Company lists
The Belgaum edition · 2026

Startupcompanies in Belgaum

Food, weddings, payments, manufacturing, mobility and more: the companies building startup in Belgaum, with their founders, funding, team size and business models.

121 company profiles36 with reported revenue5 with recorded fundingOctober 2026 edition
Belgaum · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent startup business events in India

Funding, M&A, contract wins and launches involving 336,782 startups in India, last 24 months: 5810 Contracts · 4615 M&A deals · 2548 funding rounds · 1389 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingEquity partnership

Fittr

This is a fitness startup called FITTR. The company has shared information about Rohit Sharma becoming an equity partner. However, the amount of money they have invested is revealed there.

Investors Rohit sharma
Fitness and wellness
M&AAcquisition · Announced

Meesho acquires Kirana club

The renowned e-commerce company Meesho has acquired the platform 'Kirana Club' which serves small retailers. The deal of around ₹202 crore has given the opportunity to the existing…

Small retailers
ContractMaintenance

Na · client: Military Engineer Services

Military Engineer Services (MES) has invited bids for the comprehensive operation and maintenance (O&M) of 4 MW and 2 MW solar projects at the Army area in Jodhpur, Rajasthan.

Clean Energy / Solar
M&AAcquisition · Completed

Creative group acquires Yogosha

This company is involved in intertwining tests (pentests), security audits, bug bounty and identification of computer vulnerabilities. It was bought by Creative Group at the court's helm…

Cybersecurity
M&AAcquisition · Announced

Adani energy solutions acquires IntelliSmart Infrastructure

Adani Energy Solutions (AESL) has signed a binding securities purchase and subscription agreement to acquire 100% of the equity in smart metering company IntelliSmart Infrastructure.

Smart Metering
M&AAcquisition · Announced

Adani energy solutions acquires Intellismart

Adani Group's Adani Energy Solutions (AESL) has announced its 100% acquisition of IntelliSmart Infrastructure Private Limited, playing a big stake in India's smart metering sector. The…

Smart metering
FundingSeed

Elevate now

Elevate Now received Rs. 18 crores in seed funding to build on its data-driven platform for weight management.

LaunchSkoda Kodak RS

Skoda

In this context, these two giants are now preparing to bring two new SUVs and two new sedans to India. These include the new compact SUV from Volkswagen, along with the Skoda Kodak RS.

SUV
ContractInfrastructure

Sar Transport Systems · client: Food Corporation of India (FCI)

Other entities include SAR Transport Systems, Sabina Arora consortiums and Shree Karni traders.

Agriculture / Storage Infrastructure
ContractMaintenance

Steag energy services · client: Bharat

STEAG Energy Services (India), a wholly-owned stepdown subsidiary of the Company has been awarded an order from Bharat Aluminium Company regarding '1740 MW Power Plant Operations and…

Infrastructure
ContractInfrastructure

Bharat heavy electricals · client: Meja Urja Nigam

Shares of state-owned Bharat Heavy Electricals Limited went up by over 2 per cent on Friday after the engineering major secured an order worth over Rs 21,000 crore from Meja Urja Nigam…

Power
ContractService

Innovision · client: NHAI (National Highways Authority of India)

Innovision has secured a Letter of Award (LoA)/work order worth around Rs 26.35 crore from NHAI (National Highways Authority of India).

Infrastructure
ContractService

Lohum · client: Hindustan copper

Hindustan Copper Limited (HCL) has awarded LOHUM the rights to restart, upgrade, and maintain the 50,000 tonne-per-annum Copper Project at Jhagadia, Gujarat, under a 20-year…

Copper
LaunchAgentic Development & Modernization Services

Tech mahindra

Tech Mahindra has announced the launch of Agentic Development & Modernization Services, a next-generation services portfolio designed to empower enterprises modernize how applications…

AI-driven application development and modernization services
M&AAcquisition · Rumored

Yatra online acquires Yatra Online's founders

Yatra Online's founders are reportedly in talks to sell a controlling stake. Feelers have been sent to rivals like MakeMyTrip, Paytm Travel, Rapido, and Ixigo, along with a private…

Online travel
ContractInfrastructure

Bhel · client: Meja Urja Nigam

BHEL announced it has bagged an order worth Rs 21,000 crore for the development of a thermal power plant in Uttar Pradesh, awarded by Meja Urja Nigam Private (MUNPL).

