Radar Companies · Bhubaneswar
Radar · in Bhubaneswar

Top Startups in Bhubaneswar

The 741 top startups and companies in Bhubaneswar, India in 2026, across all sectors — ranked by total equity funding and momentum. Funding, investors, founders, valuation and live signals. Top: Annapurna Finance.

741companies tracked
$429.8Mdisclosed funding
0unicorns
55have raised

Ranked: Best companies in Bhubaneswar

#CompanyRevenueDisclosed fundingRevenue YoYEmployeesTech stackWeb popularityRecent signals
1Annapurna Finance
Provider of microfinance services for economic empowerment
80Funding top 13%Product top 18%Innovation top 20%Moat top 21%
All 11 signals ▾
Fundingtop 13%
Producttop 18%
Innovationtop 20%
Moattop 21%
Newstop 22%
Markettop 24%
Fin. healthtop 29%
Growthtop 41%
Talenttop 41%
Globalbottom 39%
Techbottom 34%
Funding: Raised $248M across 18 rounds · 18 rounds over 14 yrs (1.3/yr)
Product: 10 distinct product lines · Company stage: Series F
rank vs industry peers · Fliar Intelligence Index 80/100
$258M
FY2025
$248M+5%11,346WordPressMySQLPHP+18Top 500k
2Sunshine Hospitals
Chain of multispeciality hospitals
$71M
FY2025
$40M+29%1
3MAYFAIR Hotels
Chain of luxury hotels and resorts
$65M
FY2025
$6M+17%1Cart FunctionalityAmazon Web ServicesCloudflare+21Top 500k3 awards
4Milk Mantra
Brand of multi-category dairy products
$34M
FY2024
$33M+1%468BootstrapCloudflare Rocket LoaderOWL Carousel+8Top 10M
5Odisha Television
News channel focused on weather forecasting
$11M
FY2025
$483K+17%333PubLiveApple iCloud MailFacebook Login+29Top 100k
6Tatwa
Provider of mobile application & web development, data analysis, cyber security, system integration, and…
$9M
FY2025
$615K+30%1,109
1,109 → 1,312 (+18%)
BootstrapFont Awesomecdnjs+9Top 5M
7CureBay
Online platform offering multiple healthcare services
$8M
FY2025
$14M+467%81Cart FunctionalityLeafletUbuntu+24Top 1M1 job opening
8Innocule
Provider of chemical solutions for efficient mineral processing
24Talent top 45%Growth bottom 49%Tech bottom 48%Moat bottom 38%
All 8 signals ▾
Talenttop 45%
Growthbottom 49%
Techbottom 48%
Moatbottom 38%
Globalbottom 36%
Fundingbottom 35%
Fin. healthbottom 34%
Marketbottom 27%
Talent: 2 named leaders on record
Growth: Headcount 99 → 118 (+19%) across vintages · Web rank 10,000,000 → 50,000,000 YoY
rank vs industry peers · Fliar Intelligence Index 24/100
$4M
FY2025
$958K118
118 → 90 (-24%)
Wix eCommerceWixSentry+10Top 10M
9KIIT
College offering multiple courses and degrees
$4M
FY2025
$332K+3%424WordPressPleskMySQL+31Top 500k
10Vector Finance
Provider of microcredit services
$3M
FY2025
$2M-46%1,051Master SliderWordPressMySQL+28Top 10M
11Parisbakery
Online bakery offering cakes, pastries, and other baked goods with same-day delivery
$3M
FY2018
$37K+28%3Windows ServerBootstrapMicrosoft ASP.NET+16Top 10M
12Aquapulse
Provider of aquaculture solutions designed to enhance sustainability and minimize losses
$3M
FY2025
$3MVercelCloudflareUnpkg+3Top 10M1 award
13Karma Energy
Offers renewable energy services
$2M
FY2025
$33K+64%15WordPressMySQLPHP+25Top 10M
14Edusys
Managament Learning Platform for Working Professionals
$1M
FY2025
$9M-20%76PleskDreamWeaverWindows Server+4Top 10M
15Kanungo Institute of Diabetes Specialities
Provider of live draw results for a lottery game online
8Talent bottom 49%Funding bottom 45%Global bottom 32%Growth bottom 30%
All 8 signals ▾
Talentbottom 49%
Fundingbottom 45%
Globalbottom 32%
Growthbottom 30%
Moatbottom 30%
Techbottom 29%
Marketbottom 22%
Fin. healthbottom 20%
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $3.0M across 3 rounds · 3 rounds over 12 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 8/100
