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 ↗
India’s
blockchain technology industry,
in focus.
The companies, capital and talent shaping blockchain technology in India. Find the leaders. Understand the segments. See where the activity is.

An industry ecosystem,
measured in context.
MEET THE COMPANIESExplore India’s blockchain technology leaders
24 featured companies from the funding, hiring, revenue and team-size leaderboards.
Expand panel +
Explore India’s blockchain technology leaders
24 featured companies from the funding, hiring, revenue and team-size leaderboards.
Startup discovery
Recorded classifications onlyBlockchain Technology industry KPIs in India
A few useful ratios bring the size of this ecosystem into perspective.
135 of 1,532 tracked companies have open roles.
169 of 1,532 tracked companies have a recorded round.
Share of disclosed capital received by the three largest recorded recipients.
Midpoint of 212 rounds with a disclosed amount.
Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 50.2% of disclosed capital, while 89.0% of tracked companies have no recorded funding round.
Explore the segments →CAPITAL & COMPANY FORMATIONHow India blockchain technology has grown
Recorded company formation and disclosed funding across the complete annual series shown.
Expand panel +
How India blockchain technology has grown
Recorded company formation and disclosed funding across the complete annual series shown.
Disclosed funding by year
Sum of recorded funding rounds · USD
View the numbers
| Year | Funding (USD) | Founded | Raising |
|---|---|---|---|
| 2016 | $2.5M | 62 | 2 |
| 2017 | $146.07K | 123 | 2 |
| 2018 | $27.33M | 137 | 7 |
| 2019 | $8.98M | 99 | 7 |
| 2020 | $34.84M | 107 | 13 |
| 2021 | $529.26M | 295 | 51 |
| 2022 | $487.29M | 205 | 51 |
| 2023 | $44.04M | 116 | 21 |
| 2024 | $37.46M | 77 | 15 |
| 2025 | $11.1M | 27 | 8 |
Funding concentration
Share of all disclosed company funding.
- CoinSwitch22.7%
- CoinDCX18.5%
- Rario9.0%
- Other companies49.8%
Funding by stage
258 recorded rounds since 2016
Investors appearing most often
Recorded participation in blockchain technology company rounds since 2016.
- 01Sandeep Nailwal 16 rounds
- 02Coinbase 11 rounds
- 03AU21 Capital 8 rounds
- 04Woodstock 7 rounds
- 05Shima Capital 7 rounds
- 06Pantera Capital 6 rounds
- 07Polychain 6 rounds
- 08LD Capital 6 rounds
- 09Genblock Capital 6 rounds
- 010Polygon 6 rounds
Recent recorded rounds
Latest recorded rounds · USDBacked by .
Backed by Trident Growth Partners and Amicus Capital Partners and others.
Largest and notable recorded rounds
Each card is one recorded roundBacked by Andreessen Horowitz and ventures.coinbase.com and others.
Backed by Kindred Ventures and Republic and others.
Backed by Dream Sports and Alpha Wave Global and others.
Backed by Polychain and Jump Capital and others.
Backed by Valar Ventures and Pantera Capital and others.
Backed by Tiger Global Management.
Backed by Pantera Capital and Elevation Capital and others.
Backed by ChrysCapital.
Backed by Ribbit Capital and Paradigm and others.
Backed by Block.one and Polychain and others.
THE BUSINESS BEHIND THE ACTIVITYRevenue, profitability & financial strength
Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.
Expand panel +
Revenue, profitability & financial strength
Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.
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 · 194 reporting entities from 268 eligible matches.
Sum of reporting-entity revenue; not India market sales.
Combined result for the same cohort.
Combined net income ÷ combined revenue.
The middle covered reporting entity.
111 of 194 covered entities.
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 · 194 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.
| Company / reporting entity | Revenue | Net profit / loss | Net margin | Revenue growth | Total assets |
|---|---|---|---|---|---|
| CoinDCX ↗U74999MH2018PTC304533 | ₹559.6 crore | ₹17.2 crore | +3.1% | — | ₹4,462.3 crore |
| Appinventiv ↗U72900UP2016PTC083899 | ₹346.3 crore | ₹33.1 crore | +9.6% | — | ₹188.3 crore |
| Talentica ↗U72200PN2003PTC017850 | ₹161.4 crore | ₹19.4 crore | +12.1% | — | ₹173.1 crore |
| Ideas2IT Technologies ↗U72900TN2012PTC087019 | ₹155.7 crore | ₹12.9 crore | +8.3% | — | ₹62.3 crore |
| Azilen ↗U72900GJ2009PTC056686 | ₹85.5 crore | ₹14.1 crore | +16.5% | — | ₹62.0 crore |
| deqode ↗U74999MP2017PTC042752 | ₹46.1 crore | ₹4.9 crore | +10.7% | — | ₹29.4 crore |
| IBaseIT ↗U72200TG2011PTC076350 | ₹19.2 crore | ₹0.5 crore | +2.5% | — | ₹4.1 crore |
| Parangat Technologies ↗U72200DL2015PTC281222 | ₹0.0 crore | ₹-0.0 crore | — | — | ₹0.0 crore |
Explore full company accounts and filings.
