Company lists
The Gandhinagar edition · 2026

Startupcompanies in Gandhinagar

IT & software, agri & food, fintech & investing, pharma & manufacturing, education and more: the companies building startup in Gandhinagar, with their founders, funding, team size and business models.

438 company profiles102 with reported revenue8 with recorded fundingSeptember 2026 edition
Gandhinagar · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent startup business events in Gandhinagar

Funding, M&A, contract wins and launches involving 832 startups in Gandhinagar, last 24 months: 37 Contracts · 11 funding rounds · 7 M&A deals · 5 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

LaunchWomen in Fintech Accelerator

Gujarat international finance tec-city

Gujarat International Finance Tec-City (GIFT City) on Thursday announced the launch of Women in Fintech Accelerator, an initiative that aims to improve the participation of women-led…

Accelerator / Investment Readiness Program
ContractSupply

GAIL Ltd. · client: Sabarmati gas

Sabarmati Gas is restricting supply to 50% of the daily contracted quantity from March 6, 2026.

ContractInfrastructure

Na · client: Gujarat maritime board

It has also signed a ₹ 4,250 crore memorandum of understanding with the Gujarat Maritime Board covering infrastructure augmentation, a proposed maritime cluster and a training-focused…

Contract

Vodafone Group · client: Vodafone idea

Vodafone Group will set aside 3,280 million of its shares in Vodafone Idea for Vi’s benefit.

Telecom
ContractInfrastructure

Desco Infratech · client: Gujarat gas

Desco Infratech Limited has received a purchase order worth Rs. 9.38 crore from Gujarat Gas Limited. The order includes PNG installations in the Surat GA region and O&M activities in the…

City gas distribution
ContractSupply

Hfcl · client: Vodafone idea

HFCL has won commercial deals from Vodafone Idea (Vi) to supply IP/MPLS routers for the telco's fifth-generation (5G) network in several circles.

Telecom
ContractGovernment

Gujarat Pipavav Port Ltd (GPPL) · client: Gujarat maritime board

Gujarat Pipavav Port Ltd (GPPL) has signalled that its recently signed ₹17,000-crore Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) is not a binding contract.

Marine and landside assets
ContractSupply

Loyal equipments · client: Indian oil

Loyal Equipments Ltd has secured a ₹ 7.61 crore order from Indian Oil Corporation’s Mathura Refinery for an Air Fin Cooler Assembly, to be executed over 8 months.

ContractInfrastructure

Gujarat Pipavav Port Ltd (GPPL) · client: Gujarat maritime board

Gujarat Pipavav Port Ltd (GPPL) has signed a non-binding Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) to explore proposed future investments worth ₹17,000…

Infrastructure
ContractSupply

Qatarenergy · client: Gujarat State Petroleum Corporation

QatarEnergy has signed a 17-year sales and purchase agreement (SPA) with Gujarat State Petroleum Corporation (GSPC) for the supply of up to 1 million tons per annum (MTPA) of liquefied…

Energy
ContractGovernment

Gujarat pipavav port limited · client: Gujarat maritime board

Gujarat Pipavav Port Limited (APM Terminals Pipavav) has signed a non-binding Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) to invest Rs 17,000 crore in future…

Maritime/Port
M&AAcquisition · Completed

Rediff.com acquires Infibeam avenues

This strategic move has resulted in Infibeam Avenues increasing its shareholding in Rediff to 82.66%, marking a substantial expansion of its stake in the prominent Indian internet company.

Fintech
ContractGovernment

Swan Defence and Heavy Industries Limited · client: Gujarat maritime board

Swan Defence (SDHI) has signed a ₹4,250 crore MoU with Gujarat Maritime Board to enhance shipbuilding infrastructure, expand capacity, and develop a 200-acre Maritime Cluster and a…

Shipbuilding and maritime infrastructure
ContractService

Tata consultancy services · client: Vodafone idea

Tata Consultancy Services (TCS) has bagged a five-year contract from Vodafone Idea (Vi) to overhaul the telecom operator’s business support system (BSS) with an AI-powered,…

Telecom
M&AAcquisition · Rumored

Strategic Investor acquires Vodafone idea

The government is looking for a strategic investor willing to put in $1 billion (about Rs 8,800 crore) for a 12-13 percent stake in Vodafone Idea.

