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Prism Geo · India · Rajasthan · Udaipur · The startup picture in Udaipur
Startups · Udaipur

The startup picture in Udaipur

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 backing is real but selective: 48 of 803 tracked companies have ever raised outside money. SkinInspired's $2.9 million Series A shows capital can land, yet the city remains far behind Jaipur's funded-startup depth.

WATCH Watch whether local founders begin attracting repeat rounds from outside investors.
Summary

Formation is energetic but fragile: 287 companies have been founded since 2018, while 12.6% of all tracked companies have shut down. Most ventures remain unfunded, so entrepreneurial breadth is not yet matched by financial depth.

WATCH Watch whether young companies move from formation into durable funding and employment.
Who's building in Udaipur
G R Infraprojects logo
GR

G R Infraprojects

Integrated road construction and manufacturing services

est. 1995 · 16,157 staff · raised outside money
Vinod Agarwal — CEO
Indira IVF Hospital logo
II

Indira IVF Hospital

Affordable, credible IVF services with renowned physicians

est. 1988 · 2,644 staff · raised outside money
Nitiz Murdia — Co-Founder & Managing Director · Indian Institute Of Technology Kharagpur
Wonder Cement logo
WC

Wonder Cement

Tech-Driven Premium Cement Production

est. 2007 · 1,703 staff · raised outside money
Suresh Patni — Managing Director
Kiran Patil — Managing Director · MBA Sikkim Manipal University
Rupitol Finance logo
RF

Rupitol Finance

Lending to underprivileged with innovative tech platform

est. 2018 · 416 staff · raised outside money
Amit Bolia — Founder & Managing Director
GBH American Hospital logo
GA

GBH American Hospital

Top multi-specialty private sector hospital in Udaipur, India

est. 2006 · 322 staff · raised outside money
Prateem Tamboli — Chief Executive Officer - Clinical Operations
Arth Diagnostics logo
AD

Arth Diagnostics

ARTH Diagnostics: Superior Quality Diagnostic Services in Udaipur, India

est. 2012 · 210 staff · raised outside money
Arvinder Singh — Founder & CEO
IEVO logo
I

IEVO

Manufacturer and supplier of furniture for home

est. 2013 · 210 staff · raised outside money
Manan Khetan — Co-Founder
Saurabh Khetan — Co-Founder & Managing Director
Medicentre logo
M

Medicentre

Chain of diagnostic centers

est. 2010 · 182 staff · raised outside money
Manish Seth — Founder
AKME Fintrade logo
AF

AKME Fintrade

Tech Platform for Business Data Analysis and Loan Assistance

est. 1996 · 140 staff · raised outside money
Rajni Gehlot — CFO
Good Dot logo
GD

Good Dot

GoodDot u2013 Innovative Plant-Based Meat Alternatives for a More Humane World

est. 2016 · 98 staff · raised outside money
Deepak Parihar — Co-Founder & CFO
Harish Joshi — Co-Founder & Co-CEO
Be Young logo
BY

Be Young

Beyoung - Affordable and Personalized Fashion for All

est. 2017 · 64 staff · raised outside money
Sakshi Soni — Co-Founder & CMO
Shankar Mali — Co-Founder & COO
Khushi Baby logo
KB

Khushi Baby

Khushi Baby - Technology platform for monitoring and follow-up of maternal and child health at the last mile

est. 2015 · 55 staff · raised outside money
Ruchit Nagar — Founder & CEO
munshiG logo
M

munshiG

Digital Financial Management via Kirana Stores for LMI

est. 2017 · 9 staff · raised outside money
Prateek — Co-Founder & COO
NexGEN Consultancy logo
NC

NexGEN Consultancy

NexGEN: ISO certified tech-enabled solutions provider for Power, Water & Gas domain

est. 1997 · 7 staff · raised outside money
Sanjay Bhardwaj — Founder & CEO
Roopali Bhardwaj — Co-Founder
Jival logo
J

Jival

Brand of drinking water

est. 2017 · 1 staff · raised outside money
Patrick Schlatter — Co-Founder & CTO
Mewar Hospital logo
MH

Mewar Hospital

Mewar Hospitals: Affordable Healthcare Chain in India

est. 1998 · 1 staff · raised outside money
Saurabh Pandey — COO
Angirus logo
A

Angirus

Recycled Wricks: Sustainable & Strong Bricks Made from Waste Material

est. 2020 · raised outside money
Kunjpreet Arora — Co-Founder & CEO
Banyan Roots logo
BR

Banyan Roots

Bridging traditional farmers with health-conscious urban consumers.

est. 2011 · raised outside money
Rohit Jain — Founder · Master Of Computer Applications (M.C.A.) Fergusson College
July Ghatalia — Director
ChicsConnect logo
C

ChicsConnect

Online social network community for women

est. 2016 · raised outside money
Hurratul Maleka Taj — Founder
Batool Sabunwala — Co-Founder
HeyConcrete logo
H

HeyConcrete

Company that specializes in crafting artistic concrete designs

est. 2019 · raised outside money
Shubham Babel — Co-Founder · Bachelor of Technology ICT
Shabbir Rahim — Co-Founder · BTech Malaviya Institute Of Technology
Infinity Sterling logo
IS

