Company lists
The Margao edition · 2026

Startupcompanies in Margao

Healthcare IT, accounting & fintech, agri & energy, real estate, mobility & logistics and more: the companies building startup in Margao, with their founders, funding, team size and business models.

51 company profiles9 with reported revenue1 with recorded fundingOctober 2026 edition
Margao · 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: 5720 Contracts · 4546 M&A deals · 2504 funding rounds · 1365 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

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
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
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 Margao, by funding and team

Few startups in Margao publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 51 active companies.

Showing 25 of 50

Provider of wireless product development solutions for IOT applications

Iot services
US$2.50mSeed · Nov 2022
12LinkedIn · Jul 2026
Physical commerce
9 yr2017
0none in 3 months

App-based platform offering ride-hailing services

Road transport tech
—None recorded
58+21% 12 mo to Apr 2024recorded Apr 2024
Commission on transaction / Fee-for-service
8 yr2018
0none in 3 months · last posted Jul 2026

Solar panel installation and O&M service providing company

Solar energy
—None recorded
51+364% 12 mo to Sep 2024recorded Sep 2024
Advertising / Commission on transaction
12 yr2014
0none in 3 months

AI-based career counseling platform

K-12 edtech
—None recorded
15+0% vs previous recordLinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months · last posted Jun 2026

Cloud-based ATS for SMBs

Hrtech
—None recorded
11recorded
Subscription
13 yr2013
0none in 3 months · last posted Oct 2025

Contract manufacturer of lighting & decorative products

Contract manufacturers
—None recorded
3recorded
E-commerce - product / Physical commerce
11 yr2015
0none in 3 months

Government of India backed startup incubator

Accelerators & incubators
—None recorded
—Not available
Fee-for-service
8 yr2018
0none in 3 months

Provider of sensor-based farm monitoring solutions

Crop tech
—None recorded
—Not available
Subscription
7 yr2019
0none in 3 months

Manufacturer of small wind turbines

Wind energy
—None recorded
—Not available
Physical commerce
10 yr2016
0none in 3 months

Brand of spirits

Alcoholic beverage products
—None recorded
5LinkedIn · Jul 2026
E-commerce - product
3 yr2023
0none in 3 months

Event discovery application

Online event ticketing
—None recorded
1LinkedIn · Jul 2026
Subscription
10 yr2016
0none in 3 months

Manufacturer of high-quality construction chemicals and cleaning products offering a wide range of reliable and durable solutions

Construction chemicals
—None recorded
35LinkedIn · Jul 2026
E-commerce - product / Physical commerce
10 yr2016
0none in 3 months · last posted May 2026

App-based platform providing door-to-door courier services

Logistics tech
—None recorded
1LinkedIn · Jul 2026
E-commerce - service
5 yr2021
0none in 3 months

Online retailer offering fruits and vegetables

Crop tech
—None recorded
—Not available
E-commerce - product / E-commerce - service
3 yr2023
0none in 3 months

Internet first brand offering food for pets on a subscription basis

Food processing
—None recorded
—Not available
E-commerce - product
9 yr2017
0none in 3 months

Offers coaching classes for preparation of postgraduate level management exams

Test preparation chains
—None recorded
—Not available
Fee-for-service
15 yr2011
—No postings tracked

Developer of assistive devices designed to enhance independence and improve hygiene

Assistive tech
—None recorded
—Not available
Physical commerce
4 yr2022
0none in 3 months

Online retailer of canvas art, cricket figurines, and jersey t-shirts

Licensed merchandise e-commerce
—None recorded
—Not available
E-commerce - product
2 yr2024
—No postings tracked

Hyperloop research and development project

Hyperloop
—None recorded
2LinkedIn · Jul 2026
Advertising / Donations
11 yr2015
—No postings tracked

Provider of technology-enabled service for businesses

Finance & accounting tech
—None recorded
5LinkedIn · Jul 2026
Subscription
3 yr2023
—No postings tracked

Billing and invoicing software solution

Finance & accounting tech
—None recorded
—Not available
Subscription
10 yr2016
—No postings tracked

Operator of a football arena and academy providing training programs

Sports academies
—None recorded
1LinkedIn · Jul 2026
Fee-for-service
5 yr2021
—No postings tracked

Digital patient engagement tool for providers

Healthcare it
—None recorded
—Not available
Subscription
7 yr2019
0none in 3 months

Goa's premier provider of immersive virtual tours and video production

Real estate marketing agencies
—None recorded
—Not available
Fee-for-service
5 yr2021
—No postings tracked

Provider of accounting, tax advisory, and consulting solutions for small to medium enterprises

Bpo services
—None recorded
13LinkedIn · Jul 2026
Fee-for-service
13 yr2013
—No postings tracked
50 of 51 companies shown here · the full list is on Radar
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Explore startups in Margao by what you are looking for

Find top startups in Margao across healthcare software, accounting tech, agriculture and real estate. Browse the best startups in Margao, new startups, and startups hiring now.

