About Investment Tech sector in India
The Investment Tech sector in India comprises 4.74K companies, including 781 funded companies having collectively raised $8.45B in venture capital money and private equity. Out of these, 163 are Series A+ funded, and 5 have achieved unicorn status.
Investment Tech sector in India has seen 60 acquisitions and 29 IPOs.
This sector includes companies offering platforms for retail and institutional investors to research and invest in multiple financial assets. Also includes companies offering solutions to financial institutions providing investment related services.
Investment Tech sector is also known as Trading Tech, Trading Software Tech, Wealth Tech or Invest Tech.
All companies that provide software tools and solutions to facilitate public and private market investing. Also includes companies providing financial data and related analytics. Robo advisors, traditional investment advisors and brokerage houses. Robo Advisors is viewed as a separate cut by the investors, and traditional investment advisors are generally offline are excluded.
Top Investment Tech Companies in India
There are 4,739 Investment Tech startups in India which include Smallcase, Angel One, Groww, Upstox, Scripbox. Out of these, 781 startups are funded, with 163 having secured Series A+ funding, and 5 achieving unicorn status.
Over the past 10 years, an average of 327 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Delhi, IIT Bombay and BITS Pilani.
Here is the list of top Investment Tech startups in India
1. Smallcase
Online platform offering smart investment portfolios. It enables users to build diversified investment portfolios by investing in baskets of stocks or exchange-traded funds managed by experienced investment experts. It focuses on investment in securities, advising users to read documents. It offers resources, including disclosures, terms, conditions, and privacy policies. It allows investors to build and track diversified portfolios across stocks, ETFs, mutual funds, fixed deposits, and more.
Key facts about Smallcase
- Founded Year: 2015
- Location: Bengaluru (India)
- Stage: Series D
- Total Funding till date: $121M
- Investors: Peak XV Partners, Faering Capital and 57 Others
- Latest Funding Round: Series D, Mar 27, 2025, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 69 Competitors
2. Angel One
App-based brokerage stock trading platform. It features online trading and investing, advisory, margin trading facility, algorithmic trading, smart orders, and more. Available on both Android and iOS devices.
Key facts about Angel One
- Founded Year: 1996
- Location: Mumbai (India)
- Stage: Public
- Total Funding till date: $38.4M
- Investors: IFC, ICICI Prudential Life Insurance and 43 Others
- Latest Funding Round: Post IPO, Apr 05, 2024, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 269 Competitors
3. Groww
Provider of an online platform for investments and trading services. The platform facilitates stock, exchange-traded fund, and initial public offering investments with order tracking. It offers tools for intraday monitoring, futures and options trading, and commodities trading. The platform also provides access to direct mutual funds, new fund offers, and mutual fund screeners.
Key facts about Groww
- Founded Year: 2016
- Location: Bengaluru (India)
- Stage: Series F
- Total Funding till date: $596M
- Investors: Iconiq Capital, Tiger Global Management and 20 Others
- Latest Funding Round: Series F, Jun 13, 2025, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 23 Competitors
4. Upstox
Developer of tech driven trading platform offering low cost brokerage. The platform provides seamless access to equity, commodity, and currency trading with commission-free delivery trades and competitive pricing for active traders. It integrates real-time market data, advanced charting, and efficient order execution. Revenue streams include brokerage fees on non-free trades, margin funding services, and value-added financial products. Designed for beginners and experienced investors alike, the system is engineered for accessibility and cost efficiency in capital markets.
Key facts about Upstox
- Founded Year: 2009
- Location: Mumbai (India)
- Stage: Series C
- Total Funding till date: $220M
- Investors: Tiger Global Management, Kalaari Capital and 23 Others
- Latest Funding Round: Series C, Sep 16, 2022, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 1 of 94 Competitors
5. Scripbox
Platform offering mutual fund investments, financial planning, and wealth growth services. It provides tools for financial planning, personalized investment recommendations, and progress tracking. The platform offers options for investing in both regular and direct mutual funds across various categories, including equity, large cap, mid cap, and multi cap funds. It also provides market insights through newsletters and social media channels.
Key facts about Scripbox
- Founded Year: 2012
- Location: Bengaluru (India)
- Stage: Series D
- Total Funding till date: $84M
- Investors: Accel, LetsVenture and 52 Others
- Latest Funding Round: Series D, Jun 21, 2024, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 1 of 578 Competitors
Companies founded year-on-year in the Investment Tech sector in India
690 Investment Tech 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 |
|---|---|
2025 | 21 |
2024 | 239 |
2023 | 385 |
2022 | 391 |
2021 | 690 |
2020 | 473 |
2019 | 284 |
2018 | 276 |
2017 | 232 |
2016 | 286 |
Stage-wise distribution of Investment Tech sector companies in India
Out of the total 4,739 Investment Tech companies in India, 781 have secured funding. Among them, 163 have reached Series A or higher, and 113 to Series B or beyond.
