Top 20 Fintech startups in India
- MSwipe
MSwipe is one of the successful Fintech startups in India founded by Manish Patel on March 1, 2011. The startup’s head office is situated in Mumbai, Maharashtra. The main service of the company is to offer software solutions and payment devices to merchants. You can take services of MSwipe whether you hold any bank account you need not open any new account.
The startup has raised funding of $97.5 million from InnoVen Capital, B Capital Group, Falcon Edge Capital, Epiq Capital, DSG Consumer Partners, and many others.
You can contact to MSwipe through sending mail on sales@mswipe.com and you can also call on +1 (860) 266-266-2699.
2. Razorpay
Razor pay is a fintech startup in India that allows businesses to accepts, process and disburses payments. The startup was founded by Shashank Kumar and Harshil Mathur in 2014. The startup allows merchants to accept online payment through several modes like debit card, UPI, net banking, credit card and prepaid digital wallets.
The startup has raised funding of $206.6 million from investors like Sequoia Capital India, Tiger Global Management, GIC, Matrix Partners, Ribbit Capital, Y Combinator, Tiger Global Management and many others.
You can contact to Razorpay through sending mail on contact@razorpay.com and you can call on 1800-123-1272.
3. Policy Bazaar
Policy Bazaar is one of the well-known fintech startups in India founded by Alok Bansal, Yashish Dhaiya, Manoj Sharma, Tarun Mathur and Avaneesh Nirjar in 2008. The startup enables users to compare insurance policies and helps them in selecting the appropriate one. Policy Bazaar is connected with many insurance brokers and gets information related to price, benefit, insurance cover, etc. from the insurers and allow customers to compare.
The startup has raised funding of $626.6 million from several investors including Softbank Vision Fund, Tencent Holdings, Temasek Holdings, Startup holdings, etc.
For further queries, you can write to Policy Bazaar on social@policybazaar.com and you can call on toll-free number 1800-208-8787.
4. ZestMoney
ZestMoney is one of the popular consumers lending fintech companies in India. The startup was founded in 2015 by Ashish Anantharaman, Lizzie Chapman and Priya Sharma. The company headquarter is situated in Bangalore, Karnataka. Through this platform, you can purchase anything offline although you don’t have a credit card. It has a “buy now, pay later” policy and also offers an EMI option.
The raised has funding of $68.4 million from Primrose Hills Ventures, Quona Capital, Goldman Sachs, Omidyar Network, Naspers, Reinventure, Coinbase, etc.
You can contact to ZestMoney through sending mail on info@zestmoney.in and you can call on +91 22 3996 6400.
5. MobiKwik
MobiKwik is one of the famous fintech startups in India founded by Bipin Preet Singh and Upasana Taku in 2009. The headquarters of the company is situated in Gurugram. It is a digital wallet service provider that provides online payments services, phone and DTH recharge, online shopping, mobile transfers, etc. It also offers the partial payment feature for ticket reservation and cash pick up for bus tickets booking. After demonetization, it provides free service to transfer money from your wallet to the bank account. Before that, it charges 4% for non-KYC and 1% for KYC. A non-KYC use can transfer rs.1000 to rs.20,000 to the bank account.
You can write to MobiKwik on partners@mobikwik.com and you can call on helpline number 011-61266930.
6. Lendingkart
Lendingkart is one of the popular fintech startups in India founded by Harshvardhan Lunia and Mukul Sachan on 5 Jan 1999. The startup is based in Ahmedabad, Gujarat. The company offers loans for working capital requirements for small, medium enterprises. The company is providing its services in 1300 cities and has offered loans of rs.3,500 crores till now. Some of its funding partners are Aditya Birla Capital, Saama Capital, etc. It consists of a massive amount of data from data partners. These data partners offer all the information about the vendor like family background, reputation, educational qualifications, etc in the market.
The startup has raised a total funding of $242.5 million from investors including Bertelsmann India Investments, Fullerton Financial Holdings, India Quotient, Sistema Asia Capital, Alteria Capital and many others.
You can contact to Lendingkart through sending mail on info@lendingkart.com and you can also call on toll-free number 1800 572 0202.
