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Prism Geo · India · Andhra Pradesh · Visakhapatnam · The startup picture in Visakhapatnam
Startups · Visakhapatnam

The startup picture in Visakhapatnam

Everything startup in one place: who's building, how the landscape clusters, the people and investors behind it, and whether the capital is real.

Summary

Visakhapatnam's venture layer is present but thin. Only 64 tracked companies have ever raised outside money, against 108 funded startups in Nagpur and 292 in Kochi; the city's capital story lags its company and research footprint.

WATCH Watch for more seed deals and for local companies moving beyond unfunded status.
Summary

Startup formation is active, but survival and finance are weak. Hundreds of companies were founded in recent years, yet 15.7% of tracked firms have shut down; 637 remain unfunded and only 14 are at seed stage.

WATCH Watch whether new firms survive longer and move beyond unfunded beginnings.
Who's building in Visakhapatnam
Nekkanti Sea Foods logo
NS

Nekkanti Sea Foods

Nekkanti Sea Foods: India's Largest Shrimp Exporter

est. 1983 · 1,383 staff · raised outside money
Sita Nekkanti — Founder
Venkat Nekkanti — CEO & Managing Director
Alivira logo
A

Alivira

Veterinary Pharmaceutical Manufacturing

est. 2013 · 849 staff · raised outside money
Manish Gupta — Managing Director
Gautam Kumar Das — Managing Director
Coastal logo
C

Coastal

40-year seafood processing & distribution company

est. 1981 · 772 staff · raised outside money
Valsaraj Thottoli — CEO & Managing Director
Fluentgrid logo
F

Fluentgrid

Digital Transformation for Utilities and Cities

est. 2001 · 629 staff · raised outside money
Murali Krishna Gannamani — Founder & Managing Director
Pankaj Jaiswal — CEO
SEIL logo
S

SEIL

SIMHADRI TMT Rebars: Building a Stronger India

est. 1999 · 532 staff · raised outside money
Satish Kumar — Managing Director
SevenHills logo
S

SevenHills

Healthcare company with three decades of experience

est. 1988 · 501 staff · raised outside money
Jitendra Maganti — Founder
Queens NRI Hospital logo
QN

Queens NRI Hospital

Standalone multi-specialty hospital

est. 1994 · 175 staff · raised outside money
Vijaya Chalasani — Co-Founder
Ranga Chalasani — Co-Founder
Granules OmniChem logo
GO

Granules OmniChem

Provider of drug research, development, and analytical services

est. 2011 · 154 staff · raised outside money
Venkatanaga R — Co-Founder
Jean Agnus — Co-Founder
Verdant Life Sciences logo
VL

Verdant Life Sciences

Manufacturer of active pharmaceutical ingredients and intermediate products for global supply

est. 2008 · 150 staff · raised outside money
V Murthy — Co-Founder
U Amarnath — Co-Founder
SuperK logo
S

SuperK

Retail chain of supermarkets

est. 2019 · 128 staff · raised outside money
Anil Thontepu — Co-Founder · Bachelor of Engineering BITS Pilani
Neeraj Menta — Co-Founder · Bachelor of Engineering BITS Pilani
Vijay Nirman logo
VN

Vijay Nirman

Visakhapatnam Real Estate Services

est. 1982 · 112 staff · raised outside money
Y.V. Ramana — CEO
Harmony Foods logo
HF

Harmony Foods

Maheswari Flour Mills: Premium Quality Flour Products

est. 2004 · 88 staff · raised outside money
Kartik Nayyar — Founder
Purushottam Bajaj — Owner
Revidd logo
R

Revidd

Revidd - No-Code SaaS Platform for Customizable Video Streaming and Digital TV

est. 2020 · 65 staff · raised outside money
Naresh Uppada — Co-Founder
Sampath Mallidi — Co-Founder, CEO · Master Of Business Administration - Mba Indiana University of Pennsylvania
SWEKEN logo
S

