Company lists
The Madhya Pradesh edition · 2026

High techcompanies in Madhya Pradesh

Security & surveillance, AI & chatbots, drones & robotics, IoT & smart cities, AR/VR & 3D printing and more: the companies building high tech in Madhya Pradesh, with their founders, funding, team size and business models.

119 company profiles30 with reported revenue8 with recorded fundingOctober 2026 edition
Madhya Pradesh · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent high tech business events in India

Funding, M&A, contract wins and launches involving 9,740 high tech companies in India, last 24 months: 188 funding rounds · 81 Contracts · 62 M&A deals · 60 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingSeries A

Armatrix

Armatrix, an AI-native industrial hardware startup based out of Bengaluru, is reportedly in advanced discussions to secure a substantial $15 million investment from international…

Deeptech robotics
M&AAcquisition · Completed

Clayfin acquires Louie voice

Clayfin, a provider of digital banking and customer experience solutions for financial institutions, has acquired Louie Voice, providers of a voice banking platform that enables users to…

Voice banking platform
ContractService

Black legend capital · client: Garuda aerospace

The firm further assisted Garuda Aerospace in entering into a consulting agreement with California-based Black Legend Capital LLC for financial advisory, business development support,…

Financial advisory
ContractTechnology

Na · client: Garuda aerospace

The mandates included the preparation of a Request for Proposal (RFP) for Garuda Aerospace's proposed Drone-as-a-Service (DaaS) Platform, a project valued at approximately ₹1 crore.

Drone technology
ContractSupply

Fotokite · client: Garuda aerospace

In another cross-border mandate, the firm advised on an exclusive reseller agreement between Garuda Aerospace and Fotokite US LLC, under which Garuda was appointed as the authorised…

Drone technology
ContractSupply

Redington · client: Garuda aerospace

AMS Legal also advised on a distribution agreement with Redington Limited for the distribution of Garuda Aerospace products within India.

Drone technology
ContractDefense

Innomet Advanced Materials · client: Bharat dynamics

Simultaneously, the manufacturing firm expanded its footprint within the sovereign defense supply chain by solidifying a separate purchase agreement worth approximately ₹1.05 crore with…

Defense
FundingPre-Series A

Impensus Electronics

Deep tech startup Impensus Electronics has raised ₹16 million in a Pre-Series A funding round to support the expansion of its agricultural technology solutions aimed at reducing…

Investors angel investors associated with the Chennai chapter of Keiretsu Forum, IN44 Capital
Agricultural Technology
FundingSeed

Zerodrag

ZERODRAG, an IIT Delhi-incubated startup, announced it has raised $682K in seed funding.

ContractService

Lemon tree hotels · client: Sparsh

Lemon Tree Hotels has announced the mutual termination of its franchise agreement with Sparsh Inn LLP. The agreement, originally signed on 10 May 2024, was intended for the use of the…

Hospitality
FundingSeries A

Aurm

Aurm Raises ₹42 Cr in Series A Round Bank locker infrastructure startup Aurm has raised ₹42 crore in a Series A round co-led by Earth Fund and Sattva Ventures, with participation from…

Investors Earth Fund, Sattva Ventures, Prime venture partners, Magnifiq Capital Trust
Bank locker infrastructure
FundingSeries X

Optimized electrotech

Optimized Electrotech raised about $3.7 million to expand from defence systems into space‑based sensing technologies.

Investors Na
Deeptech
Funding

Ultrahuman

On the other hand, Ultrahuman continues to lead the health wearable space with a $48 million round, helping people track their metabolism in real-time.

FundingSeed

Ctruh

Ctruh, the deep-tech company building the infrastructure layer for the spatial internet, has raised $2.5 Million in a Seed funding round led by Inflection Point Ventures. The round also…

Investors Inflection point ventures, Avinya Ventures, India accelerator, Founder's Avenue
Deep-tech
FundingSeed

Ubiqedge

IoT startup Ubiqedge on Thursday raised ₹10 crore in a seed funding round led by Piper Serica, with participation from Atomberg co-founder and CEO Shibam Das and OTO co-founder and CEO…

Investors Piper Serica, Shibam Das, Sumit Chhazed
IoT
Funding

Optimized electrotech

Deeptech startup Optimized Electrotech has raised ₹35 Cr (about $3.7 Mn) in a funding round led by Exfinity Ventures, with participation from Blume Ventures, Mela Ventures and Venture…

Investors Exfinity Ventures, Blume ventures, Mela Ventures, Venture Catalysts Group Angel Fund
Space, defence, imaging
FundingMinority investment

Algo8

Chemelex has announced a minority investment in Algo8 to accelerate the adoption of artificial intelligence in manufacturing processes.

