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The Startup Ecosystem of Bhubaneswar

Bhubaneswar has 53 startups in our sample database.

CITY RANKING

In 2024, the startup scene of Bhubaneswar developed considerably and increased in the Global Ecosystem Index by 193 spots.

National Ranking

15th
+
7
In India

Regional Ranking

20th
+
8
In South Asia

Global Ranking

367th
+
193
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Bhubaneswar Top Startup Industries

Fintech icon
Fintech
#178 worldwide

5 startups

Edtech icon
Edtech
#212 worldwide

4 startups

Marketing & Sales icon
Marketing & Sales
#251 worldwide

9 startups

Ecosystem HealthCheck

Bhubaneswar Ecosystem Health Check

The health check tables allow you to look at the performance Bhubaneswar has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global36753
Fintech178-1785
Edtech00.0000.0000.00
Marketing & Sales00.0000.0000.00
Ecommerce & Retail00.0000.0000.00
Software & Data00.0000.0000.00
Energy & Environment00.0000.0000.00
Foodtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Bhubaneswar

Download list
Unranked
CureBay startup logo
Healthtech | Health Care
Unranked
Unranked
Datoms startup logo
Hardware & IoT | Internet of Everything
Unranked
Wishleaf startup logo
Fintech | Financial Services
Unranked
BON V Aero startup logo
Edtech | Edutainment
Unranked
Typof startup logo
Ecommerce & Retail | Ecommerce
Unranked
Aurassure startup logo
Software & Data | Enterprise Technology
Unranked
Medtel Healthcare startup logo
Healthtech | Health Care
Unranked
Larkai Healthcare startup logo
Ecommerce & Retail | Retail
Unranked
Presear Softwares PVT LTD startup logo
Software & Data | Enterprise Technology
Unranked

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Startup Ecosystem Charts

Startup Funding in Bhubaneswar2017 - 2024

Startup Funding in Bhubaneswar 2017 - 2024

From 2022 to 2023, startup funding in Bhubaneswar has decreased by 87.46%. During this period, the number of deals in Bhubaneswar has decreased by 14.29%. Since 2017, total startup funding in Bhubaneswar exceeded US$ $52.47M.

Average Funding in 2023

$518.98K

Bhubaneswar
India
-85.37% YoY

Funding in 2023

$3.11M

Bhubaneswar
India
-87.46% YoY

Deals in 2023

6

Bhubaneswar
India
-14.29% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B02468

Ecosystem

The Startup Ecosystem in Bhubaneswar

Startups in Bhubaneswar excel in Fintech, Edtech, and Marketing & and Sales. There are some notable success stories contributing to the city’s growing Fintech industry. One of the most promising startups in Bhubaneswar in 2024 is Annapurna Microfinace, CureBay, and LectureNotes.

Global Rank

Bhubaneswar is ranked within the top 400 startup ecosystems globally.

Top Industries

Bhubaneswar’s startups excel particularly in Fintech where it ranks 178 and in Edtech, and Marketing & Sales. Find out more

Top Cities for Startups in India - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
8th
0
68.148
00.00
00.00
00.00
2nd
0
11th
+
2
55.680
00.00
00.00
00.00
3rd
0
20th
+
5
36.843
00.00
00.00
00.00
4th
+
1
65th
+
24
10.644
00.00
00.00
00.00
5th
-
1
76th
+
2
9.576
00.00
00.00
00.00
6th
0
81st
+
21
9.365
00.00
00.00
00.00
7th
+
1
125th
+
70
5.912
00.00
00.00
00.00
8th
-
1
153rd
+
28
4.232
00.00
00.00
00.00
9th
0
209th
+
30
2.334
00.00
00.00
00.00
10th
+
1
231st
+
156
2.034
00.00
00.00
00.00
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Startups

Notable Startups in Bhubaneswar
Annapurna Microfinace startup icon
Annapurna Microfinace
CureBay startup icon
CureBay
LectureNotes startup icon
LectureNotes

ECOSYSTEM

Why should you join Bhubaneswar's Startup Ecosystem?

Overview

Within Bhubaneswar there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Edtech, Marketing & Sales. These three industries represent about 34% of the startups represented on the Startup Ecosystem Map of Bhubaneswar.

15th

National Rank

20th

Regional Rank

Overview

Bhubaneswar is India's 15th best startup ecosystem and is ranked 20th in South Asia. With a population of 1M - 2M people, Bhubaneswar is ranked 367th in the world. The city has some notable startup success stories including Annapurna Microfinace.

BLOG

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From Service-Based to Product-Based Economy – Lessons from North Macedonia

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Thu Mar 06 2025

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A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]