1. Coinsecure
- Headquarters: Delhi
- Founding Year: 2014
- Founders: Mohit Kalra, Benson Samuel
Coinsecure needs no introduction, at least not to the Indian audience. It is one of the early movers of Bitcoin and blockchain technology in India.
They provide an easy to use Bitcoin exchange, merchant services, a blockchain explorer, as well as a hosted wallet.
They have a simple and single motto of “Connecting India to Bitcoin”. They seem to be doing just that and show no signs of stopping.
2. SOMISH- Blockchain Solutions
- Offices: New Delhi
- Founding Year: 2006
- Founders: Ish Goel
SOMISH is a
technology and product development company based out of India since 2006
with expertise in building automation systems using cutting-edge
technologies. For over 10 years, they have continuously served top-line
customers with their ability to re-engineer, design, develop and
implement automation systems.
They are now advocating and building the blockchain
based solution in India and rest of the world. Their team is providing
blockchain solutions and has a clear understanding of key tenets behind
Blockchain Technology, having worked on a wide variety of blockchain
use-cases like:
- P2P Insurance
- Aviation Maintenance Log
- Subsidy Distribution
- Crisis Fund Distribution
- Bill Discounting
- Tokenized Fund Transfer
Somish was the winner a London Blockchain Week 2017 and they also organized the September’s India Blockchain week 2017 for which CoinSutra was their blogging partner. If you want to know more about Somish then you should definitely look at this chat between Ish & Harsh.
3. EzyRemit
- Headquarters: Bangalore
- Founding Year: 2015
- Founders: Vishal Kanvaty, Abhijeet Jaswal
As the name suggests, they are working on easy remittances built on top of the blockchain.
They are an innovative company trying to
solve some of the long-standing issues of fintech, banking, and payments
through their flagship blockchain-based products.
Some of their products such as EzyRemit and EzyHedge are also available for demos.
4. Signzy
- Headquarters: Bangalore
- Founding Year: 2015
- Founders: Ankit Ratan, Arpit Ratan, Ankur Pandey
Signzy aims to couple artificial intelligence with the blockchain to make secure, compliant, and user-friendly products.
Their flagship Signzy API enables:
- Improved user experience with multi-device support.
- Faster onboarding using real-time APIs.
- Enhanced security and compliance.
They have three main products:
- RealKYC – Bank-grade digital KYC in real-time
- Digital Contracts – Secured digital contracts enabled by Aadhaar and Biometrics
- ARI – Algorithmic Risk Intelligence
5. Primechain
Primechain is a young Indian startup that aims at “building blockchains for a better world”.
They provide blockchain solutions to
industries such as banking, capital markets, government, healthcare
& pharmaceuticals, insurance, manufacturing, aviation, shipping
& logistics, telecommunications, and defense & military.
They have quite a few blockchain-powered products:
- Primechain CONTRACT
- Primechain API
- Primechain LOAN
- Primechain Charge Registry
- Primechain KYC
- Primechain MONEY
They have also formed a community of banks called BankChain.
6. PSI PHI Blockchain Labs
- Headquarters: Faridabad
- Founding Year: 2016
- Founders: Gaurav Kumar, Harsh Pokharna, Aditya Prasad
This startup is building next-gen
solutions for the digital economy based on distributed ledger
technologies because they believe that the blockchain is going to
revolutionize digital economy.
They mainly work in three key industries:
- Supply Chain
- Telecom
- Healthcare
Their core products are:
- CRYPTO LOCKER – Store and share documents on blockchain using a set of APIs
- DIGI RAIL – Multi-party shared database to optimise supply chain data flow
7. Darwin Labs
- Headquarters: Gurugram
- Founding Year: 2016
- Founders: Ayush Varsheny, Nikunj Jain, Sahil Bhagla
Darwin Labs is building applications
for the blockchain, virtual reality, artificial intelligence, and other
technologies which will help mankind evolve.
To accelerate this process, they run a blockchain startup incubator for Southeast Asia called Satoshi Studio.
They are also working on blockchain-enabled
smart contracts across various industries such as healthcare, banking,
trade finance, insurance, etc. under their flagship initiative Blocksmiths.
8. KrypC
- Headquarters: Bangalore
- Founding Year: 2016
- Founders: Ravi Jagannathan, Karthik Balasubramanian
KrypC makes it possible for various
businesses to implement blockchain tech while providing a platform for
these businesses to quickly do so.
They have developed a proprietary framework
for developers, clients, and IT companies to implement blockchain tech
effectively in less time and with less cost.
They follow a three-step strategy to do this:
- STEP 1 Drag and Drop
Define your innovation in the KrypC
platform by simply dragging and dropping various elements of your
innovative business models.
- STEP 2 Quick API Integration
Connect your business applications through the KrypC API framework.
- STEP 3 Unlock
Let your business team experience and adapt their innovative business models.
9. Sofocole Technologies
- Headquarters: Noida
- Founding Year: 2016
- Founders: Nidhi Chamria
Sofocole is a service-based company that provides blockchain solutions to its clients across the globe.
They provide consultation on wallets, exchanges, private blockchains, and smart contracts products.
Some of their products which are already on the market are:
- SofoCap – Supply chain financing solution
- SofoChain – Product supply chain solution
- SofoInsure – Autonomous claim processing solution
10. Unocoin
- Headquarters: Bangalore
- Founding Year: 2013
- Founders: Sathvik Vishwanath, Sunny Ray
Unocoin is a well-funded Bitcoin wallet based out of India.
They provide a liquidity exchange instead
of a traditional peer-to-peer exchange. One can buy, sell, and store
Bitcoin with Unocoin.
They also provide unique Bitcoin SIP services for its customers with easy to remember Bitcoin addresses via a Netki partnership.
Indian Blockchain Startups
So that’s all from my side in this article of Indian blockchain startups.
If there are any more interesting startups that we haven’t talked about here, do let us know. Note: We have deliberately left a few startups off because they are running ICOs now and we are not yet sure about them.
If you liked the post, then do share it with your friends!
Adios!
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