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Fintech India Report – October 2016
TracxnWorld’s Largest Startup Research Platform
2
Fintech India Report – October 20163
Contents
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 11
Who is Investing 19
Exit Outlook - IPO, Acquisitions 23
Sub Sector Analysis 25
Consumer Fintech Evolution 46
Interesting Companies 49
Useful Links 67
Company List 70
Team 237
Fintech India Report – October 20164
Sector Overview
Scope of report
This report includes all Indian companies under the following subsectors in Fintech
• Payments - Tools which help in the process of payments such as gateways, processors, PoS payment processors, cards, etc.
• Mobile Payments - Mobile based payment tools and solutions such as MPoS, wallets, Payment aggregators, etc.
• Investment Tech - Public and private market investing based solutions such as trading platforms, wealth management tools,etc. Excludes traditional trading tip providers and brokers
• Insurance Tech - Platforms which help insurance companies by providing risk management tools, distribution platforms, etc.
• Banking Tech - Enabler of banking services via tech solutions, distribution platforms, back end solution providers, etc.Excludes companies that offer services to financial institutions
• Lending - Platforms that help financial institutions with credit scoring and lead generation. Also includes loan comparisonplatforms, peer to peer lending platforms and digital balance sheet lenders
• Consumer Finance - Tools that help consumers in personal finance management, expense splitting, Tax filing etc. Excludestraditional platforms that offer offline finance management advisory services
• Enterprise Finance – Includes accounting, compliance and taxation tools for enterprises
• Cryptocurrency - Virtual currencies built on blockchain
• Crowdfunding - Platforms which help people raise money by donations, rewards or equity
The report includes all the transactions that have happened in this space till 12th October 2016
The scope of this report includes equity as well as debt funding received by the companies.
Fintech India Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Consumer Fintech Evolution
Interesting Companies
Useful Links
Company List
Team
5
Fintech India Report – October 2016
60 65
108125
192
374
137
0
80
160
240
320
400
2010 2011 2012 2013 2014 2015 2016
Nu
mb
er o
f C
om
pan
ies
6
YoY – Number of companies founded
Paytm Ezetap MyUniverse Capital Float Lendingkart
EarlySalary
InCred
FreeCharge Citrus Pay Cloud Lending Faircent Razorpay LoanTap
CoinTribe
Fintech India Report – October 20167
Large Upcoming Sectors
No. of Companies Founded
Average Age
No. of Companies Funded
Business ModelTotal
FundingExample
75 Sep-2014 23 Lending > Consumer Loans $24MFaircent
2013, Gurgaon
41 Sep-2014 10 Lending > Commercial Loans $131MNeoGrowth
2010, Mumbai
51 Aug-2014 8 Mobile Payments > Money Transfer $9MChillr
2014, Mumbai
22 Jul-2013 3 Cryptocurrency $4MUnocoin
2013, Bangalore
48 Feb-2014 10Investment Tech > Public Market Investing > Robo Advisor
$33MFundsIndia
2009, Chennai
159 May-2013 16 Consumer Finance $37MCleartax
2010, Delhi
Fintech India Report – October 20168
Niche Upcoming Sectors
No. of Companies Founded
Average Age
No. of Companies Funded
Business ModelTotal
FundingExample
19 Aug-2014 11Lending > Consumer Loans > Purchase Loans
$10MFlexmoney
2016, Mumbai
7 Aug-2014 2Lending > Consumer Loans > Personal Loans > B2C Marketplace
$1MIndiaLends2014, Delhi
3 Aug-2014 2Lending > Commercial Loans > Direct Lender
$41MCapital Float
2013, Bangalore
3 Aug-2014 1Lending > Commercial Loans > Working Capital > Direct Lenders
$43MLendingkart
2014, Ahmedabad
5 Jul-2014 2Investment Tech > Public Market Investing > Trading Platform > Thematic Investing
UndisclosedSmallcase
2015, Bangalore
19 May-2014 5Lending > Consumer Loans > Personal Loans > P2P Marketplace
$8MFaircent
2013, Gurgaon
7 Aug-2013 4Lending > Consumer Loans > Purchase Loans > EMI based
$5MONEMi
2011, Chennai
Fintech India Report – October 20169
Niche Upcoming Sectors
No. of Companies Founded
Average Age
No. of Companies Funded
Business ModelTotal
FundingExample
