
Financial Services Landscape of India
9,288 Financial Services companies in India, in one picture: who is hiring, who is raising money, who founded them, where they are based, what the news is about and which skills employers want. Updated August 2026.
Who leads Financial Services in India
Shows the top 9,288 Indian financial services firms, highlighting hiring leaders like AXA XL, best‑funded firms such as Yes Bank, and the 890 companies currently recruiting.
- 01
AXA XL13last posted Aug 2026
- 02
Milliman11last posted Jun 2026
- 03
Ayvens10last posted Jun 2026
- 04
Signal Expert Global9last posted Aug 2026
- 05
Ujjivan Small Finance Bank7last posted Aug 2026
- 06
Providence India7last posted Aug 2026
- 07
NK Securities Research7last posted Jul 2026
- 08
Barclays7last posted Aug 2026
- 01
Yes Bank$6.9BPost IPO · Dec 2022
- 02
Deewan Housing Finance Corporation$4.1BPost IPO · Jan 2019
- 03
Bajaj Finserv$3.5BPost IPO · Oct 2023
- 04
CNH Industrial Capital$2BConventional Debt · Sep 2023
- 05
IDFC First Bank$1.6BPost IPO · Apr 2025
- 06
Aegon Life$1.3B— · —
- 07
Sammaan Capital$1.2BPost IPO · Oct 2025
- 08
Jana Small Finance Bank$1.1BSeries G · Jan 2024
- 01
SBI$71.8Bsnapshot Mar 2024
- 02
Barclays$28.3BFY2022 filing
- 03
HDFC$19.4BFY2022 filing
- 04
HDFC Credila$19.4BFY2022 filing
- 05
Canara Bank$19.3BFY2022 filing
- 06
Bank of Baroda$17.1Bsnapshot Mar 2024
- 07
PFC$10.2Bsnapshot Mar 2022
- 08
Indian Bank$8.4BFY2025 filing
- 01
SBI235,858tracked employees
- 02
HDFC213,527tracked employees
- 03
ICICI Bank133,131tracked employees
- 04
Punjab National Bank104,120tracked employees
- 05
Life Insurance Corporation of India98,667tracked employees
- 06
Canara Bank82,638tracked employees
- 07
Bandhan Bank82,070tracked employees
- 08
Kotak Mahindra Bank76,989tracked employees
- 01
HDFC Bank3.9%983 tracked events
- 02
IndusInd Bank3.3%847 tracked events
- 03
Tata Capital3.2%805 tracked events
- 04
Bajaj Housing Finance2.9%722 tracked events
- 05
Kotak Mahindra Bank2.2%550 tracked events
- 06
HDB Financial Services2.2%547 tracked events
- 07
ICICI Bank2.0%515 tracked events
- 08
Life Insurance Corporation of India1.9%476 tracked events
- 01
SBI6,386articles in the window
- 02
HDFC Bank6,204articles in the window
- 03
NSE5,139articles in the window
- 04
State Bank of India4,427articles in the window
- 05
ICICI Bank4,047articles in the window
- 06
Axis Bank3,909articles in the window
- 07
Kotak Mahindra Bank3,640articles in the window
- 08
MCX3,121articles in the window
See all 9,288 Financial Services companies in India
Filter by funding, headcount, hiring and location, and export the list.
How the Financial Services ecosystem in India grew, 2016–2025
Displays the number of firms founded each year, with a peak of 498 new companies in 2020 and 77 in 2025.
Where Financial Services companies in India are based
Lists the cities with the most financial services firms, led by Mumbai with 1,960 companies, followed by Delhi, Bengaluru, Chennai, and Kolkata.








The Financial Services market map of India: what these companies actually do
Breaks down product sub‑categories, noting nbfc lenders (1,241 firms) as the largest, and shows common revenue models like fee‑for‑service (6,187 firms).
The biggest kinds of Financial Services company, by how many we track.








