Fintech Startups in Gurugram

Operating as part of the PolicyBazaar Group, Paisabazaar has emerged as India's largest digital marketplace for lending products and credit score services. The platform partners with 50+ banks and NBFCs, offering personal loans, credit cards, home loans, and free credit score checks. They've facilitated disbursals worth ₹35,000 crore and have helped over 27 million customers access their credit scores.

AI-powered credit underwriting platform that helps lenders make better credit decisions through advanced analytics and machine learning. The company processes vast amounts of structured and unstructured data to provide credit insights, helping financial institutions reduce NPAs and improve lending efficiency. Their solutions are used by banks, NBFCs, and fintech companies for both consumer and business lending decisions.

An RBI-approved TReDS (Trade Receivables Discounting System) platform that facilitates financing of trade receivables of MSMEs from corporate buyers through multiple financiers. The platform enables competitive financing rates through a transparent bidding process, helping MSMEs address working capital challenges. M1xchange has processed over ₹30,000 crore worth of invoices and serves numerous corporate buyers and MSME vendors.

India's first online marketplace for foreign exchange and international money transfers, established to digitize the forex dealing process. The platform connects customers directly with banks and authorized money changers, offering real-time forex rates, international money transfers, forex cards, and currency exchange. The company processes transactions worth over $500 million annually and has served more than 2 million customers across 650+ cities in India.

The backbone of India's economy are small business owners. That's a group which in the past has largely been ignored by tradition banking. Enter Chqbook, the neobank with a tongue that speaks to your local shop and small entrepreneurs. Mobile-first has, in their hands, restyled banking for 63 million small business owners here, providing everything from opening digital current accounts to fast loans. With 100 per cent YoY growth along with over 70,000 current accounts, they're showing this banking can be both personal and digital.

In the world of debt recovery, Credgenics brought sensitivity to seeking efficiency. Founded by IIT Delhi alumni, they have transformed an otherwise extremely adversarial process of settling debt into a collaborative way of doing things. Through their platform AI manages over $47 billion in debt that enables more than 100 financial institutions to recover greater debt amounts by up to 20%. Their real innovation is not in technology. It is psychotechnology, where both sides win.

Super-app, to INDMoney, is a mission-critical platform-ever since it launched in 2019; it has built a financial command center that Indians can track, save, and grow their wealth across different assets. From mutual funds to United States stocks, insurance to expense tracking, this platform has made the convoluted world of personal finance simple: INDMoney. Their AI-powered platform does not only show users where their money is; it shows them where it could be, reaching over 7 million on their journey to financial independence.

Every small business has a story, and Aye Finance has mastered the art of listening to these stories. Since 2014, they have redefined micro-enterprise lending by combining the warmth of traditional lending with the efficiency of modern technology. Their distinctive "cluster-based credit assessment" approach has enabled them to lend over 196,000 grassroots businesses with $410 million in loans. But more than the numbers, I believe Aye's real pride is the potential that they see when others would describe it as a risk.

Hailing from the OfBusiness DNA but forging its own unique territory, Oxyzo is the next generation of SME financing. While others see numbers, Oxyzo sees stories-around ambitious businesses, about growth plans, and dreams waiting to be funded. A very technology-first approach has made building a ₹5,578 crore loan book possible but of real pride is the number of SMEs they have facilitated scaling. Their innovative model-based lending on cash flow-not just loans but strategic allies in growth journeys.

Imagine turning a lease into an investment opportunity.. As Grip did, transforming Indian investment in real assets:. Beyond traditional stocks and mutual funds, they have pioneered a new asset class where every day investors can participate in equipment leasing and inventory financing. With returns ranging from 8-21% annually and minimum investments of just ₹10,000, Grip isn't just democratizing investment - they're reimagining it. Their platform has facilitated over ₹500 crores in investments, proving that financial innovation doesn't always need to be complex to be revolutionary.

It's in the heart of India where financial services usually mean long queues at the bank. True Balance brought the bank to people's phones. Since 2014, their ride has not only been about digital transactions but a journey of digital transformation. It started with simple recharge across mobile phone bill payments and has grown into an all-inclusive financial services platform that talks the language of Bharat. With over 75 million users primarily in tier 2 and 3 cities, they are proving that financial inclusion is not just access but also understanding and serving the underserved.

From an investment of ₹2,25,000 to becoming a billion-dollar fintech behemoth, MobiKwik is the quintessential Indian startup story. From being a mobile recharge company in 2009 to a financial powerhouse serving 156 million users today, this is but half the story that numbers tell. The real revolution, though, was how MobiKwik democratized financial services for India's middle class, making users of smartphones smart investors and eventually habits of payment at 4.1 million merchant touchpoints. Magic formula? The perfect mix of technology with the judicious amount of trust topped with an unwavering focus on customers' needs.

"Insurance is complicated. We make it simple." Ever since 2008, when it began as a mere comparison portal, this has been the philosophy of PolicyBazaar, today India's largest insurtech platform. At a time when one life insurance policy out of four and one health insurance policy out of fourteen in India gets issued through PolicyBazaar, the company did not just build a marketplace but ignited a revolution in the way Indians perceive and buy insurance. With over 40 insurance partners and a customer base of 9 million+, PolicyBazaar has normalized transparency in an industry once synonymous with fine print and complexity.