5 May-2015 1Lending > Consumer Loans > Student Loans
UndisclosedMeritlane
2015, Chennai
3 Apr-2015 2Lending > Consumer Loans > Purchase Loans > Buy Now Pay Later
$2MePayLater
2016, Mumbai
7 Jan-2015 5Lending > Consumer Loans > Purchase Loans > Students
$3MKrazyBee
2016, Bangalore
8 Nov-2014 2Lending > Commercial Loans > Working Capital > Alternate Financing > Discounting
$750KKredx
2015, Bangalore
7 Nov-2014 2 Lending > Enabler > Credit Rating $2MCreditVidya
2012, Mumbai
17 Sep-2014 3Lending > Commercial Loans > B2C Marketplace
UndisclosedUdyogCredit
2016, Mumbai
6 Sep-2014 1Lending > Consumer Loans > Payday Loans
$2MEarlySalary2015, Pune
Fintech India Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Consumer Fintech Evolution
Interesting Companies
Useful Links
Company List
Team
10
Fintech India Report – October 201611
YoY – Number of Rounds and Total Funding
Note: The funding includes debt rounds also.
$58M $62M$13M
$110M$77M
$127M
$201M
$1.4B
$512M
7 7 9
20
29
32
45
8083
0
18
36
54
72
90
0
320
640
960
1280
1600
2008 2009 2010 2011 2012 2013 2014 2015 2016
Nu
mb
er of R
ou
nd
sFu
nd
ing
Am
ou
nt
(in
Mill
ion
s)
Funding Amount Number of Rounds
Fintech India Report – October 201612
YoY – Number of Rounds by Stage
9
19 19
27
4451
7
710
13
22
20
4
22
4
12
7
0
18
36
54
72
90
2011 2012 2013 2014 2015 2016
Nu
mb
er o
f R
ou
nd
s
Seed Early Late
Fintech India Report – October 201613
YoY – Funding by Stage
$1M $4M $4M $13M $24M $27M$29M $26M $59M $83M$135M $116M$80M $48M
$63M
$105M
$1.2B
$252M
0
320
640
960
1280
1600
2011 2012 2013 2014 2015 2016
Tota
l Fu
nd
ing
Am
ou
nt
(in
Mill
ion
s)
Seed Early Late
Fintech India Report – October 201614
Average Ticket Size – Early Stage
$0.2M $0.3M $0.2M$0.6M
$1.0M $0.8M
$4.2M
$3.2M $3.2M $3.3M
$5.4M
$4.2M
$6.2M $6.5M
$9.3M
$11.7M
$12.4M
$15.4M
0.0
3.6
7.2
10.8
14.4
18.0
2011 2012 2013 2014 2015 2016
Fun
din
g A
mo
un
t (i
n M
illio
ns)
Seed Series A Series B
Fintech India Report – October 201615
Top investments in last one year
CompanyFunding Amount
Round Name
Date Investors
incred.comInCred
(Mumbai, 2016)$74M PE Aug-2016 IDFC, Alpha Capital
paytm.comPaytm
(Noida, 2010)$60M Series F Aug-2016 MediaTek
mobikwik.comMobiKwik
(Gurgaon, 2009)$50M Series C May-2016 MediaTek, Sequoia Capital, Tree Line Investment Management, GMO Venture Partners
paytm.comPaytm
(Noida, 2010)$45M Debt Mar-2016 ICICI Bank
mobikwik.comMobiKwik
(Gurgaon, 2009)$40M Series C Aug-2016 NET1
finopaytech.comFINO PayTech
(Mumbai, 2006)$38M PE Jul-2016 Bharat Petroleum
neogrowth.inNeoGrowth
(Mumbai, 2010)$35M Series D Jul-2016
Omidyar Network, Khosla Impact, India Infoline Asset Management, AspadaInvestments
capitalfloat.comCapital Float
(Bangalore, 2013)$25M Series B Apr-2016 Creation Investments, SAIF Partners, Sequoia Capital, Aspada Investments
Fintech India Report – October 201616
Top investments in last one year
CompanyFunding Amount
Round Name
Date Investors
citruspay.comCitrus Pay
(Mumbai, 2011)$25M Series C Oct-2015 Ascent Capital, Sequoia Capital, Econtext Asia, Beenos
lendingkart.comLendingkart
(Ahmedabad, 2014)$20M Series B Jun-2016 Bertelsmann India Investments, Mayfield, Saama Capital, India Quotient
deal4loans.comDeal4loans
(Delhi, 2007)$15M Series A Jul-2016 Franklin Templeton Investments
transerv.co.inTranserv
(Mumbai, 2011)$15M Series C Apr-2016 Nirvana Ventures Advisors, Faering Capital, Micromax Informatics, IDFC Mutual Fund
cleartax.inCleartax
(Delhi, 2010)$12M Series A Jun-2016 SAIF Partners
lendingkart.comLendingkart
(Ahmedabad, 2014)$12M Debt Jun-2016 Bertelsmann India Investments, Mayfield, India Quotient, Saama Capital
qwikcilver.comQwikCilver
(Bangalore, 2008)$10M Series B Jul-2016 Sistema, Amazon India, Accel Partners, Helion Venture Partners
razorpay.comRazorpay
(Bangalore, 2014)$9M Series A Oct-2015 Tiger Global Management, Matrix Partners India
Fintech India Report – October 201617
Funnel view of Sector
Percent of Previous
18%
47%
38%
38
25
41
107
230
1268
0 280 560 840 1120 1400
M&A & IPO
Late
Series B
Series A
Funded
Founded
Number of Companies
Fintech India Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Consumer Fintech Evolution
Interesting Companies
Useful Links