- Nbfc Lenders1,241 companies · $30.4B raised · 204 hiring
- Fintech245 companies · $3.3B raised · 34 hiring
- Consumer Digital242 companies · $3.3B raised · 36 hiring
- Enterprise Tech175 companies · $2.8B raised · 28 hiring
- Investment Tech114 companies · $338.4M raised · 11 hiring
- Housing Finance85 companies · $5.6B raised · 32 hiring
- Internet First Lenders75 companies · $3.1B raised · 17 hiring
- Internet First Wealth Management Platforms37 companies · $3.7M raised · 3 hiring
- Marketplaces35 companies · $427.7M raised · 5 hiring
- Enterprise Software34 companies · $37.3M raised · 8 hiring
- Online Financial Planners and Advisors33 companies · $3.7M raised · 2 hiring
- IT Services33 companies · $1.9M raised · 7 hiring
Monetization
How Financial Services companies make money
How many companies earn revenue each way. Plenty use more than one model, so the counts add up to more than the sector.
Funding, M&A and the deals moving Financial Services in India
Counts 13,296 corporate events over the past two years, including 7,130 earnings releases and 884 mergers and acquisitions.
- M&ABarclays’ £600m takeover of Tesco’s banking arm last year.2026-05-01
- M&AFederal Bank said it agreed to acquire a select credit card portfolio of around 4.5 lakh cards from Standard Chartered Bank, India, comprising customers with standalone card relationships.2026-05-01
- FundingBrookfield India Real Estate Trust has raised ₹2,600 crore from a qualified institution placement (QIP) of 80,495,356 units.2026-04-29
- M&AGrant Thornton’s private equity-backed US arm plans to acquire the firm’s Australian affiliate in a bid to extend the network’s increasingly global reach.2026-04-28
- FundingAditya Birla Capital has raised Rs 200 crore through allotment of Non-Convertible Debentures (NCDs) on private placement basis.2026-04-28
- FundingAxis Finance has secured ₹750 crore in primary capital from private equity firm Kedaara Capital for a 5.08% stake, the non-banking financial company's parent Axis Bank said in a regulatory notice on Saturday.2026-04-25
- M&AWhen a 15% stake sale to 360 One implied valuation of 3,000 crore, or about 1.1 times the embedded value (EV).2026-04-24
- FundingMufin Green Finance has completed a preferential allotment, raising about ₹324 crore through the issuance of equity shares and warrants.2026-04-23
- FundingHDB Financial Services has raised Rs 300 crore through the allotment of 30,000 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each on private placement basis.2026-04-23
- FundingPrimeInvestor Raises ₹19.5 Cr from Rainmatter in First External Round2026-04-22
Mergers and acquisitions
Deals from the last 24 months where a Financial Services company in India was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.
| Acquirer | Target | Deal value | Status | Date |
|---|---|---|---|---|
| undisclosed | Announced | 2026-07-31 | ||
| undisclosed | Announced | 2026-07-01 | ||
| HDFC Limited | $40B | Announced | 2026-07-01 | |
| undisclosed | Completed | 2026-06-30 | ||
| undisclosed | Completed | 2026-06-30 | ||
| ING Vysya | undisclosed | Announced | 2026-06-26 |
Who is listing, hiring leaders, launching and winning work
Details specific events such as IPO filings, leadership changes, product launches, and contract wins within the sector.
Life Insurance Corporation of IndiaOFS · 5 reportsApr 2026
SBI Funds ManagementOFS · BSE, NSE · 8 reportsApr 2026
NSEOFS · NSE · 36 reportsApr 2026
5paisaOFS · 1 reportApr 2026
United India Insurance CompanyNSE · 1 reportApr 2026
Shreni SharesIPO · BSE and NSE · 3 reportsApr 2026
SBI Mutual FundOFS · NSE · 7 reportsApr 2026
Hero FincorpIPO · NSE, BSE · 11 reportsApr 2026
IndusInd BankAnand Kumar Das · Appointment → Company Secretary and Key Managerial PersonnelMay 2026
Manappuram FinanceMr. Rishi Mandawat · Appointment → Additional Non-Executive Non-Independent DirectorMay 2026
IndusInd BankAmitabh Kumar Singh · Appointment → Chief Human Resources OfficerMay 2026
Manappuram FinanceMr. Ashish Arvind Kotecha · Appointment → Additional Non-Executive Non-Independent DirectorMay 2026
