Blockchain technology has gained significant traction worldwide, and India is no exception. With a rapidly growing tech ecosystem, several Indian startups are leveraging blockchain to innovate across various industries. Here’s a detailed look at the top 10 blockchain startups in India.
1. Polygon (Previously Matic Network)
Polygon is a Bengaluru-based blockchain startup founded in 2017. It provides a protocol and framework for building and connecting Ethereum-compatible blockchain networks, focusing on improving scalability and reducing transaction costs on the Ethereum blockchain. Polygon has become a critical player in the global blockchain ecosystem, partnering with multiple prominent blockchain projects.
| Attribute | Details |
|---|---|
| Founded | 2017 |
| Headquarters | Bengaluru |
| Key Focus | Ethereum scalability solutions |
| Notable Partnerships | Multiple prominent blockchain projects |
| Website | Polygon |
Founded: 2017
Headquarters: Bengaluru
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It offers a range of tools to improve scalability and reduce transaction costs on the Ethereum blockchain. The platform has seen widespread adoption and has partnered with several prominent blockchain projects.
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2. CoinDCX
Founded in 2018 and headquartered in Mumbai, CoinDCX is a leading cryptocurrency exchange in India. It offers a wide range of crypto-based financial services, including trading, lending, and staking. Known for its user-friendly interface and robust security features, CoinDCX has quickly become a popular platform for cryptocurrency enthusiasts.
| Attribute | Details |
|---|---|
| Founded | 2018 |
| Headquarters | Mumbai |
| Key Focus | Cryptocurrency exchange, trading, lending, staking |
| Features | User-friendly interface, strong security features |
| Website | CoinDCX |
Founded: 2018
Headquarters: Mumbai
CoinDCX is a cryptocurrency exchange that provides a comprehensive suite of crypto-based financial products and services. It offers trading, lending, and staking opportunities for users and has gained popularity for its user-friendly interface and strong security features.
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3. WazirX
WazirX is another major cryptocurrency exchange in India, established in 2017 and based in Mumbai. It offers a comprehensive trading platform supporting a variety of cryptocurrencies. WazirX gained significant recognition after being acquired by Binance, enhancing its capabilities and reach within the global crypto market.
| Attribute | Details |
|---|---|
| Founded | 2017 |
| Headquarters | Mumbai |
| Key Focus | Cryptocurrency exchange |
| Notable Acquisition | Acquired by Binance |
| Website | WazirX |
Founded: 2017
Headquarters: Mumbai
WazirX is another leading cryptocurrency exchange in India, known for its robust trading platform and diverse range of supported cryptocurrencies. It gained international recognition after being acquired by Binance, one of the world’s largest cryptocurrency exchanges.
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4. Zebi
Zebi, founded in 2015 and headquartered in Hyderabad, specializes in blockchain-based solutions for data security and analytics. It focuses on securing high-value, sensitive data and ensuring its veracity, with successful deployments in real estate, hospitality, and government services sectors.
| Attribute | Details |
|---|---|
| Founded | 2015 |
| Headquarters | Hyderabad |
| Key Focus | Data security, data analytics |
| Industries Served | Real estate, hospitality, government |
| Website | Zebi |
Founded: 2015
Headquarters: Hyderabad
Zebi specializes in providing blockchain-based solutions for data security and data analytics. Their products are designed to secure high-value, sensitive data and ensure its veracity. Zebi has successfully deployed its technology in various sectors, including real estate, hospitality, and government services.
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5. Signzy
Bengaluru-based Signzy, established in 2015, offers digital onboarding solutions using blockchain and artificial intelligence. Its technology enhances the security and efficiency of customer verification processes for financial institutions, providing seamless and compliant digital verification services.
| Attribute | Details |
|---|---|
| Founded | 2015 |
| Headquarters | Bengaluru |
| Key Focus | Digital onboarding, verification services |
| Technologies | Blockchain, artificial intelligence |
| Website | Signzy |
Founded: 2015
Headquarters: Bengaluru
Signzy offers a digital onboarding solution that leverages blockchain and artificial intelligence to provide seamless, secure, and compliant digital verification services. Their technology is used by financial institutions to enhance the security and efficiency of customer onboarding processes.
