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Startups · Kolkata

The startup picture in Kolkata

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 exists, but Kolkata is far behind bigger Indian startup hubs. Only 625 of 10301 tracked companies ever raised outside money, against Bengaluru's 6023 funded startups. The city has investors and founders, yet capital depth remains the clear weakness.

WATCH Watch whether seed and later-stage funding begins to catch up with company formation.
Summary

Company creation is lively, but durability and funding are uneven. There are 3173 companies founded since 2018, while 13.2% of all tracked companies have shut down; unfunded businesses greatly outnumber those at seed or funding-raised stages.

WATCH Watch whether newer companies survive long enough to attract outside capital.
Who's building in Kolkata
Bandhan Bank logo
BB

Bandhan Bank

Microfinance Banking for Inclusive Growth

est. 2014 · 82,070 staff · raised outside money
Chandra Ghosh — Founder
Partha Sengupta — CEO & Managing Director
Allahabad Bank logo
AB

Allahabad Bank

Allahabad Bank: Traditional Banking Services

est. 1865 · 23,210 staff · raised outside money
Usha Ananthasubramanian — CEO & MD
UCO Bank logo
UB

UCO Bank

UCO Bank Digital Transformation Initiative

est. 1943 · 21,456 staff · raised outside money
Ashwani Kumar — CEO & Managing Director
Arohan logo
A

Arohan

Arohan Financial Services: Empowering the Underserved in India

est. 2006 · 10,738 staff · raised outside money
Vineet Rai — Founder & Chairman
Wim Beek — Executive Director
ITC logo
I

ITC

ITC: A Diversified Indian Conglomerate with Sustainability Focus

est. 1910 · 10,286 staff · raised outside money
Sanjiv Puri — Managing Director · Indian Institute of Technology Kanpur
Shree Cement logo
SC

Shree Cement

Shree Cement: Innovative Approach in India's Cement Industry

est. 1979 · 9,728 staff · raised outside money
Prashant Bangur — Managing Director
Hari Mohan Bangur — CEO & MD
Shyam Steel logo
SS

Shyam Steel

Shyam Steel: A Legacy of Quality TMT Bar Manufacturing

est. 1953 · 6,365 staff · raised outside money
Shyam Sunder Beriwala — Co-Founder
Shriram Beriwal — Co-Founder
CESC logo
C

CESC

Electric utility company

est. 1879 · 6,320 staff · raised outside money
Rabi Chowdhury — Managing Director
Rabi Chawdhury — Managing Director
Gloster logo
G

Gloster

Established Jute Manufacturing Company with Steady Operations

est. 1992 · 5,978 staff · raised outside money
Dharam Chand Baheti — Chairman & CEO
Wow Momo logo
WM

Wow Momo

Innovative tech-based traditional food chain

est. 2008 · 5,836 staff · raised outside money
Shah Rahman — Co-Founder & Chief Finance & Operating Officer · BCom St. Xaviers College
Binod Homagai — Co-Founder & COO · BCom St. Xaviers College
Century Plyboards logo
CP

Century Plyboards

Century Plyboards: Redefining Indian Realty with Trusted Plywood & Veneers

est. 1986 · 5,609 staff · raised outside money
Sanjay Agarwal — Co-Founder
Exide Industries logo
EI

Exide Industries

Exide - Innovation in Lead-Acid Storage Batteries for 7 Decades

est. 1947 · 5,100 staff · raised outside money
Ramanathan T V — Co-CEO
Subir Chakraborty — Co-CEO
Baazar Kolkata logo
BK

Baazar Kolkata

Value retail chain offering a wide range of products in eastern India.

est. 2002 · 4,997 staff · raised outside money
Manoj Khemka — Founder & Managing Director
Abhishek Khemka — CEO & Director
Simplex Infrastructures logo
SI

Simplex Infrastructures

Diversified Construction Services with Traditional Strength

est. 1924 · 4,465 staff · raised outside money
A K Chatterjee — CEO
Berger Paints logo
BP

