India Startups funded by Y Combinator (YC) 2026

Groww aims to empower people in India by making financial services simple, transparent and delightful. By leveraging technology, we build reliable and accessible financial services. Groww is India's largest stock broker (in terms of active NSE clients) and the largest distributor of mutual fund SIPs.

The journey of building Razorpay started in 2014, when Harshil Mathur (CEO & Co-Founder) and Shashank Kumar (MD & Co-Founder) witnessed the dismal state of the online payments industry in India then and understood that they have a larger and more important issue to solve. And That was democratizing online payments for Indian businesses, particularly the underserved market, Startups and SMEs. Over the last 9 years, Razorpay has evolved from a single-product company to a multi-product company, from an online payment gateway to India’s only full-stack financial solutions company, offering payments and banking solutions to businesses. Razorpay today is transforming age-old complexities and changing every known paradigm of money movement for disruptive businesses. Over the last couple of years, Razorpay’s growth has evolved to be an index of India’s digital economy. From a kirana shop in Kashmir collecting payments on our POS device to a textile exporter in Kanyakumari accepting dollars through our International Payments product, Razorpay has revolutionised how businesses have traditionally transacted and interacted with money. Razorpay became the first and only Indian fintech to build a full-stack international Payment Gateway ‘Curlec by Razorpay’ and evolved into a comprehensive provider of payment solutions, leveraging the synergy between cutting-edge technological capabilities and a profound understanding of the local payment ecosystem. The introduction of the new Curlec Payment Gateway aims to cater to a wide spectrum of businesses, expanding its reach to over 5,000 establishments. Be it for international expansion or solving for Indian businesses, for Razorpay, the customer has always been at the core of all disruption, from addressing evolving needs to delivering new solutions. This hyperfocus helped bring Razorpay’s several industry-first innovations into the market since 2014. Razorpay became the first to launch a completely digital on-boarding process for startups, first to launch support for UPI, first to launch support for Bharath QR, first to introduce recurring payments for businesses through Razorpay Route, automating payment receipts and later automate payouts and making the entire process seamless and optimized and many more were introduced aling the way. Other firsts include: - First to launch India’s Multi-Network Tokenisation solution, TokenHQ - Razorpay became India’s first payment gateway to support credit cards on UPI - Razorpay also became India’s largest omnichannel payment gateway for businesses post acquiring Ezetap which is India’s leading offline POS company that was founded with the aim to simplify the in-person offline payments experience. Over the years, Razorpay’s valuation has jumped from $1 billion to $7.5 billion and has added a host of marquee investors to its captable. Razorpay is also the second Indian company to be a part of Silicon Valley’s largest tech accelerator, Y Combinator. Marquee investors such as Lone Pine Capital, Alkeon Capital, TCV, GIC, Tiger Global, Sequoia Capital India, Ribbit Capital, Matrix Partners, Salesforce Ventures, Y Combinator, and MasterCard have invested a total of $741.5 Mn through Series A, B, C, D, E and F funding. The last financing round of Series F led the company’s valuation to $7.5 Billion signaling one of the fastest increases in valuation for an Indian Unicorn. Razorpay has also made acquisitions with like-minded companies over the last 9 years. In total, till date, Razorpay has made eight acquisitions, Billme in 2023 - A Digital invoice and customer Engagement, Ezetap in 2022 - India’s leading offline POS company, PoshVine in 2022 - India’s leading loyalty and reward management platform, IZealiant in 2022 - A mobile-first, API-enabled, and cloud-ready payment solution and made its first international foray in South-East Asia by announcing its acquisition of Curlec in 2022 - A recurring payments platform. TeraFin Labs in 2021 - the AI-based SaaS platform that facilitates digital financing solutions, Opfin (Now RazorpayX Payroll) in 2019 - The payroll management solution and Thirdwatch in 2019, the first acquisition - The AI-powered fraud detection platform. All these efforts are being done in collaboration with banks, regulators, and stakeholders so that India can build a better place for small and big businesses. Today, Razorpay powers online payments for 76 Of 100 startup unicorns and millions of businesses in India. The core premise of what Razorpay was founded in 2014 and what it is today hasn’t changed. It is to make money movement simpler and easier, whether it is for businesses to receive money, send money, or manage money.

