Fintech: India
This is a collection of articles archived for the excellence of their content. |
Contents |
Digital lending
2012- 23
See graphic:
Growth of digital lending in India, 2012- 23
India and the world
2019, 2020

From: April 6, 2021: The Times of India
See graphic:
Fintech investments in India and the world, 2019, 2020
Investments in India
2018-21

From: Aug 17, 2021: The Times of India
See graphic:
Fintech investments in India, 2018-21
2021-2024
March 20, 2025: The Times of India
India’s Fintech Landscape
Investments & Emerging Trends
Mirroring a global downtrend, India’s fintech sector saw a slight dip in funding in 2024. However, key trends like AI-driven solutions and digital lending continue to attract investors and drive growth.
■ Investments in India’s fintech sector fell slightly from $4.4bn in 2023 to $4.1bn in 2024 amid global economic uncertainties
■ India accounted for the largest share of the total fintech investment in the Asian region in 2024
Total funding activity (VC, PE and M&A) in fintech in APAC 2021–2024
Graph Legend:
Deal value (in $bn) – blue bars
Deal count – blue line
Quarterly Data:
Q1 2021: $3.8bn
Q2 2021: $6.9bn
Q3 2021: $7.8bn
Q4 2021: $11.5bn
Q1 2022: $36.9bn
Q2 2022: $7.0bn
Q3 2022: $5.0bn
Q4 2022: $4.8bn
Q1 2023: $2.4bn
Q2 2023: $2.3bn
Q3 2023: $2.5bn
Q4 2023: $3.2bn
Q1 2024: $3.4bn
Q2 2024: $3.9bn
Q3 2024: $2.7bn
Q4 2024: $1.6bn
MAJOR FINTECH DEALS IN INDIA (H2 2024)
DMI Finance (Delhi) $334mn (lending)
Niwas Housing Finance (Mumbai) $209mn (lending)
Mintifi (Mumbai) $180mn (B2B financing)
Finova Capital (Jaipur) $135mn (lending)
Source: KPMG