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Navi acquired consulting firm MavenHive in 2019, in order to boost product development. [7] The company operates from an office in Bengaluru’s Ibbaluru, Bellandur area. [4] [8] In August 2023, it was announced Navi Group had sold Chaitanya Microfinance to the Mumbai-headquartered microfinance company, Svatantra Microfin for $178.5 million.[30]
Mumbai Fintech Hub was founded in 2018 as an initiative to promote fintech startups by the Government of Maharashtra. [1] The accelerator programme was inaugurated by CM Devendra Fadnavis . [ 5 ]
In 2021, LenDenClub was chosen to participate in the Microsoft for Startups program and its co-founders Bhavin Patel and Dipesh Karki were featured in the Businessworld's BW Disrupt 40 Under 40 list. LenDenClub works with fintech companies such as BharatPe , [ 9 ] PhonePe , Google Pay , [ 10 ] and announced its collaboration with Samir Kochhar ...
IDfy was founded in 2011 in Mumbai by Ashok Hariharan [5] [6] [7] and Vineet Jawa. [8] Before this venture, Ashok Hariharan worked at British Telecom, while Vineet Jawa was a co-founder of the fintech firm CredRight. [3] In 2012, IDfy raised seed funding from Blume Ventures.
The company was founded in 1988 by Jignesh Shah and is headquartered in Mumbai, India. [9] [10] It offers technology-based intellectual property to create and trade on financial markets. [11] It had its first IPO in 1995. The company introduced its first commodity derivatives trading platform, the Multi Commodity Exchange (MCX) in 2003. [12]
The number of newly founded startups has increased from 733 in 2016–17 to over 14000 in 2021–22, making India the third largest startup ecosystem in the world after the US and China. [3] Among them, around 6600 startups have been in the FinTech industry, evaluating a market value of US$31 billion in 2021. [4]
Main article: Information technology in India TCS Office at SIPCOT, Siruseri Cyber Gateway Madhapur Hyderabad near Raheja Mindspace TCS at Voltas House, Jamshedpur Wipro headquarters at Sarjapura Road, Electronic City, Bengaluru This is a list of notable companies in the information technology sector based in India. Top Indian companies are listed in descending order of their market ...
Zeta is a banking software company that was founded by Bhavin Turakhia and Ramki Gaddipati in 2015. The company provides credit and debit card issuer processing, BNPL, core banking and "mobile experiences". [3]