As of September 2023, PhonePe, a fintech company that provides digital wallets and online payment services had raised two billion U.S. dollars in India. Pine Labs raised 1.1 billion U.S. dollars over various funding rounds. Pine Labs is a finance and retail transaction technology provider.
Most funded fintech startups in India as of September 2023, by funding amount
(in million U.S. dollars)
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Most funded fintech startups in India as of September 2023, by funding amount
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
FinTech News. (October 9, 2023). Most funded fintech startups in India as of September 2023, by funding amount (in million U.S. dollars) [Graph]. In Statista. Retrieved June 03, 2025, from https://www.statista.com/statistics/1378817/india-most-funded-fintech-by-funding-amount/
FinTech News. "Most funded fintech startups in India as of September 2023, by funding amount (in million U.S. dollars)." Chart. October 9, 2023. Statista. Accessed June 03, 2025. https://www.statista.com/statistics/1378817/india-most-funded-fintech-by-funding-amount/
FinTech News. (2023). Most funded fintech startups in India as of September 2023, by funding amount (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 03, 2025. https://www.statista.com/statistics/1378817/india-most-funded-fintech-by-funding-amount/
FinTech News. "Most Funded Fintech Startups in India as of September 2023, by Funding Amount (in Million U.S. Dollars)." Statista, Statista Inc., 9 Oct 2023, https://www.statista.com/statistics/1378817/india-most-funded-fintech-by-funding-amount/
FinTech News, Most funded fintech startups in India as of September 2023, by funding amount (in million U.S. dollars) Statista, https://www.statista.com/statistics/1378817/india-most-funded-fintech-by-funding-amount/ (last visited June 03, 2025)
Most funded fintech startups in India as of September 2023, by funding amount (in million U.S. dollars) [Graph], FinTech News, October 9, 2023. [Online]. Available: https://www.statista.com/statistics/1378817/india-most-funded-fintech-by-funding-amount/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
