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GovTech Sector in Bengaluru

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About GovTech sector in Bengaluru, India

The GovTech sector in Bengaluru, India comprises 20 companies, including 8 funded companies having collectively raised $52.6M in venture capital money and private equity. Out of these, 4 are Series A+ funded.
GovTech sector in Bengaluru, India has seen 1 acquisition and 1 IPO. This represents almost 10.0% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes government technologies are digital solutions developed for governments and public sector agencies at various levels, for automating their operations and service delivery mechanisms.
GovTech sector is also known as Government Tech or Government Software Tech.

Companies included in GovTech

Companies providing software tools that help public agencies and governments in administration (budgeting, taxation, public procurement, election management) and service delivery. Also included are software and tools that enable communication between citizens and government, empowering citizens to participate in the government decision-making process.

Companies excluded in GovTech

Consulting companies, service providers, resellers, system integrators, solutions for smart cities and utilities, tools and solutions for the education sector and horizontal solutions with the government market being one of the vertical.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Also known as
Government Tech or Government Software Tech

Top GovTech Companies in Bengaluru, India

There are more than 20 companies in GovTech in Bengaluru, India. EMudhra is the top GovTech company in Bengaluru, India, ranked using Tracxn Score (what's this?).
Here are 5 of the top GovTech companies in Bengaluru, India:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Provider of digital signature certificates, PKI, and e-signature solutions
Bengaluru (India)
2008
Public
$26.2M
Developer of modular, open-source platform for building digital identity systems
Bengaluru (India)
2018
Early Stage
$16M
Cloud based RTI fillings management solutions provider
Bengaluru (India)
2014
Seed
$234K
Technology platform that enables users to access information on government and private welfare schemes
Bengaluru (India)
2015
Seed
$3.29M
Online social network for civic issues
Bengaluru (India)
2012
Unfunded
-
Get a longer list of companies

Companies founded year-on-year in the GovTech sector in Bengaluru

3 GovTech startups in Bengaluru were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the GovTech sector in Bengaluru2025202420232022202120202019201820172016Founded Year024Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2025
-
2024
-
2023
1
2022
-
2021
-
2020
2
2019
2
2018
3
2017
-
2016
3

Stage-wise distribution of GovTech sector companies in Bengaluru

Out of the total 20 GovTech companies in Bengaluru, 8 have secured funding. Among them, 4 have reached Series A or higher, and 2 to Series B or beyond.

Founded - 20
Funded - 8
Series A+ - 4
Series B+ - 2
Series C+ - 2
Company Stage
No. of companies
Founded
20
Funded
8
Series A+
4
Series B+
2
Series C+
2
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Top Investors in GovTech in Bengaluru

General Catalyst is the top investor in GovTech companies in Bengaluru based on number of companies invested.
Here are some top investors in GovTech companies in Bengaluru:
Investor
Location
Top Portfolio Companies
Cambridge (United States)
-
Palo Alto (United States)
-
Bengaluru (India)
-
San Jose (United States)
-
San Diego (United States)
-
See a more detailed list of investors

M&A activity in GovTech sector in Bengaluru

In the year 2011, till June 2011, 1 acquisition happened in GovTech sector in Bengaluru.
Here are some recent, important acquisitions in GovTech sector in Bengaluru:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Jun 10, 2011
See a more detailed list of acquisitions

IPOs in GovTech in Bengaluru

In the year 2022, till June 2022, 1 IPO happened in GovTech sector in Bengaluru.
Here are some recent, important IPOs in GovTech sector in Bengaluru:
Company
IPO Date
Exchange Symbol
Jun 01, 2022
National Stock Exchange (NSE), Bombay Stock Exchange (BSE)
See a more detailed list of IPOs

Top News in GovTech in Bengaluru

View all Top News for GovTech companies in Bengaluru

FAQs about GovTech sector in Bengaluru

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