Company List
Team
18
Fintech India Report – October 201619
Most Active Investors in Sector
32
16
109 9
87
6 65
0
7
14
21
28
35
SequoiaCapital
AccelPartners
BlumeVentures
IntelCapital
SAIFPartners
Matrix PartnersIndia
IDGCapital Partners
AspadaInvestments
Kae Capital IndiaQuotient
Tota
l Nu
mb
er o
f R
ou
nd
s
MobiKwik Qwikcilver Chillr FINO PayTech ItzCash Fintellix NeoGrowth FortunePay Lendingkart
FreeCharge Coverfox Unocoin Policybazaar
Paytm
MswipeAgile FinancialTechnologies Capital Float Qubecell MomoeCapital Float
Fintech India Report – October 201620
Where are Top Investors investing
Fintech India Report – October 201621
Top Investor by Stage of Entry
Fintech India Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Consumer Fintech Evolution
Interesting Companies
Useful Links
Company List
Team
22
Fintech India Report – October 201623
Acquisitions in 2016
Date Company Acquirer Deal Size OverviewTotal
Funding
Sep-2016 citruspay.comCitrus Pay
(Mumbai, 2011)payu.com $130M
Payment gateway and mobile walletSequoia Capital, 91springboard, Ascent Capital, Beenos, EcontextAsia, Beenext
$32.5M
Aug-2016 sesameindia.com
Sesame Software Solutions
(Kozhikode, 1993)
speridian.com UndisclosedCore banking solutions company
Unfunded
Jul-2016 momoe.inMomoe
(Bangalore, 2014)shopclues.com Undisclosed
Mobile wallet for payments at offline storesJungle Ventures, IDG Capital Partners, India Quotient
$1.2M
Apr-2016 phonepe.comPhonePe
(Bangalore, 2015)flipkart.com Undisclosed
UPI based payment appUnfunded
Apr-2016 instapaisa.comInstaPaisa
(Delhi, 2015)incred.com Undisclosed
B2C marketplace for personal loansUnfunded
Mar-2016 qarth.inQarth
(Chennai, 2012)olacabs.com Undisclosed
Interbank mobile payment service on mobileUnfunded
Mar-2016 ruplee.comRuplee
(Gurgaon, 2014)paylo.in Undisclosed
Mobile app to make payments at restaurantsUnfunded
Feb-2016 emvantage.comEmvantage
(Delhi, 2012)amazon.com Undisclosed
Online payment gateway solutionUnfunded
Fintech India Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Consumer Fintech Evolution
Interesting Companies
Useful Links
Company List
Team
24
Fintech India Report – October 201625
October 2016Tracxn BlueBox : FinTech - India1200+ companies in the sector, 175 funded since 2011, $1.78B invested in 2015/16
25
Fintech India Report – October 201626
Top Business Models by Funding
$1.3B
$360M $345M $311M
$115M$64M $47M $37M $8M $4M
0
280
560
840
1120
1400
MobilePayments
Payments Lending BankingTech
InsuranceTech
Software forInstitutional
Investors
InvestmentTech
ConsumerFinance
EnterpriseFinance
Forex
Tota
l Fu
nd
ing
Am
ou
nt
(in
Mill
ion
s)
# Cos. 169 102 195 106 73 56 243 159 72 13
Avg. Age Feb-13 Jul-09 Nov-13 Jun-09 Nov-11 Jan-10 Sep-11 May-13 Jan-11 Jul-13
PaytmFinancial Software
SystemsBankBazaar FINO PayTech Policybazaar
Eka Software Solutions
FundsIndia Cleartax Chargebee BookMyForex
MobiKwik ItzCash InCredAGS Transact Technologies
Coverfox Heckyl MyUniverse Walnut Niyo Solutions Fxkart
Fintech India Report – October 201627
Payments – Overview
Fintech India Report – October 201628
Mobile Payments – Business Model Description
Fintech India Report – October 201629
Mobile Payments – Entrepreneur Activity and Investment Trend
Fintech India Report – October 201630
Mobile Payments – Most Funded Companies
Fintech India Report – October 201631
Payments – Business Model Description
Fintech India Report – October 201632
Payments – Entrepreneur Activity and Investment Trend
Fintech India Report – October 201633
Payments – Most Funded Companies
Fintech India Report – October 201634
SMB Lending – Overview
Fintech India Report – October 201635
Consumer Lending – Overview
Fintech India Report – October 201636
Lending – Business Model Description
Fintech India Report – October 201637
Lending – Entrepreneur Activity and Investment Trend
Fintech India Report – October 201638
Lending – Most Funded Companies
Fintech India Report – October 201639
Banking Tech – Business Model Description
Fintech India Report – October 201640
Banking Tech – Entrepreneur Activity and Investment Trend
Fintech India Report – October 201641
Banking Tech – Most Funded Companies
Fintech India Report – October 201642
