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