Here are the top 10 blockchain startups in India, highlighting their core business models and unique features:
1. Polygon (Matic)
| Feature | Details |
|---|---|
| Founded | 2017 |
| Headquarters | Bangalore |
| Description | Platform for Ethereum scaling and infrastructure development. |
| Key Features | High scalability (65,000 TPS), SDKs and APIs for dApp development, PoS validators, interoperability with Ethereum. |
| Website | polygon.technology |
Overview: Polygon, formerly known as Matic Network, is a leading platform for Ethereum scaling and infrastructure development. It uses a combination of Plasma framework and Proof-of-Stake (PoS) blockchain to facilitate scalable, secure, and instant blockchain transactions.
Key Features:
- High transaction throughput (up to 65,000 transactions per second).
- SDKs and APIs for decentralized application (dApp) development.
- Network of PoS validators ensuring security.
- Interoperability with Ethereum and other blockchains.
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2. WazirX
| Feature | Details |
|---|---|
| Founded | 2017 |
| Headquarters | Mumbai |
| Description | Leading cryptocurrency exchange in India. |
| Key Features | Multi-platform access (Android, iOS, Mac, desktop), WRX token, P2P engine, Smart Token Fund (STF), acquired by Binance. |
| Website | wazirx.com |
Overview: WazirX is a prominent cryptocurrency exchange in India, known for introducing the WazirX token (WRX) and the WazirX P2P auto-matching engine.
Key Features:
- Supports multiple platforms (Android, iOS, Mac, desktop).
- Smart Token Fund (STF) for portfolio management.
- Acquired by Binance.
- Facilitates fiat-to-crypto transactions with P2P engine.
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3. Deqode
| Feature | Details |
|---|---|
| Founded | 2012 (pivoted in 2019) |
| Headquarters | Indore |
| Description | Provides enterprise blockchain solutions for various industries. |
| Key Features | dq.wallet, dq.track, dq.pay solutions, global reach, extensive industry experience. |
| Website | deqode.com |
Overview: Deqode provides enterprise blockchain solutions to help businesses integrate blockchain technology into their operations, focusing on sectors like fintech, supply chain, and healthcare.
Key Features:
- Enterprise blockchain solutions for various industries.
- Global reach and industry experience.
- dq.wallet, dq.track, dq.pay solutions for wallet services, supply chain tracking, and payments.
Also Read: Top 10 Blockchain Startups in india
4. Bitdeal
| Feature | Details |
|---|---|
| Founded | 2016 |
| Headquarters | Madurai |
| Description | Comprehensive blockchain development services, including crypto exchange scripts and wallets. |
| Key Features | Cryptocurrency exchange development, P2P exchange, DApp development, various wallet services. |
| Website | bitdeal.net |
Overview: Bitdeal is known for its comprehensive blockchain development services, including cryptocurrency exchange scripts, wallet development, and decentralized application (DApp) development.
Key Features:
- Cryptocurrency exchange development and scripts.
- P2P exchange platforms.
- Development of various types of crypto wallets.
- Expertise in creating decentralized applications.
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5. CoinDCX
| Feature | Details |
|---|---|
| Founded | 2018 |
| Headquarters | Mumbai |
| Description | Major cryptocurrency exchange providing trading and investment services. |
| Key Features | Instant transactions, high liquidity, wide range of cryptocurrencies, robust security. |
| Website | coindcx.com |
Overview: CoinDCX is a major cryptocurrency exchange providing a wide array of crypto trading and investment services, including margin trading, lending, and staking.
Key Features:
- Instant deposit and withdrawal services.
- High liquidity for smooth trading experiences.
- Supports a vast selection of digital assets.
- Robust security measures to protect user assets.
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6. Zebi
| Feature | Details |
|---|---|
| Founded | 2015 |
| Headquarters | Hyderabad |
| Description | Provides blockchain-based data solutions ensuring data integrity and security. |
| Key Features | Zebi AI Chain, data security and integrity solutions, real-time data access. |
| Website | zebi.io |
Overview: Zebi specializes in providing blockchain-based data solutions that ensure data integrity and security for industries such as government, hospitality, and education.
Key Features:
- Zebi AI Chain combining blockchain and AI.
- Data security and integrity solutions.