Mantys helps SaaS companies calculate and forecast their ARR accurately in real time without using multiple spreadsheets. For example, NextBillion uses Mantys to pull data from HubSpot and Chargebee and create real-time views of their Contracted ARR, Billed ARR, Churn, and forecasted ARR

GoSats is a bitcoin rewards app. We help people accumulate free bitcoin as cashbacks and rewards every time they shop in India.

Kaagaz is an 'Office' Suite for Mobile-first Businesses in India. With Kaagaz, these users can manage all the document requirements for their business using their smartphone itself, without needing a Desktop. We have an active user base of 3Mn+ users and paid users north of 60,000+ - growing every month. With over 200M such businesses in India, at $15/year subscription price, this a $3B opportunity in India & much larger globally. We are a team of 2nd time entrepreneurs having scaled the pervious startup to $1M in GMV. We are backed by YCombinator, Goodwater Capital, Pravega Venture, Better Capital & other investors including Alan Rutledge (TrendMD) and Farid Ahsan (Sharechat)

India’s insurance market is filled with bygone products, which do not cater to 95% of the market's demand for specific products such as illness-specific insurance, primary care with insurance, and surgical insurance to name a few. We, at IMT, aim to target this white space by creating innovative products that fulfill this new demand by empowering the agents. Agents are the largest insurance distribution channel in India and cover 85% of the premium collection. Agents collect 20B premium every year. With a 5% take rate, it’s a 1B dollar market opportunity growing at 22% CAGR. Kunal has 15+ years of experience working with insurance companies and building agent networks, while he scaled his brokerage business to 3M dollars in revenue. Rachit has 12+ years of experience in building tech products, he was a founding engineer at Payu (stripe of India).

More than 150 million people in India are not able to access formal Credits in India either because of lack of financial data or low credit scores. We use Alternative Credit scoring models to provide a Pay Later option on UPI to a wider audience.

You can buy or share our bicycles and e-bikes for health, fitness, and mobility. Today, our bikes can be found in hundreds of communities across Bangalore, Mumbai, Delhi NCR and Pune.

Betterhalf is India's first and only matrimony app without parents. We are the first and only marriage super app in India offering end-to-end matrimony and wedding products to urban Indians, who are the primary decision makers for their marriage and wedding decisions, unlike their parents who were in the driver's seat a decade ago. Our ecosystem of products on marriage - matchmaking, courtship and wedding in one super app - and focused on the correct audience - high income, higher age urban working professionals of India who are located in 30 tier-1 cities of India makes Betterhalf product a winning combination. Our flagship product - matrimonial matchmaking - offers these users the world's fastest matching in a single click (US Patent No. 16/777,773). This matching technology is faster than Tinder and more accurate than eHarmony / Shaadi.com.

Imagine doing personalised workouts with a fitness coach, but for school subjects. Students log into their session that has been scheduled with their coach, they can see their learning workout for the day. Their workout typically consists of watching an interactive video, writing explanations, giving feedback to other students, making an explainer video etc. They get constant feedback and encouragement from the coach and progress only after they have understood the pre-requisites.

Spenny is the Acorns for India. Every time a user make any digital transaction, we round off the amount to the nearest 10 INR and invest it for them into a diversified portfolio, automatically. 400M millennials in India don't invest because they don't have enough time, knowledge or access to large capital. With Spenny, they just connect the card and invest every time they spend. We're growing 67% WoW since launch, with 3,000+ users and $15,000 in AUM. Indians put $500Bn into their bank accounts annually. We charge 1.75% of the AUM for investments. That's a direct ~$9Bn market in India alone. Potentially every time a user makes a transaction, we make money. And in that sense, the timing for Spenny couldn't have been better: 1 Trillion+ transactions are expected in 2021 because of factors like Whatsapp launching its P2P payments in India for its 400M users. And the emergence of UPI means every Indian has a virtual bank account now. More interesting revenue models develop from the transaction data insights of our users. We analyse the rich data to A) up-sell more financial products like insurance etc., and B) create brand loyalty programs & partnerships. We acquire customers at minimal CAC by bank partnerships. We leverage the banks' existing users, by integrating with their mobile app. In turn, we invest into their mutual funds. Our long-term vision is to become a one-stop asset management solution for millennials.