Telecom
ContractService

ITI Limited · client: Guj info petro

ITI Limited, India’s premier public sector telecom company, has been empanelled as a System Integrator by Guj Info Petro Limited (GIPL) for two major IT projects in Gujarat. The 36-month…

IT / Telecommunications
ContractService

Kiri Oilfield Services · client: Selan exploration technology

Partner Selan Exploration Technology Ltd will also deploy a drilling rig contracted from Kiri Oilfield Services to drill a new well on the Cambay production sharing contract in October.…

Oil & Gas
FundingRights issue

Infibeam avenues

Infibeam Avenues has concluded its 700-crore rights issue, which was oversubscribed by 1.4 times.

Investors Na
Fintech, AI, Digital Payments
ContractService

Hitachi Hi-Rel Power Electronics · client: Envirotech

Additionally, the company had earlier received a significant service order from Hitachi Hi-Rel Power Electronics Private Limited, a Hitachi group company, for the supply and installation…

Acoustic solutions
ContractService

Selan exploration technology · client: Aakash Exploration

Selan Exploration Technology Limited ("Selan") have contracted a 50-Tonne workover rig with Aakash Exploration to undertake three workovers, commencing with a workover on the C-64 well.

ContractSupply

Surya roshni · client: Gujarat gas

Surya Roshni will supply 3LPE coated electric resistance welded steel pipes to Gujarat Gas for multiple locations.

Oil & Gas
FundingRights Issue

Infibeam avenues

Rights Issue Committee of Infibeam Avenues, at its meeting held on June 19, approved raising funds of up to ₹6,99,98,57,230 through the rights issue.

Investors Na
M&AAcquisition · Announced

Dehaat acquires Neerx

DeHaat confirmed its acquisition of NEERX, gaining access to ISRO-validated SHOOL sensor technology and cloud-based analytics.

ContractSupply

Na · client: Hermes technologies

The company has secured a Rs.3.35 crore agreement with Hermes Technologies Private Limited to supply and implement a 1 GW solar photovoltaic (PV) plant.

Renewable Energy
ContractSupply

Trom Industries Limited · client: Hermes technologies

Trom Industries Limited has received a purchase order from Hermes Technologies Private Limited for the supply, installation, testing, and commissioning of a 1 MW grid-connected…

Renewable Energy
ContractService

Bajaj Finance · client: Tunwal

Tunwal E-Motors Limited (NSE: TUNWAL) has signed a standard merchant agreement with Bajaj Finance Limited that will allow customers to finance their electric two-wheeler purchases.

Automotive
M&AAcquisition · Announced

Goi acquires Vodafone idea

Markets regulator Sebi on Thursday exempted the government from making an open offer to the shareholders of Vodafone Idea Ltd (VIL) following its proposed acquisition of just over 34 per…

Telecom
M&AAcquisition · Announced

Indian Government acquires Vodafone idea

Vodafone Idea announced that the government will convert its dues into equity, acquiring shares worth ₹36,950 crore at an issue price of ₹10 per share.

