Top 100 Karnataka Startups to Watch in 2026
Karnataka's startup scene is a mix of many industries, from e-commerce to electric vehicles. The region, centered around Bengaluru, continues to produce a wide range of companies.
This includes transportation service Rapido, which has raised over $825.4 million. Newcomers are also making an impact, like AI company Krutrim, which secured over $303.7 million in its first year.
Below is our list of 100 Karnataka startups worth keeping an eye on.
Failory's Top 10 Picks
Polygon builds a platform for developing and scaling infrastructure on the Ethereum network. Their suite of tools allows developers to create interconnected blockchains, improving transaction speeds and lowering costs.
| Year Founded | 2017 |
| Founders | Antoni Martin, Anurag Arjun, Bobbin Threadbare, Brendan Farmer, Daniel Lubarov, David Schwartz, Jaynti Kanani, Jordi Baylina, Mihailo Bjelic, Sandeep Nailwal |
| Funding Amount | $451.5M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Accel, Peak XV Partners, Elevation Capital, Union Square Ventures, Tiger Global Management |
Myntra runs one of India's largest e-commerce destinations for fashion, beauty, and lifestyle products. Their platform offers a vast catalog of clothing, accessories, and personal care items from hundreds of domestic and international brands.
| Year Founded | 2007 |
| Founders | Ashutosh Lawania, Mukesh Bansal, Sankar Bora, Vineet Saxena |
| Funding Amount | $775.3M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Undisclosed |
| Top Investors | Accel, New Enterprise Associates, Tiger Global Management, Flipkart, Kalaari Capital |
Rapido operates a ride-hailing platform for booking bike taxis, auto-rickshaws, and cabs across India. Their mobile app connects commuters with drivers for quick and affordable urban transportation.
| Year Founded | 2015 |
| Founders | Aravind Sanka, Pavan Guntupalli, Rishikesh SR |
| Funding Amount | $825.4M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Secondary Market |
| Top Investors | Nexus Venture Partners, Swiggy, Prosus Ventures, Shunwei Capital, Yamaha |
Mobile Premier League developed a mobile eSports platform where users can compete in various skill-based games. The app is built around a competitive model that lets players enter tournaments to win real cash prizes.
| Year Founded | 2018 |
| Founders | Sai Srinivas Kiran G, Shubh Malhotra, Shubham Malhotra |
| Funding Amount | $390.5M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Gaingels, Sequoia Capital, Peak XV Partners, RTP Global, Play Ventures |
Porter operates a logistics marketplace that connects businesses with a network of trucks, tempos, and two-wheelers for on-demand delivery. The platform is designed to streamline last-mile operations, helping companies across India move everything from small parcels to bulk goods.
| Year Founded | 2014 |
| Founders | Pranav Goel, Uttam Digga, Vikas Choudhary |
| Funding Amount | $356.9M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Peak XV Partners, Wellington Management, Lightrock, Tiger Global Management, Kedaara Capital |
Krutrim develops a full-stack AI platform, including large language models and cloud infrastructure, specifically for the Indian market. Their technology is designed to understand India's unique cultural and linguistic nuances, supporting a new wave of AI applications.
| Year Founded | 2023 |
| Founders | Bhavish Aggarwal |
| Funding Amount | $303.7M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Undisclosed |
| Top Investors | Z47, Bhavish Aggarwal |
FinBox develops a suite of technology products that help banks and financial institutions digitize their customer journeys. Their tools use data science and AI to streamline processes like credit assessment and customer onboarding.
| Year Founded | 2015 |
| Founders | Anant Deshpande, Rajat Deshpande |
| Funding Amount | $55M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | A91 Partners, WestBridge Capital, Aditya Birla Ventures, Flipkart Ventures, Arali Ventures |
FirstClub builds a speedy, commerce-first retail experience that merges the convenience of e-commerce with the trust of physical stores. They use a network of offline experience centers to let customers see and feel products firsthand, emphasizing quality before purchase.