8 ways to explore startup in Margao

Healthcare software & assistive tech startupsAccounting, invoicing & finance software startupsAgritech, wind & solar energy startupsReal estate brokers & property startupsRide-hailing, logistics & transport startupsEducation, events, sports & lifestyle startups

Healthcare software & assistive tech startups

Startups building clinic software, patient engagement and assistive devices.

  1. Dexium Technologies

    Digital patient engagement tool for providers

    Healthcare it
    See in list
  2. Kaiteki Innovations

    Developer of assistive devices designed to enhance independence and improve hygiene

    Assistive tech
    See in list
  3. My Doctors Desk

    Provider of clinic management software solution

    Healthcare it
    See in list
  4. Cure Kosh

    Healthcare medical marketing agency providing solutions for medical practices

    Healthcare it
    See in list
  5. Hmaigoa

    Association promoting homeopathy through education, awareness, and support for practitioners

    Clubs and associations
    See in list

Accounting, invoicing & finance software startups

Startups offering billing, invoicing and accounting solutions for businesses.

  1. Stellar Growth

    Provider of technology-enabled service for businesses

    Finance & accounting tech
    See in list
  2. ITSBilling

    Billing and invoicing software solution

    Finance & accounting tech
    See in list
  3. Accosphere

    Provider of accounting, tax advisory, and consulting solutions for small to medium enterprises

    Bpo services
    See in list
  4. BillOnFly

    Cloud-based invoicing and inventory management solution for businesses

    Finance & accounting tech
    See in list
  5. Arya Web Studio

    Provider of website & mobile application, business analytics and social media marketing services

    Erp services
    See in list

Agritech, wind & solar energy startups

Startups in farm technology, food supply and renewable energy.

  1. Gromania

    Online retailer offering fruits and vegetables

    Crop tech
    See in list
  2. N C Enterprises

    Solar panel installation and O&M service providing company

    Solar energy
    See in list
  3. Agcetra ARP

    Provider of sensor-based farm monitoring solutions

    Crop tech
    See in list
  4. Anemos Energies

    Manufacturer of small wind turbines

    Wind energy
    See in list
  5. BARF India

    Internet first brand offering food for pets on a subscription basis

    Food processing
    See in list

Real estate brokers & property startups

Startups in property brokerage, real estate marketing and residential real estate tech.

  1. Upgrade Enterprises

    Manufacturer of high-quality construction chemicals and cleaning products offering a wide range of reliable and durable solutions

    Construction chemicals
    See in list
  2. 360reels

    Goa's premier provider of immersive virtual tours and video production

    Real estate marketing agencies
    See in list
  3. Galactic Vision Real Estate

    Provider of real estate consulting services

    Real estate brokers
    See in list
  4. Squaremeterarea.com

    Provider of brokerage services for buying, selling & renting of residential & commercial properties

    Real estate brokers
    See in list
  5. Lemonroof

    Provider of a real estate listing platform

    Residential real estate tech
    See in list

Ride-hailing, logistics & transport startups

Startups in taxi apps, courier services and transport technology.

  1. GOAMILES

    App-based platform offering ride-hailing services

    Road transport tech
    See in list
  2. Carrit

    App-based platform providing door-to-door courier services

    Logistics tech
    See in list
  3. Hyperloop India

    Hyperloop research and development project

    Hyperloop
    See in list
  4. Kaiteki Innovations

    Developer of assistive devices designed to enhance independence and improve hygiene

    Assistive tech
    See in list
  5. Tharrental

    Goa's premier car rental service offering affordable and luxury self-drive options

    Car rentals
    See in list

Education, events, sports & lifestyle startups

Startups in learning, event ticketing, sports, pets and consumer brands.

  1. Bodhami

    AI-based career counseling platform

    K-12 edtech
    See in list
  2. Goenchi

    Brand of spirits

    Alcoholic beverage products
    See in list
  3. Ticlet

    Event discovery application

    Online event ticketing
    See in list
  4. BARF India

    Internet first brand offering food for pets on a subscription basis

    Food processing
    See in list
  5. Maxxcell Institute of Professional Studies

    Offers coaching classes for preparation of postgraduate level management exams

    Test preparation chains
    See in list

New startups in Margao

Companies founded in the last few years in Margao.

