Company lists
The Madurai edition · 2026

Startupcompanies in Madurai

IT & software, blockchain & crypto, hospitals & healthcare, food & grocery, matrimony & weddings and more: the companies building startup in Madurai, with their founders, funding, team size and business models.

400 company profiles64 with reported revenue4 with recorded fundingSeptember 2026 edition
Madurai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent startup business events in Madurai

Funding, M&A, contract wins and launches involving 843 startups in Madurai, last 24 months: 2 M&A deals · 2 launches · 2 Contracts · 1 funding round. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingPre-Series A

Impensus Electronics

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

Investors angel investors associated with the Chennai chapter of Keiretsu Forum, IN44 Capital
Agricultural Technology
M&AAcquisition · Announced

Tvs group acquires Jana small finance bank

the TVS Group is set to acquire a 9.99% stake in Jana Small Finance Bank through a preferential allotment, marking a significant strategic investment in the small finance banking space.

Banking
LaunchTVS Fit

Tvs automobile solutions

we worked with our logistics players and developed an artificial intelligence platform called TVS Fit, which is a cross reference to diagnostics for 44 models.

AI diagnostics platform
Contract

Tvs srichakra · client: Super grip

TVS Srichakra has executed an Assignment and Assumption Agreement with Super Grip Corporation, USA, and Bristol Motor Speedway, LLC, USA, to assume all rights, duties, and obligations of…

ContractService

Tvs automobile solutions · client: Palfinger

TVS Automobile Solutions will deliver service and parts support through its national distribution and service network.

LaunchSuper AutoMart

Tvs group

TVS Group has launched Super AutoMart, among the slowdown in the lotus Vikal Sales.

Auto Component Servicing & Repair

Startup companies in Madurai, by revenue

Browse startups in Madurai 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 64 startups in Madurai 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

Renowned retail shop specializing in silk sarees

Retailers
₹165.19 crFY 2021-22
Not reported
504+34% 12 mo to Aug 2024recorded Aug 2024
7 yr2019
0none in 3 months

Jeweler offering gold, silver, and diamond jewelry, including custom design services

Fashion accessories
₹145.71 crFY 2024-25
+16%2024–2025
7LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Manufacturer of automotive sensors and electromechanical assemblies. It provides products and solutions for automotive, industrial, consumer durable, and IT segments. The company offers in-house engineering and manufacturing, delivering end-to-end solutions for IIOT and Industry 4.0 applications. Its product segments include electric vehicle solutions, sensors and sensing solutions, solenoids, switches and controls, and computer input devices. Manufacturing capabilities encompass micro and high-precision molding, stamping, insert molding, joining processes, wiring harness assembly, and end-of-

Auto components
₹120.96 crFY 2022-23
+48%2022–2023
217-1% 12 mo to Jul 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of geothermal energy projects

Geothermal energy
₹83.69 crFY 2021-22
Not reported
—Not available
13 yr2013
—No postings tracked

Manufacturer of greige fabrics used in home textiles, garments, and industrial applications

Contract manufacturers
₹62.61 crFY 2024-25
+32%2024–2025
—Not available
9 yr2017
0none in 3 months

Wholesale trader of construction cement, MRF paint, and TMT Bar

Building materials
₹59.67 crFY 2024-25
+29%2024–2025
—Not available
12 yr2014
0none in 3 months

Provider of a variety of industrial products, including valves and steel products

Manufacturing services
₹50.15 crFY 2024-25
+237%2024–2025
46LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Standalone multispecialty hospital

Hospitals
₹38.87 crFY 2024-25
+29%2024–2025
81+59% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Retailer of polished diamonds in various cuts, colors, and clarities

Fashion accessories
₹38.65 crFY 2024-25
+3%2024–2025
3LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Brand of rice food products

Food & beverage products
₹31.69 crFY 2021-22
Not reported
1+0% 12 mo to Sep 2019recorded Sep 2019
5 yr2021
—No postings tracked

Provider of sustainable agriculture solutions

Services for crop farming
₹28.36 crFY 2024-25
Not reported
—Not available
10 yr2016
0none in 3 months

