42 Best Payment Startups in India to Watch in 2025

The Definitive Seedtable Ranking of Payment Startups in India

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 42 start-ups with an aggregate funding of $8.8b. The average funding per company in this subset is $210.6m.

Last update to the database: Feb 18, 2025. See changelog.

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10

Funding Rounds

$1.7b

Money raised

A financial technology company providing payments solutions that allow businesses to accept, process and disburse payments.

Location:

Key people:

9

Funding Rounds

$672.5m

Money raised

BharatPe is a financial technology company specializing in developing payments solutions.

5

Funding Rounds

$53.2m

Money raised

ZestMoney is an Indian fin-tech company that specialises in consumer lending.

Location:

Key people:

4

Funding Rounds

$1.6b

Money raised

Slice is a credit card challenger in India helping to pay bills, manage finances, and earn quick rewards.

4

Funding Rounds

$7.0m

Money raised

Instamojo is a company founded in 2012 by Sampad Swain.

10

Funding Rounds

$162.5m

Money raised

MobiKwik is a Gurgaon-based company founded in 2009 by Anjali Singh.

5

Funding Rounds

$391.5m

Money raised

Globally, Zeta is recognized as a next-gen banking technology company. Our platform enables financial institutions to launch extensible and compliant banking asset and liability products, across cards, loans and deposits, rapidly.

Industries:

Key people:

10

Funding Rounds

$1.4b

Money raised

A company providing financing and transaction technology for merchants.

3

Funding Rounds

$89.7m

Money raised

A company offering a family-oriented payment application that enables teenagers to receive money from their parents and spend it digitally without opening a bank account.

2

Funding Rounds

$43.0m

Money raised

MarketInvoice is a London-based company founded in 2011 by Ashwin Chalam.

Location:

Key people:

12

Funding Rounds

$202.0m

Money raised

Capital Float is a Bangalore-based online platform providing working capital financing to small and medium enterprises in India.

2

Funding Rounds

Through our robust framework of more than 10000+ Customer service points, we aim to provide end-to-end banking services to rural India, which comprises 80% of India’s total population. With an objective of inclusive growth, our retail Customer Service Points, shall offer all banking services offered in a ‘Brick and Mortar’ branch.

5

Funding Rounds

$566.5m

Money raised

Zepto is an online grocery company.

Industries:

Location:

Key people:

5

Funding Rounds

$636.0m

Money raised

A company offering a members-only mobile application that rewards users for paying off their credit cards.

Location:

Key people:

5

Funding Rounds

$700.0k

Money raised

Eunimart is an AI technology company focusing on supply chain automation.

3

Funding Rounds

$110.0m

Money raised

Open is a neobank based in India offering Business accounts including a debit card, with all transactions being managed from an iPhone or Android application. Open currently accepts to open mobile bank accounts for residents of India.

5

Funding Rounds

$51.0m

Money raised

Ezetap is a company founded in 2011 by Sanjay Swamy, Shripati Acharya, Abhijit Bose and Bhaktha Keshavachar.

3

Funding Rounds

$315.0m

Money raised

StashFin is a unique neo-banking platform with a mission to deliver seamless, transparent and efficient financial services to everyone.

Location:

Key people:

2

Funding Rounds

$40.8m

Money raised

CashFree is a digital payments provider in India founded in 2015 by Reeju Datta.

Location:

Key people:

1

Funding Rounds

$8.8m

Money raised

Corporate credit card for Indian startups & small businesses

Location:

Key people:

2

Funding Rounds

$54.0m

Money raised

In India, Simpl is the most popular Pay-Later platform.

Location:

Key people:

5

Funding Rounds

$217.0k

Money raised

KyePot is a Mumbai-based mobile platform offering users social financial services, including community-based saving, lending, and borrowing facilities.

3

Funding Rounds

$87.4m

Money raised

JUSPAY is a company founded in 2012 by Vimal Kumar.

10

Funding Rounds

$40.0m

Money raised

Electronic Payment and Services is a payment systems company that offers payments services to banks and their customers.

3

Funding Rounds

$50.0m

Money raised

Mswipe is a company founded in 2011 by Manish Patel.

Location:

Key people:

1

Funding Rounds

$40.0m

Money raised

We’re a smart, contemporary lending firm that uses technology to make loans simpler, faster, and more accessible for our customers. What does that mean? Minimum paperwork. Faster sanctions. Maximum peace of mind! Sounds too good to be true? Reach out to us and we’ll convince you!

1

Funding Rounds

$4.0m

Money raised

Easebuzz is a Pune-based company founded in 2015 by Rai Rohit Prasad.

1

Funding Rounds

BillDesk is a company founded in 2000.

2

Funding Rounds

$2.3m

Money raised

Finzy is a company founded in 2016 by Amit More, Abhinandan Sangam and Vishwas Dixit.

1

Funding Rounds

$5.5m

Money raised

Citrus Pay is an India-based company founded in 2011.

1

Funding Rounds

$1.0m

Money raised

Cashinvoice is a company founded in 2018 by Shrinivas Kasar, Arun Poojari and Joicy Chakola.

1

Funding Rounds

$8.8m

Money raised

CashFlo is a Maharashtra-based company founded by Ankur Bhageria.

Location:

Key people:

1

Funding Rounds

$7.2m

Money raised

ftcash is a company founded in 2015 by Sanjeev Chandak.

Industries:

Location:

1

Funding Rounds

$25.0m

Money raised

PayMate is a Mumbai-based company founded in 2000.

1

Funding Rounds

$10.0m

Money raised

ePayLater is a company founded in 2015 by Akshat Saxena, Aurko Bhattacharya, Prasannaa Muralidharan, Shanmugam Thiagarajan and Uday Somayajula.

1

Funding Rounds

$960.0k

Money raised

Platform for buying, selling, and sharing pre-owned fashion with easy selling through provided packing material, logistics, and payment.

Industries:

Location:

1

Funding Rounds

$110.0m

Money raised

Earlysalary is a Pune-based company founded in 2015.

Location:

1

Funding Rounds

Livquik Technologies is a Mumbai-based company founded in 2012.

1

Funding Rounds

$25.0m

Money raised

Zamp is a banking and payments for the global economy founded by Amit Jain.

Industries:

Location:

Key people:

1

Funding Rounds

$13.0m

Money raised

Card91 is a payments platform founded by Vineet Saxena.

Industries:

Location:

Key people:

1

Funding Rounds

Infino is an India-based company founded by Vibhor Jain.

Location:

Key people:

1

Funding Rounds

$370.0m

Money raised

BrahatPe is an India-based company.

Industries:

Location:

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