Top 10 Blockchain Startups in india
These top 10 blockchain startups in India are pioneering the adoption of blockchain technology across diverse sectors such as finance, cryptocurrency exchange, enterprise solutions, and decentralized applications. They are instrumental in promoting digital currencies, enhancing security through blockchain infrastructure, and developing custom solutions for businesses and governments alike. Their innovations signify India’s growing influence in the global blockchain landscape, offering robust platforms and services that cater to the evolving needs of modern businesses and users.
1. Unocoin
A leading cryptocurrency exchange platform in India, facilitating Bitcoin transactions and trading. Unocoin is a prominent Indian cryptocurrency exchange platform that facilitates the buying, selling, and trading of Bitcoin. Founded in 2013 by Sathvik Vishwanath and Harish BV, Unocoin has played a pivotal role in the growth of Bitcoin adoption in India. The platform offers a user-friendly interface for users to securely transact with Bitcoin, adhering to regulatory guidelines in India. Unocoin’s services include wallet management, Bitcoin trading, and merchant processing solutions, aiming to make cryptocurrency accessible and mainstream in India’s digital economy.
Table for Unocoin
| Aspect | Details |
|---|---|
| Company Name | Unocoin |
| Industry | Cryptocurrency Exchange |
| Founded | 2013 |
| Founders | Sathvik Vishwanath, Harish BV |
| Headquarters | Bangalore, India |
| Key Products | Cryptocurrency trading platform |
| Key Services | Bitcoin transactions, merchant services, payment gateway |
| Website | www.unocoin.com |
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2. Coinsecure
Provides a Bitcoin exchange platform and related blockchain services. Coinsecure was a prominent Indian cryptocurrency exchange platform that operated until 2018. Founded by Mohit Kalra and Benson Samuel, Coinsecure provided a platform for trading various digital currencies, including Bitcoin, in the Indian market. The exchange aimed to facilitate secure and efficient transactions while adhering to regulatory guidelines. However, Coinsecure faced challenges in 2018 when it reported a significant security breach that resulted in the loss of Bitcoins from its platform. Subsequently, the exchange ceased its operations, impacting its reputation and operations in the cryptocurrency ecosystem.
Table for Coinsecure
| Aspect | Details |
|---|---|
| Company Name | Coinsecure |
| Industry | Cryptocurrency Exchange |
| Founded | Not specified (Operated until 2018) |
| Founders | Mohit Kalra, Benson Samuel |
| Headquarters | Not specified (India) |
| Key Products | Cryptocurrency trading platform |
| Key Services | Buy, sell, and trade cryptocurrencies |
| Status | Ceased operations in 2018 due to security breach |
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3. ZebPay
Offers a cryptocurrency exchange platform supporting various digital currencies. ZebPay is a cryptocurrency exchange platform that allows users to buy, sell, and trade a variety of digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and others. Founded in 2014 by Mahin Gupta, Sandeep Goenka, and Saurabh Agrawal, ZebPay has been a key player in promoting the adoption of cryptocurrencies in India. The platform aims to provide a secure and user-friendly interface for individuals and businesses to engage in cryptocurrency transactions.
Table for ZebPay
| Aspect | Details |
|---|---|
| Company Name | ZebPay |
| Industry | Cryptocurrency Exchange |
| Founded | 2014 |
| Founders | Mahin Gupta, Sandeep Goenka, Saurabh Agrawal |
| Headquarters | Not specified |
| Key Products | Cryptocurrency trading platform |
| Key Services | Buy, sell, and trade cryptocurrencies |
| Website | www.zebpay.com |
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4. WazirX
A cryptocurrency exchange enabling trading of digital assets like Bitcoin and Ethereum. WazirX is a cryptocurrency exchange platform that enables users to buy, sell, and trade various digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and more. Founded in 2017 by Nischal Shetty, Sameer Mhatre, and Siddharth Menon, WazirX provides a secure and seamless platform for individuals to engage in cryptocurrency transactions. The platform also offers features like peer-to-peer (P2P) trading, staking, and decentralized finance (DeFi) integrations to cater to diverse user needs.
Table for WazirX
| Aspect | Details |
|---|---|
| Company Name | WazirX |
| Industry | Cryptocurrency Exchange |
| Founded | 2017 |
| Founders | Nischal Shetty, Sameer Mhatre, Siddharth Menon |
| Headquarters | Mumbai, India |
| Key Products | Cryptocurrency trading platform |
| Key Services | Buy, sell, and trade cryptocurrencies |
| Website | www.wazirx.com |
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5. Koinex
Another cryptocurrency exchange platform in India, supporting multiple cryptocurrencies. Koinex was a digital asset exchange platform that allowed users to buy, sell, and trade a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and more. Founded in 2017 by Rahul Raj, Rakesh Yadav, Aditya Naik, and others, Koinex aimed to provide a secure and user-friendly interface for cryptocurrency transactions in the Indian market. The platform supported multiple trading pairs and offered features like instant deposits and withdrawals to facilitate seamless trading experiences.
