Top 10 RegTech Startups in India

Top 10 RegTech Startups in India

RegTech, short for Regulatory Technology, refers to the use of technology to streamline and automate regulatory compliance processes within industries such as finance, healthcare, and beyond. With the rapid evolution of regulatory requirements globally, organizations face increasing complexities and challenges in ensuring compliance while managing operational efficiency.

RegTech solutions leverage technologies such as artificial intelligence (AI), machine learning, blockchain, and big data analytics to enhance regulatory compliance. These technologies enable organizations to automate compliance tasks, monitor regulatory changes in real-time, and mitigate risks effectively. By harnessing data-driven insights and automation, RegTech not only reduces compliance costs and human errors but also improves the overall effectiveness of regulatory compliance programs.

In industries like banking and financial services, RegTech solutions are crucial for managing stringent regulations such as anti-money laundering (AML), Know Your Customer (KYC), data privacy laws (e.g., GDPR), and financial reporting standards. These solutions empower organizations to navigate regulatory landscapes more efficiently, thereby fostering trust with stakeholders and ensuring sustainable business operations.

Overall, RegTech represents a transformative approach to regulatory compliance, enabling organizations to adapt proactively to regulatory changes, enhance transparency, and maintain compliance without compromising on innovation and growth. As regulatory requirements continue to evolve, the role of RegTech becomes increasingly indispensable in modernizing compliance frameworks and supporting the long-term resilience of businesses worldwide.

1. Tookitaki

Tookitaki is a leading AI-powered regulatory technology company that specializes in creating sustainable compliance programs for financial institutions globally. Founded in 2014, the company offers solutions that use machine learning and predictive analytics to detect anomalies and mitigate risks in anti-money laundering (AML) and reconciliation processes. Tookitaki’s platform improves operational efficiency and compliance effectiveness, ensuring adherence to regulatory standards while reducing costs. The company has received recognition for its innovative approach to regulatory compliance and has established a strong presence in the financial services industry.

HeadquartersSingapore with operations in India
IndustryRegTech, Financial Technology
SolutionsAML (Anti-Money Laundering) Compliance,
TechnologyAI, Machine Learning
ClientsBanks, Financial Institutions globally
RecognitionNumerous awards for innovation in AML
Key FeaturesPredictive analytics, Automated compliance

Also Read : Top 10  BioTech Startups in India

2. Signzy

Signzy is a digital trust system that enables faster and safer financial transactions through AI-powered digital onboarding and regulatory compliance solutions. Founded in 2015, Signzy leverages blockchain and AI to streamline KYC (Know Your Customer) processes and mitigate fraud risks for banks, NBFCs (Non-Banking Financial Companies), and other financial institutions. The company’s technology reduces manual intervention, enhances customer experience, and ensures compliance with global regulatory standards.

HeadquartersBangalore, India
IndustryRegTech, FinTech
SolutionsDigital Onboarding, KYC Automation,
TechnologyAI, Blockchain
ClientsBanks, NBFCs
AwardsRecognized for innovation in KYC
Key FeaturesBlockchain-based digital trust, AI-driven compliance

Also Read : Top 10 Renewable Energy Startups in India

3. CrediWatch

CrediWatch is an AI-powered financial technology company specializing in real-time credit appraisal and monitoring solutions for businesses. Founded in 2016, CrediWatch uses machine learning algorithms to analyze financial data and provide actionable insights into creditworthiness, helping lenders and businesses manage risks effectively. The platform offers continuous monitoring of financial health, regulatory compliance, and market changes, empowering users to make informed credit decisions in real-time.

HeadquartersMumbai, India
IndustryRegTech, Financial Services
SolutionsCredit Risk Assessment, Compliance
TechnologyAI, Machine Learning
ClientsBanks, NBFCs, Corporates
RecognitionFeatured for innovation in credit risk
Key FeaturesReal-time credit monitoring, AI-driven

Also Read : Top 10  WaterTech Startups in India

4. Regalix Infotech

Regalix Infotech is a pioneering RegTech company specializing in regulatory compliance solutions for the financial sector. Established in 2017, the company offers advanced tools powered by AI and blockchain to streamline compliance processes such as KYC, AML, and regulatory reporting. Regalix Infotech focuses on enhancing operational efficiency and ensuring adherence to global regulatory standards through its innovative technology solutions.

HeadquartersHyderabad, India
IndustryRegTech, Financial Services
SolutionsKYC Automation, AML Compliance,
TechnologyAI, Blockchain
ClientsBanks, Financial Institutions
AwardsRecognized for innovation in KYC and AML
Key FeaturesBlockchain-based compliance, AI-driven

Also Read : Top 10 Waste Management Startups in India

5. Simility

Simility, founded in 2014, specializes in fraud prevention and risk management solutions using machine learning and big data analytics. Acquired by PayPal in 2018, Simility continues to operate as a standalone entity, providing advanced fraud detection capabilities to financial institutions and online merchants globally. The company’s technology enables real-time fraud detection and prevention, ensuring compliance with regulatory requirements while optimizing operational efficiency.