Berger Paints

Berger Paints - Multinational Paint Company with Strong Domestic Presence

est. 1923 · 4,390 staff · raised outside money
Abhijit Roy — CEO & Managing Director
Britannia logo
B

Britannia

Heritage Indian biscuit company with global presence

est. 1892 · 4,144 staff · raised outside money
Varun Berry — Managing Director
Rajneet Singh Kohli — Co-CEO
Rohit Ferro-Tech logo
RF

Rohit Ferro-Tech

Integrated Ferro Alloy & Stainless Steel Production with Captive Power

est. 2000 · 3,750 staff · raised outside money
Suresh Kumar Patni — Founder & Chairman
Shyam Metalics logo
SM

Shyam Metalics

Shyam Metalics: A Leading Integrated Metal Producer in India

est. 1991 · 3,623 staff · raised outside money
Brij Agarwal — Managing Director & Chairman · Business/Commerce, General Caluniv
Emami Group logo
EG

Emami Group

Diversified conglomerate operating across multiple industries

est. 1974 · 3,289 staff · raised outside money
Radhe Shyam Goenka — Co-Founder
Radhe Shyam Agarwal — Co-Founder
A R C logo
AR

A R C

A leading ISO 9001-2015 accredited Surface Transport Organization in India.

est. 1972 · 3,209 staff · raised outside money
Ramkumar Goel — Founder & Managing Director
Vikram Solar logo
VS

Vikram Solar

Vikram Solar - India's largest solar module manufacturer with focus on reliability

est. 2005 · 3,129 staff · raised outside money
Ulpi Gupta — CEO & Director
Ivan Saha — Chief Executive Officer
Skipper logo
S

Skipper

Leading Transmission & Distribution Structures Manufacturer with IT-enabled Operations

est. 1981 · 3,083 staff · raised outside money
Sajan Kumar Bansal — CEO & MD
Double Bull Cement logo
DB

Double Bull Cement

NU Vista Cement Expansion

est. 2007 · 2,826 staff · raised outside money
Vivek Chawla — CEO
Shalimar Group logo
SG

Shalimar Group

Traditional Poultry Industry with Expansion into Various Segments

est. 1994 · 2,814 staff · raised outside money
Dinaz Somani — Owner
The startup landscape, clustered
cluster · 1584 companies

Business Services

394 founded since 2018 · 31 funded

Sub-themes
it services · 590marketing services · 385hr services · 106management consulting services · 93bpo services · 67facility management services · 60

e.g. S&IB Services, Xplore Tech Services, Orion Corporate Alliance

cluster · 1021 companies

Consumer

461 founded since 2018 · 46 funded

Sub-themes
fashion tech · 253local services · 122b2c e-commerce · 101professional consumer services · 85logistics tech · 76road transport tech · 67

e.g. Cleaning Arts, Sahaj Retail, Inscript

cluster · 996 companies

Retail

449 founded since 2018 · 60 funded

Sub-themes
fashion tech · 254wholesalers · 88horizontal e-commerce · 86b2b e-commerce · 64beauty tech · 64retailers · 61

e.g. Big Mart Retail, Baazar Kolkata, Senco Gold And Diamonds

cluster · 749 companies

Consumer Goods

176 founded since 2018 · 83 funded

Sub-themes
food & beverage products · 208fashion accessories · 128apparel brands · 115beauty & personal care products · 72home furnishing products · 68fashion tech · 31

e.g. Meghdoot Steel Furniture, Emami, Savlon

cluster · 627 companies

Enterprise Applications

269 founded since 2018 · 30 funded

Sub-themes
hrtech · 137marketingtech · 116enterprise resource planning · 83saas · 62enterprise software · 56sales force automation · 50

e.g. Financejunction, Mjunction, Valuejunction

cluster · 594 companies

Real Estate And Construction

108 founded since 2018 · 41 funded

Sub-themes
real estate & infrastructure developers · 122building materials · 112real estate brokers · 90facility management services · 56interior designers · 56construction management services · 38

