Company lists
The Rajkot edition · 2026

Startupcompanies in Rajkot

IT & software, marketing, food, auto & manufacturing, building materials and more: the companies building startup in Rajkot, with their founders, funding, team size and business models.

958 company profiles186 with reported revenue11 with recorded fundingSeptember 2026 edition
Rajkot · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent startup business events in Rajkot

Funding, M&A, contract wins and launches involving 2,046 startups in Rajkot, last 24 months: 15 M&A deals · 9 Contracts · 6 funding rounds · 2 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Ace software exports acquires QeLearn (Formerly known as Theia Education)

Ace Software Exports has successfully completed the acquisition of the remaining 2,58,000 equity shares, representing 49.62% of the fully diluted equity share capital of QeLearn…

EdTech
Funding

Aditi Toys

Toys manufacturing startup Aditi Toys raised $3.8 million.

Toys manufacturing startup
M&AAcquisition · Completed

Neomile Growth Fund – Series I acquires Shree Ram Twistex

Neomile Growth Fund – Series I acquired 40,00,000 shares of Shree Ram Twistex Limited through open market purchase on March 2, 2026. This acquisition represents 10.01% of the company's…

Textiles
ContractGovernment

Infinity infoway · client: Knowledge Consortium of Gujarat

Infinity Infoway Limited has secured a government contract worth approximately Rs 10.97 crore from Knowledge Consortium of Gujarat under the Education Department, Government of Gujarat.

Technology
Contract

Vikran Engineering · client: Onix renewable

Vikran Engineering has recently entered into a inter corporate loan agreement with Onix Renewable to borrow Rs. 49.15 Cr at an interest rate of 15%/Annum.

FundingStrategic investment

Balaji wafers

Balaji Wafers has entered into a definitive agreement to receive a strategic investment from global growth equity firm General Atlantic

Snacking
M&AAcquisition · Announced

General atlantic acquires Balaji wafers

Balaji Wafers has agreed to sell a 7 per cent stake for Rs 2,050 crore.

Snack maker
M&AAcquisition · Announced

Atul auto acquires Atul greentech

Atul Auto Limited announced on January 15, 2026, that its Board of Directors has approved the acquisition of the L5 Electric Three-Wheeler Vehicle Business from Atul Greentech Private…

ContractSupply

Captain polyplast · client: MSEDCL

Captain Polyplast Limited (CPL, BSE: 536974), is one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into the burgeoning solar…

Renewable Energy, Agri-infrastructure
M&AAcquisition · Announced

General atlantic acquires Balaji wafers

Rajkot’s Balaji Wafers is also set to bag an investment from General Atlantic at a valuation of Rs 35,000 crore.

Food & Beverage
LaunchNew website

Shaktiman

Shaktiman, India's largest agricultural implement manufacturer, has launched a new website as part of its international expansion strategy.

Website
ContractService

Infinity infoway · client: The Education Committee of Shri Maheshwari Samaj

Infinity Infoway Ltd, engaged in customized, cloud-based Enterprise Resource Planning (ERP) solutions for industries like education, manufacturing, retail, and construction, has signed…

Education
Funding

Balaji wafers

US-based private equity firm General Atlantic is close to finalizing a ₹2,500 crore investment for a 7% stake in Balaji Wafers, valuing the Gujarat-headquartered snack maker at around…

Snack
M&AAcquisition · Announced

Kedaara capital acquires Balaji wafers

Gujarat-based Balaji Wafers is in the final stages of a stake sale, with Kedaara Capital and General Atlantic (GA) leading the race to acquire 6-7 per cent of the company, which is…

Packaged Food
M&AAcquisition · Rumored

General mills acquires Balaji wafers

Mumbai: US multinational General Mills Inc is in talks to buy into Balaji Wafers, joining other suitors including PepsiCo, ITC Ltd and several private equity firms eyeing a significant…

