Company lists
The Thane edition · 2026

Startupcompanies in Thane

IT & software, marketing, consumer brands, healthcare, education & HR and more: the companies building startup in Thane, Maharashtra, with their founders, funding, team size and business models.

1,369 company profiles354 with reported revenue54 with recorded fundingSeptember 2026 edition
Thane · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent startup business events in Thane

Funding, M&A, contract wins and launches involving 2,829 startups in Thane, last 24 months: 37 Contracts · 17 funding rounds · 12 M&A deals · 4 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingPre-Series C

Zouk

Zouk is preparing for its next phase of growth with a fresh ₹60 crore pre-Series C funding round, reinforcing investor confidence in one of India's fastest-growing D2C fashion and…

D2C fashion and lifestyle
M&AMerger · Completed

Mascot dynamics acquires Amrut Energy Private Limited

Amrut Energy Private Limited, a leading manufacturer of solar-powered water pumping systems, today announced its merger into Mascot Dynamics Private Limited, a diversified engineering…

Solar-powered water pumping systems
M&AMerger · Announced

Tjsb sahakari bank acquires The Bhavani Sahakari Bank Ltd.

the Reserve Bank of India has approved the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank.

Cooperative banking
FundingRight issue

5paisa capital

Digital Investment Platform 5Paisa Capital has successfully completed its right issue of Rs 468.8 crore. The company’s right issue got a total of 1.24 times subscription. According to…

Fintech
ContractInfrastructure

JNK India · client: JNK Global Co., Ltd.

Wins Major Contract JNK India confirmed it has secured a “major” category order from its promoter entity, JNK Global, for a refinery project in India.

Energy
ContractTechnology

Network People Services Technologies · client: Large cooperative bank

Network People Services Technologies Limited (NPST) has secured a mandate from a large cooperative bank to deploy its UPI switching infrastructure.

Payments
ContractTechnology

Network People Services Technologies · client: Na

Mumbai : Network People Services Technologies Limited (NPST), India’s leading digital banking and payments technology company, today announced that it has secured a strategic mandate…

FundingGrowth Round

Mosaic wellness

Mosaic Wellness raised ₹200 crore in fresh funding from asset management firm 360 ONE

Investors 360 one
Consumer Health / Digital Health
LaunchCross-border e-commerce platform

Kale logistics solutions

Kale Logistics Solutions has launched a new cross-border e-commerce platform aimed at streamlining international online trade and enhancing end-to-end shipment visibility.

Cross-border e-commerce logistics platform
ContractInfrastructure

NBCC (India) · client: Supertech

Earlier this month, another boost came for NBCC as the Supreme Court upheld the NCLAT order appointing NBCC to complete the 16 stalled housing projects of real estate developer Supertech.

Residential Housing
ContractTechnology

Elcogen · client: JNK India

European electrolyser firm Elcogen announced today it will collaborate with heating equipment supplier JNK India on solid oxide technology opportunities.

Solid oxide technology
M&AAcquisition · Completed

Marico acquires Plix

Marico took a majority stake in Plix for Rs 369 crore in 2023

M&AAcquisition · Announced

Jupiter hospital acquires SevenHills Healthcare

Jupiter Hospital are vying to acquire SevenHills Healthcare.

Healthcare
M&AAcquisition · Announced

Sesa acquires Base digitale group

The transaction provides for a total consideration of Euro 5,530 million, to be settled through a share swap involving SESA shares, for a total of 60,438 shares, valued at Euro 91.5 per…

Digital platforms for financial services industry
Funding

Edgistify

Edgistify, one of India’s most trusted warehousing and fulfilment partners, has raised $1.4 million in its latest funding round led by Dubai-based VC fund NB Ventures and global supply…

Investors Nb ventures, Rajesh Ranavat, Prateek Maheshwari, Vivek Gaur
Warehousing and Fulfilment
ContractSupply

Oriental Rail Infrastructure · client: Eastern Railway

Oriental Rail Infrastructure: The company wins a Rs 3.7 crore order from Eastern Railway to supply 4,172 knuckles for freight stock wagons.

Railway infrastructure
LaunchIQ Energy AI

Ducon infratechnologies

Ducon Infratechnologies Ltd, a leading technology company, (NS: DUCON) today announced the launch of its cutting‑edge artificial intelligence platform, IQ Energy AI, (www.iqenergy.ai)…

Energy Optimization AI Platform
ContractService

Adgcraft · client: Edgistify

Adgcraft, one of India’s most trusted PR agencies, has secured the PR mandate for Edgistify, the country’s leading warehousing and fulfillment network.

