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India's 14 Hottest FinTech Startups

Paytm: Paytm is India’s largest mobile commerce platform. Paytm started by offering mobile recharge and utility bill payments, and today, it offers a full marketplace to consumers on its mobile apps. The company is owned and operated by One97 Communication Ltd. and has investors such as Ant Financials (Alipay), Alibaba Group, SAIF Partners, Sapphire Venture, among others. The company has more than 100 million Paytm wallet users and the number of transactions carried out by these users is over 75 million per month. Paytm has 80,000 merchants on its platform which is expected to increase to about 100,000 by the year-end after it allows zero-commission listings.

MobiKwik: MobiKwik is India’s largest independent mobile payments network which connects 25 million users with 50,000 retailers. It enables users to discover retailers (brick-and-mortar stores, e-com websites, m-com apps, billers, telcos) and pay them with a single tap. Users load money into the wallet once using cash, loyalty points, debit card, credit card and net banking to make secure 1-tap payments for purchases. The company has around 17 million mobile wallet subscribers and has ...

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