Snack Foods
M&AAcquisition · Announced

ITC Foods acquires Balaji wafers

Besides FMCG companies, ITC Foods is also in the race to acquire a stake in Gujarat-based Balaji Wafers, which has a strong presence in the chips, namkeen and confectionery products in…

Snacks/Food
M&AAcquisition · Announced

private equity (PE) firms acquires Balaji wafers

Balaji Wafers, a snack manufacturer based in Rajkot, is in discussions with leading private equity (PE) firms to sell up to 10% of its equity, aiming for a valuation of nearly Rs 40,000…

Snack manufacturer
ContractSupply

Captain polyplast · client: Maharashtra Electricity Division

Captain Polyplast jumped sharply after receiving an order worth Rs 6 crore for the supply, installation, and commissioning of 200 Off-Grid DC Solar Photovoltaic Water Pumping Systems.

Renewable Energy - Solar
M&AAcquisition · Announced

Onix renewable acquires Onix Solar Energy Limited

Onix Renewable Limited, along with persons acting in concert (PACs), has announced a mandatory open offer to acquire up to 16,27,698 equity shares of Onix Solar Energy Limited.

M&AAcquisition · Announced

Marwadi Chandarana Intermediaries Brokers acquires Trucap finance

Marwadi Chandarana Intermediaries Brokers has entered into an agreement to acquire 75 per cent stake in non-banking financial company TruCap Finance with an investment of Rs 207 crore.

Non-banking financial company
ContractService

Ace software exports · client: Na

Ace Software Exports Limited has received a contract for the development of the EV Charging Application from a leading EV Solutions Company based in the United States of America for an…

Technology
M&AAcquisition · Completed

Alkem MedTech Private Limited acquires Bombay ortho industries

In an exchange filing made post market hours on Wednesday, Alkem Labs stated that the acquisition of 100% stake in Bombay Ortho has been completed.

Orthopedic implants
M&AAcquisition · Announced

Alkem MedTech acquires Bombay ortho industries

Alkem's subsidiary, Alkem MedTech, has entered a binding offer to acquire a 100 per cent stake in Bombay Ortho Industries, a manufacturer of orthopaedic implants, for around INR 147 crore.

Orthopaedic Implants / Medical Devices
ContractSupply

Kpi green energy · client: Vintage Tiles

The entities awarding the orders are — Aditya Ultra Steel, Suraj Dyeing & Printing, Sunita Processors, Balaji Polyester, Citizen Metalalloys, Suez Internationals, Vintage Tiles,…

Renewable Energy
ContractTechnology

Sun Drops Energia · client: Vintage Tiles

The contracts have been awarded by various domestic entities, including Aditya Ultra Steel Pvt. Ltd., Suraj Dyeing & Printing Ltd., Sunita Processors Pvt. Ltd., Balaji Polyster Pvt.…

LaunchPizza Pasta fryums

Gopal snacks

Gopal Snacks Limited, one of India’s largest manufacturers of ethnic namkeen, announced today the launch of Pizza Pasta fryums under its flagship brand “Gopal.”

Snack pellets
FundingSeed

NG EarSafe

ENT-certified premium open-ear headphone brand NG Earsafe has raised INR 1.06 Crore in a Seed Round led by Inflection Point Ventures.

Headphones

Startup companies in Rajkot, by revenue

Browse startups in Rajkot 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 186 startups in Rajkot 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

Leading gold refinery

Manufacturing services
₹4,986.80 crFY 2023-24
Not reported
92-2% 12 mo to Aug 2024recorded Aug 2024
14 yr2012
1postings · last posted Jul 2026

App-based platform for trading in gold

Investment tech
₹4,086.35 crFY 2024-25
+39%2024–2025
—Not available
14 yr2012
0none in 3 months

Internet first brand of dairy products

Food & beverage products
₹2,127.46 crFY 2024-25
+8%2024–2025
375+3% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
0none in 3 months

Provider of mobile distribution, mobile assurance, and Amazon Kindle distribution services

Wholesalers
₹1,755.43 crFY 2024-25
+11%2024–2025
2,314+34% 12 mo to Jul 2024recorded Jul 2024
11 yr2015
0none in 3 months · last posted May 2025