Marketing
ContractService

JNK India · client: JNK Global Co., Ltd.

Heating equipment maker JNK India Limited on Monday said it has received an ultra-mega order from JNK Global Co., Ltd., Korea, for providing support services and supplies for the cracker…

Refinery equipment and furnace solutions
ContractSupply

Oriental Rail Infrastructure · client: Modern Coach Factory

Oriental Rail Infrastructure secured a Rs. 4.43 crore order from Indian Railways’ Modern Coach Factory to supply 72 sets of seats and berths by June 2026.

Funding

Infra.market

Construction materials marketplace Infra.Market raised around $83 million from promoters and existing shareholders, valuing the company at around $2.8 billion.

Investors Silverline
Construction
M&AAcquisition · Announced

Fermenta Environment Solutions Private Limited acquires Fermenta biotech

today announced that its Board of Directors has approved the sale of its environmental solutions business operations to a wholly owned subsidiary, Fermenta Environment Solutions Private…

Pharmaceutical Ingredients
FundingPrivate placement of NCDs

Neogen chemicals

Neogen Chemicals Limited, a leading Indian producer of bromine- and lithium-based specialty chemicals, has raised ₹200 crore through a private placement of non-convertible debentures (NCDs).

Specialty chemicals
ContractSupply

Danieli · client: Mukand Sumi Special Steel

Mukand Sumi Special Steel Ltd. (MSSSL) is pleased to announce a significant milestone in its growth journey with the placement of an order for a state-of-the-art New Blooming Mill with…

Specialty steel
ContractSupply

Kilburn engineering · client: Na

According to the latest regulatory filings on the stock exchanges, Kilburn Engineering Limited has received an order valued at around Rs. 30.8 crores for the design, engineering,…

Fertilisers
ContractSupply

Tpi india · client: Indian oil

The shares of TPI India Ltd have seen positive movement after securing a prestigious Rs 13.77 crore order from Indian Oil Corporation Ltd for manufacturing and supplying FIBC bags.

M&AAcquisition · Completed

Infra.market acquires Emcer Tiles

This new development occurs nearly a year after Infra.Market obtained a 57% ownership interest in Emcer Tiles.

Ceramic tile manufacturing
FundingPublic Offering

Supertech

Supertech EV Limited– One of the pioneering forces in the Indian electric vehicle (EV) market with a focus on Electric two wheelers (E2W) and Electric three wheelers (E3W) is planning to…

Investors Corporate Makers Capital Ltd
Electric Vehicle
Funding

Simply Nam

Shardul Amarchand Mangaldas & Co. acted as the legal counsel for Ms. Namrata Soni, the co-founder and promoter of Simply Nam Beauty Private Limited in connection with a strategic…

Investors Bhaane Group, Anand S Ahuja, Sonam Kapoor Ahuja
Beauty, wellness, and fashion retail

Startup companies in Thane, by revenue

Browse startups in Thane 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 354 startups in Thane, Maharashtra 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

Provider of diverse building and construction materials for project lifecycles

Construction tech
₹18,555.78 crFY 2024-25
+26%2024–2025
1,945+132% vs previous recordLinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted May 2026

Provider of pipeline infrastructure services to oil and gas industries

Oilfield services
₹3,735.20 crFY 2024-25
+13%2024–2025
350LinkedIn · Jul 2026
7 yr2019
0none in 3 months

A technology-driven business services provider in healthcare

Life sciences tech
₹1,580.64 crFY 2024-25
+39%2024–2025
468LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of digital health coaching platforms for men, women, and parents

Healthcare booking platforms
₹748.89 crFY 2024-25
+119%2024–2025
583+19% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
2postings · last posted Sep 2026

R&D company focused on manufacturing drugs for multiple therapeutics areas

Diversified pharmaceuticals
₹619.33 crFY 2024-25
+23%2024–2025
750recorded
15 yr2011
0none in 3 months

Internet first brand of vegan skincare, haircare, body care, and fragrance products

Beauty tech
₹418.60 crFY 2024-25
+22%2024–2025
334-5% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Online discovery platform offering beauty & personal care products

Beauty & personal care products
₹322.35 crFY 2022-23
Not reported
334-5% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Internet first brand offering kids and baby products

