Company lists
The Maharashtra edition · 2026

Native aicompanies in Maharashtra

Generative AI, AI platforms, marketing AI, chatbots & voice, computer vision and more: the companies building native ai in Maharashtra, with their founders, funding, team size and business models.

343 company profiles98 with reported revenue42 with recorded fundingSeptember 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent native ai business events in Maharashtra

Funding, M&A, contract wins and launches involving 369 native ai companies in Maharashtra, last 24 months: 12 funding rounds · 9 launches · 5 M&A deals. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

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
FundingGrant

Qure.ai

In AI-led services, Qure.AI secured a grant from the Gates Foundation for its medical imaging solutions.

Investors Gates Foundation
FundingSeries B

Neysa

Neysa — accounted for roughly $600 million of this year’s funding, backed by investors including Blackstone, Ontario Teachers’ Pension Plan and Nexus Venture Partners.

Investors Blackstone, Ontario Teachers’ Pension Plan, Nexus venture partners
Artificial Intelligence
Funding

Neysa

US alternative asset manager Blackstone announced it is leading a $1.2 billion investment in cloud infrastructure startup Neysa.

Investors Blackstone, TVS Capital, 360 One Asset Management, Nexus venture partners
Cloud infrastructure
M&AAcquisition · Completed

Blackstone acquires Neysa

Mumbai: Global private equity firm Blackstone, along with other investors, has acquired a majority stake in India’s artificial intelligence (AI) cloud platform Neysa as the company seeks…

Artificial Intelligence
M&AAcquisition · Announced

Blackstone acquires Neysa

Blackstone has finalised a structured investment deal with Mumbai-based AI cloud infrastructure startup Neysa.

AI cloud infrastructure
FundingSeries D

Arya

With farmers facing greater climate‑related threats to their livelihoods, the company is expanding its services with funding from climate‑focused GEF Capital Partners, a spinout from the…

Agtech
M&AAcquisition · Rumored

Softbank acquires Neysa

Blackstone wants to buy a majority stake in Neysa, while SoftBank and Lightspeed are discussing a minority investment that is expected to value the company at around $250-300 million.

M&AAcquisition · Rumored

Lightspeed acquires Neysa

Blackstone is negotiating to buy out Neysa, while Lightspeed, similar to SoftBank, is exploring a $40–50 million minority investment in the Z47 and Nexus Venture Partners-backed company.

LaunchVariable Pricing Model

Netcore cloud

Netcore Cloud has launched a Variable Pricing Model for its Agentic Marketing Platform, becoming the first in the world to link marketing technology costs directly to real business results.

Agentic Marketing Platform
LaunchAgentic Marketing Stack

Netcore cloud

Netcore Cloud has announced the launch of the Agentic Marketing Stack, a first-of-its-kind platform that brings autonomous AI agents into the heart of marketing.

Martech, AI-powered marketing platform
FundingSeries B

Intangles

Pune-based deep tech company Intangles has secured a fresh USD 30 million in its Series B funding round, led by Avataar Venture Partners with follow-on support from Baring India Private…

Investors Avataar Venture Partners, Baring India Private Equity, Cactus Partners
Automotive AI / Predictive Vehicle Intelligence
LaunchInterakt

Haptik

Haptik, a Reliance Jio Platforms subsidiary and conversational AI company, has launched a new 'AI for All' initiative, offering enterprise-grade AI Agents to small and medium businesses…

CRM, marketing, and support automation platform
LaunchORBO

Orbo

ORBO helps beauty brands, personal care retailers, and salons achieve customer loyalty, stickiness, and double-digit conversions through AI solutions for visual try-on and personalisation.

Beauty AI
LaunchDynamic PoPs

Arya

Aryaka has added dynamic PoPs to meet customers’ connectivity and regulatory compliance needs.

Network Infrastructure
FundingSeed

Data science wizards

Earlier this month, platform-as-a-service (PaaS) startup Data Science Wizards secured seed funding from a host of undisclosed investors.

