Company lists
The Solan edition · 2026

Startupcompanies in Solan

Pharma, contract manufacturing, travel & hotels, marketing, beauty & food and more: the companies building startup in Solan, with their founders, funding, team size and business models.

71 company profiles13 with reported revenue1 with recorded fundingOctober 2026 edition

Recent startup business events in India

Funding, M&A, contract wins and launches involving 336,782 startups in India, last 24 months: 5796 Contracts · 4599 M&A deals · 2537 funding rounds · 1385 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
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
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
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
M&AAcquisition · Announced

AM Green acquires Assam Bio Refinery

This divestment strategy coincides with AM Green's plans to acquire Fortum Oyj's and Chempolis Oy's 50% stake in their joint venture, Assam Bio Refinery Pvt Ltd, along with the Finnish…

Biotechnology
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 Solan, by funding and team

Few startups in Solan 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 71 active companies.

Showing 25 of 50

Animal health product development company

Veterinary medical retailers and distributors
US$6.44mSeries A · Apr 2017
1LinkedIn · Jul 2026
E-commerce - product / Physical commerce
11 yr2015
0none in 3 months

Provider of sports nutrition

Traditional nutraceuticals
—None recorded
1,036-1% 12 mo to Sep 2024recorded Sep 2024
E-commerce - product
9 yr2017
0none in 3 months

Pharmaceutical manufacturing company providing a range of products and services

Traditional pharmaceuticals
—None recorded
13+78% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product / Physical commerce
14 yr2012
0none in 3 months

Manufacturer of pharmaceutical tablets, capsules, sachets, ointments, and specialty products

Biopharma outsourcing
—None recorded
8LinkedIn · Jul 2026
E-commerce - product / Physical commerce
8 yr2018
0none in 3 months

Internet first brand of protein coffee

Online grocery
—None recorded
12LinkedIn · Jul 2026
E-commerce - product
8 yr2018
0none in 3 months · last posted Jul 2026

Provider of hemp based plastics producing zero waste

Solid waste management tech
—None recorded
1LinkedIn · Jul 2026
E-commerce - product
5 yr2021
0none in 3 months

Brand of body wash, soap, toothpaste, essential oil, hair & face products

Beauty & personal care products
—None recorded
105LinkedIn · Jul 2026
E-commerce - product
13 yr2013
0none in 3 months

Provider of nutritional supplemnets to improve health

Nutraceuticals tech
—None recorded
2LinkedIn · Jul 2026
E-commerce - product
3 yr2023
0none in 3 months

Platform offering AI-driven marketing automation solutions

E-commerce enablers
—None recorded
—Not available
Subscription
2 yr2024
—No postings tracked

Cold email platform for businesses

Marketingtech
—None recorded
—Not available
Subscription
3 yr2023
0none in 3 months

Manufacturer of drugs

Traditional pharmaceuticals
—None recorded
19LinkedIn · Jul 2026
Advertising / Commission on transaction
15 yr2011
0none in 3 months

Developer of mRNA-based therapeutics and vaccines addressing infectious and other diseases

Infectious diseases
—None recorded
1LinkedIn · Jul 2026
E-commerce - product / Physical commerce
6 yr2020
—No postings tracked

Provider of waste disposal and recycling services

Waste & water management
—None recorded
1LinkedIn · Jul 2026
Not available
14 yr2012
—No postings tracked

Manufacturer of cosmetics products

Contract manufacturers
—None recorded
—Not available
E-commerce - product / Physical commerce
13 yr2013
—No postings tracked

Manufacturer and supplier of medical devices, including adult diapers, IV cannula, disposable syringes, and other healthcare products

Traditional medical devices
—None recorded
—Not available
E-commerce - product / Physical commerce
2 yr2024
—No postings tracked

Manufacturer of pharmaceutical capsules, tablets, injections, and vitamin supplements

Traditional pharmaceuticals
—None recorded
—Not available
E-commerce - product / Physical commerce
12 yr2014
0none in 3 months

Authorized dealer of Toyota vehicles

Auto retail & aftersales
—None recorded
—Not available
Fee-for-service
15 yr2011
0none in 3 months

Pharmaceutical manufacturing company specializing in the production of medicines

Biopharma outsourcing
—None recorded
30LinkedIn · Jul 2026
E-commerce - product / Physical commerce
6 yr2020
0none in 3 months

Provider of security services

Facility management services
—None recorded
—Not available
Fee-for-service
5 yr2021
0none in 3 months

Pharmaceutical company that manufactures and exports injectable, nasal spray, syrup, dry syrup, tablet, and capsule products

Biopharma outsourcing
—None recorded
—Not available
E-commerce - product / Physical commerce
14 yr2012
0none in 3 months