SWEKEN

Platform offering business management solutions

est. 2014 · 64 staff · raised outside money
Vamsi Gummadi — CEO · BEng Andhra University
Geo Climate Risk Solutions logo
GC

Geo Climate Risk Solutions

Sustainable Solutions for Global Environmental Challenges

est. 2014 · 50 staff · raised outside money
Prasad Babu — Founder & CEO · Master of Science Andhra University
GreenJams logo
G

GreenJams

Agrocreteu00ae The worlds first carbon-negative building material made from crop residues and by-products.

est. 2019 · 42 staff · raised outside money
Tarun Jami — Co-Founder & CEO · Bachelor of Engineering Jain College
Hirawats logo
H

Hirawats

Brand of multi category apparel products for men, women, and kids

est. 1954 · 29 staff · raised outside money
Anik Hirawat — CEO
Agency logo
A

Agency

Provider of personal and commercial insurance services

est. 2021 · 18 staff · raised outside money
Abinadi Barrientos — Co-Founder · Bachelor of Science Utah Valley University
Wessly Anderson — Co-Founder
Connetin logo
C

Connetin

Provider of management consulting services

est. 2016 · 13 staff · raised outside money
Umesh Bharadwaj — CEO
Mudunuru logo
M

Mudunuru

ICT Company with Advanced Technologies in Security and Cloud

est. 2004 · 13 staff · raised outside money
Mudunuru M S Raju — Chairman & MD
ZocketHub logo
Z

ZocketHub

IoT product development for various industries with off-the-shelf IoT solution platform

est. 2016 · 9 staff · raised outside money
D S Aditya — CEO
Golintu logo
G

Golintu

Golintu: Tech-enabled logistics platform with a unique approach to peer-to-peer delivery

est. 2017 · 3 staff · raised outside money
Venkata Reddy — Co-Founder · Arts et Metiers
CouponMachine logo
C

CouponMachine

Online Retail Coupons Website

est. 2014 · 2 staff · raised outside money
Abdul Sattar — Founder & CEO
Synergies Castings logo
SC

Synergies Castings

Manufacturing of precision aluminium alloy wheels

est. 2005 · 1 staff · raised outside money
Shekhar Movva — CEO & MD
The startup landscape, clustered
cluster · 144 companies

Healthcare

67 founded since 2018 · 9 funded

Sub-themes
clinics · 41hospitals · 38biopharma outsourcing · 16home healthcare · 6hospital chains · 6services for healthcare providers · 5

e.g. Alivira, King George Hospital, RK Hospital

cluster · 133 companies

Business Services

51 founded since 2018 · 4 funded

Sub-themes
it services · 47marketing services · 21iot services · 12digital transformation services · 10hr services · 10ai services · 10

e.g. Imaginnovate, Maple Software, Acninfotech

cluster · 128 companies

Consumer

62 founded since 2018 · 6 funded

Sub-themes
local services · 20professional consumer services · 16logistics tech · 16wedding tech · 13matchmaking · 12road transport tech · 12

e.g. Kankatala, Inventrax, Profi Marker

cluster · 79 companies

Enterprise Applications

37 founded since 2018 · 3 funded

Sub-themes
hrtech · 19enterprise resource planning · 12marketingtech · 10saas · 7enterprise software · 7adtech · 5

e.g. Prospecta Technologies, Akrivia HCM, Akrivia MHM

cluster · 68 companies

Retail

33 founded since 2018 · 6 funded

Sub-themes
fashion tech · 11b2b e-commerce · 9horizontal e-commerce · 8retailers · 6online gifting · 5b2c e-commerce · 5

e.g. Vijetha, Vaibhav Jewellers, Kankatala

cluster · 56 companies

Education

15 founded since 2018 · 5 funded

Sub-themes
higher education institutions · 21k-12 schools · 9academic tutoring · 7educational support services · 6continuing education chains · 5k-12 edtech · 5