Explore a reporting entity
Choose “View accounts” to inspect an available company preview.
How does blockchain technology compare?
Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.
| Industry | Covered / eligible | Revenue total | Median revenue | Net profit / loss | Aggregate margin | Profitable share | Overlap |
|---|
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.
Web traffic, app reach and release cadence
How the India companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.
Busiest websites
16 of the 1,533 companies on this page carry a measured traffic record (1%); these are the largest of those, by monthly visits. The median among them is 103,163 visits.
| Company | Monthly visits | Authority | Mobile |
|---|---|---|---|
| CoinDCXcoindcx.com | 1,701,813 | 52 | 52.5% |
| WazirXwazirx.com | 738,397 | 48 | 84.1% |
| CoinSwitchcoinswitch.co | 720,344 | 51 | 62.1% |
| Mudrexmudrex.com | 202,598 | 46 | 62.6% |
| Blockonomicsblockonomics.co | 156,305 | 38 | 56.6% |
| Onramponramp.money | 127,426 | 31 | 70.3% |
| KoinXkoinx.com | 114,487 | 32 | 95.6% |
| Suncryptosuncrypto.in | 113,758 | 40 | 78.1% |
| PinkSalepinksale.finance | 92,568 | 37 | 52.8% |
| Flitpayflitpay.com | 46,585 | 47 | 73.1% |
Visits and authority are third-party web estimates, not company-reported figures.
Most-installed apps
102 of these companies (6.7%) publish at least one Android app — 210 apps in all, carrying 101M installs between them.
| App | Installs | Rating | Store category |
|---|---|---|---|
| CoinDCX: Bitcoin Crypto AppCoinDCX | 32.5M | 4.4 | Finance |
| CoinSwitch: Bitcoin Crypto AppCoinSwitch | 24.1M | 4.4 | Finance |
| WazirX: Buy Bitcoin & CryptoWazirX | 15.4M | 3.5 | Finance |
| ZebPay: Bitcoin & Crypto AppZebPay | 8.9M | 3.4 | Finance |
| Sun Crypto: Buy & Sell CryptoSuncrypto | 3.1M | 4.6 | Finance |
| Unocoin: Buy Bitcoin & CryptoUnocoin | 3M | 3.6 | Finance |
| Mudrex : Bitcoin & Crypto AppMudrex | 2.2M | 3.3 | Finance |
| FlipItMoney- News in 50 wordsFlipItMoney | 1.3M | 4.7 | Finance |
| Flitpay: Crypto Trading AppFlitpay | 1.1M | 4.7 | Finance |
| Giottus: Crypto Investing AppGiottus | 1.1M | 4.7 | Finance |
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 (2024Q1–2026Q2).
| Segment | Apps | Installs | Leading app | Release trend |
|---|---|---|---|---|
| Cryptocurrencies | 58 | 97.9M | CoinDCX: Bitcoin Crypto App 32.5M | |
| Investment Tech | 5 | 2M | FlipItMoney- News in 50 words 1.3M | |
| Blockchain Services | 127 | 1.8M | Maze Quest: Path Finder 360K | |
| Ar Vr Services | 39 | 1.5M | Block Puzzle Blast 141.2K | |
| Services For Gaming | 36 | 1.5M | Water Sort Mania 124.4K | |
| Blockchain Infrastructure | 26 | 1.5M | CropBytes: A Crypto Farm Game 569.1K | |
| Non Fungible Tokens | 9 | 1.1M | Ant Network: Phone Based 375.5K | |
| Pc & Console Gaming | 6 | 1M | Raramuri 29.3K |
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.
Darker bars are new releases, lighter bars apps updated. 175 of 210 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.
INSIDE THE INDUSTRYThe India blockchain technology market map
Explore the segments behind the headline numbers.
Expand panel +
The India blockchain technology market map
Explore the segments behind the headline numbers.