EduRev is like a Netflix for Education with a layer of social networking. We want to make the process of education and learning so good that you (and your kids) don’t feel the need to go to a school/college/coaching. EduRev stands for Education Revolution and we are looking to achieve nothing less. EduRev has over 7 million students and adds around 10 new users each minute. We are backed by the iconic American VC Y Combinator, Artiman Ventures and even angel investors like Anand Chandrashekaran, Austen Allred, Martin Basiri to name a few. We won the Best App award (for learning) by Google, mBillionth award by Bill and Melinda Gates, and even won Startup of the Year by TieCon. Android App: https://play.google.com/store/apps/details?id=com.edurev Website: http://edurev.in/ iOS App (beta): https://apps.apple.com/in/app/edurev/id1529835494

Kosh is a digital lending platform in India, empowering blue-collar workers with a unique joint liability model (much like microfinance but for a different segment). The social component of their underwriting helps control credit risk significantly and lower CAC/Opex in one go, making this 150mn-strong segment credit-worthy.

TagMango is building a SAAS tool to enable edutainment creators create monetisation channels by creating paid and scalable communities. Anyone who has a skill-set, talent and an engaged audience can build their community on TagMango and provide exclusive services, learnings and content.

We are Pulse Active Stations Network and are setting up a network of connected IOT-enabled “Make in India” Smart Health Machines known as the Pulse Active Stations Network. We have conducted over 600,000 Health Check-ups and through our Pulse Active Station Smart Health Machines, we conduct mass screening for NCD risk factors such as Obesity, Hypertension and other factors to empower people to take informed decisions for theirs and their family's health.

Today, over 50 million SMBs issue informal credit in India, This is a hugely manual process which they spend hours tracking, reconciling, and collecting! The 50M SMBs in India account for 40% of the nation’s GDP. As much as 60% of their sales happen on credit. That’s ~24% of the country’s GDP (500B$) lying on paper! OKCREDIT as a company came into existence to start solving the most important problem of credit recovery in MSMEs. We as first movers developed a bookkeeping app that would help any merchant sitting at the remotest corner of the country with internet connectivity to record his transactions digitally. We helped them track the credit given to their customers and suppliers. With our Okcredit app a merchant can track the amount of credit given, monitor credit limit, send reminders and eventually can collect faster from their customers. So as a company our vision was to bring the data dark merchants onto the digital platform. We have changed the way the MSMEs record the transactions and eased their life today.

ZiffyHomes is a living solace for young professionals with beautiful living spaces, vibrant community, excellent services and full time support to all our customers. We work towards providing the highest standards of living for young professionals and saving them from woes of house hunt. We wish to provide a space for them where they can flourish. Founded by Saurabh Kumar & Sanchal Ranjan where they are fascinated about formation of communities around both living and working spaces in a country like India for the last 15 years of their educational and corporate lifetimes and now fostering India's first physical social network via co-living. Join us on our journey of excited times ahead. Visit us at www.ziffyhomes.com or follow our progress on: Facebook: https://www.facebook.com/ziffyhomes/ Twitter: https://twitter.com/ZiffyHomes Instagram: https://www.instagram.com/ziffyhomes/

Cashfree is a next-generation payments company for Indian businesses. Cashfree helps 50,000+ businesses collect and send money with solutions such as an easy to integrate payment gateway that supports instant settlements & refunds; Payouts - an API banking platform for bulk disbursals; a split payment solution for marketplaces; a Bank Account Verification API; a dedicated UPI stack for businesses and Auto Collect - a virtual account solution to match inbound payments to customers. It counts Xiaomi, Nykaa, Zomato, Zoomcar, Cred, Swiggy, Shell, Zepto, Dunzo as well as donation platforms like Ketto and Milaap amongst its customers. Cashfree is a licensed payment aggregator in India and works with all leading banks to build the core payments and banking infrastructure that powers Cashfree’s products. Cashfree is also integrated with major platforms like Shopify, Wix, Paypal, Amazon Pay, Ola Money and Google Pay.