e.g. GITAM, GVPCE, Raghu Engineering

cluster · 55 companies

Real Estate And Construction

21 founded since 2018 · 1 funded

Sub-themes
real estate & infrastructure developers · 18facility management services · 9building materials · 9construction management services · 6construction contractors · 4architects · 3

e.g. DOZCO, RKEC Projects, m. venkata rao infra projects

cluster · 43 companies

Food And Agriculture

14 founded since 2018 · 4 funded

Sub-themes
food & beverage products · 9food service chains · 6food processing · 6food retailers · 5food distributors · 4aquaculture trading · 4

e.g. Devi Sea Foods, Vijetha, Devi Fisheries

cluster · 38 companies

Edtech

16 founded since 2018 · 1 funded

Sub-themes
k-12 edtech · 17continued learning · 11test preparation tech · 6higher education tech · 6academic tutoring · 5enterprise resource planning · 2

e.g. Erudex, Tech Gurus India, Iles

cluster · 33 companies

Food And Agriculture Tech

22 founded since 2018 · 2 funded

Sub-themes
online grocery · 16food tech · 13crop tech · 5livestock tech · 2b2b e-commerce · 1online travel · 1

e.g. Bluefrog Mobile Technologies, Apgirijanonline, Dreambot

Business models in play
diversified · 154horizontal · 115marketplace · 44specialty clinics · 42suite · 38multi category · 29retailer · 27multispecialty hospitals · 26application development · 25multi-category · 23listing · 21ecommerce · 20
The people behind them
Founder & BackgroundRoleCompany
Venkat Nekkanti
Designated Partner - Ns Trading And Investments | Pamplin College of Business 2004
CEO & Managing DirectorNekkanti Sea Foods
Manish Gupta
Sequent Scientific, ex-CEO Strides Arcolab, wockhardt. MSU BE 1989, SPJIMR MMS 1993
Managing DirectorAlivira
Valsaraj Thottoli
Andhra University 1977
CEO & Managing DirectorCoastal
Anil Thontepu
Ex-Kaodim, PhonePe, Think & Learn, hike messenger. BITS Pilani BE, MS 2012
Co-FounderSuperK
Neeraj Menta
Ex-Zeta India, ex-HungerBox, Flipkart. BITS Pilani BE 2012
Co-FounderSuperK
Purushottam Bajaj
Jawaharlal Nehru Technological University B.Tech 1990
OwnerHarmony Foods
Dilip Maheshwari
Maheswari Flour Mills.
Managing DirectorHarmony Foods
Naresh Uppada
Chief Technology Officer - Revidd, Ex-log.os, American Express | G.M.R. Institute of Technology (2007)
Co-FounderRevidd
Sampath Mallidi
Founder Intandemly, ex-NetSuite. GMR Institute of Technology 2007, Indiana University of Pennsylvania MBA 2009
Co-Founder, CEORevidd
Vamsi Gummadi
Greenduniya, ex-Verizon. Andhra University BEng
CEOSWEKEN
Prasad Babu
Founder & CEO-Geo Climate Risk Solutions,Geonova | Ex-UNDP,WAISP,AIR Worldwide | Andhra University MSc 2001,IIT Kanpur ME 2003
Founder & CEOGeo Climate Risk Solutions
Tarun Jami
UpLink - World Economic Forum.
Co-Founder & CEOGreenJams
Abinadi Barrientos
Co-Founder Team by The Minute, Insurance Agency Owner, ex-Brett Baker State Farm Insurance. Utah Valley University BSc 2008
Co-FounderAgency
Wessly Anderson
Founder Financial Network, Co-Founder Alliance Financial Network, ex-IROM
Co-FounderAgency
D S Aditya
Ex-GreenLine Technologies, Hobbypep, INV TECHNOLOGIES, Academy of Robotics. Avanthi Institute Of Engineering & Technology B Tech 2
CEOZocketHub
Venkata Reddy
Founder Shipmantra, ex-Career BreakCareer. Jawaharlal Nehru Technological University BTech 2011, Arts et Métiers ParisTech - Natio
Co-FounderGolintu
Shekhar Movva
IIM 1985, Michigan State University MS 1987, Northwestern University MMM 1994
CEO & MDSynergies Castings
Srikanth Mummidavarapu
Bni, ex-Visakha Society For The Protection And Care Of Animals, University of Selam, 2006
CEO & DirectorAcademy of Robotics
Rajaneesh Vasanta
Antar Iot, ex-Dxc Technology, ex-Csc, Indian Institute of Management, Calcutta, 2011
Chief Executive OfficerANTAR IoT
Karthik Bavana
Ex-Tesla EMS. Jawaharlal Nehru Technological University, Kakinada BTech
Founder & CEOAusthraa