Startup companies in Gandhinagar, by revenue

Browse startups in Gandhinagar 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 102 startups in Gandhinagar 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

Manufacturer of solar tracker components, including posts, tubes, purlins, and fasteners

Solar energy
₹1,869.52 crFY 2024-25
+85%2024–2025
—Not available
5 yr2021
0none in 3 months

Manufacturer of high-security registration plates and related IT solutions

Auto components
₹218.84 crFY 2023-24
+50%2023–2024
260LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of PVC and CPVC piping systems

Manufacturing services
₹213.85 crFY 2024-25
+13%2024–2025
52+45% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Aluminum extrusion profile manufacturer, specializing in high-quality products for various industries

Manufacturing services
₹165.09 crFY 2024-25
+36%2024–2025
—Not available
7 yr2019
0none in 3 months

Provider of premium quality zinc oxide for various industries

Diversified chemicals
₹148.07 crFY 2024-25
+16%2024–2025
6+0% 12 mo to Sep 2024recorded Sep 2024
13 yr2013
0none in 3 months

Manufacturer of agricultural and vegetable crop seeds and related products

Crop tech
₹128.07 crFY 2024-25
+5%2024–2025
13LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Motorcycle dealership offering sales and servicing of honda two-wheeler products

Auto retail & aftersales
₹86.94 crFY 2024-25
+36%2024–2025
—Not available
11 yr2015
0none in 3 months

Joint venture company that manufactures glass fabrics, including woven uni-directional and multi-axial glass fabrics, for various industrial applications

Composites
₹85.79 crFY 2024-25
-27%2024–2025
33LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of berry-based natural skincare products backed by science, offering protection, refreshment, rejuvenation, and age-defying benefits

Beauty & personal care products
₹78.18 crFY 2024-25
+16%2024–2025
—Not available
13 yr2013
0none in 3 months

Provider of online job placement services for skilled and unskilled workers

Hrtech
₹72.07 crFY 2024-25
+4%2024–2025
3,366-7% 12 mo to Sep 2024recorded Sep 2024
11 yr2015
0none in 3 months

Manufacturer of fiber-reinforced polymer products and part

Home furnishing products
₹69.47 crFY 2024-25
-30%2024–2025
—Not available
14 yr2012
0none in 3 months

Online platform for trade financing

Alternative lending
₹44.72 crFY 2021-22
Not reported
16+18% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Medical technology company that specializes in designing and manufacturing a wide range of medical devices

Diversified medical devices
₹41.99 crFY 2024-25
Not reported
61LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of hybrid seeds for vegetable, field, and forage crops

Crop tech
₹36.06 crFY 2024-25
+77%2024–2025
46+18% 12 mo to Sep 2024recorded Sep 2024
13 yr2013
0none in 3 months

Manufacturer of laminates

Building materials
₹32.47 crFY 2024-25
-20%2024–2025
—Not available
10 yr2016
0none in 3 months

Pharmaceutical company that specializes in the production of medicines and supplements

Traditional pharmaceuticals
₹28.26 crFY 2022-23
+34%2022–2023
103+32% 12 mo to Jul 2024recorded Jul 2024
4 yr2022
0none in 3 months

Provider of solar energy solutions and industrial electrical services

Manufacturing services
₹25.81 crFY 2024-25
+11%2024–2025
27LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacturer & supplier of organic and natural herbs, spices, and botanicals for various industries, including food, beverages, tea, cosmetics, and pharmaceuticals

Food processing
₹25.71 crFY 2024-25
+30%2024–2025
52LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of solar energy services and products

Solar energy
₹25.52 crFY 2024-25
+6%2024–2025
14LinkedIn · Jul 2026
11 yr2015
1postings · last posted Jul 2026

Company that specializes in the design and development of machine vision products and solutions for various industries

Medical products manufacturing machinery
₹24.90 crFY 2024-25
+13%2024–2025
76LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Developer of solar energy projects

Solar energy
₹21.24 crFY 2021-22
Not reported
21LinkedIn · Jul 2026
10 yr2016
2postings · last posted Sep 2026

Provider of research, hybrid, and improved varieties of agricultural seeds

Crop tech
₹23.59 crFY 2024-25
-11%2024–2025
—Not available
13 yr2013
0none in 3 months

Contract manufacturer of lightning products

Contract manufacturers
₹18.66 crFY 2024-25
-10%2024–2025
27-33% 12 mo to Jun 2020LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of digital agricultural solutions

Crop tech
₹17.51 crFY 2024-25
+20%2024–2025
100LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted May 2026
50 of 438 companies shown here · the full list is on Radar
Fliar Radar

Explore all 438 startups in Gandhinagar on Radar

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

Open startup in Gandhinagar on Radar
  • Every company, not just 50All 438 startups in Gandhinagar, 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 startups in Gandhinagar by what you are looking for

Browse top startups in Gandhinagar across IT, agritech, fintech and manufacturing. Find tech startups in Gandhinagar, startups hiring now and the latest new startups.