Insurance Tech – Business Model Description
Fintech India Report – October 201643
Insurance Tech – Entrepreneur Activity and Investment Trend
Fintech India Report – October 201644
Insurance Tech – Most Funded Companies
Fintech India Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Consumer Fintech Evolution
Interesting Companies
Useful Links
Company List
Team
45
Fintech India Report – October 201646
Consumer Fintech Evolution
Fintech India Report – October 201647
Consumer Fintech Evolution
Fintech India Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Consumer Fintech Evolution
Interesting Companies
Useful Links
Company List
Team
48
Fintech India Report – October 201649
Interesting Unfunded Companies
Company OverviewBusiness Model
cashe.co.inCASHe
(2016, Mumbai)
Short term personal loan platform Lending > Consumer Loans > Personal Loans > Short Term
CarX(2016, Bangalore)
Mobile app for tracking driving and vehicle analytics Insurance Tech > Data Providers
novoloans.comNovoloans
(2016, Mumbai)
Micro-lending marketplaceLending > Commercial Loans > B2C Marketplace
LegUp(2016, Mumbai)
Financing for career enhancing activitiesLending > Consumer Loans > Student Loans > Career Enhancing Activities
MyBanker(2016, Gurgaon)
AI based Banking assistantBanking Tech > Back-End Solutions > Customer Experience
GetHonestPay(2016, Bangalore)
Healthcare financing options Lending > Consumer Loans > Healthcare
wealthyfox.inWealthyFox
(2016, Mumbai)
Platform for aggregating & comparing financial analytics companies Investment Tech > Public Market Investing > Data Platform > Analytics
ReBase(2016, Bangalore)
Mobile app for payday loans Lending > Consumer Loans > Payday Loans
lastmile.mobiLastmile
(2015, Hyderabad)
Platform for last mile payments managementPayments > Technology
Curated list of companies by the sector analyst are defined as Interesting
Fintech India Report – October 201650
Interesting Unfunded Companies
Fintech India Report – October 201651
Interesting Unfunded Companies
Fintech India Report – October 201652
Interesting Unfunded Companies
Fintech India Report – October 201653
Interesting Seed Companies
Fintech India Report – October 201654
Interesting Seed Companies
Fintech India Report – October 201655
Interesting Seed Companies
Fintech India Report – October 201656
Interesting Seed Companies
Fintech India Report – October 201657
Interesting Series A Companies
Fintech India Report – October 201658
Interesting Series A Companies
Fintech India Report – October 201659
Interesting Series A Companies
Fintech India Report – October 201660
Interesting Series B Companies
Fintech India Report – October 201661
Interesting Series B Companies
Fintech India Report – October 201662
Interesting Late Stage Companies
Fintech India Report – October 201663
Interesting Late Stage Companies
Fintech India Report – October 201664
Interesting Late Stage Companies
Fintech India Report – October 201665
Top Funded Deadpooled Companies
Fintech India Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Consumer Fintech Evolution
Interesting Companies
Useful Links
Company List
Team
66
Fintech India Report – October 201667
Useful Links
Slide Title Content Platform Link
List of All Companies in readable format Companies Link
Niche Upcoming Sectors Entrepreneur Activity Link
Top investments in last one year Investment Trend Link
Major Acquisitions in last one year Exit Outlook - Acquisitions Link
Top Funded Deadpooled Companies Companies Link
Fintech India Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Consumer Fintech Evolution
Interesting Companies
Useful Links
Company List
Team
69
Fintech India Report – October 201670
Fintech India – Company List
Mobile Payments
Payments Lending Banking Tech Insurance TechSoftware for Institutional
Investors
Investment Tech
Consumer Finance
Enterprise Finance
Forex Cryptocurrency Crowdfunding
230 FUNDED COMPANIES AND 1045 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS
Fintech India Report – October 201671
Mobile Payments (1/22)Company Overview Business Model Total Funding
Happi-Pay(2016, Hyderabad)
Online payment solution for local merchants
Fedelis(2015, Gurgaon)
