FundedIQ

Recently Funded Startups in Madhya Pradesh

Updated Oct 2026

There are 23 funded startups in Madhya Pradesh in the FundedIQ database, each with its funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Madhya Pradesh, along with the 23 most recently funded startups there.

Commerce and Shopping, Apps and Education hold the most companies by sector. Indore and Bhopal hold the deepest concentrations of funded startups in Madhya Pradesh. Startups in Madhya Pradesh closed 8 funding rounds over the last 24 months, 1 of them in the last 12 months, and raised $20M in disclosed capital. The median disclosed round is $1.8M, with the middle half of rounds falling between $1.1M and $2.1M.

Indore leads the region in activity. Early stage capital dominates the mix, which indicates a heavy reliance on angel investors and seed checks. This pattern creates a market of young companies with lean operations. Those engaging these startups will find founders who are still refining their go to market strategies and seeking foundational partnerships.

Madhya Pradesh funded startup statistics

Funded startups in Madhya Pradesh
23
tracked in the database
Funding rounds, last 12 months
1
8 over 24 months
Disclosed capital raised, 24 months
$20M
8 of 8 rounds disclosed an amount
Median round size
$1.8M
middle half $1.1M to $2.1M

Most recent funding round on record: Jan 2026.

23 most recently funded startups in Madhya Pradesh

23 shown

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

R
Indore, India · Energy
ROADGRID build EV charging network to create a sustainable electric vehicle ecosystem. It focuses on…
Seed ·
$1.3M
W
Bhopal, India · Apps
We360.ai is a cloud based employee monitoring software that helps you gain insights into your employees work…
Seed ·
$2.0M
F
Indore, India · Financial Services
Finodaya Capital Private Limited aimed to provide access to financial services for India's smallest…
Seed ·
$2.5M
S
Indore, India · Apps
STAGE is an Indian language content platform for artist-led entertainment.
Series B ·
$9.7M
E
Indore, India · Other
EM5 offers high-quality fragrances at an affordable price for customers.
Angel ·
$120k
W
Indore, India · Commerce and Shopping
Workie provides shared workspaces, professional offices, private meeting rooms, virtual office services,…
Series Unknown ·
$1.5M
M
Indore, India · Artificial Intelligence (AI)
Micro Mitti is a company in the propTech industry that aims to increase transparency, accessibility, and…
Seed ·
$2.0M
T
Jabalpur, India · Agriculture and Farming
Tractorfactory is a highly reputable platform for purchasing and selling pre-owned tractors. Choose your…
Pre-Seed ·
$460k
M
Dhar, India · Commerce and Shopping
Manufacturer of pant-style baby diapers, Adult Diapers and Sanitary Napkins.
Series Unknown ·
$15M
X
Xolopak
Raisen, India · Manufacturing
Xolopak produces eco-friendly, single-use wooden utensils, including cutlery, ice cream sticks, and spoons.…
Series Unknown ·
Undisclosed
U
Bhopal, India · Administrative Services
Unusual HR challenges typical HR strategies to foster outstanding workplace environments. It intends to…
Seed ·
$100k
S
Bhopal, India · Transportation
Swaayatt Robots is creating self-driving technology that can navigate unpredictable traffic patterns and…
Seed ·
$4.0M
K
Indore, India · Commerce and Shopping
Kyari is an online store that specializes in selling indoor plants, succulents, planters, and pots for home…
Seed ·
$780k
Y
Indore, India · Education
YouVah offers genuine opportunities for high school students to gain practical experience and has…
Pre-Seed ·
$210k
R
Bhopal, India · Content and Publishing
RTIwala is a legal technology startup that focuses on providing affordable legal solutions and informative…
Series Unknown ·
$30k
M
MomsKart
Indore, India · Commerce and Shopping
Momskart is an e-commerce marketplace that enables women to sell nonperishable homemade food products. Thus…
Pre-Seed ·
Undisclosed
S
Indore, India · Education
Series A ·
$3.6M
M
Indore, India · Other
Medyseva is a healthcare startup focusing on Telemedicine in Rural India. It seeks to become the ultimate…
Seed ·
$190k
S
Indore, India · Apps
Business visionaries are in many cases tight on time and cash, assumptions quality MVP to raise venture.…
Seed ·
$500k
G
Indore, India · Apps
GoPaani is an app for water jar suppliers in managing their business. GoPaani was founded in 2019 and was…
Seed ·
$600k
C
Indore, India · Other
Carragreen provides eco-friendly alternatives for food packaging and stationery products.
Pre-Seed ·
$100k
S
Indore, India · Commerce and Shopping
Shopkirana is a B2B-commerce company that focuses on technology and supply chain innovation. It aims to…
Series C ·
$38M
D
Bhopal, India · Education
Deep Eigen provides cutting-edge education, at affordable price, in the areas of engineering, science, and…
Seed ·
$300k

Industries with the most funded startups in Madhya Pradesh

Sector counts across all 23 tracked companies in Madhya Pradesh. A company assigned more than one industry is counted in each.

Where are funded startups located in Madhya Pradesh?

Where funded startups in Madhya Pradesh are based, by the city on the company record.

City
Funded startups
Dhar
1
Jabalpur
1
Raisen
1

Funding stages in Madhya Pradesh

How the last 24 months of funding rounds for funded startups in Madhya Pradesh break down by stage.

Stage
Rounds, last 24 months

A further 1 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Madhya Pradesh startup funding data

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 23 funded startups in Madhya Pradesh currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (0 of 8 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Madhya Pradesh is dated Jan 2026.

The table above shows the 23 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded startups are there in Madhya Pradesh?

FundedIQ tracks 23 funded startups in Madhya Pradesh. This page lists the 23 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have startups in Madhya Pradesh raised?

Startups in Madhya Pradesh tracked by FundedIQ have raised $20M in disclosed capital across 8 funding rounds over the last 24 months, including 1 rounds in the last 12 months. 8 of those 8 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded startups in Madhya Pradesh?

Commerce and Shopping has the most, with 5 companies, followed by Apps (4), Education (3) and Other (3). Sector counts include every company assigned that industry, and a company can carry more than one.

Which cities have the most funded startups in Madhya Pradesh?

Indore leads with 15 companies, then Bhopal (5), Dhar (1) and Jabalpur (1).

What is a typical funding round size for startups in Madhya Pradesh?

The median disclosed round over the last 24 months is $1.8M, and the middle half of rounds fall between $1.1M and $2.1M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

What is the most common funding stage for startups in Madhya Pradesh?

Seed is the most common labelled stage, with 4 rounds in the last 24 months, ahead of Angel (1) and Pre-Seed (1). A further 1 rounds were announced without a stage label and are not counted here.

How often is the Madhya Pradesh startup funding data updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Madhya Pradesh is dated Jan 2026. Counts and totals on this page are recomputed on every refresh.

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