About FinTech sector in Delhi NCR, India
The FinTech sector in Delhi NCR, India comprises 3.2K companies, including 614 funded companies having collectively raised $11.6B in venture capital money and private equity. Out of these, 180 are Series A+ funded, and 7 have achieved unicorn status.
FinTech sector in Delhi NCR, India has seen 65 acquisitions and 17 IPOs.
This sector includes companies providing tech-enabled financial services and IT infrastructure and software for offering and managing financial services.
FinTech sector is also known as BFSI Tech.
Companies providing tech solutions to provide financial services like lending, banking, fundraising, insurance, etc are included in this sector. Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc are excluded.
Top FinTech Companies in Delhi NCR, India
There are 3,200 FinTech startups in Delhi NCR, India which include BharatPe, Pine Labs, Square Yards, INDMoney, Recur Club. Out of these, 614 startups are funded, with 180 having secured Series A+ funding, and 7 achieving unicorn status.
2026 has seen the creation of 37 FinTech startups in Delhi NCR, India. Over the past 10 years, an average of 206 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Delhi, BITS Pilani and IIM Calcutta.
Here is the list of top FinTech startups in Delhi NCR, India
1. BharatPe
Provider of payment solutions, lending, and investment opportunities for businesses. It offers tools for payment acceptance, including QR codes and card payment devices. Additionally, it facilitates business loans and provides an investment platform. The company aims to support businesses with financial products.
Key facts about BharatPe
- Founded Year: 2018
- Location: Gurugram (India)
- Stage: Series E
- Total Funding till date: $584M
- Investors: Ribbit Capital, Coatue and 60 Others
- Latest Funding Round: Conventional Debt, Mar 07, 2026, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 424 Competitors
2. Pine Labs
Provider of in-store and online payment, prepaid, and financial solutions. It offers products, solutions, and resources for developers. The company focuses on payment processing and related financial infrastructure.
Key facts about Pine Labs
- Founded Year: 1998
- Location: Noida (India)
- Stage: Public
- Total Funding till date: $954M
- Investors: Peak XV Partners, Actis and 185 Others
- Latest Funding Round: Series F, Mar 04, 2022, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 8 of 7,795 Competitors
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3. Square Yards
Provider of integrated technology-driven real estate solutions for buying, selling and renting properties. The company offers a full-stack proptech platform that aggregates real estate and mortgage marketplaces, allowing consumers to navigate the entire property journey seamlessly. Its integrated platform enables users to discover, purchase, and manage properties with ease, backed by trusted real estate developers and mortgage solutions.
Key facts about Square Yards
- Founded Year: 2014
- Location: Gurugram (India)
- Stage: Series C
- Total Funding till date: $160M
- Investors: Bling International Events, PCPL and 28 Others
- Latest Funding Round: Series C, Jun 23, 2026, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 5 of 2,179 Competitors
4. INDMoney
Provider of integrated personal finance and investment management solutions for individuals. The app offers features such as investment in stocks, SIP in mutual funds, free Demat and trading accounts, investment in direct plans of mutual funds, AI-driven advisory, mini save, super banking for family, automatic tracking of money, mutual fund investments, and more. The app is available on iOS and Android devices.
Key facts about INDMoney
- Location: Gurugram (India)
- Stage: Series D
- Total Funding till date: $158M
- Investors: Steadview, Tiger Global Management and 22 Others
- Latest Funding Round: Series D, Jan 17, 2022, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 1 of 6 Competitors
5. Recur Club
Provider of non-dilutive debt financing for startups and growing businesses. This entity facilitates access to capital through revenue-based financing, venture debt, and various structured debt instruments. Financial data analysis determines eligibility for funding facilities, allowing companies to secure capital without relinquishing equity ownership. The process involves connecting financial records to an automated assessment system that matches applicants with lending partners. Repayment structures are designed to align with business revenue performance, providing flexibility for operational needs such as inventory management, hiring, and working capital requirements.
Key facts about Recur Club
- Founded Year: 2021
- Location: Delhi (India)
- Stage: Series A
- Total Funding till date: $15.3M
- Investors: Info Edge Ventures, String Advantage and 25 Others
- Latest Funding Round: Series A, Jun 08, 2026, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 5 of 710 Competitors
Companies founded year-on-year in the FinTech sector in Delhi NCR
37 new startups have been founded so far in 2026 in the FinTech sector in Delhi NCR. 353 FinTech startups in Delhi NCR 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 | 37 |
2025 | 63 |
2024 | 168 |
2023 | 192 |
2022 | 231 |
2021 | 353 |
2020 | 331 |
2019 | 241 |
2018 | 213 |
2017 | 234 |
Stage-wise distribution of FinTech sector companies in Delhi NCR
Out of the total 3,200 FinTech companies in Delhi NCR, 614 have secured funding. Among them, 180 have reached Series A or higher, and 121 to Series B or beyond.
