The startup picture in Gurugram

Venture capital has breadth, but the ladder is crowded near the bottom: 2093 companies have ever raised outside money, with 856 at seed and 383 listed as funding raised. Funding exists at scale, yet it is far from the default experience.

Startups in Gurugram - Funding, Founders & Investors

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

FreeCharge

Digital wallet for consumer payments

est. 2010 · 103,703 staff · raised outside money

Sumit Bhatnagar — Chief Executive Officer · B.E. (Uor) Indian Institute of Technology Roorkee

Pyramid Infratech

Real estate company providing affordable housing under government schemes

est. 2008 · 25,000 staff · raised outside money

Dinesh Kumar — Founder

Delhivery

Delhivery: Comprehensive logistics solutions for ecommerce, SMEs, and enterprises

est. 2011 · 24,895 staff · raised outside money

Sahil Barua — Co-Founder & CEO & MD · Master of Business Administration Indian Institute of Management Bangalore

Kapil Bharati — Co-Founder & CTO · Bachelor of Technology IIT Delhi

Truck Khata

Bookkeeping management software for truck owners and agents

est. 2015 · 24,895 staff · raised outside money

Nepal Singh — Co-Founder

Sahil Barua — Co-Founder · Master of Business Administration Indian Institute of Management Bangalore

Policybazaar

Online insurance comparison portal with mobile app to analyze financial products

est. 2008 · 23,679 staff · raised outside money

Manoj Sharma — Co-Founder

Tarun Mathur — Co-Founder & CBO

Tenon Property Services

Traditional security and facility management services provider in India

est. 1995 · 21,396 staff · raised outside money

Rajan Oberoi PPMG VSM — CEO

Ranbaxy Laboratories

Global Generic Pharma with Innovator Alliance

est. 1961 · 17,007 staff · raised outside money

Abhay Gandhi — CEO

Vishal Mega Mart

Vishal Mega Mart: Traditional Retail with Limited Online Expansion

est. 2001 · 16,319 staff · raised outside money

Ram Agarwal — Founder

Vishal Gupta — CEO

Ecom Express

End-to-end logistics solutions for e-commerce industry

est. 2012 · 16,259 staff · raised outside money

Anil Atri — Co-Founder

K Satyanarayana — Co-Founder & Director

Care Health Insurance

Provider of health and travel insurance plans

est. 2012 · 15,899 staff · raised outside money

Anuj Gulati — Managing Director & Chief Executive Officer · IIT Delhi

Satin Creditcare

Satin Creditcare: Microfinance for Urban & Rural Women

est. 1990 · 13,771 staff · raised outside money

H Singh — Managing Director

Lenskart

Lenskart: Eyewear Made Easy

est. 2008 · 10,834 staff · raised outside money

Neha Bansal — Co-Founder · Bachelor of Commerce The University of Delhi

Sumeet Kapahi — Co-Founder · Bachelor of Science The University of Delhi

Times Internet

Building premium digital products to enhance everyday life

est. 1999 · 10,833 staff · raised outside money

Avinash Agrawal —

Soaib Grewal — · Brown University

Honda Motorcycle & Scooter India

Honda's Two-Wheeler Subsidiary in India

est. 2001 · 10,594 staff · raised outside money

Minoru Kato — CEO

Atsushi Ogata — CEO

Max Life Insurance

Max Life Insurance Company Limited

est. 2000 · 10,001 staff · raised outside money

Prashant Tripathy — CEO & MD · BTech Indian Institute Of Technology Kharagpur

V-Mart

Value Fashion Omni-Retailer of Bharat

est. 2002 · 9,826 staff · raised outside money

Lalit Agarwal — Founder & Managing Director

Anusha Kerketta — Co-CEO

UNO Minda

High-end PCB and Box Build Manufacturing Services

est. 1958 · 9,691 staff · raised outside money

Vivek Jindal — CEO

Nirmal K Minda — Managing Director & Chairman

Varun Beverages

Expanding PepsiCo Beverage Distribution Across Emerging Markets

est. 1995 · 8,869 staff · raised outside money

Kapil Agarwal — CEO · IMT Ghaziabad

Ravi Kant Jaipuria — Founder

AYEFin

Addressing credit challenges of unbanked micro enterprises through innovative fin-tech solutions