- Real-time access to secure data.
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7. Instadapp
| Feature | Details |
|---|---|
| Founded | 2018 |
| Headquarters | Hyderabad |
| Description | DeFi platform simplifying the management of DeFi assets and protocols. |
| Key Features | Unified interface for DeFi protocols, automated asset management, enhanced user experience. |
| Website | instadapp.io |
Overview: Instadapp is a DeFi platform that simplifies the management of DeFi assets and protocols through a unified smart wallet interface.
Key Features:
- Single interface for multiple DeFi protocols.
- Automated asset management tools.
- Enhanced user experience for managing DeFi assets.
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8. Nuo Network
| Feature | Details |
|---|---|
| Founded | 2018 |
| Headquarters | Mumbai |
| Description | DeFi application connecting lenders and borrowers through smart contracts. |
| Key Features | DeFi lending and borrowing, digital banking services (Juno), USDC stablecoin interest. |
| Website | nuo.network |
Overview: Nuo Network is a DeFi application connecting lenders and borrowers through smart contracts, offering a decentralized platform for financial services.
Key Features:
- Facilitates DeFi lending and borrowing via smart contracts.
- Digital banking services using the Nuo protocol.
- USDC stablecoin with interest earnings.
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9. Suffescom Solutions
| Feature | Details |
|---|---|
| Founded | 2013 |
| Headquarters | Mohali |
| Description | Provides tailored blockchain development solutions, including NFT marketplaces and Play2Earn game platforms. |
| Key Features | Custom blockchain projects, interactive mobile apps, diverse blockchain applications. |
| Website | suffescom.com |
Overview: Suffescom provides tailored blockchain development solutions, including NFT marketplaces, Play2Earn game platforms, and various cryptocurrency-based initiatives.
Key Features:
- Custom development for innovative blockchain projects.
- Expertise in developing interactive mobile apps and platforms.
- Extensive experience in diverse blockchain applications.
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10. Knackroot Technologies
| Feature | Details |
|---|---|
| Founded | 2017 |
| Headquarters | Pune |
| Description | Offers blockchain consulting and development services, focusing on smart contracts and crypto exchanges. |
| Key Features | Blockchain consulting, smart contract development, crypto wallet and trading bot services. |
| Website | knackroot.com |
Overview: Knackroot Technologies offers blockchain consulting and development services, focusing on smart contracts, private and public blockchains, and crypto exchanges.
Key Features:
- Blockchain consulting services for businesses.
- Development and deployment of smart contracts.
- Services for crypto wallet development and trading bots.
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Frequently asked questions (FAQs) and answers for each of The Top 10 Blockchain startups in India:
1. Polygon (Matic)
Q: What is Polygon?
A: Polygon, formerly known as Matic Network, is a platform for Ethereum scaling and infrastructure development.
Q: What problem does Polygon solve?
A: Polygon addresses Ethereum’s scalability issues, enabling faster and cheaper transactions.
Q: How many transactions per second can Polygon handle?
A: Polygon can handle up to 65,000 transactions per second.
Q: Is Polygon compatible with other blockchains?
A: Yes, Polygon is interoperable with Ethereum and other blockchains.
Q: What are some key features of Polygon?
A: High scalability, PoS validators, SDKs and APIs for dApp development.
2. WazirX
Q: What is WazirX?
A: WazirX is a leading cryptocurrency exchange in India.
Q: What is WRX?
A: WRX is the native token of WazirX.
Q: Can I trade fiat currency on WazirX?
A: Yes, WazirX facilitates fiat-to-crypto transactions through its P2P engine.
Q: Which platforms is WazirX available on?
A: WazirX is available on Android, iOS, Mac, and desktop.
Q: Has WazirX been acquired by another company?
A: Yes, WazirX was acquired by Binance.
3. Deqode
Q: What does Deqode specialize in?
A: Deqode provides enterprise blockchain solutions.
Q: Which industries does Deqode serve?
A: Deqode serves industries like fintech, supply chain, and healthcare.
Q: What are some products offered by Deqode?
A: Deqode offers dq.wallet, dq.track, and dq.pay solutions.
Q: When was Deqode founded?
A: Deqode was founded in 2012 and pivoted to blockchain in 2019.
