Radar Landscapes Financial Services Landscape of India
Financial Services industry in India — illustrated cover for the Financial Services Landscape of India
Radar · Industry landscape · India

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.

9,288companies tracked
$53.4Bdisclosed funding
890hiring right now
13,296events · 24 months
1,357,601news articles · 12 months

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.

open roles
Hiring now
ranked by live open roles
  1. 01AXA XL13last posted Aug 2026
  2. 02Milliman11last posted Jun 2026
  3. 03Ayvens10last posted Jun 2026
  4. 04Signal Expert Global9last posted Aug 2026
  5. 05Ujjivan Small Finance Bank7last posted Aug 2026
  6. 06Providence India7last posted Aug 2026
  7. 07NK Securities Research7last posted Jul 2026
  8. 08Barclays7last posted Aug 2026
890 companies hiring · 338 posted in the last 30 days
disclosed funding
Most funded
disclosed totals, all rounds
  1. 01Yes Bank$6.9BPost IPO · Dec 2022
  2. 02Deewan Housing Finance Corporation$4.1BPost IPO · Jan 2019
  3. 03Bajaj Finserv$3.5BPost IPO · Oct 2023
  4. 04CNH Industrial Capital$2BConventional Debt · Sep 2023
  5. 05IDFC First Bank$1.6BPost IPO · Apr 2025
  6. 06Aegon Life$1.3B— · —
  7. 07Sammaan Capital$1.2BPost IPO · Oct 2025
  8. 08Jana Small Finance Bank$1.1BSeries G · Jan 2024
415 companies with disclosed rounds · $53.4B total
revenue
Revenue leaders
official filings first, else latest snapshot
  1. 01SBI$71.8Bsnapshot Mar 2024
  2. 02Barclays$28.3BFY2022 filing
  3. 03HDFC$19.4BFY2022 filing
  4. 04HDFC Credila$19.4BFY2022 filing
  5. 05Canara Bank$19.3BFY2022 filing
  6. 06Bank of Baroda$17.1Bsnapshot Mar 2024
  7. 07PFC$10.2Bsnapshot Mar 2022
  8. 08Indian Bank$8.4BFY2025 filing
817 companies with a revenue figure
headcount
Largest teams
ranked by tracked headcount
  1. 01SBI235,858tracked employees
  2. 02HDFC213,527tracked employees
  3. 03ICICI Bank133,131tracked employees
  4. 04Punjab National Bank104,120tracked employees
  5. 05Life Insurance Corporation of India98,667tracked employees
  6. 06Canara Bank82,638tracked employees
  7. 07Bandhan Bank82,070tracked employees
  8. 08Kotak Mahindra Bank76,989tracked employees
753 companies with headcount data
share of events
Share of voice
share of all tracked sector news events, 24 months
  1. 01HDFC Bank3.9%983 tracked events
  2. 02IndusInd Bank3.3%847 tracked events
  3. 03Tata Capital3.2%805 tracked events
  4. 04Bajaj Housing Finance2.9%722 tracked events
  5. 05Kotak Mahindra Bank2.2%550 tracked events
  6. 06HDB Financial Services2.2%547 tracked events
  7. 07ICICI Bank2.0%515 tracked events
  8. 08Life Insurance Corporation of India1.9%476 tracked events
25,313 tracked events across 832 companies
articles
In the news
Prism news coverage, last 12 months
  1. 01SBI6,386articles in the window
  2. 02HDFC Bank6,204articles in the window
  3. 03NSE5,139articles in the window
  4. 04State Bank of India4,427articles in the window
  5. 05ICICI Bank4,047articles in the window
  6. 06Axis Bank3,909articles in the window
  7. 07Kotak Mahindra Bank3,640articles in the window
  8. 08MCX3,121articles in the window
325 of these companies drew sector coverage in the window
Radar

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.

Companies founded / year
new Financial Services companies in India
2016: 3912017: 4132018: 4592019: 4772020: 4982021: 4862022: 4082023: 3522024: 2972025: 77
20162025
peak 498 in 2020
Companies raising / year
with a disclosed round that year
20162025
peak 119 in 2019
Disclosed funding / year
sum of disclosed rounds (USD)
2016: 4,866,210,4812017: 5,894,359,7052018: 5,391,001,6872019: 5,257,780,0392020: 4,556,683,4902021: 2,773,927,3512022: 3,908,769,5822023: 3,777,035,1222024: 3,037,640,4812025: 4,477,191,323
20162025
peak $5.9B in 2017

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.