Energy
ContractSupply

Abb · client: Cochin shipyard

Technology company ABB has won a contract from India's Cochin Shipyard to supply power and propulsion systems for two electric harbour tugs being built for Polestar Maritime.

Marine
ContractSupply

Bharat heavy electricals · client: Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise

Bharat Heavy Electricals Limited (BHEL) signed a contract on 2 June 2026 with Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise in Nigeria for a refinery and petrochemical…

Energy
ContractService

Indian overseas bank · client: National

National Aluminium Company Limited (NALCO) has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) to roll out a Corporate Salary Package for its employees.

Banking
LaunchWagon R Flex Fuel

Maruti Suzuki

Maruti Suzuki India shares traded higher on June 4 after the country's largest carmaker launched a flex-fuel version of the Wagon R, becoming the first passenger vehicle in India to be…

Automotive
LaunchWagon R

Maruti suzuki india

Maruti Suzuki India Ltd has launched India's first flex-fuel car which gives the flexibility to customers to run on any blend of ethanol and petrol from E20 toE100.

Automobile
LaunchBeer

Medusa Beverages

Beer maker Medusa Beverages has entered South India, launching in Karnataka with plans for extensive retail reach.

Beer
LaunchLogistics and Warehousing Policy

Delhi government

The Delhi Government is preparing to launch a new Logistics and Warehousing Policy aimed at improving freight movement, reducing congestion, and attracting investment in the Capital,…

Logistics
M&AAcquisition · Announced

True north acquires Cloudnine

True North looks to sell Cloudnine stake

Healthcare - fertility and maternity care
FundingFinancing

Avaada group

Renewable energy company Avaada Group has secured $950 million in financing from a consortium of global and domestic banks for renewable energy projects in India.

Renewable energy
FundingSeries Funding

Paytm

Digital payments major Paytm is looking at raising another round of funding of $1 billion, and is in discussion with multiple investors, including former UK Prime Minister David Cameron,…

Investors David Cameron
Digital payments
LaunchNaturally degradable milk pouch (Cow Milk variant)

Mother dairy

Mother Dairy has announced the launch of what it describes as India's first naturally degradable milk pouch in soil. The packaging innovation will be introduced through the company's Cow…

Dairy / Packaging
M&AAcquisition · Announced

Mankind Lifesciences (MLS) acquires Upakarma ayurveda

Mankind Pharma's wholly owned subsidiary (WOS) -- Mankind Lifesciences (MLS) has acquired the remaining 10% stake of Upakarma Ayurveda (Upakarma) from Kaushcorp Media LLP through a share…

Ayurveda/Pharmaceutical
ContractInfrastructure

Bajel Projects · client: Datacenter Client

Bajel Projects has received a mega EPC contract from Datacenter Client (Mumbai) for design, engineering, procurement, supply, erection, testing, commissioning and performance testing of…

Infrastructure

Startup companies in Belgaum, by revenue

Browse startups in Belgaum by reported revenue, one-year revenue growth, revenue model, age and stage. The 36 companies below are the largest by their most recent reported revenue among 36 startups in Belgaum 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 36

Brand of whisky, vodka, rum, and brandy

Alcoholic beverage products
₹972.20 crFY 2024-25
+62%2024–2025
381+6% 12 mo to Sep 2024recorded Sep 2024
8 yr2018
0none in 3 months

Retailer of motor vehicles providing after-sales service and expert vehicle advice

Auto retail & aftersales
₹746.68 crFY 2024-25
-1%2024–2025
—Not available
4 yr2022
1postings · last posted Sep 2026

Manufacturer of bike helmets

Auto components
₹505.39 crFY 2023-24
+9%2023–2024
2,381+0% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Manufacturer of water meters and related digital solutions

Food & beverage products
₹304.06 crFY 2024-25
-21%2024–2025
818-52% 12 mo to Feb 2024recorded Feb 2024
14 yr2012
0none in 3 months

