Radar · in Surat
Top Startups in Surat
The 1490 top startups and companies in Surat, India in 2026, across all sectors — ranked by total equity funding and momentum. Funding, investors, founders, valuation and live signals. Top: SMT.
By Riya SenguptaFinancials
1490companies tracked
$344.5Mdisclosed funding
0unicorns
77have raised
Ranked: Best companies in Surat
| # | Company | Revenue | Disclosed funding | Revenue YoY | Employees | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Rayzon Solar Manufacturer of photovoltaic solar modules 60Fin. health top 22%Moat top 34%Market top 35%Growth top 39% All 10 signals ▾Fin. healthtop 22% Moattop 34% Markettop 35% Growthtop 39% Producttop 47% Fundingtop 49% Talentbottom 49% Techbottom 33% Newsbottom 33% Globalbottom 30% Fin. health: Revenue ~$335M (FY2024) · Net margin 11.7% Moat: Top 1% by revenue among 1951 tracked Solar Energy companies · Editorial + unicorn rating 1/10 rank vs industry peers · Fliar Intelligence Index 60/100 | $335M FY2025 | $16M | +122% | 203 | 2017 | BootstrapApache HTTP ServerCloudflare+13 | 1 award |
| 2 | KPI Green Energy Developer of renewable power plants 69Partners top 9%Fin. health top 15%Funding top 27%Market top 28% All 12 signals ▾Partnerstop 9% Fin. healthtop 15% Fundingtop 27% Markettop 28% Growthtop 28% Moattop 34% Producttop 35% Newstop 36% Talenttop 38% Techtop 47% Globalbottom 37% Innovationbottom 24% Partners: 21 contract events in 12 mo · Named contractor/client in 21 deals Fin. health: Revenue ~$208M (FY2023) · Net margin 15.9% rank vs industry peers · Fliar Intelligence Index 69/100 | $208M FY2025 | $36M | +70% | 315 | 2008 | PHPYouTubeCodeIgniter+21 | 2 job openings · 1 expansion · 1 award |
| 3 | SMT Manufacturer of minimally invasive cardiovascular devices including coronary and structural heart | $123M FY2025 | $93M | +14% | 1,041 1,041 → 988 (-5%) · sector median +19% | 1998 | DrupalPHPUbuntu+8 | — |
| 4 | Sumeet Industries Manufacturer of pet chips and polyester yarn | $119M FY2025 | $13M | +2% | 259 | 1988 | WordPressMySQLPHP+13 | — |
| 5 | Aether Manufacturer of advanced intermediates and active ingredients for multiple industries 69Innovation top 20%Product top 24%Fin. health top 30%Moat top 31% All 12 signals ▾Innovationtop 20% Producttop 24% Fin. healthtop 30% Moattop 31% Fundingtop 33% Talenttop 38% Markettop 39% Newsbottom 48% Partnersbottom 47% Growthbottom 46% Techbottom 44% Globalbottom 37% Innovation: 5 product lines Product: 5 distinct product lines · 1 published app (109 installs) rank vs industry peers · Fliar Intelligence Index 69/100 | $104M FY2025 | $13M | +38% | 943 | 2013 | WordPressMySQLPHP+20 | — |
| 6 | JB Ecotex Manufacturer of recycled polyester staple fiber and food grade resins 67Fin. health top 29%Market top 30%Moat top 30%Tech top 33% All 9 signals ▾Fin. healthtop 29% Markettop 30% Moattop 30% Techtop 33% Talenttop 38% Fundingtop 50% Growthbottom 48% Newsbottom 41% Globalbottom 37% Fin. health: Revenue ~$84.9M (FY2024) · Net margin 4.0% Market: 279 employees (top 17% of Sustainability Tech) · Revenue ~$84.9M rank vs industry peers · Fliar Intelligence Index 67/100 | $85M FY2025 | $5M | — | 279 279 → 168 (-40%) · sector median +19% | 2012 | WordPressMySQLPHP+26 | — |
| 7 | Magicrete Manufacturer of AAC blocks, construction chemicals, and precast construction solutions 62Moat top 26%Talent top 28%Innovation top 36%Tech top 38% All 11 signals ▾Moattop 26% Talenttop 28% Innovationtop 36% Techtop 38% Fin. healthtop 45% Producttop 45% Fundingtop 46% Growthtop 46% Markettop 48% Globalbottom 37% Newsbottom 27% Moat: Top 11% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 7/10 Talent: Analyst team rating 4/5 · 3 named leaders on record rank vs industry peers · Fliar Intelligence Index 62/100 | $46M FY2025 | $18M | +7% | 368 368 → 549 (+49%) · sector median +19% | 2008 | PHPYouTubeTailwind CSS+20 | 1 expansion |
