GovTech startups in India
There are 231 GovTech startups in India which include EMudhra, Innefu, BLS E Services, LocalCircles, MOSIP. Out of these, 41 startups are funded, with 10 having secured Series A+ funding.
Over the past 10 years, an average of 9 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Bombay, IIT Delhi and BITS Pilani.
Here is the list of top GovTech startups in India
1. EMudhra
Provider of digital signature certificates, PKI, and e-signature solutions. It offers solutions for identity and access management, including multi-factor authentication. It provides services such as policy consultation and PKI gap analysis. The company provides e-signature workflow and document signer certificates. It offers solutions for various industries, including banking, government, aviation, telecom, enterprise, and manufacturing.
Key facts about EMudhra
- Founded Year: 2008
- Location: Bengaluru (India)
- Stage: Public
- Total Funding till date: $26.2M
- Investors: Nippon, Axis Growth and 34 Others
- Latest Funding Round: Series A, May 05, 2022, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 4 of 1,971 Competitors
2. Innefu
Provider of AI-driven data analytics and information security solutions. It delivers products for the defense, intelligence, law enforcement, and financial sectors. Its offers include predictive policing, intelligence fusion, financial fraud detection, and digital forensic platforms. It provides solutions for image and video analytics, OSINT, and multi-factor authentication.
Key facts about Innefu
- Founded Year: 2010
- Location: Delhi (India)
- Stage: Series A
- Total Funding till date: $2.6M
- Investors: IndiaNivesh Fund Managers, Realsme and 4 Others
- Latest Funding Round: Series A, Feb 23, 2024, $*****
- Tracxn Score: 61/100 What is this?
- Competitors Rank: 33 of 986 Competitors
A technology enabled digital service provider, providing business correspondents services to banks. It is offering business Correspondents services to various banks. They also provide visa consultancy services, government to citizens services, and assisted e-services.
Key facts about BLS E Services
- Founded Year: 2016
- Location: Gurugram (India)
- Stage: Public
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 3 of 202 Competitors
4. LocalCircles
Social platform to connect & discuss various issues. Users can get connected with their government, city, causes, neighborhood, interest, needs, and any other communities they are a part of. Enable users to seek information & assistance when needed, join groups for various initiatives and improve their urban daily life. The app is available for both iOS and Android users.
Key facts about LocalCircles
- Founded Year: 2012
- Location: Noida (India)
- Stage: Seed
- Total Funding till date: $2.39M
- Investors: Maharshi Commerce, Universal Trustee and 40 Others
- Latest Funding Round: Seed, Jan 06, 2016, $*****
- Tracxn Score: 53/100 What is this?
- Competitors Rank: 1 of 92 Competitors
5. MOSIP
Developer of modular, open-source platform for building digital identity systems. The platform offers governments tools for digital transformation based on principles and human-centric design. It provides transparency, customizability, and compliance, allowing adopters to choose vendors and adapt systems. The platform prioritizes data and identity security, ensuring technology solutions are informed by human need.
Key facts about MOSIP
- Founded Year: 2018
- Location: Bengaluru (India)
- Stage: Early Stage
- Total Funding till date: $16M
- Investors: Gates Foundation, Norad and 3 Others
- Latest Funding Round: Grant (prize money), Dec 20, 2020, $*****
- Tracxn Score: 50/100 What is this?
- Competitors Rank: 26 of 260 Competitors