9 ways to explore startup in Gandhinagar

IT services, software & ERP startupsAgritech, seeds & food startupsFintech, trading & venture capitalPharma outsourcing & electronics manufacturingEducation, edtech & HR tech startupsElectric vehicle, energy & logistics startups

IT services, software & ERP startups

Software, app development and ERP startups in Gandhinagar.

  1. Serpent Consulting Services

    Provider of ERP services

    Erp services
    See in list
  2. Rumbum

    Provider of diversified application development and digital marketing services

    It services
    Website
  3. Biziverse

    Provider of cloud-based enterprise resource planning and customer relationship management software

    Enterprise resource planning
    Website
  4. TechAvidus

    Software services provider

    It services
    Website
  5. Smartify

    Provider of home automation consultation services

    Iot services
    Website

Agritech, seeds & food startups

Seed, farming and food and beverage startups in Gandhinagar.

  1. Western Bio Vegetable Seeds

    Manufacturer of agricultural and vegetable crop seeds and related products

    Crop tech
    See in list
  2. Alpine Seeds

    Provider of hybrid seeds for vegetable, field, and forage crops

    Crop tech
    See in list
  3. Jaynit Seeds

    Provider of research, hybrid, and improved varieties of agricultural seeds

    Crop tech
    See in list
  4. Agrovikas

    Provider of digital agricultural solutions

    Crop tech
    See in list
  5. Saral Agro

    Manufacturer of machinery for agriculture, dairy farming, and food processing

    B2b e-commerce
    See in list

Fintech, trading & venture capital

Investment tech, payments, asset management and venture funding startups.

  1. ViewTrade

    Provider of API-driven brokerage infrastructure and white-label trading solutions

    Investment tech
    Website
  2. Globezen Pay

    Agent-enabled money transfer and bill payment solutions

    Payments
    Website
  3. Acxelerate India

    Accelerator that enables startups and small and medium enterprises to scale up and grow globally through its programs, services, and networking opportunities

    Accelerators & incubators
    Website
  4. TRADO

    Online platform providing tools for stock trading

    Investment tech
    Website
  5. PDPU IIC

    Sector agnostic startup incubator

    Accelerators & incubators
    Website

Pharma outsourcing & electronics manufacturing

Contract pharma, PCB, auto component and industrial manufacturing startups.

  1. FTA HSRP Solutions

    Manufacturer of high-security registration plates and related IT solutions

    Auto components
    See in list
  2. Flowkem

    Manufacturer of PVC and CPVC piping systems

    Manufacturing services
    See in list
  3. Vintech Metals

    Aluminum extrusion profile manufacturer, specializing in high-quality products for various industries

    Manufacturing services
    See in list
  4. VAIISAN

    Manufacturer of automotive oil and related products

    Auto components
    Website
  5. Sruzam Labs

    Contract manufacturer of pharmaceutical formulations

    Biopharma outsourcing
    See in list

Education, edtech & HR tech startups

Colleges, learning platforms, test preparation and hiring tech.

  1. MyCosmosJobs

    Provider of online job placement services for skilled and unskilled workers

    Hrtech
    See in list
  2. STEMbotix

    Provider of learning kits for students

    K-12 edtech
    See in list
  3. Quantum Paper

    Mobile application developer for test preparation

    Test preparation tech
    Website
  4. Smart Block

    Provider of online activity-based learning solutions

    K-12 edtech
    Website
  5. OHA Akademy

    Online platform providing competitive exam preparation courses

    Test preparation tech
    Website

Electric vehicle, energy & logistics startups

EV makers, charging, solar, battery storage and logistics startups.