| 8 | Globela Pharma Manufacturer of tablets, capsules, syrup, and injectables 57Product top 18%Innovation top 20%Moat top 29%Fin. health top 43% All 10 signals ▾Producttop 18% Innovationtop 20% Moattop 29% Fin. healthtop 43% Growthtop 47% Techtop 48% Markettop 50% Talentbottom 49% Fundingbottom 43% Globalbottom 32% Product: 4 distinct product lines Innovation: 4 product lines rank vs industry peers · Fliar Intelligence Index 57/100 | $35M FY2025 | $8M | +13% | 156 | 1996 | WordPressMySQLPHP+34 | — |
| 9 | Envision Scientific Provider of nanotechnology-based drug delivery systems | $30M FY2025 | $4M | +2% | 75 | 2008 | WordPressMySQLPHP+13 | — |
| 10 | Cosmic Pv Power Manufacturer of solar PV modules 78Growth top 14%Partners top 18%Innovation top 20%Fin. health top 22% All 12 signals ▾Growthtop 14% Partnerstop 18% Innovationtop 20% Fin. healthtop 22% Newstop 27% Producttop 36% Moattop 37% Markettop 39% Techtop 48% Fundingbottom 45% Talentbottom 40% Globalbottom 32% Growth: Headcount 82 → 132 (+61%) across vintages · Revenue +145% YoY Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals rank vs industry peers · Fliar Intelligence Index 78/100 | $29M FY2025 | $703K | +145% | 132 132 → 199 (+51%) · sector median +19% | 2020 | WordPressMySQLPHP+23 | 1 job opening |
| 11 | Vikram Nuvotech Provider of diversified fabrics manufacturing services 29Moat top 27%Market top 44%Funding bottom 46%Talent bottom 45% All 7 signals ▾Moattop 27% Markettop 44% Fundingbottom 46% Talentbottom 45% Fin. healthbottom 41% Globalbottom 29% Growthbottom 25% Moat: Top 15% by revenue among 3366 tracked Manufacturing Services companies · Editorial + unicorn rating 4/10 Market: 343 employees (top 26% of Manufacturing Services) · Revenue ~$25.9M rank vs industry peers · Fliar Intelligence Index 29/100 | $26M FY2025 | $6M | -4% | 343 | 1991 | — | — |
| 12 | Navitas Solar Manufacturer of solar power systems and solar panels | $25M FY2023 | $5M | — | 147 | 2013 | WordPressMySQLPHP+28 | 4 expansions |
| 13 | XYXX Online retailer of clothing, apparel, and innerwear items for men 74Funding top 25%Moat top 25%Market top 29%Growth top 36% All 10 signals ▾Fundingtop 25% Moattop 25% Markettop 29% Growthtop 36% Techtop 38% Talenttop 38% Producttop 40% Fin. healthtop 43% Globalbottom 39% Newsbottom 24% Funding: Raised $35.3M across 10 rounds · 10 rounds over 7 yrs (1.4/yr) Moat: Top 13% by revenue among 643 tracked Apparel Brands companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 74/100 | $23M FY2025 | $35M | +46% | 287 287 → 382 (+33%) · sector median +19% | 2017 | Cart FunctionalityShopifyOxi Social Login+35 | — |
| 14 | Polite PowerTech Provider of turnkey EPC services for electrical switchyards, substations, and electrification projects | $18M FY2025 | $2M | +532% | — | 2023 | Animate.cssBootstrapIsotope+7 | — |
| 15 | BA Prerna Provider of turnkey solutions for wind and solar projects 78Growth top 17%Fin. health top 25%Moat top 27%Tech top 35% All 8 signals ▾Growthtop 17% Fin. healthtop 25% Moattop 27% Techtop 35% Talenttop 38% Markettop 43% Fundingtop 47% Globalbottom 45% Growth: Revenue +370% YoY · Web rank 50,000,000 → 10,000,000 YoY Fin. health: Revenue ~$14.7M (FY2025) · Net margin 11.4% rank vs industry peers · Fliar Intelligence Index 78/100 | $15M FY2025 | $7M | +370% | — | 2022 | Cart FunctionalityWooCommerceWordPress+18 | — |
| 16 | Shakti Group Companies Diversified conglomerates operates across multiple industries 45Innovation top 20%Growth top 38%Product top 43%Talent bottom 45% All 9 signals ▾Innovationtop 20% Growthtop 38% Producttop 43% Talentbottom 45% Fin. healthbottom 40% Fundingbottom 39% Techbottom 36% Marketbottom 33% Globalbottom 25% Innovation: 5 product lines Growth: Revenue +21% YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 45/100 | $13M FY2025 | $409K | +21% | — | 2003 | WordPressMySQLPHP+19 | — |
| 17 | S.L.Banthia Textile Industry Manufacturer of coated fabrics for diverse applications and technical textiles | $12M FY2020 | $3M | — | 28 | 2006 | — | — |
| 18 | GrowiT Provider of plasticulture solutions for protected cultivation | $6M FY2025 | $457K | +35% | 91 91 → 92 (+1%) · sector median +19% | 2020 | WordPressMySQLPHP+27 | — |
