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Top 10 Fintech Investors in India in 2024

By Viestories
New Update
Top 10 Fintech Investors in India
Top 10 Fintech Investors in India

India’s fintech industry has drawn large investment attention in the quickly changing banking and finance landscape, spurring entrepreneurship and changing the way traditional banking and financial services are provided. An array of allied investors have risen as of last year in 2023, encouraging employment and expanding the business ahead. These ten leading investors exhibit a strong eye for sporting promising forms and disruptive innovation that redefine how transactions, payments, loans and wealth administration operate.

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These investors play a critical role in determining the course of India’s fintech environment, feeling both its expansion and boosting its level of global attractiveness through strategic alliances and fund infusions. The identities of these powerful financiers are considered in this blog, along with information on their financial backgrounds and their roles in India’s financial technology transformation.

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Most Popular Fintech Investors in India in 2024

Here is the list of the Top Fintech Investors in India in 2024

1. Accel

Top 10 Fintech Investors in India | Accel
Top 10 Fintech Investors in India | Accel

One of the first outside investors to recognise the potential in the Indian startup landscape was Accel, a US-based company. In 2005 after gaining control of the USD 10 million initial stage fund known as the Erasmic Venture Fund, entrepreneurs began investing in India. The fund was later renamed Accel India. Since entering India, it has launched a total of 7 resources that have made investments in a variety of industries, including fintech.

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It was the initial investor in several fintech businesses, including Drip Capital, Samunnati and Nimble. The portfolio of businesses owned by Accel in India has marked a total worth of over USD 100 billion in 2017. As well as in addition to fintech, the venture capital company has supported notable businesses that were already in India like Flipkart, Upgrade, and Jugnu amongst others.

2. Better Capital

Top 10 Fintech Investors in India | Better Capital
Top 10 Fintech Investors in India | Better Capital

Better capital, which was established by Vaibhav Domkundwar in 2016, invests in the beginning software firms that, in the opinion of the investment company, are concentrated on resolving significant issues. Since its founding, better capital has made investments in more than 200 Indian businesses, with a collective worth of more than $ 7 billion. The company lists companies like Zepto and Darwinbox in its portfolio and claims to have a 700-person investment base.

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The venture capital investor has established himself as one of the most active supporters of Indian fintech businesses. By injecting cash into the fintech startup Khatabox in 2017, It began its investment adventure. Since then, it has added some of the greatest fintech names in the nation to its portfolios.

3. Let’s Venture

Top 10 Fintech Investors in India | Let’s Venture
Top 10 Fintech Investors in India | Let’s Venture

Mohan and Sanjay Jha founded the Angel network Let's Venture in 2013, and it primarily focuses on the initial stage organisations with potential. With a base of 19,530 investors, the system claimed to have completed 950 investments in total, and its portfolio is worth more than USD 11 billion.

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This investing channel is independent of industry. CRED received the venture capital firm's initial significant investment in 2015. After investing money in nascent fintech companies like BharatX, Legal Pay and others, it then increased its fintech investments.

4. Omidyar Network

Top 10 Fintech Investors in India | Omidyar Network
Top 10 Fintech Investors in India | Omidyar Network

The fund, an Indian affiliate of the international impact investing company Omidyar Network, has primarily staked its money in early-stage entrepreneurs there. According to sources, the fund has so far invested more than USD 500 million in startups in India, among them, companies like Byju’s and Ninjacart are included.

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Omidyar Network is India’s first significant investment in the syntax phase was made in a then relatively unknown business called CRED in 2016. It has additionally made investments in well-known fintech companies like Groww, Pine Labs, Indifi and others.

5. Orios Venture Partners

Top 10 Fintech Investors in India | Orios Venture Partners
Top 10 Fintech Investors in India | Orios Venture Partners

Indian venture Finance Company Orios venture partners were established in 2013. The venture capital firm, which was founded by Alok Mittal and Rakesh Malhotra, focuses on Industries like fintech, care and consumer internet etc. Many of the venture capital firms' prior bets have done well, especially those in the fintech industry with an estimated capital of almost USD 250 million.

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Fintech behemoths like BharatPe and Policybazaar were successfully sold off by Orio's venture partners which held a stake in them. It presently invests out of its third firm,  which it will launch in 2021 and has companies like City cash in its holdings.