Investors Undisclosed
PaaS
Funding

Qure.ai

AI-driven healthcare startup Qure.ai, omnichannel home interior and renovation platform HomeLane, adtech startup AdOnMo, and visa processing platform Atlys with $65 million, $27 million,…

AI-driven healthcare startup

Native ai companies in Maharashtra, by revenue

Browse native ai companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 98 native ai companies in Maharashtra 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 50

Provider of an AI-powered platform for customer engagement and marketing

Customer success management
₹885.84 crFY 2024-25
+11%2024–2025
1,279-48% vs previous recordLinkedIn · Jul 2026
28 yr1998
27postings · last posted Sep 2026

Provider of AI-powered solutions for medical image analysis and reporting

Clinical labs it
₹190.42 crFY 2024-25
+24%2024–2025
418+6% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
6postings · last posted Sep 2026

Provider of AI-powered solutions for predictive fleet maintenance and management

Road transport tech
₹75.11 crFY 2024-25
+20%2024–2025
373+67% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
1postings · last posted Aug 2026

Provider of AI-powered baggage screening systems

Computer vision
₹60.92 crFY 2024-25
+174%2024–2025
—Not available
8 yr2018
0none in 3 months

Platform utilizing artificial intelligence technology to generate personalized songs

Music tech
₹37.01 crFY 2024-25
Not reported
—Not available
2 yr2024
0none in 3 months

Provider of AI‑driven medical imaging and radiology solutions

Healthcare it
₹35.14 crFY 2024-25
-8%2024–2025
138+3% 12 mo to Aug 2024LinkedIn · Jul 2026
9 yr2017
1postings · last posted Sep 2026

Developer of artificial intelligence solutions for image analysis and predictive analytics

Clinical labs it
₹33.57 crFY 2024-25
+131%2024–2025
110+11% 12 mo to Aug 2024LinkedIn · Jul 2026
15 yr2011
3postings · last posted Sep 2026

Developer of AI video analytics platform for security and safety applications

Cybersecurity
₹29.92 crFY 2024-25
+73%2024–2025
40+14% vs previous recordLinkedIn · Jul 2026
9 yr2017
1postings · last posted Aug 2026

Provider of AI acceleration cloud system with infrastructure and services

Cloud infrastructure
₹21.21 crFY 2024-25
+15195%2024–2025
129LinkedIn · Jul 2026
3 yr2023
7postings · last posted Sep 2026

Developer of vertical AI solutions for banking and financial services

Investment tech
₹18.00 crFY 2022-23
+8%2022–2023
67LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of no-code AI platform offering customer support

Chatbots
₹18.69 crFY 2024-25
+30%2024–2025
11LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Developer of investment strategies and tools for portfolio management automation

Investment tech
₹14.90 crFY 2024-25
+81%2024–2025
22LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Mar 2026

Developer of an AI platform for automating travel booking processes

Online travel
₹12.85 crFY 2024-25
+27%2024–2025
1LinkedIn · Jul 2026
1 yr2025
0none in 3 months

Developer of image processing technology and applications

Computer vision
₹12.05 crFY 2024-25
+14%2024–2025
62+16% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

AI-powered clinical documentation solutions for healthcare

Healthcare it
₹10.71 crFY 2023-24
+375%2023–2024
98+3% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
1postings · last posted Jul 2026

AI based cognitive process automation platform for businesses

Robotic process automation
₹10.32 crFY 2024-25
-6%2024–2025
117+46% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

AI based data science platform for enterprises

Ai infrastructure
₹10.25 crFY 2024-25
+173%2024–2025
78+19% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Platform offering AI-based tools for data analysis, automation, and workflow support

Generative ai
₹9.16 crFY 2024-25
+37%2024–2025
37LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Developer of computer vision software for real-time operational intelligence

Manufacturing tech
₹8.16 crFY 2024-25
+46%2024–2025
67+18% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Developer of GeoAI platform that transforms drone data into intelligence