Mom & baby care
₹264.96 crFY 2024-25
+20%2024–2025
494+11% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of aluminum extrusion profiles

Manufacturing services
₹236.87 crFY 2024-25
+27%2024–2025
—Not available
12 yr2014
0none in 3 months

Industrial marketing organization dealing in rotating and allied equipment

Industrial automation equipment
₹165.78 crFY 2023-24
+39%2023–2024
138LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of engineering services to the petroleum, petrochemical, and heavy industry

Manufacturing services
₹161.73 crFY 2024-25
+27%2024–2025
—Not available
15 yr2011
0none in 3 months

Provider of doctor consultations, lab tests, health plans, and home care

Healthcare booking platforms
₹144.87 crFY 2024-25
+1%2024–2025
71-3% 12 mo to Aug 2024recorded Aug 2024
5 yr2021
0none in 3 months

Provider of tailored IT solutions and services with a focus on cybersecurity

It services
₹142.97 crFY 2024-25
+101%2024–2025
475+117% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Company offering ready-mix concrete solutions

Building materials
₹122.26 crFY 2021-22
Not reported
82+78% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Mar 2026

Provider of 3D printing solutions

3d printing
₹115.25 crFY 2021-22
Not reported
13LinkedIn · Jul 2026
6 yr2020
1postings · last posted Jul 2026

Online platform offering handcrafted bags and accessories

Fashion tech
₹126.90 crFY 2024-25
+62%2024–2025
368+57% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
1postings · last posted Jul 2026

Company that manufactures and supplies electrical equipment, including transformers, for various industries

Manufacturing services
₹126.20 crFY 2024-25
+67%2024–2025
—Not available
6 yr2020
0none in 3 months

Contract manufacturer of fragrances and aroma chemicals

Contract manufacturers
₹113.93 crFY 2024-25
+45%2024–2025
92+11% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Fintech firm providing modular payment platforms and IT services

Payments
₹109.81 crFY 2024-25
+245%2024–2025
81+42% 12 mo to Feb 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacturer of agricultural equipment including sprayers, cutters, tillers, threshers, and harvesters

Crop equipment
₹96.98 crFY 2024-25
+16%2024–2025
16LinkedIn · Jul 2026
7 yr2019
3postings · last posted Aug 2026

Developer of an online factoring and reverse-factoring platform

Alternative lending
₹91.61 crFY 2024-25
+63%2024–2025
204+34% 12 mo to Jul 2024LinkedIn · Jul 2026
10 yr2016
5postings · last posted Sep 2026

Cloud-based solutions provider

It services
₹86.07 crFY 2024-25
+55%2024–2025
423+10% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
7postings · last posted Sep 2026

Online platform offering reusable cloth diapers and baby essentials

Online mom & baby care
₹84.32 crFY 2024-25
+54%2024–2025
116+3% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Online platform offering premium office commute services via app-operated buses

Road transport tech
₹83.36 crFY 2024-25
Not reported
145-1% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
3postings · last posted Sep 2026

Building materials company specializing in innovative surfaces for ceilings, walls, and facade systems

Building materials
₹80.92 crFY 2024-25
+26%2024–2025
131LinkedIn · Jul 2026
6 yr2020
1postings · last posted Jul 2026
50 of 1,369 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,369 startups in Thane on Radar

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

Open startup in Thane on Radar
  • Every company, not just 50All 1,369 startups in Thane, 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 Thane by what you are looking for

Browse startups in Thane, from IT services and marketing agencies to edtech, healthtech and fashion brands. Find the top startups in Thane, tech startups and newly founded startups near Mumbai in one place.

8 ways to explore startup in Thane

IT services & software startupsMarketing & advertising startupsFashion, beauty & consumer brand startupsHealthcare & pharma startupsEducation, HR & recruitment startupsFinance & fintech startups

IT services & software startups

Software development, IT services and digital transformation startups.

  1. Goapptiv

    A technology-driven business services provider in healthcare

    Life sciences tech
    See in list
  2. ProTechmanize

    Provider of tailored IT solutions and services with a focus on cybersecurity

    It services
    See in list
  3. Applied Cloud Computing

    Cloud-based solutions provider

    It services
    See in list
  4. Imperative Business Ventures

    An IT and outsourcing company offering digital transformation solutions to enterprises

    Management consulting services
    See in list
  5. Sankey

    Provider of a custom software and digital transformation solutions

    It services
    Website

Marketing & advertising startups

Digital marketing, branding and advertising agencies.