est. 2014 · 8,819 staff · raised outside money

Sanjay Sharma — Co-Founder & CEO & MD · BTech IIT Bombay

Vikram Jetley — Co-Founder

VVDN

End-to-end electronic product engineering and manufacturing services

est. 2007 · 8,402 staff · raised outside money

Vivek Bansal — Co-Founder · BE Mdu

Puneet Agarwal — Co-Founder & Co-CEO

Dr Lal PathLabs

Expanding Diagnostic Services Across Emerging Markets

est. 1949 · 8,279 staff · raised outside money

Arvind Lal — Managing Director

Om Manchanda — Managing Director · PGDM IIMA

SRF

Long-established and well-respected chemical conglomerate with a diverse product range.

est. 1970 · 7,372 staff · raised outside money

Ashish Bharat Ram — Managing Director

Ashish Bharat Ram — Chairman & Managing Director

SpiceJet

SpiceJet - Indian budget airline with 64 destinations

est. 1984 · 7,131 staff · raised outside money

S Modi — Founder

Ajay Singh — Chairman and Managing Director · MBA Cornell University

Apollo Tyres

Manufactures tyres for automobiles

est. 1972 · 7,046 staff · raised outside money

Onkar S Kanwar — Chairman & CEO

cluster · 1903 companies

Consumer

830 founded since 2018 · 399 funded

Sub-themes

fashion tech · 356logistics tech · 254local services · 250online travel · 199road transport tech · 144social platforms · 122

e.g. Delhivery, Truck Khata, Ecom Express

cluster · 1516 companies

Retail

749 founded since 2018 · 348 funded

Sub-themes

fashion tech · 356beauty tech · 170e-commerce enablers · 150b2b e-commerce · 149home improvements · 107horizontal e-commerce · 90

e.g. Delhivery, Vishal Mega Mart, Ecom Express

cluster · 1431 companies

Enterprise Applications

741 founded since 2018 · 278 funded

Sub-themes

hrtech · 368marketingtech · 296sales force automation · 111enterprise resource planning · 88customer service software · 78adtech · 76

e.g. Global Jobs Club, Kelly Services India, KocharTech

cluster · 1417 companies

Business Services

580 founded since 2018 · 110 funded

Sub-themes

it services · 314marketing services · 288management consulting services · 194hr services · 179facility management services · 97ai services · 75

e.g. Peregrine Guarding, Manpower, APS Group

cluster · 732 companies

Fintech

434 founded since 2018 · 221 funded

Sub-themes

investment tech · 213alternative lending · 167payments · 125finance & accounting tech · 88banking tech · 61internet first insurance platforms · 39

e.g. FreeCharge, Truck Khata, Policybazaar

cluster · 691 companies

Consumer Goods

327 founded since 2018 · 174 funded

Sub-themes

food & beverage products · 169beauty & personal care products · 126apparel brands · 107home furnishing products · 81fashion tech · 74beauty tech · 67

e.g. Lenskart, ENescafe, Maggi

cluster · 683 companies

Real Estate And Construction

287 founded since 2018 · 48 funded

Sub-themes

real estate & infrastructure developers · 137real estate brokers · 104facility management services · 96affordable housing · 88building materials · 73interior designers · 43

e.g. Peregrine Guarding, Pyramid Infratech, APS Group

cluster · 556 companies

Edtech

296 founded since 2018 · 122 funded

Sub-themes

k-12 edtech · 243continued learning · 164higher education tech · 145test preparation tech · 89enterprise resource planning · 42academic tutoring · 24

e.g. CollegeDekho, Xebia Academy, MentorBoxx

cluster · 509 companies

Food And Agriculture Tech

255 founded since 2018 · 150 funded

Sub-themes

online grocery · 243food tech · 176crop tech · 132food & beverage products · 36b2b e-commerce · 30livestock tech · 21

