Top 31 Startups in Chennai in 2023

1) Northern Arc

Northern Arc Capital is a non-banking finance company that connects debt investors with borrowers.

Details of the startup:

• Started in: 2008
• Founders: Kshama Fernandes
• Industries: Enterprise, Finance, Financial Services
• Number of employees: 51-100
• Funding: $383,626,249
• Funding rounds: 11
• Number of investors: 12 (Standard Chartered Bank, Eight Roads Ventures, Sumitomo Mitsui Banking Corporation, Kotak Mahindra Bank, LeapFrog Investments)

You can find their website here.

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2) Agnikul

Agnikul is a space technology company that designs, builds, tests, and launches orbital class rockets for micro and nano satellites.

Details of the startup:

• Started in: 2017
• Founders: Moin SPM, Satyanarayanan Chakravarthy, Srinath Ravichandran
• Industries: Aerospace, Manufacturing, Nanotechnology
• Number of employees: 51-100
• Funding: $14,543,144
• Funding rounds: 4
• Number of investors: 17 (LetsVenture, Pi Ventures, BEENEXT, Mayfield Fund, Naval Ravikant)

You can find their website here.

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3) Vivriti Capital

Vivriti Capital is a marketplace for small businesses and individuals that don't have easy access to credit.

Details of the startup:

• Started in: 2017
• Founders: Aniket Deshpande, Gaurav Kumar, Irfan Mohammed, Soumendra Ghosh, Vineet Sukumar
• Industries: Analytics, Banking, Crowdfunding, Financial Services, FinTech, Insurance, Marketplace
• Number of employees: 101-250
• Funding: $107,701,572
• Funding rounds: 4
• Number of investors: 2 (Aspada, Creation Investments Capital Management, LLC)

You can find their website here.

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4) Netmeds

Welcome to the most convenient drugstore in India!

Details of the startup:

• Started in: 2010
• Founders: Pradeep Dadha
• Industries: E-Commerce, Health Care, Pharmaceutical
• Number of employees: 501-1000
• Funding: $99,000,000
• Funding rounds: 3
• Number of investors: 4 (OrbiMed, Sistema Asia Capital, Daun Penh Cambodia Group, Tanncam Investment)

You can find their website here.

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5) BankBazaar.com

BankBazaar.com is an independent online marketplace that provides immediate customized loan and insurance rate quotations.

Details of the startup:

• Started in: 2008
• Founders: Adhil Shetty, Arjun Shetty, Rati Shetty
• Industries: E-Commerce, Finance, FinTech, Insurance, Marketplace
• Number of employees: 1001-5000
• Funding: $115,000,000
• Funding rounds: 6
• Number of investors: 16 (Sequoia Capital India, Amazon, Experian, Eight Roads Ventures, Mousse Partners)

You can find their website here.

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6) Financial Software & Systems

Financial Software & Systems (FSS) is a leading global provider of payment technology.

Details of the startup:

• Started in: 1991
• Founders: Nagaraj Mylandla
• Industries: Debit Cards, Financial Services, FinTech, Information Services, Information Technology, Mobile Payments, Payments, Software, Transaction Processing
• Number of employees: 1001-5000
• Funding: $129,250,000
• Funding rounds: 4
• Number of investors: 4 (New Enterprise Associates, The Carlyle Group, PremjiInvest, Jacob Ballas Capital India)

You can find their website here.

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7) Kaleidofin

Kaleidofin is a fintech platform that offers entire financial solutions to individuals and households who are financially disadvantaged.

Details of the startup:

• Started in: 2017
• Founders: Puneet Gupta, Sucharita Mukherjee
• Industries: Finance, Financial Services, FinTech, Payments, Risk Management
• Number of employees: 101-250
• Funding: $7,853,930
• Funding rounds: 2
• Number of investors: 6 (Flourish Ventures, Oikocredit International, Blume Ventures, Omidyar Network, Bharat Inclusion Seed Fund)

You can find their website here.

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8) Treat at Home

People in need of medical services can interact with authorized healthcare professionals on-demand through a digital healthcare marketplace.

Details of the startup:

• Started in: 2018
• Founders: Ajmal Saleem, Dr. Saleem Haniffa
• Industries: Apps, Elder Care, Health Care, Home Health Care, Marketplace, mHealth
• Number of employees: 11-50
• Funding: $105,241
• Funding rounds: 2
• Number of investors: 1 (10,000 Start-Ups)

You can find their website here.

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9) Fieldproxy

Fieldproxy is a SaaS platform that allows business owners to create custom apps to help them run their field operations more efficiently.

Details of the startup:

• Started in: 2016
• Founders: Balakrishna Balasubramanian, Swaroop Vijayakumar
• Industries: Information Technology, Software
• Number of employees: 11-50
• Funding: $334,116
• Funding rounds: 2
• Number of investors: 1 (100X.VC)

You can find their website here.

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10) Prodapt Solutions

Prodapt Solutions is a specialist IT services company that works with Digital Service Providers all around the world.