Investors Chemelex
Artificial intelligence, data analytics, and digital transformation solutions for enterprises
FundingSeries A

AARU

Aaru Raises $80M Series A for Synthetic Consumer and Political Research

FundingSeed

Intellithink

Intellithink Advanced Hardware & Technology Internet Of Things (IoT) & Hardware B2B $1.8 Mn Seed Pentathlon Ventures, Anicut Capital, Veltis Capital Pentathlon Ventures

Advanced Hardware & Technology
FundingPre-Series A

Aliste technologies

Aliste Technologies Clean Tech - B2C $3.2 Mn Pre-Series A Big Global JSC, YourNest Venture Capital, Hbeon Labs Big Global JSC

Investors Big Global JSC, YourNest Venture Capital, Hbeon Labs
Clean Tech
LaunchDSW UnifyAI OS

Data science wizards

Data Science Wizards has announced the continued advancement of its enterprise AI operating system, DSW UnifyAI OS, designed to help organizations, particularly in banking, financial…

Enterprise AI Operating System
Funding

Octobotics

Deals in 2026 so far include $28 million funding for Unbox Robotics, apart from investments in robotics hardware startup Armatrix as well as robotics inspection and maintenance company…

Robotics
M&AAcquisition · Announced

Exotel acquires Dubverse

Exotel has acquired the core team of voice AI startup Dubverse

Telecommunications
M&AAcquisition · Completed

Thermax acquires Exactspace

Thermax confirmed completion of its acquisition of a 35.83 percent stake in Exactspace Technologies Private Limited, taking its overall shareholding to 51 percent on a fully diluted basis.

ContractTechnology

Dubverse · client: Exotel

Exotel has acqui-hired the core team of voice AI startup Dubverse, including co-founders Anuja Dhawan and Varshul Gupta, to focus on conversational intelligence.

Voice AI
FundingSeed

SatLeo Labs

Spacetech startup SatLeo Labs raises $5.5 mn in seed funding.

Funding

Bolna

Y-Combinator-backed Bolna raised $6.3 million,

Investors Y combinator
Voice AI
Funding

Sarvam ai

India’s homegrown artificial intelligence start-up, Sarvam AI, is close to raising $300 million to $350 million as it seeks to build a domestic player that can compete with leaders from…

Investors Bessemer venture partners, Nvidia, Amazon.com Inc, Prosperity7 Ventures
AI
LaunchSarvam 30B/105B Large Language Model

Sarvam ai

In February 2026, Sarvam launched 30-billion and 105-billion parameter models, along with text-to-speech, speech-to-text, and vision capabilities trained from scratch.

LLM
Funding

Proxgy

"Proxgy raised $210,000,"

Investors Na

High tech companies in Madhya Pradesh, by revenue

Browse high tech companies in Madhya Pradesh by reported revenue, one-year revenue growth, revenue model, age and stage. The 30 companies below are the largest by their most recent reported revenue among 30 high tech companies in Madhya Pradesh that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 30

Provider of cloud-based data loggers for IoT applications

Iot applications
₹97.84 crFY 2024-25
+7%2024–2025
324LinkedIn · Jul 2026
43 yr1983
0none in 3 months · last posted May 2026

Provides aerial photography & surveying services using drones

Drones
₹56.69 crFY 2024-25
+69%2024–2025
12LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Developer of a cloud-based end-to-end IoT platform

Internet of things infrastructure
₹8.32 crFY 2024-25
+62%2024–2025
—Not available
13 yr2013
0none in 3 months · last posted Jun 2026