| Year Founded | 2024 |
| Founders | Ayyappan R. |
| Funding Amount | $31M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Accel, RTP Global, Blume Ventures, Quiet Capital, 2am VC |
Vedantu operates an online learning platform that provides live, interactive tutoring for K-12 students and those preparing for competitive entrance exams. Their system delivers a personalized experience using interactive tools designed to make online learning feel like an in-person classroom.
| Year Founded | 2011 |
| Founders | Anand Prakash, Pulkit Jain, Saurabh Saxena, Vamsi Krishna |
| Funding Amount | $306.2M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Accel, Coatue, Tiger Global Management, WestBridge Capital, Trifecta Capital Advisors |
Ultraviolette Automotive develops high-performance electric motorcycles, including its flagship F77 model. The team is also creating a supporting ecosystem of energy infrastructure built around its advanced battery technology.
| Year Founded | 2016 |
| Founders | Narayan Subramaniam, Niraj Rajmohan |
| Funding Amount | $90.2M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | TDK Ventures, Speciale Invest, Lingotto, Zoho, TVS Motor Company |
90 Additional Karnataka Startups Worth Following
Our top 10 picks offer a glimpse into the region, but the full picture is much bigger. These companies have collectively raised over $29 billion, with fintech, retail, and AI leading the way. The rest of the companies to watch are a mix of new ventures and established players. Here’s a look at the other 90 businesses shaping the local startup scene.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
 Kapiva | Retail | 2016 | $113.5M | Secondary Market |
 Groww | Fintech | 2016 | $593.3M | Series F |
 Razorpay | Fintech | 2014 | $816.4M | Secondary Market |
 SpaceFields | Mobility | 2021 | ₹485M | Seed |
 Stan | Crypto | 2022 | $15.8M | Series A |
 Capillary Technologies | Analytics | 2008 | $248.1M | Secondary Market |
 Seekho | Education | 2020 | $36.5M | Series B |
 Pocket FM | Media | 2018 | $212.5M | Series D |
 WizCommerce | Media | 2020 | $8M | Series A |
 Simpl | Retail | 2015 | $71.7M | Series B |
 Juspay | Fintech | 2012 | $147.9M | Series D |
 OnFinance AI | AI | 2022 | $5.3M | Seed |
 Pixxel | Mobility | 2019 | $95M | Grant |
 Tessolve | Manufacturing | 2004 | $190M | Private Equity |
 Fyno | SaaS | 2022 | $4M | Seed |
 Indkal Technologies | Hardware | 2020 | $55.9M | Series B |
 InMobi | Marketing | 2007 | $424.3M | Undisclosed |
 Swift | Retail | 2018 | $2.2M | Venture Round |
 Cashfree Payments | Fintech | 2015 | $93.9M | Series C |
 Tracxn | Analytics | 2013 | $16.5M | Venture Round |
 Curefoods | Food | 2016 | $318M | Venture Round |
 Jar | Media | 2021 | $111.7M | Series B |
 Wysa | AI | 2015 | $29.5M | Venture Round |
 Sarvam AI | AI | 2023 | ₹3.4B | Series A |
 NoBroker | Real Estate | 2014 | $379.9M | Series E |
 Amazon Seller Services | Retail | 2010 | ₹261.9B | Corporate Round |
 Supply6 | Sports | 2019 | $2.3M | Seed |
 Glance | AI | 2019 | $390M | Series D |
 Flipkart | Retail | 2007 | $15.3B | Corporate Round |
