Introduction to Indore’s Thriving Startup Ecosystem

Indore has emerged as a significant player in India’s startup landscape! According to the latest rankings, Indore startup ecosystem ranks #266 globally and #11 in India, making it one of the most promising startup hubs in central India. The city is witnessing remarkable growth across various sectors, from AI and technology to e-commerce and fintech.

Leading Startup Companies in Indore

Top Technology and Software Startups

1. Shopkirana Shopkirana ranks among the top startups in Indore based on investment, employee count, and quarterly website traffic. This B2B marketplace is revolutionizing retail distribution in India.

2. Supersourcing Supersourcing is ranked among the top three startups in Indore, specializing in connecting businesses with skilled software developers globally.

3. OneHash, Inc. OneHash is the World’s first FaaS company that offers the only affordable sales CRM, ERP for HR and accounting work automation and Live Chat for seamless lead capturing. Starting as merely an idea, OneHash has been taking the business world by storm.

4. MindCrew Technologies Pvt. Ltd. Founded in 2011, MindCrew Technologies is a leading technology solution provider company based in Indore, India specializes in web, mobile and technology services. For the past 9+ years, they’ve been innovation partners for SMEs worldwide.

Emerging IT Startups in Indore

5. Everincodeh Technology Everincodeh Technology goes beyond a software startup because besides offering custom software solutions it also offers services to support the IT initiatives of businesses. They provide flexible staffing augmentation solutions customized to specific requirements.

6. JS TechAlliance Consulting Pvt Ltd JS TechAlliance Consulting is an IT products company based in Indore that solves problems related to technology and software development with a profitable business model and a team of 6-50 employees.

7. Avalon Solution Avalon Solution is a Web Services company offering Turnkey ECommerce solutions, helping businesses establish their online presence effectively.

High-Tech and Innovation-Driven Startups

8. YatriKart YatriKart is among the top companies in the High Tech Sector in Indore, focusing on travel and tourism technology solutions.

9. Eagle Techsec Communications Another top high-tech company in Indore, specializing in secure communication technologies.

10. Nextel Nextel ranks among the leading high-tech companies in Indore, providing advanced telecommunications solutions.

AI Startups in Indore: The Future is Here

While Indore’s AI startup ecosystem is still developing, the city shows tremendous potential. India’s AI scene boomed in 2023, with a focus on developing language models tailored for Indian languages and enhancing AI-powered chatbot technology. Many Indore-based IT startups are incorporating AI capabilities into their solutions, positioning themselves at the forefront of this technological revolution.

Software Startups Dominating the Scene

The software sector in Indore is particularly robust, with 100+ top companies and startups operating in the region as of 2025. These range from custom software development companies to SaaS platforms and enterprise solutions providers.

List of Startup Companies in Indore: Sector-wise Breakdown

Technology & Software Development

• OneHash, Inc.
• MindCrew Technologies
• Everincodeh Technology
• JS TechAlliance Consulting
• Supersourcing

E-commerce & Retail Tech

• Shopkirana
• Avalon Solution

High-Tech & Communications

• Eagle Techsec Communications
• Nextel
• Mosaic Networks

Creative & Lifestyle

• STAGE
• Mangosteen Eco Lifestyle
• Vivek Samaiya Photography

Service-based Innovation

• Dogspot
• Car Laundry
• 7th Gear

Indore Based Startups: Investment and Growth Trends

The ranking system for Indore startups is based on an algorithm that scores companies on total investment, employee count, and quarterly website traffic. This comprehensive approach ensures that the most promising and well-performing startups get the recognition they deserve.

The startup ecosystem in Indore benefits from:

• Lower operational costs compared to metro cities
• Strong educational institutions providing talent
• Growing government support for entrepreneurship
• Strategic location in central India

The Road Ahead for Startups in Indore

With 78 companies in the High Tech Sector alone in Indore, the city is establishing itself as a serious contender in India’s startup landscape. The diversity of sectors represented – from traditional IT services to innovative AI solutions – demonstrates the maturity and potential of Indore’s entrepreneurial ecosystem.

The combination of established companies like MindCrew Technologies (operating since 2011) and newer innovative startups creates a perfect environment for knowledge transfer, collaboration, and continued growth in this dynamic city.

Whether you’re looking at software startups in Indore, AI startups making waves, or the comprehensive list of startup companies transforming various industries, Indore’s entrepreneurial spirit is undeniable and inspiring!