Where companies are building
Rank segments by scale, hiring or disclosed funding.
Companies can sit in several segments. Counts and funding overlap.
Blockchain
The largest measured segment in this report snapshot.
72 companies hiring · $1.15B disclosed funding
Explore in RadarHow companies make money
Common revenue models; a company can use more than one.
THE COMPANIES IN MOTIONWho is listing, hiring leaders, launching and winning work
Recorded corporate activity linked to companies in this landscape.
Expand panel +
Who is listing, hiring leaders, launching and winning work
Recorded corporate activity linked to companies in this landscape.
Recent corporate headlines 10 dated reports
Kochi-headquartered electronics manufacturing services company SFO Technologies has raised approximately $82 million in a funding round led by growth-stage private equity fund Trident Growth Partners (TGP) and Amicus Capital Partners, with participation from Anicut Continuum Equity Fund and HDFC AMC Select AIF FOF-1.
Pine, an AI-driven consumer digital‑chore automation company, has secured $25m in a Series A funding round led by Fortwest Capital.
OnRamp, a Boston, MA–based intelligent, AI-powered customer engagement and onboarding platform, has raised $15 million in Series A funding.
Kuru is excited to announce our $11.6m Series A round led by @paradigm
A spinout of VTT Technical Research Centre of Finland, Hypermine, has today announced the successful closure of its seed funding round.
has secured $500k (≈INR 4.17–5 crore) in its pre‑seed round led by Manit Gupta.
Mit der Beteiligung stärkt die Skybrain GmbH, die als Sparringspartner und Mentor in der Funktion eines Bindegliedes zum Management agiert, ihr Venture‑Capital Portfolio im DACH‑Raum.
Initial public offer of upto 23,28,000 equity shares of face value of Rs.10/- each (the equity shares) of Advantal Technologies Limited (the company or the issuer or ATL) at an issue price of Rs.[*] per equity share for cash, aggregating up to Rs.[*] crores (public issue) out of which [*] equity shares of face value of Rs.10 each, at an issue price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs.10 each, at an issue price of Rs.[*] per equity share for cash, aggregating upto Rs.[*] crores is here in after referred to as the net issue. The public issue and net issue will constitute 26.37% and [*]% respectively of the post-issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company in consultation with the brlm.
Initial public offer of upto 36,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of the company at an issue price of Rs. [*] per equity share (Including a share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores (Public Issue) out of which [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The Public issue less market maker reservation portion i.e. Issue of [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid-up equity share capital of the company.The Price band and the minimum bid lot will be decided by the company.
CoinDCX announces Rs 111 Cr ESOP buyback for current and former employees
Full recorded event mix
Top 10 categories among 43 recorded events in the 24-month window.
IPO pipeline
2 companies with recorded IPO activity
IPO1 reports
IPO1 reports
Workforce actions
1 companies with reported reductions
55 rolesGST regime
Regulatory events
5 recorded events
review of past tiesDelhi High Court
approved restructuring planSingapore High Court
rejected restructuring proposalSingapore High Court
approved for Snowflake AI Data Cloud Services Select TierSnowflake
Litigation
3 tracked suits
restructuring plan approvalCivil · Settled
restructuring plan and moratorium shielding the company from creditor lawsuitsRegulatory · Ongoing
Mergers and acquisitions
Company-linked deal reports; status is preserved as recorded.
| Acquirer → target | Status | Date | Value / context |
|---|---|---|---|
| INT→ranktech solutions | Announced | 2026-02-04 | Not stated in snapshot |
| Skybrain→REFRESH Internet GmbH | Announced | 2025-02-12 | Not stated in snapshot |
| binance→WazirX ↗ | Announced | 2024-08-27 | Not stated in snapshot |
| nexo→Vauld ↗ | Pending | 2023-12-26 | Not stated in snapshot |
| Delente Technologies→FlipItMoney ↗ | Announced | 2023-11-10 | Not stated in snapshot |
| Delente Technologies→FlipItMoney ↗ | Announced | 2023-11-09 | Not stated in snapshot |
A discussion or rumour is not a completed transaction. An unstated value is not zero.
PEOPLE & OPPORTUNITYThe talent market
895 postings in the preceding 12 months. The full 1,251-posting snapshot covers 140 employers.
Expand panel +
The talent market
895 postings in the preceding 12 months. The full 1,251-posting snapshot covers 140 employers.
Most advertised job titles
32 tracked postings mention remote work.
