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The Startup Ecosystem of Hyderabad

Hyderabad has 637 startups in our sample database. This represents about 6% of India’s startups. Hyderabad is the 4th best startup ecosystem in India.

CITY RANKING

In 2024, the startup scene of Hyderabad developed considerably and increased in the Global Ecosystem Index by 24 spots.

National Ranking

4th
+
1
In India

Regional Ranking

4th
+
1
In South Asia

Global Ranking

65th
+
24
Worldwide

Ecosystem

Startup Ecosystem Overview

people in busy city square


Nestled in the vibrant South of India, Hyderabad has long been renowned for its sumptuous biryani, exquisite pearls, and rich heritage. However, a new star has risen on the horizon, as the city finds itself at the epicenter of an entrepreneurial renaissance in recent times.


Hyderabad’s startup scene is full of great opportunities. Mentors are there to help you, and friendly angel investors are ready to support you. The city hosts lots of startup events and festivals that teach you important things. There are also cool coworking spaces where you can work alongside other motivated people who want to see you succeed.


Hyderabad stands as a compelling destination for launching your startup for several compelling reasons. Enriched by a cosmopolitan culture, it stands tall alongside Bengaluru as a prime IT hub of India, exuding a welcoming aura to diverse talents from across the globe.


Distinguished by its remarkably affordable real estate, Hyderabad offers lower establishment costs compared to other prominent global cities, a boon for startups seeking optimal financial efficiency. The thriving startup ecosystem teems with vibrant coworking spaces, accelerators, and entrepreneur programs, making it an undeniable advantage to be at the heart of this dynamic and innovative storm.


As we explore Hyderabad’s lively startup ecosystem, we discovered impressive success stories that showcase the city’s strong spirit of innovation. PaySwiff is India’s leading omni channel transactions solution provider to small, medium and large enterprises. It offers SME merchants a platform that includes technology & financial solutions to manage their business, enable growth & increase footfalls.


Darwinbox, a unicorn emerging from the heart of this ecosystem, is an end-to-end enterprise HR software that enables enterprises to automate entire employee lifecycle in one HR platform. Their SaaS platform engages and empowers employees across the entire lifecycle (hire-to-retire) with a smarter, simpler & mobile-first HR Tech experience powered by Artificial Intelligence (AI) and Machine Learning (ML).


Beyond its business allure, Hyderabad boasts an enriching tapestry of culinary delights, cultural treasures, and heritage wonders. The warmth and friendliness of its people infuse your entrepreneurial journey with an indelible touch, making Hyderabad not only a strategic business destination but also a place where unforgettable memories are forged.

Startups

Hyderabad Top Startup Industries

Edtech icon
Edtech
#39 worldwide

60 startups

Marketing & Sales icon
Marketing & Sales
#41 worldwide

42 startups

Transportation icon
Transportation
#51 worldwide

24 startups

Ecosystem HealthCheck

Hyderabad Ecosystem Health Check

The health check tables allow you to look at the performance Hyderabad 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
Global65-1637
Edtech39-365
Marketing & Sales00.0000.0000.00
Transportation00.0000.0000.00
Foodtech00.0000.0000.00
Energy & Environment00.0000.0000.00
Software & Data00.0000.0000.00
Healthtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Hyderabad

Download list
Keka HR startup logo
Software & Data | Enterprise Technology
Unranked
NxtWave startup logo
Software & Data | Enterprise Technology
Unranked
Bhanzu startup logo
Software & Data | Apps
Unranked
RED.Health startup logo
Healthtech | Health Care
Unranked
Neemans startup logo
Ecommerce & Retail | Ecommerce
Unranked
Recykal startup logo
Software & Data | Enterprise Technology
Unranked
Adonmo startup logo
Marketing & Sales | Adtech
Unranked
Ironhill India startup logo
Foodtech | Food and Beverage
Unranked
NowFloats startup logo
Marketing & Sales | Digital Marketing
Unranked
Landeed startup logo
Fintech | Financial Services
Unranked
NephroPlus startup logo
Healthtech | Health Care
Unranked

Browse 626 more startups in Hyderabad with the pro account.

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Startup Ecosystem Charts

Startup Funding in Hyderabad2017 - 2024

Startup Funding in Hyderabad 2017 - 2024

From 2022 to 2023, startup funding in Hyderabad has decreased by 60.78%. During this period, the number of deals in Hyderabad has decreased by 36.43%. Since 2017, total startup funding in Hyderabad exceeded US$ $2.09B.

Average Funding in 2023

$2.80M

Hyderabad
India
-38.30% YoY

Funding in 2023

$229.91M

Hyderabad
India
-60.78% YoY

Deals in 2023

82

Hyderabad
India
-36.43% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B03570105140

Ecosystem

The Startup Ecosystem in Hyderabad

Our startup ecosystem map for Hyderabad includes a sample of 637 tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Hyderabad is ranked within the top 100 startup ecosystems globally.

Top Industries

Hyderabad’s startups excel particularly in Edtech where it ranks 39 and in Marketing & Sales, and Transportation. 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 Hyderabad
Keka HR startup icon
Keka HR
NxtWave startup icon
NxtWave
Bhanzu startup icon
Bhanzu

ECOSYSTEM

Why should you join Hyderabad's Startup Ecosystem?

Overview

Within Hyderabad there is an increased attraction for entrepreneurs to set up their startups in industries such as Edtech, Marketing & Sales, Transportation. These three industries represent about 20% of the startups represented on the Startup Ecosystem Map of Hyderabad.

4th

National Rank

4th

Regional Rank

Overview

Hyderabad is India's 4th best startup ecosystem and is ranked 4th in South Asia. With a population of 2M - 10M people, Hyderabad is ranked 65th in the world. The city has some notable startup success stories including Keka HR.

ECOSYSTEM
Startup Infrastructure in Hyderabad
With a large variety of initiatives, Hyderabad's startup ecosystem stands out from other cities in South Asia. Hyderabad offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Hyderabad's most prominent support initiatives:

BLOG

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