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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.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
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 $50Polygon 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 |
|---|---|---|---|---|
| Retail | 2016 | $113.5M | Secondary Market | |
| Fintech | 2016 | $593.3M | Series F | |
| Fintech | 2014 | $816.4M | Secondary Market | |
| Mobility | 2021 | ₹485M | Seed | |
| Crypto | 2022 | $15.8M | Series A | |
| Analytics | 2008 | $248.1M | Secondary Market | |
| Education | 2020 | $36.5M | Series B | |
| Media | 2018 | $212.5M | Series D | |
| Media | 2020 | $8M | Series A | |
| Retail | 2015 | $71.7M | Series B | |
| Fintech | 2012 | $147.9M | Series D | |
| AI | 2022 | $5.3M | Seed | |
| Mobility | 2019 | $95M | Grant | |
| Manufacturing | 2004 | $190M | Private Equity | |
| SaaS | 2022 | $4M | Seed | |
| Hardware | 2020 | $55.9M | Series B | |
| Marketing | 2007 | $424.3M | Undisclosed | |
| Retail | 2018 | $2.2M | Venture Round | |
| Fintech | 2015 | $93.9M | Series C | |
| Analytics | 2013 | $16.5M | Venture Round | |
| Food | 2016 | $318M | Venture Round | |
| Media | 2021 | $111.7M | Series B | |
| AI | 2015 | $29.5M | Venture Round | |
| AI | 2023 | ₹3.4B | Series A | |
| Real Estate | 2014 | $379.9M | Series E | |
| Retail | 2010 | ₹261.9B | Corporate Round | |
| Sports | 2019 | $2.3M | Seed | |
| AI | 2019 | $390M | Series D | |
| Retail | 2007 | $15.3B | Corporate Round | |
| Media | 2020 | $68.6M | Debt Financing | |
| Logistics | 2015 | $489.5M | Series F | |
| Media | 2020 | $62.1M | Series C | |
| Logistics | 2015 | $222.2M | Venture Round | |
| Retail | 2016 | $149.2M | Secondary Market | |
| Retail | 2015 | $1.7B | Secondary Market | |
| Retail | 2014 | $482.5M | Undisclosed | |
| Analytics | 2016 | $50M | Private Equity | |
| Cloud | 2011 | $87.3M | Debt Financing | |
| Enterprise | 2013 | $226.3M | Venture Round | |
| Healthcare | 2023 | $6.8M | Series A | |
| SaaS | 2021 | $29.5M | Private Equity | |
| Fashion | 2018 | ₹4.5B | Secondary Market | |
| Mobility | 2019 | $71.9M | Convertible Note | |
| Mobility | 2012 | $21.8M | Series A | |
| Retail | 2024 | $16M | Series A | |
| Real Estate | 2016 | $32M | Series B | |
| Biotech | 2019 | $60.1M | Series B | |
| AI | 2019 | $38.5M | Series A | |
| Enterprise | 2019 | $214.4M | Venture Round | |
| Mobility | 1997 | $101.1M | Private Equity | |
| Environment | 2010 | $72.2M | Debt Financing | |
| Media | 2007 | $1.7B | Debt Financing | |
| Fintech | 2022 | $71.8M | Series B | |
| Mobility | 2018 | $14.4M | Series A | |
| Enterprise | 2008 | $171.7M | Venture Round | |
| Enterprise | 2021 | $6.7M | Series A | |
| Media | 2015 | $101.8M | Series E | |
| Retail | 2019 | ₹14.4B | Series C | |
| Fintech | 2018 | $22.1M | Venture Round | |
| Mobility | 2017 | $143.4M | Corporate Round | |
| Analytics | 2019 | $77.6M | Venture Round | |
| Retail | 2015 | $457.2M | Series F | |
| Fintech | 2015 | $112M | Series D | |
| AgTech | 2010 | $46.4M | Series D | |
| Gaming | 2022 | $42.3M | Venture Round | |
| Retail | 2015 | $298.6M | Series D | |
| Fintech | 2020 | $30.3M | Series A | |
| Media | 2012 | $150.1M | Series D | |
| Analytics | 2017 | $24.6M | Series A | |
| AI | 2024 | $27.5M | Seed | |
| Retail | 2014 | $98.4M | Series D | |
| Media | 2016 | $79.6M | Series B | |
| Mobility | 2017 | $29M | Series A | |
| SaaS | 2011 | $8M | Series A | |
| Media | 2018 | ₹34.2M | Seed | |
| Fintech | 2019 | $140.1M | Initial Coin Offering | |
| Security | 2020 | $31.5M | Series B | |
| Marketing | 2020 | $625k | Seed | |
| Mobility | 2020 | $44.4M | Series B | |
| Biotech | 2013 | $233M | Series E | |
| Fintech | 2023 | $7M | Seed | |
| AI | 2017 | $80.6M | Series B | |
| AI | 2021 | $2.4M | Seed | |
| Mobility | 2013 | $44.5M | Series C | |
| Analytics | 2016 | $5.4M | Series A | |
| Fintech | 2022 | $12.3M | Series A | |
| Other | 2021 | ₹400M | Seed | |
| Fintech | 2019 | $38.3M | Debt Financing | |
| Fintech | 2015 | $37.3M | Series C | |
| AI | 2019 | $15.3M | Series A |