  1. Goenchi

    Brand of spirits

    Alcoholic beverage products
    See in list
  2. Gromania

    Online retailer offering fruits and vegetables

    Crop tech
    See in list
  3. Carrit

    App-based platform providing door-to-door courier services

    Logistics tech
    See in list
  4. Kaiteki Innovations

    Developer of assistive devices designed to enhance independence and improve hygiene

    Assistive tech
    See in list
  5. BlueFever

    Online retailer of canvas art, cricket figurines, and jersey t-shirts

    Licensed merchandise e-commerce
    See in list
20 companies in Margao

Startups hiring in Margao

Startups in Margao with open roles.

  1. GOAMILES

    App-based platform offering ride-hailing services

    Road transport tech
    See in list
  2. Upgrade Enterprises

    Manufacturer of high-quality construction chemicals and cleaning products offering a wide range of reliable and durable solutions

    Construction chemicals
    See in list
  3. Bodhami

    AI-based career counseling platform

    K-12 edtech
    See in list
  4. Jobsoid

    Cloud-based ATS for SMBs

    Hrtech
    See in list
  5. Royal Hospital

    Provider of multi-specialty hospital services

    Hospitals
    See in list
6 companies in Margao
Mobile reach

Top 6 startup apps from Margao

The most-installed Android apps published by startups headquartered in Margao — 2.4M installs between them. 6 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 6
1

GOAMILES

by GOAMILES

Installs2.4M
Rating4.7569K ratings
Last updatedMay 2026
View on Google Play ↗
GOAMILES screenshot 1GOAMILES screenshot 2GOAMILES screenshot 3GOAMILES screenshot 4
3

Spyke - Community Discussions

by Spyke Social

Installs2K
Rating3.3825 ratings
Last updatedNov 2025
View on Google Play ↗
Spyke - Community Discussions screenshot 1Spyke - Community Discussions screenshot 2Spyke - Community Discussions screenshot 3Spyke - Community Discussions screenshot 4Spyke - Community Discussions screenshot 5Spyke - Community Discussions screenshot 6
The business behind the activity

Startup financials in Margao

Revenue, profit and growth from the filed annual accounts of 8 startups in Margao for FY24-25 — 11 of the 51 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 100% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹79.43 cr

8 companies filing accounts

combined net profit₹22.06 lakh

0.3% aggregate margin

are profitable62%

5 of 8 companies

median revenue~₹26 lakh

the typical company

median revenue growth+2%

into FY24-25

earned by the top five100%

revenue concentration

Six-year view

Combined revenue of filing companies

₹33.90 crFY19-208 filers
₹17.16 crFY20-217 filers
₹20.18 crFY21-226 filers
₹25.22 crFY22-236 filers
₹60.14 crFY23-248 filers
₹79.43 crFY24-258 filers

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

Like-for-like

The same 5 companies over three years

+214%
FY22-23₹25.16 cr−₹3.83 cr net
FY23-24₹59.86 cr−₹48.84 lakh net
FY24-25₹79.11 cr₹18.46 lakh 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 cr650% profitable
₹1–10 cr1100% profitable
₹10–100 cr1100% profitable
₹100–1,000 cr0—
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

Shrinking4
0–20%1
20–50%3
50–100%0
Doubled+0

8 companies with accounts for both years; median growth +2%.

Profitability

Profit is concentrated at the top

5profitable
3loss-making
0.3%aggregate margin
4.7%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
GOAMILESFROTAMILES PRIVATE LIMITED+36%₹75.40 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
GOAMILESFROTAMILES PRIVATE LIMITED1.7%₹75.40 cr
Leaders

Largest startups by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
GOAMILESFROTAMILES PRIVATE LIMITED₹75.40 cr₹1.26 cr1.7%+36%
Upgrade EnterprisesUPGRADE ENTERPRISES PRIVATE LIMITED₹2.40 cr₹21.68 lakh9.0%-5%
FiiREFORUM FOR INNOVATION INCUBATION RESEARCH AND ENTREPRENEURSHIP₹89.45 lakh−₹1.01 cr-112.8%-30%
BodhamiBODHAMI PRIVATE LIMITED₹28.43 lakh−₹25.16 lakh-88.5%-39%
GoenchiGOENCHI INDUSTRIES (OPC) PRIVATE LIMITED₹24.52 lakh₹2.95 lakh12.0%+9%
HorivacaoHORIVACAO PRIVATE LIMITED₹13.19 lakh−₹2.97 lakh-22.5%-45%
Kaiteki InnovationsKAITEKI INNOVATIONS PRIVATE LIMITED₹7.50 lakh₹0.58 lakh7.8%+39%
CarritCARRIT LOGISTICS PRIVATE LIMITED₹0.22 lakh₹0.06 lakh29.0%+39%
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 Margao 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, India4546

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

4143Acquisition
347Merger
16Announced

Most active acquirers

  1. Na76
  2. Nazara technologies39
  3. Adani group37
  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.

Founders and momentum in Margao

Meet the people behind startups in Margao. 19 of 51 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.

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