68 Best Financial Technology Startups in India to Watch in 2025

The Definitive Seedtable Ranking of Financial Technology Startups in India

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 103 start-ups with an aggregate funding of $11.3b. The average funding per company in this subset is $166.3m.

Last update to the database: Feb 18, 2025. See changelog.

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2

Funding Rounds

$62.0m

Money raised

ClearTax is a financial technology company providing solutions for income tax filing, GST and mtual fund investments. It participated in the S14 cohort of Y Combinator.

10

Funding Rounds

$1.7b

Money raised

A financial technology company providing payments solutions that allow businesses to accept, process and disburse payments.

Location:

Key people:

9

Funding Rounds

$672.5m

Money raised

BharatPe is a financial technology company specializing in developing payments solutions.

Location:

Key people:

4

Funding Rounds

$7.0m

Money raised

Unocoin is a cryptocurrency service company focused on serving people living in India.

Location:

Key people:

5

Funding Rounds

$107.6m

Money raised

NeoGrowth is an India-based digital lending platform focused on lending to small and medium business.

Location:

Key people:

5

Funding Rounds

$53.2m

Money raised

ZestMoney is an Indian fin-tech company that specialises in consumer lending.

Location:

Key people:

4

Funding Rounds

$1.6b

Money raised

Slice is a credit card challenger in India helping to pay bills, manage finances, and earn quick rewards.

3

Funding Rounds

$32.4m

Money raised

Signzy is a company founded in 2015.

Location:

4

Funding Rounds

$7.0m

Money raised

Instamojo is a company founded in 2012 by Sampad Swain.

6

Funding Rounds

$496.0m

Money raised

Clari helps B2B organizations increase win rates, shorten sales cycles, improve forecast accuracy and drive full funnel accountability across their revenue engine.

6

Funding Rounds

$115.0m

Money raised

BankBazaar is a Chennai-based company offering comparison and choice of insurance and financial products.

5

Funding Rounds

$391.5m

Money raised

Globally, Zeta is recognized as a next-gen banking technology company. Our platform enables financial institutions to launch extensible and compliant banking asset and liability products, across cards, loans and deposits, rapidly.

Industries:

Key people:

3

Funding Rounds

$264.0m

Money raised

Policybazaar is a company operating as an insurance aggregator website. It provides comparative analysis of insurance products and financial services from insurance companies.

7

Funding Rounds

$234.2m

Money raised

Lendingkart Technologies is an Ahmedabad-based financial technology company developing tools for alternative data analysis and offering working capital loans for small businesses.

10

Funding Rounds

$1.4b

Money raised

A company providing financing and transaction technology for merchants.

1

Funding Rounds

$30.0m

Money raised

Vyapar is a billing, accounting, and inventory management software.

3

Funding Rounds

$89.7m

Money raised

A company offering a family-oriented payment application that enables teenagers to receive money from their parents and spend it digitally without opening a bank account.

Key people:

2

Funding Rounds

$460.0m

Money raised

India's Indifi Technologies is a tech-enabled debt financing platform for small business with industry-specific financial solutions.

Location:

Key people:

8

Funding Rounds

$872.2m

Money raised

OfBusiness is a technology platform designed to facilitate raw material procurement and credit for small and medium enterprises.

1

Funding Rounds

$19.0m

Money raised

An insurance technology company offering a platform for comparing and purchasing automobile and health insurance.

12

Funding Rounds

$202.0m

Money raised

Capital Float is a Bangalore-based online platform providing working capital financing to small and medium enterprises in India.

Location:

Key people:

2

Funding Rounds

$6.2m

Money raised

Aureus Analytics is an AI platform for customer experience in the insurance industry.

Location:

Key people:

1

Funding Rounds

$21.0m

Money raised

A financial technology company offering an online investment platform.

Location:

Key people:

2

Funding Rounds

Through our robust framework of more than 10000+ Customer service points, we aim to provide end-to-end banking services to rural India, which comprises 80% of India’s total population. With an objective of inclusive growth, our retail Customer Service Points, shall offer all banking services offered in a ‘Brick and Mortar’ branch.

1

Funding Rounds

$90.0m

Money raised

FlexiLoans is a financial services company.

Industries:

Location:

Key people:

1

Funding Rounds

$1.0m

Money raised

HyperVerge is an AI company with solutions powering applications for large enterprise clients in Financial Services, Telecom, Energy, Security, and Defense.

Key people:

2

Funding Rounds

$3.0m

Money raised

Stack, also known as Stack Finance, is a Bengaluru, India-based mobile application company developing a personal finance application to help users budget.

Location:

Key people:

7

Funding Rounds

$2.5m

Money raised

ArtiVatic.ai developed an artificial Intelligence for insurance for on-boarding, fraud, risk profiling, underwriting & claims.

Location:

Key people:

3

Funding Rounds

$23.5m

Money raised

Avaamo is a deep learning Virtual Assistant Platform for the enterprise.

8

Funding Rounds

$28.5m

Money raised

Crayon Data is a big data and AI company that has a vision to simplify the world's choices.

Key people:

3

Funding Rounds

$110.0m

Money raised

Open is a neobank based in India offering Business accounts including a debit card, with all transactions being managed from an iPhone or Android application. Open currently accepts to open mobile bank accounts for residents of India.

6

Funding Rounds

$106.9m

Money raised

Truework is an HR tool that automatically responds to lenders, landlords, and others who need to verify employment.

Location:

Key people:

7

Funding Rounds

$119.8m

Money raised

Israel-based company developing an AI-powered beehive management system

5

Funding Rounds

$51.0m

Money raised

Ezetap is a company founded in 2011 by Sanjay Swamy, Shripati Acharya, Abhijit Bose and Bhaktha Keshavachar.