| 19 | Biofics Organics Manufacturer of organic fertilizers and plant care products for gardens | $6M FY2025 | $1M | +280% | 17 | 2016 | Cart FunctionalityShopifyAnimate.css+24 | — |
| 20 | Biofics Manufacturer of biogas plants, organic waste converters, and composting machines 64Growth top 18%Fin. health top 23%Talent top 38%Moat top 43% All 8 signals ▾Growthtop 18% Fin. healthtop 23% Talenttop 38% Moattop 43% Techtop 50% Marketbottom 45% Fundingbottom 41% Globalbottom 37% Growth: Revenue +280% YoY · Fresh capital in last 24 mo Fin. health: Revenue ~$5.5M (FY2023) · Net margin 17.2% rank vs industry peers · Fliar Intelligence Index 64/100 | $6M FY2025 | $1M | +280% | 17 | 2016 | YouTubeBootstrapModernizr+16 | — |
| 21 | Alpino Health Foods Internet first brand of breakfast cereals and dairy free spreads | $5M FY2025 | $2M | +116% | 8 | 2016 | Cart FunctionalityShopifyChakra UI+29 | 1 launch |
| 22 | Solnce Energy Provider of end-to-end solar solutions and financing options | $5M FY2025 | $63K | +114% | — | 2021 | WebflowMicrosoft ClarityGoogle Analytics+16 | — |
| 23 | Inddus Platform offering Internet-first brand for ethnic apparel | $4M FY2025 | $987K | -2% | — | 2011 | Cart FunctionalityShopifyYouTube+19 | — |
| 24 | Zweler Manufacturer of jewelry products | $3M FY2025 | $182K | +1665% | — | 2021 | Node.jsNextAuth.jsUbuntu+19 | — |
| 25 | French Crown Internet first brand offering casual wear for men and women | $3M FY2025 | $1M | -61% | 95 | 2019 | Cart FunctionalityShopifycore-js+14 | — |
| 26 | Sudathi Internet first brand offering ethnic wear for women | $3M FY2025 | $115K | +693% | — | 2023 | ShopifyTailwind CSSSvelte+21 | — |
| 27 | Ivana Jewels Retailer of lab-grown diamond jewelry | $2M FY2025 | $292K | — | — | 2023 | Cart FunctionalityShopifyVimeo+18 | — |
| 28 | Zebra Learn Online platform providing finance related learning courses | $2M FY2025 | $137K | +46% | — | 2019 | Node.jsYouTubePlyr+23 | — |
| 29 | Argos Retailer of mechanical watches, straps, and related accessories | $1M FY2025 | $759K | +709% | — | 2022 | Cart FunctionalityShopifyChakra UI+26 | — |
| 30 | Canvaloop Online platform offering sustainable fabrics and materials from agricultural waste 50Growth top 20%Moat top 37%News top 39%Funding top 44% All 8 signals ▾Growthtop 20% Moattop 37% Newstop 39% Fundingtop 44% Fin. healthtop 44% Globalbottom 48% Techbottom 47% Marketbottom 31% Growth: Revenue +114% YoY · Fresh capital in last 24 mo Moat: Top 25% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 50/100 | $1M FY2025 | $574K | +114% | 7 | 2020 | Wix eCommerceWixSentry+13 | 1 job opening · 1 award |
| 31 | Evify Provider of electric vehicle fleet for business-to-business delivery services 45Talent top 23%Growth top 28%Moat top 33%Funding top 44% All 10 signals ▾Talenttop 23% Growthtop 28% Moattop 33% Fundingtop 44% Productbottom 45% Techbottom 44% Globalbottom 37% Marketbottom 35% Fin. healthbottom 33% Newsbottom 22% Talent: 5 named leaders on record · 5 C-suite/founder profiles curated Growth: Headcount 35 → 52 (+49%) across vintages · Revenue +74% YoY rank vs industry peers · Fliar Intelligence Index 45/100 | $946K FY2025 | $2M | +74% | 52 52 → 59 (+13%) · sector median +19% | 2021 | Node.jsUbuntuTailwind CSS+9 | — |
| 32 | BebeBurp Retailer of organic baby food, snacks, and related membership options | $627K FY2025 | $2M | — | 10 | 2018 | Cart FunctionalityShopifyMUI+33 | — |
| 33 | Vijya Fintech Provider of financial services for investment industry 37Growth top 23%News top 37%Talent top 38%Product top 49% All 10 signals ▾Growthtop 23% Newstop 37% Talenttop 38% Producttop 49% Moatbottom 47% Fundingbottom 42% Fin. healthbottom 42% Techbottom 39% Globalbottom 32% Marketbottom 31% Growth: Revenue +70% YoY · Fresh capital in last 24 mo News: 3 BI events in 12 mo (of 15 tracked, 1 types) · Top themes: Funding rank vs industry peers · Fliar Intelligence Index 37/100 | $617K FY2025 | $2M | +70% | 17 | 2022 | BootstrapNginxSlick+5 | 4 job openings · 1 launch |
| 34 | RoboFunLab Institution offering robotic education, skill development, and other academic services | $611K FY2025 | $1M | +37% | 27 | 2016 | Node.jsYouTubeVideoJS+13 | — |
