The startup picture in Nashik

Venture funding exists, but it is shallow for a city with 1120 tracked companies: only 67 have ever raised outside money. Indore's nearby comparison count is 181, underlining Nashik's gap.

Startups in Nashik - 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.

Reliable Autotech

Sheet-metal Component Manufacturing for Automotive and Construction

est. 1985 · 3,000 staff · raised outside money

Devendra Bapat — Co-Founder

Amol Chitnis — Co-Founder

Ashoka Buildcon

Ashoka Buildcon: A Leading Highway Developer in India

est. 1976 · 2,296 staff · raised outside money

Sanjay Londhe — CEO & Director

Ashok Katariya — Founder

Sahyadri Farms

Integrated Sustainable Agriculture & Export Facility

est. 2011 · 1,435 staff · raised outside money

Vilas Shinde — Managing Director

ESDS

Managed cloud service for diversified industries with global clients

est. 2005 · 1,100 staff · raised outside money

Piyush Somani — Founder & CEO & MD · Savitribai Phule Pune University

Winjit

Global AI-Driven Engineering Solutions

est. 2004 · 916 staff · raised outside money

Ashwin Kandoi — Co-Founder

Abhijit Junagade — Co-Founder & CEO · MBA Nirma University

Sula Vineyards

Vineyard that produces and sells wine, offers hospitality and wine courses

est. 1999 · 777 staff · raised outside money

Rajeev Samant — Founder & CEO · Stanford University

Fortuna Engineering

Leading manufacturer of engine connecting rods and camshafts in India.

est. 1993 · 750 staff · raised outside money

Suriya Narayanan — CEO

Rishabh

Manufacturer of test and measuring instruments and industrial control products

est. 1985 · 551 staff · raised outside money

Narendra Goliya — Founder

Dinesh Musalekar — CEO · BE Karnatak University

Zenith Metaplast

Manufacturer of plastic injection moulding, sheet metal, soft luggage, and aluminium die castings

est. 1994 · 373 staff · raised outside money

Venugopal N — Managing Director

Mitra

Manufacturing and Sales of Spraying Machine- A farmer friendly initiative

est. 2012 · 302 staff · raised outside money

Jaspinder Bajaj — Founder

Jagpreet Pabla — Co-Founder

Polygenta

Chemical recycling of PET bottles into high-quality yarn and chips

est. 1981 · 286 staff · raised outside money

Sudhindra Rao — CEO

Aress

Technology that impacts business

est. 1999 · 242 staff · raised outside money

Vrushali Udayshankar — Co-Founder & COO

Rahul Malhotra — Co-Founder & CEO

Datar Genetics

A world-leading molecular oncology facility offering advanced cancer treatment solutions.

est. 1992 · 175 staff · raised outside money

Rajan Datar — Founder · Savitribai Phule Pune University

Pawar Electro Sytems

Manufacturer of laboratory and blood banking instruments

est. 1997 · 97 staff · raised outside money

Kailas Pawar — Founder & managing director

Thakkers Developers

Real Estate Development Company

est. 1962 · 92 staff · raised outside money

Rajendra Thakker — CEO & MD

Papervikreta

Online invoice management solution

est. 2016 · 84 staff · raised outside money

Ashish Tayade — Co-Founder & CTO

Harshal Alkari — Co-Founder & CEO

Pangea Guides

Travel and Tourism App

est. 2008 · 41 staff · raised outside money

Rahul Bansode — Co-Founder & Director

Revamp Moto

Customizable electric 2 wheeler mobility solutions

est. 2020 · 29 staff · raised outside money

Jayesh Tope — Co-Founder & Managing Director

Pushkaraj Salunke — Co-Founder & CTO

TAS PowerTek

Innovative and technology-driven solutions for industrial automation

est. 2003 · 22 staff · raised outside money

Tushar Mogre — CEO & MD

Arrow Textiles

Garment Trim Supplier with innovative products and real-time info

est. 1983 · 21 staff · raised outside money

Chand Arora — CEO & MD

Karda Construction

Anuradha Theater: Traditional Entertainment Hub

est. 1994 · 21 staff · raised outside money

Naresh Karda — Founder & Managing Director

Datachamps

deep capabilities in agile MVP development across technologies includings Blockchain, AI/ML, and IoT

est. 2021 · 20 staff · raised outside money

Chetan Mantri — Co-Founder · CA ICAI

Ameya Pimpalkhare — Co-Founder · MSc University of Nottingham

Krushak Mitra

Improving farmer's livelihoods with direct-to-consumer fresh produce supply and support services.

