1. WazirX

founded in 2017 and based in Mumbai, is India’s largest cryptocurrency exchange platform. It offers a secure and seamless trading experience for cryptocurrencies, allowing users to buy, sell, and trade digital assets.

Founded 2017
Headquarters Mumbai
Industry Cryptocurrency exchange
Specialty Blockchain-based trading platform
Innovation Decentralized finance (DeFi)

2. Matic Network (now Polygon)

Matic Network, rebranded as Polygon, was founded in 2017 in Mumbai. It is a Layer 2 scaling solution for Ethereum, enhancing blockchain scalability and interoperability. Polygon’s technology aims to improve transaction speeds and reduce costs for decentralized applications (dApps).

Founded 2017
Headquarters Mumbai
Technology Layer 2 scaling for Ethereum
Focus Blockchain scalability
Innovation dApp development support

3. Unocoin

 launched in 2013 and headquartered in Bengaluru, is India’s oldest cryptocurrency exchange platform. It provides a secure platform for buying, selling, and storing cryptocurrencies such as Bitcoin, Ethereum, and Ripple.

Founded 2013
Headquarters Bengaluru
Industry Cryptocurrency exchange
Products Bitcoin, Ethereum, Ripple trading
Innovation Blockchain-based financial services

4. ZebPay

founded in 2014 and based in Ahmedabad, is another prominent cryptocurrency exchange platform in India. It offers a user-friendly interface for trading cryptocurrencies and supports blockchain-based financial services.

Founded 2014
Headquarters Ahmedabad
Specialty Cryptocurrency trading platform
Focus Blockchain-based finance
Innovation Customer-centric trading experience

5. CoinDCX

 established in 2018 in Mumbai, is a versatile cryptocurrency trading platform. It provides a range of services including spot trading, futures trading, lending, and staking for various digital assets.

Founded 2018
Headquarters Mumbai
Services Spot trading, futures, lending, staking
Focus Blockchain-based financial products
Innovation Comprehensive trading solutions

6. InstaDApp

 founded in 2018 and headquartered in Bengaluru, is a decentralized finance (DeFi) platform built on Ethereum. It offers tools for users to manage, optimize, and interact with DeFi protocols in a unified interface.

Founded 2018
Headquarters Bengaluru
Platform DeFi management tools
Specialty Ethereum-based smart contracts
Innovation Integrated DeFi solutions

7. Cashaa

launched in 2016 in London with operations in Delhi, provides blockchain-based banking services. It offers international money transfers, business accounts, and cryptocurrency wallets leveraging blockchain technology.

Founded 2016
Headquarters London (Operations in Delhi)
Services International money transfers, business accounts
Focus Blockchain-based banking solutions
Innovation Cross-border financial services

8. MobiKwik

founded in 2009 and based in Gurugram, is a digital wallet and payment gateway that has integrated blockchain technology. It facilitates secure transactions and offers blockchain-based financial products.

Founded 2009
Headquarters Gurugram
Products Digital wallet, payment gateway
Specialty Blockchain-integrated services
Innovation Secure digital transactions

9. Somish Blockchain Labs

 established in 2016 in Delhi, specializes in blockchain development services. It offers custom blockchain solutions, smart contracts, and decentralized applications (dApps) across industries.

Founded 2016
Headquarters Delhi
Services Blockchain development, smart contracts
Focus Customized blockchain solutions
Innovation Industry-specific dApps

10. Koinex

founded in 2017 and based in Mumbai, was a prominent cryptocurrency exchange platform in India. It provided a robust platform for trading digital assets and played a key role in blockchain adoption.

Founded 2017
Headquarters Mumbai
Industry Cryptocurrency exchange (ceased operations)
Legacy Pioneering blockchain adoption
Innovation Early blockchain trading platform

FAQs about Top 10 Blockchain Startups in India

Q: What is a blockchain startup?

A: A blockchain startup is a company that utilizes blockchain technology to create innovative solutions across various industries. These startups develop decentralized applications, cryptocurrency exchanges, smart contracts, and more.

Q: How do blockchain startups benefit businesses?

A: Blockchain startups benefit businesses by enhancing security, transparency, and efficiency in operations. They enable secure transactions, data immutability, and decentralized governance, fostering trust and reducing costs.

Q: Are blockchain startups regulated in India?

A: Yes, blockchain startups in India are subject to regulatory frameworks concerning cryptocurrency trading, data privacy, and compliance with financial regulations. They must adhere to guidelines set by government bodies to ensure legal operations.

Q: Are blockchain transactions secure?

A: Blockchain transactions are secured through cryptographic algorithms and consensus mechanisms, ensuring data integrity and protection against tampering. Users should follow best practices for wallet security and transaction verification.

Q: How can businesses adopt blockchain technology?

A: Businesses can adopt blockchain technology by partnering with blockchain startups that offer development services, consulting, and blockchain-based solutions tailored to specific industry needs. Implementing blockchain can streamline processes and unlock new opportunities for growth.

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