Online lending platform offering micro loans

Microfinance
₹21.14 crFY 2024-25
-4%2024–2025
199+12% 12 mo to Aug 2024recorded Aug 2024
10 yr2016
0none in 3 months

Provider of live draw results and data for lottery pools

Hospitals
₹19.36 crFY 2024-25
+2%2024–2025
—Not available
4 yr2022
0none in 3 months

Comprehensive healthcare provider offering a range of medical services, including radiology and imaging sciences, surgical specialties, critical care, and various medical departments

Hospitals
₹16.97 crFY 2021-22
Not reported
22+22% 12 mo to Mar 2024recorded Mar 2024
9 yr2017
0none in 3 months

Provider of executive search and recruitment services in the IT industry

Hr services
₹17.20 crFY 2024-25
+23%2024–2025
67LinkedIn · Jul 2026
4 yr2022
1postings · last posted Jul 2026

Platform for financial consultancy

Investment tech
₹12.13 crFY 2024-25
+28%2024–2025
1LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer and supplier of automotive components

Auto retail & aftersales
₹11.59 crFY 2024-25
+47%2024–2025
—Not available
14 yr2012
0none in 3 months

Hospital providing emergency care and diagnostic testing services

Hospitals
₹9.07 crFY 2024-25
+79%2024–2025
—Not available
6 yr2020
0none in 3 months

Provider of plant-based nutritional gummies

Nutraceuticals tech
₹6.96 crFY 2024-25
-22%2024–2025
—Not available
3 yr2023
0none in 3 months

White-label solutions for taxi dispatch and on-demand services

Road transport tech
₹5.97 crFY 2021-22
Not reported
27-44% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
0none in 3 months

Provider of blockchain, digital transformation and IT services

It services
₹6.14 crFY 2024-25
-4%2024–2025
130LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Oct 2023

Wholesaler of natural and organic products

Wholesalers
₹5.12 crFY 2021-22
Not reported
10LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Foundation focused on supporting the livelihood activities of poor

Foundations
₹4.64 crFY 2024-25
-9%2024–2025
—Not available
13 yr2013
0none in 3 months

Provider of customized entrepreneurship, financial literacy, and leadership training

Continued learning
₹3.65 crFY 2024-25
+22%2024–2025
104LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Web and Mobile application development company

It services
₹3.07 crFY 2024-25
-3%2024–2025
98-49% vs previous recordLinkedIn · Jul 2026
10 yr2016
0none in 3 months
50 of 400 companies shown here · the full list is on Radar
Fliar Radar

Explore all 400 startups in Madurai on Radar

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

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  • Every company, not just 50All 400 startups in Madurai, filterable by stage, funding, team size, revenue model and age.
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Explore startups in Madurai by what you are looking for

Browse the top startups in Madurai across IT services, blockchain, healthcare, food and matrimony. You can also see new startups in Madurai and which ones are hiring.

9 ways to explore startup in Madurai

IT services & software development startupsBlockchain & cryptocurrency companiesHospitals & healthcare companiesFood, grocery & agriculture companiesMatrimony & wedding service platformsDigital marketing agencies & services

IT services & software development startups

Companies building websites, mobile apps and custom software.

  1. BSEtec

    Provider of blockchain, digital transformation and IT services

    It services
    See in list
  2. Trioangle

    Web and Mobile application development company

    It services
    See in list
  3. Fourchain

    Provider of web application development, digital marketing, and IT consulting services

    It services
    See in list
  4. Techmango Technology

    We are a leading IT service & technology consulting company offers both managed and specialized services

    It services
    Website
  5. Abservetech

    Abservetech provides imaginative websites, innovative technology services and custom web and Mobile solutions for start-up companies.

    It services
    Website

Blockchain & cryptocurrency companies

Blockchain development firms and crypto exchange platforms.