est. 2018 · 18 staff · raised outside money

Shrirang Sirsikar — Co-Founder · Indian Institute of Management Mumbai

PDRL

Passenger Drone Research Lab: Innovating Actionable Insights from Drone Data

est. 2018 · 16 staff · raised outside money

Anil Chandaliya — Founder & CEO

cluster · 105 companies

Business Services

38 founded since 2018 · 3 funded

Sub-themes

it services · 48marketing services · 29bpo services · 6iot services · 4erp services · 4management consulting services · 4

e.g. Aress, Vishnu Solutions, Minitek Systems

cluster · 103 companies

Food And Agriculture Tech

56 founded since 2018 · 13 funded

Sub-themes

crop tech · 67online grocery · 25food tech · 16b2b e-commerce · 4chemicals tech · 4livestock tech · 4

e.g. Mrigdhara Agro, Business Plus Agro Sales CRM, Farmsons Agri Solutions

cluster · 92 companies

Healthcare

27 founded since 2018

Sub-themes

hospitals · 22clinics · 16clinic chains · 8biopharma outsourcing · 8pharmaceutical distributors · 5traditional pharmaceuticals · 4

e.g. Delta Finochem, Dvijay Pharma, SMBT

cluster · 85 companies

Food And Agriculture

30 founded since 2018 · 5 funded

Sub-themes

food processing · 14food & beverage products · 13food distributors · 12crop equipment · 9alcoholic beverage products · 7crop inputs · 6

e.g. Sahyadri Farms, Sula Vineyards, Sula Vineyards

cluster · 74 companies

Consumer

40 founded since 2018 · 4 funded

Sub-themes

wedding tech · 12local services · 12matchmaking · 11road transport tech · 10fashion tech · 10logistics tech · 8

e.g. Autocop Trackpro, NASH Robotics and Automation Pvt Ltd Nashik, Application Nexus

cluster · 68 companies

Enterprise Applications

35 founded since 2018 · 5 funded

Sub-themes

hrtech · 15marketingtech · 14enterprise resource planning · 13sales force automation · 7manufacturing tech · 5k-12 edtech · 5

e.g. PT Connect, Datachamps, Byte Elephants Technologies

cluster · 61 companies

Retail

41 founded since 2018 · 4 funded

Sub-themes

b2b e-commerce · 12fashion tech · 10consumer electronics e-commerce · 7beauty tech · 7horizontal e-commerce · 5retailers · 4

e.g. RIO, The Carriall, The Purchase House

cluster · 60 companies

Industrial Goods And Manufacturing

8 founded since 2018 · 7 funded

Sub-themes

manufacturing services · 33industrial automation equipment · 14manufacturing tech · 5contract manufacturers · 4industrial air conditioning systems · 3packaging machinery · 2

e.g. Rishabh, Bedmutha Industries, Koso India

cluster · 59 companies

Real Estate And Construction

19 founded since 2018 · 4 funded

Sub-themes

real estate & infrastructure developers · 19building materials · 9construction contractors · 8construction equipment and machinery · 7facility management services · 3architects · 3

e.g. Ashoka Buildcon, B. P. Sangle Constructions, HCPL

cluster · 56 companies

Fintech

31 founded since 2018 · 6 funded

Sub-themes

finance & accounting tech · 20investment tech · 16payments · 9banking tech · 6alternative lending · 4hrtech · 2