$1M
FY2023
$3M-23%31
16Aurassure
AI-powered climate intelligence and environmental monitoring solutions using IoT sensors
60Growth top 23%Talent top 23%News top 34%AI top 35%
All 12 signals ▾
Growthtop 23%
Talenttop 23%
Newstop 34%
AItop 35%
Moattop 38%
Techtop 46%
Fundingbottom 42%
Fin. healthbottom 42%
Marketbottom 40%
Productbottom 40%
Globalbottom 37%
Partnersbottom 35%
Growth: Headcount 16 → 32 (+100%) across vintages · Web rank 10,000,000 → 5,000,000 YoY
Talent: 5 named leaders on record · 5 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 60/100
$952K
FY2025
$492K32
32 → 52 (+62%)
WordPressMySQLPHP+27Top 5M
17BonV Aero
Manufacturer of advanced unmanned aerial vehicles with heavy-payload capacity for logistics, defence, and…
$893K
FY2025
$722K+67%22WordPressMySQLPHP+24Top 5M1 job opening
18Mo Ambulance
Provider of a mobile application for booking ambulance services
$846K
FY2025
$47K+129%Node.jsGoogle MapsTailwind CSS+12Top 50M
19EzeRx
Manufacturer of non-invasive, IoT-enabled medical diagnostic devices.
45Innovation top 27%Talent top 28%Moat top 34%Product top 45%
All 11 signals ▾
Innovationtop 27%
Talenttop 28%
Moattop 34%
Producttop 45%
Techtop 50%
Growthbottom 49%
Fundingbottom 43%
Marketbottom 42%
Fin. healthbottom 35%
Globalbottom 32%
Newsbottom 27%
Innovation: 3 product lines · Deep-tech classification: Tech Hardware
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 45/100
$759K
FY2025
$4M-34%45Cart FunctionalityPleskZoho+22Top 5M1 launch
20OrangeCross
Provider of home care nursing services
$713K
FY2025
$329K+54%81Wix eCommerceWixSentry+15Top 50M
21Indna Lifesciences
Developer of DNA-based molecular detection tests and companion diagnostics for personalized medicine
$522K
FY2025
$497K+11%1Google MapsYouTubeBootstrap+14Top 50M
22Imgenex India
Manufacturer of antibodies and reagents
$511K
FY2025
$297K+8%24DreamWeaverPHPNginx+5Top 10M
23Vasitars
Maintenance and repair services provider
$407K
FY2022
$220K58PHPBootstrapIsotope+9Top 50M
24BookingJini
Provider of hotel booking engine, channel manager, and property management
$369K
FY2025
$4M38WordPressMySQLPHP+22Top 1M
25Bariflo Cybernetics
Developer of sustainable technology solutions for aquaculture farming
$149K
FY2025
$40K-20%YouTubeReactReact Router+5Top 50M
26Bariflo Labs
Provider of water bodies monitoring and management solutions
$149K
FY2025
$40K-20%17
27LectureNotes Technologies
Marketplace for undergraduate students' notes, faculty notes, and solved question papers
$100K
FY2024
$3M-40%20
28Orduino
GPS based vehicle tracking system
$77K
FY2017
$39K+50%
29Elmentoz
Provider of alternative protein solutions for animal feed and other applications
$59K
FY2025
$6M+39%WordPressMySQLPHP+18Top 10M1 job opening
30Dahibara Express
Chain of full service restaurant serving Indian cuisine
$49K
FY2025
$36K+39%2PHPYouTubeBootstrap+15Top 5M1 expansion
31Emeat
Online marketplace for ordering fresh meat and seafood
$46K
FY2025
$43K-34%Cart FunctionalityWooCommerceWordPress+19Top 5M
32Fydo
Platform offering customer loyalty and rewards using AI
$44K
FY2025
$78K+14%29TurbopackNode.jsRadix UI+16Top 5M
33Vertoxlabs
Provider of advanced analytical services for environmental monitoring
$34K
FY2025
$61K-50%
34GoPik
Provider of last-mile eCommerce delivery services
$28K
FY2024
$287K

Top 12 companies in Bhubaneswar

#1
Series F · Bhubaneswar, Odisha · founded 2009 · 11346 employees
$248.4Mraised

Provider of microfinance services for economic empowerment. It offers a diverse range of financial products include Just in Time, Group, MSME Business, Housing, Samarth, Home Improvement & Agricultural Loans and Safe Water & Sanitation to Households.