Poonawalla FincorpMrs. Rano Verma · Appointment → Head of Customer Service & Strategic InitiativesMay 2026
IndusInd BankIndrajit Yadav · Departure — was Senior Management PersonnelMay 2026
Poonawalla FincorpB. K. Khare & Co · Appointment → Joint Statutory AuditorMay 2026
Manappuram FinanceMs. Rosemary Sebastian · Appointment → Additional Non-Executive Independent DirectorMay 2026
L&T FinanceProject Cyclops (Credit Risk Engine)Apr 2026
L&T FinancePLANET app (Digital channel)Apr 2026
Startup StairsStartup League 2026 (Hackathon and Funding Platform)Apr 2026
PNB MetLifePNB MetLife RISE Plan (Insurance)Apr 2026
Poonawalla Fincorpadvanced conversational AI platform (AI Platform)Apr 2026
Axis Trustee ServicesPRISM (Trustee services platform)Apr 2026
Poonawalla FincorpTenzorX 2026 (Hackathon)Apr 2026
Axis Trustee ServicesPRISM (Digital trustee platform)Apr 2026
Welspun Enterpriseswon Indo Global Soft Solutions and Technologies Pvt LtdMay 2026
State Bank of Indiawon Singareni Collieries Company LimitedApr 2026
Welspun Enterpriseswon undisclosed clientApr 2026
National Asset Reconstructionwon Mcleod Russel IndiaApr 2026
J&K Bankwon polaris indiaApr 2026
HDFC Bankwon BYD IndiaApr 2026
Axis Bank~3,000 roles reported · digital transformationMay 2026
KPMG APAC~600 roles reported · cost reductionApr 2026
HDFC Bank~3 roles reported · mis-sellingMar 2026
IndusInd Bankscale undisclosed · cost reductionNov 2025
Rajshree Tracom~12,000 roles reportedOct 2025
Barclays~3% of workforce reported · cost reductionJul 2025
Tata Motors Financecanceled licence — Reserve Bank of India (RBI)May 2026
corientpending regulatory approval for Canadian launchApr 2026
Axis Bankapproved reappointment of Subrat Mohanty — Reserve Bank of IndiaApr 2026
AU Small Finance BankMD continuation approved — Reserve Bank of IndiaApr 2026
- icici bank v Rajesh Business & Leisure HotelsCorporate insolvency resolution · SettledMay 2026
- state bank of india, punjab national bank, bank of baroda, l v reliance communications, Anil Ambanibank fraud/money laundering case · FiledApr 2026
Half of these companies grew revenue faster than +15.3%, half slower.
Who is building Financial Services in India
Profiles 4,050 founders and CEOs across 3,177 firms, noting frequent alma maters like IIM Ahmedabad and prior employers such as Morgan Stanley.
CEO Indiabulls Housing Finance. Goa Institute of Management MBA
Ex-CEO Emerging India Investment Advisors, South Asian Real Estate group, Barclays Bank, Standard Chartered. Maharshi Dayanand University LLB 1995…
Sri Venkateswara College BCom (1996)
Ex-ING Vysya Life Insurance, Esanda FinANZ.
Ex-CEO Crdito Familiar Banamex Mexico, Banamex. ITAM BA 1993
Managing Director-Prayaan Capital · Ex-Five-Star Business Finance India, International Finance, World Bank…
Ex-Bharat Financial Inclusion, Canara HSBC Oriental Bank of Commerce Life Insurance Company, ING Life Insurance, Standard Chartered Bank…
Ex-CEO IFMR Rural Channels & Services, ICICI Bank, Canara Bank
Ex-Container Corporation of India, Railway Board Delhi, Indian Railways. Hindu College, University of Delhi BS 1990, MS 1992, IIT Dhanbad MBA 2013
- flagged as repeat founders35
- no repeat-founder flag3,160
- women381
- men2,844
Look up the people behind Financial Services companies in India
Search founders, executives and operators by company, role and location.
Who funds Financial Services in India
Records 1,343 funding rounds since 2016 from 3,625 investors, with an average round size of $6.9 million.
| Investor · most active investors since 2016 | Rounds | Led | Latest |
|---|---|---|---|
| Peak XV Partners | 33 | 17 | Feb 2026 |
| BlueOrchard | 26 | 2 | Jan 2025 |
| IFC | 24 | 3 | Jan 2025 |
| British International Investment | 23 | 9 | Aug 2025 |
| Elevar Equity | 22 | 5 | Nov 2024 |
| Lok Capital | 21 | 9 | Sep 2025 |
| Northern Arc Capital | 21 | — | Apr 2025 |
| responsAbility | 18 | 3 | Jul 2025 |
| Accel | 18 | 3 | Aug 2025 |
| Accion | 16 | 6 | Feb 2026 |
The typical round is $6.9M — half were bigger, half smaller.