e.g. Apeejay Surrendra Group, S&IB Services, Tata Tiscon

cluster · 485 companies

Food And Agriculture

136 founded since 2018 · 62 funded

Sub-themes
food & beverage products · 184food processing · 56food distributors · 54food service chains · 51food retailers · 20restaurants · 18

e.g. Wow Momo, Wow Momo Foods, Britannia

cluster · 443 companies

Investment Industry

37 founded since 2018 · 3 funded

Sub-themes
private equity funds · 300venture capital funds · 61investment banks · 28accelerators & incubators · 24investment research services · 11investment consultants · 10

e.g. RPSG Ventures, Gulmohar Distributors, FreeFlow

cluster · 436 companies

Financial Services

90 founded since 2018 · 35 funded

Sub-themes
asset management · 94consumer and sme loans · 83finance & accounting services · 74brokers and dealers · 44services for investment industry · 39service providers to banks · 23

e.g. Bandhan Bank, Allahabad Bank, UCO Bank

cluster · 432 companies

Healthcare

121 founded since 2018 · 37 funded

Sub-themes
hospitals · 57clinics · 52clinic chains · 39traditional pharmaceuticals · 37home healthcare · 35pharmaceutical distributors · 28

e.g. Savlon, B M Birla Heart Research Centre, Frank Ross

Business models in play
diversified · 1782horizontal · 1240multi category · 508internet first brand · 479suite · 375application development · 375full service marketing agency · 361multi-category · 326retailer · 308buyout funds · 296b2c commerce · 278marketplace · 236
The people behind them
Founder & BackgroundRoleCompany
Vineet Rai
Co-Founder Intellecap,CEO Aavishkaar Capital| Ex-Villgro Innovations Foundation
Founder & ChairmanArohan
Sanjiv Puri
ITC Hotels, ITC Infotech, Surya Nepal. IIT Kanpur 1985
Managing DirectorITC
Shah Rahman
Ex-PwC, BDO India. St. Xavier's College BCom 2008
Co-Founder & Chief Finance & Operating OfficerWow Momo
Binod Homagai
Co-Founder & COO-Wow! Momo Foods | St. Xavier's College, Kolkata BCom 2008
Co-Founder & COOWow Momo
Murali Krishnan
Ex-Lowe Lintas, Lowe Lintas and Partners, Inner Circle Advertising. St. Xaviers' College Kolkata BCom 2008
Co-Founder & CMOWow Momo
Sagar Daryani
Co-Founder & CEO-Wow! Momo Foods | St. Xavier's College, Kolkata BCom 2008
Co-Founder & CEOWow Momo
Mithun Appaiah
CEO-Wow! Momo Foods | Ex-Innovative Foods,iD Fresh Food,Britannia Industries | SDM College of Business Management BS 2001,IFIM Ins
Chief Executive OfficerWow Momo
Abhishek Khemka
Sri Daulatram Nopnay Vidhyalaya Bachelor of Commerce 1999
CEO & DirectorBaazar Kolkata
Brij Agarwal
Managing Director & Chairman-Shyam Metalics,ICC | University of Calcutta BCom
Managing Director & Chairman Shyam Metalics
Radhe Shyam Goenka
Indian Cancer Society, MCCI, Sri Sri Academy.
Co-FounderEmami Group
Ivan Saha
Vikram Solar, ex-Renew Power, ex-Moserbaer Photovoltaic, Indian Institute of Technology, Kanpur, 1994
Chief Executive OfficerVikram Solar
Rajshankar Ray
Operating Partner - India Resurgence Fund. Indian Institute Of Technology Kharagpur Bachelor of Technology 1987
CEO & MDIFB Industries
Gaurav Jalan
Ex-Avant Garde Wealth Management, Fidelity International, Bain. Amherst College BA 2001, Columbia Business School MBA 2006
Co-Founder & CEOmPokket
Naresh Jalan
Managing Director-Ramkrishna Forgings Limited
Managing DirectorRamkrishna Forgings
Kuldip Maity
Calcutta University, Kolkata
CEO & Managing DirectorVFS Capital
Swapan Bhattacharya
Ex-Chatterjee Soros, Paine Webber, US Nuclear Regulatory Commission. Northwestern University MBA 1987
CEO & MDTCG Lifesciences
Ritu Mittal
Getecom Com, Delhi University, 2019
Co-FounderSuraksha Diagnostics
Somnath Chatterjee
Ex-McKinsey, TCS. IIT Kharagpur BTech 2003, IIM Calcutta PGDM 2007
Co-FounderSuraksha Diagnostics
Raju Rajgarhia
Managing Director-Mata
Managing DirectorMata
Viresh Oberoi
Co-Founder Corpseed, Unizap, L&T-SuFin, Confederation of Indian Industry. IIM Ahemdabad MEP 1991
FounderFinancejunction