Founded - 4,739
Funded - 781
Series A+ - 163
Series B+ - 113
Series C+ - 99
Company Stage | No. of companies |
|---|---|
Founded | 4,739 |
Funded | 781 |
Series A+ | 163 |
Series B+ | 113 |
Series C+ | 99 |
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Funding Trends in the Investment Tech sector in India
Total funding year-on-year in the Investment Tech sector in India
The Investment Tech sector in India saw a total funding of more than $7.82B in the last 10 years. The most amount of funding was in 2019 at more than $1.6B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $653M |
2024 | $577M |
2023 | $1.28B |
2022 | $512M |
2021 | $975M |
2020 | $574M |
2019 | $1.6B |
2018 | $280M |
2017 | $1.05B |
Recent Funding Rounds in Investment Tech in India
In the year 2025, till December 2025, Investment Tech companies in India have raised $708M in equity funding across 81 rounds.
In the same period last year (i.e. till December 2024), Investment Tech companies in India had raised $320M across 95 rounds.
So, 2025 has seen a 121.18% rise in funding in Investment Tech companies in India as compared to 2024.
Here are some recent, important funding rounds in Investment Tech companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 9633 | Dec 22, 2025 | ||
Series B | 2863 | Dec 19, 2025 | ||
Series B | 6938 | Dec 02, 2025 | ||
Series A | 4266 | Nov 27, 2025 | ||
Angel | 3755 | Nov 25, 2025 | and 4 more |
Top Investors in Investment Tech in India
Accel is the top investor in Investment Tech companies in India based on number of companies invested.
Here are some top investors in Investment Tech companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Palo Alto (United States) | ||
Cambridge (United States) | ||
Redwood City (United States) | ||
Bengaluru (India) | ||
Bengaluru (India) |
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M&A activity in Investment Tech sector in India
In the year 2025, till September 2025, 3 acquisitions happened in Investment Tech sector in India. Last year, in 2024, a total of 5 acquisitions happened in Investment Tech sector in India.
Here are some recent, important acquisitions in Investment Tech sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 04, 2025 | ||
Business Acquisition | Jun 16, 2025 | ||
Business Acquisition | May 16, 2025 | ||
Business Acquisition | Nov 10, 2024 | ||
Business Acquisition | Sep 18, 2024 |
Acquisition trends in Investment Tech sector in India
Here are the acquisition trends in Investment Tech sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | 3 |
2024 | 5 |
2023 | 10 |
2022 | 10 |
2021 | 9 |
2020 | 2 |
2019 | 3 |
2018 | 6 |
2017 | 3 |
2016 | 1 |
IPOs in Investment Tech in India
In the year 2025, till November 2025, 2 IPOs happened in Investment Tech sector in India.
Here are some recent, important IPOs in Investment Tech sector in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 12, 2025 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Sep 30, 2025 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Sep 23, 2024 | Bombay Stock Exchange (BSE) | |
Sep 26, 2023 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Dec 29, 2022 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) |
Colleges which produce the most Investment Tech companies in India
Companies founded by alumni from top colleges in the Investment Tech in India
Most number of Investment Tech startups in India have been founded by alumni from IIT Delhi, IIT Bombay and BITS Pilani.
College | No. of companies |
|---|---|
IIT Delhi | 65 |
IIT Bombay | 57 |
BITS Pilani | 54 |
IIM Ahmedabad | 50 |
IIM Bangalore | 48 |
IIT Kanpur | 47 |
IIM Calcutta | 40 |
IIT Kharagpur | 39 |
IIT Madras | 30 |
IIT Roorkee | 26 |
Total funding in Investment Tech companies founded by alumni from top colleges in India
In the last 10 years, IIT Delhi graduates' Investment Tech companies in India have raised the most funding among top colleges. IIT Bombay alumni are second, and BITS Pilani alumni are third.
College | Total Funding |
|---|---|
IIT Delhi | $1.27B |
IIT Bombay | $1.11B |
BITS Pilani | $695M |
IIM Ahmedabad | $669M |
XLRI- Xavier School of Management | $625M |
University of California (Los Angeles) | $600M |
UCLA Anderson School of Management | $596M |
Stanford University | $374M |
Stanford Business School | $336M |
IIM Bangalore | $318M |
Top News in Investment Tech in India
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KFin Technologies launches IGNITE to empower mutual fund distributorsBusiness Review Live•Sep 29, 2025•KFin Technologies
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Paytm Money and JioBlackRock launch AI-driven active equity fundMediaNama•Sep 24, 2025•JioBlackRock, Paytm Money, BlackRock, Jio
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SBI Mutual Fund launches Magnum Hybrid Long Short Fund under new SIF frameworkMoneycontrol•Sep 24, 2025•SBI Mutual Fund
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India's Top 10 Unicorn Founders Under 35 in 2025: Oyo to ZeptoLivemint•Sep 13, 2025•ASK Group, Hurun India
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JioBlackRock to launch first active equity fund on Sep 23, another 3-4 in pipelineMoneycontrol•Sep 11, 2025•JioBlackRock
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Bandhan Mutual Fund Launches Bandhan BSE India Sector Leaders Index FundBusiness News This Week•Sep 02, 2025•Bandhan Mutual Fund
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5Paisa Capital Limited Announces Executive Changes , Effective September 2, 2025Stock Screener•Sep 02, 2025•5paisa
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Motilal Oswal Alternates raises $800M in first close of fifth PE FundYourStory•Aug 21, 2025•Motilal Oswal