Real time mobile payment system
AppSperts(2011, Mumbai)
Payments solution providers
Mopaso(2014, Mumbai)
Carrier billing and storefront creationDirect Carrier Billing
iPayy(2013, Bangalore)
Micro-payment solution for digital goods using mobile carrier billing.Direct Carrier Billing
Paychamp(2013, Noida)
Mobile payment service charging users through operator billingDirect Carrier Billing
JunoTele(2011, Bangalore)
Real-time Carrier Billing PlatformDirect Carrier Billing
QubeCell(2012, Mumbai)
Mobile Billing AggregatorMumbai Angels, Kae Capital, TA Ventures, Blume Ventures Direct Carrier Billing
Go to BM List >> Payments
Fintech India Report – October 201672
Mobile Payments (2/22)Company Overview Business Model Total Funding
GiftMate(2006, Mumbai)
Mobile money voucher gifting serviceGifting
Chillr(2014, Mumbai)
Smartphone application for P2P money transactionsSequoia Capital, Mobme, Blume Ventures Money Transfer $8M
NumberMall(2012, Hyderabad)
Mobile payments platformSRI Capital Money Transfer $1M
Payio(2016, Hyderabad)
Money transfer appMoney Transfer
Bille(2015, Delhi)
Mobile app for paying bills at restaurantsMoney Transfer
NoKards(2016, Pune)
Money transfer appMoney Transfer
Finmo(2015, Delhi)
Money transfer appMoney Transfer
Click&Pay(2015, Hyderabad)
Card linked mobile payment and money transfer appMoney Transfer
Go to BM List >> Payments
Fintech India Report – October 201673
Mobile Payments (3/22)Company Overview Business Model Total Funding
Alpha Pay(2016, Mumbai)
App for merchant payments and peer-to-peer money transferMoney Transfer
Flashpay(2015, Chennai)
Payment app for online and offline transactionsMoney Transfer
ScrewCash(2015, Delhi)
Mobile payment appMoney Transfer
Shash(2016, Surat)
Mobile payments company in stealth modeMoney Transfer
Eswipe(2013, Kolkata)
Money transfer platformMoney Transfer
Track N Pay(2015, Bangalore)
Mobile invoicing and payment companyMoney Transfer
Payjaldi(2015, Bangalore)
SMS based payment platformMoney Transfer
OTap(2015, Mumbai)
Mobile payments company in stealth modeMoney Transfer
Go to BM List >> Payments
Fintech India Report – October 201674
Mobile Payments (4/22)
Go to BM List >> Payments
Fintech India Report – October 201675
Mobile Payments (5/22)
Go to BM List >> Payments
Fintech India Report – October 201676
Mobile Payments (6/22)
Go to BM List >> Payments
Fintech India Report – October 201677
Mobile Payments (7/22)
Go to BM List >> Payments
Fintech India Report – October 201678
Mobile Payments (8/22)
Go to BM List >> Payments
Fintech India Report – October 201679
Mobile Payments (9/22)
Go to BM List >> Payments
Fintech India Report – October 201680
Mobile Payments (10/22)
Go to BM List >> Payments
Fintech India Report – October 201681
Mobile Payments (11/22)
Go to BM List >> Payments
Fintech India Report – October 201682
Mobile Payments (12/22)
Go to BM List >> Payments
Fintech India Report – October 201683
Mobile Payments (13/22)
Go to BM List >> Payments
Fintech India Report – October 201684
Mobile Payments (14/22)
Go to BM List >> Payments
Fintech India Report – October 201685
Mobile Payments (15/22)
Go to BM List >> Payments
Fintech India Report – October 201686
Mobile Payments (16/22)
Go to BM List >> Payments
Fintech India Report – October 201687
Mobile Payments (17/22)
Go to BM List >> Payments
Fintech India Report – October 201688
Mobile Payments (18/22)
Go to BM List >> Payments
Fintech India Report – October 201689
Mobile Payments (19/22)
Go to BM List >> Payments
Fintech India Report – October 201690
Mobile Payments (20/22)
Go to BM List >> Payments
Fintech India Report – October 201691
Mobile Payments (21/22)
Go to BM List >> Payments
Fintech India Report – October 201692
Mobile Payments (22/22)
Go to BM List >> Payments
Fintech India Report – October 201693
Payments (1/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 201694
Payments (2/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 201695
Payments (3/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 201696
Payments (4/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 201697
Payments (5/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 201698
