Thane is becoming a notable hub for new companies, particularly in financial technology and B2B e-commerce.

Infra.Market, a construction materials platform, has secured nearly $1 billion in funding. Fintechs such as Turtlemint and Raise Financial Services have also raised well over $100 million each.

Below is our list of 3 Thane startups worth keeping an eye on.

Failory's Top 3 Picks

Turtlemint built a digital platform that empowers financial advisors to find and distribute the most suitable insurance policies for their clients. Their technology simplifies the complex insurance landscape, making it easier for advisors to compare plans and manage customer relationships.

Year Founded2015
FoundersAnand Prabhudesai, Dhirendra Mahyavanshi, Kunal Shah
Funding Amount$197M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries E
Top InvestorsPeak XV Partners, Nexus Venture Partners, Vitruvian Partners, Notable Capital, Blume Ventures

Infra.Market built a technology-driven B2B marketplace for the construction industry, simplifying how materials are sourced and purchased. They provide a one-stop solution for everything from cement to tiles, including their own private label products, to create a more efficient supply chain.

Year Founded2016
FoundersAaditya Sharda, Souvik Sengupta
Funding Amount$980.8M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries G
Top InvestorsSilver Line Homes, Accel, Nexus Venture Partners, Alteria Capital, Tiger Global Management

Raise Financial Services offers a unified platform for a wide range of financial needs, from investing and insurance to payments and wealth management. Their ecosystem is designed to give users a single, integrated way to manage and grow their personal finances.

Year Founded2021
FoundersAlok Pandey, Jay Gupta, Pravin Jadhav
Funding Amount$148M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsJM Financial Family Office, 3one4 Capital, MUFG Bank, Rocketship.vc, BEENEXT