Dost is an ed-tech nonprofit building a platform to expand access to early childhood development in low-resource settings through parent education. Our mission is to unlock children’s full potential by focusing on early learning - the time when 90% of our brains develop. We believe that parents of any literacy level can play a critical role in developing their children’s school and life readiness. In India alone, there are 150 million under-resourced caregivers who can benefit from resources developed for them. That’s why our team at Dost Education - educators, entrepreneurs, and engineers - are passionate about using technology and user-centric product design to change the trajectory of families’ lives. Since 2017, we’ve grown from a small pilot with a few hundred mothers, to reaching over 100,000 families working with state governments. Join us as we continue to innovate, grow our reach, and deepen our impact. We are supported by some of the best funders in tech and social impact space like Y Combinator, Mulago, and many others. Dost Education values diversity. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

GoLorry offers transport and logistics services to its clients. It was founded in 2015 and conducts operations in California and Hyderabad.

RedCarpet issues credit cards to those that banks cannot see. Currently we are one of the largest issuers of credit lines to the new-to-credit customer in India. In a population base of 800 million people with bank accounts, there are less than 40 million credit cards. By building a fullstack SDK for card issuance, underwriting as well as holding capital & collection ops, we are looking to build the Capital One of India.

Cheq is a modern UPI payments app for NRIs and international citizens visiting India. Using Cheq, you can pay digitally at over 55mn+ merchants across India. We help tourists avoid ATMs and minimize their foreign exchange costs while in India.

Credit building platform for next billion users. We offer digital credit card over UPI

Able is a career app for pre and early professionals. Professionals can build their profiles, apply for jobs, prepare for interviews and get upskilled with our training programs.

Why did we pick this idea to work on? India is a country with 200 mln vehicles (about the same number as USA) but one third the number of gas stations(60K) as compare to USA(160K), The consequence of odd number of fuel stations is long queues of vehicles at the gas stations to fill up, heavily congested Indian roads make it worse. Opening of 100K new fuel stations is practically & economically impossible in urban localities due to rocketing high land prices. And that's how the idea of mobile refueling was conceptualized by founders. Literally "bringing the gas stations to doorsteps". The problem of buying fuel is much more alarming in large volume consumer segments such as Vehicle fleet users like schools, cab rentals, freight logistics operators , tours and travels operators, hospitals, hotels, real estate etc who burn huge amount of dead mileage & loss of productivity while sending all fleet vehicles to gas stations to fill up. Additionally, India has a unique problem of Electricity blackouts. Current avg. is less than 18 hours of a day of electricity in Indian metro cities, which causes more than 20 mln household and commercial buildings running on backup generators which require Diesel. They cant bring the generators to gas stations either therefore they buy Diesel in jerry cans or barrels and transport unsafely. Our solution is solving the desperate & daily need of Indian consumers along with convenience. Do we have domain expertise in this area? Founder is ex veteran of Shell with 9 years of global experience, has complete understanding Oil marketing business. How do you know people need what you're making? We have over 5000 registred large volume customers who are waiting to be served. With our limited number of refueling vehicles ,we could serve max 1200 customers currently. We got all these customers without spending a penny in marketing and promotion. Zero sales efforts. Additionally, we have received over 400 franchisee requests across India where people want to offer mobile refueling service their town validating the demand.

Seawise Capital is a trade finance company for Indian exporters. We provide SME's working capital against the strength of their international customers. We are able to provide these businesses with collateral-free capital by discounting invoices from their large overseas customers.

LotusPay was acquired by Juspay in Jan 2024. LotusPay is the recurring payments solution for businesses in India. We enable our clients to quickly and easily collect payments directly from their user's bank accounts via paperless NACH Debit. LotusPay is perfect for collecting loan repayments, membership fees, subscription and billing, recurring donations, tuition fees - any kind of regular or irregular payment, be it a fixed amount or variable amount. LotusPay is backed by Y Combinator.

Innov8 Coworking is a Y- Combinator backed workspaces and community startup based in India. We provide Premium workspaces (Managed Private Offices and Coworking Spaces). Innov8 Coworking is the first of its kind Thought space in India. We encourage community engagement of like-minded individuals from any space, whether they are founders, investors, freelancers, creators or just want to work in a highly productive zone. Innov8 boasts of the most premium work culture, ergonomically and innovatively We currently have centres across India - Delhi, Noida, Gurgaon, Mumbai, Bangalore and Chandigarh.