Provider of ICT, e-governance, and smart city solutions

Smart cities
₹8.16 crFY 2024-25
+29%2024–2025
31-4% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Platform offering immersive learning solutions

Virtual reality
₹6.99 crFY 2024-25
+35%2024–2025
124+25% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
1postings · last posted Sep 2026

Developer of AI-powered web inspection systems for textiles and other materials

Packaging tech
₹4.68 crFY 2024-25
+135%2024–2025
40LinkedIn · Jul 2026
8 yr2018
1postings · last posted Aug 2026

Platform providing customer experience and support tools

Marketingtech
₹2.32 crFY 2024-25
+28%2024–2025
10LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Gen-AI contact centre for enterprises

Customer service software
₹1.40 crFY 2024-25
+3632%2024–2025
24LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Provider of geospatial intelligence solutions

Drones
₹1.38 crFY 2024-25
+165%2024–2025
49-31% vs previous recordLinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of drone solutions for agriculture, energy, and allied sectors

Drones
₹1.30 crFY 2024-25
Not reported
—Not available
3 yr2023
0none in 3 months

Manufacturer of electronic & RFID locks

Smart homes
₹1.10 crFY 2024-25
+36%2024–2025
13LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of robots for material management

Manufacturing tech
₹70.10 lakhFY 2024-25
-71%2024–2025
—Not available
4 yr2022
0none in 3 months

Provider of an AR/VR learning platform for kids

Augmented reality
₹62.44 lakhFY 2024-25
+27%2024–2025
16LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of AI-based solutions for facility and traffic management

Smart cities
₹58.82 lakhFY 2024-25
+72%2024–2025
15LinkedIn · Jul 2026
8 yr2018
1postings · last posted Aug 2026

Manufacturer of custom stainless steel products and metalwork

Military tech
₹55.38 lakhFY 2022-23
Not reported
1LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of multi-utility drone services

Drones
₹57.35 lakhFY 2024-25
+10%2024–2025
—Not available
5 yr2021
0none in 3 months

Provider of robotic automation systems for sewer cleaning, street scavenging, and waste monitoring

Water and wastewater management tech
₹50.99 lakhFY 2024-25
+82%2024–2025
9LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted Oct 2025

Provider of AI-driven and sensor-based agricultural technology solutions

Iot applications
₹46.66 lakhFY 2024-25
+130%2024–2025
5LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of AI-based video, sound, and data analytic solutions for smart cities

Big data analytics
₹40.11 lakhFY 2024-25
-55%2024–2025
23LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jun 2026

Transforming Manufacturing Operations Data into Actionable Insights

Manufacturing tech
₹24.52 lakhFY 2024-25
+4803%2024–2025
10LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Developer of a platform for AI model management and deployment

Ai infrastructure
₹22.95 lakhFY 2024-25
Not reported
29LinkedIn · Jul 2026
2 yr2024
0none in 3 months · last posted Apr 2026

Provider of a smart security device and mobile application

Smart homes
₹14.59 lakhFY 2024-25
+1087%2024–2025
5LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of AI-powered writing assistant

Customer service software
₹9.84 lakhFY 2022-23
Not reported
—Not available
5 yr2021
0none in 3 months

Provider of IoT stack

Internet of things infrastructure
₹5.52 lakhFY 2024-25
+478%2024–2025
—Not available
4 yr2022
0none in 3 months

Provider of tech-enabled 3D printing services for consumers

3d printing and 3d scanning services
₹3.19 lakhFY 2021-22
Not reported
—Not available
8 yr2018
0none in 3 months
30 of 119 companies shown here · the full list is on Radar
Fliar Radar

Explore all 119 high tech companies in Madhya Pradesh on Radar

This page shows the top 30. Radar has the complete, filterable list with contacts and live company signals.

Open high tech in Madhya Pradesh on Radar
  • Every company, not just 50All 119 high tech companies in Madhya Pradesh, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore high tech companies in Madhya Pradesh by what you are looking for

Browse high tech companies in Madhya Pradesh, from AI and drone companies to security technology and IoT providers. See high tech startups in Madhya Pradesh and companies that are hiring.

