The global NFT (Non-Fungible Token) market is booming – India’s NFT sector alone generated over $1 billion in 2023 and is projected to soar at a 36.9% CAGR through 2030 (grandviewresearch.com). As digital assets and blockchain applications spread, Hyderabad – long known as a major IT and startup hub – is rapidly emerging as a center for NFT development. The city’s robust tech ecosystem, diversified industry base, and growing blockchain community have made it an attractive destination for Web3 and NFT innovators (hfsresearch.com, grandviewresearch.com). Below is a list of ten leading Hyderabad-based firms offering NFT token development , blockchain and Web3 services. Each entry includes a brief profile, NFT-related specializations, key NFT development services, and notes on reputation or credentials.
Access Info Sources
1.
Access Info Sources is a Hyderabad-based IT and blockchain solutions provider established in 2004. With nearly two decades in tech, they now offer NFT development, token creation, and DApp services. Their strength lies in providing tailored blockchain solutions for data integrity and transparency. They assist businesses in turning blockchain ideas into functional platforms. While not solely focused on NFTs, they support NFT integration within broader enterprise apps. The firm is known for reliable and client-friendly delivery.
Established: 2004
Nadcab Labs
2.
Nadcab Labs, founded in 2017, is a global fintech and blockchain company with operations in India and the UK. Known for building secure and scalable NFT and Web3 platforms, it has delivered over 650 blockchain projects. Their services include NFT marketplace development, wallet integration, and smart contract creation. Nadcab is praised for its enterprise-grade solutions and agile approach. Their work spans industries including finance, healthcare, and gaming. They are among the top choices for NFT Token Development Services in India.
Established: 2017
Indian Institute of Blockchain Technology (IIBT)
3.
IIBT is a blockchain research and training institute that also provides development and consulting services. Based in Hyderabad, they help startups and enterprises launch tokens and smart contracts. Their offerings include NFT token development, blockchain strategy, and smart contract audits. As educators and tech consultants, IIBT has helped grow India's blockchain talent pool. They are ideal for startups seeking both development and strategic guidance. IIBT balances hands-on services with community and educational contributions.
Established: 2019
ThynkBlynk
4.
ThynkBlynk is a blockchain and identity-tech company with a focus on transaction platforms. Known for ChainTrail and My4Chain products, they offer blockchain-backed identity and data solutions. Their tech supports NFT projects needing compliance, KYC, and traceability. Services include blockchain platform building and DApp development. ThynkBlynk operates globally with over 500 employees. Though not purely NFT-focused, they bring strong infrastructure to Web3 applications.
Established: 2016
Chakravuyha Software Technologies
5.
Founded in 2017, Chakravuyha is a blockchain development company with experience in NFTs and DeFi. They specialize in token development, smart contracts, and marketplace development. Known for security and transparent development, they assist startups in launching full-stack NFT platforms. Their expertise includes tokenomics, DeFi staking, and cross-chain solutions. Chakravuyha is a trusted name in Hyderabad’s Web3 scene. The firm is praised for delivering complex blockchain solutions simply and efficiently.
Established: 2017
Blocmatrix
6.
Blocmatrix, founded in 2023, is an emerging blockchain and NFT software company in Hyderabad. Despite being new, it has scaled fast with over 900 employees globally. They focus on NFT marketplace solutions, crypto wallets, and token launches. Blocmatrix emphasizes futuristic technology with AI, IoT, and blockchain integration. They are ideal for clients seeking modern NFT platforms with added innovation. Their growing team and strong global footprint make them a promising NFT development firm.
Established: 2023
IbaseIT
7.
IbaseIT is a seasoned software company based in Hyderabad and certified as a Microsoft Gold Partner. Known for enterprise-level development, they offer blockchain strategy, smart contracts, and token development. IbaseIT blends traditional software practices with Web3 innovation. Their clients include corporates needing secure and scalable NFT apps. Services include blockchain consulting, DApp creation, and NFT integration. IbaseIT is ideal for large enterprises exploring blockchain adoption.
Established: 2011
Zazz
8.
Zazz is a global app development company with operations in Hyderabad and clients across North America and the UAE. With 600+ clients, Zazz offers full-stack NFT marketplace and smart contract services. They are known for creative UX and secure blockchain architecture. Zazz builds NFT platforms, gaming apps, and digital collectibles for global brands. Their blockchain division includes experts in Ethereum, Polygon, and Solana. As an NFT Development Company, Zazz blends creativity with technical strength.
Established: 2009
RWaltz Software Group
9.
RWaltz is a global software firm with offices in Atlanta and Hyderabad. Operating since 2000, they serve Fortune 500 clients and specialize in blockchain, DeFi, and NFT services. RWaltz builds NFT marketplaces, crypto tokens, and secure smart contracts. They also offer DApps for voting, healthcare, and asset management. Their global presence and domain depth make them ideal for high-scale NFT projects. RWaltz is a mature, reliable partner in the Web3 landscape.
Established: 2000
YellowBlock
10.
YellowBlock Software Solutions LLP is a Hyderabad-based firm offering blockchain and NFT token development services. They deliver NFT marketplaces, token generation, and exchange integration. YellowBlock is popular with startups due to its cost-effective and scalable platforms. Their services cover smart contracts, white-label platforms, and Web3 wallets. With over 8 years in business, they combine fintech and blockchain know-how. YellowBlock is a solid choice for businesses seeking fast NFT project rollouts.
Established: 2015