![[List] Top 25 Successful Startups in Pune Making Headlines in 2023](/blog/content/images/size/w2000/2022/10/Starttups-in-Pune.png)
After Bangalore and Chennai, we are now witnessing the growth of Startup ecosystem in Pune.
According to recent reports by the Business Line, 84% of Maharashtra's 6,406 new startups during the past two years have been established in Mumbai and Pune together.
The increased interest in Starting up in Pune is driven by its skilled tech talent pool, easy access to business capital in Mumbai, and venture capitalists eager to invest.
As a part of our Indian Startup List Series, We have already covered startups in Bangalore, Chennai and Mumbai.
In this post, We bring you the list of the Top 25 successful Startups in Pune that are making some noise:
- Firstcry
- Intouchapp
- Fibe/Earlysalary
- Helpshift
- Mindtickle
- Icertis
- Icustommadeit
- Xpressbee
- Portraitflip
- Pariksha
- Easebuzz
- Marketsandmarkets
- LoanTap
- TorkMotors
- Pharmarack
- Docplexus
- Biddano
- Plobalapps
- Infinite Uptime
- 111 Startups
- Noccarc Robotics
- Ecozen
- HotFut Sports
- Repos Energy
- Haber
Let’s dive into each of the startups in detail!
1. FirstCry
FirstCry is the one-stop solution for all baby care products. All baby-related products such as toys, clothes, footwear, and health and safety products are available at FirstCry.
This Pune-based startup firm is available both in offline and online channels. They provide a website and mobile application to help their customers shop online.
This business's primary goal is to offer affordable, high-quality baby care products. Because of this, all parents can shop for their kids without any hassle. It is best known for the quality and on-time delivery of its products.
It is Asia's largest online marketplace for children's and infant products. Not only that, but it is known as one of the high-paying startups in Pune.
The current market value of FirstCry is $2.7 billion, after the recent investment through Premji Investment of $315 million.
Started in: 2010
Founders: Supam Maheshwari, Amitava Saha, Prashant Jadhav, Sanket Hattimattur
Industries: Ecommerce, Internet Retail
Number of employees: 1001 to 5000
Funding amount: $741.4 Million
Number of funding rounds: 10
2. Intouchapp
InTouchApp is a simple yet effective application that helps with contact management.
It keeps entrepreneurs and businessmen in mind. You can save contacts from business cards with InTouchApp.
InTouchApp helps in managing both personal and work-related contacts, updating the contacts.
On all major platforms, the app is free to download. Now it manages millions of contacts. Till date, InTouchApp managed over 1.3 billion contacts.
Started in: 2012
Founders: Sarang Lakare
Industries: Mobile Application
Number of employees: 11-50
Funding amount: Undisclosed
Number of funding rounds: 2
Number of investors: 2
Company’s LinkedIn I'd: https://www.linkedin.com/company/intouchapp/
3. Fibe (Previously- Earlysalary)
Fibe is a fintech startup that offers short-term loans. Ashish Goyal and Akshay Mehrotra launched EarlySalary.
People can apply for hassle-free personal loans. Likewise, it provides instant cash loans from INR 5000 to 5,00,000 for a tenure of up to 24 months. There are no prepayment penalties on the loan.
According to Inc42, Fibe, raises $110 million from TPG Growth and Norwest Capital.
Started in: 2015
Founders: Akshay Mehrotra, Ashish Goyal
Industries: FinTech
Number of employees: 201-500
Funding amount: $130.3M
Number of funding rounds: 8
Number of investors: 9
Company’s LinkedIn I'd: https://www.linkedin.com/company/fibe-in/
4. Helpshift
Helpshift offers commercial services. It provides organizations with clever solutions for maintaining and improving client contact.
Its AI chatbots help businesses automate their customer support activities.
It is a portable first stage of client care. When customers need support, they can find it in the application with always-on help with encountering, which provides quick, automated solutions.