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6. Unocoin
Founded in 2013 and headquartered in Bengaluru, Unocoin is one of India’s oldest cryptocurrency exchanges. It provides a platform for buying, selling, and storing Bitcoin and other cryptocurrencies. Unocoin is recognized for its user-centric approach and innovative features that simplify crypto trading.
| Attribute | Details |
|---|---|
| Founded | 2013 |
| Headquarters | Bengaluru |
| Key Focus | Cryptocurrency exchange |
| Notable Features | User-centric approach, innovative trading features |
| Website | Unocoin |
Founded: 2013
Headquarters: Bengaluru
Unocoin is one of India’s oldest cryptocurrency exchanges. It provides a platform for buying, selling, and storing Bitcoin and other cryptocurrencies. The startup is known for its user-centric approach and has introduced several innovative features to simplify crypto trading.
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7. KoineArth
KoineArth, based in Bengaluru and founded in 2018, focuses on supply chain solutions using blockchain technology. Its products aim to ensure transparency, traceability, and efficiency in supply chains, particularly benefiting industries like manufacturing and logistics.
| Attribute | Details |
|---|---|
| Founded | 2018 |
| Headquarters | Bengaluru |
| Key Focus | Supply chain solutions |
| Industries Served | Manufacturing, logistics |
| Website | KoineArth |
Founded: 2018
Headquarters: Bengaluru
KoineArth focuses on using blockchain for supply chain solutions. Their products help businesses ensure transparency, traceability, and efficiency in their supply chains. The startup’s solutions are particularly beneficial for industries like manufacturing and logistics.
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8. XinFin
XinFin, established in 2017, operates out of both Singapore and India. It is a hybrid blockchain platform designed for international trade and finance, combining the features of public and private blockchains. XinFin’s XDC Network is a key technology used for various decentralized finance (DeFi) applications.
| Attribute | Details |
|---|---|
| Founded | 2017 |
| Headquarters | Singapore and India |
| Key Focus | International trade and finance |
| Notable Technology | XDC Network |
| Website | XinFin |
Founded: 2017
Headquarters: Singapore and India
XinFin is a hybrid blockchain platform designed for international trade and finance. It combines the features of public and private blockchains, enabling enterprises to deploy blockchain solutions with enhanced security and efficiency. XinFin’s XDC Network is used for various decentralized finance (DeFi) applications.
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9. SoluLab
Founded in 2014 and headquartered in Ahmedabad, SoluLab is a blockchain development company offering a range of services, including custom blockchain development, smart contract development, and blockchain consulting. It has worked with global clients to implement blockchain solutions across multiple industries.
| Attribute | Details |
|---|---|
| Founded | 2014 |
| Headquarters | Ahmedabad |
| Key Focus | Blockchain development services |
| Services | Custom blockchain development, smart contract development, blockchain consulting |
| Website | SoluLab |
Founded: 2014
Headquarters: Ahmedabad
SoluLab is a blockchain development company that offers a range of services including custom blockchain development, smart contract development, and blockchain consulting. They have worked with various global clients to implement blockchain solutions across multiple industries.
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10. PrimaFelicitas
PrimaFelicitas, based in Delhi and founded in 2013, provides blockchain development services with a focus on blockchain consulting, decentralized application (DApp) development, and blockchain integration services. It serves a diverse global clientele, delivering bespoke blockchain solutions.
| Attribute | Details |
|---|---|
| Founded | 2013 |
| Headquarters | Delhi |
| Key Focus | Blockchain development services |
| Services | Blockchain consulting, DApp development, blockchain integration services |
| Website | PrimaFelicitas |
Founded: 2013
Headquarters: Delhi
PrimaFelicitas provides blockchain development services, focusing on delivering bespoke blockchain solutions to startups and enterprises. Their expertise covers blockchain consulting, DApp development, and blockchain integration services, catering to a global clientele.
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Frequently Asked Question(FAQ’s) and Answers about the Top 10 Blockchain Startups in India
Polygon (Previously Matic Network)
Q1: What is Polygon?
A1: Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, aimed at improving scalability and reducing transaction costs on the Ethereum blockchain.
Q2: When was Polygon founded?