Manufacturer of sugar and related ingredients

Food processing
₹132.97 crFY 2024-25
-46%2024–2025
158-45% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Company offering cable, internet, and phone services to residential and business customers

Tv broadcasting services
₹77.50 crFY 2022-23
+11%2022–2023
13-13% 12 mo to Apr 2024recorded Apr 2024
11 yr2015
0none in 3 months

Agricultural company that specializes in the production and distribution of organic and inorganic fertilizers, pesticides, and micronutrients for various crops

Crop inputs
₹56.00 crFY 2024-25
+13%2024–2025
2+9% 12 mo to Jul 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacturer of toughened glass and automotive glass processing unit

Building materials
₹28.93 crFY 2024-25
+31%2024–2025
20-17% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of comprehensive selection of pre-owned vehicles, catering to customers in various regions through its multiple locations

Auto brands
₹21.35 crFY 2024-25
-6%2024–2025
14recorded Feb 2024
4 yr2022
0none in 3 months

Manufacturer of prefabricated steel buildings and complex architectural structures

Construction management services
₹20.15 crFY 2024-25
-18%2024–2025
12LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of industrial valves

Industrial automation equipment
₹7.84 crFY 2024-25
-14%2024–2025
7LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of real estate promoting and development services

Real estate & infrastructure developers
₹7.45 crFY 2024-25
+42%2024–2025
8LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Digital receipt management solutions for retail store and restaurants

Finance & accounting tech
₹4.79 crFY 2024-25
-12%2024–2025
40+30% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jul 2026

Manufacturer of roofing sheets, security cabins, and fabrication services

Building materials
₹4.05 crFY 2024-25
+41%2024–2025
3LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of tea processing services

Food processing
₹2.41 crFY 2024-25
+17%2024–2025
22-67% 12 mo to Jul 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Oct 2025

Developer of mesh-based connectivity solutions for IoT applications

Security & surveillance technology
₹1.70 crFY 2024-25
+106%2024–2025
15-79% 12 mo to Mar 2023LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jul 2026

Fixed wireless internet service provider

Telecom operators
₹1.42 crFY 2024-25
-20%2024–2025
3LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of record-keeping solutions for cattle farmers

Livestock tech
₹90.36 lakhFY 2024-25
+209%2024–2025
1+0% 12 mo to Sep 2024recorded Sep 2024
7 yr2019
0none in 3 months

Supplier of fertilizers and vegetable & fruit seeds

Crop inputs
₹81.98 lakhFY 2024-25
Not reported
—Not available
10 yr2016
0none in 3 months

Provider of consulting services in the life sciences industry

Biopharma outsourcing
₹73.17 lakhFY 2024-25
+185%2024–2025
9LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Apr 2026

Core banking software solutions provider

Banking tech
₹69.74 lakhFY 2024-25
-3%2024–2025
11-15% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
0none in 3 months

Provider of AIoT hardware solutions

Forestry tech
₹65.98 lakhFY 2024-25
-28%2024–2025
—Not available
4 yr2022
0none in 3 months

Provider of marketing and recruitment solutions

Hr services
₹50.37 lakhFY 2024-25
+54%2024–2025
13LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer of portable water filter device

Waste & water management
₹38.96 lakhFY 2024-25
+23%2024–2025
—Not available
10 yr2016
0none in 3 months

Plastic injection moulding machines and solutions provider

Manufacturing services
₹32.13 lakhFY 2024-25
+370%2024–2025
—Not available
14 yr2012
0none in 3 months
36 of 121 companies shown here · the full list is on Radar
Fliar Radar

Explore all 121 startups in Belgaum on Radar

This page shows the top 36. Radar has the complete, filterable list with contacts and live company signals.

Open startup in Belgaum on Radar
  • Every company, not just 50All 121 startups in Belgaum, 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 startups in Belgaum by what you are looking for

Browse startups in Belgaum across food, weddings, payments, manufacturing and mobility. Whether you want the best startups in Belgaum, new startups in Belgaum or startups that are hiring, pick a group below.