Details of the startup:

• Started in: 1999
• Founders: Vedant Jhaver
• Industries: Information Technology, Software
• Number of employees: 1001-5000
• Funding: $75,000,000
• Funding rounds: 1
• Number of investors: 1 (Affirma Capital)

You can find their website here.

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11) Flintobox

Flintobox is an edtech firm that uses creative educational items to make early childhood development more enjoyable.

Details of the startup:

• Started in: 2013
• Founders: Arunprasad Durairaj, Shreenidhi Srirangam, Vijay Gandhi
• Industries: Children, E-Commerce, Shopping
• Number of employees: 11-50
• Funding: $15,413,257
• Funding rounds: 6
• Number of investors: 6 (InnoVen Capital, Globevestor, GSF, Lightbox, Ashvin Chadha)

You can find their website here.

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12) Pando

Pando delivers an open-market, freight management platform which digitizes logistics operations.

Details of the startup:

• Started in: 2015
• Founders: Ashok Vasan, Nitin Jayakrishnan
• Industries: Enterprise Software, Logistics, Supply Chain Management
• Number of employees: 51-100
• Funding: $11,048,634
• Funding rounds: 2
• Number of investors: 10 (Nexus Venture Partners, Next47, Alok Mittal, Chiratae Ventures, Girish Mathrubootham)

You can find their website here.

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13) Servion Global Solutions

Servion Global Solutions focuses in assisting businesses with Customer Experience Management (CEM) solutions.

Details of the startup:

• Started in: 1995
• Founders: Kavikkal Balakrishnan, N Raghunandan
• Industries: Big Data, Information Technology, Mobile, Software
• Number of employees: 1001-5000
• Funding: $140,000,000
• Funding rounds: 2
• Number of investors: 1 (Everstone)

You can find their website here.

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14) CreditMantri

CreditMantri is a data-driven tool that allows users to get credit and financial reports based on their credit history.

Details of the startup:

• Started in: 2012
• Founders: Gowri Thyagarajan Mukherjee, Ranjit Punja, Sudarshan Rajasundaram
• Industries: Credit, Financial Services, FinTech
• Number of employees: 101-250
• Funding: $10,997,913
• Funding rounds: 4
• Number of investors: 9 (IDG Capital, Accion, Quona Capital, Trifecta Capital Advisors, Chiratae Ventures)

You can find their website here.

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15) TVS Logistics Services

TVS Logistics Services is a third-party logistics provider that specializes in supply chain management, logistics, and other related services.

Details of the startup:

• Started in: 1995
• Founders: T.V.Sundram Iyengar
• Industries: Logistics, Manufacturing, Supply Chain Management
• Number of employees: 1001-5000
• Funding: $211,614,184
• Funding rounds: 4
• Number of investors: 4 (Goldman Sachs, Caisse de Depot et Placement du Quebec, Mitsubishi Corporation, Nippon Express)

You can find their website here.

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16) CaratLane

CaratLane is an Indian-based online jewelry company that offers a large selection of loose diamonds for the gem and jewelry industry.

Details of the startup:

• Started in: 2008
• Founders: Avnish Anand, Gurukeerthi Gurunathan, Mithun Sacheti, Srinivasa Gopalan
• Industries: E-Commerce, Jewelry
• Number of employees: 51-100
• Funding: $58,000,000
• Funding rounds: 4
• Number of investors: 1 (Tiger Global Management)

You can find their website here.

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17) TenderCuts

TenderCuts is an online meat store that sells antibiotic-free, sanitary, and farm fresh chicken, goat, and shellfish.

Details of the startup:

• Started in: 2011
• Founders: Nishanth Chandran
• Industries: Food Delivery, Livestock, Mobile Apps
• Number of employees: 44470
• Funding: $15,759,255
• Funding rounds: 2
• Number of investors: 2 (Nabventures, Paragon Partners)

You can find their website here.

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18) Aquaconnect

Farm advising and market connection are provided by a full-stack aquaculture technology venture.

Details of the startup:

• Started in: 2017
• Founders: Rajamanohar Somasundaram
• Industries: Aquaculture, Machine Learning, Seafood
• Number of employees: 11-50
• Funding: $1,123,810
• Funding rounds: 2
• Number of investors: 2 (Omnivore, Hatch Blue Ltd)

You can find their website here.

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19) Apollo Pharmacy

Apollo Pharmacy is a medicinal items e-commerce site.

Details of the startup:

• Started in: 2016
• Industries: E-Commerce, Pharmaceutical, Retail
• Number of employees: 251-500
• Funding: ₹5,278,000,000
• Funding rounds: 1
• Number of investors: 3 (Enam Holdings, Arpwood Capital, Hemendra Kothari)

You can find their website here.

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20) Go Colors

Go Colors is the owner of a well-known women's underwear business.

Details of the startup:

• Started in: 2010
• Founders: Gautam Saraogi
• Industries: Fashion, Marketing, Shopping
• Number of employees: 101-250
• Funding: $15,655,577
• Funding rounds: 2
• Number of investors: 2 (Sequoia Capital India, ICICI Venture)

You can find their website here.