backgrounds shown where available

Investors active in Kolkata

708 investors are on record backing Kolkata companies. The most committed:

Most active — backed 2+ companies
Institutional
Atma Ram Builders · VC fundLok Capital · VC fundCaspian · VC fundAavishkaar Capital · VC fundGoodwell Investments · VC fundTelnet Ventures · VC fundGrayCell Ventures · VC fundHaystack · VC fundExponentiator Strategic Ventures · VC fundDominor · VC fundNature Eco Ventures · VC fundParekh Marketing · VC fundAnicut Capital · VC fundGrand Anicut Angel Fund · VC fund+ 16 more
Private & corporate backers
Societe GeneraleIndia Capital GrowthBlueOrchardBrand CapitalMorgan StanleyBlackRockInvesco Mutual FundHinduja Leyland Finance3A Financial ServicesAltius Investech+ 668 more

hover a name to see who they backed

Venture capital
Funded startups — peer cities
Companies that have raised
CompanyIndustryRoundsLatest RoundFounded
Exide Industriesautomotive22011-061947
CESCutilities12014-101879
Tega Industriesmining & metals22013-011976
Jupitermedia production62024-071999
Apeejay Surrendrahospitality22022-091910
Suraksha Diagnosticshospital & health care22016-122005
MEDICA Superspecialty Hospitalhospital & health care62021-112007
Prabhujifood & beverages12024-111958
Fountain Head Mercantileswholesale62014-031991
Shyam Steelmining & metals12008-031953
SRMB Steelbuilding materials32016-071951
CDEmachinery12019-072006
Khadim'sretail12013-091965
Techno Electric & Engineeringconstruction22018-021963
Senco Gold And Diamondsluxury goods & jewelry22022-041994
Crystal Grouplogistics and supply chain42017-032007
EFRACresearch32015-031921
Aris Capitalfinancial services22008-031995
Shalimar Groupfood & beverages82020-031994
Kredent InfoEdgemanagement consulting32021-072009
A R Ctransportation/trucking/railroad12006-111972
RSH Globalconsumer goods52014-091988
Kothari Hosieryapparel & fashion12012-031988
Rallichemicals32017-111972
Skipper Furnishingsretail32012-031986

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

Founded by year
2026: 6200820266
Stages
Recent founds (2018+)
CompanyIndustryFoundedEmployees
Rokket Technologiesentertainment2026
Roopslegal services2026
FinaxonAIfinancial services2026
Alluveremarketing and advertising2026
Cognizanceeducation management2026
CuraCloudcomputer software2026
Miakeeapparel & fashion2025
Minds Treasuremental health care2025
Mountford Healthmedical devices2025
Mpbirlagroup.commining & metals2025
OrbeatXonline media2025
Nature's Delightleisure, travel & tourism2025
Navottramanagement consulting2025
Nexerainformation technology and services2025
Nex G Petrolubeoil & energy2025
Nexlinqtelecommunications2025
Ohh! Buddieapparel & fashion2025
Stellarioncomputer software2025
Zaaplininternet2025
Sudhamta Foundationnon-profit organization management2025

gate: ≥150 companies & ≥20 recent founds — passed (10301/3173)

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