Distributor of diversified drugs

Pharmaceutical distributors
—None recorded
—Not available
E-commerce - product / Physical commerce
4 yr2022
0none in 3 months

Manufacturer of pharmaceutical formulations including tablets, capsules, syrups, and injections

Traditional pharmaceuticals
—None recorded
—Not available
E-commerce - product / Physical commerce
5 yr2021
0none in 3 months

CDMO focused on manufacturing pharmaceutical formulations

Biopharma outsourcing
—None recorded
2LinkedIn · Oct 2026
E-commerce - product / Physical commerce
7 yr2019
0none in 3 months

Product discovery and recommendation platform

Beauty tech
—None recorded
—Not available
E-commerce - product
7 yr2019
—No postings tracked

Recruitment consultancy providing end-to-end staffing solutions

Hr services
—None recorded
—Not available
Fee-for-service
3 yr2023
2postings · last posted Sep 2026
50 of 71 companies shown here · the full list is on Radar
Fliar Radar

Explore all 71 startups in Solan 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 71 startups in Solan, filterable by stage, funding, team size, revenue model and age.
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Explore startups in Solan by what you are looking for

Browse startups in Solan, from pharmaceutical manufacturers and contract manufacturing to hotels, tour operators and marketing platforms. Find new startup companies in Solan and see which ones are hiring.

6 ways to explore startup in Solan

Pharmaceutical manufacturers & drug companiesPharma contract manufacturing & CDMO companiesHotels, resorts & tour operatorsMarketing & marketing tech companiesBeauty, personal care & food product brandsNew startups in Solan

Pharmaceutical manufacturers & drug companies

Makers of generic formulations, tablets, capsules and injectables.

  1. Neptune Life Sciences

    CDMO focused on manufacturing pharmaceutical formulations

    Biopharma outsourcing
    See in list
  2. Dallas Drugs

    Pharmaceutical manufacturing company providing a range of products and services

    Traditional pharmaceuticals
    See in list
  3. NDE Pharmaceutical

    Manufacturer of pharmaceutical formulations including tablets, capsules, syrups, and injections

    Traditional pharmaceuticals
    See in list
  4. Muscle Essentials

    Provider of sports nutrition

    Traditional nutraceuticals
    See in list
  5. Sigma Softgel & Formulation

    Manufacturer of drugs

    Traditional pharmaceuticals
    See in list

Pharma contract manufacturing & CDMO companies

CDMOs and contract manufacturers producing medicines and cosmetics for other brands.

  1. Neptune Life Sciences

    CDMO focused on manufacturing pharmaceutical formulations

    Biopharma outsourcing
    See in list
  2. Cent Cure

    Manufacturer of pharmaceutical tablets, capsules, sachets, ointments, and specialty products

    Biopharma outsourcing
    See in list
  3. Xenone Healthcare

    Pharmaceutical company that manufactures and exports injectable, nasal spray, syrup, dry syrup, tablet, and capsule products

    Biopharma outsourcing
    See in list
  4. JM Laboratories

    Pharmaceutical manufacturing company specializing in the production of medicines

    Biopharma outsourcing
    See in list
  5. Intelico Pharmaceuticals

    Pharmaceutical contract manufacturing company, offering a wide range of prescription and over-the-counter products, including injectables, tablets, capsules, and drops

    Biopharma outsourcing
    See in list

Hotels, resorts & tour operators

Resorts, hotels, taxi and tour operators serving Solan visitors.

  1. Vibe Indian

    Operator of tours

    Tour operators
    See in list
  2. Campsvilla

    Online campsites booking platform

    Online travel
    See in list
  3. Himachaltourcab

    Himachal taxi service offering tours, car rentals, and travel packages

    Tour operators
    See in list
  4. Himalayancab

    Provider of taxi and tour packages

    Car rentals
    See in list
  5. Jungle Lodge Resort

    Operator of standalone hotel

    Hotels
    See in list

Marketing & marketing tech companies

Marketing automation, email and influencer marketing platforms and agencies.

  1. EcomEchoTech

    Platform offering AI-driven marketing automation solutions

    E-commerce enablers
    See in list
  2. InboxAutomate

    Cold email platform for businesses

    Marketingtech
    See in list
  3. Fahdu

    Platform offering fan engagement solutions

    Marketingtech
    See in list
  4. prime kreation

    we believe that modern businesses have the potential to magnetize customers however; they lack a strong internal infrastructure.

    Marketing services
    See in list
  5. mount woods studio

    Mount Woods Studio is a creative studio focusing on culture, luxury, editorial, and art.

    Marketing services
    Website

Beauty, personal care & food product brands

Cosmetics, herbal products and food and beverage brands.