9 ways to explore high tech in Madhya Pradesh

Security, surveillance & smart lock companiesAI, generative AI & chatbot companiesDrone & robotics companiesIoT, smart city & digital twin companiesAR, VR & 3D printing companiesGPS tracking, mapping & GIS companies

Security, surveillance & smart lock companies

Video surveillance, access control and smart home security providers.

  1. Tuchware

    Manufacturer of electronic & RFID locks

    Smart homes
    See in list
  2. Smarg Technologies

    Provider of AI-based solutions for facility and traffic management

    Smart cities
    See in list
  3. Bitvivid Solutions

    Provider of AI-based video, sound, and data analytic solutions for smart cities

    Big data analytics
    See in list
  4. SNA Sistec

    Provider of a smart security device and mobile application

    Smart homes
    See in list
  5. CAMSEC.AI

    Provider of a cloud-based AI surveillance system for enterprises

    Security & surveillance technology
    Website
27 companies in Madhya PradeshAll 422 smart homes companies in India →

AI, generative AI & chatbot companies

Artificial intelligence platforms, chatbots and conversational AI developers.

  1. Robro Systems

    Developer of AI-powered web inspection systems for textiles and other materials

    Packaging tech
    See in list
  2. Voiceowl

    Gen-AI contact centre for enterprises

    Customer service software
    See in list
  3. AndAIHub

    Developer of a platform for AI model management and deployment

    Ai infrastructure
    See in list
  4. Textify

    Provider of AI-powered writing assistant

    Customer service software
    See in list
  5. NineBit Computing

    Developer of a private large language model platform for enterprises

    Chatbots
    See in list

Drone & robotics companies

Drone services, drone makers and industrial robotics.

  1. Aero-Capita

    Provider of drone solutions for agriculture, energy, and allied sectors

    Drones
    See in list
  2. Dronobotics Aviation Developers

    Manufacturer of custom stainless steel products and metalwork

    Military tech
    See in list
  3. Soaring Aerotech

    Provider of multi-utility drone services

    Drones
    See in list
  4. Bharat Robotics & Automation

    Manufacturer of multi-utility commercial drones

    Drones
    Website
  5. Marucom Drone

    Manufacturer of drones for agriculture spraying, surveying, mapping, and solar cleaning

    Drones
    Website
22 companies in Madhya PradeshAll 478 drones companies in India →

IoT, smart city & digital twin companies

IoT platforms, smart city solutions and digital twins.

  1. Appalto

    Provider of cloud-based data loggers for IoT applications

    Iot applications
    See in list
  2. Cloud4Things

    Developer of a cloud-based end-to-end IoT platform

    Internet of things infrastructure
    See in list
  3. Brain Above

    Provider of ICT, e-governance, and smart city solutions

    Smart cities
    See in list
  4. Inventohack

    Provider of AI-driven and sensor-based agricultural technology solutions

    Iot applications
    See in list
  5. Bitvivid Solutions

    Provider of AI-based video, sound, and data analytic solutions for smart cities

    Big data analytics
    See in list
28 companies in Madhya PradeshAll 215 smart cities companies in India →

AR, VR & 3D printing companies

Immersive AR and VR content and industrial 3D printing providers.

  1. TechXR

    Platform offering immersive learning solutions

    Virtual reality
    See in list
  2. FIZ Robotic Solutions

    Provider of an AR/VR learning platform for kids

    Augmented reality
    See in list
  3. Mcube Hub

    Provider of tech-enabled 3D printing services for consumers

    3d printing and 3d scanning services
    See in list
  4. RoboKriti

    Online retail platform for robotic kits and accessories

    Manufacturing tech
    See in list
  5. Cube Dots

    Develops AR & VR content for enterprises

    Real estate it
    Website

GPS tracking, mapping & GIS companies

Location tracking, fleet management and geospatial platforms.

  1. DronaMaps

    Provider of geospatial intelligence solutions

    Drones
    See in list
  2. FamConnect

    Provider of a subscription-based platform for family safety

    Security & surveillance technology
    See in list
  3. Pataa

    App-based platform offering a digital addressing system

    Geographic information systems
    See in list
  4. GPSWale

    Provider of GPS tracking tracker and software solutions

    Security & surveillance technology
    Website
  5. Usaver

    Mobile app to share location during emergency situtations

    Security & surveillance technology
    Website

Agri tech & education technology companies

Precision farming technology and learning platforms for schools.