Fliar Intelligence Index™ 80how this company ranks against its industry peers
Funding
top 13%
Product
top 18%
Innovation
top 20%
Moat
top 21%
News
top 22%
Market
top 24%
Funding: Raised $248M across 18 rounds · 18 rounds over 14 yrs (1.3/yr) · Last round Conventional Debt (Feb 2026)
Product: 10 distinct product lines · Company stage: Series F
Innovation: 10 product lines
Audience (LinkedIn): 50k LinkedIn followers — 17.9% of this cohort's audience
Funding rounds
  • Feb 2026Conventional Debt$100M
  • Dec 2024Conventional Debt$109.5M
  • Jan 2024Series F$71.8M
  • Jun 2022Series E$15M
Founders & team
Gobinda PattanaikFounder & Managing Director
Investors
SIDBI, SIDBI Venture Capital, BIO Invest, Incofin Investment Management, DEG, Bamboo Capital Partners
Tech stack
A3 Lazy LoadAmazon Web ServicesAosApache Http ServerContact Form 7Google Analytics
#2
Series A · Bhubaneswar, Odisha · founded 2023
$2.7Mraised

Provider of aquaculture solutions designed to enhance sustainability and minimize losses. The company delivers solutions and technology to minimize post-harvest loss, enhance efficiency, and promote sustainability. It offers supply chain optimization, market linkage, export facilitation, and regulatory compliance support. The company also provides environmental monitoring, expert insights, digital advisory, and technical support.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 1 awards announced in 12 mo
Funding rounds
  • Apr 2026Series A$2.7M
  • Oct 2025Seed$28.5K
  • Sep 2025Seed
  • Jul 2025Venture Debt
Founders & team
Abhilash DwivedyCo-Founder & Chief Growth OfficerAbhishek DwivedyCo-Founder & CEOAnanya MohapatraCo-Founder
Investors
Caspian Debt, NABKISAN Finance, Nextgen Technology Fund, Pontaq, NABVENTURES
Tech stack
CdnjsCloudflareHstsMicrosoft 365UnpkgVercel
#3
Seed · Bhubaneswar, Odisha · founded 2022
$6.5Mraised

Provider of alternative protein solutions for animal feed and other applications. The company focuses on using waste streams to produce insect protein. It champions a circular economy approach to bolster the food system. The company offers solutions to reduce carbon and water footprints.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Delivery Manager, Generative AI Scientist (Computational Biology)
Funding rounds
  • Dec 2025Seed$4.5M
  • Sep 2025Seed$1M
  • Jun 2025Seed$943.5K
  • 2023Grant (prize money)
Founders & team
Christen HveemCo-FounderPadmaja MohantyCo-Founder & CTO
Investors
BIRAC, Mirto, NS Trading and Investments, Namaste Holding
Tech stack
AosCore-JsElementorFont AwesomeGoogle Font ApiHostinger
#4
Series B · Bhubaneswar, Odisha · founded 2020 · 81 employees
$14.3Mraised

Online platform offering multiple healthcare services. It provides a range of healthcare services, including scheduling appointments, providing teleconsultations, delivering medicine, addressing the diagnostic needs of patients, and facilitating admission for tertiary care at partner hospitals via a transparent booking model and concierge services.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 2.6% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Clinical Growth Manager
Funding rounds
  • Feb 2025Series B$21M
  • Dec 2023Series A$7.5M
  • Aug 2023Venture Debt$30.3K
  • Oct 2022Series A$6.1M
Founders & team
Shobhan MahapatraCo-FounderSanjay SwainCo-Founder & CTOPriyadarshi MohapatraCo-Founder & CEO
Investors
Elevar Equity, InCred Wealth, Bertelsmann India Investments, British International Investment, Stride Ventures, InCred Capital
Tech stack
Ant DesignAosApache Http ServerCart FunctionalityCdnjsCloudflare
#5
Seed · Bhubaneswar, Odisha · founded 2022 · 32 employees
$492.3Kraised