Mumbai skyline — Financial Services hub in India
Hub 01
Mumbai
1,960 Financial Services companies
38% of the Financial Services companies across these hubs
1,960companies
$24.6Bdisclosed funding
272hiring now
Photo Wikipedia · Mumbai · CC BY-SA 4.0
Delhi skyline — Financial Services hub in India
Hub 02
Delhi
957 Financial Services companies
18% of the Financial Services companies across these hubs
957companies
$5Bdisclosed funding
85hiring now
Photo Wikipedia · Delhi · CC BY-SA 4.0
Bengaluru skyline — Financial Services hub in India
Hub 03
Bengaluru
601 Financial Services companies
12% of the Financial Services companies across these hubs
601companies
$4.7Bdisclosed funding
83hiring now
Photo Wikipedia · Bangalore · CC BY-SA 4.0
Chennai skyline — Financial Services hub in India
Hub 04
Chennai
415 Financial Services companies
8% of the Financial Services companies across these hubs
415companies
$5.9Bdisclosed funding
50hiring now
Photo Wikipedia · Chennai · CC BY-SA 4.0
Kolkata skyline — Financial Services hub in India
Hub 05
Kolkata
367 Financial Services companies
7% of the Financial Services companies across these hubs
367companies
$799.8Mdisclosed funding
23hiring now
Photo Wikipedia · Kolkata · CC BY-SA 4.0
Hyderabad skyline — Financial Services hub in India
Hub 06
Hyderabad
329 Financial Services companies
6% of the Financial Services companies across these hubs
329companies
$1.3Bdisclosed funding
36hiring now
Photo Wikipedia · Hyderabad · CC BY-SA 4.0
Pune skyline — Financial Services hub in India
Hub 07
Pune
291 Financial Services companies
6% of the Financial Services companies across these hubs
291companies
$3.9Bdisclosed funding
28hiring now
Photo Wikipedia · Pune · CC BY-SA 4.0
Ahmedabad skyline — Financial Services hub in India
Hub 08
Ahmedabad
282 Financial Services companies
5% of the Financial Services companies across these hubs
282companies
$264.2Mdisclosed funding
35hiring now
Photo Wikipedia · Ahmedabad · CC BY-SA 4.0

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 Lenders — a Financial Services sub-vertical
Sub-vertical 01
Nbfc Lenders
1,241 companies
1,241companies
$30.4Braised
204hiring
Fintech — a Financial Services sub-vertical
Sub-vertical 02
Fintech
245 companies
245companies
$3.3Braised
34hiring
Consumer Digital — a Financial Services sub-vertical
Sub-vertical 03
Consumer Digital
242 companies
242companies
$3.3Braised
36hiring
Enterprise Tech — a Financial Services sub-vertical
Sub-vertical 04
Enterprise Tech
175 companies
175companies
$2.8Braised
28hiring
Investment Tech — a Financial Services sub-vertical
Sub-vertical 05
Investment Tech
114 companies
114companies
$338.4Mraised
11hiring
Housing Finance — a Financial Services sub-vertical
Sub-vertical 06
Housing Finance
85 companies
85companies
$5.6Braised
32hiring
Internet First Lenders — a Financial Services sub-vertical
Sub-vertical 07
Internet First Lenders
75 companies
75companies
$3.1Braised
17hiring
Internet First Wealth Management Platforms — a Financial Services sub-vertical
Sub-vertical 08
Internet First Wealth Management Platforms
37 companies
37companies
$3.7Mraised
3hiring
  • 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.

Fee-For-Service6,187
Commission on Transaction5,012
E-Commerce - Service1,202
Lending1,030
Subscription796
Advertising625
E-Commerce - Product362
Physical Commerce162

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.

Earnings 7,130Leadership 1,352M&A 884IPO 651Regulatory 631Funding 581Product 452Announcement 421Lawsuit 329Contracts 327
  • 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.

