At Best Startup India we track over 400,000 Indian startups and over 1,800,000 people who hold key positions in these companies. We use this directory of startups to highlight top employees, founders and organisations we think deserve more appreciation than they are currently getting.
We’ve ranked the top 39 Transaction Processing companies in India. The companies, startups and institutions listed in this article are all exceptional companies, well worth a follow. We have included links to their websites, socials and CrunchBase (if you’re interested in their financials).
We selected the organisations listed in this article based on:
- Track record
- Executive leadership
- Market share
- Innovation
- ESG rating
Our Data – We source our data from OSINT (open source intelligence) and public directories such as Crunchbase, SemRush and many more. The data from these sources should be treated with a degree of caution and verified yourself.
Top Transaction Processing Companies & Startups (India)
TranZact
TranZact is a Cloud based P2P Network Platform where businesses can connect, collaborate and transact with each other.
Founder(s): Ritesh Kumar, Rohan Sen Sharma, Sharad Sen Sharma
Location: Mumbai, Maharashtra, India
Industries: B2B, Enterprise Software, FinTech, Procurement, Supply Chain Management, Transaction Processing
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Recko
Recko is a financial operations platform for internet companies that automates reconciliation, commission calculations, and payouts.
Founder(s): Prashant Borde, Saurya Prakash Sinha
Location: Bangalore, Karnataka, India
Industries: Enterprise, Financial Services, FinTech, SaaS, Transaction Processing
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BookMyForex.com
Online Money Exchange and Remittances
Founder(s): Nitin Motwani, Sudarshan Motwani
Location: Gurgaon, Haryana, India
Industries: E-Commerce, Financial Services, FinTech, Transaction Processing
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PayMate
PayMate is an Indian market leader in B2B payments for Enterprise and SME across supply chains.
Founder(s): Ajay Adiseshann
Location: Mumbai, Maharashtra, India
Industries: B2B, Credit, Financial Services, FinTech, Mobile Apps, Payments, Transaction Processing
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Blue
Blue develops and offers an online platform for banking and intercompany settlement
Founder(s): Rahul Vinodkumar Dadhich
Location: Mumbai, Maharashtra, India
Industries: Financial Services, FinTech, Mobile Payments, Transaction Processing
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NumberMall
NumberMall is born with a vision to tech-enable the small merchant.
Founder(s): Ashwaghosh Gaikwad, Kiran Gali, Kishore Gali, Narayana Reddy, Nirmala Jyothi
Location: Hyderabad, Andhra Pradesh, India
Industries: E-Commerce, Mobile Payments, Transaction Processing
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SIFIPAY.COM
SIFIPAY is one of the fastest growing payment solution providers in India. Funds collections & Payouts were never so easy !!
Founder(s): Navneet Makharia
Location: Ghaziabad, Uttar Pradesh, India
Industries: Credit Cards, Debit Cards, Financial Services, FinTech, Mobile Payments, Payments, Transaction Processing
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Financial Software & Systems
Financial Software & Systems (FSS), is a global comprehensive payments technology provider.
Founder(s): Nagaraj Mylandla
Location: Chennai, Tamil Nadu, India
Industries: Debit Cards, Financial Services, FinTech, Information Services, Information Technology, Mobile Payments, Payments, Software, Transaction Processing
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MagicX
MagicX is an evolved version of MagicTiger – which was a human powered chat application for transactions.
Founder(s): Pratyush Prasanna
Location: Bengaluru, Karnataka, India
Industries: Apps, Internet, Transaction Processing
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InstantPay
Full-stack digital bank for businesses
Founder(s): Amol Sonbarse, Shailendra Agarwal
Location: New Delhi, Delhi, India
Industries: Financial Exchanges, Financial Services, Payments, Transaction Processing
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PayLatr
PayLatr.com is a mobile payments platform that enables recurring micro-credits to mid-income households.
Founder(s): Rohit Bhatia
Location: Pune, Maharashtra, India
Industries: FinTech, Mobile Payments, Retail, Transaction Processing
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ZaakPay
Zaakpay is India’s most secure payment gateway!
Founder(s): Bipin Singh, Upasana Taku
Location: New Delhi, Delhi, India
Industries: Payments, Transaction Processing
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Nelito Systems Ltd
Nelito has long established itself as a preferred IT solutions partner for the banking and financial institutions across emerging markets.
Founder(s): Punit Jain
Location: Mumbai, Maharashtra, India
Industries: Banking, Consulting, Financial Services, Mobile Payments, Outsourcing, Transaction Processing
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Venture Infotek Global Private
Venture Infotek is an India-based transaction processing and knowledge management company.
Founder(s): Piyush Khaitan
Location: Mumbai, Maharashtra, India
Industries: Knowledge Management, Software, Transaction Processing
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Slonkit
Slonkit provides prepaid card services.
Founder(s): Javed Tapia, Murad Nathani
Location: Mumbai, Maharashtra, India
Industries: Mobile Payments, Transaction Processing
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PayMonk
PayMonk provides payment gateway, transaction processing, POS, UPI, and financial services.
Founder(s):
Location: Noida, Uttar Pradesh, India
Industries: Financial Services, Payments, Transaction Processing
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Firmway
Firmway is a platform that digitizes balance confirmation and reconciliation process.
Founder(s): Prashant Gupta, Vivek Chandan
Location: Mumbai, Maharashtra, India
Industries: Financial Services, Machine Learning, Transaction Processing
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MSS Payments
MSS Payments is an international financial services technology company.
