101 Top Mumbai Financial Services Companies and Startups

June 7, 2022

This article showcases our top picks for the best Mumbai based Financial Services companies. These startups and companies are taking a variety of approaches to innovating the Financial Services 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

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Top Mumbai Financial Services Startups

Data sourced from Crunchbase and SemRush.

CoinDCX

CoinDCX

Crunchbase Website Twitter Facebook Linkedin

CoinDCX operates as a cryptocurrency exchange aggregator.

ICICI Bank

ICICI Bank

Crunchbase Website Twitter Facebook Linkedin

ICICI Bank operates as a private sector bank that offers a wide range of financial services to corporate and retail customers.

ICICI Bank

ShopSe

Crunchbase Website Twitter Facebook Linkedin

ShopSe is a fintech company that provides a platform for pay later and instant EMI.

ICICI Bank

BlackSoil

Crunchbase Website Twitter Facebook Linkedin

Blacksoil Advisory is an independent boutique advisory firm.

ICICI Bank

Upstox

Crunchbase Website Twitter Facebook Linkedin

Upstox is a fin-tech company to allow innovative investment options for its users.

ICICI Bank

Jupiter

Crunchbase Website Twitter Facebook Linkedin

Jupiter is a provider of digital retail banking services to help users track their expenses.

ICICI Bank

Yes Bank

Crunchbase Website Twitter Facebook Linkedin

YES BANK is a large private sector bank that offers comprehensive banking and financial solution to all its valued customers.

ICICI Bank

Financepeer

Crunchbase Website Twitter Facebook Linkedin

Financepeer is an AI-based peer-to-peer lending platform that offers loans to students to pay school and college fees.

ICICI Bank

Axis Bank

Crunchbase Website Twitter Facebook Linkedin

Axis Bank is a banking institution offering commercial, corporate and retail banking, and treasury operations.

ICICI Bank

EnKash

Crunchbase Website Twitter Facebook Linkedin

EnKash is a corporate cards and payments platform that helps businesses in optimizing their cashflows and spending.

ICICI Bank

InCred

Crunchbase Website Twitter Facebook Linkedin

InCred is a financial services platform that leverages technology and data-science to make lending quick and easy.

ICICI Bank

Neogrowth

Crunchbase Website Twitter Facebook Linkedin

NeoGrowth is a non-deposit, NBFC registered with RBI that provides short-term business loans to merchants.

ICICI Bank

Eduvanz

Crunchbase Website Twitter Facebook Linkedin

Eduvanz is a fintech company that provides loans for students, education, career, and skill development.

ICICI Bank

CredAble

Crunchbase Website Twitter Facebook Linkedin

CredAble combines technology, financing, deep learning, and analytics to create innovative supply chain financing products dynamically.

ICICI Bank

Mintifi

Crunchbase Website Twitter Facebook Linkedin

Mintifi is supply chain financing platform

ICICI Bank

HDFC Capital Advisors

Crunchbase Website Twitter Facebook Linkedin

HDFC Capital is a real estate private equity investment manager.

ICICI Bank

Jai Kisan

Crunchbase Website Twitter Facebook Linkedin

Jai Kisan is a fintech platform that provides sustainable financing for rural emerging markets.

ICICI Bank

WealthDesk

Crunchbase Website Twitter Facebook Linkedin

WealthDesk is a business-to-business-to-consumer (B2B2C) investment-tech platform.

ICICI Bank

Tax Buddy

Crunchbase Website Twitter Facebook Linkedin

Tax Buddy is an online tax adviser offering for first-time, subscription-based plans of tax advisory.

ICICI Bank

Idfc First Bank

Crunchbase Website Twitter Facebook Linkedin

Idfc First Bank is a bank providing a range of financial solutions to individuals, small businesses and corporates.

ICICI Bank

LiquiLoans

Crunchbase Website Twitter Facebook Linkedin

Liquiloans is a Peer to Peer Lending platform

ICICI Bank

Piramal Enterprises

Crunchbase Website Twitter Facebook Linkedin

Piramal Group is a diversified conglomerate with operational presence in pharma, financial services, information management and real estate.

ICICI Bank

Billdesk

Crunchbase Website Twitter Facebook Linkedin

BillDesk develops an integrated technology platform and unified APIs to make digital payments easy and accessible.