Started in: 2011
Founders: Abinash Tripathy and Bishampayan Ghose
Industries: Technology, Information, and Internet
Number of employees: 51-200
Funding amount: $53.5M
Number of funding rounds: 6
Number of investors: 10
Company’s LinkedIn I'd: https://www.linkedin.com/company/helpshift/
5. Mindtickle
MindTickle helps customers with a choice of sales products that develop data-driven analytics to show the impact of the number of sales preparedness programs on revenue growth.
The startup combines award-winning technology with best-practice methods to improve performance.
The organization's Series B fundraising effort was successful in generating INR 174 crores.
Started in: 2012
Founders: Deepak Diwakar, Krishna Depura, Mohit Garg, Nishant Mungali
Industries: Software Development
Number of employees: 201-500
Funding amount: $281.3M
Number of funding rounds: 7
Number of investors: 8
Company’s LinkedIn I'd: https://www.linkedin.com/company/mindtickle/
6. Icertis
Icertis is a Seattle-based company that provides contract lifecycle management solutions.
It helps in organizing and connecting the contract data that determines business functions.
Entrepreneurs trust Icertis to execute the goal of their combined 10 million+ contracts.
It also helps Google, Microsoft, and Apple with managing their contracts.
Started in: 2009
Founders: Samir Bodas and Monish Darda
Industries: IT Services and IT Consulting
Number of employees: 1,001-5,000
Funding amount: $371M
Number of funding rounds: 8
Number of investors: 12
Company’s Linkedin Id: https://www.linkedin.com/company/icertis/
7. iCustomMadeIt
ICustomMadeit unites people looking for unique, personalized products worldwide with those who can make what they want.
Customers can order pre-made clothing, accessories, furniture, automobiles, etc. Also, they can design and customize any product according to their requirements.
The foundation of ICustomMedaIt is to customize the essence of any company in the modern era. It has united many customers looking for one-of-a-kind art pieces with passionate artists.
On their website, customers can select from about 25,000 items in about 33 categories. Siddhivinyak Skyscrapers has invested about $4 million in the business.
Started in: 2013
Founders: Kundan Dhake & Raj Iyer
Industries: Technology, Information and Internet
Number of employees: 50-200
Funding amount: $4.4 Million
Number of funding rounds: 4
Number of investors: 8
Company’s Linkedin Id: http://www.icustommadeit.com/
8. Xpressbees
With the fastest growth rate, Xpressbees offers full-cycle supply chain management services. The startup from Pune collaborates with many e-commerce companies.
Xpressbees has grown tremendously as online shopping has grown to be the second-largest internet market worldwide.
In November 2020, Xpressbees, a logistic startup in Pune, raised $110 million. Now it accepts more than 2.5 million orders per day throughout more than 2000 cities.
Started in: 2015
Founders: Amitava Saha And Supam Maheshwari
Industries: Logistic
Number of employees: 10k+
Funding amount: $602.4M
Number of funding rounds: 10
Number of investors: 15
Company’s LinkedIn I'd: https://www.linkedin.com/company/xpressbees/
9. PortraitFlip
This Pune startup is famous for producing pet photographs, couple portraits, and landscape portraits.
It receives orders from the US, UK, Canada, Australia, and Singapore. The business offers a 100% satisfaction guarantee to its customers.
On PortraitFlip, the artists used oil, charcoal, pencil, acrylic, colored pencil, and watercolor as well as a few hand-painted mediums for the paintings.
Since its launch in 2018, this startup has generated $600,000 in revenue.
Started in: 2018
Founders: Sunny Choudhary
Industries: Art and Craft
Number of employees: 11-50
Funding amount: Undisclosed
Number of funding rounds: Undisclosed
Number of investors: Undisclosed
Company’s LinkedIn I'd: https://www.linkedin.com/company/portraitflip/
10. Pariksha
Pariksha is Pune's biggest EdTech startup, built in 2015. For India's first mobile internet users, it is resolving the enormous issue of affordability and accessibility of outcome-based education.