Geographic information systems
₹7.53 crFY 2024-25
+49%2024–2025
—Not available
8 yr2018
0none in 3 months

Cloud and AI based platform offering content performance analytics

Generative ai
₹6.77 crFY 2024-25
+50%2024–2025
87LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jun 2026

AI-powered visual intelligence solutions for the beauty and personal care sector

Artificial intelligence
₹5.70 crFY 2024-25
-100%2024–2025
42-18% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of enterprise AI solutions for content generation and data analysis

Ai infrastructure
₹5.44 crFY 2024-25
+92%2024–2025
—Not available
2 yr2024
0none in 3 months

Provider of AI augmented video intervieing platform for recruiters and enterprises

Hrtech
₹5.39 crFY 2024-25
+127%2024–2025
84recorded Sep 2024
3 yr2023
0none in 3 months

Provider of computer vision and NLP services

Ai services
₹5.23 crFY 2024-25
-48%2024–2025
53LinkedIn · Jul 2026
8 yr2018
0none in 3 months
50 of 343 companies shown here · the full list is on Radar
Fliar Radar

Explore all 343 native ai companies in Maharashtra on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open native ai in Maharashtra on Radar
  • Every company, not just 50All 343 native ai companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore native AI companies in Maharashtra by what you are looking for

Browse native AI companies in Maharashtra, including AI-native startups building generative AI, chatbots and enterprise AI platforms. You can also find AI companies that are hiring and examples of AI native companies in India.

8 ways to explore native ai in Maharashtra

Generative AI & agentic AI companiesAI infrastructure & data platform companiesAI marketing & sales companiesChatbot, conversational AI & voice companiesComputer vision & image AI companiesEnterprise AI software & automation companies

Generative AI & agentic AI companies

Companies building generative AI tools and autonomous AI agents.

  1. Predis

    Cloud and AI based platform offering content performance analytics

    Generative ai
    See in list
  2. AmyGB

    Provider of Gen AI-powered document processing and API services

    Generative ai
    See in list
  3. Tessact

    Provider of AI-powered video editing and workflow automation solutions

    Video creation tools
    See in list
  4. Plotch.ai

    Provider of AI agent infrastructure for enterprise workflow automation solutions

    Agentic ai
    See in list
  5. Snapy.ai

    Provider of AI-powered short video creation tools

    Video creation tools
    Website

AI infrastructure & data platform companies

AI platforms, model development and data science infrastructure.

  1. Pivotchain Solutions

    Developer of AI video analytics platform for security and safety applications

    Cybersecurity
    See in list
  2. Neysa

    Provider of AI acceleration cloud system with infrastructure and services

    Cloud infrastructure
    See in list
  3. Scogo.ai

    Provider of no-code AI platform offering customer support

    Chatbots
    See in list
  4. Data Science Wizards

    AI based data science platform for enterprises

    Ai infrastructure
    See in list
  5. Assert AI

    Developer of computer vision software for real-time operational intelligence

    Manufacturing tech
    See in list

AI marketing & sales companies

AI tools for advertising, lead generation and sales.

  1. Netcore Cloud

    Provider of an AI-powered platform for customer engagement and marketing

    Customer success management
    See in list
  2. Zipteams

    Virtual selling platform for sales teams

    Sales force automation
    See in list
  3. Thelightbulb

    Provider of AI tools for market research and consumer insights

    Image recognition
    See in list
  4. Inaiways

    AI powered platform providing lead generation tool

    Marketingtech
    See in list
  5. Bizmorphic

    Provider of academic AI research solutions for enterprises

    Marketingtech
    Website

Chatbot, conversational AI & voice companies

Conversational AI, chatbots, customer service and voice AI providers.

  1. Scogo.ai

    Provider of no-code AI platform offering customer support

    Chatbots
    See in list
  2. E42

    AI based cognitive process automation platform for businesses

    Robotic process automation
    See in list
  3. Setoo AI

    Provider of AI-powered business solutions for automated scheduling, communication, and review collection

    Chatbots
    See in list
  4. GreyLabs

    AI-powered speech analytics solutions for enterprises

    Natural language processing
    See in list
  5. Bot Space

    Provider of AI-powered customer engagement platform for WhatsApp and Instagram

    Ai infrastructure
    See in list

Computer vision & image AI companies

Image recognition, video analytics and surveillance AI.