  1. BSEtec

    Provider of blockchain, digital transformation and IT services

    It services
    See in list
  2. KoinBX

    App-based cryptocurrency exchange platform

    Cryptocurrencies
    See in list
  3. Zab Technologies

    Provider of Blockchain development services

    Blockchain services
    See in list
  4. Koinpark

    A digital asset exchange platform that enables users to buy, sell, and trade various cryptocurrencies, including Bitcoin, Ethereum, and others

    Blockchain infrastructure
    See in list
  5. Maticz Technologies

    Leading the Art of AI and Blockchain Synergy Solutions

    Ai services
    Website

Hospitals & healthcare companies

Multispecialty hospitals, clinics and healthcare technology providers.

  1. Rio Children Hospital

    Standalone multispecialty hospital

    Hospitals
    See in list
  2. Dr. Madhavan Heart Centre

    Provider of live draw results and data for lottery pools

    Hospitals
    See in list
  3. Rakshospital

    Comprehensive healthcare provider offering a range of medical services, including radiology and imaging sciences, surgical specialties, critical care, and various medical departments

    Hospitals
    See in list
  4. KRS NULIFE

    Hospital providing emergency care and diagnostic testing services

    Hospitals
    See in list
  5. Ayush Care

    Provider of an online platform for ayurvedic & herbal products

    Healthcare booking platforms
    See in list

Food, grocery & agriculture companies

Online grocery sellers, food brands, distributors and crop technology companies.

  1. Arunkannan Agro Foods

    Brand of rice food products

    Food & beverage products
    See in list
  2. Akshaya Agro Food

    Manufacturer of handmade appalam, cashew nuts, and spice powder

    Food distributors
    See in list
  3. Ayyanar

    Supplier and trader of fresh, A grade, and dried coconuts

    Food distributors
    Website
  4. Agamorg

    Online marketplace for organic products

    Crop tech
    Website
  5. SpotnEats

    Provider of mobile-ordering solutions

    Food tech
    Website

Matrimony & wedding service platforms

Online matchmaking and matrimonial services for brides and grooms.

  1. Hindu Matrimony

    Online matrimonial and matchmaking services for Hindu people

    Wedding tech
    Website
  2. Peace Nikkah Matrimony

    Provider of religion-based matchmaking platform

    Matchmaking
    Website
  3. Naalayabandham Matrimony

    Online listing platform for matchmaking

    Wedding tech
    Website
  4. Telugu Brahmin Matrimony

    Provider of the community-based matrimonial platform

    Matchmaking
    Website
  5. Marry Tamil

    Matrimony website for Tamil community people

    Wedding tech
    Website

Digital marketing agencies & services

Agencies offering SEO, social media, branding and digital marketing.

  1. SEOsyn

    Search engine optimization suite solutions

    Marketingtech
    See in list
  2. Witree

    Provider of agritech, data science, and digital marketing services

    Marketing services
    See in list
  3. Fourchain

    Provider of web application development, digital marketing, and IT consulting services

    It services
    See in list
  4. Serpple

    Platform offering SERP rank tool to track keyword performance

    Marketingtech
    Website
  5. Digital Hari

    Digital Marketing Services with Digital Hari

    Marketing services
    Website

Fintech & investment platforms

Investment, wealth management and finance technology startups.

  1. KoinBX

    App-based cryptocurrency exchange platform

    Cryptocurrencies
    See in list
  2. Nativelead

    Online fundraising platform for location-based native users and entrepreneurs

    Investment tech
    Website
  3. IVC

    Online platform offering virtual currency for investments

    Investment tech
    Website
  4. Alwin

    Provider of blockchain based services and crypto exchange platform

    Cryptocurrencies
    Website
  5. CryptoEx

    Cryptocurrency exchange platform

    Cryptocurrencies
    Website

New startups in Madurai

Recently founded startups in Madurai.

  1. Dr. Madhavan Heart Centre

    Provider of live draw results and data for lottery pools

    Hospitals
    See in list
  2. Hire Lab

    Provider of executive search and recruitment services in the IT industry

    Hr services
    See in list
  3. Chess Gaja

    Provider of online chess coaching for all skill levels

    Sports tech
    See in list
  4. Candra Sales

    Provider of financial products including home, personal, and business loans

    Consumer and sme loans
    See in list
  5. Yakria

    Online platform offering clothes for kids

    Mom & baby care
    See in list
120 companies in Madurai

Startups hiring in Madurai

Startups in Madurai with open roles right now.

  1. Hire Lab

    Provider of executive search and recruitment services in the IT industry

    Hr services
    See in list
  2. BSEtec

    Provider of blockchain, digital transformation and IT services

    It services
    See in list
  3. Poornatha

    Provider of customized entrepreneurship, financial literacy, and leadership training

    Continued learning
    See in list
  4. Chess Gaja

    Provider of online chess coaching for all skill levels

    Sports tech
    See in list
  5. KoinBX

    App-based cryptocurrency exchange platform

    Cryptocurrencies
    See in list
16 companies in Madurai
Mobile reach

Top 10 startup apps from Madurai

The most-installed Android apps published by startups headquartered in Madurai — 2.1M installs between them. 45 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

KoinBX: Indian Crypto Exchange

by KoinBX

Installs690K
Rating3.7410K ratings
Last updatedJun 2026
View on Google Play ↗
KoinBX: Indian Crypto Exchange screenshot 1KoinBX: Indian Crypto Exchange screenshot 2KoinBX: Indian Crypto Exchange screenshot 3KoinBX: Indian Crypto Exchange screenshot 4KoinBX: Indian Crypto Exchange screenshot 5KoinBX: Indian Crypto Exchange screenshot 6
2

Dhrishti

by Auroitech

Installs575K
Rating—
Installs, year on year+199%
Last updatedMar 2026
View on Google Play ↗
Dhrishti screenshot 1Dhrishti screenshot 2Dhrishti screenshot 3Dhrishti screenshot 4Dhrishti screenshot 5Dhrishti screenshot 6
4

Koinpark: Buy Bitcoin & Crypto

by Koinpark

Installs178K
Rating3.881K ratings
Installs, year on year+18%
Last updatedMay 2026
View on Google Play ↗
Koinpark: Buy Bitcoin & Crypto screenshot 1Koinpark: Buy Bitcoin & Crypto screenshot 2Koinpark: Buy Bitcoin & Crypto screenshot 3Koinpark: Buy Bitcoin & Crypto screenshot 4Koinpark: Buy Bitcoin & Crypto screenshot 5Koinpark: Buy Bitcoin & Crypto screenshot 6
5

Ayush Care - Ayush Med Store

by Ayush Care

Installs112K
Rating—
Last updatedApr 2026
View on Google Play ↗
Ayush Care - Ayush Med Store screenshot 1Ayush Care - Ayush Med Store screenshot 2Ayush Care - Ayush Med Store screenshot 3Ayush Care - Ayush Med Store screenshot 4Ayush Care - Ayush Med Store screenshot 5Ayush Care - Ayush Med Store screenshot 6
10

StreamBiz

by BSEtec

Installs15K
Rating—
Last updatedOct 2022
View on Google Play ↗
StreamBiz screenshot 1StreamBiz screenshot 2StreamBiz screenshot 3StreamBiz screenshot 4StreamBiz screenshot 5StreamBiz screenshot 6
The business behind the activity

Startup financials in Madurai

Revenue, profit and growth from the filed annual accounts of 55 startups in Madurai for FY24-25 — 64 of the 400 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 63% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹584.25 cr

55 companies filing accounts

combined net profit−₹43.57 lakh

-0.1% aggregate margin

are profitable69%

38 of 55 companies

median revenue~₹1.3 cr

the typical company

median revenue growth+17%

into FY24-25

earned by the top five63%

revenue concentration

Six-year view

Combined revenue of filing companies

₹262.71 crFY19-2033 filers
₹325.51 crFY20-2134 filers
₹415.63 crFY21-2237 filers
₹623.80 crFY22-2348 filers
₹599.93 crFY23-2451 filers
₹584.25 crFY24-2555 filers

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

Like-for-like

The same 42 companies over three years

+36%
FY22-23₹421.59 cr₹4.69 cr net
FY23-24₹534.90 cr₹20.91 lakh net
FY24-25₹571.90 cr−₹2.92 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 cr2556% profitable
₹1–10 cr1872% profitable
₹10–100 cr1191% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking16
0–20%8
20–50%13
50–100%7
Doubled+3

47 companies with accounts for both years; median growth +17%.

Profitability

Profit is concentrated at the top

38profitable
17loss-making
-0.1%aggregate margin
1.0%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
Sunlan MotorSUNLAN MOTOR INDIA PRIVATE LIMITED+47%₹11.59 cr
J. T. FabricsJ.T. FABRICS PRIVATE LIMITED+32%₹62.61 cr
Brahma EnterprisesBRAHMA ENTERPRISES PRIVATE LIMITED+29%₹59.67 cr
Arunkannan Agro FoodsARUN KANNAN AGRO FOODS PRIVATE LIMITED+28%₹59.69 cr
MGM PushpamMGM PUSHPAM CHITS PRIVATE LIMITED+28%₹12.13 cr
Hire LabHIRE LAB CONSULTANTS PRIVATE LIMITED+23%₹17.20 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
MGM PushpamMGM PUSHPAM CHITS PRIVATE LIMITED35.1%₹12.13 cr
Rio Children HospitalRIO CHILDREN'S HOSPITAL PRIVATE LIMITED10.6%₹35.82 cr
Dr. Madhavan Heart CentreDR.MADHAVAN'S HEART CENTRE PRIVATE LIMITED4.6%₹19.36 cr
Sri Balagopalan Jewellery MartSRI BALAGOPALAN JEWELLERY MART PRIVATE LIMITED2.5%₹145.71 cr
Kiara MicrocreditDHANAM INVESTMENT AND FINANCE PRIVATE LIMITED1.9%₹21.14 cr
Tulsi DiamondsTULSI DIAMONDS PRIVATE LIMITED1.5%₹38.65 cr
Leaders

Largest startups by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Sri Balagopalan Jewellery MartSRI BALAGOPALAN JEWELLERY MART PRIVATE LIMITED₹145.71 cr₹3.59 cr2.5%+16%
J. T. FabricsJ.T. FABRICS PRIVATE LIMITED₹62.61 cr₹28.36 lakh0.5%+32%
Arunkannan Agro FoodsARUN KANNAN AGRO FOODS PRIVATE LIMITED₹59.69 cr₹82.91 lakh1.4%+28%
Brahma EnterprisesBRAHMA ENTERPRISES PRIVATE LIMITED₹59.67 cr₹30.02 lakh0.5%+29%
Tulsi DiamondsTULSI DIAMONDS PRIVATE LIMITED₹38.65 cr₹58.36 lakh1.5%+3%
Rio Children HospitalRIO CHILDREN'S HOSPITAL PRIVATE LIMITED₹35.82 cr₹3.79 cr10.6%+22%
TerragreenTERRAGREEN AGRITECH VENTURES PRIVATE LIMITED₹28.36 cr₹8.40 lakh0.3%-60%
Kiara MicrocreditDHANAM INVESTMENT AND FINANCE PRIVATE LIMITED₹21.14 cr₹40.58 lakh1.9%-4%
Dr. Madhavan Heart CentreDR.MADHAVAN'S HEART CENTRE PRIVATE LIMITED₹19.36 cr₹89.21 lakh4.6%+2%
Hire LabHIRE LAB CONSULTANTS PRIVATE LIMITED₹17.20 cr−₹5.78 cr-33.6%+23%
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 Madurai 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, Madurai2

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 Madurai

2Acquisition

Most active acquirers

  1. Tvs group2

Most acquired or merged

  1. Jana small finance bank1
  2. Avendus Capital1

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

Startup funding in Madurai

4 startups in Madurai have recorded equity funding, US$300k in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Madurai

Meet the people behind startups in Madurai. 111 of 400 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Madurai startups by sub-sector

The most common specialisations among startups in Madurai. 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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