8 ways to explore startup in Belgaum

Food & beverage startupsWedding & matrimony platformsPayment & recharge startupsManufacturing & industrial startupsElectric vehicle & auto startupsSecurity, surveillance & IoT startups

Food & beverage startups

Food brands, processors and food ordering platforms based in Belgaum.

  1. Adityaa Milk

    Manufacturer of water meters and related digital solutions

    Food & beverage products
    See in list
  2. Arihant

    Manufacturer of sugar and related ingredients

    Food processing
    See in list
  3. The Tea Toast Co

    Provider of tea processing services

    Food processing
    See in list
  4. FoodBuddy

    Online platform for food ordering & delivery from restaurants

    Food tech
    Website
  5. Ganga Jaggery

    Manufacturer of pure, organic jaggery products, offering a range of conventional and powdered jaggery products

    Food processing
    Website

Wedding & matrimony platforms

Matrimonial and wedding vendor platforms serving communities in Belgaum.

  1. Appugol Matrimony

    Provider of a community-centric matrimonial platform

    Wedding tech
    Website
  2. Saptapadi Vivah

    Online platform offering matrimonial and matchmaking services

    Wedding tech
    Website
  3. Marry on Earth

    Platform providing vendor services marketplace for weddings

    Local services
    Website

Payment & recharge startups

Agent-based payment, mobile recharge and bill payment services.

  1. Mitra Payments

    Agent based payment solutions for consumers and businesses

    Payments
    Website
  2. Putticash

    App-based platform for enabling agent-based payments

    Payments
    Website
  3. PAN MITR

    App-based platform providing mobile recharge and utility bill payment services

    Payments
    Website

Manufacturing & industrial startups

Makers of machines, building materials, automation equipment and 3D printing services.

  1. Magnum Tuff

    Manufacturer of toughened glass and automotive glass processing unit

    Building materials
    See in list
  2. Aqua Control Valves

    Manufacturer of industrial valves

    Industrial automation equipment
    See in list
  3. Kulal Engineering

    Manufacturer of roofing sheets, security cabins, and fabrication services

    Building materials
    See in list
  4. WizAps

    Plastic injection moulding machines and solutions provider

    Manufacturing services
    See in list
  5. Carbine Systems

    Provider of AI and ML-based machines to revolutionize the production process in industries such as aviation, aerospace, and defense

    3d printing
    Website

Electric vehicle & auto startups

Electric scooters, conversion kits, vehicle repair and auto retail.

  1. Manickbag Automobiles

    Retailer of motor vehicles providing after-sales service and expert vehicle advice

    Auto retail & aftersales
    See in list
  2. Axorhelmets

    Manufacturer of bike helmets

    Auto components
    See in list
  3. Motocross India

    Provider of two wheeler repair services

    Local services
    Website
  4. KEVT INDIA

    Provider of EV conversion kits for rickshaws

    Electric vehicles
    See in list
  5. RIVOT MOTORS

    Manufacturer of electric scooters

    Electric vehicles
    See in list

Security, surveillance & IoT startups

Surveillance products, GPS tracking, drones and cybersecurity.

  1. SenseGiz

    Developer of mesh-based connectivity solutions for IoT applications

    Security & surveillance technology
    See in list
  2. Informant Networks

    Big data analytics based firewall & network security monitoring

    Cybersecurity
    Website
  3. I Tree Solutions

    Online retailer of security and surveillance products and accessories

    Security & surveillance technology
    Website
  4. TrackSmart

    GPS tracking system for monitoring vehicles

    Security & surveillance technology
    Website
  5. Meticulous Technology

    Provider of a home automation controller

    Smart homes
    Website

New startups in Belgaum

Recently founded startups in Belgaum.

  1. Vandyam

    Provider of AIoT hardware solutions

    Forestry tech
    See in list
  2. Reachmark

    Provider of marketing and recruitment solutions

    Hr services
    See in list
  3. Meukron

    Provides rapid prototyping solutions for microfluidics-based diagnostic devices

    Manufacturing services
    See in list
  4. Carbine Systems

    Carbine Systems

    Aerospace maritime and defense composites
    See in list
  5. Devalaya

    App-based platform for booking puja services at temples

    Local services
    See in list
39 companies in Belgaum

Startups hiring in Belgaum

Startups in Belgaum with open roles.

