Gurgaon, or Gurugram, is one of India’s top tech hubs and, over the years, has developed into a fintech epicenter rivaling Bengaluru and other domestic cities. The city features state-of-the-art digital and physical infrastructure, which has helped attract a talented workforce and easily supports new software developments.
Although Gurgaon is a relatively recently developed city, it is near New Delhi and Noida, which have produced several fintech unicorns and influenced the booming local tech community. Below are some of the top international and domestic finance companies in Gurgaon to know about.
Top Finance Companies in Gurgaon
- TransUnion
- Fiserv
- Angel One
- BharatPe
- Aye Finance
- MobiKwik
- Ocrolus
Finance Companies in Gurgaon
MobiKwik was founded in 2009 and quickly became a mobile fintech super app. Individuals can use the app to make utility payments, transfer money to a bank account, find store discounts and more. Businesses can also use MobiKwik’s tech to process digital payments and initiate refunds.
Grip Invest is a trading platform that provides investors with market access to traditional financial products and non-market-linked opportunities. For example, individuals can purchase startup equity and commercial real estate, which can offer greater returns and increased diversification.
OfBusiness is an e-commerce and fintech platform for small-to-medium-sized businesses. It provides financial solutions and offers raw material procurement in an effort to eliminate the costly supply chain establishment process.
Aye Finance is a Gurgaon-founded company that seeks to develop fintech solutions for India’s underbanked segment. Its digital platform helps small and micro businesses secure loans nationwide. According to Aye Finance, it uses a different underwriting process that involves data science methods to provide funding for companies that may otherwise be unable to secure financing.
Ocrolus is an AI company with offices in New York City and Gurgaon. Its platform uses machine learning to analyze financial documents and data to pinpoint fraud and calculate cash flow. According to Ocrolus, its AI tech aims to help businesses operate more efficiently and make informed decisions.
Fiserv is a multinational organization that develops financial technology for businesses and other financial institutions. Clover, one of its most popular products, equips businesses with point-of-sale hardware such as handheld devices, mobile attachments and tablets that process digital payments. Its other platforms include solutions for global payments and digital cards.
Angel One is a local fintech firm with over 24 million users. It provides an intuitive investing platform with no brokerage fees and enables retail investors to trade stocks and mutual funds. Although its platform caters to ordinary investors, Angel One also provides API access, which seasoned pros can use to create trading platforms or tools to optimize their orders.
BharatPe is a mobile payment company and one of India’s first to popularize unified payment interfaces, or UPI. Its mobile app allows users use the built-in camera and securely transmit a payment by scanning a QR code. BharatPe also provides point-of-sale hardware for businesses to collect and process digital payments through a single device.
BASIC Home Loan’s digital platform launched in 2020 and provides a streamlined way for families to buy homes and real estate. The platform requires potential home buyers to fill out a few questions to obtain mortgage quotes from various providers, and after finding an ideal loan, it digitizes the application process. Besides providing its mortgage comparison tool, BASIC Home Loan also helps families initiate balance transfers and collateral loans.
TransUnion is a financial services company that aggregates data to provide individual credit scores. With credit scores, banks and other financial institutions can assess a consumers’s creditworthiness and help them become approved for home loans, credit cards or insurance products. TransUnion also provides educational and support services to help people manage their credit.