A2: Polygon was founded in 2017.
Q3: Where is Polygon headquartered?
A3: Polygon is headquartered in Bengaluru, India.
CoinDCX
Q1: What services does CoinDCX offer?
A1: CoinDCX offers a cryptocurrency exchange platform, including trading, lending, and staking services.
Q2: When was CoinDCX founded?
A2: CoinDCX was founded in 2018.
Q3: Where is CoinDCX based?
A3: CoinDCX is based in Mumbai, India.
WazirX
Q1: What is WazirX known for?
A1: WazirX is known for being a leading cryptocurrency exchange in India with a robust trading platform and a wide range of supported cryptocurrencies.
Q2: Who acquired WazirX?
A2: WazirX was acquired by Binance, one of the world’s largest cryptocurrency exchanges.
Q3: When was WazirX established?
A3: WazirX was established in 2017.
Zebi
Q1: What does Zebi specialize in?
A1: Zebi specializes in providing blockchain-based solutions for data security and data analytics.
Q2: In which industries does Zebi operate?
A2: Zebi operates in industries such as real estate, hospitality, and government services.
Q3: Where is Zebi headquartered?
A3: Zebi is headquartered in Hyderabad, India.
Signzy
Q1: What is Signzy’s main product?
A1: Signzy’s main product is a digital onboarding solution that uses blockchain and artificial intelligence to provide secure and compliant digital verification services.
Q2: When was Signzy founded?
A2: Signzy was founded in 2015.
Q3: Where is Signzy located?
A3: Signzy is located in Bengaluru, India.
Unocoin
Q1: What is Unocoin known for?
A1: Unocoin is known for being one of India’s oldest cryptocurrency exchanges, offering a platform for buying, selling, and storing Bitcoin and other cryptocurrencies.
Q2: What is a notable feature of Unocoin?
A2: Unocoin is noted for its user-centric approach and innovative trading features.
Q3: When was Unocoin founded?
A3: Unocoin was founded in 2013.
KoineArth
Q1: What does KoineArth focus on?
A1: KoineArth focuses on using blockchain for supply chain solutions to ensure transparency, traceability, and efficiency.
Q2: Which industries benefit from KoineArth’s solutions?
A2: Industries such as manufacturing and logistics benefit from KoineArth’s solutions.
Q3: When was KoineArth established?
A3: KoineArth was established in 2018.
XinFin
Q1: What is XinFin?
A1: XinFin is a hybrid blockchain platform designed for international trade and finance, combining features of both public and private blockchains.
Q2: What is the key technology of XinFin?
A2: XinFin’s key technology is the XDC Network, used for decentralized finance (DeFi) applications.
Q3: Where is XinFin headquartered?
A3: XinFin is headquartered in both Singapore and India.
SoluLab
Q1: What services does SoluLab provide?
A1: SoluLab provides blockchain development services, including custom blockchain development, smart contract development, and blockchain consulting.
Q2: When was SoluLab founded?
A2: SoluLab was founded in 2014.
Q3: Where is SoluLab based?
A3: SoluLab is based in Ahmedabad, India.
PrimaFelicitas
Q1: What is PrimaFelicitas known for?
A1: PrimaFelicitas is known for providing blockchain development services, focusing on blockchain consulting, DApp development, and blockchain integration services.
Q2: When was PrimaFelicitas established?
A2: PrimaFelicitas was established in 2013.
Q3: Where is PrimaFelicitas headquartered?
A3: PrimaFelicitas is headquartered in Delhi, India.
Conclusion
India’s blockchain landscape is rapidly evolving, with startups across the country driving innovation in this transformative technology. From cryptocurrency exchanges to supply chain solutions, these top 10 startups exemplify the diverse applications of blockchain in enhancing security, transparency, and efficiency across various sectors. As the regulatory environment becomes clearer and more supportive, these startups are poised to play a pivotal role in the global blockchain ecosystem.
Also read:
Top 10 E-commerce Startups in India
Top 10 indiaAI Startups in India
Top 10 Blockchain Startups in India
Top 10 Robotics Startups in India
Top 10 SaaS Startups for Software in India
Top 10 Virtual Reality Startups in India
Top 10 Augmented Reality Startups in India
