Fintech Companies In Indian Market
During and after the Covid pandemic lockdowns, the financial institutions have changed the way they operated. While traditional banks have updated their services to suit the current change many Fintech companies have registered rapid growth by their already existing convenience of operations. Fintech companies cover a wide variety of sectors and services and have become a crucial part of the financial structure.
Here we have listed down top fintech companies in India with details such as their founders and their net worth.
Razorpay Total Net worth $ 3Billion
Harshil and Shashank founded Razorpay in 2014 after discovering that conventional payment gateways were difficult to integrate. Razorpay originated as a payment gateway solution that enabled businesses to accept payments online and has now evolved into a complete financial toolkit.
Cash Free Total Net worth $200 Million
Cashfree began was initially designed to be a payment gateway in 2015, but the founders Akash Sinha and Reeju Datta viewed the traditional banking bulk transaction solutions as unmanageable and started working on developing Payouts in 2016.
Paytm Total Net worth $16 Billion
Paytm was founded in 2010 by Vijay Shekar Sharma as a utility payment service for DTH, electricity, and internet payments. Paytm moved on to develop a varied financial products suite that is one of the most reliable in the market today.
Bharatpe Total Net worth – $2.85 Billion
Ashneer Grover and Shashvat Nakrani founded BharatPe in 2018 with the goal of assisting Indian businesses in growing their companies and adopting cashless transactions over their digital platform.
Cred Total Net worth $2.13 Billion
Kunal Shah founded Cred in 2018, marketing it as a portal for high credit-worthy people to organize their credit bills and get bonuses for paying bills. It is currently a very popular platform for credit card bill payments.
Digit Total Net worth $3.5 Billion
Kamesh Goyal started Digit Insurance in 2016. Digit’s digital-first strategy promises to streamline the insurance purchasing and claim procedure. With over 17 million happy customers it has become a major insurance company in India.
Plumhq Total Net worth $85.4 Million
PlumHQ was formed in November 2019 by serial entrepreneurs Abhishek Poddar and Saurabh Arora with the goal of developing insurance solutions for small and medium-sized businesses (SMBs) that could not pay high premiums.
Zerodha Total Net worth $2 Billion
Zerodha, founded in 2010 by Nithin Kamath and Nikhil Kamath, is the leader in the brokerage firm philosophy and the largest stockbroker in India in terms of registered retail customers. Zerodha has more than 6 million active clients and accounts for more than 19% of total retail trading activity in India.
Groww Total Net worth $1 Billion
Groww was founded in 2017 by Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh. I was initiated as a solution that provides a direct mutual fund trading platform. By 2020 it had started conducting stock trading on its platform as well.
Smallcase Total Net worth $102 Million
Smallcase was created in 2015 by Vasanth Kamath, Anugrah Shrivastava, and Rohan Gupta. Smallcase enables consumers to participate in a portfolio of equities that follow a concept or approach devised by professionals.
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