  1. Qure.ai

    Provider of AI-powered solutions for medical image analysis and reporting

    Clinical labs it
    See in list
  2. BaggageAI

    Provider of AI-powered baggage screening systems

    Computer vision
    See in list
  3. AIRA Matrix

    Developer of artificial intelligence solutions for image analysis and predictive analytics

    Clinical labs it
    See in list
  4. Pivotchain Solutions

    Developer of AI video analytics platform for security and safety applications

    Cybersecurity
    See in list
  5. ImageProVision Technology

    Developer of image processing technology and applications

    Computer vision
    See in list

Enterprise AI software & automation companies

Enterprise software, document AI and process automation.

  1. E42

    AI based cognitive process automation platform for businesses

    Robotic process automation
    See in list
  2. AmyGB

    Provider of Gen AI-powered document processing and API services

    Generative ai
    See in list
  3. AIQoD

    Provider of cognitive data extraction and digital transformation solution

    Digital transaction management
    See in list
  4. Plotch.ai

    Provider of AI agent infrastructure for enterprise workflow automation solutions

    Agentic ai
    See in list
  5. Adya

    Cloud-based AI operating system that enables businesses to build and deploy customized AI agents and enterprise apps

    Artificial intelligence
    See in list

Native AI startups in Maharashtra

AI-native startups founded in recent years.

  1. Neysa

    Provider of AI acceleration cloud system with infrastructure and services

    Cloud infrastructure
    See in list
  2. Kentrix

    Platform offering AI-based tools for data analysis, automation, and workflow support

    Generative ai
    See in list
  3. Arina

    Provider of enterprise AI solutions for content generation and data analysis

    Ai infrastructure
    See in list
  4. The Medius AI

    Artificial intelligence based predictive analytics solution provider

    Business intelligence
    See in list
  5. Setoo AI

    Provider of AI-powered business solutions for automated scheduling, communication, and review collection

    Chatbots
    See in list
158 companies in Maharashtra

Native AI companies hiring in Maharashtra

AI companies with open jobs right now.

  1. Netcore Cloud

    Provider of an AI-powered platform for customer engagement and marketing

    Customer success management
    See in list
  2. Qure.ai

    Provider of AI-powered solutions for medical image analysis and reporting

    Clinical labs it
    See in list
  3. Intangles

    Provider of AI-powered solutions for predictive fleet maintenance and management

    Road transport tech
    See in list
  4. Deeptek

    Provider of AI‑driven medical imaging and radiology solutions

    Healthcare it
    See in list
  5. AIRA Matrix

    Developer of artificial intelligence solutions for image analysis and predictive analytics

    Clinical labs it
    See in list
25 companies in Maharashtra
Mobile reach

Top 10 native ai apps from Maharashtra

The most-installed Android apps published by native ai companies headquartered in Maharashtra — 3.3M installs between them. 29 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Watermark Remover, Photo Video

by WatermarkRemover.io

Installs2.0M
Rating4.2124K ratings
Installs, year on year+86%
Last updatedApr 2026
View on Google Play ↗
Watermark Remover, Photo Video screenshot 1Watermark Remover, Photo Video screenshot 2Watermark Remover, Photo Video screenshot 3Watermark Remover, Photo Video screenshot 4Watermark Remover, Photo Video screenshot 5Watermark Remover, Photo Video screenshot 6
2

AI Photo Enhancer UpscaleMedia

by Upscale.media

Installs798K
Rating3.746K ratings
Installs, year on year+61%
Last updatedApr 2026
View on Google Play ↗
AI Photo Enhancer UpscaleMedia screenshot 1AI Photo Enhancer UpscaleMedia screenshot 2AI Photo Enhancer UpscaleMedia screenshot 3AI Photo Enhancer UpscaleMedia screenshot 4AI Photo Enhancer UpscaleMedia screenshot 5AI Photo Enhancer UpscaleMedia screenshot 6
3