ICICI Bank

FlexiLoans

Crunchbase Website Twitter Facebook Linkedin

FlexiLoans is a digital lending platform for SMEs in India

ICICI Bank

Mswipe Technologies

Crunchbase Website Twitter Facebook Linkedin

POS, Mobile POS, mPOS, Card Payment, Payment Solutions, mQR, QR code, Digital Payments, Card Swipping Machine, NFC Payment

ICICI Bank

ICICI Securities

Crunchbase Website Twitter Facebook Linkedin

ICICI Securities is an integrated securities firm.

ICICI Bank

ePaylater

Crunchbase Website Twitter Facebook Linkedin

ePaylater gives customers the option to ‘buy now and pay later’ on online portals with just one click.

ICICI Bank

Kodo

Crunchbase Website Twitter Facebook Linkedin

Kodo is a fintech startup focused on serving the corporate card and B2B payments needs of small businesses.

ICICI Bank

JM Financial

Crunchbase Website Twitter Facebook Linkedin

JM Financial is an integrated financial services group.

ICICI Bank

Aavishkaar Venture Capital

Crunchbase Website Twitter Facebook Linkedin

Aavishkaar Venture Capital provides private equity and microfinance solutions for early stage startups.

ICICI Bank

LenDenClub

Crunchbase Website Twitter Facebook Linkedin

LenDenClub is a digital platform to bring investors and loan seekers at one place to achieve a common goal.

ICICI Bank

Shriram Transport Finance Company

Crunchbase Website Twitter Facebook Linkedin

Shriram Transport Finance Company specializes in financing pre-owned commercial vehicles, equipment, and other loans.

ICICI Bank

Home First Finance Company

Crunchbase Website Twitter Facebook Linkedin

Home First Finance Company provides housing loan financing.

ICICI Bank

U Gro Capital

Crunchbase Website Twitter Facebook Linkedin

U Gro Capital is a small business lending fintech platform that provides loan solutions.

ICICI Bank

dezerv.

Crunchbase Website Twitter Facebook Linkedin

dezerv. offers an integrated portfolio approach to investment, providing higher returns with lower risk.

ICICI Bank

OneAssist

Crunchbase Website Twitter Facebook Linkedin

OneAssist is a protection & assistance services platform.

ICICI Bank

Snapmint

Crunchbase Website Twitter Facebook Linkedin

Snapmint facilitates simplified, fairly-priced and hassle-free EMI options without a Credit Card.

ICICI Bank

IIFL Wealth Management

Crunchbase Website Twitter Facebook Linkedin

IIFL Investment Management is a wealth and asset management company in India.

ICICI Bank

Happy

Crunchbase Website Twitter Facebook Linkedin

Happy is a digital lending platform offering short term loans using alternate data to micro-enterprises in India

ICICI Bank

PaySense

Crunchbase Website Twitter Facebook Linkedin

PaySense provides financial services to Indian consumers.

ICICI Bank

India Exim Bank

Crunchbase Website Twitter Facebook Linkedin

India Exim Bank provides financial and banking servicesd.

ICICI Bank

CASHe

Crunchbase Website Twitter Facebook Linkedin

CASHe is a fintech company that provides flexible, unsecured personal loans through a mobile application.

ICICI Bank

Decimal Point Analytics

Crunchbase Website Twitter Facebook Linkedin

Decimal Point Analytics is a financial services and artificial intelligence company located in Mumbai.

ICICI Bank

Credilio

Crunchbase Website Twitter Facebook Linkedin

Credilio is a digital financial platform that offers loans, credit cards, and advisory services to individuals and families.

ICICI Bank

DCB BANK

Crunchbase Website Twitter Facebook Linkedin

DCB Bank Ltd. is a private sector scheduled commercial bank in India.

ICICI Bank

PayMate

Crunchbase Website Twitter Facebook Linkedin

PayMate is an Indian B2B payments fintech for Enterprise and SME across supply chains.

ICICI Bank

Flexmoney

Crunchbase Website Twitter Facebook Linkedin

Flexmoney is to re-invent consumer credit as an instant digital service at the point of sale for lenders and merchants.

ICICI Bank

SMECorner

Crunchbase Website Twitter Facebook Linkedin

SMEcorner is a financial lending firm that focuses on providing services to small and medium enterprises.

ICICI Bank

Suryoday Small Finance Bank

Crunchbase Website Twitter Facebook Linkedin

Suryoday Small Finance Bank is a registered Non-Banking Finance Company.

ICICI Bank

ftcash

Crunchbase Website Twitter Facebook Linkedin

ftcash empowers the underserved micro-merchanrs through financial inclusion using digital payments and loans.

