Kolkata is home to a diverse group of startups working in areas from food to finance. The fast food chain Wow! Momo leads the group with $182M in funding.
Other companies are making an impact in renewable energy and financial services, like Arohan Financial which has raised $64M.
Below is our list of 7 Kolkata startups worth keeping an eye on.
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Get the Sheet for $50Wow! Momo runs an Indian fast food chain that serves a diverse menu of steamed, fried, and pan-fried momos. They have grown to become India's largest momo chain, elevating the popular street food into a quick-service restaurant staple.
| Year Founded | 2008 |
| Founders | Binod Kumar Homagai, Sagar Daryani, Shah Miftaur Rahman |
| Funding Amount | $182M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | IAN Group, Tiger Global Management, 360 ONE Asset, Anicut Capital, Avendus Capital |
Amwoodo creates functional, eco-friendly products designed to replace everyday plastic items. They are best known for their line of sustainable personal care goods, such as bamboo toothbrushes and combs, sold directly to consumers and businesses.
| Year Founded | 2019 |
| Founders | Agni Mitra |
| Funding Amount | $3.3M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Seed |
| Top Investors | Rainmatter Capital, ThinKuvate, Caspian Impact Investments, Upaya Social Ventures, RevX Capital |
Assessli builds an AI-powered platform that delivers adaptive assessments and personalized learning. Their technology helps organizations in education and corporate training to create, deliver, and analyze assessments with greater efficiency.
| Year Founded | 2022 |
| Founders | SURAJ BISWAS |
| Funding Amount | $5.2M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Foxhog Ventures, BIGShift, IDEAS Technology Innovation Hub, Amit Chowdhury |
Snap-E Cabs operates an on-demand ride-hailing platform with a 100% electric vehicle fleet in India. Their service offers passengers an eco-friendly transportation option and has established the largest EV fleet in Kolkata.
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | $5M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Seed |
| Top Investors | Jaspreet Kaur, Praveen Chand, Inflection Point Ventures, ah! Ventures, Mitesh Nandlaskar |
Jupiter International manufactures solar photovoltaic cells and provides complete solar power solutions. The company is a key supplier in the renewable energy industry, producing core components and systems for solar installations.
| Year Founded | 1978 |
| Founders | Ghanshyam Dasji Garodia |
| Funding Amount | ₹9.7B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Edelweiss Alternative Asset Advisors, ValueQuest Investment Advisiors, ValueQuest Scale Fund |
Data Sutram builds an AI-powered location intelligence platform that helps businesses find their next best location for expansion. Their system synthesizes hundreds of external data sources to deliver insights on people, places, and potential customer behavior.
| Year Founded | 2018 |
| Founders | Aishik Pyne, Aisik Paul, Alok Mani, Ankit Das, Rajit Bhattacharya, Soumik Chakrabarty |
| Funding Amount | $14.3M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Lightspeed Venture Partners, B Capital, IAN Group, Singularity AMC, Varanium Capital Advisors |
Arohan Financial operates as a microfinance institution, providing a suite of loan products to individuals. Their services are designed to extend financial inclusion to underserved populations throughout India.
| Year Founded | 2006 |
| Founders | Shubhankar Sengupta, Vineet Rai |
| Funding Amount | $64M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Venture Round |
| Top Investors | Michael & Susan Dell Foundation, Maj Invest Equity, Lok Capital, British International Investment, Aavishkaar Venture Capital |