Infinity Sterling

Internet first brand offering toaster for home

est. 2019 · raised outside money
Surya Jain — Co-Founder · MBA Harvard University
Lake City Dry Fruits logo
LC

Lake City Dry Fruits

Wholesaler of dry fruits and spices

est. 2008 · raised outside money
Lalit Jain — Owner
Digification logo
D

Digification

Provider of digital marketing training courses and ePortfolio solutions for students and professionals

est. 2015 · raised outside money
Surbhi Jain — Founder & CEO
Memer logo
M

Memer

Mobile app for sharing and editing memes

est. 2018 · raised outside money
Chandramauli Singh — Co-Founder · Indian Institute of Technology Kanpur
The startup landscape, clustered
cluster · 115 companies

Business Services

47 founded since 2018 · 1 funded

Sub-themes
it services · 43marketing services · 39bpo services · 11management consulting services · 6hr services · 5photography services · 5

e.g. Arcgate, E Connect, Fusion Business Solutions

cluster · 82 companies

Consumer

36 founded since 2018 · 5 funded

Sub-themes
fashion tech · 22b2c e-commerce · 11local services · 10professional consumer services · 10social platforms · 7b2c fashion e-commerce · 6

e.g. Be Young, Blub World, Socnet Technologies

cluster · 74 companies

Retail

31 founded since 2018 · 3 funded

Sub-themes
fashion tech · 22b2c e-commerce · 9b2b e-commerce · 7e-commerce enablers · 6b2c fashion e-commerce · 6home improvements · 5

e.g. Mumkins, Obbserv Online Services, Be Young

cluster · 68 companies

Real Estate And Construction

19 founded since 2018 · 5 funded

Sub-themes
building materials · 33real estate & infrastructure developers · 10construction equipment and machinery · 6interior designers · 5architects · 3construction management services · 3

e.g. G R Infraprojects, Wonder Cement, Roljack Asia limited

cluster · 68 companies

Enterprise Applications

26 founded since 2018 · 2 funded

Sub-themes
enterprise resource planning · 15marketingtech · 15hrtech · 12saas · 11k-12 edtech · 9enterprise software · 9

e.g. Five Splash, AdValue, IFW Campus ERP

cluster · 49 companies

Consumer Goods

14 founded since 2018 · 9 funded

Sub-themes
food & beverage products · 17home furnishing products · 11apparel brands · 5fashion accessories · 4household durables · 3footwear brands · 3

e.g. IEVO, Asha Mahila Milk Producer, Good Dot

cluster · 41 companies

Food And Agriculture

14 founded since 2018 · 9 funded

Sub-themes
food & beverage products · 17food processing · 6restaurants · 5food service chains · 4crop inputs · 2food distributors · 2

e.g. Asha Mahila Milk Producer, Good Dot, Indian Phosphate

cluster · 39 companies

Healthcare

7 founded since 2018 · 5 funded

Sub-themes
hospitals · 11clinics · 3clinic chains · 3healthcare foundations · 2hospital chains · 2alternative medicine products · 2

e.g. Indira IVF Hospital, GBH American Hospital, Arth Diagnostics

cluster · 36 companies

Education

6 founded since 2018 · 3 funded

Sub-themes
k-12 schools · 12higher education institutions · 12continuing education centres · 4test preparation centres · 2education ngos · 2academic tutoring · 2

e.g. Geetanjali Institute, Mohanlal Sukhadia University, SPSU

cluster · 36 companies

Travel And Hospitality

11 founded since 2018

Sub-themes
hotels · 16car rentals · 6tour operators · 5travel agencies · 4theme & amusement parks · 1two wheeler rental services · 1