Payments (6/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 201699
Payments (7/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 2016100
Payments (8/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 2016101
Payments (9/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 2016102
Payments (10/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 2016103
Payments (11/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 2016104
Payments (12/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 2016105
Payments (13/13)
Mobile Payments << Go to BM List >> Lending
Fintech India Report – October 2016106
Lending (1/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016107
Lending (2/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016108
Lending (3/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016109
Lending (4/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016110
Lending (5/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016111
Lending (6/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016112
Lending (7/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016113
Lending (8/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016114
Lending (9/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016115
Lending (10/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016116
Lending (11/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016117
Lending (12/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016118
Lending (13/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016119
Lending (14/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016120
Lending (15/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016121
Lending (16/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016122
Lending (17/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016123
Lending (18/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016124
Lending (19/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016125
Lending (20/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016126
Lending (21/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016127
Lending (22/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016128
Lending (23/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016129
Lending (24/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016130
Lending (25/25)
Payments << Go to BM List >> Banking Tech
Fintech India Report – October 2016131
Banking Tech (1/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016132
Banking Tech (2/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016133
Banking Tech (3/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016134
Banking Tech (4/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016135
Banking Tech (5/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016136
Banking Tech (6/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016137
Banking Tech (7/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016138
Banking Tech (8/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016139
Banking Tech (9/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016140
Banking Tech (10/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016141
Banking Tech (11/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016142
Banking Tech (12/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016143
Banking Tech (13/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016144
Banking Tech (14/14)
Lending << Go to BM List >> Insurance Tech
Fintech India Report – October 2016145
Insurance Tech (1/10)
Banking Tech << Go to BM List >>
Software for
Institutional
Investors
Fintech India Report – October 2016146
Insurance Tech (2/10)
Banking Tech << Go to BM List >>
Software for
Institutional
Investors
Fintech India Report – October 2016147
Insurance Tech (3/10)
Banking Tech << Go to BM List >>
Software for
Institutional
Investors
Fintech India Report – October 2016148
Insurance Tech (4/10)
Banking Tech << Go to BM List >>
Software for
Institutional
Investors
Fintech India Report – October 2016149
Insurance Tech (5/10)
Banking Tech << Go to BM List >>
Software for
Institutional
Investors
Fintech India Report – October 2016150
Insurance Tech (6/10)
