Blockchain startups in India have gained significant traction in recent years, as the country recognizes the potential of blockchain technology in transforming industries and driving innovation. These startups are leveraging blockchain’s decentralized and transparent nature to revolutionize various sectors, including finance, supply chain management, healthcare, identity verification, and more.

India’s blockchain startup ecosystem is characterized by a diverse range of companies, offering solutions such as cryptocurrency exchanges, decentralized finance platforms, blockchain infrastructure services, identity verification systems, and smart contract development. These startups are not only catering to the domestic market but also expanding their reach globally, contributing to India’s growing reputation as a hub for blockchain innovation.

Several factors contribute to the growth of blockchain startups in India. These include a supportive regulatory environment, increased awareness and adoption of blockchain technology, availability of technical talent, and a strong entrepreneurial culture. Furthermore, initiatives like blockchain sandboxes and government-led blockchain projects have provided a conducive environment for startups to experiment and develop innovative blockchain solutions.

Innovation Unchained: How These 10 Indian Blockchain Startups are Reshaping Industries with Decentralization.


Founder: Mahin Gupta, Sandeep Goenka, and Saurabh Agrawal

CEO: Rahul Pagidipati

Year: 2014

Services: Cryptocurrency exchange platform that allows users to buy, sell, and trade a variety of digital assets.

Targeted Audience: Individuals interested in trading and investing in cryptocurrencies.


Founder: Aniket Jindal and Vibhore Goyal

CEO: Aniket Jindal

Year: 2017

Services: Blockchain development and consulting services, with a focus on finance, healthcare, and supply chain management sectors.

Targeted Audience: Businesses in finance, healthcare, and supply chain management seeking blockchain solutions.

Somish Blockchain Labs

Founder: Raunaq Vaisoha and Ankit Gaur

CEO: Raunaq Vaisoha

Year: 2016

Services: Blockchain solutions for various industries, including healthcare, finance, and logistics, with a focus on secure and scalable solutions.

Targeted Audience: Businesses across industries seeking secure and scalable blockchain solutions.


Founder: Kumar Gaurav

CEO: Kumar Gaurav

Year: 2016

Services: Blockchain-based banking platform providing financial services to individuals and businesses worldwide.

Targeted Audience: Individuals and businesses in need of global financial services.


Founder: Samyak Jain and Sowmay Jain

CEO: Samyak Jain

Year: 2018

Services: Decentralized finance platform that allows users to access and manage various DeFi protocols in one place.

Targeted Audience: Users interested in decentralized finance and accessing multiple DeFi protocols.


Founder: Taylor Monahan

CEO: Kosala Hemachandra

Year: 2015

Services: Ethereum wallet interface for managing Ether and ERC-20 tokens securely.

Targeted Audience: Ethereum users requiring a secure wallet interface for managing their assets.


Founder: Akash Gaurav, Nitin Gaurav, and Rakesh Yadav

CEO: Akash Gaurav

Year: 2017

Services: Blockchain infrastructure provider offering scalable and secure blockchain applications tailored to organizations’ needs.

Targeted Audience: Organizations seeking blockchain infrastructure solutions.


Founder: Manav Singhal, Sachin Tomar, and Dheeraj Pandey

CEO: Manav Singhal

Year: 2017

Services: Blockchain-based identity verification solutions for securely managing and sharing identities across platforms.

Targeted Audience: Individuals and businesses requiring secure identity verification solutions.

Primechain Technologies

Founder: Shinam Arora and Rohas Nagpal

CEO: Shinam Arora

Year: 2016

Services: Blockchain solutions for the banking and financial industry, focusing on areas such as fraud detection and secure transactions.

Targeted Audience: Banks and financial institutions seeking blockchain solutions.

Matic Network

Founder: Jaynti Kanani and Sandeep Nailwal

CEO: Jaynti Kanani

Year: 2017

Services: Layer 2 scaling solution for Ethereum, improving scalability and usability while maintaining compatibility with the Ethereum ecosystem.

Targeted Audience: Developers and users of decentralized applications (dApps) on Ethereum.

While there are many promising blockchain startups in India, it’s important to note that the landscape is dynamic and continuously evolving. New startups emerge, and the ranking and status of existing ones may change over time. Therefore, it is recommended to conduct thorough research and stay updated with the latest developments to gain a comprehensive understanding of the blockchain startup scene in India.