The seniority mix
540 postings specify a level.
Skills employers mention
Top skills across 1,251 tracked postings in the available jobs snapshot.
Median across 388 postings with pay data, expressed in USD.
Companies hiring
| Company | Open roles |
|---|---|
| deqode ↗ | 13 |
| Codemonk ↗ | 8 |
| IBU Consulting ↗ | 6 |
| IBaseIT ↗ | 6 |
| CoinDCX ↗ | 6 |
| ChainScript Labs ↗ | 6 |
| Parangat Technologies ↗ | 6 |
| Tecblic ↗ | 6 |
Large employers
| Company | Employees |
|---|---|
| Appinventiv ↗ | 960 |
| Mobiloitte ↗ | 750 |
| Ideas2IT Technologies ↗ | 694 |
| Talentica ↗ | 507 |
| INT ↗ | 501 |
| CoinSwitch ↗ | 354 |
| Azilen ↗ | 201 |
| ZebPay ↗ | 178 |
THE PEOPLE BUILDING THE FIELDFounders and leaders
975 founders and chief executives across 659 companies.
Expand panel +
Founders and leaders
975 founders and chief executives across 659 companies.
Ashish Singhal
CoinSwitch ↗Co-Founder PeepalCo, ex-Reap Benefit, Livspace.com, Amazon. Netaji Subhas Institute of Technology BE 2011
Sumit Gupta
CoinDCX ↗CoinDCX Ventures, ex-Co-Founder ListUp, Sony. IIT Bombay BTech 2013, MTech 2014
Jacob Pappen
SFO Technologies ↗Sfo Technologies, ex-Technotools Cyient, ex-Cyient, BITS Pilani, 2003
Aditya Kothari
GARI ↗Ex-Co-Founder Plixr Technologies, Bounce, heyleela, Spare Tickets. Presidency College BBM 2009
Sanju Kurian
Vauld ↗Ex-Kings Learning. Cochin University of Science and Technology BTech 2014
Prince Arora
Mudrex ↗Ex-Co-Founder Niffler Labs, Tapzo, Deutsche Bank. IIT Kanpur BTech 2011
Bhavesh Praveen
tanX ↗Co-Founder Krypto, ex-WorkIndia, GDG. VIT BTech 2020
Harsh Rajat
Push ↗Ex-Founder & CEO Digital Poke, 3 Magic Shots. University of Mumbai BSc 2006, MET League of Colleges MCA 2009
Sudheer Kuppam
Zebi ↗Ex-MD Intel Capital, LSI Logic. IIT Madras, Rensselaer Polytechnic Institute
Gopi Kannappan
BitsCrunch ↗Bitscrunch, ex-Sap Hybris, ex-Hybris Software, University of Madras, 2004
Amitej Gajjala
Kelp DAO ↗Ex-Swiggy, Zapr Media Labs, A.T. Kearney, ZS Associates. IIT Madras B.Tech 2009, IIM Calcutta M.B.A 2014
Srini Anala
Bullieverse ↗Ex-Bloqwise, Co-Founder Cognitochain, Capital One, Thomson Reuters. Pondicherry University B.Tech 2007
Education networks
122 profiles with education records.
Prior employers
27 profiles with prior-work records.
Profiles cover recorded founders and leaders; contact details remain in Radar.
NEWS INTELLIGENCEHow this industry appears in the news
56,826 articles in the measured 12-month window.
Expand panel +
How this industry appears in the news
56,826 articles in the measured 12-month window.
News volume trends
Blockchain Technology coverage across India · articles per complete quarter
View quarterly article counts
| Quarter | Articles |
|---|---|
| 2021Q2 | 8,382 |
| 2021Q3 | 9,712 |
| 2021Q4 | 9,223 |
| 2022Q1 | 11,415 |
| 2022Q2 | 11,879 |
| 2022Q3 | 11,766 |
| 2022Q4 | 13,071 |
| 2023Q1 | 13,432 |
| 2023Q2 | 12,921 |
| 2023Q3 | 12,847 |
| 2023Q4 | 11,923 |
| 2024Q1 | 12,912 |
| 2024Q2 | 12,071 |
| 2024Q3 | 14,155 |
| 2024Q4 | 13,958 |
| 2025Q1 | 16,486 |
| 2025Q2 | 12,148 |
| 2025Q3 | 13,804 |
| 2025Q4 | 12,871 |
| 2026Q1 | 16,934 |
Article volume measures coverage, not market sales.