7. Pine labs
Pine labs is one of the successful fintech startups in India founded by Rahul Garg and Tarun Upadhyay in 1998. The startup’s office is located in Noida, Uttar Pradesh. The main motive of the company is to offer financing and last-mile retail transaction technology to merchants. The company provides POS software solutions for offline retailers and brands. It enables retailers to accept debit and credit cards, e-wallets, UPI based-payments and QR co
nd analytics, mobile payment solution and loyalty and gift card programs. The company also offer value-added solutions like discounts, EMIs, pay by points, loyalty solutions, e-wallets, etc.
The startup has received a total funding of $258.2 million from investors including Loan Pine Capital, Mastercard, Temasek Holdings, Paypal ventures, Actis, etc.
You can contact to Pine labs through sending mail on getstarted@pinelabs.com and you can call on +91 120 403 3600.
8. Refrens
Refrens is one of the promising fintech startups in India which is headquartered in Bangalore, Karnataka. The startup was founded by in 2018. The main service of the startup is to provide cash incentive for freelancers, service agencies and co-working spaces. The company provides free invoicing, payments and expense management system.
Some of its investors are Anurag Gupta, Anupam Mittal, Vijay Shekhar Sharma, First Cheque, Amiya Pathak and many others.
You can contact to Refrens through sending mail on care@refrens.com and you can call on +91 9739432668.
9. Paisa Dukan
Paisa Dukan is a fintech startup in India founded by Rajiv Ranjan in 2018. The main office of the company is situated in Mumbai, Maharashtra. It is a P2P lending marketplace platform that allows customers to take loans from interested investors at the agreed interest rate. The main motive of the startup is to create the best platform for the lenders or borrowers to make money transparently.
The startup has received funding of $1.1million from its investors Manoj Mehta, JITO Incubation and Innovation Foundation and Sunil Singhvi.
You can send mail on helpdesk@paisadukan.com and you can also call on 8657425479.
10. Paykun
Paykun is one of the best fintech startups in India founded by Deepak Dabhi and Vijay Yadav in 2018. The head office of the company is located in Bhavnagar, Gujarat. The startup aims to provide a platform to accumulate online payments quickly.
You can contact to Paykun through calling on toll-free number 1800-212-8070 and you can send mail on support@paykun.com.
11. ePay Later
ePay Later is fintech startup in India founded by Akshat Saxena, Aurko Bhattacharya, Prasanna Muralidharan, Uday Somayajula and Shanmu Thiagaraja in 2015. The main office of the startup is located in Mumbai, Maharashtra. The company offers credit at the point of sale. It also offers a ‘Buy Now, Pay Later’ solution through customer get use instant credit limit to purchase fast.
The startup has raised funding of $3.3 million from GMO Global Payment Fund, ICICI Bank and Secocha Ventures.
You can contact to ePay Later through sending mail on founders@epaylater.in and you can call on 1800 2000 595.
12. Kuants
Kuants is India’s topmost fintech startup founded by Ayush Gangwar and Mohit Bansal in 2017. The main office of the startup is located in Gurgaon, Haryana. It is an algorithmic trading platform which offers all the essential tools and infrastructure requirements.
The startup has raised funding of $5 million from Ankush Gupta, Pankaj Chopra and India Accelerator.
You can contact to Kuants through sending mail on support@kuants.in.
13. Amigobulls
Amigobulls is one of the popular fintech startup in India based out in Bangalore, Karnataka. The startup was founded on Feb 26, 2013, by Chandu Sohoni, Mandeep Makkar and Poorna Nayak. It uses patent-pending video generation technology to provide investment advice and news to stock market investors to its customers. The company offers solutions to wealth management-related problems.
You can contact to Amigobulls through sending mail on investing@amigobulls.com and you can call on +1 (347) 960-4159.
14. Cube Wealth
Cube Wealth is one of the finest fintech startups in India founded by Satyen V Kothari on Jan 23, 2016. The main office of the company is situated in Mumbai, Maharashtra. It offers portfolio management solutions for the businessmen who are busy in achieving their goals through investments. It allows customers to invest in different asset classes like P2P lending, equities, mutual funds.
The startup has raised funding of $2.5 million from Asuka Holding, BEENEXT, Satyen V Kothari and 500 startups.
You can contact to Cube Wealth through sending mail on Satyen@bankoncube.com.
