India’s financial industry has recently seen a massive wave of startups offering innovative, tech-enabled solutions. Particularly, Hyderabad, Andhra Pradesh, which has become a primary hub for fintech startups, has given birth to numerous ventures in 2020 or later. These startups are revolutionizing the field with their unique offerings in asset management, commercial real estate, finance, payment solutions, credit facilities, mutual fund distributions, and more. The objective of this series of articles is to showcase these innovative startups and their remarkable contributions to the financial services industry.
The Indian city of Hyderabad, with its favorable government policies, robust infrastructure, and deep tech talent pool, has emerged as a major hotspot for fintech startups. The city is home to numerous dynamic startups, offering unique solutions in asset management, financial services, credit systems, lending and more. Their services, driven by cutting-edge technologies, are significantly enhancing the efficiency and reach of financial services across the country.
The increasing digitalization and adoption of fintech in India is palpable in the operations and offerings of these startups located in Hyderabad, Andhra Pradesh. These companies, founded in 2020 or later, are making strides in their respective domains, using technology to reach out to new markets, reduce operational costs, and ultimately make financial services more inclusive and accessible. Furthermore, they not only have the potential to make India a global fintech hub but also have the ability to stimulate economic growth, create jobs, and drive financial inclusion in the country.
Founded by Mazhar Pasha, Syndicate Capital offers advisory, investments & asset management operations for realty businesses, specifically investing in prime real estate.Listing for prime properties and offering asset management services, Syndicate Capital partners with financial institutions and investors to provide comprehensive financial services.
The startup operates in strategic locations in India, UAE, Hong Kong, and England to serve its global clients.
Designed to enable people to go beyond cash and accelerate the digital economy with the power of UPI, Zithara is a fintech startup founded by Varun Kashyap. The company continues to push the boundaries of digital payments, opening up a world of possibilities for both businesses and individuals.
Created by Vijay Kumar and Yogesh Bathina, Krab is a SaaS and fintech startup that empowers truckers and trucking companies without formal credit scores to access loans from banks.
Premia Chit Funds Private Limited
Premia Chit Funds Private Limited, founded by Mohammed Rahim Khan, operates in the financial services sector.
Founded by Prasad Lendwe, Takeoff is the first online mutual fund distribution platform in India for non-individual investors such as businesses, trusts, government bodies, and more.
NeoCredit, co-founded by Gondyala Surender Rao, Harish Reddy Rajupalli, and Srinivasa Reddy Kareti, is making banking more efficient through technology intervention. The company’s product allows invoice discounting for MSMEs in a digital, paperless and instant way.
Finance Box is a finance tech platform operating in the financial services sector.
Success Trading, founded by Abdul Hirshad, Krishna Prasad, Srikanth Kaspa, and Srinivas Cheepurupalli, offers software platforms for finance and wealth management, enhanced with artificial intelligence capabilities.