Funded Startups in Indore
Fourteen recent rounds are listed for Indore, spanning 2022-01-26 (Shopkirana, Series C, $38M) through 2025-04-21 (Finodaya Capital, Seed, $3M).
Fourteen recent rounds are listed for Indore, spanning 2022-01-26 (Shopkirana, Series C, $38M) through 2025-04-21 (Finodaya Capital, Seed, $3M). The disclosed-size range is anchored by a clear outlier: Shopkirana’s $38M Series C on 2022-01-26 is the only round disclosed above $20M, while the next-largest disclosed amounts are $10M (STAGE, Series B, 2025-03-05) and $4M (Serosoft, Series A, 2022-10-27). Most activity clusters in the latest year: 5 of 14 rounds fall between 2025-01-16 and 2025-04-21 (Micro Mitti $2M on 2025-01-16; Workie $2M on 2025-01-21; STAGE $10M on 2025-03-05; Finodaya Capital $3M on 2025-04-21; plus EM5’s $120K on 2025-02-01).
Sector concentration is also visible: Commerce and Shopping appears 4 times (Workie 2025-01-21 $2M; Kyari 2024-05-02 $780K; MomsKart 2023-06-21 undisclosed; Shopkirana 2022-01-26 $38M). Stage mix leans early-stage, with Seed rounds accounting for 6 of 14 entries (Finodaya Capital, Micro Mitti, Kyari, Medyseva, Supersourcing, GoPaani), while Series Unknown appears once (Workie) and one amount is undisclosed (MomsKart on 2023-06-21).
Most recent rounds
14 shownRelated listings
Frequently asked
What stands out in disclosed round sizes for Indore, and how does the largest compare to the rest?
Shopkirana’s $38M Series C on 2022-01-26 is the only disclosed round above $20M. The next-largest disclosed amounts are $10M (STAGE, 2025-03-05) and $4M (Serosoft, 2022-10-27), putting most other disclosed rounds in the hundreds of thousands to low single-digit millions.
How concentrated are these rounds over time—are most closings happening recently?
Yes. Five of the 14 rounds fall between 2025-01-16 (Micro Mitti $2M) and 2025-04-21 (Finodaya Capital $3M), including STAGE’s $10M on 2025-03-05. The earliest shown close is 2022-01-26 (Shopkirana $38M), so the list spans roughly three years with a recent uptick.
Which sectors are over-represented in this Indore list?
Commerce and Shopping appears 4 times: Workie (2025-01-21, $2M), Kyari (2024-05-02, $780K), MomsKart (2023-06-21, undisclosed), and Shopkirana (2022-01-26, $38M). Other sectors repeat fewer times in the 14-row set (e.g., Education appears twice).
What does the stage mix look like, and are there any notable non-standard entries?
Seed dominates with 6 of 14 entries (Finodaya Capital $3M on 2025-04-21; Micro Mitti $2M on 2025-01-16; Kyari $780K on 2024-05-02; Medyseva $190K on 2022-09-12; Supersourcing $500K on 2022-06-27; GoPaani $600K on 2022-04-26). There is one Series Unknown (Workie, 2025-01-21, $2M) and one undisclosed amount (MomsKart, 2023-06-21).
Are there outliers on the low end worth tracking alongside the large rounds?
Among disclosed amounts, EM5’s $120K on 2025-02-01 is the smallest disclosed figure in the 14 rows, sitting far below the next-smallest disclosed amounts like Carragreen’s $100K on 2022-03-09 and YouVah’s $210K on 2023-10-04. This creates a wide spread from sub-$200K rounds (e.g., Medyseva $190K, YouVah $210K) up to $38M (Shopkirana).
Which entries fall in the most recent 90 days shown, and does the size distribution change there?
Using the most recent date in the list (2025-04-21), the most recent 90 days include Finodaya Capital ($3M, 2025-04-21), STAGE ($10M, 2025-03-05), and EM5 ($120K, 2025-02-01). In that tight window, disclosed sizes range from $120K to $10M, indicating both small and large rounds occurring close together rather than a single-size cluster.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.