69 Best Financial Services Startups in India to Watch in 2025

The Definitive Seedtable Ranking of Financial Services 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 69 start-ups with an aggregate funding of $8.4b. The average funding per company in this subset is $121.4m.

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

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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

$87.8m

Money raised

Everledger is a supply chain and asset tracking company using blockchain to store records of valuable assets like diamonds.

Location:

Key people:

9

Funding Rounds

$672.5m

Money raised

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

Location:

Key people:

3

Funding Rounds

$175.0m

Money raised

Turtlemint is a Mumbai-based insurance technology company providing a platform to facilitate the process of buying and managing insurance policies.

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:

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.

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.

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:

4

Funding Rounds

$186.5m

Money raised

Khatabook is a software development company based in Bangalore, India, that provides a digital ledger app for micro-, small-, and medium-sized enterprises.

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:

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:

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:

5

Funding Rounds

$700.0k

Money raised

Eunimart is an AI technology company focusing on supply chain automation.

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.

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.

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:

10

Funding Rounds

$607.5m

Money raised

Creating a complete automotive ecosystem in India and Southeast Asia for car buying, selling, financing, and insuring

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:

10

Funding Rounds

$595.3m

Money raised

Five Star provides Small Business loans and Small Mortgage loans to eligible borrowers to meet their business and personal needs, after due underwriting of their cashflows and backed by the collateral of their house property.

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:

6

Funding Rounds

$142.0m

Money raised

Annapurna Finance is an India-based company founded in 2009 by Gobinda Chandra Pattnaik.

2

Funding Rounds

$82.5m

Money raised

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

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:

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:

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:

3

Funding Rounds

$50.0m

Money raised

Mswipe is a company founded in 2011 by Manish Patel.

Location:

Key people:

2

Funding Rounds

$382.0m

Money raised

Jar is a company founded in 2021 by Misbah Ashraf.

Key people:

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.

6

Funding Rounds

$3.7m

Money raised

ZipLoan is a company founded in 2015 by Shalabh Singhal.

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:

1

Funding Rounds

$5.5m

Money raised

Citrus Pay is an India-based company founded in 2011.

1

Funding Rounds

$3.8m

Money raised

Namaste Credit is a company founded in 2014 by Gaurav Anand, Lucas Bianchi and Krishnan Parameswaran.

1

Funding Rounds

$7.2m

Money raised

ftcash is a company founded in 2015 by Sanjeev Chandak.

Industries:

Location:

Key people:

2

Funding Rounds

$60.1k

Money raised

infoMicroFin is a digital banking platform.

1

Funding Rounds

$10.0m

Money raised

ePayLater is a company founded in 2015 by Akshat Saxena, Aurko Bhattacharya, Prasannaa Muralidharan, Shanmugam Thiagarajan and Uday Somayajula.

Location:

Key people:

1

Funding Rounds

$24.8m

Money raised

InfrasoftTech is a company founded in 1995 by Rajesh Mirjankar.

1

Funding Rounds

$1.3m

Money raised

Rooba Finance is an institutional Crypto & Digital Asset Management Ecosystem.

1

Funding Rounds

Instant gold loans and secure gold locker services across multiple cities in India.

1

Funding Rounds

$15.0m

Money raised

Wint Wealth is a company founded in 2020 by Anshul Gupta, Abhik Patel, Ajinkya Kulkarni and Shashank Chimaladari.

Location:

Key people:

1

Funding Rounds

$110.0m

Money raised

Thrive is a company founded in 2009.

2

Funding Rounds

GyanDhan is a student loans company founded in 2015 by Ankit Mehra.

1

Funding Rounds

$2.1m

Money raised

Credflow is a company founded in 2019 by Kunal Aggarwal.

2

Funding Rounds

$49.0m

Money raised

Aye Finance is a company founded in 2014.

Location:

2

Funding Rounds

$37.2m

Money raised

Propelld is an India-based company.

1

Funding Rounds

Loanadda is an India-based company founded by Anshuman Mishra.

1

Funding Rounds

$45.0m

Money raised

Jupiter is a digital retail banking solution that helps consumers keep track of their spending.

Location:

Key people:

1

Funding Rounds

$10.0m

Money raised

Indialends is a company founded in 2014.

1

Funding Rounds

Easy to Pitch is one of the fastest-growing and one-stop pitching solutions for startup fundraising consultant.

1

Funding Rounds

$30.0m

Money raised

Trading platform facilitating financing for all types of companies with Recurring Revenues.

Location:

1

Funding Rounds

Infino is an India-based company founded by Vibhor Jain.

Location:

Key people:

1

Funding Rounds

$7.0m

Money raised

1

Funding Rounds

Pesave is an India-based company founded by Pranav Zota.

1

Funding Rounds

$69.5m

Money raised

Fusion Microfinance is a company founded in 2010.

1

Funding Rounds

$16.3m

Money raised

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