Funded Startups in Gujarat
Among the 50 most recent funded startups in Gujarat, the largest disclosed round is HyFun’s $158M on 2026-06-17, which dwarfs the next-largest disclosed am…
Among the 50 most recent funded startups in Gujarat, the largest disclosed round is HyFun’s $158M on 2026-06-17, which dwarfs the next-largest disclosed amounts visible here ($113M for La Renon on 2025-11-20, and $80K–$35M as the general upper band after that). The list also shows a clear temporal concentration: the most recent cluster spans 2025-12-11 to 2026-06-25, with multiple late-2025 exits including Naxatra Labs ($3M, 2025-12-23), UV Netware ($3M, 2025-12-15), and Soleos ($12M, 2025-12-11), before another wave in mid-2026 led by Steam House India ($5M, 2026-06-25) and HyFun ($158M, 2026-06-17). Sector and stage are mixed but skewed: “Series Unknown” appears in 19 of 50 rows (e.g., Steam House India 2026-06-25 and UV Netware 2025-12-15), while multiple categories repeat at smaller counts, including Commerce and Shopping (e.g., Steam House India, BabyOrgano, Alpino, SWIRL) and Financial Services (Online PSB Loans 2025-06-19 and Vijya Fintech 2024-03-05). Geography is heavily centered on Ahmedabad, with many entries headquartered there (e.g., HyFun, La Renon, Ignosis, R for Rabbit), plus additional pockets in Surat (e.g., Steam House India; Renee Cosmetics is Ahmedabad but Surat appears elsewhere) and Rajkot (e.g., UV Netware; NG Earsafe). The disclosed rounds span from 2023-12-14 (Pirimid Fintech, $3M) through 2026-06-25 (Steam House India, $5M), with several “undisclosed” amounts acting as partial blind spots (6 of 50 rows).
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Frequently asked
What stands out by round size, and how extreme is the top disclosed deal in Gujarat’s most recent list?
HyFun’s $158M round on 2026-06-17 is the only disclosed amount above $100M in these 50 rows; the next-largest disclosed amount shown is La Renon’s $113M on 2025-11-20, while many other disclosed rounds fall between $1M and $35M (e.g., Ignosis $4M on 2025-10-04; AMI Organics $35M on 2025-05-19).
Which companies are most likely to skew analysis due to missing disclosed amounts, and what’s the count?
Six of the 50 rows show “undisclosed” amounts (e.g., OTU India on 2026-06-08; PierSight Space on 2025-05-20; BuilditIndia on 2025-02-03; Ricron Panel on 2024-07-09; Amounee on 2024-03-07; Cosmic PV Power on 2024-10-15). Separately, 19 rows use “Series Unknown” for stage (e.g., Steam House India 2026-06-25; UV Netware 2025-12-15), which limits stage-based comparisons.
Is there a recent temporal cluster in the 50 rows, or are rounds spread evenly across years?
Rounds are front-loaded toward the present: the list’s latest date is 2026-06-25 (Steam House India, $5M), and multiple entries land in late 2025 and mid-2026 (e.g., Naxatra Labs $3M on 2025-12-23 and HyFun $158M on 2026-06-17). The earliest row is 2023-12-14 (Pirimid Fintech, $3M), with several entries concentrated in 2024 but fewer extreme-size deals than the mid-2025/2026 window.
Which city appears over-represented, based on the repeating headquarters in this snapshot?
Ahmedabad is the dominant geography across multiple sectors and stages (e.g., HyFun 2026-06-17; Ignosis $4M on 2025-10-04; R for Rabbit $27M on 2025-08-19; EduFund $6M on 2025-07-21; Metis Intellisystems $160K on 2024-06-20). Surat and Rajkot also recur (e.g., Steam House India in Surat; NG Earsafe and UV Netware in Rajkot), but they appear less frequently than Ahmedabad.
What stage pattern dominates, and are there notable stage outliers worth attention?
“Series Unknown” is the single largest stage label in the dataset (19 of 50), spanning big and small disclosed deals (e.g., HyFun’s $158M on 2026-06-17 is “Series Unknown,” while QRL Bioscience is labeled Seed with $340K on 2025-08-06). Stage-specific examples also show wide variance within labeled rounds: Seed appears with $2M (BabyOrgano, 2025-11-08) and as low as $130K (NG Earsafe, 2024-10-24).
Do certain sectors appear repeatedly, suggesting a theme in Gujarat funding, or is it mostly one-offs?
Several sectors repeat across entries, notably Commerce and Shopping (e.g., Steam House India on 2026-06-25, BabyOrgano $2M on 2025-11-08, Alpino $1M on 2024-09-16, SWIRL $1M on 2024-02-06) and Financial Services (Online PSB Loans $4M on 2025-06-19; Vijya Fintech $840K on 2024-03-05; Pirimid Fintech $3M on 2023-12-14). There are also multiple healthcare/biotech-adjacent entries such as Biotechnology with QRL Bioscience ($340K, 2025-08-06) and Biofics ($1M, 2024-08-28), indicating both clustering and variety rather than a single narrow focus.
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