This article showcases our top picks for the best Indian based Banking companies. These startups and companies are taking a variety of approaches to innovating the Banking industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
Top Indian Banking Startups
Data sourced from Crunchbase and SemRush.
slice
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Slice is a fintech company based in India to pay bills, manage expenses, and unlock instant rewards.
ICICI Bank
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ICICI Bank is an Indian bank that offers a wide range of banking products and financial services to corporate and retail customers.
Yes Bank
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YES BANK is a large private sector bank that offers comprehensive banking and financial solution to all its valued customers.
OPEN
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Open develops and offers an online platform for banking and intercompany settlement.
Axis Bank
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Axis Bank is a banking institution offering commercial, corporate and retail banking, and treasury operations.
Jupiter
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Jupiter is a provider of digital retail banking services to help users track their expenses.
InCred
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InCred is a financial services platform that leverages technology and data-science to make lending quick and easy.
IndusInd Bank
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IndusInd Bank is a Mumbai-based Indian new generation bank established in 1994.
Vivriti Capital
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Vivriti Capital is a marketplace for small enterprises and individuals that lack efficient access to financial services.
Paytm Payments Bank
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Paytm Payments Bank is a mobile-first bank with zero balance-zero digital transaction charge accounts.
AU Small Finance Bank
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AU Small Finance Bank is a non banking finance company that provides financial products for customers in Rajasthan.
PNB Housing Finance
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PNBHFL is India’s home loan provider from last 25 years offering home loans at fixed & flexible rate of Interest.
Stashfin
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StashFin is a digital lending company that leverages technology to provide instant credit decisions.
Five Star Business Finance
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Five-Star is a Registered Non Banking Finance Company (NBFC) with Reserve Bank of India (RBI).
Bandhan Bank
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Bandhan Bank provides microfinance lending services.
Zolve
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Zolve provides financial assistance to the immigrants which helps them to be financially free.
Idfc First Bank
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Idfc First Bank is a bank providing a range of financial solutions to individuals, small businesses and corporates.
RBL Bank
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RBL Bank is one of India’s fastest growing scheduled commercial banks.
ftcash
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ftcash empowers the underserved micro-merchanrs through financial inclusion using digital payments and loans.
SMECorner
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SMEcorner is a financial lending firm that focuses on providing services to small and medium enterprises.
Fusion Microfinance
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Fusion Microfinance is a New Delhi-based micro-lending startup aiming to provide underprivileged women with economic opportunities.
HDFC Bank
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HDFC Bank Offers a wide range of personal banking services including savings and current accounts.
Utkarsh Small Finance Bank
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Utkarsh Small Finance Bank provides a range of banking services.
PayNearby
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PayNearby offers digital banking, payment and transaction services.
DMI Finance
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DMI Finance is a non banking financial company.
Suryoday Small Finance Bank
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Suryoday Small Finance Bank is a registered Non-Banking Finance Company.
ICICI Securities
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ICICI Securities is an integrated securities firm.
OnJuno
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OnJuno is a cross-border Neo Banking Platform that aims to give users across the world a high yield account to grow their savings.
Finova Capital
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Finova Capital is a non-banking financial company.
AGS Transact Technologies
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AGS Transact end-to-end payment solutions provider with a wide spectrum of highly customized solutions with the aid of modern technology.
LearnApp
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Learnapp.co – Video courses & live classes in investing, trading, banking and finance.
Annapurna Microfinace
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Annapurna Microfinance is a microfinance venture that works for the financial and economic upliftment of underserved and unreached women.
Shriram Properties
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Shriram Group had its humble beginnings in the Chit Fund business over three decades ago. R Thyagarajan, AVS Raja and T Jayaraman were the
Karza Technologies
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Karza Technologies is a banking and business intelligence solution provider.
JM Financial
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JM Financial is an integrated financial services group.
FINO PayTech
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FINO PayTech is a thought leader, innovator and implementer of technology solutions.
Namaste Credit
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India’s first online marketplace for loans.
Fincare Small Finance Bank
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Fincare Small Finance Bank provides banking and financial services.
Small Business Fincredit
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New-age financial services institution focused on providing credit to small businesses and consumers.
Faircent
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Faircent.com is a website where borrowers and lenders connect directly.
Citrus Payment Solutions
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Citrus Payment Solutions provides consumer payments and mobile banking services.
Aptus Value Housing Finance India
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Aptus is a company engaged in Affordable housing finance
Imarticus Learning
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Imarticus provides a range of Training, Placement and Corporate Solutions designed to assist individuals and firms.
Ujjivan Small Finance Bank
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Ujjivan Small Finance Bank Limited is a mass market focused bank in India.
Satin Creditcare Network
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Satin Creditcare Network provides financial assistance to households, excluded from the ambit of mainstream financial service providers.
Lemnisk
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Real-time Marketing Automation Built on Customer Data Platform
Cube
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Cube is democratising access to the world’s best investments for any global investor.
IIFL Investment Managers
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IIFL Investment Managers is a wealth and asset management company in India.
CSB Bank
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CSB is a full-service bank that offers retail, wholesale, and SME banking services.
