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The 12 Fastest Growing Startups from Gujarat

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In terms of entrepreneurship and business, Gujarat has evolved into one of the top emerging hubs in the world.

Hundreds of startup companies have been founded there in the last years, many of which are enjoying incredible success.

We've compiled a list with the 12 most successful ones.


12 Startups in Gujarat

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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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1) Lendingkart

1) Lendingkart

Lendingkart is an online lender that offers SME borrowers short-term working capital loans.

Details of the startup:

  • Started in: 2014
  • Founders: Harshvardhan Lunia, Mukul Sachan
  • Industries: Finance, Financial Services, FinTech, Lending, Micro Lending
  • Number of employees: 501-1000
  • Funding amount: $257,504,119
  • Number of funding rounds: 12
  • Number of investors: 15

You can find their website here.

2) XYXX Apparels

2) XYXX Apparels

XYXX Apparels, which owns the XYXX innerwear line.

Details of the startup:

  • Started in: 2017
  • Founders: Yogesh Kabra
  • Industries: Gaming, Sports
  • Number of employees: 51-100
  • Funding amount: $4,923,799
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

3) Digital Class E-Learning Marketplace

3) Digital Class E-Learning Marketplace

Sellers and consumers of online courses can meet on this educational marketplace.

Details of the startup:

  • Started in: 2017
  • Founders: Hitesh Mohkar, Tushar Dhakate
  • Industries: B2B, B2C, E-Learning, EdTech, Marketplace
  • Number of employees: 11-50
  • Funding amount: ₹3,500,000
  • Number of funding rounds: 1

You can find their website here.

4) BluSmart Mobility

4) BluSmart Mobility

BluSmart is an electric vehicle fast charging network and a zero-emission ridehailing service.

Details of the startup:

  • Started in: 2019
  • Founders: Anmol Jaggi, Punit Goyal
  • Industries: Electric Vehicle, Mobile Apps, Ride Sharing
  • Number of employees: 51-100
  • Funding amount: $17,062,939
  • Number of funding rounds: 5
  • Number of investors: 20

You can find their website here.

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5) Billdesk

5) Billdesk

BillDesk, a subsidiary of IndiaIdeas.com Ltd., was founded in early 2000 to address the problems that most of us have with paying bills.

Details of the startup:

  • Started in: 2000
  • Founders: Ajay Kaushal
  • Industries: Finance, FinTech, Payments, Property Development, Rental
  • Number of employees: 251-500
  • Funding amount: $241,361,584
  • Number of funding rounds: 4
  • Number of investors: 7

You can find their website here.

6) Petpooja

6) Petpooja

The best platform for restaurant management

Details of the startup:

  • Started in: 2011
  • Founders: Apurv Patel, Parthiv Patel
  • Industries: Food and Beverage, Hospitality
  • Number of employees: 11-50
  • Funding amount: $4,363,951
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

7) Intas Pharmaceuticals

7) Intas Pharmaceuticals

Intas Pharmaceuticals is a firm that develops, manufactures, and markets pharmaceutical formulations around the world.

Details of the startup:

  • Started in: 2000
  • Founders: Hasmukh Chudgar
  • Industries: Health Care, Manufacturing, Pharmaceutical
  • Number of employees: 1001-5000
  • Funding amount: $306,466,211
  • Number of funding rounds: 4
  • Number of investors: 2

You can find their website here.

8) Veeda Clinical Research

8) Veeda Clinical Research

Veeda Clinical Research is an Indian clinical contract research organization with a wide range of products and a global reach.

Details of the startup:

  • Started in: 2004
  • Founders: Apurva Shah
  • Industries: Pharmaceutical
  • Number of employees: 501-1000
  • Funding amount: $16,000,000
  • Number of funding rounds: 2
  • Number of investors: 6

You can find their website here.

9) Bigspoon

9) Bigspoon

Bigspoon is a cloud-based kitchen with an omni-channel ordering and delivery system.

Details of the startup:

  • Started in: 2019
  • Founders: Kapil Mathrani
  • Industries: Food and Beverage, Food Delivery
  • Number of employees: 101-250
  • Funding amount: $2,250,000
  • Number of funding rounds: 3
  • Number of investors: 6

You can find their website here.

10) Prescinto

10) Prescinto

Prescinto is a solar plant's brain, giving Actionable Intelligence to Increase Generation.

Details of the startup:

  • Started in: 2016
  • Founders: Puneet Jaggi
  • Industries: Artificial Intelligence, Machine Learning
  • Number of employees: 11-50
  • Funding amount: $5,297,311
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

11) MYBYK

11) MYBYK

MYBYK is a bicycle sharing and rental app with a premium service.

Details of the startup:

  • Started in: 2014
  • Founders: Arjit Soni
  • Industries: Apps, Cycling, Rental
  • Number of employees: 1-10
  • Funding amount: $1,000,000
  • Number of funding rounds: 1
  • Number of investors: 2

You can find their website here.

12) Light Microfinance

12) Light Microfinance

Light Microfinance is a Reserve Bank of India-registered non-banking financing organization.

Details of the startup:

  • Started in: 2008
  • Industries: Finance, Financial Services
  • Number of employees: 101-250
  • Funding amount: ₹356,600,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

Successful brands value customer experience and smart founders use PartnerHero to up-level their CX without breaking the bank. Invest in flexible, affordable outsourced customer ops to grow your startup.

Book a Free Consultation Call →
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