  1. Elegant India Overseas

    Manufacturer of cosmetics products

    Contract manufacturers
    See in list
  2. AVN Footsteps

    Cosmetic contract manufacturer specializing in private label skincare, hair care, and men's grooming products

    Beauty & personal care products
    See in list
  3. Danodia Foods

    Online platform offering a wide range of organic food products, including teas, millets, and flours

    Food & beverage products
    See in list
  4. Vaishnavi Gramodyog

    Manufacturer and supplier of herbal products, including soaps, shampoos, and essential oils

    Contract manufacturers
    Website
  5. A M Enterprises

    Brand of body wash, soap, toothpaste, essential oil, hair & face products

    Beauty & personal care products
    See in list
8 companies in Solan

New startups in Solan

Companies in Solan founded in recent years.

  1. Apsa HR Services

    Provider of security services

    Facility management services
    See in list
  2. NDE Pharmaceutical

    Manufacturer of pharmaceutical formulations including tablets, capsules, syrups, and injections

    Traditional pharmaceuticals
    See in list
  3. Placenest Services

    Recruitment consultancy providing end-to-end staffing solutions

    Hr services
    See in list
  4. Pi Hemp

    Provider of hemp based plastics producing zero waste

    Solid waste management tech
    See in list
  5. Srvatra Pharma

    Distributor of diversified drugs

    Pharmaceutical distributors
    See in list
21 companies in Solan
The business behind the activity

Startup financials in Solan

Revenue, profit and growth from the filed annual accounts of 12 startups in Solan for FY24-25 — 13 of the 71 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₹74.93 cr

12 companies filing accounts

combined net profit₹83.40 lakh

1.1% aggregate margin

are profitable50%

6 of 12 companies

median revenue~₹12 lakh

the typical company

median revenue growth-23%

into FY24-25

earned by the top five100%

revenue concentration

Six-year view

Combined revenue of filing companies

₹39.91 crFY20-216 filers
₹46.19 crFY21-228 filers
₹53.01 crFY22-239 filers
₹60.80 crFY23-2410 filers
₹74.93 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 8 companies over three years

+42%
FY22-23₹52.60 cr−₹64.46 lakh net
FY23-24₹60.54 cr₹1.30 cr net
FY24-25₹74.84 cr₹85.60 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 cr729% profitable
₹1–10 cr367% profitable
₹10–100 cr2100% 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

Shrinking5
0–20%1
20–50%2
50–100%0
Doubled+1

9 companies with accounts for both years; median growth -23%.

Profitability

Profit is concentrated at the top

6profitable
6loss-making
1.1%aggregate margin
-0.9%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
Dallas DrugsDALLAS DRUGS PRIVATE LIMITED+138%₹12.01 cr
Neptune Life SciencesNEPTUNE LIFESCIENCES PVT LTD+28%₹46.55 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Dallas DrugsDALLAS DRUGS PRIVATE LIMITED1.6%₹12.01 cr
Neptune Life SciencesNEPTUNE LIFESCIENCES PVT LTD1.0%₹46.55 cr
Leaders

Largest startups by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Neptune Life SciencesNEPTUNE LIFESCIENCES PVT LTD₹46.55 cr₹46.95 lakh1.0%+28%
Dallas DrugsDALLAS DRUGS PRIVATE LIMITED₹12.01 cr₹19.62 lakh1.6%+138%
Xenone HealthcareXENONE HEALTHCARE PRIVATE LIMITED₹9.62 cr₹23.07 lakh2.4%-23%
Apsa HR ServicesAPSA HR SERVICES PRIVATE LIMITED₹5.47 cr₹9.72 lakh1.8%+15%
A M EnterprisesINTELLISTALL (OPC) PRIVATE LIMITED₹1.02 cr−₹10.87 lakh-10.7%-41%
NDE PharmaceuticalNDE PHARMACEUTICAL PRIVATE LIMITED₹17.60 lakh₹0.31 lakh1.7%-39%
Placenest ServicesPLACENEST SERVICES PRIVATE LIMITED₹6.65 lakh₹0.52 lakh7.8%—
Pi HempPI HEMP PRIVATE LIMITED₹2.00 lakh−₹0.06 lakh-2.8%-33%
Srvatra PharmaSRVATRA PHARMA INDIA PRIVATE LIMITED₹1.25 lakh−₹2.80 lakh-223.9%+49%
NeoGenetix BioPharmaNEOGENETIX BIOPHARMA (OPC) PRIVATE LIMITED₹0.10 lakh−₹2.38 lakh-2266.5%—
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 Solan 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, India4599

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

4189Acquisition
355Merger
16Announced

Most active acquirers

  1. Na78
  2. Nazara technologies40
  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 Solan

Meet the people behind startups in Solan. 16 of 71 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Solan startups by sub-sector

The most common specialisations among startups in Solan. 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