  1. Jash Energy

    Manufacturer of solar tracker components, including posts, tubes, purlins, and fasteners

    Solar energy
    See in list
  2. Ample Solar

    Provider of solar energy services and products

    Solar energy
    See in list
  3. Helios Natural

    Developer of solar energy projects

    Solar energy
    See in list
  4. PowerTree

    Manufacturer of solar powered products

    Solar energy
    See in list
  5. Akuntha

    Provider of O&M services for solar power plants

    Solar energy
    See in list

Marketing, consulting & construction services

Digital marketing agencies, consultants and project development firms.

  1. Ample Solar

    Provider of solar energy services and products

    Solar energy
    See in list
  2. Helios Natural

    Developer of solar energy projects

    Solar energy
    See in list
  3. SpreadMe Digital

    Provider of SEO, SMM, advertising, and web development services

    Marketing services
    Website
  4. Divine Infoservices

    Provider of application development and digital marketing services

    It services
    Website
  5. Rise Socially

    Rise Socially is a full-service digital marketing agency in India, with all digital marketing services like SEO, SEM, PPC, web design, social media marketing and more.

    Marketing services
    Website

New startups in Gandhinagar

Recently founded startups in Gandhinagar.

  1. Jash Energy

    Manufacturer of solar tracker components, including posts, tubes, purlins, and fasteners

    Solar energy
    See in list
  2. Vayana TradeXchange

    Online platform for trade financing

    Alternative lending
    See in list
  3. PVblink

    PVblink is a solar inverter manufacturing company providing reliable, affordable, and energy solutions

    Electricity transmission & distribution equipment
    See in list
  4. Kamla Amrut Pharmaceuticals

    Pharmaceutical company that specializes in the production of medicines and supplements

    Traditional pharmaceuticals
    See in list
  5. On2Cook

    Provider of patented hybrid cooking technology company transforming commercial kitchens

    Food tech
    See in list
130 companies in Gandhinagar

Startups hiring in Gandhinagar

Startups in Gandhinagar with open jobs.

  1. Ample Solar

    Provider of solar energy services and products

    Solar energy
    See in list
  2. Span System

    Company that specializes in the design and development of machine vision products and solutions for various industries

    Medical products manufacturing machinery
    See in list
  3. Helios Natural

    Developer of solar energy projects

    Solar energy
    See in list
  4. Agrovikas

    Provider of digital agricultural solutions

    Crop tech
    See in list
  5. Serpent Consulting Services

    Provider of ERP services

    Erp services
    See in list
20 companies in Gandhinagar
Mobile reach

Top 10 startup apps from Gandhinagar

The most-installed Android apps published by startups headquartered in Gandhinagar — 12.8M installs between them. 56 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

English Listening & Speaking

by IELTS Booster

Installs5.2M
Rating4.5632K ratings
Installs, year on year+10%
Last updatedApr 2026
View on Google Play ↗
English Listening & Speaking screenshot 1English Listening & Speaking screenshot 2English Listening & Speaking screenshot 3English Listening & Speaking screenshot 4English Listening & Speaking screenshot 5English Listening & Speaking screenshot 6
3

QUANTUM PAPER

by Quantum Paper

Installs979K
Rating—
Installs, year on year+30%
Last updatedMay 2026
View on Google Play ↗
QUANTUM PAPER screenshot 1QUANTUM PAPER screenshot 2QUANTUM PAPER screenshot 3QUANTUM PAPER screenshot 4QUANTUM PAPER screenshot 5QUANTUM PAPER screenshot 6
4

Maru Gujarat

by Maru Gujarat

Installs799K
Rating4.07K ratings
Installs, year on year+7%
Last updatedJul 2025
View on Google Play ↗
Maru Gujarat screenshot 1Maru Gujarat screenshot 2Maru Gujarat screenshot 3Maru Gujarat screenshot 4Maru Gujarat screenshot 5Maru Gujarat screenshot 6
5

