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Prism Geo · India · Punjab · Amritsar · The startup picture in Amritsar
Startups · Amritsar

The startup picture in Amritsar

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

Venture funding is the weak link. Only 4 of 363 tracked companies have ever raised outside money, while nearby Chandigarh has 112 funded startups; Amritsar's business base is much deeper than its funding pipeline.

WATCH Watch for repeat fund-raises rather than isolated first cheques.
Summary

Company formation is active, but progression is weak. There are 116 companies founded since 2018, yet just 2 are currently classified as funding raised.

WATCH Watch whether the newer companies survive and progress beyond unfunded status.
Who's building in Amritsar
DeviceMax logo
D

DeviceMax

Cloud-based device management solutions for telecom and enterprise businesses

est. 2011 · 3,580 staff · raised outside money
Tarun Jain — Co-Founder
Vishal Pandey — Co-Founder & Cto
Khurana Jewellers logo
KJ

Khurana Jewellers

Retailer of jewelry

est. 1951 · 243 staff · raised outside money
Prerna Khurana — Owner
Chiranjit Khurana — Co-Founder
WellnessZ logo
W

WellnessZ

B2B SaaS platform for wellness professionals

est. 2023 · raised outside money
Anany Mehra — Co-Founder & CMO
Simarpreet Singh — Founder & CEO · Bachelor of Technology Guru Nanak Dev University
ST

Shakti Tech

Training institute offering practical digital marketing designed to empower individuals and businesses

est. 2005 · raised outside money
ANG Lifesciences logo
AL

ANG Lifesciences

ANG Lifescience: Traditional pharmaceutical manufacturing with modern facilities

est. 2006 · 545 staff
Saruchi Gupta — Co-Founder & Director & Chair Person of CSR
Ravenbhel Healthcare logo
RH

Ravenbhel Healthcare

Innovative Indian pharma company with cutting-edge technology

est. 2003 · 407 staff
Naresh Mahajan — Founder
Kwality Pharmaceutical logo
KP

Kwality Pharmaceutical

Pharmaceuticals manufacturing in Punjab, India

est. 1983 · 347 staff
Ramesh Arora — CEO & MD
Shiv Shakti Astro logo
SS

Shiv Shakti Astro

Provider of astrology and vaastu consultation services

est. 1995 · 210 staff
R Gupta — Founder
Jackson Laboratories logo
JL

Jackson Laboratories

Leading Pharmaceutical Manufacturing Company in India

est. 1980 · 75 staff
Sahil Samra — CEO
Daljit Singh Eye Hospital logo
DS

Daljit Singh Eye Hospital

Premier eye care hospital with a wide reach

est. 1985 · 62 staff
Ravijit Singh — Founder
TI

Techies Infotech

Your trusted and reliable technology partner

est. 2011 · 51 staff
Anurag Byala — CEO
oxo solutions logo
OS

oxo solutions

Software solutions for small to large scale businesses across the globe

est. 2008 · 51 staff
SGS Sandhu — CEO
SGS Sandhu — Founder
Chaman Lal Setia Export logo
CL

Chaman Lal Setia Export

Leading manufacturer-exporter of basmati rice in India

est. 1971 · 32 staff
Chaman Lal Setia — CEO & MD
DRRK Foods logo
DF

DRRK Foods

Rice brand

est. 1967 · 25 staff
Amit Marwaha — CEO & MD
Janta Hospital logo
JH

Janta Hospital

Developer of renewable energy transmission infrastructure

est. 2008 · 23 staff
Sarveshvara Prasad Jaju — Co-Founder & Director
Barkha Jaju — Co-Founder & Director
Papertex logo
P

Papertex

Automated and eco-friendly papermaking solutions

est. 2014 · 16 staff
Sanchit Aggarwal — Managing Director & Owner
SHAKTI POWER SOLUTIONS logo
SP

SHAKTI POWER SOLUTIONS

Repairing services for home appliances and solar products

est. 2008 · 15 staff
Puneet Oberoi — Founder
Dealsshutter logo
D

Dealsshutter

Online deals & coupons platform for easy & economical shopping

est. 2017 · 11 staff
Tarundeep Singh — Co-Founder & CEO
Pashtush logo
P

Pashtush

Internet-first brand of ethnic products for men & women

est. 2017 · 9 staff
Pranav Malhotra — Co-Founder & Managing Director
Muskan Malhotra — Co-Founder & CEO
Amandeep Hospital logo
AH