| 35 | Zoivane Pets Retailer of pet grooming, training, and care products and accessories | $414K FY2025 | $706K | +29% | 20 | 2020 | Cart FunctionalityShopifyYouTube+32 | — |
| 36 | DhiWise Platform offering design to code converter solution 50Moat top 30%Tech top 32%Funding top 37%Growth top 38% All 9 signals ▾Moattop 30% Techtop 32% Fundingtop 37% Growthtop 38% Talenttop 38% Marketbottom 48% Globalbottom 37% Fin. healthbottom 29% Newsbottom 22% Moat: Top 19% by revenue among 102 tracked Application Development Tools companies · Editorial + unicorn rating 7/10 Tech: 39 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses rank vs industry peers · Fliar Intelligence Index 50/100 | $408K FY2025 | $10M | +1% | 67 | 2021 | Node.jsTailwind CSSReact+24 | — |
| 37 | Suvit AI and SaaS-based suite solution provider for finance and accounting 53Growth top 21%Tech top 38%AI top 45%Moat top 47% All 9 signals ▾Growthtop 21% Techtop 38% AItop 45% Moattop 47% Talentbottom 49% Fundingbottom 43% Fin. healthbottom 43% Marketbottom 36% Globalbottom 32% Growth: Revenue +168% YoY · Fresh capital in last 24 mo Tech: 34 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 53/100 | $401K FY2025 | $601K | +168% | 20 | 2021 | Apple iCloud MailGoogle WorkspaceNode.js+19 | — |
| 38 | Trezix Provider of a web-based end-to-end trade management software | $394K FY2025 | $2M | +216% | 37 37 → 80 (+116%) · sector median +19% | 2019 | WordPressMySQLPHP+32 | 1 launch |
| 39 | Video SDK SaaS-based platform providing video communication solutions | $394K FY2025 | $1M | +188% | 23 | 2019 | Node.jsZohoKoala+29 | 3 launchs |
| 40 | insideFPV Manufacturer of first-person view drones, drone labs, and drone pilot training 57Tech top 29%Innovation top 32%Growth top 32%Moat top 39% All 12 signals ▾Techtop 29% Innovationtop 32% Growthtop 32% Moattop 39% Fundingtop 46% Producttop 48% Talentbottom 49% Newsbottom 45% Marketbottom 41% Fin. healthbottom 41% Globalbottom 37% Partnersbottom 35% Tech: 43 technologies across 5/8 capability areas · Cloud: Cloudflare Innovation: 10 product lines · Deep-tech classification: Tech Hardware rank vs industry peers · Fliar Intelligence Index 57/100 | $314K FY2025 | $880K | +81% | 45 | 2020 | Cart FunctionalityShopifyYouTube+21 | 1 job opening · 1 award |
| 41 | Warriorworld Online retailer of men's apparel including t-shirts, polos, socks | $211K FY2025 | $83K | -63% | — | 2023 | ShopifyAmazon Web ServicesSvelte+22 | — |
| 42 | Ace Tours- Ace1World Grower and wholesaler of summer flowers and landscaping services | $184K FY2016 | $6M | -32% | — | 1996 | — | — |
| 43 | Zero Cow Factory Provider of microbe-based milk products and alternatives | $163K FY2025 | $4M | -18% | 16 16 → 19 (+19%) · sector median +19% | 2020 | WordPressMySQLPHP+17 | — |
| 44 | Vicharak Provider of CPU limitations and redefine hardware adaptability | $23K FY2023 | $120K | — | — | 2021 | Cart FunctionalityWooCommerceWordPress+27 | 4 launchs |
| 45 | Xsquads Developer of mobile games 24Growth top 32%Innovation top 47%Talent bottom 49%Funding bottom 46% All 10 signals ▾Growthtop 32% Innovationtop 47% Talentbottom 49% Fundingbottom 46% Productbottom 41% Techbottom 35% Moatbottom 34% Fin. healthbottom 32% Globalbottom 30% Marketbottom 18% Growth: Revenue +43% YoY · Fresh capital in last 24 mo Innovation: 1 product line rank vs industry peers · Fliar Intelligence Index 24/100 | $4K FY2025 | $2M | +43% | — | 2016 | WordPressMySQLPHP+18 | 1 launch |
| 46 | Rocket No-code AI platform generating full-stack web and mobile apps 78AI top 20%Talent top 28%Funding top 35%Tech top 35% All 6 signals ▾AItop 20% Talenttop 28% Fundingtop 35% Techtop 35% Markettop 47% Globalbottom 45% AI: Classified as an AI company Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 78/100 | — | $15M | — | — | 2021 | TurbopackSentryNode.js+27 | 1 launch |