  1. Manickbag Automobiles

    Retailer of motor vehicles providing after-sales service and expert vehicle advice

    Auto retail & aftersales
    See in list
  2. Ecobillz

    Digital receipt management solutions for retail store and restaurants

    Finance & accounting tech
    See in list
  3. The Tea Toast Co

    Provider of tea processing services

    Food processing
    See in list
  4. SenseGiz

    Developer of mesh-based connectivity solutions for IoT applications

    Security & surveillance technology
    See in list
  5. SaSPinjara

    Provider of consulting services in the life sciences industry

    Biopharma outsourcing
    See in list
5 companies in Belgaum
Mobile reach

Top 10 startup apps from Belgaum

The most-installed Android apps published by startups headquartered in Belgaum — 63K installs between them. 12 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
3

Devalaya ( Proud to be Hindu )

by Devalaya

Installs7K
Rating—
Last updatedFeb 2026
View on Google Play ↗
Devalaya ( Proud to be Hindu ) screenshot 1Devalaya ( Proud to be Hindu ) screenshot 2Devalaya ( Proud to be Hindu ) screenshot 3Devalaya ( Proud to be Hindu ) screenshot 4Devalaya ( Proud to be Hindu ) screenshot 5Devalaya ( Proud to be Hindu ) screenshot 6
5

Adis

by ADIS

Installs4K
Rating—
Last updatedApr 2026
View on Google Play ↗
Adis screenshot 1Adis screenshot 2Adis screenshot 3Adis screenshot 4Adis screenshot 5Adis screenshot 6
8

SenseGiz Configuration App

by SenseGiz

Installs517
Rating—
Last updatedSep 2023
View on Google Play ↗
SenseGiz Configuration App screenshot 1SenseGiz Configuration App screenshot 2SenseGiz Configuration App screenshot 3SenseGiz Configuration App screenshot 4SenseGiz Configuration App screenshot 5SenseGiz Configuration App screenshot 6
The business behind the activity

Startup financials in Belgaum

Revenue, profit and growth from the filed annual accounts of 31 startups in Belgaum for FY24-25 — 38 of the 121 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 97% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,262.90 cr

31 companies filing accounts

combined net profit₹27.57 cr

1.2% aggregate margin

are profitable55%

17 of 31 companies

median revenue~₹90 lakh

the typical company

median revenue growth-3%

into FY24-25

earned by the top five97%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,315.30 crFY19-2019 filers
₹1,361.66 crFY20-2122 filers
₹1,891.11 crFY21-2226 filers
₹2,620.18 crFY22-2328 filers
₹2,581.19 crFY23-2429 filers
₹2,262.90 crFY24-2531 filers

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

Like-for-like

The same 25 companies over three years

+5%
FY22-23₹2,156.67 cr₹57.79 cr net
FY23-24₹2,098.94 cr₹9.04 cr net
FY24-25₹2,261.88 cr₹27.64 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 cr1644% profitable
₹1–10 cr862% profitable
₹10–100 cr367% profitable
₹100–1,000 cr475% 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

Shrinking15
0–20%1
20–50%4
50–100%4
Doubled+3

27 companies with accounts for both years; median growth -3%.

Profitability

Profit is concentrated at the top

17profitable
14loss-making
1.2%aggregate margin
0.3%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
Hermes DistilleryHERMES DISTILLERY PRIVATE LIMITED+62%₹972.20 cr
Magnum TuffMAGNUMTUFF INDIA PRIVATE LIMITED+31%₹28.93 cr
Manickbag AutomobilesMANICKBAG AUTOMOBILES PRIVATE LIMITED-1%₹746.68 cr
M B MotorsM. B. MOTORS PRIVATE LIMITED-6%₹21.35 cr
ISB InfrastructureISB INFRASTRUCTURE PRIVATE LIMITED-18%₹20.15 cr
Adityaa MilkVIJAYKANT DAIRY AND FOOD PRODUCTS LIMITED-21%₹304.06 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Hermes DistilleryHERMES DISTILLERY PRIVATE LIMITED8.2%₹972.20 cr
M B MotorsM. B. MOTORS PRIVATE LIMITED1.1%₹21.35 cr
Manickbag AutomobilesMANICKBAG AUTOMOBILES PRIVATE LIMITED1.0%₹746.68 cr
ISB InfrastructureISB INFRASTRUCTURE PRIVATE LIMITED0.9%₹20.15 cr
Adityaa MilkVIJAYKANT DAIRY AND FOOD PRODUCTS LIMITED0.3%₹304.06 cr
Leaders