AI-powered climate intelligence and environmental monitoring solutions using IoT sensors. It uses IoT-based sensor networks, satellite data, and machine learning models to track air quality, weather conditions, heat, flooding, and other environmental risks in real time. The platform provides actionable insights and predictive alerts for governments, cities, and enterprises to improve urban planning, disaster preparedness, and sustainability outcomes through data-driven climate intelligence systems.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Growth
top 23%
Talent
top 23%
News
top 34%
AI
top 35%
Moat
top 38%
Tech
top 46%
Growth: Headcount 16 → 32 (+100%) across vintages · Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Talent: 5 named leaders on record · 5 C-suite/founder profiles curated
News: 3 BI events in 12 mo (of 7 tracked, 3 types) · Top themes: Funding, Contracts
Audience (LinkedIn): 24k LinkedIn followers — 8.6% of this cohort's audience
Funding rounds
  • Dec 2025Seed$3M
  • Sep 2023Seed$494.2K
Founders & team
Akanksha PriyadarshiniCo-Founder and CEOOmprakash PatraCo-FounderVamsi KrishnaCo-Founder & CTO
Investors
Unicorn India Ventures, Rainmatter, Maithan Alloys, FTBI, RiDiK, STPI
Tech stack
All In One SeoAmazon S3Amazon Web ServicesCdnjsCloudflareCore-Js
#6
Seed · Bhubaneswar, Odisha · founded 2018 · 45 employees
$4.4Mraised

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Fliar Intelligence Index™ 45how this company ranks against its industry peers
Innovation
top 27%
Talent
top 28%
Moat
top 34%
Product
top 45%
Tech
top 50%
Growth
bottom 49%
Innovation: 3 product lines · Deep-tech classification: Tech Hardware
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 27% by revenue among 11 tracked Hematology companies · Editorial + unicorn rating 5/10
Audience (LinkedIn): 26k LinkedIn followers — 9.3% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Jan 2025Seed$925.2K
  • Oct 2023Seed$3.4M
  • Jun 2022Seed
  • Oct 2021Angel$673.1K
Founders & team
Sudip ChowdhuryCo-FounderPartha MahapatraCo-Founder & CEOChaitali RoyCo-Founder & COO
Investors
Nidhi-Prayas, BIRAC, Ministry of Electronics & Information Technology, Indian Oil, Startup Odisha, Sun Pharma
Tech stack
Amazon S3Amazon Web ServicesAnimate.CssBootstrapCart FunctionalityCloudflare
#7
Seed · Bhubaneswar, Odisha · founded 2021 · 22 employees
$721.6Kraised

Manufacturer of advanced unmanned aerial vehicles with heavy-payload capacity for logistics, defence, and high-altitude operations. The company focuses on developing cutting-edge drone technology for mission-critical applications. It's drone solutions are designed to promote electric aircrafts and reduce carbon emissions. The company operates in the aviation and aerospace component manufacturing industry.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 3.1% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Designer – Marketing & Creative
Funding rounds
  • Aug 2025Seed$571.3K
  • Jan 2025Seed$1.5M
  • 2024Angel$1.6M
  • Jun 2024Seed$1.6M
Founders & team
Umang RathiCo-Founder & COOSultan AlamCo-Founder & Chief of ManufacturingRahul KumarCo-Founder & Chief of Design
Investors
CVRCE Technology Incubator Foundation, IIT Mandi Catalyst, Headstart, IIT Mandi, CV Raman Global University, Inflection Point Ventures
Tech stack
AosBootstrapCdnjsCloudflareCloudflare Browser InsightsContact Form 7
#8
Seed · Bhubaneswar, Odisha · founded 2015 · 38 employees
$3.8Mraised

Provider of hotel booking engine, channel manager, and property management. The company offers a booking system that integrates with hotel websites. It provides a channel manager connecting properties with online travel agencies. The company also offers property management software and a centralized reservation management system.

Funding rounds
  • Nov 2024Angel$72.6K
  • Dec 2023Seed$579.6K
  • Oct 2021Seed$3.3M
  • Sep 2019Seed$419.2K
Founders & team
SwostiCo-FounderSibasishCo-Founder & CEO
Investors
Inflection Point Ventures, Invstt, Anjana Software Solutions, Mumbai Angels, Esquire Realtors, Salarpuria Investment
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesApache Http ServerApexcharts.JsBootstrap
#9
Seed · Bhubaneswar, Odisha · founded 2021
$358.1Kraised

Developer of nano drug delivery platform for cancer treatment. The company is developing exosome-based chemotherapeutic drug-delivery platform to facilitate precise and guided delivery of anti-cancer drugs into tumor cells and relapse-causing cells without harming the healthy cells.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Oct 2025Seed$11.3K
  • Jan 2025Seed$346.9K
Founders & team
Swastika PaulCo-FounderAbhishek DuttaCo-Founder & CEO
Investors
Unicorn India Ventures, AIC-Nalanda Institute Of Technology Foundation, BIRAC
Tech stack
Backbone.JsBootstrapBunnyBunny FontsContact Form 7Core-Js
#10
Seed · Bhubaneswar, Odisha · founded 2015
$577.4Kraised