AcquirerTargetDeal valueStatusDate
Bajaj FinservallianzundisclosedAnnounced2026-07-31
HDFC Bankhousing developmentundisclosedAnnounced2026-07-01
HDFC BankHDFC Limited$40BAnnounced2026-07-01
Central Bank of Indiafuture generali india life insuranceundisclosedCompleted2026-06-30
HDFC Mutual Fundsundram fastenersundisclosedCompleted2026-06-30
Kotak Mahindra BankING VysyaundisclosedAnnounced2026-06-26

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.

IPO pipeline
38 companies listed or filing · last 24 months
Leadership moves
198 tracked people moves · last 12 months
  • 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
Product launches
tracked launches · last 12 months
Contract wins
119 customer wins · last 24 months
Workforce actions
10 companies cutting roles · last 24 months
  • 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
Regulatory & litigation
93 regulatory events · 31 tracked suits · 24 months
  • 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
Earnings pulse
companies reporting results · last 24 months
602 companies reporting6,787 company-quarters trackedbeat 300miss 139in line 76

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.

Founders and chief executives12 of 4,050, from the best-funded companies on this page
Ganesh Mohan
CEO
Ganesh Mohan

Ex-BCG. IIT Kharagpur 1996, IIM Calcutta MBA 1998

Vishal Chaudhury
Managing Director
Vishal Chaudhury

Ex-Nissan Motor, Volkswagen Financial Services, ICICI Bank, Bridgestone India. University of Calcutta BCom 1996

Gagan Banga
CEO & MD
Gagan Banga

CEO Indiabulls Housing Finance. Goa Institute of Management MBA

Sandeep Menon
Co-Founder & CEO & Managing Director
Sandeep Menon

Ex-CEO Emerging India Investment Advisors, South Asian Real Estate group, Barclays Bank, Standard Chartered. Maharshi Dayanand University LLB 1995…

Ashish Mehrotra
Chief Executive Officer & Managing Director
Ashish Mehrotra

Finreach, ex-Citi, ex-Citibank, Harvard Business School, 2023

Amit Gainda
MD & CEO
Amit Gainda

Sri Venkateswara College BCom (1996)

Ex-ING Vysya Life Insurance, Esanda FinANZ.

Ruben De
CEO & Managing Director
Ruben De

Ex-CEO Crdito Familiar Banamex Mexico, Banamex. ITAM BA 1993

Rangarajan Krishnan
Joint Managing Director
Rangarajan Krishnan

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…

Anil Kumar G
Founder & Co-CEO
Anil Kumar G

Ex-CEO IFMR Rural Channels & Services, ICICI Bank, Canara Bank

Manoj Dubey
CEO
Manoj Dubey

Ex-Container Corporation of India, Railway Board Delhi, Indian Railways. Hindu College, University of Delhi BS 1990, MS 1992, IIT Dhanbad MBA 2013

Where the founders studied
alma mater on record for 359 of 4,050 founders
IIM Ahmedabad34
IIM Calcutta33
IIT Delhi32
Indian School of Business32
IIM Bangalore26
University of Delhi20
IIT Kharagpur19
Harvard Business School18
Where they worked before
a previous employer on record for 56 of 4,050 founders
Morgan Stanley19
Goldman Sachs11
McKinsey9
Boston Consulting Group5
Flipkart5
Microsoft3
Amazon3
Google3
Founders flagged as repeat founders
of 3,195 founders with a profile on this page
35
carry a repeat-founder flag
  • flagged as repeat founders35
  • no repeat-founder flag3,160
Women and men among the founders
first names matched for 3,225 of 4,050 founders
12%
of matched founders are women
  • women381
  • men2,844
Inferred from first names, using 119 million people who state their own gender: a first name counts only where at least 20 of them share it and at least 90% of those share the same gender. The other 825 founders go in neither column.
Radar

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 2016RoundsLedLatest
Peak XV Partners3317Feb 2026
BlueOrchard262Jan 2025
IFC243Jan 2025
British International Investment239Aug 2025
Elevar Equity225Nov 2024
Lok Capital219Sep 2025
Northern Arc Capital21Apr 2025
responsAbility183Jul 2025
Accel183Aug 2025
Accion166Feb 2026
Stage mix · rounds since 2016
Seed & Angel354
Series A–B307
Series C+ / PE205
Grants, debt & other477

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.

