Top 10 RegTech Startups in India
Top 10 RegTech Startups in India
1. Signzy
| Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|
| 2015 | Bangalore | Digital Onboarding | AI-powered digital onboarding, KYC, and fraud detection solutions |
Signzy provides AI-powered digital onboarding, KYC, and fraud detection solutions for financial institutions. Their technology simplifies compliance processes and enhances security.
2. COVACSIS
| Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|
| 2011 | Mumbai | Data Analytics | Real-time analytics and compliance solutions for manufacturing and industrial sectors |
COVACSIS offers real-time analytics and compliance solutions tailored for manufacturing and industrial sectors. Their platform helps in monitoring and ensuring regulatory compliance.
3. Lemnisk
| Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|
| 2013 | Bangalore | Data Privacy | Customer Data Platform (CDP) that ensures data privacy and regulatory compliance |
Lemnisk’s Customer Data Platform (CDP) ensures data privacy and regulatory compliance while providing actionable insights for personalized marketing.
4. IDfy
| Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|
| 2011 | Mumbai | Identity Verification | Identity verification, background checks, and KYC solutions |
IDfy specializes in identity verification, background checks, and KYC solutions, helping businesses comply with regulatory requirements while reducing fraud.
5. Fintellix
| Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|
| 2006 | Bangalore | Regulatory Reporting | Integrated risk and compliance management solutions for financial institutions |
Fintellix provides integrated risk and compliance management solutions, including regulatory reporting tools for financial institutions, ensuring adherence to regulatory norms.
6. Perfios
| Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|
| 2008 | Bangalore | Financial Data Aggregation | Financial data aggregation, analytics, and compliance solutions for banks and NBFCs |
Perfios offers financial data aggregation, analytics, and compliance solutions for banks and NBFCs, helping them streamline regulatory reporting and risk management.
7. NextGen
| Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|
| 2005 | Bangalore | Healthcare Compliance | Compliance management and regulatory reporting solutions for the healthcare sector |
NextGen provides compliance management and regulatory reporting solutions specifically designed for the healthcare sector, ensuring adherence to medical regulations and standards.
8. Tookitaki
| Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|
| 2014 | Bangalore | AML and Compliance | Anti-money laundering (AML) and reconciliation solutions for financial institutions |
Tookitaki focuses on anti-money laundering (AML) and reconciliation solutions, helping financial institutions detect and prevent financial crimes while ensuring compliance.
9. Simility
| Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|
| 2014 | Hyderabad | Fraud Prevention | Fraud detection and prevention platform using machine learning and data analytics |
Simility provides a fraud detection and prevention platform that uses machine learning and data analytics to help businesses detect fraudulent activities and ensure regulatory compliance.
10. Artoo
| Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|
| 2010 | Bangalore | Financial Inclusion | Digital loan origination and underwriting solutions for financial institutions, ensuring compliance and efficiency |
Artoo offers digital loan origination and underwriting solutions for financial institutions, ensuring compliance and operational efficiency while promoting financial inclusion.
Summary Table
| Startup Name | Founded | Headquarters | Focus Area | Key Products/Solutions |
|---|---|---|---|---|
| Signzy | 2015 | Bangalore | Digital Onboarding | AI-powered digital onboarding, KYC, and fraud detection solutions |
| COVACSIS | 2011 | Mumbai | Data Analytics | Real-time analytics and compliance solutions for manufacturing and industrial sectors |
| Lemnisk | 2013 | Bangalore | Data Privacy | Customer Data Platform (CDP) that ensures data privacy and regulatory compliance |
| IDfy | 2011 | Mumbai | Identity Verification | Identity verification, background checks, and KYC solutions |
| Fintellix | 2006 | Bangalore | Regulatory Reporting | Integrated risk and compliance management solutions for financial institutions |
| Perfios | 2008 | Bangalore | Financial Data Aggregation | Financial data aggregation, analytics, and compliance solutions for banks and NBFCs |
| NextGen | 2005 | Bangalore | Healthcare Compliance | Compliance management and regulatory reporting solutions for the healthcare sector |
| Tookitaki | 2014 | Bangalore | AML and Compliance | Anti-money laundering (AML) and reconciliation solutions for financial institutions |
| Simility | 2014 | Hyderabad | Fraud Prevention | Fraud detection and prevention platform using machine learning and data analytics |
| Artoo | 2010 | Bangalore | Financial Inclusion | Digital loan origination and underwriting solutions for financial institutions, ensuring compliance and efficiency |
