BANGALORE
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Bangalore
CLICK TO WATCH : Top 10 Fintech Companies of India ICFAI Business School , Bangalore Official
BANGALORE
VC : US $ 17BN FUNDING FROM 2019-2021
BNPL USERS : 2024 - 22 % OF CONSUMERS IN INDIA BOUGHT GOODS USING BNPL SERVICES
KEY COMPANIES : RAZORPAY , PAYTM , GROWW
TOP 10
, often referred to as the Silicon Valley of India , serves as the epicentre for fintech startups in the country . In 2022 , the city recorded 89 fintech startup deals , surpassing major Indian cities like Delhi and Mumbai in both deal count and funds raised . It is recognised as the most concentrated area for high-growth tech startups in India and ranks among the top in Southeast Asia . Notably , 14 companies from Bangalore appeared on the Financial Times ’ list of High Growth Companies in the Asia-Pacific region . The city is also a magnet for foreign direct investment ( FDI ), securing US $ 17bn in funding for startups from October 2019 to December 2021 alone . fintechmagazine . com 37