Summary for
Odisha
Summary for Odisha

Only DPIIT Recognized Startups

Incubators

2

Startups

29

Total Investment

₹524.59M

+ 11.44 %
last 12 mos

Total Loan

₹110.29M

Total Jobs

166

Aggregate Revenue

₹15.10M

 FY25 
2 startups

Aggregate Valuation

₹242.50M

Total Realised Value

-

Unicorns

-

IPOs

-

Startup Patents

58

Startup Landscape in Odisha

Startups Incorporated

201620182020202220240123456
Year of IncorporationNo. of Startups

Sectors of Startups

Drugs and TherapeuticsIndustrial BiotechnologyAgriculture and Allied SectorsBioResearch and BioIT (Bio Services)Healthcare - DiagnosticsHealthcare - Medical Devices

Investment from Equity Funding

20162018202020222024020406080100
Amount (in ₹ Million)

Aggregate Startup Revenues

FY16FY18FY20FY22FY24050100150200250300
Amount (in ₹ Million)

Capital from Debt Funding

201620182020202220240510152025303540
Amount (in ₹ Million)

Startups by Age

< 11 - 33 - 55 - 77 - 10≥ 10024681012
Age of the Startup (Years)No. of Startups

Startups by Funding Stage

Pre-SeedSeedSeries ASeries BSeries CSeries D& aboveIPO00.511.522.533.54
No. of Startups

List of all Startups

Sl No. Startup Name Founded Year Startup Status Total Funding Latest Available Valuation Total Loan No. of Jobs No. of Patents
1 2015 Series A ₹109.24M — — — 14
2 2018 Series B ₹85.80M — ₹25.00M — 13
3 2018 Seed ₹51.23M — ₹21.61M 9 14
4 2017 Series A ₹42.50M — — — —
5 2020 Seed ₹25.40M ₹158.00M (2022) — 18 —
1 - 5 out of 29 Startups

List of all Incubators

Sl No. Incubator Name No. of Startups
Supported
Startups Supported
1 272 ADVANCE DESIGN & ANALYSIS SOLUTIONS PRIVATE LIMITED, AGROPAC and 270 more
2 17 AUUM PLATFORMS, BIOMOLICS INNOVATIONS and 15 more
1 - 2 out of 2 Incubators

Govt. Funds which supported Startups

Sl No. Govt. Fund Name No. of Startups Supported Startups Supported
1 4 BALASORE AGRO PRIVATE LIMITED (in 2019), Bariflo Labs (in 2021) and 2 more
2 3 Bariflo Labs (in 2026), CYGENICA (in 2026) and 1 more
3 3 Bariflo Labs (in 2019), Cowbit (in 2021) and 1 more
4 3 Bariflo Labs (in 2020), EzeRx (in 2020) and 1 more
5 3 FarmTree (in 2018), PRANTAE (in 2018) and 1 more
1 - 5 out of 22 Govt. Funds

Banks & FIs which supported Startups

Sl No. Bank / Financing Institution Name No. of Startups Supported Startups Supported
1 3 Bariflo Labs (in 2025, 2024), VILLAMART (in 2024, 2023, 2020) and 1 more
2 2 Bariflo Labs (in 2023), inDNA lifesciensces Pvt. Ltd (in 2020)
3 1 Bariflo Labs (in 2024)
4 1 RENEWABLE ENVIROGIC (in 2024)
5 1 RENEWABLE ENVIROGIC (in 2022)
1 - 5 out of 7 Debt. Funds

Angels who invested in Startups

Sl No. Angel Name No. of Startups
Invested
Startups Invested
1 1 CYGENICA (in 2021)
2 1 PRANTAE (in 2025)
3 1 PRANTAE (in 2025)
4 1 CYGENICA (in 2021)
5 1 CYGENICA (in 2021)
1 - 5 out of 8 Angels

VCs who invested in Startups

Sl No. VC Name No. of Startups
Invested
Startups Invested
1 2 Babycue (in 2024), ThinkZone (in 2023)
2 2 INOFINITY (in 2023), Nexus Power (in 2022)
3 1 ThinkZone (in 2019)
4 1 PRANTAE (in 2025)
5 1 Nexus Power (in 2022)
1 - 5 out of 8 VCs
disclaimer
Information provided here has been integrated and curated from multiple public as well as proprietary sources. All efforts have been taken to make it accurate and complete.
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