  1. Crezvatic

    Provider of digital marketing, SEO, and website design services

    Marketing services
    Website
  2. Vizcom

    Provider of advertising and animation services

    Marketing services
    Website
  3. Tibe Allianz

    Provider of SMM, branding, and advertising services

    Marketing services
    Website
  4. TechMonk

    Provider of branding and digital marketing services

    E-commerce enablers
    Website
  5. R.S.Enterprises

    R&S Enterprises offers Strategic Marketing Services like digital marketing, Web services, exports, email marketing and more to partner with you in your business development activities .

    Marketing services
    Website

Fashion, beauty & consumer brand startups

Online fashion, beauty and personal care brands.

  1. Plum

    Internet first brand of vegan skincare, haircare, body care, and fragrance products

    Beauty tech
    See in list
  2. Pureplay Skin Sciences

    Online discovery platform offering beauty & personal care products

    Beauty & personal care products
    See in list
  3. Zouk

    Online platform offering handcrafted bags and accessories

    Fashion tech
    See in list
  4. SuperBottoms

    Online platform offering reusable cloth diapers and baby essentials

    Online mom & baby care
    See in list
  5. Mancode

    Internet first brand offering natural mens grooming products

    Beauty tech
    Website

Healthcare & pharma startups

Clinics, healthcare platforms and pharma outsourcing startups.

  1. Mosaic Wellness

    Provider of digital health coaching platforms for men, women, and parents

    Healthcare booking platforms
    See in list
  2. LivLong

    Provider of doctor consultations, lab tests, health plans, and home care

    Healthcare booking platforms
    See in list
  3. Watch Your Health

    Provider of a platform delivering health engagement and digital healthcare solutions

    Healthcare it
    Website
  4. CallMediLife

    Provider of an online doctor consultation platform

    Healthcare booking platforms
    Website
  5. Croient Pharma

    Pharmaceutical company that manufactures and exports a wide range of formulations, including antacids, antihelmintics, and endocrine metabolic agents

    Biopharma outsourcing
    Website

Education, HR & recruitment startups

Edtech, learning, HR tech and recruitment startups.

  1. Singhania Education

    Provider of educational technology solutions for K-10 schools

    K-12 edtech
    See in list
  2. Allern Enterprises

    Developer of educational tools for phygital learning

    K-12 edtech
    Website
  3. GENXHIRE

    Provider of recruitment, background verification, resume writing and payroll management services

    Hr services
    Website
  4. TeamQuest

    Provider of recruitment services

    Hr services
    Website
  5. Home Revise

    It offers digital animated educational content for students

    K-12 edtech
    Website

Finance & fintech startups

Investment, payments, lending and financial services startups.

  1. Toshani Digital

    Payment solutions provider offering a range of digital and cash payment options

    Payments
    See in list
  2. Ayan Analytics

    Provider of investment management and financial services

    Asset management
    Website
  3. Lexio

    Provider of diversified payment solutions for businesses

    Payments
    Website
  4. Payment Gateway of India

    Agent-based service aggregator

    Travel agencies
    Website
  5. Assetment

    App-based platform for portfolio investment and management

    Investment tech
    Website

New startups in Thane

Companies founded in recent years in Thane.

  1. Butterfly Learnings

    Provider of therapy and inclusive schooling for children with developmental needs

    Rehabilitation and long-term care
    Website
  2. WickedGud

    Online retailer of multigrain pasta and noodles with various flavors

    Online grocery
    Website
  3. Snowbox Logistics

    Team Space

    Hr services
    Website
  4. Peters Worldwide

    Provider of international freight forwarding services

    Freight forwarders
    Website
  5. Vergo

    Internet first brand of ergonomic chairs

    Online home improvements
    Website
445 companies in Thane

Startups hiring in Thane

Thane startups with open jobs right now.