| 47 | Goldi Solar Manufacturer of solar photovoltaic modules and provider of engineering, procurement, & construction services 69Fin. health top 28%News top 31%Moat top 31%Growth top 34% All 9 signals ▾Fin. healthtop 28% Newstop 31% Moattop 31% Growthtop 34% Markettop 36% Talenttop 38% Techtop 40% Fundingbottom 42% Globalbottom 37% Fin. health: Revenue ~$189M (FY2023) · Net margin 4.0% News: 12 BI events in 12 mo (of 60 tracked, 7 types) · +71% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | — | $2M | — | 783 | 2011 | WordPressMySQLPHP+33 | — |
| 48 | OTPless Provider of authentication platform offering passwordless and OTP-less login solutions 57Talent top 35%Tech top 38%Growth top 41%Funding top 50% All 7 signals ▾Talenttop 35% Techtop 38% Growthtop 41% Fundingtop 50% Marketbottom 44% Globalbottom 36% Newsbottom 27% Talent: 4 named leaders on record Tech: 38 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 57/100 | — | $7M | — | 44 | 2023 | WordPressMySQLPHP+20 | — |
| 49 | EveoAI Provider of an AI-based virtual clothing visualization solution | — | $28K | — | — | 2023 | FirebaseGSAPCloudflare+5 | 1 job opening |
| 50 | BL Fabric Internet first brand of ethnic wear | — | $116K | — | — | 2021 | Cart FunctionalityShopifySentry+19 | — |
Top 12 companies in Surat
#1
Seed · Surat, Gujarat · founded 2021$15Mraised▾
Seed · Surat, Gujarat · founded 2021
No-code AI platform generating full-stack web and mobile apps. Transforms single natural language prompts into complete production-ready applications including frontend, backend, databases, authentication, APIs, and deployments. Performs market research, feature planning, UI/UX design, SEO-optimized copy, and code generation in user-selected frameworks. Supports instant deployment to hosting platforms, repository synchronization, custom domains, and mobile app installation. Provides pre-curated templates to accelerate development and reduce costs.
Fliar Intelligence Index™ 78how this company ranks against its industry peers
AI
top 20%Talent
top 28%Funding
top 35%Tech
top 35%Market
top 47%Global
bottom 45%AI: Classified as an AI company
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $15.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Sep 2025)
Audience (LinkedIn): 23k LinkedIn followers — 3.4% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Sep 2025Seed$15M
Founders & team
Investors
Salesforce Ventures, Accel, Together, Activate
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesCloudflareCloudflare Bot ManagementCookiebot
#2
Series B · Surat, Gujarat · founded 2021 · 67 employees$9.7Mraised▾
Series B · Surat, Gujarat · founded 2021 · 67 employees
Platform offering design to code converter solution. It is a programming automation platform. It can be used by developers to translate their designs into code. The platform automates the development lifecycle by generating reusable codes. Its features include component identification, real-time preview, flutter support, etc.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Moat
top 30%Tech
top 32%Funding
top 37%Growth
top 38%Talent
top 38%Market
bottom 48%Moat: Top 19% by revenue among 102 tracked Application Development Tools companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Tech: 39 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses · Observability: Microsoft Clarity, Sentry
Funding: Raised $9.7M across 6 rounds · 6 rounds over 4 yrs (1.5/yr) · Last round Series B (Sep 2025)
Funding rounds
- Sep 2025Series B$15.2M
- Mar 2024Series A$66K
- Nov 2022Series A$250K
- Aug 2022Series A$7M
Founders & team
Investors
Accel, Together, India Quotient, Dholakia Ventures, Angel List, Accel Atoms
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesCdnjsCloudflareCloudflare Bot Management
#3
Series C · Surat, Gujarat · founded 2017 · 287 employees$35.3Mraised▾
Series C · Surat, Gujarat · founded 2017 · 287 employees
Online retailer of clothing, apparel, and innerwear items for men. The company provides a variety of top-wear, bottom-wear, inner-wear, and outerwear. Top-wear includes T-shirts, hoodies, jackets, and sweatshirts. Bottomwear consists of shorts, pyjamas, pants, and joggers. Innerwear offerings are underwear, vests, and thermals. Outerwear selections include jackets suitable for various weather conditions.