6. Prime Venture Capital

Top 10 Fintech Investors in India | Prime Venture Capital
Top 10 Fintech Investors in India | Prime Venture Capital

Amit Somani, Bala Parthasarathy, and Shripati Acharya founded Bangalore-based prime venture group in 2011. The early-stage investor is well known for supporting Indian financial businesses that are aiming for global success. The venture capital operation has 44 startups in its holdings with average ticket sizes between $500 K and $ 3 million.

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In the past, prime venture partners have distinguished themselves from their competitors, particularly for certain high-profile fintech exits, such as Recko, Happay and Ezetap, among more. Although the business is now making investments from its fourth fund, it has already made numerous major investments in the fintech sector, including deals with companies like OTOCapital, Niyo and Freo. 

7. Stride Ventures

Top 10 Fintech Investors in India | Stride Ventures
Top 10 Fintech Investors in India | Stride Ventures

Stride Ventures is a Startup debt fund established in New Delhi that provides new-age digital businesses with comprehensive financing solutions and mentorship. It was launched by Preet Gandhi in 2019. The fund, run by former bankers, claims to have so far raised USD 314.1 million in capital.

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It also says to have made investments in 100 businesses so far in 15 different industries like fintech, d2c and EV etc. It has so far invested money in a variety of  It has so far invested money in a variety of Fintech startups such as Castle, periods, Spinny etc are just a few of the Fintech companies in its collections.

8. Tiger Global

Top 10 Fintech Investors in India | Tiger Global
Top 10 Fintech Investors in India | Tiger Global

Tiger Global has established itself as one of the largest and most prominent fintech investments in the Indian startup industry since the crossover fund first entered the country in the year 2007. Tiger Global, which is essentially stage neutral, focuses on the organisation in the series through pre-IPO stages.

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It has so far supported significant participants in the Indian fintech industry, including phone pe and Bharat pe. The investing company took part in Phonepe’s USD 100 million funding round earlier this year.

9. Titan Capital

Top 10 Fintech Investors in India | Titan Capital
Top 10 Fintech Investors in India | Titan Capital

The co-founders of Snapdeal, Kunal Bahl and Rohit Bansal, founded Titan Capital in 2019. So far, it has attracted more than USD 10 billion from more than 100 institutional investors. More than 200 businesses from a variety of industries including d2c, SaaS and fintech are represented in its holdings.

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Titan Capital has so far made investments in 26 businesses like Jupiter, stable money, and khata book are among those that fall under this category.

10. Venture Catalysts

Top 10 Fintech Investors in India | Venture Catalysts
Top 10 Fintech Investors in India | Venture Catalysts

Dr Aproova Ranjan Sharma, Anil Jain and Gaurav Jain formed venture catalysts in 2015. Since its creation, the venture capital business has backed 200 firms, among them Zepto and Darwinbox. It made its initial investment in the Indian fintech market in 2016 when it took part in a photobook $2 million funding round. Names like BharatPe, Junio, home capital, and vested finance are just a few of its many significant investments in the Indian fintech industry.

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One of the most outstanding prominent young stage entrepreneurs in the nation, Venture Catalyst has over 100 minicorns and over 33 Soonicorns in its collections. According to the business, 54 startups have made a profit of more than USD 15 million in the valuation of this year.

Conclusion

The top 10 investors, who have shown an excellent knowledge of the sector's potential, have significantly altered the fintech scene in India. These investors have sparked innovation, advanced the evolution of technology, and enabled greater financial inclusion through smart investments and partnerships. The contribution of these significant actors will have a lasting effect as India moves forward on its part to becoming a global fintech hub, fostering an atmosphere favorable for further growth, disruption, and constructive shift in the area of financial technology.

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This was our selection of the Top 10 Fintech Investors in India in 2024. We hope this is useful to you. The order of this list is random.

Frequently asked questions (FAQs)

What is meant by fintech?
The word fintech stands for financial technology or refers to the organisation using new technology to compete with conventional financial methods in the delivery of financial services.
Name the Top Fintech investors in India?
The top fintech investors in India include Titan Capital, venture capital, let’s Venture, Accel, etc.
Which are the Top 10 Fintech Investors in India in 2024?
Accel, Better Capital, Let’s Venture, Omidyar Network, Orios Venture Partners, Venture Capital, Stride Ventures, Tiger Global, Titan Capital, and Venture Catalysts are the Top 10 Fintech Investors in India in 2024.
Read the Next Article

Top 14 Indian Paint Brands in 2024

The paint sector in India has undergone remarkable expansion and evolution, making a substantial impact on the country's infrastructure advancement, interior design preferences, and overall visual allure. Undoubtedly, the leading paint brands in the nation have been pivotal in this achievement. With the domestic paint industry carrying a valuation of Rs. 50,000 crores, it's noteworthy that decorative paints encompass a significant 75% share of this market.