Amandeep Hospital

Leading Healthcare Service Provider Group in India

est. 1990 · 7 staff
Amandeep Kaur — Co-Founder
Sarbani Foods logo
SF

Sarbani Foods

Manufacturer of basmati rice and other rice products

est. 1975 · 4 staff
Hemant Mittal — Co-Founder & Managing Director
Brij Bhushan Mittal — Co-Founder
Amanaya logo
A

Amanaya

Digital platform for buying and selling gold and silver

est. 2009 · 1 staff
Rajni Mahajan — Director
Bikram Rana — Director
Yuvora logo
Y

Yuvora

Online retailer of certified gold and lab-diamond nose pins and rings

est. 2025
Aashish Arora — Founder
Zeminet logo
Z

Zeminet

Provider of LoRaWAN-based smart water and gas metering end-to-end solutions

est. 2022
Suray Mittal — Founder & Director
The startup landscape, clustered
cluster · 58 companies

Healthcare

7 founded since 2018

Sub-themes
hospitals · 18traditional pharmaceuticals · 7clinics · 6pharmaceutical distributors · 5alternative medicine products · 5clinic chains · 3

e.g. ANG Lifesciences, Ravenbhel Healthcare, Kwality Pharmaceutical

cluster · 45 companies

Business Services

5 founded since 2018

Sub-themes
it services · 14marketing services · 13management consulting services · 3event management services · 2hr services · 2digital transformation services · 2

e.g. Techies Infotech , oxo solutions, ctg security solutions

cluster · 37 companies

Consumer

20 founded since 2018

Sub-themes
fashion tech · 6online travel · 5logistics tech · 5local services · 5road transport tech · 4professional consumer services · 3

e.g. Shiv Shakti Astro, Sikh Accessories, Pashtush

cluster · 30 companies

Retail

16 founded since 2018 · 1 funded

Sub-themes
fashion tech · 6retailers · 5beauty tech · 3food & beverage products · 2coupons and deals · 2e-commerce support services · 2

e.g. supple tek industries, Khurana Jewellers, Dealsshutter

cluster · 29 companies

Consumer Goods

5 founded since 2018

Sub-themes
food & beverage products · 13fashion accessories · 5beauty & personal care products · 4apparel brands · 3internet first brands · 2contract manufacturers · 1

e.g. Wave Beverages, supple tek industries, Chaman Lal Setia Export

cluster · 28 companies

Education

4 founded since 2018 · 1 funded

Sub-themes
k-12 schools · 11higher education institutions · 5continuing education chains · 5continuing education centres · 3educational support services · 2educational regulatory bodies · 1

e.g. iim amritsar, AGC - AMRITSAR GROUP OF COLLEGES, AKAL ACADEMY BASARKE

cluster · 22 companies

Travel And Hospitality

12 founded since 2018

Sub-themes
tour operators · 5hotels · 5travel agencies · 5car rentals · 3travel blogs · 1museums & galleries · 1

e.g. dove travels, City On Pedals, D.S Bhuller Travels

cluster · 20 companies

Food And Agriculture

6 founded since 2018

Sub-themes
food & beverage products · 11food retailers · 2restaurants · 2food processing · 2food distributors · 1online grocery · 1

e.g. Wave Beverages, Chaman Lal Setia Export, DRRK Foods

cluster · 20 companies

Enterprise Applications

4 founded since 2018

Sub-themes
saas · 7enterprise resource planning · 6marketingtech · 6hrtech · 4k-12 edtech · 4enterprise software · 4

e.g. edge infoways pvt. ltd., the sms world, tarunithub

cluster · 13 companies

Edtech

9 founded since 2018

Sub-themes
k-12 edtech · 6continued learning · 4enterprise resource planning · 4higher education tech · 3test preparation tech · 2facility management tech · 1