  1. Aero-Capita

    Provider of drone solutions for agriculture, energy, and allied sectors

    Drones
    See in list
  2. FIZ Robotic Solutions

    Provider of an AR/VR learning platform for kids

    Augmented reality
    See in list
  3. ORC Electronics

    Provider of industrial products, environmental technologies, and biological analysis services

    Crop tech
    Website
  4. Praadis Education

    Provider of educational apps and resources for students

    K-12 edtech
    Website
  5. Marucom Drone

    Manufacturer of drones for agriculture spraying, surveying, mapping, and solar cleaning

    Drones
    Website

High tech startups in Madhya Pradesh

Recently founded high tech companies in Madhya Pradesh.

  1. TechXR

    Platform offering immersive learning solutions

    Virtual reality
    See in list
  2. Voiceowl

    Gen-AI contact centre for enterprises

    Customer service software
    See in list
  3. Aero-Capita

    Provider of drone solutions for agriculture, energy, and allied sectors

    Drones
    See in list
  4. Airi-Sense

    Provider of robots for material management

    Manufacturing tech
    See in list
  5. Soaring Aerotech

    Provider of multi-utility drone services

    Drones
    See in list
49 companies in Madhya Pradesh

High tech companies hiring in Madhya Pradesh

Madhya Pradesh high tech companies with open roles.

  1. Appalto

    Provider of cloud-based data loggers for IoT applications

    Iot applications
    See in list
  2. Cloud4Things

    Developer of a cloud-based end-to-end IoT platform

    Internet of things infrastructure
    See in list
  3. TechXR

    Platform offering immersive learning solutions

    Virtual reality
    See in list
  4. Robro Systems

    Developer of AI-powered web inspection systems for textiles and other materials

    Packaging tech
    See in list
  5. Smarg Technologies

    Provider of AI-based solutions for facility and traffic management

    Smart cities
    See in list
13 companies in Madhya Pradesh
Mobile reach

Top 4 high tech apps from Madhya Pradesh

The most-installed Android apps published by high tech companies headquartered in Madhya Pradesh — 69K installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 4
2

Nextel Tracker

by Nextel

Installs8K
Rating—
Last updatedOct 2025
View on Google Play ↗
Nextel Tracker screenshot 1Nextel Tracker screenshot 2Nextel Tracker screenshot 3Nextel Tracker screenshot 4Nextel Tracker screenshot 5Nextel Tracker screenshot 6
The business behind the activity

High tech financials in Madhya Pradesh

Revenue, profit and growth from the filed annual accounts of 25 high tech companies in Madhya Pradesh for FY24-25 — 30 of the 119 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 93% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹316.22 cr

25 companies filing accounts

combined net profit₹25.73 cr

8.1% aggregate margin

are profitable64%

16 of 25 companies

median revenue~₹70 lakh

the typical company

median revenue growth+36%

into FY24-25

earned by the top five93%

revenue concentration

Six-year view

Combined revenue of filing companies

₹117.15 crFY19-2013 filers
₹112.55 crFY20-2116 filers
₹172.00 crFY21-2217 filers
₹228.66 crFY22-2319 filers
₹289.76 crFY23-2424 filers
₹316.22 crFY24-2525 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 17 companies over three years

+37%
FY22-23₹227.65 cr₹22.10 cr net
FY23-24₹286.03 cr₹28.04 cr net
FY24-25₹311.97 cr₹25.95 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1346% profitable
₹1–10 cr978% profitable
₹10–100 cr2100% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking4
0–20%2
20–50%5
50–100%4
Doubled+6

21 companies with accounts for both years; median growth +36%.