By Viestories
New Update

Top 14 Indian Paint Brands in 2024

India's infrastructure sector is expanding rapidly. With new buildings being constructed rapidly. However, no infrastructures is incomplete without proper paint. Paint not only enhances the aesthetic appeal of a building but also provides visual satisfaction.

The Indian paint industry is valued at approximately 50,000 crore rupees and is considered one of the fastest-growing industries in Asia. It provides a wide range of  products such as distemper, oil paint, acrylic paint, plastic paint, latex paint, emulsions, and more. In India there are lots of paint industries. In this article we will see some of the best paint companies in india.

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14 Best Indian Paint Brands in 2024

Here is the list of the top Indian paint brands:

1. Asian Paints

Founded in 1942, Asian Paints stands as India's foremost paint enterprise and ranks as Asia's third-largest in the industry.
Top 10 Indian Paint Brands | Asian Paints

In India's paint industry, Asian Paints is the biggest company in the country and the third-largest in Asia. It was Founded in 1942 by four friends - Chimanlal Choksi, Champaklal Choksi, Suryakant Dani, and Arvind Vakil. Its headquarters is situated in Mumbai, India.

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It is one of the top leading companies in paint brands with a revenue of Rs.34,488 crores, it is the top paint company in India. It specialises in producing a wide range of paints, for both decorative and industrial purposes. Additionally, as the parent company of Berger International, its has extended its presence globally.

Their services are available in more than 19 countries, Asian Paints has made remarkable progress in revolutionising the paint industry and is widely regarded as the best paint brand in India. Committed to excellence, the company has founded the Asian Paint Colour Academy, which provides comprehensive training programs for paint applicators, ensuring their skills align with the company's high standards.

What distinguishes Asian Paints is its dedication to innovation and customer-focused solutions. By launching creative Initiatives such as Colour Worlds, Home Solutions, ColourNext, and Kid's World, the company seeks to transform homes and spaces worldwide, providing customers with unique and immersive experiences.

2. Indigo Paints

Founded in 2000, Indigo Paints had a modest inception. Exterior Emulsions, Interior Emulsions, Distempers, and Primers are the products of the company.
Top 10 Indian Paint Brands | Indigo Paints

Indigo Paints  was founded in 2000. In the starting days they produce low-cost cement paints. Over time, it expanded its product range to include various types of water-based paints, like Exterior Emulsions, Interior Emulsions, Distempers, Primers, and more.

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Indigo Paints was established in March  2000 and now it is in the top ten paint companies. Headquartered in Pune, the company provides a wide range of products including Interior emulsions, exterior emulsions, enamels, putties, primers, and more.

Currently, indigo Paints is regarded as one of the strongest competitors in the Indian paint market. It has built a reputation as an inventive paint manufacturer, consistently introducing new and unique products not before available in the country.

3. Kansai Nerolac Paints

Kansai Nerolac Paints, the premier paint brand in India, was founded in 1920 and operates from Mumbai, Maharashtra.
Top 10 Indian Paint Brands | Kansai Nerolac Paints

Mumbai-based Kansai Nerolac Paint Ltd founded  in 1920. The company provides a range of products such as Decorative paints, coatings, industrial (re)finishing products, basic and industrial chemicals, and many more. It creates and supplies paint systems for various sectors including cycle, material handling, bus bodies, electrical components, containers, and finishing lines.

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In 1986, GNPL signed a TAA in Osaka with Kansai Paints Co. Ltd. of Japan to produce Cathodic Electrodeposition Primer and other advanced coatings for automotive products. GNPL was the first company in India to adopt this technology.

4. Dulux Paints

Dulux stands as India's foremost paint brand, recognized for its pioneering presence since its establishment in 1931.
Top 10 Indian Paint Brands | Dulux Paints

Dulux stands as India's foremost paint brand, recognized for its pioneering presence since its establishment in 1931. With a global reputation, the brand has been associated with esteemed entities like Imperial Chemical Industries and DuPont since its inception.