  1. Infra.Market

    Provider of diverse building and construction materials for project lifecycles

    Construction tech
    See in list
  2. Mosaic Wellness

    Provider of digital health coaching platforms for men, women, and parents

    Healthcare booking platforms
    See in list
  3. TNA ReadyMix Concrete

    Company offering ready-mix concrete solutions

    Building materials
    See in list
  4. Matrix Moon

    Provider of 3D printing solutions

    3d printing
    See in list
  5. Zouk

    Online platform offering handcrafted bags and accessories

    Fashion tech
    See in list
38 companies in Thane
Mobile reach

Top 10 startup apps from Thane

The most-installed Android apps published by startups headquartered in Thane — 28.4M installs between them. 123 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Hopscotch - Kids Fashion Brand

by Hopscotch

Installs15.3M
Rating3.6691K ratings
Installs, year on year+20%
Last updatedMay 2026
View on Google Play ↗
Hopscotch - Kids Fashion Brand screenshot 1Hopscotch - Kids Fashion Brand screenshot 2Hopscotch - Kids Fashion Brand screenshot 3Hopscotch - Kids Fashion Brand screenshot 4Hopscotch - Kids Fashion Brand screenshot 5Hopscotch - Kids Fashion Brand screenshot 6
3

Plum Goodness

by Plum

Installs1.7M
Rating—
Last updatedMay 2026
View on Google Play ↗
Plum Goodness screenshot 1Plum Goodness screenshot 2Plum Goodness screenshot 3Plum Goodness screenshot 4
5

TimePay: UPI, Bills & Rewards

by TimePay

Installs1.6M
Rating—
Last updatedMay 2026
View on Google Play ↗
TimePay: UPI, Bills & Rewards screenshot 1TimePay: UPI, Bills & Rewards screenshot 2TimePay: UPI, Bills & Rewards screenshot 3TimePay: UPI, Bills & Rewards screenshot 4TimePay: UPI, Bills & Rewards screenshot 5TimePay: UPI, Bills & Rewards screenshot 6
6

Cityflo - Premium office rides

by Cityflo

Installs1.6M
Rating3.7514K ratings
Installs, year on year+52%
Last updatedMay 2026
View on Google Play ↗
Cityflo - Premium office rides screenshot 1Cityflo - Premium office rides screenshot 2Cityflo - Premium office rides screenshot 3Cityflo - Premium office rides screenshot 4Cityflo - Premium office rides screenshot 5Cityflo - Premium office rides screenshot 6
7

Zouk - Bags, Wallets & Luggage

by Zouk

Installs793K
Rating—
Installs, year on year+148%
Last updatedMay 2026
View on Google Play ↗
Zouk - Bags, Wallets & Luggage screenshot 1Zouk - Bags, Wallets & Luggage screenshot 2Zouk - Bags, Wallets & Luggage screenshot 3Zouk - Bags, Wallets & Luggage screenshot 4Zouk - Bags, Wallets & Luggage screenshot 5Zouk - Bags, Wallets & Luggage screenshot 6
8

HomeRevise | All-in-1 Learning

by Home Revise

Installs697K
Rating—
Installs, year on year+30%
Last updatedJun 2026
View on Google Play ↗
HomeRevise | All-in-1 Learning screenshot 1HomeRevise | All-in-1 Learning screenshot 2HomeRevise | All-in-1 Learning screenshot 3HomeRevise | All-in-1 Learning screenshot 4HomeRevise | All-in-1 Learning screenshot 5HomeRevise | All-in-1 Learning screenshot 6
9

Identityy: Powered by i.AI

by Treefe

Installs678K
Rating—
Installs, year on year+500%
Last updatedMay 2026
View on Google Play ↗
Identityy: Powered by i.AI screenshot 1Identityy: Powered by i.AI screenshot 2Identityy: Powered by i.AI screenshot 3Identityy: Powered by i.AI screenshot 4Identityy: Powered by i.AI screenshot 5
The business behind the activity

Startup financials in Thane

Revenue, profit and growth from the filed annual accounts of 320 startups in Thane, Maharashtra for FY24-25 — 397 of the 1,369 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 73% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹20,466.66 cr

320 companies filing accounts

combined net profit−₹410.52 cr

-2.0% aggregate margin

are profitable62%

198 of 320 companies

median revenue~₹2.7 cr

the typical company

median revenue growth+23%

into FY24-25

earned by the top five73%

revenue concentration

Six-year view

Combined revenue of filing companies

₹5,927.02 crFY19-20188 filers
₹5,657.07 crFY20-21223 filers
₹11,795.41 crFY21-22259 filers
₹12,583.86 crFY22-23299 filers
₹20,602.41 crFY23-24323 filers
₹20,466.66 crFY24-25320 filers

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

Like-for-like

The same 256 companies over three years

+21%
FY22-23₹10,079.02 cr₹398.91 cr net
FY23-24₹10,688.65 cr−₹130.53 cr net
FY24-25₹12,178.39 cr−₹550.79 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 cr12247% profitable
₹1–10 cr10071% profitable
₹10–100 cr8170% profitable
₹100–1,000 cr1385% profitable
Over ₹1,000 cr450% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking91
0–20%48
20–50%52
50–100%46
Doubled+52

289 companies with accounts for both years; median growth +23%.