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Funding
top 25%Moat
top 25%Market
top 29%Growth
top 36%Tech
top 38%Talent
top 38%Funding: Raised $35.3M across 10 rounds · 10 rounds over 7 yrs (1.4/yr) · Last round Series C (Feb 2025)
Moat: Top 13% by revenue among 643 tracked Apparel Brands companies · Editorial + unicorn rating 8/10 · Soonicorn
Market: 287 employees (top 12% of Fashion Tech) · Revenue ~$22.7M · Top 13% by revenue among 643 tracked Apparel Brands peers
Audience (LinkedIn): 24k LinkedIn followers — 3.6% of this cohort's audience · 142 engagements/post (2.5× cohort median)
Funding rounds
- Feb 2025Series C$3.5M
- May 2023Series C$13.4M
- Aug 2022Venture Debt$1.9M
- Aug 2022Series B$9.4M
Founders & team
Investors
DSG Consumer Partners, Synergy Capital Partners, Sauce, Anicut Capital, Trifecta Capital, Veena Merchants and Advisors
Tech stack
AosCart FunctionalityCdnjsCloudflareCore-JsFacebook Pixel
#4
Seed · Surat, Gujarat · founded 2021 · 52 employees$2.2Mraised▾
Seed · Surat, Gujarat · founded 2021 · 52 employees
Provider of electric vehicle fleet for business-to-business delivery services. The company focuses on acquiring and maintaining electric vehicles. These vehicles are delegated to clients based on their delivery needs. A technology platform governs the process to ensure deliveries are completed in a timely manner.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Talent
top 23%Growth
top 28%Moat
top 33%Funding
top 44%Product
bottom 45%Tech
bottom 44%Talent: 5 named leaders on record · 5 C-suite/founder profiles curated
Growth: Headcount 35 → 52 (+49%) across vintages · Revenue +74% YoY · Web rank 10,000,000 → 50,000,000 YoY
Moat: Top 25% by revenue among 334 tracked E-Commerce Enablers companies · Editorial + unicorn rating 5/10
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
- Jan 2026Seed$54.7K
- Mar 2025Seed$930.3K
- Jan 2024Seed$1.3M
- Mar 2023Seed$200K
Founders & team
Investors
We Founder Circle, GSV, Speed And Scale Incubators, Alpha Plastomers, NJ Finbuzz, Alpha
Tech stack
Apache Http ServerGodaddyGoogle Font ApiGoogle WorkspaceNext.JsNginx
#5
Seed · Surat, Gujarat · founded 2016 · 17 employees$1.2Mraised▾
Seed · Surat, Gujarat · founded 2016 · 17 employees
Manufacturer of organic fertilizers and plant care products for gardens. The product line includes granular and liquid fertilizers, bio-pesticides, and growth boosters designed to support plant development. These items are formulated to provide essential nutrients for various types of vegetation. The business supplies these agricultural inputs to support soil health and plant maintenance.