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Headquartered in Gurugram, the company efficiently manages a network of 75 warehouses. Dulux enjoys extensive distribution, particularly within the realm of decorative coatings, solidifying its position as a leading choice for wall paint solutions.

5. British Paints

British Paints stands out as one of India's prominent paint manufacturers and the largest companies in the field.
Top 10 Indian Paint Brands | British Paints

British Paints stands out as one of India's prominent paint manufacturers and the largest companies in the field. With a commitment to delivering tailored painting solutions, the company is dedicated to achieving the utmost customer contentment. Making its foray into the Indian market in 1947, British Paints swiftly ascended to a position of prominence as a top provider of marine, industrial, and architectural coatings.

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Renowned for its cost-effective approach, British Paints offers an array of industrial and decorative products, solidifying its status as one of India's premier paint brands.

6. Berger Paint

Berger Paints - Founded in Kolkata, this Indian company boasts a widespread presence with 16 manufacturing facilities strategically situated across the nation.
Top 10 Indian Paint Brands | Berger Paint

Kolkata-based Berger Paints India, is one of the top paint companies in India, recognized as a leading paint brand in India.The company operates an extensive network of 16 manufacturing plants across India, along with two in Nepal, one in Poland, and in Russia.

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Each quarter, Berger Paints is among the fastest-growing companies in the industry. Its product range includes Exterior Wall Coatings, Interior Wall Coatings, Berger Metal & Wood Paints, Undercoats, Express Painting, and Construction Chemicals.

Berger Paints India Limited is the second-largest paint company in the country, known for its rapid growth and high quality and providing the best paints in India. It employs over 3450 employees and has a nationwide distribution network of more than 25,000 dealers. The company ranks second among India's top 10 paint companies by turnover.

7. Jenson & Nicholson Paints

Gurgaon-based Jenson & Nicholson Paints is another one of the young paint companies in India.
Top 10 Indian Paint Brands | Jenson & Nicholson Paints

Gurgaon-based Jenson & Nicholson Paints is another one of the young paint companies in India. But It has established a significant presence in the Indian market. It operates as a joint venture, focusing on industrial paints and decorative paints as its primary offerings.

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What sets this company apart is its commitment to eco-friendly products and their effectiveness against germs. This distinct approach has quickly endeared the brand to the Indian populace, making it a favored choice in the paint market. The company was founded by John Jenson & V. Nageswara Rao. 

8. Grauer & Weil India

Grauer and Weil India Ltd stands as one of the prominent paint enterprises in India.
Top 10 Indian Paint Brands | Grauer and Weil India

Grauer and Weil India Ltd stands as one of the prominent paint enterprises in India. Beyond its operations within the country, the company has extended its reach to multiple other nations. Despite adopting a modest advertising approach, the company has managed to cultivate a strong reputation within the Indian market.

Its products have garnered reviews and ratings resulting in an overall score of 3.8 out of 5, showcasing a commendable standing in comparison to its rivals. The enterprise was established in Kolkata by Ramanlal Shah & Dipesh Mehta.

9. Akzo Nobel India Ltd

Akzo Nobel India Ltd holds the distinction of being the global leader in paint and coating manufacturing.
Top 10 Indian Paint Brands | Akzo Nobel India Ltd

AkzoNobel, is a well known paint and coatings firm, has been active in India for nearly 60 years. As one of the leading paint companies in the country, it has built a strong presence across India, their services are available in 5 different areas.

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AkzoNobel NV acquired Imperial Chemical  Industries Ltd., the holding company of ICI India Limited, through a scheme of arrangement under section 425 of the UK Companies Act 1985. It was renamed as the AkzoNobel India Limited, further establishing its position as a leading provider of high-quality coatings in the country.

In 2012, three more AkzoNobel Group companies operating in India were merged under the AkzoNobel India Limited, making it the country's only integrated Paints and Coatings company with a small Chemicals portfolio.

In addition to paints and coatings, AkzoNobel is engaged in various industries, including automotive, aerospace, marine, and industrial coatings. Their advanced technologies and expertise have made them a trusted partner for businesses looking for high quality protection, performance, and aesthetics.

