.050.0-25.0
Open-source momentum ↗Ecosystem Signal50.0100.0-50.0

Showing all 3 signals. Select a family for its history and mapped categories.

Where the signals are loudest

All 12 city readings for these demand families in the comparison geography. Bengaluru is highlighted.

Mentions per 10,000 articles

Each city’s reading is a share of its own coverage. Rows cover all of India for this page's signal families; Bengaluru is marked.

Visakhapatnam167.2

Cloud & platform build-out · Tech workforce shifts

BengaluruThis page64.7

Tech workforce shifts · Open-source momentum · Cloud & platform build-out

Noida38.7

Tech workforce shifts · Cloud & platform build-out

Chennai33.5

Tech workforce shifts · Cloud & platform build-out · Open-source momentum

Hyderabad28.4

Cloud & platform build-out · Tech workforce shifts · Open-source momentum

Krishna27.9

Cloud & platform build-out · Tech workforce shifts

Pune25.5

Tech workforce shifts · Cloud & platform build-out

Mumbai17.4

Tech workforce shifts · Cloud & platform build-out · Open-source momentum

Ahmedabad17.4

Tech workforce shifts · Cloud & platform build-out · Open-source momentum

Amritsar15.4

Tech workforce shifts

Agra8.8

Tech workforce shifts · Open-source momentum

Thiruvananthapuram7.8

Tech workforce shifts · Open-source momentum

Inside the leading signals

Open any signal for its quarterly history
SPENDING PRESSURETech workforce shifts+50.0percentile-point gap
THE OPERATING HYPOTHESIS

Hiring, visa and layoff cycles can resize teams — per-seat budgets tend to follow.

35.35mentions per 10,000 articles+29.4%share change vs prior year

Mapped accounting and tax software categories

  • Hr Saas17

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Bengaluru coverage

Mentions per 10,000 articles · zero baseline

0122335462024Q3: 212024Q32024Q4: 202024Q42025Q1: 292025Q12025Q2: 282025Q22025Q3: 402025Q32025Q4: 312025Q42026Q1: 302026Q1
View quarterly signal counts
Tech workforce shifts in Bengaluru coverage
QuarterMentionsPer 10,000 articles
2024Q32821.92
2024Q43020.75
2025Q14429.88
2025Q23828.84
2025Q35640.42
2025Q44331.86
2026Q15830.72

Where this signal concentrates in the comparison geography

Noida36.0 / 10,000
Bengaluru35.4 / 10,000
Pune17.6 / 10,000
INFRASTRUCTURE SHIFTCloud & platform build-out-25.0percentile-point gap
THE OPERATING HYPOTHESIS

Cloud and platform build-out can multiply the pipelines and environments a team must manage.

12.95mentions per 10,000 articles

Mapped accounting and tax software categories

  • Saas140
  • Hr Saas17
  • Cloud Management17

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Bengaluru coverage

Mentions per 10,000 articles · zero baseline

081624322024Q3: 72024Q32024Q4: 62024Q42025Q1: 122025Q12025Q2: 32025Q22025Q3: 52025Q32025Q4: 282025Q42026Q1: 112026Q1
View quarterly signal counts
Cloud & platform build-out in Bengaluru coverage
QuarterMentionsPer 10,000 articles
2024Q3107.83
2024Q496.22
2025Q11812.22
2025Q253.8
2025Q385.77
2025Q43828.15
2026Q12211.65

Where this signal concentrates in the comparison geography

Visakhapatnam164.5 / 10,000
Chennai14.8 / 10,000
ECOSYSTEM SIGNALOpen-source momentum-50.0percentile-point gap
THE OPERATING HYPOTHESIS

Open-source momentum can seed the commercial layer around the projects teams adopt.

16.43mentions per 10,000 articles

Mapped accounting and tax software categories

  • Enterprise Software193

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Bengaluru coverage

Mentions per 10,000 articles · zero baseline

0122537502024Q3: 02024Q32024Q4: 22024Q42025Q1: 22025Q12025Q2: 32025Q22025Q3: 32025Q32025Q4: 42025Q42026Q1: 432026Q1
View quarterly signal counts
Open-source momentum in Bengaluru coverage
QuarterMentionsPer 10,000 articles
2024Q300.0
2024Q432.07
2025Q142.72
2025Q243.04
2025Q353.61
2025Q464.45
2026Q18243.43

Where this signal concentrates in the comparison geography

Bengaluru16.4 / 10,000
Hyderabad2.8 / 10,000
RESEARCH & CHANGING CONVERSATIONS

Related research and changing coverage

Bengaluru accounting and tax software coverage

Expand panel +
RESEARCH CONTEXT · 2018

Quality Certification and the Economics of Contract Software Development: A Study of the Indian Software Industry

Research Showcase @ Carnegie Mellon University (Carnegie Mellon University)

8 citations in the snapshot

RESEARCH CONTEXT · 2017

An exploratory study on perception of Indian crowd towards crowdsourcing software development

6 citations in the snapshot

What is growing in this coverage

India coverage of this page's demand families

KeywordRecent articlesPrior articlesShare change
green data centers6925209.1%
vulnerability intelligence5625150.8%
cloud infrastructure297133150.1%
ai research17992117.9%
cybersecurity incident684281.3%

Share changes describe coverage in the stated comparison periods, not search demand or market size.

UNDERSTAND THE LANDSCAPE

Accounting and Tax Software in Bengaluru: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 4 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon