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Top Startups in Manipal

The 39 top startups and companies in Manipal, India in 2026, across all sectors — ranked by total equity funding and momentum. Funding, investors, founders, valuation and live signals. Top: Manipal Payment and Identity Solutions.

39companies tracked
$25.9Mdisclosed funding
0unicorns
6have raised

Ranked: Best companies in Manipal

#CompanyRevenueDisclosed fundingEmployeesFoundedFounderTech stackRecent signals
1Manipal Business Solutions
Payment solutions for financial institutions and businesses
$268M
FY2025
—371
371 → 688 (+85%)
2009Vishal Jain
CEO
SanityRadix UITailwind CSS+131 award
2Manipal Technologies
Diversified conglomerate operating across multiple industries
$268M
FY2025
—1,0941941Naveen Kumar
Founder & CEO
WordPressMySQLPHP+17—
3Manipal Payment and Identity Solutions
A fintech company offering banking networks and smart card manufacturing solutions
$133M
FY2025
$24M—2008Girish Kini
CEO
WordPress Block EditorElementorWordPress+22—
4Udayavani
Kannada language daily newspaper operating in Karnataka
$49M
FY2025
——1971Vinod Kumar
CEO
Cart FunctionalityNode.jsTailwind CSS+20—
5MEIL
EPC solution provider delivering end-to-end services in the field of construction
$34M
FY2025
——2011Sagar Mukhopadhyay
CEO & Managing Director
BootstrapHSTSCloudflare Browser Insights+2—
6Best Sellers Apparels
Denim manufacturer across men's, women's, and children's ranges of clothing
$15M
FY2025
—8252005———
7Manipal Media Network
Provider of printing services
$12M
FY2022
—231948Tonse Satish Upendra Pai
Managing Director
——
8Westtek Enterprises
Manufacturer of printing inks and coatings for various industry applications
$7M
FY2024
—43
43 → 67 (+56%)
2014—WordPressMySQLPHP+13—
9KarMic Design
Provider of analog, mixed signal, and RF engineering services
$7M
FY2025
—1831999Rathnakar Bhat
CEO/Director
PHPWindows ServerOpenSSL+15—
10BlackFrog Technologies
Provider of a portable temperature-regulated carrier for biologicals cold‑chain delivery solutions
$280K
FY2025
$308K26
26 → 54 (+108%)
2015Mayur Shetty
Co-Founder & CEO
PHPYouTubeBootstrap+15—
11Epicode
Provider of unified customer interaction platform and voice application development APIs
$276K
FY2025
——2020Sharath Shetty
Co-Founder & CEO
—1 launch
12Neer Shakti Systems
Developer of nanobubbles for water treatment
$82K
FY2025
——2021Anant Kapur
CEO & Managing Director
——
13UDMA Technologies
Provider of a fintech company that offers a mobile wallet solution for consumer payments, aiming to make…
$40K
FY2021
$1M302016Prashanth B
Founder & CEO
——

Top 7 companies in Manipal

#1
Series A · Manipal, Karnataka · founded 2008
$24Mraised
▾

A fintech company offering banking networks and smart card manufacturing solutions. It is a provider of banking and smart card manufacturing solutions, catering to various industries including banking, government, and transportation. The company offers payment solutions and identity management services.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 11.5% of this cohort's audience · 67 engagements/post (3.6× cohort median)
Funding rounds
  • Mar 2024Series A$24M
Founders & team
Girish KiniCEO
Investors
Touchstone Capital, India SME Investments, Glory Wise International, Tridevita Family Trust, Udayavani, Chanwanich Company
Tech stack
CloudflareCloudflare Bot ManagementCloudflare Browser InsightsCookie NoticeCore-JsElementor
#2
Seed · Manipal, Karnataka · founded 2015 · 26 employees
$308.4Kraised
▾

Provider of a portable temperature-regulated carrier for biologicals cold‑chain delivery solutions. It offers a portable medical-grade refrigeration system for the effective transportation of vaccines, insulin, breast-milk, blood-serums, medications and specimens with minimal freeze-thaw cycles and can maintain 2–8 °C for 10–20 h depending on conditions. It uses thermoelectric cooling with PID control and IoT-based live temp and location tracking.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 38.2% of this cohort's audience
Activity: 1 product launches · 1 awards announced in 12 mo
Funding rounds
  • Jan 2025Seed$1.7M
  • Oct 2022Seed$163.9K
  • Sep 2021Grant (prize money)—
  • Jan 2021Seed$102.4K
Founders & team
Mayur ShettyCo-Founder & CEODonson DsouzaCo-Founder & COOJai MalikCEO
Investors
Startup Karnataka, Manipal Group, Maharashtra State Innovation Society, EDC, Social Alpha, C-CAMP
Tech stack
BootstrapCdnjsCloudflareCloudflare Browser InsightsCloudflare Rocket LoaderFont Awesome
#3
Seed · Manipal, Karnataka · founded 2020 · 25 employees
$57.3Kraised
▾

Agricultural technology intended to enhance mushroom cultivation practices. It offers a patented IoT and biotech technology stack, enhancing efficiency, reducing infection rates, and streamlining production, enabling urban farmers and food producers to improve yield and quality while addressing food security challenges effectively.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 996 LinkedIn followers — 3.7% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Mar 2025Seed$57.3K
  • 2021Seed—
Investors
TIH at IIT Bombay
#4
Seed · Manipal, Karnataka · founded 2016 · 30 employees
$1.4Mraised
▾

Provider of a fintech company that offers a mobile wallet solution for consumer payments, aiming to make digital transactions easier and more accessible for the average Indian user.

