Funded Startups in Madhya Pradesh
Madhya Pradesh entries in this slice run from 2021-10-19 (Deep Eigen, Seed, $300K) through 2025-04-21 (Finodaya Capital, Seed, $3M).
Madhya Pradesh entries in this slice run from 2021-10-19 (Deep Eigen, Seed, $300K) through 2025-04-21 (Finodaya Capital, Seed, $3M). The largest disclosed round is Shopkirana’s Series C on 2022-01-26 at $38M, which dwarfs the rest of the disclosed amounts; the next-largest disclosed figure is $15M (Millennium Babycares, 2024-10-10), and no other disclosed round is above $10M.
There is also a clear city and timeframe clustering: 12 of 22 rows are based in Indore (e.g., STAGE $10M on 2025-03-05; Micro Mitti $2M on 2025-01-16), while Bhopal accounts for 5 entries (e.g., Swaayatt Robots $4M on 2024-06-03). Temporally, multiple rounds stack in the recent 2024–2025 window, including several $2M-or-under seed/pre-seed rounds (Micro Mitti $2M on 2025-01-16; Workie $2M on 2025-01-21) alongside a few much larger disclosed deals (Millennium Babycares $15M on 2024-10-10; STAGE $10M on 2025-03-05).
Most recent rounds
22 shownRelated listings
Frequently asked
Which disclosed deal is the outlier in this Madhya Pradesh set, and how far above the rest is it?
Shopkirana’s Series C on 2022-01-26 is the outlier at $38M; the next-largest disclosed amount is $15M (Millennium Babycares, 2024-10-10), so the top round sits in a different range above everything else shown.
Do the most recent closings cluster into a narrow time window or are they evenly spread?
They cluster toward the end of the range: the list runs from 2021-10-19 to 2025-04-21, with multiple rounds in 2024–2025 (for example, Finodaya Capital $3M on 2025-04-21 and STAGE $10M on 2025-03-05) rather than a uniform spread across the entire period.
Is Indore over-represented relative to other cities in this page’s rows?
Yes. Indore appears in 12 of 22 rows (including STAGE $10M on 2025-03-05; Micro Mitti $2M on 2025-01-16; Shopkirana $38M on 2022-01-26), while Bhopal has 5 rows (e.g., Swaayatt Robots $4M on 2024-06-03).
How much of the funding data is undisclosed or labeled as “Series Unknown,” and where does that show up?
Out of 22 rows, 2 amounts are marked undisclosed (Xolopak on 2024-09-05; MomsKart on 2023-06-21). In addition, 7 rows carry “Series Unknown” (e.g., Workie on 2025-01-21 at $2M; Millennium Babycares on 2024-10-10 at $15M), indicating a material portion of the slice lacks stage granularity.
What stage mix dominates compared with larger, later-stage rounds in the disclosed set?
Earlier stages are frequent: Seed or Pre-Seed rows include Micro Mitti ($2M on 2025-01-16), Swaayatt Robots ($4M on 2024-06-03), and Serosoft’s Series A at $4M on 2022-10-27. Later disclosed rounds are fewer and more concentrated, such as STAGE’s Series B ($10M on 2025-03-05) and Shopkirana’s Series C ($38M on 2022-01-26).
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