Fintech 50
Proost and PeLocal Raise Significant Funds to Propel Growth and Innovation
The Indian startups listed below have successfully raised capital to drive their growth and expansion plans, marking significant milestones in their respective industries.
India's Fintech Diversity Amazes People Across World: PM
"From landing at the airport to experiencing street food and shopping, India's fintech revolution is visible everywhere," said Prime Minister Narendra Modi.
The First Choice Lender: Karthikeyan Krishnaswamy, Co-founder and CTO, KreditBee
KreditBee is a Series-D funded entity, backed by Advent International, Premji Invest, Motilal Oswal Alternates, TPG-NewQuest, Mitsubishi UFJ Financial Group, ICICI Bank, and Mirae Asset Venture Investments
The Digital Payment Provider: Anirban Mukherjee, CEO, PayU
Its payments business is one of the largest, fastest growing and profitable businesses in India among non-banking players
The Startup Financer: Sameer Mahajan, Co-Founder & CBO, StrideOne
His and the financial service provider's aim is clear: to forge partnerships with founders across categories, sectors and geographies, providing a blend of financial solutions and technical expertise to foster inclusive entrepreneurship
The Cross-Border Banker: Virender Bisht, Co-founder and CTO, Niyo
FY23 has been phenomenal for Bisht and the startup as its revenue surged 2.8X to INR 139 crore
Up the Ante: Ravi Kumar, Cofounder and CEO, Upstox
Upstox's primary goal is to help Indians invest right and help them leverage India's growth story through equity markets
The Money Maecenas
We ensure consumers not only recognize the value in our offerings but also enjoy a superior experience, says Adhil Shetty, co-founder and CEO at BankBazaar.com
The SME Lender: Manish Lunia, Co- Founder, Flexiloans
Having faced events such as Demonetization, GST, IL&FS Crisis, and Covid-19, Lunia and the startup believe that in every crisis there is a hidden opportunity waiting to be capitalized upon
Money Manager: Ashish Kashyap, Founder, INDMoney
The company also provides a diverse set of investment solutions ranging from Indian Stocks, US Stocks, Mutual Funds, NPS etc
Insurance Simplifier: Dhirendra Mahyavanshi, CEO and Co-founder, Turtlemint
The company aims to broaden its range of products and expand its partnerships with enterprises in India and in Middle East and Southeast Asia
The Saviour: Zaheer Adenwala , co-founder and COO, Ketto
The startup aims to address the healthcare financing gap by bridging the disparity that currently exist in receiving affordable healthcare
Winvesta: Cross-border Financial Enabler
Incorporated in London in August 2019 by Swastik and Prateek Jain, Winvesta aims to make global banking and investments accessible to every Indian.
Avanti Finance: The Micro Loans Lender
With support from some of the biggest names in Indian business, including Ratan Tata and Nandan Nilekani, Avanti Finance was founded in 2018 with the goal to provide timely, reasonably priced financial services to the next 100 million underserved or underprivileged households.
LenDenClub: The P2P Digital Lender
The Mumbai-based lending startup provides various loan types, such as personal, business, and medical loans.