Company lists
The Salcete edition · 2026

Startupcompanies in Salcete

Drinks, pharma, engineering & EV, smart tech, startups and more: the companies building startup in Salcete, with their founders, funding, team size and business models.

29 company profiles11 with reported revenue4 with recorded fundingNovember 2026 edition

Recent startup business events in India

Funding, M&A, contract wins and launches involving 336,782 startups in India, last 24 months: 5508 Contracts · 4375 M&A deals · 2368 funding rounds · 1321 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

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
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
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
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
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
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
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
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 Salcete, by funding and team

Few startups in Salcete publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 29 companies below lead on recorded funding and team size among 29 active companies.

Showing 25 of 29

Samsara is an Indian craft gin that celebrates self-expression, curiosity, and wanderlust.

Alcoholic beverage products
US$2.77mSeed · Sep 2024
—Not available
E-commerce - product / Physical commerce
6 yr2020
0none in 3 months

Manufacture of electric ATVs

Electric vehicles
US$1.21mSeed · Sep 2022
23-27% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product / Physical commerce
12 yr2014
0none in 3 months

Cloud based legal contract management solution

Legal tech
US$283kSeed · May 2022
26LinkedIn · Jul 2026
Subscription
7 yr2019
0none in 3 months · last posted Jan 2021

Developer of contract lifecycle management software with AI-powered automation

Legal tech
US$283kSeed · May 2022
26LinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months

CDMO focused on manufacturing of solid based drugs

Biopharma outsourcing
—None recorded
104+112% 12 mo to Mar 2024recorded Mar 2024
E-commerce - product / Physical commerce
13 yr2013
0none in 3 months

Manufacturer of herbal extracts, spice extracts, plant extracts, and oleoresins

Alternative medicine products
—None recorded
30+22% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product
12 yr2014
0none in 3 months · last posted Jun 2026

Brand of coffee

Food & beverage products
—None recorded
29+25% 12 mo to Jul 2024LinkedIn · Jul 2026
E-commerce - product / Physical commerce
10 yr2016
0none in 3 months

Business accelerator and incubator backed by Nstedb Division Department of Science and Technology

Accelerators & incubators
—None recorded
19LinkedIn · Jul 2026
Fee-for-service
14 yr2012
0none in 3 months

Electric propulsion systems

Aerospace tech
—None recorded
1LinkedIn · Jul 2026
Advertising / Commission on transaction
8 yr2018
0none in 3 months

Company specializing in aluminum die casting, mold tool manufacturing, and post-machining services for various industries

Manufacturing services
—None recorded
12LinkedIn · Jul 2026
E-commerce - product
9 yr2017
0none in 3 months

Operator of cultural tours

Tour operators
—None recorded
—Not available
Commission on transaction / E-commerce - service
12 yr2014
0none in 3 months

Provider of security and surveillance systems and solutions

Security & surveillance technology
—None recorded
4LinkedIn · Jul 2026
Subscription
13 yr2013
0none in 3 months

Provider of marine management services industry, providing skilled and dedicated personnel

Ship repair and management services
—None recorded
5LinkedIn · Jul 2026
Not available
14 yr2012
0none in 3 months

Provider of IoT based water level monitoring and controlling solutions

Smart homes
—None recorded
2LinkedIn · Jul 2026
Subscription
6 yr2020
0none in 3 months

Provider of transport services

Logistics tech
—None recorded
9LinkedIn · Jul 2026
Commission on transaction / E-commerce - service
6 yr2020
0none in 3 months · last posted Oct 2025

Provider of 3D printing services

3d printing and 3d scanning services
—None recorded
7LinkedIn · Jul 2026
E-commerce - product / Physical commerce
12 yr2014
0none in 3 months

Brand of premium spirits

Alcoholic beverage products
—None recorded
—Not available
E-commerce - product
14 yr2012
—No postings tracked

Independent development studio based out of Sweden

Services for gaming
—None recorded
—Not available
Fee-for-service
11 yr2015
—No postings tracked

Provider of industrial wastewater and water purifiers services

Waste & water management
—None recorded
15LinkedIn · Jul 2026
Fee-for-service
13 yr2013
—No postings tracked

Manufacturer of jewellery

Fashion accessories
—None recorded
3LinkedIn · Jul 2026
E-commerce - product / Physical commerce
2 yr2024
—No postings tracked

Developer of sustainable development initiatives and ventures

Foundations
—None recorded
1LinkedIn · Jul 2026
Fee-for-service
6 yr2020
—No postings tracked