ICICI Bank

GetVantage

Crunchbase Website Twitter Facebook Linkedin

GetVantage is India and Southeast Asia’s first fintech enabled Revenue-based financing platform.

ICICI Bank

National Stock Exchange

Crunchbase Website Twitter Facebook Linkedin

NSE is India’s stock exchange covering various cities and towns across the country.

ICICI Bank

Niyogin Fintech Ltd.

Crunchbase Website Twitter Facebook Linkedin

Niyogin operates as a non-banking finance company in India.

ICICI Bank

Piramal Capital & Housing Finance

Crunchbase Website Twitter Facebook Linkedin

Piramal Capital & Housing Finance provides both wholesale and retail funding opportunities within real estate and non-real estate sectors.

ICICI Bank

AGS Transact Technologies

Crunchbase Website Twitter Facebook Linkedin

AGS Transact end-to-end payment solutions provider with a wide spectrum of highly customized solutions with the aid of modern technology.

ICICI Bank

Reliance Capital

Crunchbase Website Twitter Facebook Linkedin

Reliance Capital, a constituent of S&P CNX Nifty and MSCI India, is a part of the Reliance Anil Dhirubhai Ambani Group

ICICI Bank

PayU Finance India

Crunchbase Website Twitter Facebook Linkedin

PayU Finance India is a digital lending company.

ICICI Bank

Upswing Financial Technologies

Crunchbase Website Twitter Facebook Linkedin

Upswing Financial Technologies is an open finance B2B ecosystem enabler.

ICICI Bank

Profectus Capital

Crunchbase Website Twitter Facebook Linkedin

Profectus Capital is a non-banking financial services company.

ICICI Bank

Rubique

Crunchbase Website Twitter Facebook Linkedin

Online marketplace lending platform

ICICI Bank

Credit Sudhaar

Crunchbase Website Twitter Facebook Linkedin

Credit Sudhaar is a credit health management company which reviews credit scores of individuals and helps them improve it.

ICICI Bank

SAMCO Securities

Crunchbase Website Twitter Facebook Linkedin

SAMCO Securities aims to simplify the complex world of trading and investing in the stock markets.

ICICI Bank

Indiabulls Housing Finance Limited

Crunchbase Website Twitter Facebook Linkedin

Indiabulls Housing Finance offers home loan at affordable interest rate.

ICICI Bank

Matrix Partners India

Crunchbase Website Twitter Facebook Linkedin

Matrix Partners India is a venture capital firm that focuses on enterprise and consumer market at the seed, early, and early growth stages.

ICICI Bank

IIFL Finance

Crunchbase Website Twitter Facebook Linkedin

IIFL Finance is a leading financial services company in India.

ICICI Bank

SBI Life

Crunchbase Website Twitter Facebook Linkedin

SBI Life is one of the life insurance company that offers a range of life insurance plans and policies to protect you and your family.

ICICI Bank

Nuo

Crunchbase Website Twitter Facebook Linkedin

Nuo is a financial control center to store, spend, and grow your crypto.

ICICI Bank

IndoStar Capital

Crunchbase Website Twitter Facebook Linkedin

IndoStar Capital is a non-banking financial company (NBFC) that offers tailor-made financial services.

ICICI Bank

Credit Wise Capital

Crunchbase Website Twitter Facebook Linkedin

CreditWise Capital is a consumer finance digital NBFC that aims to leverage technology to make lending quick and easy

ICICI Bank

Sanctum Wealth Management

Crunchbase Website Twitter Facebook Linkedin

Sanctum provides end-to-end private wealth management solutions for High Net Worth Individuals (HNIs).

ICICI Bank

Imarticus Learning

Crunchbase Website Twitter Facebook Linkedin

Imarticus provides a range of Training, Placement and Corporate Solutions designed to assist individuals and firms.

ICICI Bank

Credit Fair

Crunchbase Website Twitter Facebook Linkedin

Credit Fair operates as a consumer lending fintech startup.

ICICI Bank

Mosambee

Crunchbase Website Twitter Facebook Linkedin

Mosambee is an EMV enabled comprehensive mobile (POS) Point of Sale system

ICICI Bank

HomeCapital

Crunchbase Website Twitter Facebook Linkedin

HomeCapital is a tech company focused on helping people buy their first home with down payment assistance at zero interest cost.

ICICI Bank

Arthan Finance

Crunchbase Website Twitter Facebook Linkedin

Arthan Finance is a company which focuses on lending to micro and small businesses in smaller cities.