Tone of coverage over time
Most-covered companies
Company share of voice
70 recorded company events across 25 companies; percentages use that event total.
Leading coverage topics
Blockchain Technology coverage across India · ranked by full-period article count.
Recent and prior counts use the source comparison windows.
Topics gaining and losing attention
Blockchain Technology coverage across India
| Keyword | Recent | Prior | Change |
|---|---|---|---|
| ai research | 2,184 | 1,230 | 78% |
| ai hardware | 1,906 | 1,334 | 43% |
| ai frameworks | 1,401 | 765 | 83% |
| responsible ai | 863 | 436 | 98% |
| ai regulation compliance | 741 | 449 | 65% |
| cloud infrastructure | 457 | 193 | 137% |
| stablecoin fx impact | 432 | 158 | 173% |
| decentralized forex | 413 | 179 | 131% |
| emerging tech governance | 296 | 190 | 56% |
| crypto-fiat arbitrage | 266 | 46 | 478% |
| 5g advanced | 138 | 249 | -45% |
| 6g networks | 129 | 231 | -44% |
| 5g provider | 103 | 191 | -46% |
| 5g coverage | 98 | 188 | -48% |
| 5g service area | 99 | 183 | -46% |
Event and signal lenses
Blockchain Technology coverage across India
Regulatory Risk
86,620 classified articlesdigital banking innovations, next-gen banking platforms, platform banking
66.7% critical · 47.0% positiveFunding Momentum
11,664 classified articlesai hardware, digital banking funding, pre-ipo valuation
59.6% critical · 57.3% positiveGrowth
30,909 classified articlesdigital banking innovations, next-gen banking platforms, payment system integration
60.4% critical · 53.5% positiveBlockchain Technology coverage across India. Topic labels describe recorded classifications and can include broad context.
RESEARCH SIGNALSWhat Blockchain Technology research is working on
8,665 papers in the recorded india scope.
Expand panel +
What Blockchain Technology research is working on
8,665 papers in the recorded india scope.
Research orientation
Contribution mix
Tone counts: 8,463 positive · 30 neutral · 172 negative.
- Blockchain1,056 papers
- Computer security502 papers
- Supply chain120 papers
- Internet of Things111 papers
- Health care94 papers
- Transparency87 papers
- Cryptocurrency82 papers
- Distributed ledger63 papers
Landmark: A Survey on Security and Privacy Issues of Bitcoin
- Blockchain200 papers
- Computer security84 papers
- Supply chain28 papers
- Transparency24 papers
- Health care21 papers
- Cryptocurrency18 papers
- Internet of Things18 papers
- Interoperability16 papers
Landmark: Formal Verification of Smart Contracts
- Blockchain5,480 papers
- Computer security2,473 papers
- Transparency588 papers
- Supply chain583 papers
- Internet of Things582 papers
- Scalability527 papers
- Cloud computing428 papers
- Database transaction405 papers
Landmark: A Decentralized Privacy-Preserving Healthcare Blockchain for IoT
Leading institutions
Leading researchers
Highly cited breakthrough-labelled papers
- A Decentralized Privacy-Preserving Healthcare Blockchain for IoT854 citations
- ZEUS: Analyzing Safety of Smart Contracts699 citations
- PPSF: A Privacy-Preserving and Secure Framework Using Blockchain-Based Machine-Learning for IoT-Driven Smart Cities348 citations
- BHEEM: A Blockchain-Based Framework for Securing Electronic Health Records334 citations
- Fortified-Chain: A Blockchain-Based Framework for Security and Privacy-Assured Internet of Medical Things With Effective Access Control295 citations
Common problems researchers identify
1,084 papers · 7 recurring themes
Common problems researchers identify · 01Financial Services Transparency
223 papers20.6% of this theme group
Researchers highlight challenges in applying blockchain to improve openness and trust within the financial sector.
Blockchain (203) · Financial services (26) · Financial sector (13) · Transparency (33)
Adoption of Blockchain Technology in the Financial Sector
Blockchain Technology for the Financial Market
View research history
| Year | Share index |
|---|---|
| 2022 | 45.5 |
| 2023 | 49.9 |
| 2024 | 49.3 |
| 2025 | 74.0 |
Common problems researchers identify · 02Security and Privacy Threats
210 papers19.4% of this theme group
Papers flag vulnerabilities and privacy concerns that arise when blockchain intersects with cryptocurrencies and cloud environments.