Chaitanya
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Chaitanya is a Bengaluru based NBFC with a two-tier structure focusing on providing microfinance loan
IntelleGrow
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IntelleGrow provides debt finance and skills support to small and growing businesses in India.
FundsIndia
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FundsIndia.com known for its, zero-cost, automated mutual fund investment services.
LivFin
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LivFin is a non-banking financial company registered with the Reserve Bank of India (RBI)
Capital First
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Capital First is a Financial Institution in India focused on providing debt financing to MSMEs and Indian consumers.
Navi Technologies
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Navi is a Bengaluru-based firm helping build consumer-centric businesses in the BFSI (Banking, Financial Services & Insurance) space.
Easypolicy
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Easypolicy provides insurance comparison tools in India. Compare insurance online today, Save your time and money.
DCB BANK
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DCB Bank Ltd. is a private sector scheduled commercial bank in India.
ёpeople
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A leading financial services firm, which along with its associates, provides.
Capital Small Finance Bank
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Capital Small Finance Bank is an operator of small finance banks.
IndiaFirst Life Insurance
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IndiaFirst Life Insurance is a young life insurance firm managing finances for customers.
Auxilo
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A pro education NBFC registered with the Reserve Bank of India poised on serving the financing gaps in the Indian Education Sector.
CreditAccess Grameen
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CreditAccess Grameen provides micro financial products and services for women from rural poor and low income households in India.
City Union Bank
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City Union Bank is an Indian bank that focuses on lending to traders and small enterprises.
Digital India Payments
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Digital India Payments is a financial technology company.
numberz
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B2B Receivables & Collections platform, that integrates with existing ERP/CRM, making Getting Paid Faster, Easier & more Predictable
Chillr
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Chillr is a mobile and web application that allows users to send money directly between bank accounts using just the mobile number.
Estee Advisors
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Estee Advisors is a quant-based investment management and execution services provider.
Micro Housing Finance Corporation Limited
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Micro Housing Finance Corporation provides housing finance for lower income households mainly in urban India.
Arya.ai
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Arya.ai offers ‘Autonomous AI’ product stack for financial institutions to automate and augment core business tasks using Deep Learning.
NEOKRED
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Neokred is an Infrastructure Neo Bank that is designed to redefine your banking experience and promote open banking.
SV Creditline
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SV Creditline is a non banking finance company that helps and gives startups easy access to credit for their income generation endeavors.
Cash Suvidha
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Cash Suvidha is an Digital Lending Platform that provide working capital finance to SMEs and MSMEs in India.
Piggy
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Piggy is an investment application that allows direct fund investments.
ZapFin Teknologies Pvt Ltd (DocBoyz)
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Redefining Financial Logistics – Banking Services at Door Step and Generating Employment
Basic Home Loan
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Making home loans faster, stress-free and Basic for middle-& low-income households in India
Karur Vysya Bank
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Karur Vysya bank is a private sector bank in India that focuses on lending to small industries and traders.
IDBI Federal Life Insurance Co
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IDBI Federal Life Insurance is one of India’s growing life insurance companies and offers a diverse range of wealth management.
Village Financial Services Ltd.
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Village Financial Services Ltd. operates as a microfinance company.
Dhanlaxmi Bank
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Dhanlaxmi Bank Ltd. is a group of ambitious and enterprising entrepreneurs.
Sumeru Enterprise Tiger Business Solutions
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Enterprise Tiger platform has all the right components needed for enterprise digitalization.
Utkarsh Micro Finance
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Utkarsh Micro Finance, a non-banking finance company (NBFC), provides financial and non-financial services to the unbanked population.
Jaysel
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We’re a fin-tech company based in India & we hope to live in a world where everyone has access to financial services.
Kotak Mahindra Bank
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Kotak Mahindra Bank is a one-stop shop for all banking needs and is the fourth-largest private sector bank in India.
Allahabad Bank
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Allahabad Bank was by a group of Europeans at Allahabad.
Payzello
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Payzello is a mobile-first bank account, credit and payment solution provider.
Billionloans
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Billionloans is a technology-enabled financial services company.
HeyMojo, Inc
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Heymojo bots boost your sales by engaging your customers in real-time and generating high quality conversation qualified leads (CQL).
cKers Finance
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An innovation led market-maker venture for debt financing of sustainable energy in India.
Reserve Bank of India
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Reserve Bank of India is a central banking institution that controls the monetary policy of the Indian Rupee.
iCreate Software
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iCreate Software develops BI and analytic solutions for banking and financial services industry.
Fox Capital
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Fox Capital vision to redefine and reinvent SME and micro lending opportunities in India.
Federal Bank
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The Federal Bank Limited is an old private sector banks that contributes to retail, SMEs, and agricultural sectors.
Escrowpay India
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Escrowpay India is a neutral, online and convenient escrow platform.
IFMR Rural Channels and Services
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IFMR Rural Channels and Services provides a range of financial products and services to individuals and enterprises.
Canara Bank
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Canara Bank provides banking products and services in India and internationally.
Punjab National Bank
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Punjab National Bank Offering personal, social, agricultural, international and corporate banking services.