Matic Network
Sectors as filed: Bitcoin and Blockchain
The website is as filed on the register. We have not checked that it resolves. Something wrong with this record?
Six things we look for on every record: DPIIT recognition, a CIN, a website, a description, a logo and a funding signal. Not held here: DPIIT recognised, CIN on file and Funding signal.
Where this is
District
Mumbai
Maharashtra
Startup India records the district. We do not have a street address for this company, and we will not invent one.
No point is drawn, because we do not have one.
Geocode confidence: medium
What this record amounts to
Matic Network is a Startup India record we can place no finer than Mumbai district, which holds 34,017 records in this snapshot. 1,510 of those records are filed under Finance Technology, 4% of the district. It carries no funding signal of any class, which is true of 30,840 of the 34,017 records in Mumbai.
Every figure above is counted from the 2026-08 snapshot and is the same number the page it links to prints.
In their own words
About Matic Network Blockchain Apps are making huge progress but the current blockchain ecosystem is not prepared to scale on demand. Slow block confirmations, block size limitations and computations — in smart contract based blockchains — need to be solved before we proceed to mass adoption. And most importantly, it needs great user experience. Matic Network is looking to solve these problems. Today, leaving aside the regulatory problems, blockchains are notoriously slow, thereby posing a significant barrier to mainstream user adoption as well as the “practicality of end user applications like payment wallets to be built on top of blockchains”. At Matic Network, we provide a scaling solution on top of Ethereum, which is the most widely-used blockchain smart contract system in the world. It allows instant transfers, exchange and conversion of digital assets (e.g. crypto tokens) and cryptocurrencies (e.g. Ether, Bitcoin). Today, the Ethereum blockchain's transaction capacity is 15 transactions per second (tps). The Matic solution scales it up to a whopping 65,536 transactions per second!
Written by the company on its public Startup India profile. Not verified by us.
What the record says
- Registered on Startup India
- 2018
- Self-declared stage
- Validation
- Industry
- Finance Technology
- Finance Technology in Mumbai
- 1,510 records
- District
- Mumbai
- State
- Maharashtra
The neighbourhood
This record carries no locality line, so the district is the finest ring we can place it in.
What we do not know
- no CIN on file, so no company-registry record is linked
- no incorporation date
- no funding signal of any kind
- no address beyond the district
We have no liveness signal for any company on this site: no filings feed, no revenue, no check that the website still resolves. A record existing here means a record exists, not that a business is trading.
Is this your company?
Everything here comes from public government records. If something is wrong, the authoritative place to correct it is the Startup India portal itself, and we will pick the correction up on the next monthly snapshot. To flag an error on our side, use the report link or write to trust@indianstartupmap.com.
How we built this record Where the data comes from How you may reuse it
Keep looking
One record is one row. Mumbai has 34,017.
See Mumbai