e.g. BitField Solutions, Daltin, Edugogy

Business models in play
diversified · 56horizontal · 36multi category · 15suite · 15multispecialty hospitals · 14internet first brand · 13full service marketing agency · 13ecommerce · 12single center · 11multi-category · 11marketplace · 10private schools · 10
The people behind them
Founder & BackgroundRoleCompany
Tarun Jain
Devicemax, ex-Kochar Infotech, Walchand Institute of Technology, 2003
Co-FounderDeviceMax
Vishal Pandey
Devicemax, ex-Rapidsoft Systems, ex-Free Lancer, graphic Era Hill University, 2014
Co-Founder & CtoDeviceMax
Jitender Jain
Ex-Navisite, Tech Mahindra. Delhi University BCom 1997
Co-Founder & CEODeviceMax
Chiranjit Khurana
Co-Founder-Khurana Jewellery House
Co-FounderKhurana Jewellers
Uttam Chand Ji
Co-Founder-Khurana Jewellery House
Co-FounderKhurana Jewellers
Anany Mehra
Co-Founder & CMO-WellnessZ | Ex-Teamanatin | Guru Nanak Dev University BBA
Co-Founder & CMOWellnessZ
Simarpreet Singh
Founder & Technical CEO-WellnessZ | Guru Nanak Dev University BTech
Founder & CEOWellnessZ
Saruchi Gupta
Guru Nanak Dev University
Co-Founder & Director & Chair Person of CSRANG Lifesciences
Naresh Mahajan
Founder-Ravenbhel Healthcare
FounderRavenbhel Healthcare
Ramesh Arora
CEO & MD-Kwality Pharmaceuticals
CEO & MDKwality Pharmaceutical
Sahil Samra
Jackson Laboratories, University of Bristol, 2006
CEOJackson Laboratories
Puneet Oberoi
DAV institute of Engineering and Technology, Jalandhar
FounderSHAKTI POWER SOLUTIONS
Tarundeep Singh
Value Creatives
Co-Founder & CEODealsshutter
Pranav Malhotra
Shaheed Sukhdev College Of Business Studies, University of Delhi BBS 2012
Co-Founder & Managing DirectorPashtush
Muskan Malhotra
Ex- Marino Shawls, Muskan Enterprises. Central Saint Martins, University of The Arts London
Co-Founder & CEOPashtush
Rajni Mahajan
Sarvvayapi Nidhi
DirectorAmanaya
Aashish Arora
Founder-Yuvora,Panjab Jewelry | Ex-MYBUDDY,Siddharth Jewellers
FounderYuvora
Sahibpreet Singh
Amritsar Online, ex-Value Creatives, University of Leicester, 2017
FounderAmritsaronline
Naveen Arya
Ayurvedayogashram ex- Ayurveda Yogashram. SLN Ayurvedic college BAMS 1995
CEOAyurveda Yogashram
Gagandeep Singh Bhatia
Booking Champs, ex-Zuzu Hospitality Solutions, ex-Ecom Mechanics, Sikkim Manipal University of Health, Medical and Technological S
CEO - Booking Champs (Hotel's Profit Optimizer)Booking Champs

backgrounds shown where available

Investors active in Amritsar

58 investors are on record backing Amritsar companies. The most committed:

Institutional
Kochar Group · VC fund
Private & corporate backers
RattanpolymersShreepati GroupR.k. InvestmentJumbo MarketingLancer ConstructionTushar IndiaNew Outlook SecuritiesBhaskar Fund ManagementZenith AutomotiveVictory Software+ 47 more

hover a name to see who they backed

Venture capital
Funded startups — peer cities
Companies that have raised
CompanyIndustryRoundsLatest RoundFounded
Khurana Jewellersluxury goods & jewelry42012-031951
DeviceMaxtelecommunications0—2011
Shakti Techprofessional training & coaching02010-022005
WellnessZhealth, wellness and fitness12024-032023

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

Founded by year
2025: 1200820251
Stages
Recent founds (2018+)
CompanyIndustryFoundedEmployees
Yuvoraluxury goods & jewelry2025—
Dial India 360internet2024—
Gonnaintradingfood & beverages2024—
Gur Fatehnon-profit organization management2024—
Homeopathic Sexologisthealth, wellness and fitness2024—
PetJoyconsumer goods2024—
Khiddowalihealth, wellness and fitness2024—
Collectiblesconsumer goods2024—
Narayana Group of Schoolseducation management2024—
Om.AIhealth, wellness and fitness2024—
SENCcomputer games2024—
Tabyadarreligious institutions2024—
Valency Energyrenewables & environment2024—
Webgalaxy Moverslogistics and supply chain2024—
D.S Bhuller Travelsleisure, travel & tourism2023—
City Medicine Cornerpharmaceuticals2023—
Daltineducation management2023—
E-Rickshaw Booking Apptransportation/trucking/railroad2023—
First Trip Holidaysleisure, travel & tourism2023—
Goldmine Capitalsfinancial services2023—

gate: ≥150 companies & ≥20 recent founds — passed (363/116)

← Amritsar overviewWhat problems are increasing?What diseases are rising?What projects is my government investing in?What companies are hiring?What skills are in demand?Which industries dominate?

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