Prantae is a developer of medical imaging, spectroscopy, and molecular progenitor device, especially during pregnancy. The company offers a single prognosis single detector for the medical professional as well as self-monitoring devices like ProFlo-U, EyeRa-Sense, and Embargo. It also offers technologies for the detection of plasmonics and optofluidics.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jan 2025Seed$577.4K
Founders & team
Kumar AbhishekCo-Founder & Chief Commercial Officer Neel GuriaCo-Founder & Chief Technology OfficerSumona MishraCo-Founder
Investors
Indian Angel Network, C-CAMP
Tech stack
Node.JsHeadless UiReactNext.JsPriority HintsNetlify
#11
Acquired · Bhubaneswar, Odisha · founded 2009 · 1 employees
$40.3Mraised

Chain of multispeciality hospitals. It offers a range of medical services include Cardiology, Orthopedics, Neurology, Nephrology, Pediatrics, Dermatology, Gynecology, Pulmonology, ENT, Dentistry, Gastroenterology, Plastic Surgery, Physiotherapy, Ophthalmology, Urology, Patient Care and Facilities and Amenities.

Founders & team
Gurava ReddyFounder & Managing Director
Investors
Asian Institute of Gastroenterology, Regalcorporate, Veen Promoters, Regal Corporate Advisors, Crest Clienical Services, Merlin Holdings
Tech stack
WordpressMysqlPhpChart.JsUbuntuBootstrap
#12
Acquired · Bhubaneswar, Odisha · founded 2009 · 468 employees
$32.7Mraised

Brand of multi-category dairy products. Milk Mantra brings ethically sourced pure milk & milk products through their brands Milky Moo & Daily Moo to urban consumers in Odisha and Kolkata.

Funding rounds
  • Jun 2020Conventional Debt$10M
  • Jan 2017Series D$10M
  • Jun 2014Series C$13.1M
  • Dec 2013Series B$95.8K
Investors
Aavishkaar Capital, Odisha Television, Eight Roads Ventures, DFC, IDBI Bank, CVR Holdings
Tech stack
BootstrapCloudflareCloudflare Browser InsightsCloudflare Rocket LoaderGoogle AnalyticsGoogle Font Api

Funding & investor landscape

$429.8Mtotal disclosed funding
49companies funded
119disclosed rounds
1rounds last 90 days
Most active investors
KIIT-TBI20 rounds
BIRAC16 rounds
Pontaq7 rounds
Atal Innovation Mission4 rounds
C-CAMP4 rounds
AIC-SMUTBI3 rounds
Brand Capital3 rounds
IIT Mandi Catalyst3 rounds
SIDBI Venture Capital3 rounds
Startup Odisha3 rounds

Notable founders

Gobinda Pattanaik
Founder & Managing Director · Annapurna Finance
Abhilash Dwivedy
Co-Founder & Chief Growth Officer · Aquapulse
Abhishek Dwivedy
Co-Founder & CEO · Aquapulse
Christen Hveem
Co-Founder · Elmentoz
Padmaja Mohanty
Co-Founder & CTO · Elmentoz
Shobhan Mahapatra
Co-Founder · CureBay
Sanjay Swain
Co-Founder & CTO · CureBay
Akanksha Priyadarshini
Co-Founder and CEO · Aurassure
Omprakash Patra
Co-Founder · Aurassure
Sudip Chowdhury
Co-Founder · EzeRx
Partha Mahapatra
Co-Founder & CEO · EzeRx
Umang Rathi
Co-Founder & COO · BonV Aero

Common questions

How many startups are there in Bhubaneswar?
Radar tracks 741 indexable startups and companies headquartered in Bhubaneswar, India, across all sectors that meet our profile-completeness bar.
What is the total funding raised by startups in Bhubaneswar?
The startups in Bhubaneswar on this list have raised a combined $429.8M in disclosed equity funding across 49 funded companies.
Which is the highest-funded startup in Bhubaneswar?
Annapurna Finance is the highest-funded company in Bhubaneswar, with $248.4M in disclosed equity funding.
How many startups in Bhubaneswar are funded?
49 of the 741 startups in Bhubaneswar on this list have disclosed at least one equity funding round.
How many unicorns are there in Bhubaneswar?
None of the startups in Bhubaneswar on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Bhubaneswar startups?
The most active investors in Bhubaneswar startups on this list include KIIT-TBI, BIRAC, Pontaq, Atal Innovation Mission, C-CAMP.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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