Contract manufacturer of grey and white back boards

Contract manufacturers
₹527.40 crFY 2021-22
+85%2021–2022
68+0% 12 mo to Aug 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Manufacturer and supplier of cement

Building materials
₹547.40 crFY 2024-25
-19%2024–2025
375recorded
14 yr2012
0none in 3 months

Producer of starches and derivatives

Food processing
₹466.34 crFY 2024-25
-1%2024–2025
57+9% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Exporter of peanut products

Food distributors
₹246.20 crFY 2021-22
Not reported
8-11% 12 mo to Sep 2024recorded Sep 2024
13 yr2013
0none in 3 months

Manufacturer of high-performance solar PV modules

Solar energy
₹245.73 crFY 2024-25
+171%2024–2025
191LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Leading grower and processor of high-quality peanuts, utilizing modern technologies and innovative methodologies.

Food processing
₹234.94 crFY 2024-25
-23%2024–2025
—Not available
6 yr2020
0none in 3 months

Provider of solar water heaters, pumps, cookers, and roof tops

Solar energy
₹201.52 crFY 2021-22
Not reported
81+1% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Manufacturer of water-soluble fertilizers, NPK fertilizers, and micronutrient fertilizers

Agrochemicals
₹203.14 crFY 2024-25
+11%2024–2025
9LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer and exporter of porcelain tiles

Building materials
₹201.79 crFY 2024-25
+8%2024–2025
88LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jan 2025

Provider of plastic recycling services

Waste & water management
₹196.12 crFY 2024-25
+36%2024–2025
224-1% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months

Manufacturer of cotton yarn

Textile yarn
₹191.55 crFY 2024-25
-2%2024–2025
13-38% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Investment casting manufacturer providing precision metal manufacturing services

Manufacturing services
₹183.91 crFY 2024-25
+17%2024–2025
290+110% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Producer and supplier of cotton, peanuts, and argo products

Crop farming
₹169.84 crFY 2022-23
Not reported
—Not available
6 yr2020
—No postings tracked

Provider of solutions for PERC-based solar modules

Renewable energy tech
₹177.59 crFY 2024-25
+15%2024–2025
376-18% vs previous recordLinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer and wholesaler of spices

Food processing
₹168.98 crFY 2024-25
+0%2024–2025
350-1% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Company specializes in manufacturing polycarbonate and acrylic sheets for various applications

Polymers
₹126.38 crFY 2024-25
+3%2024–2025
115-13% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
1postings · last posted Aug 2026

Manufacturer of dehydrated onion products committed to providing safe and hygienic food to customers

Food processing
₹117.63 crFY 2024-25
+31%2024–2025
15-17% 12 mo to Sep 2024recorded Sep 2024
5 yr2021
0none in 3 months

Manufacturer of yarn products

Textile yarn
₹116.68 crFY 2024-25
-5%2024–2025
9+125% 12 mo to Sep 2024recorded Sep 2024
7 yr2019
0none in 3 months

Manufacturer of sanitary products, primarily focused on providing comfortable and hygienic solutions for women's personal care needs

Contract manufacturers
₹115.56 crFY 2024-25
+36%2024–2025
—Not available
9 yr2017
0none in 3 months

Jigar Cables Ltd

Manufacturing services
₹105.22 crFY 2024-25
+146%2024–2025
13recorded
9 yr2017
0none in 3 months
50 of 958 companies shown here · the full list is on Radar
Fliar Radar

Explore all 958 startups in Rajkot on Radar

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

Open startup in Rajkot on Radar
  • Every company, not just 50All 958 startups in Rajkot, 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 Rajkot by what you are looking for

Browse the top startups in Rajkot across software, manufacturing, food and agriculture. Find tech startups in Rajkot and new startups in Rajkot that are hiring.