HeadquartersPalo Alto, USA (with operations in India)
IndustryRegTech, Fraud Prevention
SolutionsFraud Detection, Risk Management
TechnologyMachine Learning, Big Data Analytics
ClientsFinancial Institutions, Online Merchants
AcquisitionAcquired by PayPal in 2018
Key FeaturesReal-time fraud prevention, AI-powered

Also Read : Top 10 GreenTech Startups in India

6. Primechain Technologies

Primechain Technologies is a blockchain-focused RegTech company established in 2016, specializing in blockchain-powered solutions for regulatory compliance, KYC, and AML. The company provides blockchain infrastructure and solutions to banks and financial institutions to enhance transparency, security, and compliance efficiency. Primechain Technologies is known for its innovative approach to leveraging blockchain technology for regulatory challenges in the financial industry.

HeadquartersPune, India
IndustryRegTech, Blockchain Technology
SolutionsBlockchain for KYC, AML, Regulatory
ClientsBanks, Financial Institutions
AwardsRecognized for blockchain innovation
Key FeaturesBlockchain-based compliance solutions,

Also Read : Top 10 SpaceTech Startups in India

7. Razorpay

Razorpay, founded in 2014, is a leading fintech company that offers payment gateway solutions and a full-stack financial suite to businesses in India. Beyond payments, Razorpay provides regulatory compliance solutions such as automated GST (Goods and Services Tax) reconciliation and tax compliance services for businesses. The company’s technology-driven approach helps businesses streamline financial operations while ensuring compliance with tax regulations and financial reporting standards.

HeadquartersBangalore, India
IndustryRegTech, Financial Technology
SolutionsPayment Gateway, GST Reconciliation,
TechnologyAI, Machine Learning
ClientsBusinesses across various sectors
RecognitionNotable for innovative payment solutions
Key FeaturesAutomated GST reconciliation, AI-powered

Also Read : Top 10 Mobility as a Service (MaaS) Startups in India

8. Elemential Labs

Elemential Labs, established in 2016, specializes in blockchain infrastructure for financial services, offering solutions that simplify regulatory compliance and data management. The company provides blockchain-powered platforms that enable secure and transparent transactions while ensuring compliance with regulatory requirements. Elemential Labs’ technology is aimed at empowering financial institutions to adopt blockchain for improved operational efficiency and regulatory adherence.

HeadquartersMumbai, India
IndustryRegTech, Blockchain Technology
SolutionsBlockchain Infrastructure, Regulatory
ClientsFinancial Institutions
AwardsRecognized for blockchain innovation
Key FeaturesSecure and transparent transactions,

Also Read : Top 10 Cyber Defense Startups in India

9. Datacultr

Datacultr, founded in 2017, offers IoT (Internet of Things) and AI-driven solutions for financial institutions to manage credit risk and ensure compliance. The company’s platform enables lenders to monitor and secure assets financed through IoT-enabled devices, leveraging AI for predictive analytics and risk management. Datacultr’s innovative technology helps financial institutions mitigate operational risks and comply with regulatory standards while improving loan portfolio management.

HeadquartersNew Delhi, India
IndustryRegTech, IoT
SolutionsIoT-enabled Asset Monitoring, AI-driven
TechnologyIoT, AI
ClientsFinancial Institutions
AwardsRecognized for IoT innovation
Key FeaturesIoT-based asset monitoring, AI-driven risk management

Also Read : Top 10  Legal Services Startups in India

10. Vaultedge

Vaultedge, established in 2016, provides AI-powered solutions for regulatory compliance and data governance to enterprises. The company specializes in automating compliance tasks such as data classification, retention policies, and GDPR (General Data Protection Regulation) compliance. Vaultedge’s technology helps organizations streamline compliance processes, reduce risks associated with data management, and ensure adherence to global regulatory requirements across industries.

HeadquartersBangalore, India
IndustryRegTech, Data Governance
SolutionsAI-driven Compliance Automation, Data
ClientsEnterprises across various industries
RecognitionNotable for GDPR compliance solutions
Key FeaturesAI-driven compliance automation

Also Read : Top 10 Remote Work Startups in India

FAQs on RegTech startups in India

1. What is RegTech?

  • RegTech, short for Regulatory Technology, refers to technology-driven solutions designed to help businesses and industries comply with regulatory requirements more efficiently and effectively. It leverages technologies such as AI, machine learning, blockchain, and big data analytics to streamline regulatory processes, reduce compliance costs, and mitigate risks.

2. Why is RegTech important?

  • RegTech is important because it helps organizations navigate complex and evolving regulatory landscapes with greater ease and accuracy. By automating compliance tasks and providing real-time monitoring of regulatory changes, RegTech enhances operational efficiency, reduces compliance burdens, and ensures adherence to regulatory standards, thereby avoiding penalties and reputational risks.