15. Khatabook
Khatabook is one of the popular fintech startups in India founded by Ashish Sonone, Dhanesh Kumar, Jaideep Poonia, ravish Naresh and Vaibhav Kalpe in 2018. The headquarters of the company is situated in Bangalore, Karnataka. It provides financial solutions to micro, small and medium businesses for helping them in increasing their efficiency. It is one of the fastest-growing SaaS companies in India that helps other company to reduce costs and increase revenue. The startup has awarded with “best innovative mobile app” 2020 in India Digital awards that were held on February 2020. The app is available in more than 11 languages and till now it has about 20 million active users.
Despite being a new company the company has raised a total funding of $86.5 million from 29 investors including Tencent Holdings, Better Capital, EMVC, Kunal Shah, Rohit Bansal, B capital Group, etc.
You can contact to Khatabook through sending mail on feedback@khatabook.com and you can also call on +91 960680800.
16. Capital Float
Capital Float is an online forum which offers working capital finance to SMEs in the country. The startup was founded by Gaurav Hinduja and Sashank Rishyasringa in 2013. The headquarters of the office is situated in Bangalore, Karnataka. The company offers terms loans and working capital loans to small businesses through technology-led loan origination and credit underwriting platform. It offers loans from 1 lakh to 1 crore for 1 to 12 months. The basis of loans is cash flows, expected receivables, CIBIL scores, bank statements and financials. Customers can apply online for the loan and when it is approved it will transfer to your bank account. Some of its partners are Paytm, Uber and Shopclues.
The startup has received funding of $143.6 million from multiple investors including SAIF Partners, Amazon, Sequoia Capital, Ribbit Capital, Prakash Ramchand Belani, and many others.
For queries, you can contact to Capital Float by sending mail on info@capitalfloat.com and you can call on +91 80676 83920.
17. Financepeer
Financepeer is one of the popular Fintech startups in India which is an AI-based peer to peer lending platform. The startup was founded by Debi Prasad Baral, Naveesh Reddy, Rohit Gajbhiye and Sunit Gajbhiye in 2107. This startup is for those people who are not able to pay the whole amount of school fees at once.
The startup has raised funding of $3.7 million from several investors including Danube Group, Angelbay Holdings, MS Fincap, HEM ANGELS, AAR Em Ventures and many others.
You can contact to Financepeer through sending mail on support@financepeer.com and you can also call on 91 7406 795633.
18. Ezetap
Ezetap is one of the best fintech startups in India founded by Abhijit Bose, Bala Parthasarathy, Bhakta Keshavachar, Shripati Acharya and Sanjay Swamy in 2011. The headquarters of the company is located in Bangalore, Karnataka. It provides smart technological transaction solutions to businesses and financial institutions.
The startup has received funding of $51 million from Prime Ventures Partners, Jeff Skoll Group, Social Capital, and many others.
You can contact to Ezetap through sending mail on support@ezetap.com and you can call on (080) 49114999.
19. Credit Mantri
Credit Mantri is one of the topmost fintech startups in India founded by Ranjit Punja, Gowri Mukherjee and Rajasundaram Sudarshan in 2011. It helps people to make better financial decisions by using data and technology as a credit facilitator. It offers an Equifax credit score that is used to analyze a customer’s credit profile.
You can contact to Credit mantra through calling on toll-free number 1800224060.
20. Bank bazaar
Bank Bazaar is one of the successful fintech startups in India founded by Adhil Shetty, Rati Shetty and Arjun Shetty in 2008. The company’s office is located at Chennai, Tamil Nadu. The company offers services like product distribution and comparison analysis. The main intention behind the setup of the startup is to allow the customers to get a personal loan, auto loan, education loan and home loan. Apart from the loans the company also provides debit and credit cards and insurances like life insurance, health insurance, auto insurance, travel insurance products along with mutual funds, fixed deposits and saving accounts. The company provides you with a platform where you can compare the offers of multiple banks and also check your eligibility. The company offers its services through a mobile app and also through web-portal. The startup has raised funding of $115 million from several investors.
You can contact to Bank Bazaar through sending mail on contact@bnkbazaar.com and you can also call on +914466511800.
21. Paytm
Paytm is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida. It was founded in 2010 by Vijay Shekhar Sharma under One97 Communications.
Website Link: https://paytm.com/
22. PhonePe
PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface, went live in August 2016.
Link: https://www.phonepe.com/
Above mentioned are some of the best fintech startups in India that are working for the companies to provide them with better facilities and services. I hope you would like the article and will get knowledge about the top fintech startups in the country.
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