9 ways to explore startup in Rajkot

IT services & software development startupsDigital marketing & marketing tech startupsFood processing & packaged food companiesAuto components & industrial manufacturersTiles, ceramics & building materials makersSolar energy & agri-input companies

IT services & software development startups

Software, app development and ERP companies based in Rajkot.

  1. Emipro Technologies

    Provider of Odoo ERP solutions

    Erp services
    Website
  2. Serenetic Software

    Provider of web & mobile application development services

    It services
    Website
  3. WeyBee Solutions

    Provider of application development and digital marketing services

    It services
    Website
  4. Wisdomlogix Solutions

    Provides application development services

    It services
    Website
  5. Icon Technology

    Provider of application development services

    Erp services
    Website

Digital marketing & marketing tech startups

Digital marketing agencies, branding studios and marketing software startups.

  1. WeyBee Solutions

    Provider of application development and digital marketing services

    It services
    Website
  2. BlogBing

    Keyword research tool for SEO

    Marketingtech
    Website
  3. Social Sparsh

    AI based digital marketing platform for businesses

    Marketingtech
    Website
  4. GO PROFESSIONAL

    Provider of branded tax compliance materials for tax professionals

    Insurance it
    Website
  5. Cranai

    Provider of digital marketing, branding, and IT suite services

    Erp services
    Website

Food processing & packaged food companies

Makers of snacks, spices, dairy, peanuts and other processed foods.

  1. Maahi Milk

    Internet first brand of dairy products

    Food & beverage products
    See in list
  2. Everest Starch

    Producer of starches and derivatives

    Food processing
    See in list
  3. Shreeya Peanuts

    Exporter of peanut products

    Food distributors
    See in list
  4. Khedut

    Leading grower and processor of high-quality peanuts, utilizing modern technologies and innovative methodologies.

    Food processing
    See in list
  5. Gandhi Spices

    Manufacturer and wholesaler of spices

    Food processing
    See in list

Auto components & industrial manufacturers

Manufacturers of auto parts, forged components and industrial equipment.

  1. Diyan Papers

    Contract manufacturer of grey and white back boards

    Contract manufacturers
    See in list
  2. Khedut

    Leading grower and processor of high-quality peanuts, utilizing modern technologies and innovative methodologies.

    Food processing
    See in list
  3. Shilpan Steelcast

    Investment casting manufacturer providing precision metal manufacturing services

    Manufacturing services
    See in list
  4. HR Hygiene Products

    Manufacturer of sanitary products, primarily focused on providing comfortable and hygienic solutions for women's personal care needs

    Contract manufacturers
    See in list
  5. JC Valvulas India

    Manufacturer of industrial valves

    Industrial automation equipment
    See in list

Tiles, ceramics & building materials makers

Manufacturers and exporters of tiles, cement, flooring and construction materials.

  1. Hi-Bond Cement

    Manufacturer and supplier of cement

    Building materials
    See in list
  2. Qsec tiles

    Manufacturer and exporter of porcelain tiles

    Building materials
    See in list
  3. Greenray Granito

    Tile manufacturing company

    Building materials
    See in list
  4. Antila Ceramic

    Antila Ceramic Pvt. Ltd. | Digital Evolution

    Building materials
    See in list
  5. Kemron Wood Plast

    Manufacturer of PVC foam board & WPC foam board

    Building materials
    Website

Solar energy & agri-input companies

Solar product makers and farm input and agrochemical companies.

  1. Credence Solar Panels

    Manufacturer of high-performance solar PV modules

    Solar energy
    See in list
  2. Ferus Energies

    Provider of solar water heaters, pumps, cookers, and roof tops

    Solar energy
    See in list
  3. Uratom

    Manufacturer of solar powered products

    Solar energy
    See in list
  4. Ambit Energy

    Provider of energy audits, solar EPC O&M services

    Solar energy
    See in list
  5. Tyrone Agro Chemicals

    Manufacturer of agrochemical products

    Crop tech
    Website

Consumer, fashion & household brands

Kitchenware, fashion, jewellery, beauty and home products brands.