CompanyRoundSizeWhenBackers
Star Health and Allied InsuranceSeries Fmega-round$360.9MDec 2020Konark group, Apis Partners, Notre Dame +24 more
ICICI Prudential Life InsuranceSeries Dmega-round$294.6MNov 2015Temasek, Premji Invest
IIFL Home LoansSeries Dmega-round$282.8MJun 2022ADIA
SBI Life InsuranceSeries Dmega-round$264MDec 2016KKR, Temasek
Five Star Business FinanceSeries D$234MMar 2021KKR, TVS Capital Funds, TPG +4 more
SliceSeries B$220MNov 2021Tiger Global Management, Insight Partners, Sunley House Capital Management +8 more
Vastu Housing FinanceSeries C$200MApr 2019Creation Investments, 360 One, Multiples Alternate Asset Management +4 more
Jana Small Finance BankSeries F$184.2MSep 2017TPG, Morgan Stanley, GIC +7 more
ArcilSeries D$172.6MJun 2008SBI, IDBI Bank, IDFC +37 more
Star Health and Allied InsuranceSeries F$164.3MJun 2021GIC, Capital Group
Venture round sizes · 2023–2025
<$1M33
$1–10M81
$10–50M59
$50–250M19
>$250M0

192 venture rounds with a disclosed amount in the window.

Fresh cheques · last 6 months

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.

News volume
Financial Services coverage across India · articles per quarter
2021Q2: 206,0172021Q3: 211,1912021Q4: 183,7692022Q1: 217,0932022Q2: 234,1742022Q3: 259,9682022Q4: 268,8252023Q1: 303,4232023Q2: 277,5752023Q3: 292,8592023Q4: 266,2382024Q1: 290,3042024Q2: 297,5222024Q3: 326,1412024Q4: 335,0482025Q1: 380,9462025Q2: 320,9432025Q3: 427,1022025Q4: 262,2832026Q1: 352,098
2021Q22026Q1
peak 427,102 in 2025Q3 · 1,357,601 articles in the last 12 tracked months
Tone of coverage
share of articles by dominant sentiment (positive / neutral / negative)
202120232025
Positive-tone share moved 60% → 60%, negative 34% → 28% across 2021–2025.

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%
Most-covered companies · last 12 months

325 Financial Services companies here were named in the news over this period.

Prism

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.

tariff negotiations+102%bilateral trade+88%trade dispute mechanisms+102%trade barrier reduction+82%trade facilitation commitments+92%countries+125%free trade deals+66%multilateral diplomacy+42%diplomatic strategies+59%bilateral trade imbalance+59%
odi cricket-38%limited overs cricket-38%odi tactics-36%odi series-37%odi rankings-38%

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).

Regulatory Risk ▲ rising
1,945,602 articles touch this dimension · 43.8% critical tone
20212025
signals: territories, disputed islands, test cricket
Funding Momentum ▲ rising
259,811 articles touch this dimension · 49.0% critical tone
20212025
signals: pre-ipo valuation, ipo prospectus, ipo pricing
Growth ▲ rising
549,706 articles touch this dimension · 47.3% critical tone
20212025
signals: gdp growth rate, economic output growth, economic growth statistics

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.

19,226postings · last 12 months
20,985postings tracked overall
705employers advertising
$5kmedian advertised salary/yr (n=937)

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
What level are these roles?
Entry98
Intern280
Senior1,334
Lead1,919
Manager6,645
What they pay, by level
  • Manager$7k/yr (n=394)
  • Lead$11k/yr (n=45)
  • Senior$7k/yr (n=72)
Most advertised titles
  • Rb-Ls: Business Development Associate2,912
  • Branch:Branch Relationship Officer1,624
  • Branch:Teller485
  • Branch:Branch Operations Head474
  • Branch:Branch Head415
  • Rb-Ls:Sales Manager-Casa251
Keep going

Track Financial Services in India beyond this page

Radar finds and filters the companies. Prism watches what is being said about them.

About this data: built from Fliar's company, founder, funding, hiring, jobs and news trackers, covering India. Counts are of companies we track, not of every company that exists. Updated August 2026.
Coming soon