Banking Tech << Go to BM List >>
Software for
Institutional
Investors
Fintech India Report – October 2016151
Insurance Tech (7/10)
Banking Tech << Go to BM List >>
Software for
Institutional
Investors
Fintech India Report – October 2016152
Insurance Tech (8/10)
Banking Tech << Go to BM List >>
Software for
Institutional
Investors
Fintech India Report – October 2016153
Insurance Tech (9/10)
Banking Tech << Go to BM List >>
Software for
Institutional
Investors
Fintech India Report – October 2016154
Insurance Tech (10/10)
Banking Tech << Go to BM List >>
Software for
Institutional
Investors
Fintech India Report – October 2016155
Software for Institutional Investors (1/7)
Insurance Tech << Go to BM List >> Investment Tech
Fintech India Report – October 2016156
Software for Institutional Investors (2/7)
Insurance Tech << Go to BM List >> Investment Tech
Fintech India Report – October 2016157
Software for Institutional Investors (3/7)
Insurance Tech << Go to BM List >> Investment Tech
Fintech India Report – October 2016158
Software for Institutional Investors (4/7)
Insurance Tech << Go to BM List >> Investment Tech
Fintech India Report – October 2016159
Software for Institutional Investors (5/7)
Insurance Tech << Go to BM List >> Investment Tech
Fintech India Report – October 2016160
Software for Institutional Investors (6/7)
Insurance Tech << Go to BM List >> Investment Tech
Fintech India Report – October 2016161
Software for Institutional Investors (7/7)
Insurance Tech << Go to BM List >> Investment Tech
Fintech India Report – October 2016162
Investment Tech (1/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016163
Investment Tech (2/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016164
Investment Tech (3/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016165
Investment Tech (4/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016166
Investment Tech (5/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016167
Investment Tech (6/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016168
Investment Tech (7/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016169
Investment Tech (8/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016170
Investment Tech (9/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016171
Investment Tech (10/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016172
Investment Tech (11/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016173
Investment Tech (12/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016174
Investment Tech (13/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016175
Investment Tech (14/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016176
Investment Tech (15/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016177
Investment Tech (16/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016178
Investment Tech (17/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016179
Investment Tech (18/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016180
Investment Tech (19/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016181
Investment Tech (20/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016182
Investment Tech (21/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016183
Investment Tech (22/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016184
Investment Tech (23/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016185
Investment Tech (24/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016186
Investment Tech (25/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016187
Investment Tech (26/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016188
Investment Tech (27/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016189
Investment Tech (28/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016190
Investment Tech (29/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016191
Investment Tech (30/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016192
Investment Tech (31/31)
Software for
Institutional
Investors
<< Go to BM List >> Consumer Finance
Fintech India Report – October 2016193
Consumer Finance (1/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016194