backgrounds shown where available

Investors active in Visakhapatnam

255 investors are on record backing Visakhapatnam companies. The most committed:

Most active — backed 2+ companies
Institutional
Startup Accelerator India · accelerator / incubator10000 Startups · accelerator / incubatorXLr8 Andhra Pradesh · accelerator / incubatorGovin Capital · accelerator / incubatorClimateLaunchpad · accelerator / incubatorMars Shot Ventures · VC fundBlume Venture · VC fundQED Innovation Labs · VC fundXeed Ventures · VC fundArtha India Ventures · VC fundSTRIVE · VC fundFirst Cheque · VC fundSilverneedle Ventures · VC fundVeltis Capital · VC fund+ 33 more
Private & corporate backers
BIRACMinistry of Electronics & Information TechnologyNew Horizon InvestmentsMotilal OswalWhite OakMadhusudan KelaCaptain FreshAanavinvestmentVenkata LakshmiB Trinath+ 198 more

hover a name to see who they backed

Venture capital
Funded startups — peer cities
Companies that have raised
CompanyIndustryRoundsLatest RoundFounded
Alivirapharmaceuticals12014-042013
Mahatma Gandhi Cancer Hospitalhospital & health care42012-102005
Fluentgridinformation technology and services12016-112001
CouponMachineother services (b2c non-financial)12015-012014
KWIKBOXretail22021-072019
ZocketHubsecurity and investigations02016
Academy of Roboticseducation management12017-072010
Agencyfacilities services12023-042021
AMTZmedical devices02016
CDOE, Andhra Universityeducation management02022
ANTAR IoTcomputer software12018-052017
Apps Daily Solutionretail02009
Austhraaother consumer durables12023-042020
Biomimicry Technologieshealthcare & lifesciences02017
Bothra Groupmaritime02011
Caarehospital & health care02021
Coastalfishery02021-031981
Connetininformation technology and services22020-062016
Crumbdinternet02016
Dreambotconsumer electronics02024
Geo Climate Risk Solutionsrenewables & environment22020-092014
Gena HealthXhealth, wellness and fitness02022
GMR Visakhapatnam International Airportairlines/aviation12023-122020
Granules OmniChempharmaceuticals02011
GoGreen Industriesfood production02019

round amounts sparse for tier-3 cities — counts shown, dollar totals withheld

Founded by year
2025: 172008202517
Stages
Recent founds (2018+)
CompanyIndustryFoundedEmployees
Ayuelectronicsmedical devices2025
Ilese-learning2025
Jotleecomputer software2025
Aixlo Technologycomputer software2025
Cyberxoncomputer software2025
Dravincomputer software2025
Farm Vaidyafarming2025
Griva Healthcaremedical devices2025
Jms Talentrise Tech Solutionshuman resources2025
Kyndskinncosmetics2025
Motherlyhospital & health care2025
Luciduseducation management2025
Quable Rare Resourcesmining & metals2025
Quantum Gandivaresearch2025
SkillInfyTecheducation management2025
Swasa Cloudinformation technology and services2025
Syddhiinformation technology and services2025
ACIAMlegal services2024
Akshaya Aerospaceaviation & aerospace2024
Amaris Brand Creationdesign2024

gate: ≥150 companies & ≥20 recent founds — passed (995/425)

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