Computer security (182) · Blockchain (201) · Cryptocurrency (33) · Cloud computing (20)
A Comprehensive survey on Blockchain: Working, security analysis, privacy threats and potential applications
Exploring Security Threats on Blockchain Technology along with possible Remedies
View research history
| Year | Share index |
|---|---|
| 2022 | 1099.3 |
| 2023 | 1056.8 |
| 2024 | 908.9 |
| 2025 | 1040.0 |
Common problems researchers identify · 03Voting and Identity Risks
185 papers17.1% of this theme group
Studies point out security and trust issues in using blockchain for electronic voting and digital identity management.
Computer security (136) · Blockchain (174) · Voting (19) · Identity (11)
Blockchain Technology:– A New Technology for Creating Distributed and Trusted Computing Environment
E - Voting Using Blockchain
View research history
| Year | Share index |
|---|---|
| 2022 | 17.7 |
| 2023 | 20.8 |
| 2024 | 16.2 |
| 2025 | 18.7 |
Common problems researchers identify · 04Healthcare Data Protection
144 papers13.3% of this theme group
Authors discuss obstacles to securing medical records and ensuring privacy when blockchain is adopted in health care.
Health care (97) · Blockchain (135) · Computer security (78) · Health records (7)
Digital Healthcare using Blockchain
Application of Blockchain in Digital Healthcare
View research history
| Year | Share index |
|---|---|
| 2022 | 3383.0 |
| 2023 | 3401.0 |
| 2024 | 3051.7 |
| 2025 | 3225.7 |
Common problems researchers identify · 05IoT Scalability and Security
131 papers12.1% of this theme group
Research identifies scalability bottlenecks and security gaps when integrating blockchain with Internet‑of‑Things devices.
Internet of Things (104) · Blockchain (126) · Computer security (95) · Scalability (16)
Addressing Security and Privacy Issues of IoT Using Blockchain Technology
Towards the Integration of Blockchain and IoT for Security Challenges in IoT
View research history
| Year | Share index |
|---|---|
| 2022 | 993.8 |
| 2023 | 1032.0 |
| 2024 | 1109.5 |
| 2025 | 1146.9 |
Common problems researchers identify · 06Supply Chain Traceability Limits
123 papers11.3% of this theme group
Works examine difficulties in achieving full traceability and transparency across complex supply‑chain networks using blockchain.
Supply chain (96) · Supply chain management (35) · Blockchain (114) · Traceability (29)
Blockchain Technology for Transparency in Agri-Food Supply Chain: Use Cases, Limitations, and Future Directions
Blockchain technology in the food supply chain: a way towards circular economy and sustainability
View research history
| Year | Share index |
|---|---|
| 2022 | 882.6 |
| 2023 | 929.1 |
| 2024 | 895.1 |
| 2025 | 951.9 |
Common problems researchers identify · 07Smart Contract Reliability
68 papers6.3% of this theme group
Analyses reveal challenges in designing secure, dependable smart contracts for energy grids and other critical infrastructures.
Smart contract (40) · Blockchain (54) · Computer security (37) · Smart grid (7)
An Overview of Smart Contract and Use Cases in Blockchain Technology
A Systematic Literature Review on Blockchain-based Smart Contracts: Platforms, Applications, and Challenges
View research history
| Year | Share index |
|---|---|
| 2022 | 77.0 |
| 2023 | 71.5 |
| 2024 | 43.0 |
| 2025 | 49.3 |
Cautions
215 papers · 4 recurring themes
Cautions · 01Cryptographic Foundations Concerns
102 papers47.4% of this theme group
Authors urge caution about cryptographic weaknesses that could undermine blockchain applications in IoT and data security.
Blockchain (91) · Computer security (63) · Internet of Things (15) · Cryptography (8)
Assessing the prospects and constraints of blockchain technology for intellectual property management
Implementation of Blockchain Technology to Enhance Data Security for Cloud Computing
View research history
| Year | Share index |
|---|---|
| 2022 | 1156.4 |
| 2023 | 1186.2 |
| 2024 | 1254.4 |
| 2025 | 1221.2 |
Cautions · 02Supply Chain Transparency Risks
63 papers29.3% of this theme group
Papers caution that blockchain may not fully resolve transparency issues and could introduce new operational challenges.
Transparency (23) · Supply chain (22) · Supply chain management (13) · Blockchain (58)
Blockchain Technology in Supply Chain Management: Prospects and Challenges
Blockchain Technology for Enhancing Supply Chain Transparency: Opportunities and Challenges
View research history
| Year | Share index |
|---|---|
| 2022 | 865.1 |
| 2023 | 913.1 |
| 2024 | 889.6 |
| 2025 | 938.3 |
Cautions · 03Financial Intermediation Impacts
25 papers11.6% of this theme group
Researchers warn of regulatory and systemic risks when blockchain disrupts traditional financial intermediaries and services.