Private college offering arts & hospitality management courses

Higher education institutions
—None recorded
—Not available
Fee-for-service
13 yr2013
—No postings tracked

Company that provides granite, semiprecious stones, and slate

Building materials
—None recorded
6LinkedIn · Jul 2026
E-commerce - product / Physical commerce
14 yr2012
0none in 3 months

Brand of whiskey

Alcoholic beverage products
—None recorded
—Not available
Commission on transaction / E-commerce - product
10 yr2016
—No postings tracked

Manufacturer of cleaning chemical products such as liquid soap, hand wash, dish wash, sanitizers, and floor cleaner

Home care products
—None recorded
—Not available
E-commerce - product
3 yr2023
0none in 3 months
29 of 29 companies shown here · the full list is on Radar
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Explore startups in Salcete by what you are looking for

Browse startup companies in Salcete across spirits, legal tech, pharma and deep tech. Find new startups in Salcete and startups that are hiring.

6 ways to explore startup in Salcete

Spirits, coffee & beverage brandsPharma manufacturing & drug developmentEngineering, EV, aerospace & manufacturing startupsSurveillance, IoT & water tech startupsNew startups in SalceteStartups hiring in Salcete

Spirits, coffee & beverage brands

Craft gin, feni, whiskey and coffee brands from Salcete.

  1. Saṃsara

    Samsara is an Indian craft gin that celebrates self-expression, curiosity, and wanderlust.

    Alcoholic beverage products
    See in list
  2. Coffeeza

    Brand of coffee

    Food & beverage products
    See in list
  3. Cazulo Premium Feni

    Brand of premium spirits

    Alcoholic beverage products
    See in list
  4. Hartford Eastern Holdings

    Brand of whiskey

    Alcoholic beverage products
    See in list

Pharma manufacturing & drug development

CDMO, drug discovery and alternative medicine companies.

  1. Bio-Med Ingredients

    Manufacturer of herbal extracts, spice extracts, plant extracts, and oleoresins

    Alternative medicine products
    See in list
  2. Fertin India

    CDMO focused on manufacturing of solid based drugs

    Biopharma outsourcing
    See in list
  3. VerGo Organics

    Company offering drug discovery and manufacturing scale-up services

    Biopharma outsourcing
    See in list

Engineering, EV, aerospace & manufacturing startups

Electric vehicles, propulsion, die casting and 3D printing companies.

  1. Powerland

    Manufacture of electric ATVs

    Electric vehicles
    See in list
  2. Silicon Castech

    Company specializing in aluminum die casting, mold tool manufacturing, and post-machining services for various industries

    Manufacturing services
    See in list
  3. Innovantix

    Electric propulsion systems

    Aerospace tech
    See in list
  4. India Futuristic Marine

    Provider of marine management services industry, providing skilled and dedicated personnel

    Ship repair and management services
    See in list
  5. Infinyt3D

    Provider of 3D printing services

    3d printing and 3d scanning services
    See in list

Surveillance, IoT & water tech startups

Security systems, smart home, IoT and water monitoring technology.

  1. Psytech

    Provider of security and surveillance systems and solutions

    Security & surveillance technology
    See in list
  2. Neerovel

    Provider of IoT based water level monitoring and controlling solutions

    Smart homes
    See in list
  3. Samco

    Provider of industrial wastewater and water purifiers services

    Waste & water management
    See in list

New startups in Salcete

Recently founded startup companies in Salcete.

  1. Aradhya Jewels

    Manufacturer of jewellery

    Fashion accessories
    See in list
  2. CIPLYCLEAN

    Manufacturer of cleaning chemical products such as liquid soap, hand wash, dish wash, sanitizers, and floor cleaner

    Home care products
    See in list
  3. Auto Serv

    Provider of roadside assistance, towing services, car rejuvenation services, insurance renewals, and cashless accidental insurance claims

    Auto retail & aftersales
    See in list
  4. PhysioFox

    Provider of post-operative rehabilitation and cupping services

    Rehabilitation and long-term care
    See in list
  5. Zundermart

    App-based marketplace platform offering multi-category products

    Horizontal e-commerce
    See in list
5 companies in Salcete

Startups hiring in Salcete

Startup companies in Salcete that currently have job openings.