Funding rounds
  • Oct 2021Seed$412.7K
  • Mar 2021Seed$493.2K
  • Jan 2021Angel$54.4K
  • Dec 2020Seed$49.6K
Founders & team
Prashanth BFounder & CEOShankar NaikDirector
Investors
Incisive Ventures, Mainstage Hub, Startup Karnataka, Expert DOJO, Pavan Bakeri Trust, Global Incubation Services
Tech stack
NginxOpenrestyGodaddy Domain Parking
#5
Seed · Manipal, India · founded 2014 · 9 employees
$112.4Kraised
▾

Mean Metal Motors is a manufacturing startup aiming to develop India's first supercar. Working on a concept called M-Zero, to compete with other supercars in the world. The M-Zero will have an aerodynamic body made from the company's smart "carbo-flax" material to make it lightweight, and which is lighter and significantly cheaper than carbon fiber. Has a a global team from the UK, Portugal, Italy, Sweden and India working on the design and development. Also working on a go-kart model. The company is being incubated in the Manipal Innovation Center.

Funding rounds
  • Jul 2021Angel$66.1K
  • Oct 2015Angel$46.2K
Founders & team
Saran C RCo-FounderShruthi IyerCo-FounderVishnu Sai MalapatiCo-Founder
Investors
Amit Chauhan, Tomes Joseph, Tittle Joseph, Gopal Nair, Yathin Raj, Ankit Sharma
Tech stack
Node.JsReactEmotionVercelNext.JsGoogle Font Api
#6
Funding Raised · Manipal, Karnataka · founded 1965 · 750 employees
—raised
▾

College offering multiple courses & degrees across diversified streams

Investors
IDFC, Europa, British International Investment
Tech stack
Adobe AnalyticsAdobe Audience ManagerAdobe Experience ManagerAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAdroll
#7
Funding Raised · Manipal, Karnataka · founded 2017
—raised
▾

Provider of a diagnostic device for spinal deformities. The company offers a 3D diagnostic and treatment planning tool for detecting spinal deformities. The company also offers 3D printing of parts of the human body along with developing apps related to medical problems.

Funding rounds
  • Aug 2019Grant (prize money)—
Founders & team
Hareesha SiddaramappaCo-FounderSampath KoteshwarFounder & Managing Director
Investors
Startup Karnataka, MUTBI, BIRAC

Funding & investor landscape

$25.9Mtotal disclosed funding
5companies funded
16disclosed rounds
0rounds last 90 days
Most active investors
BIRAC4 rounds
MUTBI3 rounds
Startup Karnataka3 rounds
C-CAMP2 rounds
Thomas Greg & Sons2 rounds
Bravia Capital1 rounds
British International Investment1 rounds
Chanwanich Company1 rounds
EDC1 rounds
Europa1 rounds

Notable founders

Girish Kini
CEO · Manipal Payment and Identity Solutions
Mayur Shetty
Co-Founder & CEO · BlackFrog Technologies
Donson Dsouza
Co-Founder & COO · BlackFrog Technologies
Prashanth B
Founder & CEO · UDMA Technologies
Shankar Naik
Director · UDMA Technologies
Saran C R
Co-Founder · Mean Metal Motors
Shruthi Iyer
Co-Founder · Mean Metal Motors
Hareesha Siddaramappa
Co-Founder · Kumudha Health Tech
Sampath Koteshwar
Founder & Managing Director · Kumudha Health Tech

Common questions

How many startups are there in Manipal?
Radar tracks 39 indexable startups and companies headquartered in Manipal across all sectors that meet our profile-completeness bar.
What is the total funding raised by startups in Manipal?
The startups in Manipal on this list have raised a combined $25.9M in disclosed equity funding across 5 funded companies.
Which is the highest-funded startup in Manipal?
Manipal Payment and Identity Solutions is the highest-funded company in Manipal, with $24M in disclosed equity funding.
How many startups in Manipal are funded?
5 of the 39 startups in Manipal on this list have disclosed at least one equity funding round.
How many unicorns are there in Manipal?
None of the startups in Manipal on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Manipal startups?
The most active investors in Manipal startups on this list include BIRAC, MUTBI, Startup Karnataka, C-CAMP, Thomas Greg & Sons.
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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