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21) Skill Lync

Skill Lync is developing a platform for alternative engineering. Job-leading engineering courses are available through Skill-Lync.

Details of the startup:

• Started in: 2018
• Founders: Sarangarajan Iyengar, Suryanarayanan Paneerselvam
• Industries: E-Learning, Education, Higher Education
• Number of employees: 251-500
• Funding: $150,000
• Funding rounds: 2
• Number of investors: 1 (Y Combinator)

You can find their website here.

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22) TVS Automobile Solutions

In India, TVS Automobile Solutions offers car repair services.

Details of the startup:

• Started in: 2009
• Founders: K V Narasimha Chary
• Industries: Automotive, Consumer, Service Industry
• Number of employees: 1001-5000
• Funding: ₹350,000,000
• Funding rounds: 1
• Number of investors: 1 (Mahindra Rise)

You can find their website here.

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23) GUVI

Guvi is an online technical learning platform founded by IIT Madras.

Details of the startup:

• Started in: 2014
• Founders: Arun Prakash, Arun Prakash, Bala Murugan, Sridevi Arunprakash
• Industries: Internet
• Number of employees: 44470
• Funding: $928,695
• Funding rounds: 4
• Number of investors: 4 (Zone Startups In, Gray Matters Capital, GenNext Ventures, CBA Capital)

You can find their website here.

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24) FR8

FR8 is a long-haul logistics startup that uses technology to overcome inefficiencies in the logistics industry.

Details of the startup:

• Started in: 2016
• Founders: Jay Panneerselvam, Vasanth Immanuel
• Industries: Logistics
• Number of employees: 11-50
• Funding: $3,753,110
• Funding rounds: 3
• Number of investors: 2 (Northern Arc, Omnivore)

You can find their website here.

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25) sulekha.com

Sulekha is one of India's most popular and rapidly expanding digital businesses.

Details of the startup:

• Started in: 2000
• Founders: Satya Prabhakar
• Industries: E-Commerce, Retail, Shopping
• Number of employees: 1001-5000
• Funding: $44,600,000
• Funding rounds: 4
• Number of investors: 3 (Norwest Venture Partners, GIC, Mitsui Global Investment)

You can find their website here.

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26) Disprz

Disprz is a one-of-a-kind “knowledge-tech” start-up that aims to improve people's knowledge, productivity, and intelligence.

Details of the startup:

• Started in: 2015
• Founders: Kuljit Chadha, Subramanian Viswanathan
• Industries: E-Learning, Education
• Number of employees: 11-50
• Funding: $4,500,000
• Funding rounds: 5
• Number of investors: 5 (InnoVen Capital, Infrastructure Leasing & Financial Services Limited, Kae Capital, Xseed Partners, Auctus Capital)

You can find their website here.

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27) specsmakers

One of the fastest growing optical retail chains in South India, with a mission to supply high-quality eyewear.

Details of the startup:

• Started in: 2011
• Founders: Pratik Shah, Sonal Shah
• Industries: Eyewear, Fashion, Retail
• Number of employees: 251-500
• Funding: $18,200,965
• Funding rounds: 4
• Number of investors: 3 (Eight Roads Ventures, Eight Roads Ventures India, Fulcrum Venture India)

You can find their website here.

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28) Grinntech

Lithium Battery Packs for Automotive and Stationary Use

Details of the startup:

• Started in: 2013
• Founders: Nikhilesh Mishra, Puneet Jain
• Industries: Electric Vehicle, Energy Storage
• Number of employees: 11-50
• Funding: $2,000,000
• Funding rounds: 1
• Number of investors: 5 (Lakshmi Narayanan, 23 High Networth Individuals (HNIs), UCAL Fuel Systems, KS Manian, V Sumantran)

You can find their website here.

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29) Updater Services

Updater Services (UDS) is a corporation that provides management services.

Details of the startup:

• Started in: 1985
• Founders: Raghunandana Tangirala
• Industries: Facilities Support Services, Facility Management, Management Information Systems
• Number of employees: 10001+
• Funding: ₹1,000,000,000
• Funding rounds: 1
• Number of investors: 1 (MOPE)

You can find their website here.

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30) Real Image Media Technologies

Real Image Media Technologies is a technology company that specializes in film, video, and audio.

Details of the startup:

• Started in: 1986
• Founders: Jayendra Panchapakesan
• Industries: Film Production, Hardware, Software
• Number of employees: 501-1000
• Funding: $22,336,472
• Funding rounds: 3
• Number of investors: 3 (Intel Capital, Nomura Securities, StreetEdge Capital)

You can find their website here.

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31) Curatio Healthcare

A mobile healthcare interaction platform based in Chennai, India.

Details of the startup:

• Started in: 2005
• Founders: G Ramani, K Krishna
• Industries: Health Care, Medical, Mobile
• Number of employees: 101-250
• Funding: $36,200,000
• Funding rounds: 2
• Number of investors: 4 (Sequoia Capital India, Chrys Capital, Westbridge Capital, Fulcrum Venture India)

You can find their website here.

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