e.g. Zomato, Swiggy Daily, Country Delight

cluster · 476 companies

Healthcare

201 founded since 2018 · 61 funded

Sub-themes

clinics · 62clinic chains · 50home healthcare · 35hospitals · 34services for healthcare providers · 33biopharma outsourcing · 33

e.g. Ranbaxy Laboratories, Dr Lal PathLabs, Agilus Diagnostics

Founder & Background	Role	Company
Sumit Bhatnagar B.E. (Uor) Indian Institute of Technology Roorkee	Chief Executive Officer	FreeCharge
Dinesh Kumar Royal Caterers. Bhim Rao Ambedkar University	Founder	Pyramid Infratech
Sahil Barua Ex-Stayglad, Bain. NIT Karnataka BTech 2006, IIM Bangalore 2008	Co-Founder & CEO & MD	Delhivery
Kapil Bharati Ex-Co-Founder Contify.com, SapientNitro, Co-Founder 11Rupees. IIT Delhi BTech 2000	Co-Founder & CTO	Delhivery
Bhavesh Manglani Ex-Reliance Communication. DA IICT BTech 2006, IIM Calcutta MBA 2008	Co-Founder	Delhivery
Mohit Tandon Ex-Bain. IIT Kanpur 2006	Co-Founder	Delhivery
Suraj Saharan Ex-Bain, ICICI Lombard. IIT Bombay BTech 2005	Co-Founder	Delhivery
Nepal Singh Founder Delhivery	Co-Founder	Truck Khata
Sahil Barua Ex-Stayglad, Bain. NIT Karnataka BTech 2006, IIM Bangalore 2008	Co-Founder	Truck Khata
Kapil Bharati Ex-Co-Founder Contify.com, SapientNitro, Co-Founder 11Rupees. IIT Delhi BTech 2000	Co-Founder	Truck Khata
Mohit Tandon Ex-Bain. IIT Kanpur 2006	Co-Founder	Truck Khata
Suraj Saharan Ex-Bain, ICICI Lombard. IIT Bombay BTech 2005	Co-Founder	Truck Khata
Manoj Sharma Co-Founder PB Fintech, ex-First Europa, Fiamm Minda Automotive. Institute of Chartered Accountants of India CA 2005	Co-Founder	Policybazaar
Tarun Mathur Hulp \| Ex-PolicyBazaar.com,FE Global Technology Services,ebookers,HeroITES \| Indira Gandhi National Open University 2003	Co-Founder & CBO	Policybazaar
Alok Bansal Ex-Mahindra & Mahindra, General Electric, Voltas. Kanpur University BTech 1997, IIM Calcutta PGDM 2001	Co-Founder	Policybazaar
Avaneesh Nirjar Ex-FirstEuropa Services, Cendant ISO, GE Capital International Services, HEROITES. BIT Mesra MBA 1992	Co-Founder & COO	Policybazaar
Yashish Dahiya Ex-Managing Director Ebookers, ITW India. Indian Institute of Technology, Delhi Btech 1994	Co-Founder & Co- CEO	Policybazaar
Sarbvir Singh Ex-Co-Founder Hercules Capital, Capital18, Citi, HomeShop18, Emerson Electric. IIT Delhi 1993, IIM Ahmedabad MBA 1995	Co-CEO	Policybazaar
Rajan Oberoi PPMG VSM Rotopower Projects, Peregrine Guarding.	CEO	Tenon Property Services
Ram Agarwal Founder-Vishal Mega Mart,V2 Retail	Founder	Vishal Mega Mart

backgrounds shown where available

731 investors are on record backing Gurugram companies. The most committed:

Most active — backed 2+ companies

Axis Bank

WestBridge Capital

Brand Capital

Alpha Wave Global

Kedaara

Fidelity Investments

Premji Invest

SBI

Kotak Mahindra Bank

360 One

Temasek

Innoven Capital

Institutional

Brand Capital · VC fundNexus Venture Partners · VC fundInfo Edge Ventures · VC fundElevation Capital · VC fundPeak XV Partners · VC fundSofina · VC fundSoftBank Vision Fund · VC fund108 Capital · VC fundChiratae Ventures · VC fundLok Capital · VC fundTrayi · VC fundDvara Holdings · accelerator / incubatorSequoia Capital · VC fundKochar Group · VC fund+ 72 more

Private & corporate backers

Axis BankWestBridge CapitalAlpha Wave GlobalKedaaraFidelity InvestmentsPremji InvestSBIKotak Mahindra Bank360 OneTemasek+ 635 more

hover a name to see who they backed

Funded startups — peer cities

Gurugram

2,093

Noida

963

112Chandigarh

66Ghaziabad

0Greater Noida

Companies that have raised

Company	Industry	Rounds	Latest Round	Founded
UNO Minda	automotive	5	2021-08	1958
Ibibo Group	internet	1	2016-02	2007
HealthKart	internet	8	2022-11	2011
Varun Beverages	food & beverages	5	2019-09	1995
Shuttl	consumer services	10	2020-02	2015
Magicpin	marketing and advertising	10	2022-01	2015
Micromax Informatics	consumer electronics	3	2012-02	2000
Air Works Group	aviation & aerospace	10	2015-04	1951
Genesis Colors	apparel & fashion	8	2018-07	1998
Biba	retail	5	2020-07	1988
Paras Hospitals	hospital & health care	1	2017-07	2006
Yatra Online	logistics and supply chain	3	2021-09	2006
Orbis	financial services	5	2023-12	2006
Cremica	food production	3	2016-06	1977
Eye-Q	hospital & health care	9	2022-10	2007
CashKaro	internet	6	2022-09	2012
Religare Health Insurance	insurance	1	2020-04	2012
CJ Darcl	logistics	2	2017-08	1975
Ritu Kumar	apparel & fashion	1	2014-04	1969
Dr Lal PathLabs	hospital & health care	3	2021-12	1949
Yu Foodlabs	food production	8	2024-10	2020
Age Care Labs	hospital & health care	2	2024-04
Meddo	health, wellness and fitness	5	2023-05	2018
Procol	business/productivity software	4	2022-09	2018
Trustmore	financial services	9	2023-12	2015

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

Company	Industry	Founded	Employees
Folkun	marketing and advertising	2026	—
Testogram	e-learning	2026	—
BharatTender	information technology and services	2026	—
Juss	food production	2026	—
3Angels	food & beverages	2026	—
Altiv.AI	information technology and services	2026	—
BSHR Consultant	staffing and recruiting	2026	—
Callbaba	hospital & health care	2026	—
Elixiir Foods	food & beverages	2026	—
Frinwal	publishing	2026	—
JantaFlash	internet	2026	—
Slurrp	food & beverages	2026	—
Tealeaf	food & beverages	2026	—
Unbound Lifestyle	cosmetics	2026	—
Zyro India	food & beverages	2026	—
BXV	automotive	2025	—
Hortiprise Software Solutions	computer software	2025	—
Eloura	health, wellness and fitness	2025	—
BRC Management Consultants	accounting	2025	—
Fotomatic	internet	2025	—

The startup picture in Gurugram

FreeCharge

Pyramid Infratech

Delhivery

Truck Khata

Policybazaar

Tenon Property Services

Ranbaxy Laboratories

Vishal Mega Mart

Ecom Express

Care Health Insurance

Satin Creditcare

Lenskart

Times Internet

Honda Motorcycle & Scooter India

Max Life Insurance

V-Mart

UNO Minda

Varun Beverages

AYEFin

VVDN

Dr Lal PathLabs

SRF

SpiceJet

Apollo Tyres

Consumer

Retail

Enterprise Applications

Business Services

Fintech

Consumer Goods

Real Estate And Construction

Edtech

Food And Agriculture Tech

Healthcare

Need to go deeper than a city?