 StockGro | Media | 2020 | $68.6M | Debt Financing |
 Licious | Logistics | 2015 | $489.5M | Series F |
 AppsForBharat | Media | 2020 | $62.1M | Series C |
 Shadowfax | Logistics | 2015 | $222.2M | Venture Round |
 Wakefit | Retail | 2016 | $149.2M | Secondary Market |
 Meesho | Retail | 2015 | $1.7B | Secondary Market |
 Livspace | Retail | 2014 | $482.5M | Undisclosed |
 MathCo | Analytics | 2016 | $50M | Private Equity |
 Exotel | Cloud | 2011 | $87.3M | Debt Financing |
 axio | Enterprise | 2013 | $226.3M | Venture Round |
 PlatinumRx | Healthcare | 2023 | $6.8M | Series A |
 Scrut Automation | SaaS | 2021 | $29.5M | Private Equity |
 Snitch | Fashion | 2018 | ₹4.5B | Secondary Market |
 Simple Energy | Mobility | 2019 | $71.9M | Convertible Note |
 Dhruva Space | Mobility | 2012 | $21.8M | Series A |
 Swish | Retail | 2024 | $16M | Series A |
 Colive | Real Estate | 2016 | $32M | Series B |
 Ultrahuman | Biotech | 2019 | $60.1M | Series B |
 QpiAI | AI | 2019 | $38.5M | Series A |
 Captain Fresh | Enterprise | 2019 | $214.4M | Venture Round |
 Aequs | Mobility | 1997 | $101.1M | Private Equity |
 GPS Renewables | Environment | 2010 | $72.2M | Debt Financing |
 VerSe Innovation | Media | 2007 | $1.7B | Debt Financing |
 Scapia | Fintech | 2022 | $71.8M | Series B |
 Digantara | Mobility | 2018 | $14.4M | Series A |
 ANSR | Enterprise | 2008 | $171.7M | Venture Round |
 Klaar | Enterprise | 2021 | $6.7M | Series A |
 Pratilipi | Media | 2015 | $101.8M | Series E |
 GIVA | Retail | 2019 | ₹14.4B | Series C |
 Mudrex | Fintech | 2018 | $22.1M | Venture Round |
 Yulu | Mobility | 2017 | $143.4M | Corporate Round |
 Ripplr | Analytics | 2019 | $77.6M | Venture Round |
 Dunzo | Retail | 2015 | $457.2M | Series F |
 smallcase | Fintech | 2015 | $112M | Series D |
 Cropin | AgTech | 2010 | $46.4M | Series D |
 Kratos Gamer Network (KGeN) | Gaming | 2022 | $42.3M | Venture Round |
 Jumbotail | Retail | 2015 | $298.6M | Series D |
 Velocity | Fintech | 2020 | $30.3M | Series A |
 HealthifyMe | Media | 2012 | $150.1M | Series D |
 SatSure | Analytics | 2017 | $24.6M | Series A |
 Nurix AI | AI | 2024 | $27.5M | Seed |
 RentoMojo | Retail | 2014 | $98.4M | Series D |
 MyGate | Media | 2016 | $79.6M | Series B |
 Bolt.Earth | Mobility | 2017 | $29M | Series A |
 Kapture CX | SaaS | 2011 | $8M | Series A |
 Circle Internet | Media | 2018 | ₹34.2M | Seed |
 Walrus | Fintech | 2019 | $140.1M | Initial Coin Offering |
 Sprinto | Security | 2020 | $31.5M | Series B |
 Samaaro | Marketing | 2020 | $625k | Seed |
 Exponent Energy | Mobility | 2020 | $44.4M | Series B |
 MedGenome | Biotech | 2013 | $233M | Series E |
 Oolka | Fintech | 2023 | $7M | Seed |
 SpotDraft | AI | 2017 | $80.6M | Series B |
 Beatoven.ai | AI | 2021 | $2.4M | Seed |
 Routematic | Mobility | 2013 | $44.5M | Series C |
 Gnani.ai | Analytics | 2016 | $5.4M | Series A |
 Gullak.Money | Fintech | 2022 | $12.3M | Series A |
 Asaya | Other | 2021 | ₹400M | Seed |
 Karbon | Fintech | 2019 | $38.3M | Debt Financing |
 Fisdom | Fintech | 2015 | $37.3M | Series C |
 CynLr | AI | 2019 | $15.3M | Series A |