e.g. RichLiveTrade, Netwin, Papervikreta

Founder & Background	Role	Company
Mandar Sadhu Ex - Reliable Autotech, CIE Automotive India, Endurance Technologies. Savitribai Phule Pune University Bachelor's degree, Business	CCO	Reliable Autotech
Atul Borgaonkar Ex - Reliable Autotech, Simmonds Marshall, Corona Bus Manufacturers, Teksons. Shivaji University Bachelor of Engineering (BE), Pro	Chief Operating Officer	Reliable Autotech
Vilas Shinde Dr. Annasaheb Shinde College of Agriculture Eng., Rahuri	Managing Director	Sahyadri Farms
Piyush Somani CCICI, eUKhost, WebHosting UK, WebHosting UK. Savitribai Phule Pune University 2002	Founder & CEO & MD	ESDS
Ashwin Kandoi Ex-Asea Brown Boveri, Ashok Modi & Co.	Co-Founder	Winjit
Abhijit Junagade Ex-Hexaware Technologies. Thomsons Rivers University, BC, Canada BTech 1999, Nirma University MBA 2004	Co-Founder & CEO	Winjit
Rajeev Samant Ex-Oracle. Stanford University MS 1990	Founder & CEO	Sula Vineyards
Dinesh Musalekar LUMEL, ex-OTIS ELEVATOR CO, TL Jones India, Avire. Karnatak University BE 1993, University of Mumbai MBA 1999.	CEO	Rishabh
Devneet Bajaj Ex-Founder MITRA,Paine Schwartz Partners,Citigroup,Salomon Smith Barney \| USC Marshall School of Business BFin 2003,INSEAD MBA 201	Founder & CEO	Mitra
Vrushali Udayshankar Co-Founder & COO-Aress Software \| Ex-Siemens	Co-Founder & COO	Aress
Rahul Malhotra Co-Founder & CEO-Aress Software \| Savitribai Phule Pune University BE 1993,National Law University, Jodhpur MS 2014	Co-Founder & CEO	Aress
Rajan Datar Savitribai Phule Pune University 1982	Founder	Datar Genetics
Rahul Bansode Application Nexus Webservices, ex-Reliance Mediaworks, ex-Net3global, University of Pune, 2004	Co-Founder & Director	Pangea Guides
Jayesh Tope Co-Founder & CEO-Revamp Moto \| Ex-Mahindra Group,Nikola racing,Team Brahmastra Racing \| KK Wagh Education Societys College of Engi	Co-Founder & Managing Director	Revamp Moto
Pushkaraj Salunke Co-Founder & CTO-Revamp Moto \| Ex-IndiaFIRST Robotics, a Division of Habib Animatos \| NDMVP Samajs Nashik Engineering College,Shiv	Co-Founder & CTO	Revamp Moto
Pritesh Mahajan Co-Founder-Revamp Moto \| Ex-PrimeChem Technology,SBI,Narmada Udyog \| Savitribai Phule Pune University BE 2014,University of Readin	Co-Founder	Revamp Moto
Tushar Mogre Ex-Tushar Mogre's Power & Energy Consultancy, MD RMS Automation Systems, Siemens. Victoria Jubilee Technical Institute BE 1985, Bu	CEO & MD	TAS PowerTek
Naresh Karda Karda Constructions, Dr gujar sub hash high school devlali	Founder & Managing Director	Karda Construction
Chetan Mantri Ruby Consulting. ICAI CA	Co-Founder	Datachamps
Ameya Pimpalkhare Maharashtra Institute of Technology BE 2011, University of Nottingham MSc 2013	Co-Founder	Datachamps

backgrounds shown where available

532 investors are on record backing Nashik companies. The most committed:

Most active — backed 2+ companies

Innoeversity

Maharashtra State Innovation Society

BIRAC

Vivek Jain

BizdateUp

LetsVenture

Venture Catalysts

Social Alpha

SINE

GEF Capital Partners

Prateek Jain

Anupam Agarwal

Institutional

Innoeversity · accelerator / incubatorMaharashtra State Innovation Society · accelerator / incubatorVenture Catalysts · VC fundSocial Alpha · accelerator / incubatorSINE · accelerator / incubatorC-CAMP · accelerator / incubatorIIMA Ventures · VC fundThe Stepup Ventures · accelerator / incubatorCanbank Venture Capital Fund · VC fundLucky Investment Managers · VC fundP4 Capital · VC fundVisVires Capital · VC fundDSG Consumer Partners · VC fundHaystack · VC fund+ 49 more

Private & corporate backers

BIRACVivek JainBizdateUpLetsVentureGEF Capital PartnersPrateek JainAnupam AgarwalDeepak AgrawalGlobal Environment FundAshwin Kandoi+ 459 more

hover a name to see who they backed

Funded startups — peer cities

Indore

181

Thane

161

Nagpur

108

Bhopal

67Nashik

Companies that have raised

Company	Industry	Rounds	Latest Round	Founded
Zenith Metaplast	plastics	0	—	1994
Yashodeep Agrovet	farming	0	—	2024
Aress	information technology and services	0	2020-10	1999
Arrow Textiles	mechanical or industrial engineering	0	—	1983
Artfills	performing arts	0	2022-05	2018
Ashoka Buildcon	construction	1	2019-01	1976
Ashoka Concessions	construction	0	—	2011
BAAS Technologies	aviation & aerospace	0	2025-11	2024
BhuMeet	aviation & aerospace	0	—	2024
Carver Farms	food production	0	—	2017
Celebrating Farmers	farming	0	—	2021
Cupid	personal products	1	2023-12	1993
Datachamps	computer software	2	2024-04	2021
Datar Genetics	biotechnology	1	2024-08	1992
Dobiee Foods	food & beverages	2	2023-01	2020
DruFarm	farming	0	2025-10	2017
EasyFi	telecommunications service providers	0	2019-03	2018
Enverden Labs	research	0	—	2016
ePocket	financial services	1	2016-10	2015
ESDS	information technology and services	7	2024-10	2005
FlyLab Solutions	farming	1	2023-12	2022
Fortuna Engineering	automotive	0	2026-04	1993
Fuzen	computer software	1	2024-12	2022
REAL	information technology and services	0	—	2015
Cleevo	retail	2	2026-03	2022

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

Company	Industry	Founded	Employees
Inveda	computer software	2026	—
NashikKumbhMela.org	religious institutions	2026	—
Crafty	retail	2025	—
DealZen	internet	2025	—
BridgeCore Group	accounting	2025	—
Loopin	internet	2025	—
Medola	hospital & health care	2025	—
OKBarter	internet	2025	—
Rochak	entertainment	2025	—
Shree Trading Academy	financial services	2025	—
Social Hype	internet	2025	—
Trigona	mechanical or industrial engineering	2025	—
Wautomate Limited	information technology and services	2025	—
Yashodeep Agrovet	farming	2024	—
BAAS Technologies	aviation & aerospace	2024	—
Batroot Industries	renewables & environment	2024	—
BhuMeet	aviation & aerospace	2024	—
Bio Fizz	biotechnology	2024	—
Blockly Technologies	information technology and services	2024	—
BRNetinfo	internet	2024	—

The startup picture in Nashik

Reliable Autotech

Ashoka Buildcon

Sahyadri Farms

ESDS

Winjit

Sula Vineyards

Fortuna Engineering

Rishabh

Zenith Metaplast

Mitra

Polygenta

Aress

Datar Genetics

Pawar Electro Sytems

Thakkers Developers

Papervikreta

Pangea Guides

Revamp Moto

TAS PowerTek

Arrow Textiles

Karda Construction

Datachamps

Krushak Mitra

PDRL

Business Services

Food And Agriculture Tech

Healthcare

Food And Agriculture

Consumer

Enterprise Applications

Retail

Industrial Goods And Manufacturing

Real Estate And Construction

Fintech

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