How many companies are there in Maldives?

As of Nov 2026, there are 563 companies in Maldives.

How many companies in Maldives have received funding?

As of Nov 2026, a total of 21 companies in Maldives have secured funding.

How many acquisitions have taken place in Maldives?

As of Nov 2026, Maldives has seen a total of 4 acquisitions.

Startups in Maldives - 2026 Latest Funding Rounds, Trends and News

Maldives has over 563 startups across the country. Of these, 21 are funded companies that have collectively raised $88.9M in venture capital and private equity. A total of 8 investors have participated in 20 funding rounds. In the last five years, 59 new companies have been founded. Startups in Maldives have witnessed 4 acquisitions and 3 IPOs, while 48 startups wrapped up operations.

Key Metrics

Total Companies

563

Top Companies

Dhiraagu, Bank of Maldives & 3 more

Total Funding

$88.9M

Funded Companies

Series A+ Companies

Series C+ Companies

IPOs

Acquisitions

View complete details of startups in Maldives

Dhiraagu is the top company in Maldives, ranked using Tracxn Score (what's this?).

Here are 5 of the top companies in Maldives:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Dhiraagu	Provider of cellular voice & data, fibre, and wireless broadband internet services for residential & business customers	Male (Maldives)	1988	Public	-
Bank of Maldives	Commercial bank	Male (Maldives)	1982	Unfunded	-
Ooredoo Maldives	Integrated telecommunication services provider	Male (Maldives)	2005	Unfunded	-
Niyama	Operator of luxury private island resorts offering villas and pavilions with various amenities. Guests can choose between islands focused on relaxation or adventure activities. The resorts feature multiple dining options, a spa, and kids' club. Accommodation ranges from beach villas to overwater pavilions, some with private pools. The resorts also offer water sports and unique experiences.	Maldives	2004	Unfunded	-
Maldivian	Online platform for flight bookings	Male (Maldives)	2000	Unfunded	-

Get a longer list of companies

In the year 2011, till February 2011, $29.5M has been raised in 1 equity funding round across Maldives.

Here are some recent, important funding rounds in Maldives:

Company	Round Raised	Amount Raised	Funding Date	Investors
Udupicsl	Seed	8406	Feb 28, 2011	-
Male' Water & Sewerage Company	Series C	8012	1995	Impact Fund Denmark

See a more detailed list of funding rounds

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560+ Total Companies
$88.9M+ Total Funding
20+ Funded Companies
3 IPOs
4 Acquisitions

Europa is the top investor in companies of Maldives based on number of companies invested.

Here are some top investors in Maldives:

Investor	Location	Top Portfolio Companies
Europa	Belgium	Medianet, The Maldives National University and Villacollege
Impact Fund Denmark	Copenhagen (Denmark)	Male' Water & Sewerage Company and Trans Maldivian Airways
PCH	Male (Maldives)	VB Brothers and Eriyadu Island Resort
Vista Capital	Colombo (Sri Lanka)	Renewable Energy Maldives
People/s Bank	Colombo (Sri Lanka)	The Hawks

See a more detailed list of investors

In the year 2017, till December 2017, 2 acquisitions happened in Maldives. Last year, in 2016, a total of 1 acquisition happened in Maldives.

Here are some recent, important acquisitions in Maldives:

Company	Acquisition Type	Acquisition Date	Acquirers
Trans Maldivian Airways	Business Acquisition	Dec 18, 2017	Tempus and 1 more
Angsana	Business Acquisition	Oct 13, 2017	Parkway Pantai
Serena Spa	Business Acquisition	Jan 21, 2016	Heaven on Earth Wellness
Wataniya	Business Acquisition	Jun 27, 2012	Ooredoo Qatar