India home to 26 fintech unicorns with a combined market value of $90 bn

India’s fintech industry continues to flourish, solidifying its position as a global leader. With a combined market value of $90 billion, India boasts 26 fintech unicorns, including one decacorn, shows data analysed by JM Financial.

Source: Ministry of Finance , Tracxn, State of the Fintech Union 2023 BCG Note: 1) Valuation of $10Bn or higher 2) Valuation $1Bn or higher but less than $10Bn 3) Company that has the potential to turn into a Unicorn in the next 3 years (Valuation $1