Funding rounds
- Feb 2026Seed$43.8K
- Jun 2024Seed$1.2M
Founders & team
Investors
GJNX Ventures, 1955 Venture Fund, Ninedot Ventures, Shaguncapital, Sun Associates, Rs Financial Solutions
Tech stack
Animate.CssCart FunctionalityCdnjsCloudflareCloudflare Bot ManagementCore-Js
#6
Seed · Surat, Gujarat · founded 2012 · 279 employees$4.8Mraised▾
Seed · Surat, Gujarat · founded 2012 · 279 employees
Manufacturer of recycled polyester staple fiber and food grade resins. Operations involve processing post-consumer plastic waste into materials for textile production and packaging applications. Mechanical and chemical recycling methods remove contaminants to produce flakes and granules. These outputs serve as raw materials for manufacturing apparel, automotive components, home furnishings, and beverage containers. The production process includes washing, crushing, and decontamination to ensure material consistency for industrial use.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Fin. health
top 29%Market
top 30%Moat
top 30%Tech
top 33%Talent
top 38%Funding
top 50%Fin. health: Revenue ~$84.9M (FY2024) · Net margin 4.0%
Market: 279 employees (top 17% of Sustainability Tech) · Revenue ~$84.9M · ~6% of tracked Solid Waste Management Tech revenue (174 cos, FY2025)
Moat: Top 3% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 8k LinkedIn followers
Funding rounds
- Sep 2025Seed$2.7M
- Mar 2025Angel$2.1M
Founders & team
Investors
Carnelian, Big Leap Innovations, MCH Group, Shubhalakshmi Polyesters, Nandico
Tech stack
Google AnalyticsGoogle Tag ManagerHostingerHttp/3Microsoft 365Next.Js
#7
Series A · Surat, Gujarat · founded 2020 · 7 employees$573.8Kraised▾
Series A · Surat, Gujarat · founded 2020 · 7 employees
Online platform offering sustainable fabrics and materials from agricultural waste. The platform provides users with a sustainable fabrics manufacturer that uses agricultural waste to create fibers and yarns for the textile industry.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 20%Moat
top 37%News
top 39%Funding
top 44%Fin. health
top 44%Global
bottom 48%Growth: Revenue +114% YoY · Fresh capital in last 24 mo
Moat: Top 25% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 4/10 · 9 curated direct competitors tracked
News: 3 BI events in 12 mo (of 7 tracked, 2 types) · +200% YoY · Top themes: Funding
Audience (LinkedIn): 4k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: R&D Lead – Natural & Regenerated Fibres, Marketing Lead – Digital
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Mar 2026Series A$1.4M
- Sep 2024Grant (prize money)$23.9K
- Apr 2024Angel$239.7K
- Aug 2023Seed$132.9K
Investors
Theia Ventures, Social Alpha, H&M Foundation, Gujarat Venture Finance, Rockstud Capital, MassChallenge
Tech stack
BootstrapGoogle CloudGoogle Cloud CdnGoogle WorkspaceGsapHsts
#8
Seed · Surat, Gujarat · founded 2020 · 45 employees$879.9Kraised▾
Seed · Surat, Gujarat · founded 2020 · 45 employees
Manufacturer of first-person view drones, drone labs, and drone pilot training. The company provides drones for agriculture and defense applications. It offers drone lab setups designed for research, training, and UAV development. Pilot training programs are available to create drone pilots.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Tech
top 29%Innovation
top 32%Growth
top 32%Moat
top 39%Funding
top 46%Product
top 48%Tech: 43 technologies across 5/8 capability areas · Cloud: Cloudflare · Observability: Microsoft Clarity
Innovation: 10 product lines · Deep-tech classification: Tech Hardware
Growth: Revenue +81% YoY · Web rank 1,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 10k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public)
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Jan 2026Seed$660.5K
- Nov 2024Seed$356.3K
- Sep 2023Seed$421.1K
- Jul 2023Seed—
Founders & team
Investors
VIT-TBI, Inflection Point Ventures, Firstport Capital, Shakun Advisors, Shakun Medicare, Mumbai Angels
Tech stack
AutoptimizeCart FunctionalityCloudflareCloudflare Bot ManagementCore-JsElementor
#9
Series A · Surat, Gujarat · founded 2017 · 203 employees$16.2Mraised▾
Series A · Surat, Gujarat · founded 2017 · 203 employees
Manufacturer of photovoltaic solar modules. It's an internationally renowned leading solar energy cost-effective befitting solutions provider having core competency in high-efficiency PV module manufacturing and providing wide range of EPC solutions.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Fin. health
top 22%Moat
top 34%Market
top 35%Growth
top 39%Product
top 47%Funding
top 49%Fin. health: Revenue ~$335M (FY2024) · Net margin 11.7% · Revenue +122% YoY
Moat: Top 1% by revenue among 1951 tracked Solar Energy companies · Editorial + unicorn rating 1/10 · 10 curated direct competitors tracked
Market: 203 employees (top 29% of Energy) · Revenue ~$335M · Top 1% by revenue among 1951 tracked Solar Energy peers
Audience (LinkedIn): 102k LinkedIn followers — 15.2% of this cohort's audience · 92 engagements/post (1.6× cohort median)
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Mar 2025Series A$16.2M
Founders & team
Investors
Vibrant Gujarat Industrial Directory
Tech stack
AosApache Http ServerBootstrapCdnjsCloudflareCore-Js
#10
Seed · Surat, Gujarat · founded 2022 · 17 employees$1.9Mraised▾
Seed · Surat, Gujarat · founded 2022 · 17 employees
Provider of financial services for investment industry
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Growth
top 23%News
top 37%Talent
top 38%Product
top 49%Moat
bottom 47%Funding
bottom 42%Growth: Revenue +70% YoY · Fresh capital in last 24 mo
News: 3 BI events in 12 mo (of 15 tracked, 1 types) · Top themes: Funding
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 3k LinkedIn followers
Hiring (LinkedIn): 4 hiring posts in 12 mo (public) · momentum +4 · hiring: Telecaller, Business Development Manager
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Oct 2025Seed$1.4M
- Mar 2024Angel$844.4K
- Oct 2022Angel$1M
- Jul 2022Angel$63.4K
Founders & team
Investors
Lemon Emerging Ventures, Veloce Fintech, Lemon Technologies, BP Wealth, Narola, Sagar Investments
Tech stack
Apache Http ServerBootstrapBootstrap IconsContact Form 7ElementorGodaddy
#11
Seed · Surat, Gujarat · founded 2022$7.2Mraised▾
Seed · Surat, Gujarat · founded 2022
Provider of turnkey solutions for wind and solar projects. They focus on sustainable energy generation and reducing waste by converting municipal solid waste into valuable resources.