Founded - 3,200
Funded - 614
Series A+ - 180
Series B+ - 121
Series C+ - 99
Company Stage | No. of companies |
|---|---|
Founded | 3,200 |
Funded | 614 |
Series A+ | 180 |
Series B+ | 121 |
Series C+ | 99 |
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Funding Trends in the FinTech sector in Delhi NCR
Total funding year-on-year in the FinTech sector in Delhi NCR
The FinTech sector in Delhi NCR saw a total funding of more than $10B in the last 10 years. The most amount of funding was in 2021 at more than $2.04B. There has been a total funding of $351M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $351M |
2025 | $506M |
2024 | $924M |
2023 | $602M |
2022 | $1.32B |
2021 | $2.04B |
2020 | $692M |
2019 | $1.65B |
2018 | $735M |
2017 | $1.21B |
Recent Funding Rounds in FinTech in Delhi NCR
In the year 2026, till August 2026, FinTech companies in Delhi NCR have raised $282M in equity funding across 30 rounds.
In the same period last year (i.e. till August 2025), FinTech companies in Delhi NCR had raised $184M across 46 rounds.
So, 2026 has seen a 53.64% rise in funding in FinTech companies in Delhi NCR as compared to 2025.
Here are some recent, important funding rounds in FinTech companies in Delhi NCR:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 9455 | Aug 13, 2026 | ||
Series A | 7080 | Aug 06, 2026 | ||
Series B | 5338 | Jul 23, 2026 | ||
Series C | 2577 | Jun 23, 2026 | ||
Series A | 2016 | Jun 08, 2026 |
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Top Investors in FinTech in Delhi NCR
Lightspeed Venture Partners is the top investor in FinTech companies in Delhi NCR based on number of companies invested.
Here are some top investors in FinTech companies in Delhi NCR:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Menlo Park (United States) | ||
Gurugram (India) | ||
New York City (United States) | - | |
Delhi (India) | ||
Singapore (Singapore) | - |
M&A activity in FinTech sector in Delhi NCR
In the year 2026, till July 2026, 4 acquisitions happened in FinTech sector in Delhi NCR. Last year, in 2025, a total of 4 acquisitions happened in FinTech sector in Delhi NCR.
Here are some recent, important acquisitions in FinTech sector in Delhi NCR:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 24, 2026 | ||
Business Acquisition | Jun 24, 2026 | ||
Business Acquisition | May 07, 2026 | ||
Business Acquisition | Mar 18, 2026 | ||
Business Acquisition | Dec 22, 2025 |
Acquisition trends in FinTech sector in Delhi NCR
Here are the acquisition trends in FinTech sector in Delhi NCR:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 4 |
2025 | 4 |
2024 | 7 |
2023 | 9 |
2022 | 11 |
2021 | 5 |
2020 | 1 |
2019 | 5 |
2018 | 4 |
2017 | 7 |
IPOs in FinTech in Delhi NCR
In the year 2025, till November 2025, 2 IPOs happened in FinTech sector in Delhi NCR.
Here are some recent, important IPOs in FinTech sector in Delhi NCR:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 14, 2025 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Jul 03, 2025 | Bombay Stock Exchange (BSE) | |
Dec 18, 2024 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Jul 29, 2024 | National Stock Exchange (NSE) | |
Jul 02, 2024 | National Stock Exchange (NSE) |
Colleges which produce the most FinTech companies in Delhi NCR
Companies founded by alumni from top colleges in the FinTech in Delhi NCR
Most number of FinTech startups in Delhi NCR have been founded by alumni from IIT Delhi, BITS Pilani and IIM Calcutta.
College | No. of companies |
|---|---|
IIT Delhi | 108 |
BITS Pilani | 30 |
IIM Calcutta | 30 |
IIT Kanpur | 29 |
IIM Ahmedabad | 25 |
IIT Roorkee | 24 |
Indian School of Business | 24 |
IIT Kharagpur | 21 |
IIT Bombay | 18 |
IIM Bangalore | 15 |
Total funding in FinTech companies founded by alumni from top colleges in Delhi NCR
In the last 10 years, IIT Delhi graduates' FinTech companies in Delhi NCR have raised the most funding among top colleges. IIM Ahmedabad alumni are second, and Harvard University alumni are third.
College | Total Funding |
|---|---|
IIT Delhi | $2.69B |
IIM Ahmedabad | $998M |
Harvard University | $952M |
Princeton University | $935M |
IIM Calcutta | $822M |
INSEAD | $470M |
Columbia University | $453M |
IIT Kharagpur | $444M |
Stanford University | $412M |
BITS Pilani | $336M |
Top News in FinTech in Delhi NCR
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Grip Invest Elevates Ankit Dokania to Chief Financial OfficerPassionate In Marketing•Jun 16, 2026•Grip
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Oister Global Unveils Third Secondaries Fund Targeting Over $50 Million CorpusVCCircle•May 20, 2026•Oister
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Comviva Recognized in Gartner Market Guide for Digital Commerce Payment Platforms 2026PR Newswire•May 20, 2026•Comviva