ICICI Bank

Easiloan.com

Crunchbase Website Twitter Facebook Linkedin

Easiloan.com is the first AI-enabled fintech solution for home loans.

ICICI Bank

CARE Ratings

Crunchbase Website Twitter Facebook Linkedin

CARE Ratings operates as a credit rating agency.

ICICI Bank

Svasti Microfinance

Crunchbase Website Twitter Facebook Linkedin

Svasti works with urban slum dwellers women microentrepreneurs.

ICICI Bank

Piggy

Crunchbase Website Twitter Facebook Linkedin

Piggy is an investment application that allows direct fund investments.

ICICI Bank

National Commodity & Derivatives Exchange (NCDEX)

Crunchbase Website Twitter Facebook Linkedin

National Commodity & Derivatives Exchange (NCDEX) is a professionally managed on-line multi commodity exchange.

ICICI Bank

trica

Crunchbase Website Twitter Facebook Linkedin

trica is a unified technology solution for equity management and transactions.

ICICI Bank

9Unicorns Accelerator Fund

Crunchbase Website Twitter Facebook Linkedin

9Unicorns is a stage and sector agnostic accelerator venture capital firm.

ICICI Bank

Arya.ai

Crunchbase Website Twitter Facebook Linkedin

Arya.ai offers ‘Autonomous AI’ product stack for financial institutions to automate and augment core business tasks using Deep Learning.

ICICI Bank

FINO PayTech

Crunchbase Website Twitter Facebook Linkedin

FINO PayTech is a thought leader, innovator and implementer of technology solutions.

ICICI Bank

PayNearby

Crunchbase Website Twitter Facebook Linkedin

PayNearby offers digital banking, payment and transaction services.

ICICI Bank

Aadhar Housing Finance

Crunchbase Website Twitter Facebook Linkedin

Aadhar Housing Finance is affordable housing finance companies in India servicing the home financing needs of the low income sections.

ICICI Bank

Stratzy

Crunchbase Website Twitter Facebook Linkedin

Stratzy let’s users invest in ideas and strategies and bringing institutional-grade investment products to everyday investors.

ICICI Bank

Waterfield Advisors

Crunchbase Website Twitter Facebook Linkedin

Waterfield Advisors is a Multi-Family Office and Wealth Advisory Firm.

ICICI Bank

CreditMate

Crunchbase Website Twitter Facebook Linkedin

CreditMate helps the lending industy Collect faster, smarter and better.

ICICI Bank

LivQuik

Crunchbase Website Twitter Facebook Linkedin

LivQuik provides a complete suite of Prepaid Payment products

ICICI Bank

MoneyOnMobile

Crunchbase Website Twitter Facebook Linkedin

MoneyOnMobile is India’s largest mobile payment platform that facilitates safe and easy financial transactions to millions of Indians

ICICI Bank

Moneyboxx Finance

Crunchbase Website Twitter Facebook Linkedin

Moneyboxx Finance provides easy access to financing to the deserving micro enterprises.

ICICI Bank

Orios Venture Partners

Crunchbase Website Twitter Facebook Linkedin

Orios Venture Partners is an early stage venture fund which primarily invests in software and technology enabled startups.

ICICI Bank

RupeeCircle

Crunchbase Website Twitter Facebook Linkedin

RupeeCircle is a new age finance company.

ICICI Bank

Reliance Nippon Life Asset Management

Crunchbase Website Twitter Facebook Linkedin

Reliance Nippon Life Asset Management Limited is the asset manager of Reliance Mutual Fund

ICICI Bank

IndiaFirst Life Insurance

Crunchbase Website Twitter Facebook Linkedin

IndiaFirst Life Insurance is a young life insurance firm managing finances for customers.

ICICI Bank

Housing Development Finance Corporation

Crunchbase Website Twitter Facebook Linkedin

Housing Development Finance Corporation provides housing finance solutions for home ownership.

ICICI Bank

Veefin

Crunchbase Website Twitter Facebook Linkedin

Veefin is an agile, flexible and integrated software solution for supply chain financing services

ICICI Bank

Upwards Fintech

Crunchbase Website Twitter Facebook Linkedin

Upwards Fintech financial company.

ICICI Bank

Small Business Fincredit

Crunchbase Website Twitter Facebook Linkedin

New-age financial services institution focused on providing credit to small businesses and consumers.

ICICI Bank

Avenues Payments India Pvt. Ltd.

Crunchbase Website Twitter Facebook Linkedin

Avenues Payments is an IT solutions provider for the remittance\money transfer and forex industries.

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