Profitability

Profit is concentrated at the top

198profitable
121loss-making
-2.0%aggregate margin
1.4%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
KultKULT APP PRIVATE LIMITED
exSell LaboratoriesEXSELL LABORATORIES PRIVATE LIMITED+328%
VergoWE GROW ERGONOMIC SOLUTIONS PRIVATE LIMITED₹12.27 cr
VizPayVIZPAY BUSINESS SOLUTION PRIVATE LIMITED+223%₹101.21 cr
HavaiHAVAI HOME PRODUCTS PRIVATE LIMITED₹10.60 cr
MobigicMOBIGIC TECHNOLOGIES PRIVATE LIMITED+150%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
InvoicemartA.TREDS LIMITED41.1%₹91.61 cr
SankeySANKEY BUSINESS SOLUTIONS PRIVATE LIMITED₹27.57 cr
PAREPARE INNOVATIONS PRIVATE LIMITED24.2%₹80.92 cr
Matrix MoonMATRIX MOON PRIVATE LIMITED22.6%₹156.48 cr
Newel TechnologiesNEWEL TECHNOLOGIES PRIVATE LIMITED19.7%₹11.12 cr
La' FrenchLA FRENCH STUDIO PRIVATE LIMITED₹10.33 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Manufacturing services11₹670.92 cr~₹16.4 cr91%2.0%
Beauty tech5₹502.35 cr~₹22.9 cr80%4.9%
It services8₹313.62 cr~₹20.2 cr100%15.4%
Payments5₹165.42 cr~₹16.6 cr80%0.8%
Management consulting services7₹84.23 cr~₹1.1 cr57%1.2%
Facility management services7₹71.52 cr~₹2.6 cr71%3.6%
Freight forwarders9₹70.03 cr~₹7.8 cr67%-0.3%
K-12 edtech6₹58.07 cr~₹6.8 cr33%1.0%
Leaders

Largest startups by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Infra.MarketHELLA INFRA MARKET LIMITED₹6,202.70 cr₹132.96 cr2.1%+16%
PILPIPELINE INFRASTRUCTURE LIMITED₹3,735.20 cr−₹799.79 cr-21.4%+13%
Mukand SumiMUKAND SUMI SPECIAL STEEL LIMITED₹170.49 cr-4%
GoapptivGOAPPTIV PRIVATE LIMITED₹1,580.63 cr−₹3.93 cr-0.2%+39%
Bayer Zydus PharmaBAYER ZYDUS PHARMA PRIVATE LIMITED₹619.33 cr₹56.10 cr9.1%+23%
Mosaic WellnessMOSAIC WELLNESS PRIVATE LIMITED₹583.46 cr−₹11.80 cr-2.0%+73%
PlumPUREPLAY SKIN SCIENCES (INDIA) PRIVATE LIMITED₹418.60 cr₹24.72 cr5.9%+22%
HopscotchLITTLE RUNWAYS WHOLESALE PRIVATE LIMITED₹264.96 cr₹11.49 cr4.3%+20%
RamcoRAMCO EXTRUSION PRIVATE LIMITED₹236.87 cr₹2.94 cr1.2%+27%
Choudhary Multispeciality EngineersCHOUDHARY MULTISPECIALITY ENGINEERS PRIVATE LIMITED₹161.73 cr₹6.08 cr3.8%+27%
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 Thane 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, Thane12

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 Thane

9Acquisition
3Merger

Most active acquirers

  1. Tjsb sahakari bank2
  2. Infra.market2
  3. Mascot dynamics1
  4. Marico1
  5. Jupiter hospital1

Most acquired or merged

  1. Amrut Energy Private Limited1
  2. The Bhavani Sahakari Bank Ltd.1
  3. Plix1
  4. SevenHills Healthcare1
  5. Base digitale group1

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

Startup funding in Thane

54 startups in Thane have recorded equity funding, US$1.21bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Thane

Meet the people behind startups in Thane. 448 of 1,369 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Thane startups by sub-sector

The most common specialisations among startups in Thane. 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