Largest startups by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Hermes DistilleryHERMES DISTILLERY PRIVATE LIMITED₹972.20 cr₹79.53 cr8.2%+62%
Manickbag AutomobilesMANICKBAG AUTOMOBILES PRIVATE LIMITED₹746.68 cr₹7.79 cr1.0%-1%
Adityaa MilkVIJAYKANT DAIRY AND FOOD PRODUCTS LIMITED₹304.06 cr₹93.07 lakh0.3%-21%
ArihantARIHANT SUGAR INDUSTRIESS LIMITED₹132.97 cr−₹48.82 cr-36.7%-46%
Magnum TuffMAGNUMTUFF INDIA PRIVATE LIMITED₹28.93 cr−₹11.91 cr-41.2%+31%
M B MotorsM. B. MOTORS PRIVATE LIMITED₹21.35 cr₹23.28 lakh1.1%-6%
ISB InfrastructureISB INFRASTRUCTURE PRIVATE LIMITED₹20.15 cr₹18.03 lakh0.9%-18%
Aqua Control ValvesAQUA CONTROL VALVES PRIVATE LIMITED₹7.84 cr₹73.44 lakh9.4%-14%
Orionis Promoters and DevelopersORIONIS PROMOTERS AND DEVELOPERS PRIVATE LIMITED₹7.45 cr₹7.32 lakh1.0%+42%
EcobillzECOBILLZ PRIVATE LIMITED₹4.31 cr₹19.44 lakh4.5%-21%
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

Startup funding and M&A across India

37,239 recorded equity rounds have gone to 336,782 startups in India — how much, at which stage, into which sub-sectors, from whom, and how Belgaum compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months937

US$8.43bn

equity rounds, last 24 months3467

US$23.98bn

raised over five yearsUS$121.75bn

17,208 rounds in India

M&A deals, India4615

last 24 months

Capital by year

Equity funding into startup in India

amount rounds
$15bn20182493
$19bn20192842
$37bn20202774
$38bn20213915
$29bn20224039
$16bn20233121
$17bn20243117
$15bn20252377
$6.6bn2026639

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$37.99bn across 3915 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$1.16bn2,889 rounds · median US$111k
SeedUS$9.20bn9,663 rounds · median US$464k
Series AUS$16.95bn2,388 rounds · median US$4.09m
Series BUS$16.36bn1,023 rounds · median US$10.65m
Series CUS$14.69bn500 rounds · median US$21.22m
Series D+US$45.54bn619 rounds · median US$30.12m
Private equityUS$7.52bn90 rounds · median US$52.32m
Where the money went · five years

Most-funded sub-sectors

Horizontal e-commerceUS$5.93bn74 rounds · 36 companies
Electric vehiclesUS$5.50bn455 rounds · 172 companies
Online groceryUS$5.35bn517 rounds · 186 companies
PaymentsUS$4.90bn273 rounds · 124 companies
Alternative lendingUS$4.87bn515 rounds · 228 companies
Consumer and sme loansUS$4.12bn189 rounds · 83 companies
Solar energyUS$3.38bn122 rounds · 64 companies
Corporate activity · last 24 months

M&A in India

4204Acquisition
356Merger
16Announced

Most active acquirers

  1. Na78
  2. Nazara technologies40
  3. Adani group38
  4. Ambuja cements35
  5. Wipro30

Most acquired or merged

  1. Jaiprakash Associates39
  2. Rajasthan royals37
  3. Na29
  4. Yes bank18
  5. Orient cement16

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

Startup funding in Belgaum

5 startups in Belgaum have recorded equity funding, US$1.75m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Belgaum

Meet the people behind startups in Belgaum. 38 of 121 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring startup in India and nearby markets.

Coming soon