How many total Blockchain Technology companies are there in India?

As of April 2026, India has 1656 active Blockchain Technology companies.

How many Blockchain Technology companies in India are funded?

As of April 2026, 384 companies have received funding in this sector.

What is the total funding raised by Blockchain Technology companies in India?

Blockchain Technology companies in India have collectively raised $2.14B in funding till date.

Which is the highest funded Blockchain Technology company in India?

As of April 2026, Polygon has raised $451M in funding, highest among the funded Blockchain Technology companies in India.

How many Blockchain Technology unicorns are there in India?

India has produced 3 unicorns in the Blockchain Technology sector till date.

Blockchain Technology in India - 2026 Market & Investments Trends

Q: Who are the top investors in Blockchain Technology companies in India?

The top investors in Blockchain Technology companies in India by number of investments are Sandeep Nailwal and Lightspeed Venture Partners.

Companies included in Blockchain Technology

Infrastructure to build Blockchain technology, Smart Contracts, Cryptocurrencies, Non Fungible Tokens, Blockchain Services

Key Metrics

Total Companies

2.48K

Top Companies

Polygon, Hike & more

Total Funding

$2.14B

Funded Companies

384

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

Also known as

Web 3 Technology or Blockchain Ecosystem

View complete details of this sector

There are more than 2.48K companies in Blockchain Technology in India. Polygon is the top Blockchain Technology company in India, ranked using Tracxn Score (what's this?).

Here are 5 of the top Blockchain Technology companies in India:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Polygon	Developer of scalable blockchain interoperability protocols	George Town (Cayman Islands)	2017	Series B	$451M
Hike	Provider of blockchain based mobile gaming platform	Delhi (India)	2012	Series D	$261M
CoinDCX	Cryptocurrency exchange and trading service provider	Mumbai (India)	2018	Series D	$247M
CoinSwitch	Broker-based online crypto trading and exchange platform	Bengaluru (India)	2017	Series C	$302M
Brahma	Blockchain-based network for Defi applications in the finance industry	Delhi (India)	2021	Acquired	$6.71M

Get a longer list of companies

Companies founded year-on-year in the Blockchain Technology sector in India

3 new startups have been founded so far in 2026 in the Blockchain Technology sector in India. 538 Blockchain Technology startups in India were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	3
2025	31
2024	86
2023	157
2022	279
2021	538
2020	178
2019	154
2018	273
2017	217

Stage-wise distribution of Blockchain Technology sector companies in India

Out of the total 2,479 Blockchain Technology companies in India, 384 have secured funding. Among them, 53 have reached Series A or higher, and 28 to Series B or beyond.

Founded - 2,479

Funded - 384

Series A+ - 53

Series B+ - 28

Series C+ - 25

Company Stage	No. of companies
Founded	2,479
Funded	384
Series A+	53
Series B+	28
Series C+	25

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Total funding year-on-year in the Blockchain Technology sector in India

The Blockchain Technology sector in India saw a total funding of more than $1.81B in the last 10 years. The most amount of funding was in 2022 at more than $973M. There has been a total funding of $82M in 2026 till date.

Total Funding

Year	Total Funding
2026	$82M
2025	$24.9M
2024	$56.7M
2023	$45.6M
2022	$973M
2021	$551M
2020	$35.7M
2019	$9.35M
2018	$28.6M
2017	$1.57M

Recent Funding Rounds in Blockchain Technology in India

In the year 2026, till April 2026, Blockchain Technology companies in India have raised $82M in equity funding across 2 rounds. In the same period last year (i.e. till April 2025), Blockchain Technology companies in India had raised $2.39M across 6 rounds. So, 2026 has seen a 3335.75% rise in funding in Blockchain Technology companies in India as compared to 2025.

Here are some recent, important funding rounds in Blockchain Technology companies in India:

Company	Round Raised	Amount Raised	Funding Date	Investors
ZeruAI	Seed	3886	Apr 06, 2026	-
SFO Technologies	PE	9410	Mar 02, 2026	Trident Growth Partners and 3 more
Deep Tradex	Seed	7859	Dec 29, 2025	Professional Diversity Network
Easy.fun	Seed	3308	Dec 23, 2025	Mirana
Speed	Series A	3058	Dec 16, 2025	Tether and 1 more

See a more detailed list of funding rounds

Sandeep Nailwal is the top investor in Blockchain Technology companies in India based on number of companies invested.

Here are some top investors in Blockchain Technology companies in India:

Investor	Location	Top Portfolio Companies
Sandeep Nailwal	India	-
Lightspeed Venture Partners	Menlo Park (United States)	Polygon, Brahma, IndiGG and Elemential
Polygon	George Town (Cayman Islands)	Hike, NFTically, Davos and Crypso
Accel	Palo Alto (United States)	Pillow Fund, IndiGG and Growspace
AZA Ventures	Port Blair (India)	-

See a more detailed list of investors

In the year 2026, till March 2026, 1 acquisition happened in Blockchain Technology sector in India. Last year, in 2025, a total of 1 acquisition happened in Blockchain Technology sector in India.

Here are some recent, important acquisitions in Blockchain Technology sector in India:

Company	Acquisition Type	Acquisition Date	Acquirers
Brahma	Business Acquisition	Mar 18, 2026	Polymarket
Arcana	Business Acquisition	Aug 27, 2025	Avail
Llama	Business Acquisition	Nov 01, 2024	River
FlipItMoney	Business Acquisition	Nov 10, 2023	Delente Technologies
IndiGG	Business Acquisition	Feb 23, 2023	Kratos Studios

See a more detailed list of acquisitions

Acquisition trends in Blockchain Technology sector in India

Here are the acquisition trends in Blockchain Technology sector in India:

Total Number of Acquisitions

Year	No. of companies
2026	1
2025	1
2024	1
2023	3
2022	3
2021	-
2020	1
2019	4
2018	5
2017	-

In the year 1996, till March 1996, 1 IPO happened in Blockchain Technology sector in India.

Here are some recent, important IPOs in Blockchain Technology sector in India:

Company	IPO Date	Exchange Symbol
Ecom Infotech	Mar 18, 1996	Bombay Stock Exchange (BSE)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Blockchain Technology in India

Most number of Blockchain Technology startups in India have been founded by alumni from IIT Bombay, BITS Pilani and IIT Delhi.

College	No. of companies
IIT Bombay	26
BITS Pilani	25
IIT Delhi	24
IIT Kharagpur	20
IIT Kanpur	15
IIT Roorkee	9
Indian School of Business	7
IIM Ahmedabad	6
IIM Calcutta	6
IIT Guwahati	6

Total funding in Blockchain Technology companies founded by alumni from top colleges in India

In the last 10 years, IESE Business School graduates' Blockchain Technology companies in India have raised the most funding among top colleges. IIT Bombay alumni are second, and Imperial College London alumni are third.

College	Total Funding
IESE Business School	$451M
IIT Bombay	$280M
Imperial College London	$261M
IIT Delhi	$137M
University of Pennsylvania	$121M
Wharton School	$121M
IIT Madras	$50.3M
BITS Pilani	$34.7M
IIT Kharagpur	$32.5M
IIT Kanpur	$29.3M