The biggest Financial Services funding rounds in India
Highlights the largest disclosed round—Star Health and Allied Insurance’s $360.9 million Series F—and lists ten other large recent rounds.
| Company | Round | Size | When | Backers |
|---|---|---|---|---|
| Series Fmega-round | $360.9M | Dec 2020 | Konark group, Apis Partners, Notre Dame +24 more | |
| Series Dmega-round | $294.6M | Nov 2015 | Temasek, Premji Invest | |
| Series Dmega-round | $282.8M | Jun 2022 | ADIA | |
| Series Dmega-round | $264M | Dec 2016 | KKR, Temasek | |
| Series D | $234M | Mar 2021 | KKR, TVS Capital Funds, TPG +4 more | |
| Series B | $220M | Nov 2021 | Tiger Global Management, Insight Partners, Sunley House Capital Management +8 more | |
| Series C | $200M | Apr 2019 | Creation Investments, 360 One, Multiples Alternate Asset Management +4 more | |
| Series F | $184.2M | Sep 2017 | TPG, Morgan Stanley, GIC +7 more | |
| Series D | $172.6M | Jun 2008 | SBI, IDBI Bank, IDFC +37 more | |
| Series F | $164.3M | Jun 2021 | GIC, Capital Group |
192 venture rounds with a disclosed amount in the window.
Series C$5MMay 2026
Grant (prize money)undisclosedMay 2026
Unattributed$156MMar 2026
PE$53.7MMar 2026
Conventional Debt$10.8MMar 2026
Conventional Debt$10MMar 2026
Series C$5.1MMar 2026
Conventional Debt$4.2MMar 2026
What the news says about Financial Services in India
Aggregates 1,357,601 news articles from the last year, covering topics such as geopolitical disputes and trade‑related terms.
What the coverage is about
The subjects that dominate Financial Services news in India. The arrow shows whether each one is being written about more or less than a year ago.
- Geopolitical disputes and contested areas300,767▲+33%
- International and transnational geographic entities300,748▲+33%
- Administrative and political subdivisions300,693▲+33%
- International sports competitions112,947→+1%
- International political relations73,660▲+49%
- New product launches and innovations60,765▲+30%
- Cricket test matches55,727▲+13%
- Political party dynamics53,187→+4%
- Strategic partnerships and collaborations52,980▲+36%
- Trade policies and agreements47,216▲+94%
- 6,386
- 6,204
- 5,139
- 4,427
- 4,047
- 3,909
- 3,640
- 3,121
- 3,090
- 2,493
325 Financial Services companies here were named in the news over this period.
Watch Financial Services coverage in India as it happens
Prism follows these subjects story by story — which companies are named, what is said about them and how the tone moves.
Momentum
The words getting louder — and quieter
Which terms are showing up in more stories than a year ago, and which are fading. The percentage is the change in how many articles mention them.
The pressures the press keeps returning to
Three recurring angles in India Financial Services coverage, and whether each is getting more attention year on year (through 2025).
Financial Services jobs in India: who is hiring and what they ask for
Shows 19,226 job postings from 705 employers in the past year, with median pay of $5 k per year and top skills like sales and KYC.
Demand
The Skills Employers Ask For
What Financial Services employers in India put in their job ads. The bar is how many postings ask for it; the arrow shows whether demand grew or shrank against the year before.
- sales4,625▲
- refer to the job description4,256▲
- lead generation3,613▲
- kyc3,428▲
- crm system3,307▲
- compliance1,272▲
- customer service1,226▲
- communication1,035▲
- relationship management970▲
- risk management715▲
- Manager$7k/yr (n=394)
- Lead$11k/yr (n=45)
- Senior$7k/yr (n=72)
- 2,912
- 1,624
- 485
- 474
- 415
- 251
Track Financial Services in India beyond this page
Radar finds and filters the companies. Prism watches what is being said about them.
Direct contact details for the people on this page are held in Fliar Radar, behind its own access controls.