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Most Promising Fintech Startups in India 2021

The FinTech sector in India has seen a funding boom in the last five years, with funding increasing at a CAGR of 98% in the past six years. Today, there are more than 1200 active FinTech companies in the country and their number is growing constantly.

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FinTechs are continuously trying to decrease their customer acquisition cost along with enhancing their customers’ experience using technology. Innovation among startups has disrupted the traditional financial services value chain, caused incumbents to scale up their operations, and created multiple options for customers.

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The government of India has taken multiple initiatives to boost last-mile connectivity and include the financially underserved in the economy. Some of these include implementation of new schemes, the establishment of government-backed institutions, and encouragement of differentiated business models.

Name of StartupCategoryCityState
SILICONVEINS PRIVATE LIMITEDFinancial Literacy EngagementsMumbaiMaharashtra
NEARBY TECHNOLOGIES PRIVATE LIMITEDFinancial Literacy EngagementsMumbaiMaharashtra
GC WEB VENTURES PRIVATE LIMITEDFinancial Literacy EngagementsDelhiDelhi
KASHI CAPITAL PRIVATE LIMITEDFinancial Literacy EngagementsVaranasiUttar Pradesh
ARYADHAN FINANCIAL SOLUTIONS PRIVATE LIMITEDFinancial Literacy EngagementsNoidaUttar Pradesh
MAHAGRAM PAYMENTS PRIVATE LIMITEDFinancial Literacy EngagementsMumbaiMaharashtra
RESILIENT INNOVATIONS PRIVATE LIMITEDPayment Wallets and P2P LendingNew DelhiDelhi
ROI NET SOLUTION PRIVATE LIMITEDPayment Wallets and P2P LendingGurugramHaryana
NAFFA INNOVATIONS PRIVATE LIMITEDPayment Wallets and P2P LendingBengaluruKarnataka
UDMA TECHNOLOGIES PRIVATE LIMITEDPayment Wallets and P2P LendingUDUPIKarnataka
ZERONE MICROSYSTEMS PRIVATE LIMITEDPayment Wallets and P2P LendingNew DelhiDelhi
PAYMART INDIA PRIVATE LIMITEDPayment Wallets and P2P LendingChandigarhChandigarh

top 10 most promising fintech companies in india

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