Consumer Finance (2/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016195
Consumer Finance (3/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016196
Consumer Finance (4/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016197
Consumer Finance (5/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016198
Consumer Finance (6/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016199
Consumer Finance (7/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016200
Consumer Finance (8/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016201
Consumer Finance (9/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016202
Consumer Finance (10/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016203
Consumer Finance (11/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016204
Consumer Finance (12/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016205
Consumer Finance (13/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016206
Consumer Finance (14/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016207
Consumer Finance (15/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016208
Consumer Finance (16/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016209
Consumer Finance (17/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016210
Consumer Finance (18/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016211
Consumer Finance (19/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016212
Consumer Finance (20/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016213
Consumer Finance (21/21)
Investment Tech << Go to BM List >> Enterprise Finance
Fintech India Report – October 2016214
Enterprise Finance (1/9)
Consumer
Finance<< Go to BM List >> Forex
Fintech India Report – October 2016215
Enterprise Finance (2/9)
Consumer
Finance<< Go to BM List >> Forex
Fintech India Report – October 2016216
Enterprise Finance (3/9)
Consumer
Finance<< Go to BM List >> Forex
Fintech India Report – October 2016217
Enterprise Finance (4/9)
Consumer
Finance<< Go to BM List >> Forex
Fintech India Report – October 2016218
Enterprise Finance (5/9)
Consumer
Finance<< Go to BM List >> Forex
Fintech India Report – October 2016219
Enterprise Finance (6/9)
Consumer
Finance<< Go to BM List >> Forex
Fintech India Report – October 2016220
Enterprise Finance (7/9)
Consumer
Finance<< Go to BM List >> Forex
Fintech India Report – October 2016221
Enterprise Finance (8/9)
Consumer
Finance<< Go to BM List >> Forex
Fintech India Report – October 2016222
Enterprise Finance (9/9)
Consumer
Finance<< Go to BM List >> Forex
Fintech India Report – October 2016223
Forex (1/2)
Enterprise
Finance<< Go to BM List >> Cryptocurrency
Fintech India Report – October 2016224
Forex (2/2)
Enterprise
Finance<< Go to BM List >> Cryptocurrency
Fintech India Report – October 2016225
Cryptocurrency (1/3)
Forex << Go to BM List >> Crowdfunding
Fintech India Report – October 2016226
Cryptocurrency (2/3)
Forex << Go to BM List >> Crowdfunding
Fintech India Report – October 2016227
Cryptocurrency (3/3)
Forex << Go to BM List >> Crowdfunding
Fintech India Report – October 2016228
Crowdfunding (1/8)
Cryptocurrency << Go to BM List >> Miscellaneous
Fintech India Report – October 2016229
Crowdfunding (2/8)
Cryptocurrency << Go to BM List >> Miscellaneous
Fintech India Report – October 2016230
Crowdfunding (3/8)
Cryptocurrency << Go to BM List >> Miscellaneous
Fintech India Report – October 2016231
Crowdfunding (4/8)
Cryptocurrency << Go to BM List >> Miscellaneous
Fintech India Report – October 2016232
Crowdfunding (5/8)
Cryptocurrency << Go to BM List >> Miscellaneous
Fintech India Report – October 2016233
Crowdfunding (6/8)
Cryptocurrency << Go to BM List >> Miscellaneous
Fintech India Report – October 2016234
Crowdfunding (7/8)
Cryptocurrency << Go to BM List >> Miscellaneous
Fintech India Report – October 2016235
Crowdfunding (8/8)
Cryptocurrency << Go to BM List >> Miscellaneous
Fintech India Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Consumer Fintech Evolution
Interesting Companies
Useful Links
Company List
Team
236
Fintech India Report – October 2016237
Team
237
Prasanna Munot,
Analyst, Fintech India