Founder(s): Pankaj Kumar
Location: Bengaluru, Karnataka, India
Industries: Billing, Financial Services, Mobile Payments, Payments, Transaction Processing
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EasyBill
EasyBill provides consumers with bill payment and ticketing services.
Founder(s):
Location: New Delhi, Delhi, India
Industries: Billing, Financial Exchanges, Payments, Transaction Processing
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Pyro Networks(Financial Service)
Pyro Financial Services delivers breakthrough Mobile Financial Platforms.
Founder(s): SM Reddy
Location: Hyderabad, Andhra Pradesh, India
Industries: Delivery, FinTech, Mobile, Transaction Processing
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Timeus
Timeus is a blockchain protocol adapted to the needs of corporate clients and has a number of unique technical solutions.
Founder(s): Roman Said
Location: New Delhi, Delhi, India
Industries: Blockchain, Cryptocurrency, Data Storage, Developer Platform, Information Technology, Software, Transaction Processing
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Safefunds.com, LLC
Safefunds.com, LLC is a financial services protection & security company that provides transaction and payment protection.
Founder(s):
Location: Indianapolis, Indiana, United States
Industries: Finance, Financial Services, Security, Transaction Processing
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Zentora Overseas Careers
Zentora Overseas Careers is a premier immigration consultant providing quality solution in Visa Processing and Study Overseas.
Founder(s): Ravi Kumar
Location: Hyderabad, Andhra Pradesh, India
Industries: Career Planning, Service Industry, Transaction Processing
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Tampa State Bank
Tampa State Bank is a banking firm.
Founder(s):
Location: Marion, Indiana, United States
Industries: Banking, Credit Cards, Finance, Financial Services, Transaction Processing
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eTaal – Electronic Transaction Aggregation & Analysis Layer
eTaal is an India-based web portal that disseminates e-transaction statistics of national and state level e-governance projects.
Founder(s):
Location: New Delhi, Delhi, India
Industries: Analytics, Transaction Processing
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Reliable Data services
Reliable Data services provides services like transaction, processing cheques & payroll processing.
Founder(s):
Location: Noida, Uttar Pradesh, India
Industries: Human Resources, Outsourcing, Transaction Processing
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ArYuMoney
ArYu Money is an ewallet and payments app that allows users to pay online and transfer money to each other digitall
Founder(s): Surendra Kumar Sahu
Location: Bangalore, Karnataka, India
Industries: Mobile Payments, Payments, Transaction Processing
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DataEntryOutsourcced
DataEntryOutsourced is a specialized one-stop solution provider for all your Data Entry needs.DEO’s clients also includes fortune 500 Firms.
Founder(s): Bharat Dabhi
Location: Bengaluru, Karnataka, India
Industries: Data Mining, Outsourcing, Transaction Processing
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cliQ2pay
cliQ2pay is an innovative and tailor made payment solution provider for all kinds of business.
Founder(s): Ankit Kapur
Location: Gurgaon, Haryana, India
Industries: Mobile Payments, Payments, Software, Transaction Processing
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Navineo
Navineo is an e-commerce platform & a community of web developers in India.
Founder(s): Rahul Kulkarni
Location: Pune, Maharashtra, India
Industries: Communities, Consulting, E-Commerce, Mobile Apps, Transaction Processing, Web Development
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SBI Payment
SBI Payment provides merchant acquiring business-related services that enable cashless transactions to merchants acquired by SBI.
Founder(s):
Location: Worli, Maharashtra, India
Industries: Financial Services, Payments, Transaction Processing
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Oxigen
Oxigen is a payments platform that provides money transfer, payment processing, and remittance services with PoS, web, and mobile solutions.
Founder(s):
Location: Gurgaon, Haryana, India
Industries: Banking, Financial Services, Payments, Point of Sale, Retail, Transaction Processing
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ArYu Infotech Limited
ArYu Infotech Limited provides information technology products and services.
Founder(s): Surendra Kumar Sahu
Location: Bangalore, Karnataka, India
Industries: Consumer Software, Developer APIs, Information Technology, Internet, Product Design, Software, Software Engineering, Transaction Processing, Web Development
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Acumen
Acumen provides business, financial and management consultancy services.
Founder(s):
Location: Pune, Maharashtra, India
Industries: Financial Services, Management Consulting, Transaction Processing
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SmartData
SmartData is a transaction processing company.
Founder(s):
Location: New Delhi, Delhi, India
Industries: Finance, Financial Services, Mobile Payments, Transaction Processing
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Entransact
Entransact is a digital platform that enables its users for making seamlessly transactions from e-invoices to e-way bills.
Founder(s):
Location: Hyderabad, Andhra Pradesh, India
Industries: Financial Services, Online Portals, Transaction Processing
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Checkmate Group
Checkmate Group provides 360-degree security solutions, special training, security audits, and bullion and cash management services.
Founder(s):
Location: Vadodara, Gujarat, India
Industries: Facilities Support Services, Security, Service Industry, Training, Transaction Processing
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Sanjay Kumar Jha & Associates
Sanjay Kumar Jha & Associates is a chartered accountancy firm.
Founder(s): Sanjay Jha
Location: Patna City, Bihar, India
Industries: Accounting, Management Consulting, Transaction Processing
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BancardSales
BancardSales is a financial consulting firm that specializes in merchant accounts solutions, custom payment systems, and billing services.
Founder(s):
Location: Indianapolis, Indiana, United States
Industries: Billing, Consulting, Financial Services, Payments, Transaction Processing
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