It launched its services in eight languages, including Hindi, Marathi, Telugu, Kannada, Tamil, Malayalam, Bengali, and English, across 16 states.
Started in: 2015
Founders: Deepak Choudhary, Karanvir Singh Shekhawat, Utkarsh Bagri, Vikram Shekhawat
Industries: E-Learning
Number of employees: 51-100
Funding amount: $3M
Number of funding rounds: 4
Number of investors: 20
Company’s LinkedIn I'd: https://www.linkedin.com/company/pariksha/
11. Easebuzz
Easebuzz helps small businesses to automate payments without worrying about their own business processes.
Early-stage growth enterprises must deal with difficult business situations as they develop, and often have to use expensive centers to deal with banks or other financial institutions.
Easebuzz helps you with intelligent APIs and affordable solutions in one location. Its payment solutions platform will help you grow your business.
Started in: 2015
Founders: Rohit Prasad
Industries: B2B, Business Development, Developer APIs, E-Commerce, FinTech
Number of employees: 201-500
Funding amount: $4M
Number of funding rounds: 1
Number of investors: 5
Company’s LinkedIn I'd: https://www.linkedin.com/company/easebuzz/
12. Marketsandmarkets
MarketsandMarkets is a new company in the growth consulting and program management space. They use a man-machine offering to help larger businesses grow at a super-normal rate.
It provides services to industries that include automotive, defense, biotechnology, pharmaceuticals, mining, and healthcare.
Together, FTV Capital, Zodius Capital, and Mantra Ventures invested $56 million in MarketsandMarkets.
Started in: 2010
Founders: Sandeep Sugla
Industries: Market Research
Number of employees: 1001-5000
Funding amount: $56M
Number of funding rounds: 1
Number of investors: 2
Company’s LinkedIn I'd: https://www.linkedin.com/company/marketsandmarkets/
13. LoanTap
LoanTap, an online lending marketplace, offers flexible lending products to salaried professionals.
The growth of the Pune-based startup resembles the expansion of online lending in India.
Only 7-8 % of the population has access to formal credit, so LoanTap has been successful in drawing in the young salaried class with its simple, convenient, and adaptable loan products.
Started in: 2016
Founders: Satyam Kumar, Vikas Kumar
Industries: Financial Services
Number of employees: 51-200
Funding amount: $26.8M
Number of funding rounds: 6
Number of investors: 12
Company’s LinkedIn I'd: https://www.linkedin.com/company/loantap-financial-technologies/
14. TorkMotors
This Pune-based startup, Tork Motors, is a startup that produces high-performance electric vehicles and charging infrastructure.
In order to create an emission-free vehicle with performance comparable to that of gasoline-powered vehicles, Tork Motors was founded in 2010.
Furthermore, Ratan Tata invested in the company.
Started in: 2010
Founders: Kapil Shelke
Industries: Automobiles
Number of employees: 51-200
Funding amount: $66.8K
Number of funding rounds:
Number of investors:
Company’s LinkedIn I'd: https://www.linkedin.com/company/tork-motors-pvt-ltd/
15. Pharmarack
Pharmarack is a SaaS-based platform that connects pharmaceutical drug producers, distributors, neighborhood pharmacists, and pharma e-tailers.
It allows medical distributors, retailers, and manufacturers to subscribe to the required plan from a range of services it offers.
Pharmarack has so far raised $2,80,000 in seed funding from Unicorn India Ventures and Rs. 4.5 crore in pre-Series A funding from Currae Healthtech and Unicorn India Ventures.
Started in: 2015
Founders: Amit Backliwal, Bhavik Parmar, Pradyumn Singh
Industries: IT Services and IT Consulting
Number of employees: 51-200
Funding amount: $3.7M
Number of funding rounds: 2
Number of investors: 4
Company’s LinkedIn I'd: https://www.linkedin.com/company/pharmaracktech/
16. Docplexus
Phanish Chandra, the CEO of Docplexus, is a social entrepreneur who created this app to fill the gap between patients and the Indian healthcare system.