3. What are the key benefits of using RegTech?

  • Key benefits of RegTech include:
    • Automation: Streamlines compliance processes and reduces manual efforts.
    • Cost Efficiency: Lowers compliance costs by automating repetitive tasks.
    • Risk Mitigation: Identifies and mitigates regulatory risks in real-time.
    • Enhanced Accuracy: Improves accuracy and consistency in compliance reporting.
    • Scalability: Easily scales to accommodate growing regulatory demands.
    • Innovation: Facilitates innovation by freeing up resources for strategic initiatives.

4. Which industries can benefit from RegTech?

  • While initially focused on finance and banking, RegTech solutions are now applicable across various industries such as healthcare, insurance, fintech, legal, and more. Any sector facing regulatory challenges can benefit from RegTech’s capabilities to automate compliance processes and enhance regulatory adherence.

5. What are some examples of RegTech solutions?

  • Examples of RegTech solutions include:
    • AML (Anti-Money Laundering) Compliance Tools: Using AI to detect suspicious activities and ensure compliance with AML regulations.
    • KYC (Know Your Customer) Automation: Streamlining customer verification processes using digital identity verification and data analytics.
    • Blockchain for Regulatory Reporting: Ensuring transparency and immutability in reporting transactions and regulatory data.
    • GDPR Compliance Solutions: Automating data privacy compliance tasks and managing consent requirements.
    • Risk Management Platforms: Using predictive analytics to assess and mitigate regulatory risks in real-time.

6. How does RegTech use AI and machine learning?

  • AI and machine learning are integral to RegTech solutions as they enable predictive analytics, anomaly detection, and pattern recognition. These technologies analyze large volumes of data to identify compliance issues, predict regulatory changes, and optimize compliance strategies. For example, AI can automate monitoring of transactions for suspicious activities in real-time, thereby enhancing AML compliance.

7. What are the challenges associated with implementing RegTech?

  • Challenges may include:
    • Integration Complexity: Integrating RegTech solutions with existing IT infrastructure.
    • Data Privacy Concerns: Ensuring compliance with data protection regulations while using customer data.
    • Regulatory Adaptability: Keeping pace with rapidly changing regulatory requirements.
    • Resource Constraints: Availability of skilled personnel to manage and maintain RegTech solutions.

8. How can businesses evaluate and choose the right RegTech solution?

  • Businesses should consider factors such as:
    • Compliance Needs: Specific regulatory requirements and challenges faced by the organization.
    • Technology Stack: Compatibility with existing IT infrastructure and scalability.
    • Vendor Reputation: Track record, customer reviews, and industry certifications.
    • Integration Capabilities: Ease of integration and support for data security standards.
    • Cost and ROI: Total cost of ownership and potential return on investment in terms of compliance efficiency and risk reduction.

9. What is the future outlook for RegTech?

  • The future of RegTech looks promising as regulatory requirements continue to evolve globally. Innovations in AI, blockchain, and data analytics will further enhance the capabilities of RegTech solutions, making them indispensable for businesses aiming to achieve regulatory compliance while driving innovation and growth.

10. How can RegTech contribute to overall business strategy?
– RegTech not only ensures compliance but also frees up resources and enables businesses to focus on strategic initiatives and innovation. By automating routine compliance tasks, organizations can improve operational efficiency, reduce costs, mitigate risks, and enhance their reputation with stakeholders.


In conclusion, RegTech (Regulatory Technology) stands at the forefront of transforming how businesses navigate and comply with regulatory requirements. As regulatory landscapes become increasingly complex and dynamic, the role of technology in enhancing compliance processes is more crucial than ever.

RegTech solutions leverage advanced technologies such as AI, machine learning, blockchain, and big data analytics to automate and streamline compliance tasks. By doing so, they not only reduce the manual effort and cost associated with compliance but also improve accuracy and timeliness in regulatory reporting. This proactive approach enables businesses to stay ahead of regulatory changes, mitigate risks effectively, and maintain trust and transparency with regulators and stakeholders.

Moreover, RegTech fosters innovation by freeing up resources that can be redirected towards strategic initiatives and business growth. It enables organizations to focus on enhancing customer experience, developing new products and services, and expanding into new markets while ensuring compliance remains robust.

Looking forward, the future of RegTech is promising as technological advancements continue to evolve. Innovations in AI-driven predictive analytics, blockchain for secure transactions, and IoT-enabled monitoring are expected to further enhance the capabilities of RegTech solutions. This evolution will enable businesses across various industries to adopt more agile and efficient compliance frameworks, thereby driving sustainable growth and resilience in an increasingly regulated world.

In essence, RegTech is not just a tool for compliance but a catalyst for transformation, enabling organizations to thrive in a regulatory environment while fostering innovation and driving operational excellence. Embracing RegTech will be essential for businesses seeking to achieve competitive advantage and long-term success in the global marketplace.

Also Read

Leave a Reply

Your email address will not be published. Required fields are marked *