Social Media Posts - Predis AI

by Predis

Installs191K
Rating4.523K ratings
Installs, year on year+41%
Last updatedApr 2026
View on Google Play ↗
Social Media Posts - Predis AI screenshot 1Social Media Posts - Predis AI screenshot 2Social Media Posts - Predis AI screenshot 3Social Media Posts - Predis AI screenshot 4Social Media Posts - Predis AI screenshot 5Social Media Posts - Predis AI screenshot 6
6

Pixelbin: AI Photo Editor

by PixelBin

Installs39K
Rating4.5529 ratings
Last updatedMay 2026
View on Google Play ↗
Pixelbin: AI Photo Editor screenshot 1Pixelbin: AI Photo Editor screenshot 2Pixelbin: AI Photo Editor screenshot 3Pixelbin: AI Photo Editor screenshot 4Pixelbin: AI Photo Editor screenshot 5Pixelbin: AI Photo Editor screenshot 6
9

Qure.ai

by Qure.ai

Installs23K
Rating—
Last updatedJul 2024
View on Google Play ↗
Qure.ai screenshot 1Qure.ai screenshot 2Qure.ai screenshot 3Qure.ai screenshot 4
10

Augnito: Medical Dictation App

by Augnito

Installs15K
Rating—
Last updatedOct 2025
View on Google Play ↗
Augnito: Medical Dictation App screenshot 1Augnito: Medical Dictation App screenshot 2Augnito: Medical Dictation App screenshot 3Augnito: Medical Dictation App screenshot 4Augnito: Medical Dictation App screenshot 5Augnito: Medical Dictation App screenshot 6
The business behind the activity

Native ai financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 84 native ai companies in Maharashtra for FY24-25 — 99 of the 343 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 79% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,495.78 cr

84 companies filing accounts

combined net profit−₹89.44 cr

-6.0% aggregate margin

are profitable43%

36 of 84 companies

median revenue~₹1.6 cr

the typical company

median revenue growth+50%

into FY24-25

earned by the top five79%

revenue concentration

Six-year view

Combined revenue of filing companies

₹52.68 crFY19-2032 filers
₹103.09 crFY20-2138 filers
₹290.82 crFY21-2247 filers
₹635.72 crFY22-2356 filers
₹1,199.66 crFY23-2469 filers
₹1,495.78 crFY24-2584 filers

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

Like-for-like

The same 45 companies over three years

+3%
FY22-23₹542.62 cr−₹25.25 cr net
FY23-24₹384.81 cr−₹26.58 cr net
FY24-25₹559.45 cr−₹35.01 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 cr3526% profitable
₹1–10 cr3551% profitable
₹10–100 cr1267% profitable
₹100–1,000 cr250% 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

Shrinking13
0–20%5
20–50%14
50–100%10
Doubled+21

63 companies with accounts for both years; median growth +50%.

Profitability

Profit is concentrated at the top

36profitable
47loss-making
-6.0%aggregate margin
-4.0%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
Data Science WizardsDATA SCIENCE WIZARDS PRIVATE LIMITED+185%₹10.16 cr
BaggageAISHREE A3 BAGGAGE PRIVATE LIMITED+174%₹60.92 cr
AIRA MatrixAIRAMATRIX PRIVATE LIMITED+131%₹33.57 cr
Wright ResearchWRYGHT RESEARCH & CAPITAL PRIVATE LIMITED+81%₹14.90 cr
Pivotchain SolutionsPIVOTCHAIN SOLUTION TECHNOLOGIES PRIVATE LIMITED+73%₹29.87 cr
Upscale.mediaSHOPSENSE RETAIL TECHNOLOGIES LIMITED₹200.24 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Wright ResearchWRYGHT RESEARCH & CAPITAL PRIVATE LIMITED19.3%₹14.90 cr
SamyagVARANK TECH PRIVATE LIMITED14.1%₹12.85 cr
ImageProVision TechnologyIMAGEPROVISION TECHNOLOGY PRIVATE LIMITED11.2%₹12.05 cr
Data Science WizardsDATA SCIENCE WIZARDS PRIVATE LIMITED10.2%₹10.16 cr
BaggageAISHREE A3 BAGGAGE PRIVATE LIMITED10.1%₹60.92 cr
Netcore CloudNetcore Private Limited6.3%₹809.69 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Generative ai9₹25.76 cr~₹1.1 cr67%3.0%
Ai infrastructure8₹23.95 cr~₹2.5 cr50%2.4%
Leaders