With 2,00,000 users, Docplexus is the fastest-growing online professional network of doctors in India. It gives doctors the power to connect with peers, make better clinical decisions, and establish their online reputations.
It emphasizes interdisciplinary learning, discussion, and peer-to-peer exchange of patient cases in order to improve medical outcomes.
Started in: 2013
Founders: Phanish Chandra
Industries: Technology, Information, and Internet
Number of employees: 51-200
Funding amount: $700K
Number of funding rounds: 1
Number of investors: 2
Company’s LinkedIn I'd: https://www.linkedin.com/company/docplexus-online-services-pvt-ltd-/
17. Biddano
Biddano offers pharmacies and hospitals a more simple and more direct order management system.
The company's technology enables orders from distributors to combine into deliveries tailored to pharmacies, which streamlines and manages supply chain gaps between distributors and chemists.
Ashok Yadav, Talha Shaikh founded Biddano in 2016.
Started in: 2016
Founders: Ashok Yadav, Talha Shaikh
Industries: Hospitals and Health Care
Number of employees: 51-200
Funding amount: $3M
Number of funding rounds: 4
Number of investors: 10
Company’s LinkedIn I'd: https://www.linkedin.com/company/biddano/
18. Plobalapps
Plobal Apps is a SaaS platform that allows creation of mobile apps without any coding and allows e-commerce companies to use AI to deliver mobile experiences.
It helps online retailers convert mobile traffic (81% of all Shopify traffic arises from mobile devices) into a high conversion rate and, as a result, higher revenue.
With Shopify and Shopify Plus brands, such as Sniper Gang, Baby Online, Bailey's Blossoms, and many other well-known brands, the company developed strong relationships.
Started in: 2016
Founders: Abhishek Jain, Aliasger Motiwalla, Atul Poharkar
Industries: Software Development
Number of employees: 51-100
Funding amount: $14M
Number of funding rounds: 2
Number of investors: 3
Company’s Linkedin Id: https://www.linkedin.com/company/plobal-apps/
19. Infinite Uptime
Infinite Uptime develops industrial Internet of Things (IoT) solutions, for efficiency and quality in the engineering and processing sectors.
Infinite Uptime helps the maintenance and manufacturing teams to get the greatest degree of plant reliability, decrease unplanned downtime, minimize operating risks, and improve general efficiency.
For a variety of international manufacturing sectors, they create responsive maintenance strategies using industry 4.0 technologies and a digital-first approach.
Started in: 2015
Founders: Raunak Bhinge, YC Chen
Industries: Software Development
Number of employees: 51-200
Funding amount: $11.3M
Number of funding rounds: 5
Number of investors: 12
Company’s LinkedIn I'd: https://www.linkedin.com/company/infinite-uptime/
20. 111 Startups
111 Startups offers funding, mentoring, and guidance to encourage, inform, and support startups.
111 Startups, a not-for-profit organization. More than 300 startups in India are connected to it, and it helps them in obtaining funding.
The startup encourages calculated risk-taking skills and entrepreneurship. The aim of 111 Startups is on startups that are in their early stages of development as well as IT specialists, engineers, students, and students.
Started in: 2015
Founders: Sunil Peswani
Industries: Philanthropic Fundraising Services
Number of employees: 1-10
Funding amount: Undisclosed
Number of funding rounds: Undisclosed
Number of investors: Undisclosed
Company’s LinkedIn I'd: https://www.linkedin.com/company/111-startups/
21. Noccarc Robotics
The SIIC-IIT Kanpur company, Noccarc Robotics, is well known for creating a range of MedTech and CleanTech products.
They have developed into the nation's fastest-growing medical technology company, with their headquarters in the city. In order to offer customers distinctive products and to maximize value for all of its stakeholders, the company depends on innovation.