Angel Academy Digital Class

by Angel Academy

Installs513K
Rating—
Installs, year on year+13%
Last updatedMay 2026
View on Google Play ↗
Angel Academy Digital Class screenshot 1Angel Academy Digital Class screenshot 2Angel Academy Digital Class screenshot 3Angel Academy Digital Class screenshot 4Angel Academy Digital Class screenshot 5Angel Academy Digital Class screenshot 6
6

Ahmedabad Metro (Official)

by Gujarat Metro Rail

Installs380K
Rating—
Installs, year on year+206%
Last updatedMay 2026
View on Google Play ↗
Ahmedabad Metro (Official) screenshot 1Ahmedabad Metro (Official) screenshot 2Ahmedabad Metro (Official) screenshot 3Ahmedabad Metro (Official) screenshot 4
7

Project VOID - Mystery Puzzles

by Hybriona

Installs360K
Rating4.4110K ratings
Installs, year on year+4%
Last updatedJan 2026
View on Google Play ↗
Project VOID - Mystery Puzzles screenshot 1Project VOID - Mystery Puzzles screenshot 2Project VOID - Mystery Puzzles screenshot 3Project VOID - Mystery Puzzles screenshot 4Project VOID - Mystery Puzzles screenshot 5Project VOID - Mystery Puzzles screenshot 6
8

Online LR Transport LR / Bilty

by OnlineLR

Installs284K
Rating—
Installs, year on year+19%
Last updatedMay 2026
View on Google Play ↗
Online LR Transport LR / Bilty screenshot 1Online LR Transport LR / Bilty screenshot 2Online LR Transport LR / Bilty screenshot 3Online LR Transport LR / Bilty screenshot 4Online LR Transport LR / Bilty screenshot 5Online LR Transport LR / Bilty screenshot 6
9

Habit Eazy - Habit & To Do Pal

by Trackzio

Installs198K
Rating4.261K ratings
Installs, year on year+17%
Last updatedMay 2026
View on Google Play ↗
Habit Eazy - Habit & To Do Pal screenshot 1Habit Eazy - Habit & To Do Pal screenshot 2Habit Eazy - Habit & To Do Pal screenshot 3Habit Eazy - Habit & To Do Pal screenshot 4Habit Eazy - Habit & To Do Pal screenshot 5Habit Eazy - Habit & To Do Pal screenshot 6
10

3D Snake VS Block Beats

by Innovana Games

Installs182K
Rating3.68412 ratings
Installs, year on year+5%
Last updatedApr 2024
View on Google Play ↗
3D Snake VS Block Beats screenshot 13D Snake VS Block Beats screenshot 23D Snake VS Block Beats screenshot 33D Snake VS Block Beats screenshot 43D Snake VS Block Beats screenshot 53D Snake VS Block Beats screenshot 6
The business behind the activity

Startup financials in Gandhinagar

Revenue, profit and growth from the filed annual accounts of 103 startups in Gandhinagar for FY24-25 — 124 of the 438 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 73% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹3,443.80 cr

103 companies filing accounts

combined net profit₹68.14 cr

2.0% aggregate margin

are profitable67%

69 of 103 companies

median revenue~₹2.6 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five73%

revenue concentration

Six-year view

Combined revenue of filing companies

₹814.62 crFY19-2057 filers
₹850.02 crFY20-2171 filers
₹1,145.50 crFY21-2279 filers
₹1,496.69 crFY22-2391 filers
₹2,606.02 crFY23-24102 filers
₹3,443.80 crFY24-25103 filers