Location:

Key people:

1

Funding Rounds

$41.9m

Money raised

InCred is a Mumbai-based company offering a financial services platform that utilizes technology and data-science to simplify the lending process.

5

Funding Rounds

$4.5m

Money raised

Fyle Technologies is an Indian company that provides AI based Expense Management software called Fyle and Fyle Lite for enterprises and individuals respectively. It keeps track of business expenses and reimbursements.

Location:

Key people:

1

Funding Rounds

Artoo is a company founded in 2010 by Sameer Segal, Indus Chadha and Kavita Nehemiah.

3

Funding Rounds

$315.0m

Money raised

StashFin is a unique neo-banking platform with a mission to deliver seamless, transparent and efficient financial services to everyone.

Location:

Key people:

2

Funding Rounds

$40.8m

Money raised

CashFree is a digital payments provider in India founded in 2015 by Reeju Datta.

Location:

Key people:

3

Funding Rounds

$35.4m

Money raised

Jai Kisan is a finance platform that serves rural emerging markets with long-term funding.

Location:

Key people:

4

Funding Rounds

$4.8m

Money raised

SaveIN is a neobank based in India offering Personal accounts including a debit card, with all transactions being managed from an iPhone or Android application. SaveIN currently accepts to open mobile bank accounts for residents of India.

Location:

Key people:

7

Funding Rounds

$48.3m

Money raised

FarMart is a micro-SaaS platform that assists food businesses in obtaining high-quality goods at low costs.

1

Funding Rounds

$1.0m

Money raised

A company offering a customer acquisition and sales platform.

1

Funding Rounds

$150.0k

Money raised

Kosh (micro-loan platform) develops community-based credit facilities.

Location:

Key people:

3

Funding Rounds

$117.0m

Money raised

INDmoney is a mobile app that consolidates and manages finances in one place.

Location:

Key people:

1

Funding Rounds

$8.8m

Money raised

Corporate credit card for Indian startups & small businesses

Location:

Key people:

2

Funding Rounds

$82.5m

Money raised

OKCredit provides a mobile-based credit account management solution for shop owners and their customers.

1

Funding Rounds

$33.0m

Money raised

BeatO App empoTheyrs you to manage diabetes through your smartphone.

Location:

Key people:

3

Funding Rounds

$87.4m

Money raised

JUSPAY is a company founded in 2012 by Vimal Kumar.

Location:

Key people:

2

Funding Rounds

$17.3m

Money raised

Happay is an artificial intelligence-powered business expenditure management software that helps companies automate their cost management processes.

Key people:

1

Funding Rounds

ThirdWatch is an artificial Intelligence company founded in 2016 by Adarsh Jain.

4

Funding Rounds

$111.1m

Money raised

AgnetSync is a software-as-a-service for compliance management within the insurance industry.

Location:

3

Funding Rounds

$106.2m

Money raised

Refyne is India's first Earned Wage Access platform, on a mission to simplify and help improve personal finances

Location:

Key people:

1

Funding Rounds

$31.0m

Money raised

Developer of a digital banking platform intended to help digitize micro, small and medium enterprises. The company's platform offers applications such as its mobile billing application that creates invoices, manages outstandings and monitors stocks, enabling clients to develop and upgrade their operations.

Location:

Key people:

10

Funding Rounds

$40.0m

Money raised

Electronic Payment and Services is a payment systems company that offers payments services to banks and their customers.

Location:

Key people:

1

Funding Rounds

$31.0m

Money raised

FinancePeer is an artificial Intelligence company founded in 2017 by Naveesh Reddy.

Location:

Key people:

2

Funding Rounds

$382.0m

Money raised

Jar is a company founded in 2021 by Misbah Ashraf.

Key people:

2

Funding Rounds

$17.0m

Money raised

Karbon Card is a Bengaluru, India-based fintech that provides corporate banking services to Indian startups.

Location:

Key people:

3

Funding Rounds

$49.2m

Money raised

NiYO Solutions is a company founded in 2015 by Vinay Bagri.

1

Funding Rounds

$40.0m

Money raised

We’re a smart, contemporary lending firm that uses technology to make loans simpler, faster, and more accessible for our customers. What does that mean? Minimum paperwork. Faster sanctions. Maximum peace of mind! Sounds too good to be true? Reach out to us and we’ll convince you!

5

Funding Rounds

$70.2m

Money raised

Innoviti Payment Solutions Pvt Ltd is an India-based company founded in 2002 by Rajeev Agrawal.

1

Funding Rounds

$19.7k

Money raised

App for independent agents to sell Insurance in India

Location:

Key people:

2

Funding Rounds

$51.0m

Money raised

True Balance is a company founded in 2014 by Cheolwon Lee.

2

Funding Rounds

$90.0m

Money raised

Kissht.Com is a company founded in 2016 by Krishnan Vishwanathan.

Location:

Key people:

1

Funding Rounds

BillDesk is a company founded in 2000.

2

Funding Rounds

$2.3m

Money raised

Finzy is a company founded in 2016 by Amit More, Abhinandan Sangam and Vishwas Dixit.

Location:

Key people:

4

Funding Rounds

$125.0m

Money raised

Progcap is a financial services firm that assists micro and small businesses with financing.

Location:

Key people:

1

Funding Rounds

$1.0m

Money raised

Cashinvoice is a company founded in 2018 by Shrinivas Kasar, Arun Poojari and Joicy Chakola.

Location:

Key people:

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