  1. Praavy

    Internet first brand of jewellery

    Fashion accessories
    See in list
  2. Divya

    Manufacturer and marketer of steel kitchenware products

    Household durables
    See in list
  3. Aditi Toys

    Manufacturer of high-quality, safe toys

    Baby & kids products
    See in list
  4. Nel Life Care

    Company that specializes in the manufacturing and distribution of baby care, personal care, and healthcare products

    Beauty & personal care products
    See in list
  5. Maxwill

    Manufacturer of domestic atta chakki and alkaline water bottles

    Household durables
    Website

New startups in Rajkot

Companies in Rajkot founded in recent years.

  1. Credence Solar Panels

    Manufacturer of high-performance solar PV modules

    Solar energy
    See in list
  2. Pardes Quick Foods & Dehydration

    Manufacturer of dehydrated onion products committed to providing safe and hygienic food to customers

    Food processing
    See in list
  3. Lyne

    Internet first brand of multi-category electronic products

    Mobiles & accessories
    See in list
  4. Nel Life Care

    Company that specializes in the manufacturing and distribution of baby care, personal care, and healthcare products

    Beauty & personal care products
    See in list
  5. Diamond Sing & Foods

    Brand of chips, peanuts, chickpeas, and namkeens

    Food & beverage products
    Website
262 companies in Rajkot

Startups hiring in Rajkot

Rajkot startups that are currently hiring.

  1. Sovereign Metals

    Leading gold refinery

    Manufacturing services
    See in list
  2. HariOm Communication

    Provider of mobile distribution, mobile assurance, and Amazon Kindle distribution services

    Wholesalers
    See in list
  3. Qsec tiles

    Manufacturer and exporter of porcelain tiles

    Building materials
    See in list
  4. Tilara Polyplast

    Company specializes in manufacturing polycarbonate and acrylic sheets for various applications

    Polymers
    See in list
  5. Angel Biogenics

    Manufacturer of anticancer, anesthetic, and antibiotic pharmaceutical products. The company produces a wide variety of medications, including injections and tablets, across several therapeutic areas. These pharmaceuticals are developed using high-quality raw materials and advanced technology. The manufacturing process adheres to stringent quality control standards. The company also supplies and exports its products.

    Traditional pharmaceuticals
    See in list
25 companies in Rajkot
Mobile reach

Top 10 startup apps from Rajkot

The most-installed Android apps published by startups headquartered in Rajkot — 234.2M installs between them. 134 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

MBit Music Video Status Maker

by MBit Music

Installs81.6M
Rating4.43451K ratings
Last updatedApr 2026
View on Google Play ↗
MBit Music Video Status Maker screenshot 1MBit Music Video Status Maker screenshot 2MBit Music Video Status Maker screenshot 3MBit Music Video Status Maker screenshot 4MBit Music Video Status Maker screenshot 5MBit Music Video Status Maker screenshot 6
2

Stylish Fonts Keyboard

by Stylish Fonts

Installs59.4M
Rating4.15374K ratings
Installs, year on year+8%
Last updatedAug 2024
View on Google Play ↗
Stylish Fonts Keyboard screenshot 1Stylish Fonts Keyboard screenshot 2Stylish Fonts Keyboard screenshot 3Stylish Fonts Keyboard screenshot 4Stylish Fonts Keyboard screenshot 5Stylish Fonts Keyboard screenshot 6
4

PF Balance, UAN, EPF balance

by PF Balance App

Installs16.1M
Rating4.48133K ratings
Last updatedMay 2026
View on Google Play ↗
PF Balance, UAN, EPF balance screenshot 1PF Balance, UAN, EPF balance screenshot 2PF Balance, UAN, EPF balance screenshot 3PF Balance, UAN, EPF balance screenshot 4PF Balance, UAN, EPF balance screenshot 5PF Balance, UAN, EPF balance screenshot 6
5