Largest native ai companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Netcore CloudNetcore Private Limited₹809.69 cr₹50.75 cr6.3%+10%
Upscale.mediaSHOPSENSE RETAIL TECHNOLOGIES LIMITED₹200.24 cr-13.4%
IntanglesINTANGLES LAB PRIVATE LIMITED₹76.37 cr−₹37.52 cr-49.1%+22%
BaggageAISHREE A3 BAGGAGE PRIVATE LIMITED₹60.92 cr₹6.16 cr10.1%+174%
I Made A SongDIGIKORE STUDIOS LIMITED₹36.38 cr−₹7.25 cr-19.9%-23%
DeeptekDeeptek Medical Imaging Private Limited₹35.14 cr₹1.11 cr3.2%-8%
AIRA MatrixAIRAMATRIX PRIVATE LIMITED₹33.57 cr−₹74.86 lakh-2.2%+131%
Pivotchain SolutionsPIVOTCHAIN SOLUTION TECHNOLOGIES PRIVATE LIMITED₹29.87 cr₹1.35 cr4.5%+73%
NeysaNEYSA NETWORKS PRIVATE LIMITED₹21.21 cr−₹54.85 cr-258.5%>10×
Scogo.aiSCOGO NETWORKS PRIVATE LIMITED₹18.69 cr₹34.02 lakh1.8%+30%
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

Native ai funding and M&A across India

909 recorded equity rounds have gone to 2,113 native ai companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months53

US$742.75m

equity rounds, last 24 months151

US$1.04bn

raised over five yearsUS$1.90bn

573 rounds in India

M&A deals, Maharashtra5

last 24 months

Capital by year

Equity funding into native ai in India

amount rounds
$63m201860
$61m201969
$86m202085
$173m202197
$258m2022127
$163m202386
$340m2024130
$278m2025107
$690m202626

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$339.86m across 130 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$11.06m75 rounds · median US$99k
SeedUS$411.90m394 rounds · median US$500k
Series AUS$484.13m78 rounds · median US$5.00m
Series BUS$878.22m19 rounds · median US$16.70m
Series CUS$51.85m6 rounds · median US$3.93m
Series D+US$65.00m1 rounds · median US$65.00m
Where the money went · five years

Most-funded sub-sectors

Cloud infrastructureUS$650.00m3 rounds · 1 companies
Ai infrastructureUS$241.64m56 rounds · 30 companies
Artificial intelligenceUS$122.36m40 rounds · 19 companies
Clinical labs itUS$106.69m4 rounds · 1 companies
Customer service softwareUS$81.68m19 rounds · 9 companies
Generative aiUS$73.27m61 rounds · 36 companies
Road transport techUS$61.40m9 rounds · 3 companies
Corporate activity · last 24 months

M&A in Maharashtra

5Acquisition

Most active acquirers

  1. Blackstone3
  2. Softbank1
  3. Lightspeed1

Most acquired or merged

  1. Neysa5

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

Native ai funding in Maharashtra

42 native ai companies in Maharashtra have recorded equity funding, US$903.88m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind native ai companies in Maharashtra. 176 of 343 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra native ai companies by sub-sector

The most common specialisations among native ai companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring native ai in India and nearby markets.

Coming soon