e.g. Ananta Hotels, patel tours n travels, chandra holidays

Business models in play
diversified · 152horizontal · 87internet first brand · 43suite · 40multi-category · 39full service marketing agency · 37b2c commerce · 33multi category · 28application development · 28construction materials · 27marketplace · 21retailer · 20
The people behind them
Founder & BackgroundRoleCompany
Vinod Agarwal
Gr Infraprojects
CEOG R Infraprojects
Nitiz Murdia
Co-Founder & Managing Director-Indira IVF Hospital
Co-Founder & Managing DirectorIndira IVF Hospital
Suresh Patni
S K Patni & Associates. st xavier's college kolkata BCom 1993
Managing DirectorWonder Cement
Kiran Patil
Ex-ACC, Aditya Birla Group, UltraTech Cement, Tata Steel. Sikkim Manipal University MBA 2004
Managing DirectorWonder Cement
Amit Bolia
Rupitol Finance, Mohanlal Sukhadia University, 2002
Founder & Managing DirectorRupitol Finance
Prateem Tamboli
Gbh American Hospital, ex-Geetanjali Hospital Udaipur, ex-Fortis Healthcare, Alok English Medium School , Udaipur, 2008
Chief Executive Officer - Clinical OperationsGBH American Hospital
Arvinder Singh
International Medical Board For Business Skills, ex-Dr Lal Pathlabs, ex-Amolak Diagnostics, KIng George's Medical University
Founder & CEOArth Diagnostics
Manan Khetan
Co-Founder Thehouseofthings, Jyoti Minerals. University of Warwick - Warwick Business School 2006, Cass Business School 2008
Co-FounderIEVO
Saurabh Khetan
Co-Founder & Managing Director-IEVO
Co-Founder & Managing DirectorIEVO
Astha Khetan
Founder The House Of Things, MD Crossroads International School, ex-Hindustan Unilever, AdLINK Media Norge.
Co-FounderIEVO
Manish Seth
Medicentre Sonography And Clinical Lab, J L N MEDICAL COLLEGE AND HOSPITAL, AJMER
FounderMedicentre
Deepak Parihar
Good Dot, ex-Nextep Advisors, ex-Miraj Products, The Institute of Company Secretaries of India, 2004
Co-Founder & CFOGood Dot
Harish Joshi
Ex-Vezlay Foods. APTECH Computer Education MS
Co-Founder & Co-CEOGood Dot
Abhishek Sinha
Ex-Indian Revenue Service, Ministry of Defence of India. Pune University BE, National Academy of Legal Studies & Research (NALSAR)
Co-Founder & Co-CEOGood Dot
Sakshi Soni
Beyoung Folks, Lalchiman.
Co-Founder & CMOBe Young
Shankar Mali
Mohanlal Sukhadia University BCom 2017
Co-Founder & COOBe Young
Shivam Soni
Ex-Shree Jee Enterprises. Mohanlal Sukhadia University BCom 2017
Co-Founder & CEOBe Young
Shivani Soni
Government Senior Secondary School Barisadri BSc 2012
Co-FounderBe Young
Ruchit Nagar
ex-Boston Children's Hospital, Hospital Luis Vernaza. Yale University MPH, Harvard University MD
Founder & CEOKhushi Baby
Sanjay Bhardwaj
Ex- RSEB. ECK BE
Founder & CEONexGEN Consultancy

backgrounds shown where available

Investors active in Udaipur

210 investors are on record backing Udaipur companies. The most committed:

Most active — backed 2+ companies
Institutional
IIM Udaipur Incubation Center · accelerator / incubatorStartup Oasis · accelerator / incubatorIIMA Ventures · VC fundRoots Ventures · VC fundUNI-M · VC fundUnovis Asset Management · VC fundSixth Sense Ventures · VC fundBharat Inclusion Initiative · accelerator / incubatorZ47 · VC fundSoonicorn Ventures · VC fundSocial Alpha · accelerator / incubatorBrigade REAP · accelerator / incubatorempoWer · accelerator / incubatorIIT Mandi Catalyst · accelerator / incubator+ 15 more
Private & corporate backers
Rishabh VerdiaLashit SanghviNikhil VoraSwati MehraLalit SharmaPriyankar SharmaHardik MishraDeepankar SharmaHimanshu DeyAlankrita Shah+ 171 more

hover a name to see who they backed

Venture capital
Funded startups — peer cities
Companies that have raised
CompanyIndustryRoundsLatest RoundFounded
NexGEN Consultancyinformation technology and services12020-091997
Swadeshi Blessingsmanufacturing22023-022020
Namaste Gaononline media12020-032019
PACIFIC ACADEMY OF HIGHER EDUCATION AND RESEARCH UNIVERSITYhigher education02010
AKME Fintradefinancial services01996
Angirusbuilding materials32024-102020
Arth Diagnosticshospital & health care02012
Banyan Rootsfood & beverages02011
Be Youngapparel & fashion22025-082017
BHSnon-profit organization management02023-012012
ChicsConnectinternet12016-102016
Digificationeducation management02015
GBH American Hospitalhospital & health care02006
Memerinternet12018-062018
Gohiggssocial network02017
Good Dotfood & beverages32021-072016
GoPure Natural Ice Creamsservices02015
G R Infraprojectsconstruction12011-031995
HeyConcretebuilding materials02025-072019
IEVOfurniture02013
Indira IVF Hospitalhospital & health care12019-041988
Infinity Sterlingconsumer goods02019
Jivalfood & beverages02017
Jovakifood production02025-102017
Khushi Babyhealth, wellness and fitness02015

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

Founded by year
2026: 4200820264
Stages
Recent founds (2018+)
CompanyIndustryFoundedEmployees
Completiqcomputer software2026
House Of Haldighatifood & beverages2026
Vikrantumcomputer software2026
Zeiko Techmarketing and advertising2026
Anjaneyaa Tech Solutionshuman resources2025
CourseBookeducation2025
MihiVerseelectrical/electronic manufacturing2025
Reetape Technologiescomputer software2025
Wrapstickfood & beverages2025
BUMTINretail2024
The Coldplay Clubapparel & fashion2024
CreatXinternet2024
CxFirstcomputer software2024
Himalayan Water Scienceai2024
Infinity Bits Solutionscomputer software2024
Ludo Vijaytacomputer games2024
Mahadev Gangrene Hospital2024
DOMNOMfood & beverages2024
Easewincomputer games2024
Geckio Paymentfinancial services2024

gate: ≥150 companies & ≥20 recent founds — passed (803/287)

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