Q: Where is Deqode headquartered?
A: Deqode is headquartered in Indore, India.
4. Bitdeal
Q: What services does Bitdeal offer?
A: Bitdeal offers blockchain development services, including cryptocurrency exchange scripts and wallet development.
Q: Does Bitdeal develop decentralized applications (DApps)?
A: Yes, Bitdeal develops decentralized applications.
Q: What types of exchanges can Bitdeal develop?
A: Bitdeal can develop centralized and decentralized P2P exchange platforms.
Q: Where is Bitdeal headquartered?
A: Bitdeal is headquartered in Madurai, India.
Q: When was Bitdeal founded?
A: Bitdeal was founded in 2016.
5. CoinDCX
Q: What is CoinDCX?
A: CoinDCX is a major cryptocurrency exchange in India.
Q: What services does CoinDCX offer?
A: CoinDCX offers trading, margin trading, lending, and staking.
Q: Is CoinDCX known for its security?
A: Yes, CoinDCX employs robust security measures to protect user assets.
Q: Can I trade multiple cryptocurrencies on CoinDCX?
A: Yes, CoinDCX supports a wide selection of digital assets.
Q: Where is CoinDCX headquartered?
A: CoinDCX is headquartered in Mumbai, India.
6. Zebi
Q: What does Zebi specialize in?
A: Zebi specializes in blockchain-based data solutions.
Q: What industries does Zebi serve?
A: Zebi serves industries like government, hospitality, and education.
Q: What is the Zebi AI Chain?
A: The Zebi AI Chain combines blockchain and AI to ensure data integrity and security.
Q: Where is Zebi headquartered?
A: Zebi is headquartered in Hyderabad, India.
Q: When was Zebi founded?
A: Zebi was founded in 2015.
7. Instadapp
Q: What is Instadapp?
A: Instadapp is a DeFi platform that simplifies the management of DeFi assets and protocols.
Q: How does Instadapp enhance user experience?
A: Instadapp offers a unified interface for multiple DeFi protocols and automated asset management tools.
Q: Can I manage multiple DeFi protocols on Instadapp?
A: Yes, Instadapp allows users to manage multiple DeFi protocols through a single interface.
Q: Where is Instadapp headquartered?
A: Instadapp is headquartered in Hyderabad, India.
Q: When was Instadapp founded?
A: Instadapp was founded in 2018.
8. Nuo Network
Q: What is Nuo Network?
A: Nuo Network is a DeFi application connecting lenders and borrowers through smart contracts.
Q: What services does Nuo Network offer?
A: Nuo Network offers DeFi lending and borrowing, as well as digital banking services.
Q: What stablecoin does Nuo Network use?
A: Nuo Network uses USDC stablecoin with interest earnings.
Q: Where is Nuo Network headquartered?
A: Nuo Network is headquartered in Mumbai, India.
Q: When was Nuo Network founded?
A: Nuo Network was founded in 2018.
9. Suffescom Solutions
Q: What does Suffescom Solutions specialize in?
A: Suffescom Solutions provides tailored blockchain development solutions.
Q: What are some projects Suffescom works on?
A: Suffescom works on NFT marketplaces, Play2Earn game platforms, and various cryptocurrency-based initiatives.
Q: When was Suffescom Solutions founded?
A: Suffescom Solutions was founded in 2013.
Q: Where is Suffescom Solutions headquartered?
A: Suffescom Solutions is headquartered in Mohali, India.
Q: Does Suffescom develop mobile apps?
A: Yes, Suffescom develops interactive mobile apps and platforms.
10. Knackroot Technologies
Q: What services does Knackroot Technologies offer?
A: Knackroot Technologies offers blockchain consulting and development services.
Q: What areas does Knackroot focus on?
A: Knackroot focuses on smart contracts, private and public blockchains, and crypto exchanges.
Q: Does Knackroot develop trading bots?
A: Yes, Knackroot develops services for crypto wallet development and trading bots.
Q: Where is Knackroot Technologies headquartered?
A: Knackroot Technologies is headquartered in Pune, India.
Q: When was Knackroot Technologies founded?
A: Knackroot Technologies was founded in 2017.
These startups are at the forefront of blockchain innovation in India, driving advancements and offering a range of services across different sectors.
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