The Startup Ecosystem of Indore
Indore has 116 startups in our sample database. This represents about 1% of India’s startups. Indore is the 10th best startup ecosystem in India.
CITY RANKING
In 2024, the startup scene of Indore developed considerably and increased in the Global Ecosystem Index by 156 spots.
National Ranking
In India
Regional Ranking
In South Asia
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Indore Top Startup Industries
22 startups
10 startups
3 startups
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Ecosystem HealthCheck
Indore Ecosystem Health Check
The health check tables allow you to look at the performance Indore 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
ECOSYSTEM
Browse the startup ecosystem database of Indore
Become our Indore Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Indore2017 - 2024
Startup Funding in Indore 2017 - 2024
From 2022 to 2023, startup funding in Indore has decreased by 89.3%. During this period, the number of deals in Indore has decreased by 61.54%. Since 2017, total startup funding in Indore exceeded US$ $145.16M.
Average Funding in 2023
$1.49M
Funding in 2023
$7.47M
Deals in 2023
5
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Indore
Global Rank
Indore is ranked within the top 300 startup ecosystems globally.
Top Industries
Indore’s startups excel particularly in Edtech where it ranks 106 and in Ecommerce & Retail, and Transportation. Find out more
Top Cities for Startups in India - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
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 |
ECOSYSTEM
Why should you join Indore's Startup Ecosystem?
Overview
Within Indore there is an increased attraction for entrepreneurs to set up their startups in industries such as Edtech, Ecommerce & Retail, Transportation. These three industries represent about 30% of the startups represented on the Startup Ecosystem Map of Indore.
10th
National Rank
13th
Regional Rank
Overview
Indore is India's 10th best startup ecosystem and is ranked 13th in South Asia. With a population of 1M - 2M people, Indore is ranked 231st in the world. The city has some notable startup success stories including STAGE.
ECOSYSTEM
Startup Infrastructure in Indore
BLOG
Recent Posts
Thu Mar 06 2025
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