Fliar Intelligence Index™ 78how this company ranks against its industry peers
Growth
top 17%Fin. health
top 25%Moat
top 27%Tech
top 35%Talent
top 38%Market
top 43%Growth: Revenue +370% YoY · Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$14.7M (FY2025) · Net margin 11.4% · Revenue +370% YoY
Moat: Top 14% by revenue among 1951 tracked Solar Energy companies · 10 curated direct competitors tracked
Audience (LinkedIn): 4k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Senior Engineer
Funding rounds
- Mar 2025Seed$7M
- Sep 2024Angel$167.4K
Founders & team
Investors
Craft Emerging Market Fund Citadel Capital Fund, Al Maha Investment Fund, Century India Opportunity Fund, Eminence Global Fund Eubilia Capital Partner Fund I, Ferratum Global, North Star Investment Management
Tech stack
CloudflareCloudflare Browser InsightsHstsHttp/3LeafletLivefyre
#12
Seed · Surat, Gujarat · founded 2016$1.8Mraised▾
Seed · Surat, Gujarat · founded 2016
Xsquads develops games for IOS, Android and Windows mobile phones. Uses Unity 3D framework for developing. Genres include action, arcade, puzzle and role playing. The portfolio includes Musical chair game multiplayer, Super flat hero, Maze militia (Lan multiplayer), box breaker and maze mania.
Fliar Intelligence Index™ 24how this company ranks against its industry peers
Growth
top 32%Innovation
top 47%Talent
bottom 49%Funding
bottom 46%Product
bottom 41%Tech
bottom 35%Growth: Revenue +43% YoY · Fresh capital in last 24 mo
Innovation: 1 product line
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 10k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Game Marketing Graphic Designer
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
- Aug 2025Seed$956.4K
- Nov 2024Seed$496.8K
- Mar 2024Angel$169K
- Aug 2023Angel$150.8K
Founders & team
Investors
Mleague
Tech stack
Core-JsElementorGoogle Font ApiGoogle WorkspaceHello ElementorHostinger
Funding & investor landscape
$344.5Mtotal disclosed funding
74companies funded
152disclosed rounds
0rounds last 90 days
Most active investors
Gujarat Venture Finance7 rounds
Illuminati Clan6 rounds
Speed And Scale Incubators5 rounds
Notable founders
Rahul Shingala
Co-Founder & CTO · Rocket
Deepak Dhanak
Co-Founder & COO · Rocket
Vishal Virani
Co-Founder & CEO · DhiWise
Yogesh Kabra
Co-Founder · XYXX
Siddhartha Gondal
Co-Founder & CSO · XYXX
Vineet kumar Mittal
Co-Founder & Director of Finance · Evify
Devrishi Arora
Co-Founder & CEO · Evify
Vikas Mishra
Co-Founder · Biofics Organics
Sunil Mahapatra
Co-Founder & CEO · Biofics Organics
Ayodhyaprasad Singhal
Co-Founder & Director · JB Ecotex
Jitendrakumar Arya
Co-Founder · JB Ecotex
Arth Chowdhary
Founder / Ceo · insideFPV
Common questions
How many startups are there in Surat?
Radar tracks 1490 indexable startups and companies headquartered in Surat, India, across all sectors that meet our profile-completeness bar.
What is the total funding raised by startups in Surat?
The startups in Surat on this list have raised a combined $344.5M in disclosed equity funding across 74 funded companies.
Which is the highest-funded startup in Surat?
SMT is the highest-funded company in Surat, with $93.5M in disclosed equity funding.
How many startups in Surat are funded?
74 of the 1490 startups in Surat on this list have disclosed at least one equity funding round.
How many unicorns are there in Surat?
None of the startups in Surat on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Surat startups?
The most active investors in Surat startups on this list include Gujarat Venture Finance, IVY Growth Associates, GSV, Illuminati Clan, BIRAC.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.