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Ahmedabad's business environment supports a diverse group of companies, from financial technology to transportation. The city is a base for major operations like Adani Airports, which has secured $1.1 billion in funding.
Other notable companies include electric ride-hailing service BluSmart Mobility and pharmaceutical firm Intas Pharmaceuticals.
Below is our list of 16 Ahmedabad startups worth keeping an eye on.
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Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Petpooja offers a complete restaurant management platform, centered around its point-of-sale software. The system integrates everything from billing and inventory to online order management, giving owners a single tool to run their operations.
Ignosis develops the core infrastructure for account aggregation and financial data intelligence. Their platform helps banks and fintech companies analyze complex user data to make more informed decisions about lending and risk assessment.
Adani Airports develops and manages a portfolio of airports, making them India's largest private airport operator. Their focus is on building world-class infrastructure to improve the travel experience for passengers across the country.
Intas Pharmaceuticals develops, manufactures, and markets pharmaceutical formulations for a global audience. They provide a broad portfolio of accessible medicines across numerous therapeutic segments.
BluSmart Mobility created India's first all-electric ride-hailing platform, providing sustainable urban transportation. The service gives riders access to a fleet of zero-emission vehicles through a dedicated mobile app.
Drawing on a legacy that began in 1944, Hocco produces a wide variety of ice creams for the Indian market. The brand is recognized for blending its long history with modern flavors and vibrant packaging.
R for Rabbit offers a comprehensive line of baby products that prioritize safety, quality, and smart design. The company provides parents with essential gear like car seats and strollers, alongside daily necessities such as diapers and feeding supplies.
Lendingkart has built a digital lending platform to provide working capital and business loans for small and medium-sized enterprises in India. The company focuses on making the financing process quick and accessible for entrepreneurs who need capital to grow.
Matter creates electric vehicle technology and energy storage solutions designed for the Indian market. They launched the AERA, the country's first geared electric motorbike, which runs on a proprietary liquid-cooled battery system.
Renee Cosmetics offers a diverse collection of cruelty-free makeup and skincare products. The Indian beauty brand focuses on creating innovative, high-quality cosmetics for the modern woman.
The top ten are only a glimpse into the city's growing startup community. Founders are building companies in everything from healthcare and agriculture to real estate and data.
Some of these companies are just getting started while others have been around for decades, raising hundreds of millions along the way. Here’s a look at more companies that are shaping Ahmedabad's startup scene.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| SaaS | 2023 | $6.6M | Seed | |
| Data | 2008 | ₹4.6B | Venture Round | |
| Real Estate | 2011 | ₹8B | Debt Financing | |
| Education | 2001 | $45M | Secondary Market | |
| AgTech | 1994 | ₹4.5B | Venture Round | |
| Healthcare | 2004 | ₹7.9B | Secondary Market |