10. Sirca Paints India Ltd

Founded by  Sanjay Agarwal, Sirca Paints stands as a significant player in the realm of paint and coating manufacturing.
Top 10 Indian Paint Brands | Sirca Paints India Ltd

Founded by  Sanjay Agarwal, Sirca Paints stands as a significant player in the realm of paint and coating manufacturing. Despite its youthfulness, the company has managed to secure a prominent position among India's top 15 paint brands. Initially known by a different name, it was later rebranded.

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Originally incorporated as Sircolor Wood Coatings Private Limited, the company's offerings were well-received by customers, being regarded as products offering good value. However, Sirca's presence in the paint sector of the nation is often overlooked, remaining an underrated entity.

11. Nippon Paints

Nippon Paint Brand

Nippon Paint India Pvt Ltd is a leading paint and product manufacturer based in India. Globally, It ranks as the seventh-largest paint maker. The company was originally founded in 1881 by Jujiro Moteki and Komyosha. Established in India in 2006, Nippon Paint has quickly grown into a major player, recognised for its dedication to providing superior high-quality paint products across a diverse range of segments.

Nippon paint makes high-quality paints and coatings for the automotive, industrial, and decorative sectors. Their environmentally friendly products include Marine coatings, automotive coatings, industrial coatings, and fine chemicals.

A key feature of Nippon Paint's strategy is its focus on sustainability. The company prioritises eco-friendly solutions, integrating sustainable practices into both its manufacturing processes and product lines. Nippon Paint is proud to produce environmentally responsible paints that reduce environmental impact while delivering outstanding performance.

12. Shalimar Paints

Shalimar Paint Brand

Shalimar Paints Ltd has one of the top paint companies in India. Headquartered in Gurgaon, it was established in 1902 by AC Turner and AC Wright. Shalimar Paints specialises in manufacturing and distributing an exceptional range of industrial coatings and decorative paints, catering to a wide range of customers across India.

Through its dedication to innovation and quality, Shalimar pants has maintained its position as a trusted name in the industry, earning a well-deserved reputation as one of the best paint brands in India. The company consistently provides customers with the best of both worlds: high quality products and exceptional service.

Shalimar Paints Ltd has played a key role in painting many of India's iconic structures, including Rashtrapati Bhavan, Howrah Bridge, Vidyasagar Setu, and Salt Lake Stadium.

In 1992, Shalimar Paints established its second manufacturing facility in Nashik, Maharashtra, to serve the Western region as it expanded its presence across India. In 2002, the company further expanded by opening its third  manufacturing plant in Sikandrabad, Uttar Pradesh.

13. Snowcem Paints Limited

Snowcem Paint Brand in India

Snowcem paints limited ranks 10th among India's top paint companies. It was founded  in 1959 by Mr. George Lillington in Mumbai. The company specialises in manufactures interior and exterior emulsions, primers, cement paints, wall putty, more. As one of the biggest cement paint producers in India, Snowcem operates four manufacturing units across the country, generating approximately $6 million. 

14. Sheenlac Paints

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Sheenlac paints ranks 9th position among India's top paint companies. It was founded in 1962 by Mr. John Peter.  It is known for its innovation, Sheenlac was the first company to introduce sanding sealer and non-alcoholic wood Polish. It operates 4 manufacturing units in the country. They  deal in various types of products such as interior & exterior wood coatings, interior and exterior wall paints, floor coatings paints, automotive coatings, more.

Conclusion

They all are the best paint companies in India, renowned for their diverse selection catering to various sectors. Whether it's intended for household applications, decorative purposes, industrial requirements, or automotive projects, these are the esteemed names in the industry that provide paints of exceptional quality. Choose among these well-established brands, which are highly regarded and widely sought after. Explore the top choices conveniently accessible through online platforms.

This was our selection of the Top 14 Indian Paint Brands. We hope this is useful to you. The order of this list is random.

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Frequently asked questions (FAQs)

What are the Top 10 Indian Paint Brands In 2024?
Asian Paints, Indigo Paints, Kansai Nerolac Paints, Dulux Paints, British Paints, Berger Paint, Jenson & Nicholson Paints, Grauer, Weil India, Akzo Nobel India Ltd, Sirca Paints India Ltd. are the Top 10 Indian Paint Brands In 2024.
Which paint brand stands at the No. 1 position in India?
Asian Paints stands at no.1 position in India.
What is the revenue of the paint industry in the Indian market?
Currently, the revenue of the paint industry is around Rs 62,000 crore in the Indian market, as per reported by .