Stylish Text, Fonts & Keyboard

by Stylish Text

Installs10.5M
Rating4.1757K ratings
Installs, year on year+10%
Last updatedJul 2025
View on Google Play ↗
Stylish Text, Fonts & Keyboard screenshot 1Stylish Text, Fonts & Keyboard screenshot 2Stylish Text, Fonts & Keyboard screenshot 3Stylish Text, Fonts & Keyboard screenshot 4
6

Festival Poster Maker & Post

by Festival Post

Installs7.5M
Rating4.8117K ratings
Installs, year on year+19%
Last updatedApr 2026
View on Google Play ↗
Festival Poster Maker & Post screenshot 1Festival Poster Maker & Post screenshot 2Festival Poster Maker & Post screenshot 3Festival Poster Maker & Post screenshot 4Festival Poster Maker & Post screenshot 5Festival Poster Maker & Post screenshot 6
7

File Reader - PDF, Word, ZIP

by Sticker Maker

Installs4.6M
Rating4.2321K ratings
Last updatedMay 2026
View on Google Play ↗
File Reader - PDF, Word, ZIP screenshot 1File Reader - PDF, Word, ZIP screenshot 2File Reader - PDF, Word, ZIP screenshot 3File Reader - PDF, Word, ZIP screenshot 4File Reader - PDF, Word, ZIP screenshot 5File Reader - PDF, Word, ZIP screenshot 6
8

Quotes Creator - Quote Maker

by ArtLab

Installs4.4M
Rating4.3633K ratings
Installs, year on year+8%
Last updatedSep 2025
View on Google Play ↗
Quotes Creator - Quote Maker screenshot 1Quotes Creator - Quote Maker screenshot 2Quotes Creator - Quote Maker screenshot 3Quotes Creator - Quote Maker screenshot 4Quotes Creator - Quote Maker screenshot 5Quotes Creator - Quote Maker screenshot 6
9

Supermarket Cashier Game

by Qzee Games

Installs3.4M
Rating4.565K ratings
Installs, year on year+44%
Last updatedFeb 2026
View on Google Play ↗
Supermarket Cashier Game screenshot 1Supermarket Cashier Game screenshot 2Supermarket Cashier Game screenshot 3Supermarket Cashier Game screenshot 4Supermarket Cashier Game screenshot 5Supermarket Cashier Game screenshot 6
10

Gujarati Calendar 2026

by Ramdev Infotech

Installs2.8M
Rating4.6215K ratings
Installs, year on year+43%
Last updatedFeb 2026
View on Google Play ↗
Gujarati Calendar 2026 screenshot 1Gujarati Calendar 2026 screenshot 2Gujarati Calendar 2026 screenshot 3Gujarati Calendar 2026 screenshot 4Gujarati Calendar 2026 screenshot 5Gujarati Calendar 2026 screenshot 6
The business behind the activity

Startup financials in Rajkot

Revenue, profit and growth from the filed annual accounts of 186 startups in Rajkot for FY24-25 — 220 of the 958 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 59% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹15,177.50 cr

186 companies filing accounts

combined net profit₹183.61 cr

1.2% aggregate margin

are profitable74%

137 of 186 companies

median revenue~₹10.2 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five59%

revenue concentration

Six-year view

Combined revenue of filing companies

₹10,051.40 crFY19-20120 filers
₹11,551.97 crFY20-21133 filers
₹16,354.88 crFY21-22149 filers
₹18,296.77 crFY22-23169 filers
₹18,122.65 crFY23-24183 filers
₹15,177.50 crFY24-25186 filers

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

Like-for-like

The same 151 companies over three years

+25%
FY22-23₹11,679.98 cr₹133.50 cr net
FY23-24₹12,693.75 cr₹206.47 cr net
FY24-25₹14,617.98 cr₹172.46 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 cr3829% profitable
₹1–10 cr5580% profitable
₹10–100 cr6987% profitable
₹100–1,000 cr2190% profitable
Over ₹1,000 cr3100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking65
0–20%30
20–50%44
50–100%10
Doubled+21