  1. Bio-Med Ingredients

    Manufacturer of herbal extracts, spice extracts, plant extracts, and oleoresins

    Alternative medicine products
    See in list
  2. ByHorse

    Provider of transport services

    Logistics tech
    See in list
  3. The Legal Capsule

    Cloud based legal contract management solution

    Legal tech
    See in list
3 companies in Salcete
The business behind the activity

Startup financials in Salcete

Revenue, profit and growth from the filed annual accounts of 12 startups in Salcete for FY24-25 — 16 of the 29 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 95% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹146.01 cr

12 companies filing accounts

combined net profit−₹53.76 cr

-36.8% aggregate margin

are profitable42%

5 of 12 companies

median revenue~₹2.0 cr

the typical company

median revenue growth+16%

into FY24-25

earned by the top five95%

revenue concentration

Six-year view

Combined revenue of filing companies

₹16.67 crFY19-208 filers
₹31.48 crFY20-218 filers
₹60.84 crFY21-2211 filers
₹66.06 crFY22-2311 filers
₹125.21 crFY23-2412 filers
₹146.01 crFY24-2512 filers

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

Like-for-like

The same 9 companies over three years

+104%
FY22-23₹65.62 cr−₹10.29 cr net
FY23-24₹117.27 cr−₹32.77 cr net
FY24-25₹133.59 cr−₹50.13 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 cr40% profitable
₹1–10 cr367% profitable
₹10–100 cr560% 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

Shrinking3
0–20%3
20–50%3
50–100%1
Doubled+1

11 companies with accounts for both years; median growth +16%.

Profitability

Profit is concentrated at the top

5profitable
7loss-making
-36.8%aggregate margin
-2.5%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
CoffeezaCOFFEEZA INDIA PRIVATE LIMITED+57%₹12.35 cr
PowerlandPOWERLAND AGRO TRACTOR VEHICLES PRIVATE LIMITED+40%₹16.65 cr
SaṃsaraSPACEMAN SPIRITS LAB PRIVATE LIMITED+35%₹19.86 cr
Fertin IndiaFERTIN INDIA PRIVATE LIMITED+23%₹31.20 cr
Bio-Med IngredientsBIO MED INGREDIENTS PRIVATE LIMITED+7%₹59.30 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
PowerlandPOWERLAND AGRO TRACTOR VEHICLES PRIVATE LIMITED8.5%₹16.65 cr
Bio-Med IngredientsBIO MED INGREDIENTS PRIVATE LIMITED5.1%₹59.30 cr
SaṃsaraSPACEMAN SPIRITS LAB PRIVATE LIMITED0.5%₹19.86 cr
Leaders

Largest startups by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Bio-Med IngredientsBIO MED INGREDIENTS PRIVATE LIMITED₹59.30 cr₹3.00 cr5.1%+7%
Fertin IndiaFERTIN INDIA PRIVATE LIMITED₹31.20 cr−₹52.94 cr-169.7%+23%
SaṃsaraSPACEMAN SPIRITS LAB PRIVATE LIMITED₹19.86 cr₹10.42 lakh0.5%+35%
PowerlandPOWERLAND AGRO TRACTOR VEHICLES PRIVATE LIMITED₹16.65 cr₹1.42 cr8.5%+40%
CoffeezaCOFFEEZA INDIA PRIVATE LIMITED₹12.35 cr−₹3.39 cr-27.4%+57%
PsytechPSYTECH INFOSOLUTIONS (INDIA) PRIVATE LIMITED₹2.19 cr−₹70.37 lakh-32.1%-50%
CIBACENTRE FOR INCUBATION AND BUSINESS ACCELERATION₹1.87 cr₹23.26 lakh12.4%+8%
ByHorseBOOK YOUR HORSE LOGISTICS PRIVATE LIMITED₹1.33 cr₹4.99 lakh3.8%+16%
The Legal Capsule, ContractzyATTORT LEGAL CONSULTANCY PRIVATE LIMITED₹75.71 lakh−₹1.27 cr-167.4%-22%
India Futuristic MarineINDIA FUTURISTIC MARINE PRIVATE LIMITED₹43.02 lakh−₹1.34 lakh-3.1%-75%
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 Salcete compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months790

US$7.77bn

equity rounds, last 24 months3250

US$22.95bn

raised over five yearsUS$121.75bn

17,208 rounds in India

M&A deals, India4375

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

3995Acquisition
325Merger
15Takeover

Most active acquirers

  1. Na74
  2. Nazara technologies38
  3. Ambuja cements32
  4. Adani group32
  5. Wipro30

Most acquired or merged

  1. Jaiprakash Associates39
  2. Rajasthan royals37
  3. Na29
  4. Yes bank17
  5. Orient cement16

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

Startup funding in Salcete

4 startups in Salcete have recorded equity funding, US$4.55m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Salcete

Meet the people behind startups in Salcete. 17 of 29 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.

Coming soon