Table for Koinex
| Aspect | Details |
|---|---|
| Company Name | Koinex |
| Industry | Cryptocurrency Exchange |
| Founded | 2017 |
| Founders | Rahul Raj, Rakesh Yadav, Aditya Naik, others |
| Headquarters | Mumbai, India |
| Key Products | Cryptocurrency trading platform |
| Key Services | Buy, sell, and trade cryptocurrencies |
| Status | Ceased operations in 2019 |
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6. Primechain Technologies
Specializes in blockchain solutions for banks and financial institutions to enhance security and efficiency. Primechain Technologies focuses on leveraging blockchain technology to enhance security, transparency, and efficiency in various industries, with a particular emphasis on banking and financial services. The company offers blockchain-based solutions that enable organizations to streamline processes, reduce fraud, and improve data management. Primechain Technologies collaborates with banks, financial institutions, and enterprises to implement customized blockchain solutions tailored to their specific needs.
Table for Primechain Technologies
| Aspect | Details |
|---|---|
| Company Name | Primechain Technologies |
| Industry | Blockchain Technology |
| Founded | Not specified |
| Focus | Blockchain solutions for enterprises, financial sector |
| Key Solutions | Blockchain-based security, transparency, data management solutions |
| Clients | Banks, financial institutions, enterprises |
| Website | www.primechaintech.com |
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7. Elemential Labs
Provides blockchain infrastructure solutions for enterprises to build scalable decentralized applications. Elemential Labs focuses on providing blockchain infrastructure solutions designed to enable enterprises to build, deploy, and scale blockchain networks. The company offers a suite of tools and platforms that simplify the development and management of blockchain applications across various industries. Elemential Labs aims to empower organizations with robust, secure, and scalable blockchain solutions that enhance transparency, traceability, and efficiency in business operations.
Table for Elemential Labs
| Aspect | Details |
|---|---|
| Company Name | Elemential Labs |
| Industry | Blockchain Technology |
| Founded | Not specified |
| Focus | Blockchain infrastructure solutions |
| Key Solutions | Tools and platforms for blockchain application development |
| Clients | Enterprises across various industries |
| Website | www.elemential.com |
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8. Somish Blockchain Labs
Offers blockchain development services and solutions across various industries. Somish Blockchain Labs focuses on leveraging blockchain technology to offer development services and solutions across various industries. The company provides end-to-end blockchain solutions, including consulting, development, implementation, and maintenance of blockchain applications. Somish Blockchain Labs aims to empower businesses with secure and scalable blockchain solutions that enhance transparency, efficiency, and trust in digital transactions.
Table for Somish Blockchain Labs
| Aspect | Details |
|---|---|
| Company Name | Somish Blockchain Labs |
| Industry | Blockchain Technology |
| Founded | Not specified |
| Focus | Blockchain development services and solutions |
| Key Services | Consulting, development, implementation, maintenance of blockchain apps |
| Clients | Businesses across various sectors |
| Website | www.somish.com |
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9. Blockchain App Factory
Provides custom blockchain development services and solutions for startups and enterprises. Blockchain App Factory focuses on offering comprehensive blockchain solutions tailored to the needs of startups, enterprises, and governments worldwide. The company provides end-to-end services including blockchain consulting, development, deployment, and maintenance. Blockchain App Factory specializes in creating decentralized applications (dApps), tokenization platforms, smart contracts, and other blockchain-based solutions across various industries.
Table for Blockchain App Factory
| Aspect | Details |
|---|---|
| Company Name | Blockchain App Factory |
| Industry | Blockchain Technology |
| Founded | Not specified |
| Focus | Custom blockchain development services |
| Key Services | Blockchain consulting, development, deployment, maintenance |
| Clients | Startups, enterprises, governments |
| Website | www.blockchainappfactory.com |
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10. Auxledger
Focuses on building blockchain infrastructure and providing customized solutions for enterprises and governments. Auxledger focuses on providing blockchain infrastructure that enables organizations to deploy decentralized applications (dApps) and manage digital identities securely. The company offers a range of blockchain solutions tailored to various industries, including finance, healthcare, supply chain, and government sectors. Auxledger’s platform supports interoperability, scalability, and data privacy, aiming to empower enterprises with efficient and transparent blockchain solutions.
Table for Auxledger
| Aspect | Details |
|---|---|
| Company Name | Auxledger |
| Industry | Blockchain Technology |
| Founded | Not specified |
| Focus | Blockchain infrastructure solutions |
| Key Solutions | Decentralized applications, digital identity management, blockchain platforms |
| Clients | Enterprises, governments |
| Website | www.auxledger.org |
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In conclusion, India’s blockchain ecosystem is thriving with innovation and entrepreneurial spirit, as evidenced by these top 10 startups. They are not only advancing the adoption of blockchain technology but also shaping its applications across various industries. From cryptocurrency exchanges to enterprise solutions and decentralized applications, these startups are at the forefront of transforming digital transactions, enhancing security, and driving efficiencies. As blockchain continues to evolve globally, these Indian startups are poised to play a pivotal role in shaping its future and contributing to the broader digital economy landscape. These startups are at the forefront of leveraging blockchain technology to drive innovation across various sectors in India. For the latest updates and specific details about their products and services, please visit their official websites or refer to recent industry reports.
Also Read:
Top 10 HealthTech Startups in India
Top 10 Fintech Startups in India
Top 10 Agritech Startups in India
Top 10 CleanTech Startups in India
Top 10 InsurTech Startups in India
Top 10 LegalTech Startups in India
Top 10 GovTech Startups in India
Top 10 RetailTech Startups in India