Harshit Rathore and Nikhil Kurele founded Noccarc Robotics in 2017.
Started in: 2017
Founders: Amit Backliwal, Bhavik Parmar, Pradyumn Singh
Industries: Medical Equipment Manufacturing
Number of employees: 51-200
Funding amount: ₹124M
Number of funding rounds: 1
Number of investors: 2
Company’s LinkedIn I'd: https://www.linkedin.com/company/noccarc/
22. Ecozen
Ecozen is a climate-smart deep tech firm, to bring about a smart and sustainable future.
Using fundamental technology stacks like energy storage, the Internet of Things, and motor controls, Ecozen develops climate-smart deep tech solutions.
Using these technological stacks, Ecozen has revolutionized agricultural irrigation (Ecotron) and cold chains (Ecofrost).
As a result, the income of more than 100,000 farmers has increased, and more than 1 billion units of clean energy (kWh) have been produced.
They have raised Rs 54 crore of additional funding as part of the first tranche of a planned Rs 200 crore Series C round.
Started in: 2010
Founders: Devendra Gupta, Prateek Singhal, Vivek Pandey
Industries: Renewable Energy Semiconductor Manufacturing
Number of employees: 201-500
Funding amount: $15.6M
Number of funding rounds: 9
Number of investors: 10
Company’s LinkedIn I'd: https://www.linkedin.com/company/ecozen-solutions/
23. HotFut Sports
The Pune-based sports development company, HotFut, offers top-notch sports infrastructure for a variety of sports and related facilities for local communities.
Hot Fut is India's top sports and infrastructure development and management startup. It was founded in 2012 as a sports initiative of Hot Fut Sports Infrastructure Pvt Ltd.
Started in: 2012
Founders: Pavit Singh
Industries: Spectator Sports
Number of employees: 51-200
Funding amount:
Number of funding rounds:
Number of investors:
Company’s LinkedIn I'd: https://www.linkedin.com/company/hotfutsports/
24. Repos Energy
To combat dead mileage, spillage, theft, and adulteration, Repos Energy is refueling door-to-door delivery of diesel. Repos uses IoT gadgets and cloud technologies.
An operator arrives at the customer's location to deliver the diesel after the order. Repos Energy uses intelligent fuel dispensers to speed up and simplify transactions.
The Pune-based firm has more than 2,500 mobile petrol stations and more than 1,500 partners spread across more than 220 cities. Also, Ratan Tata invested in this startup.
Started in: 2017
Founders: Aditi Bhosale Walunj
Industries: Oil and Gas
Number of employees: 251-500
Funding amount: $7.2M
Number of funding rounds: 2
Number of investors: 1
Company’s LinkedIn I'd: https://www.linkedin.com/company/repos-energy-india-pvt-ltd/
25. Haber
Haber integrates processes, utilities, and water systems to increase visibility.
Using infographics and a KPI matrix, it enables you to keep track of real-time data from various plant operations.
Even better, Haber's business allows its clients to use their online portal from anywhere in the world to control the dosage at their facilities.
Haber has proven a compelling value proposition, with their excellent services, which include cutting-edge technology, a multidisciplinary staff, and a broad area of knowledge.
Started in: 2017
Founders: Prashun Purkayastha, Priya Venkat, Vipin Raghavan
Industries: Automation Machinery Manufacturing
Number of employees: 51-200
Funding amount: ₹2B
Number of funding rounds: 3
Number of investors: 9
Company’s LinkedIn I'd: https://www.linkedin.com/company/haber-tech/
Conclusion
There are a lot of factors that go into the growth of a startup, but what really matters is the ecosystem that surrounds it.
We hope this article on the top 25 startups helped you to understand the best ventures in Pune. This list covered everything about the industry and how Pune is improving as a startup hub.
Furthermore, you can read about the top venture capital firms in India.
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