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

Like-for-like

The same 80 companies over three years

+158%
FY22-23₹1,293.79 cr−₹16.60 cr net
FY23-24₹2,336.89 cr₹31.32 cr net
FY24-25₹3,337.88 cr₹79.25 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 cr3741% profitable
₹1–10 cr3773% profitable
₹10–100 cr2492% profitable
₹100–1,000 cr4100% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking27
0–20%27
20–50%13
50–100%11
Doubled+15

93 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

69profitable
34loss-making
2.0%aggregate margin
0.9%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
PVblinkPVBLINK TECHNOLOGY PRIVATE LIMITED+367%₹47.34 cr
PowerTreeIMAGINE POWERTREE PRIVATE LIMITED
Jash EnergyJASH ENERGY PRIVATE LIMITED+85%₹1,869.52 cr
Alpine SeedsALPINE SEEDS PRIVATE LIMITED+77%₹36.06 cr
MiCoBMICOB PRIVATE LIMITED
NSE IFSC Clearing CorporationNSE IFSC CLEARING CORPORATION LIMITED+63%₹27.08 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
PowerTreeIMAGINE POWERTREE PRIVATE LIMITED
Arvind PD CompositesARVIND PD COMPOSITES PRIVATE LIMITED13.8%₹85.79 cr
harmesHERMES TECHNOLOGIES PRIVATE LIMITED12.0%₹25.81 cr
Span SystemSPAN INSPECTION SYSTEMS PRIVATE LIMITED10.7%₹24.90 cr
Serpent Consulting ServicesSERPENT CONSULTING SERVICES PRIVATE LIMITED
Tuttsan PharmaTUTTSAN PHARMA PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Crop tech5₹216.66 cr~₹23.6 cr100%1.6%
Biopharma outsourcing5₹16.94 cr~₹2.5 cr60%-5.5%
Leaders

Largest startups by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Jash EnergyJASH ENERGY PRIVATE LIMITED₹1,869.52 cr₹46.30 cr2.5%+85%
FlowkemFLOWKEM POLY PLAST PRIVATE LIMITED₹213.85 cr₹8.10 cr3.8%+13%
Vintech MetalsVINITECH METAL PRIVATE LIMITED₹165.09 cr₹5.66 cr3.4%+36%
NaharNAHAR ZINC PRIVATE LIMITED₹148.07 cr₹1.31 cr0.9%+16%
Western Bio Vegetable SeedsWESTERN BIO VEGETABLE SEEDS PRIVATE LIMITED₹128.07 cr₹2.68 cr2.1%+5%
Royal HondaROYAL AUTODEAL PRIVATE LIMITED₹86.94 cr₹26.71 lakh0.3%+36%
Arvind PD CompositesARVIND PD COMPOSITES PRIVATE LIMITED₹85.79 cr₹11.87 cr13.8%-27%
BerricaADJAVIS VENTURE LIMITED₹78.18 cr−₹3.32 cr-4.2%+16%
MyCosmosJobsCOSMOS MANPOWER PRIVATE LIMITED₹72.07 cr₹61.27 lakh0.9%+4%
PVblinkPVBLINK TECHNOLOGY PRIVATE LIMITED₹47.34 cr₹1.00 cr2.1%+367%
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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 Gandhinagar compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1111

US$9.79bn

equity rounds, last 24 months3681

US$24.99bn

raised over five yearsUS$121.75bn

17,208 rounds in India

M&A deals, Gandhinagar7

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 Gandhinagar

7Acquisition

Most active acquirers

  1. Rediff.com1
  2. Strategic Investor1
  3. Dehaat1
  4. Vodafone idea1
  5. Goi1

Most acquired or merged

  1. Vodafone idea4
  2. Infibeam avenues1
  3. Neerx1
  4. Sangli Wind Energy (SWEPL)1

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

Startup funding in Gandhinagar

8 startups in Gandhinagar have recorded equity funding, US$8.39m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gandhinagar

Meet the people behind startups in Gandhinagar. 156 of 438 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gandhinagar startups by sub-sector

The most common specialisations among startups in Gandhinagar. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring startup in India and nearby markets.

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