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

Profitability

Profit is concentrated at the top

137profitable
48loss-making
1.2%aggregate margin
1.1%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
Aayush HospitalsAAYUSH GROUP OF HOSPITALS PRIVATE LIMITED
Flexico ForgeFLEXICO FORGE PRIVATE LIMITED+235%₹13.89 cr
Herb ElementzHERB ELEMENTZ NATURECEUTICALS PRIVATE LIMITED+166%₹48.13 cr
Jigar CablesJIGAR CABLES LIMITED+147%₹103.27 cr
UratomURATOM SOLAR (INDIA) PRIVATE LIMITED
KBZ FOODKBZ FOOD INDIA LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
SNJ LabsSNJ LABS PRIVATE LIMITED
Amruta hospitalAMRUTA PEDIACARE PRIVATE LIMITED₹21.19 cr
MarkonMARKON LIFECARE PRIVATE LIMITED
Metalic TechnoForgeMETALIC TECHNOFORGE LIMITED12.1%₹76.46 cr
Emipro TechnologiesEMIPRO TECHNOLOGIES PRIVATE LIMITED
Four Square Green EnergyFOUR SQUARE GREEN ENERGY PRIVATE LIMITED9.6%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Food & beverage products8₹2,407.76 cr~₹38.2 cr62%1.1%
Food processing10₹1,180.02 cr~₹82.7 cr70%1.4%
Building materials11₹986.77 cr~₹35.3 cr50%-1.5%
Manufacturing services11₹596.72 cr~₹24.0 cr91%4.4%
Polymers5₹312.37 cr~₹52.1 cr100%1.9%
Solar energy5₹207.92 cr~₹7.7 cr100%1.9%
Auto components7₹132.40 cr~₹19.4 cr71%1.9%
Crop tech8₹34.24 cr~₹5.2 cr62%2.9%
Leaders

Largest startups by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
PRITAM SPOTPRITAM BULLION PRIVATE LIMITED₹4,086.35 cr₹7.81 cr0.2%+39%
Maahi MilkMAAHI MILK PRODUCER COMPANY LIMITED₹2,127.46 cr₹28.35 cr1.3%+8%
HariOm CommunicationHARIOM MOBILE PRIVATE LIMITED₹1,755.43 cr₹5.51 cr0.3%+11%
Hi-Bond CementHI-BOND CEMENT (INDIA) PRIVATE LIMITED₹547.40 cr−₹5.51 cr-1.0%-19%
Everest StarchEVEREST STARCH (INDIA) PRIVATE LIMITED₹466.34 cr₹5.03 cr1.1%-1%
Shreeya PeanutsSHREEYA PEANUTS PRIVATE LIMITED₹244.08 cr₹3.60 cr1.5%-5%
Radheshyam Spinning MillRADHESHYAM SPINNING MILL PRIVATE LIMITED₹241.12 cr₹3.53 cr1.5%-0%
KhedutKHEDUT FEEDS AND FOODS PRIVATE LIMITED₹234.94 cr−₹1.84 cr-0.8%-23%
Positive GroupPOSITIVE CHEMICALS PRIVATE LIMITED₹203.14 cr₹6.84 cr3.4%+11%
Skywin SpinningSKYWIN SPINNING PRIVATE LIMITED₹191.55 cr₹2.46 cr1.3%-2%
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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 Rajkot 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, Rajkot15

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 Rajkot

15Acquisition

Most active acquirers

  1. General atlantic4
  2. Alkem MedTech Private Limited2
  3. Ace software exports1
  4. Neomile Growth Fund – Series I1
  5. Atul auto1

Most acquired or merged

  1. Balaji wafers8
  2. Bombay ortho industries2
  3. QeLearn (Formerly known as Theia Education)1
  4. Shree Ram Twistex1
  5. Atul greentech1

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

Startup funding in Rajkot

11 startups in Rajkot have recorded equity funding, US$74.87m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Rajkot

Meet the people behind startups in Rajkot. 238 of 958 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Rajkot startups by sub-sector

The most common specialisations among startups in Rajkot. 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.

Coming soon