Cryptocurrency (9) · Intermediary (4) · Financial services (4) · Blockchain (20)
Digital Currency and Blockchain Technology in the Financial World
Blockchain Disrupting Supply Chain Finance: Transformative Solutions and Emerging Challenges
View research history
| Year | Share index |
|---|---|
| 2022 | 138.3 |
| 2023 | 132.1 |
| 2024 | 104.2 |
| 2025 | 143.5 |
Cautions · 04Healthcare Interoperability Issues
25 papers11.6% of this theme group
Studies highlight potential incompatibilities and data‑sharing hurdles when blockchain is layered onto existing health systems.
Health care (19) · Blockchain (24) · Computer security (16) · Interoperability (6)
Blockchain for Securing AI-Driven Healthcare Systems: A Systematic Review and Future Research Perspectives
Blockchain Technology In Healthcare Industry
View research history
| Year | Share index |
|---|---|
| 2022 | 3423.9 |
| 2023 | 3442.1 |
| 2024 | 3079.3 |
| 2025 | 3291.1 |
Opportunities
6,104 papers · 7 recurring themes
Opportunities · 01Secure Distributed Computing
1,560 papers26.0% of this theme group
Works explore how blockchain can strengthen security and scalability in decentralized data processing and federated learning.
Blockchain (1,295) · Computer security (573) · Scalability (215) · Distributed computing (121)
Securing Distributed Data Mechanism Based On Blockchain Technology
Blockchain-Enhanced Federated Learning: A New Paradigm for Secure Distributed Machine Learning
View research history
| Year | Share index |
|---|---|
| 2022 | 524.5 |
| 2023 | 510.5 |
| 2024 | 328.9 |
| 2025 | 396.4 |
Opportunities · 02Enhanced Authentication and Transparency
1,450 papers24.2% of this theme group
Papers present blockchain as a tool for improving identity verification, transaction transparency, and overall cybersecurity.
Blockchain (1,368) · Computer security (916) · Transparency (197) · Authentication (106)
Blockchain for Cybersecurity_ Securing Data Transactions and Enhancing Privacy in Digital Systems
Enhancing Security of Cloud Computing Transaction using Blockchain
View research history
| Year | Share index |
|---|---|
| 2022 | 7.6 |
| 2023 | 8.0 |
| 2024 | 12.4 |
| 2025 | 11.7 |
Opportunities · 03Patient Record Protection
906 papers15.1% of this theme group
Research showcases blockchain’s potential to safeguard health records and ensure patient data integrity.
Health care (379) · Blockchain (838) · Computer security (525) · Health records (55)
Healthcare Data Security using Blockchain Technology
Securing Patient Health Records Using Blockchain
View research history
| Year | Share index |
|---|---|
| 2022 | 3383.0 |
| 2023 | 3401.0 |
| 2024 | 3051.7 |
| 2025 | 3225.7 |
Opportunities · 04IoT Data Integrity
718 papers12.0% of this theme group
Studies demonstrate blockchain’s ability to secure communication and maintain trust among connected devices.
Internet of Things (461) · Blockchain (659) · Computer security (418) · Computer network (101)
Blockchain-Enabled IoT: Revolutionizing Security and Data Integrity in Connected Devices
A Blockchain-Based Intelligent IoT Communication System for Enhanced Security, Reliability, and Efficiency
View research history
| Year | Share index |
|---|---|
| 2022 | 1394.4 |
| 2023 | 1381.0 |
| 2024 | 1305.4 |
| 2025 | 1020.9 |
Opportunities · 05Traceability in Supply Chains
617 papers10.3% of this theme group
Works highlight blockchain’s role in improving product traceability and accountability across supply‑chain networks.
Supply chain (506) · Supply chain management (155) · Traceability (215) · Blockchain (561)
Framework for Enhancing the Traceability in Supply Chain Using Blockchain
The Role of Blockchain Technology in an improved Food Supply Chain Management System
View research history
| Year | Share index |
|---|---|
| 2022 | 882.6 |
| 2023 | 929.1 |
| 2024 | 895.1 |
| 2025 | 951.9 |
Opportunities · 06Sustainable Smart Contracts
521 papers8.7% of this theme group
Papers discuss blockchain‑enabled contracts that promote sustainability and efficiency in complex logistical processes.