Profitability

Profit is concentrated at the top

16profitable
9loss-making
8.1%aggregate margin
0.7%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Yolax InfranergyYOLAX INFRANERGY PRIVATE LIMITED+69%₹56.69 cr
AppaltoAPPALTO ELECTRONICS PRIVATE LIMITED+7%₹97.84 cr
Eagle Techsec CommunicationsEAGLE TECHSEC COMMUNICATIONS INDIA PRIVATE LIMITED-11%₹121.70 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
AppaltoAPPALTO ELECTRONICS PRIVATE LIMITED16.8%₹97.84 cr
Eagle Techsec CommunicationsEAGLE TECHSEC COMMUNICATIONS INDIA PRIVATE LIMITED5.4%₹121.70 cr
Yolax InfranergyYOLAX INFRANERGY PRIVATE LIMITED4.9%₹56.69 cr
Leaders

Largest high tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Eagle Techsec CommunicationsEAGLE TECHSEC COMMUNICATIONS INDIA PRIVATE LIMITED₹121.70 cr₹6.52 cr5.4%-11%
AppaltoAPPALTO ELECTRONICS PRIVATE LIMITED₹97.84 cr₹16.42 cr16.8%+7%
Yolax InfranergyYOLAX INFRANERGY PRIVATE LIMITED₹56.69 cr₹2.77 cr4.9%+69%
Cloud4ThingsCLOUD4THINGS TECHNOLOGIES PRIVATE LIMITED₹8.32 cr₹69.50 lakh8.4%+62%
Brain AboveBRAIN ABOVE INFOSOL PRIVATE LIMITED₹8.16 cr₹71.35 lakh8.7%+29%
TechXRTECHXR INNOVATIONS PRIVATE LIMITED₹6.99 cr−₹1.03 cr-14.8%+35%
Robro SystemsROBRO SYSTEMS PRIVATE LIMITED₹4.68 cr₹47.01 lakh10.1%+135%
NextelNextel Advertising Private Limited₹2.32 cr₹0.58 lakh0.2%+28%
VoiceowlVOICEOWL BOT PRIVATE LIMITED₹1.40 cr₹24.90 lakh17.8%>10×
DronaMapsDRONAMAPS PRIVATE LIMITED₹1.38 cr−₹64.79 lakh-47.0%+165%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

High tech funding and M&A across India

3,368 recorded equity rounds have gone to 9,740 high tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Madhya Pradesh compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months116

US$1.04bn

equity rounds, last 24 months398

US$1.89bn

raised over five yearsUS$4.67bn

1,795 rounds in India

M&A deals, India62

last 24 months

Capital by year

Equity funding into high tech in India

amount rounds
$190m2018239
$396m2019277
$311m2020292
$583m2021363
$767m2022373
$700m2023342
$879m2024370
$781m2025267
$961m202680

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$878.77m across 370 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$70.10m269 rounds · median US$97k
SeedUS$1.06bn1,189 rounds · median US$382k
Series AUS$1.18bn227 rounds · median US$4.00m
Series BUS$1.54bn65 rounds · median US$11.83m
Series CUS$527.91m34 rounds · median US$6.98m
Series D+US$288.77m11 rounds · median US$15.76m
Where the money went · five years

Most-funded sub-sectors

Cloud infrastructureUS$650.00m3 rounds · 1 companies
DronesUS$299.97m170 rounds · 66 companies
Military techUS$272.03m42 rounds · 14 companies
Ai infrastructureUS$241.64m56 rounds · 30 companies
Wearable technologyUS$234.24m50 rounds · 21 companies
Insurance itUS$206.98m8 rounds · 2 companies
Smart homesUS$188.21m34 rounds · 14 companies
Corporate activity · last 24 months

M&A in India

58Acquisition
4Merger

Most active acquirers

  1. Zen technologies7
  2. Blackstone3
  3. Thermax2
  4. Cms info systems2
  5. C.E. Info Systems Limited2

Most acquired or merged

  1. Neysa5
  2. Exactspace2
  3. Asimov robotics2
  4. Sparsh2
  5. Securens systems2

Each deal appears in the events strip at the top of the page.

High tech funding in Madhya Pradesh

8 high tech companies in Madhya Pradesh have recorded equity funding, US$6.80m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Madhya Pradesh

Meet the people behind high tech companies in Madhya Pradesh. 57 of 119 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Madhya Pradesh high tech companies by sub-sector

The most common specialisations among high tech companies in Madhya Pradesh. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring high tech in India and nearby markets.

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