Smart contract (279) · Smart grid (77) · Blockchain (394) · Computer security (230)
Blockchain-Based Smart Contracts for Sustainable Supply Chain Practices
Blockchain-Enabled Smart Contracts for Transparent and Sustainable Supply Chains
View research history
| Year | Share index |
|---|---|
| 2022 | 77.0 |
| 2023 | 71.5 |
| 2024 | 43.0 |
| 2025 | 49.3 |
Opportunities · 07Blockchain‑Based E‑Voting
228 papers3.8% of this theme group
Research investigates how blockchain can provide secure, transparent platforms for electronic voting systems.
Voting (207) · Electronic voting (75) · Computer security (176) · Blockchain (197)
Blockchain-Based E-Voting System
Blockchain Based E-Voting System
View research history
| Year | Share index |
|---|---|
| 2022 | 16.8 |
| 2023 | 19.2 |
| 2024 | 14.9 |
| 2025 | 18.3 |
How this field compares with the research baseline
Orientation shares compared with 25,000 papers in the reference sample.
| Research orientation | This field | Reference sample |
|---|---|---|
| Breakthrough | 38.4% | 26.8% |
| Promising | 35.0% | 36.9% |
| Problem-identifying | 13.1% | 9.6% |
| Descriptive | 7.9% | 17.7% |
| Comparative | 2.8% | 3.8% |
| Cautionary | 2.6% | 4.2% |
| Critical | 0.2% | 0.9% |
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 paper | Papers | Share | Raised as a problem | Worldwide share |
|---|---|---|---|---|
| Privacy & surveillanceA Survey on Security and Privacy Issues of Bitcoin | 1,334 | 16.12% | 229 (17.2%) | 12.38% |
| Hardware, e-waste & supply chainE-waste Management Using Blockchain based Smart Contracts | 15 | 0.18% | 0 (0.0%) | 0.09% |
| Energy & datacenter footprintOptimization of Green Computing in Data Privacy in Healthcare BCT Framework | 9 | 0.11% | 1 (11.1%) | 0.07% |
| Safety & misuseBlockchains to curb Fake News in an Online World | 8 | 0.1% | 3 (37.5%) | 0.17% |
| Concentration of compute powerAugmenting Blockchain With Competition Law for a Sustainable Economic Evolution | 4 | 0.05% | 2 (50.0%) | 0.07% |
| Labour & data workThe Evolution of Labor Market: A Blockchain Based Decentralized Hiring System for Efficient Labor Acquisition | 2 | 0.02% | 0 (0.0%) | 0.04% |
| Bias & fairnessBlockchain-Powered Lotteries - Unveiling the Mechanics of Fairness and Security | 2 | 0.02% | 1 (50.0%) | 0.13% |
| Water use | 0 | 0.0% | 0 (%) | 0.0% |
| Carbon & emissions of compute | 0 | 0.0% | 0 (%) | 0.02% |
Institution and researcher rankings use citations to their covered work. Research scope: India. This may be broader than the company geography.
GEOGRAPHIC FOOTPRINTWhere companies are based
Company counts, hiring and disclosed funding across the recorded hubs.
Expand panel +
Where companies are based
Company counts, hiring and disclosed funding across the recorded hubs.

Bengaluru
292 companies33.3% across the displayed hubs
21 companies hiring · $597.4M disclosed funding
Explore companies in Bengaluru ↗
Mumbai
130 companies14.8% across the displayed hubs
12 companies hiring · $273.1M disclosed funding
Explore companies in Mumbai ↗
Delhi
118 companies13.5% across the displayed hubs
4 companies hiring · $173.5M disclosed funding
Explore companies in Delhi ↗
Chennai
80 companies9.1% across the displayed hubs
3 companies hiring · $35.9M disclosed funding
Explore companies in Chennai ↗
Hyderabad
77 companies8.8% across the displayed hubs
7 companies hiring · $59.9M disclosed funding
Explore companies in Hyderabad ↗
Noida
66 companies7.5% across the displayed hubs
8 companies hiring · $5.8M disclosed funding
Explore companies in Noida ↗
Pune
58 companies6.6% across the displayed hubs
10 companies hiring · $8.3M disclosed funding
Explore companies in Pune ↗
Gurugram
56 companies6.4% across the displayed hubs
5 companies hiring · $15.0M disclosed funding
Explore companies in Gurugram ↗Blockchain Technology in India: 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: 7 August 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 ↗