Here is the list of top startups by IIT Madras Alumni
1. Swiggy
Online platform that enables users to order food, groceries, and dining‑out options. It coordinates pickup and delivery services for a wide range of restaurants and retail partners.
Key facts about Swiggy
2. Ather Energy
Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services. Its product lineup includes models like the Ather 450 series and Rizta, supported by a connected software platform that enables navigation, ride intelligence, diagnostics, and over-the-air updates. It operates an integrated EV ecosystem that includes fast-charging infrastructure, smart accessories such as connected helmets, and Battery-as-a-Service (BaaS) models that reduce upfront ownership costs. It also provides digital services like ride analytics, smart dashboard features, and charging network access to enhance user experience.
Key facts about Ather Energy
- Founded Year: 2013
- Location: Bengaluru (India)
- Stage: Public
- Total Funding till date: $502M
- Investors: Hero MotoCorp, NIIF and 40 Others
- Latest Funding Round: Post IPO, Aug 25, 2026, $*****
- Tracxn Score: 85/100 What is this?
- Competitors Rank: 1 of 632 Competitors
3. Upwork
Provider of freelance marketplace connecting businesses with independent talents. It offers an AI powered suggestions, screening questions, and boosted proposals for visibility, built-in tool with screenshots and activity logs for hourly work transparency . It provides in-app messaging, file sharing, video calls, and mobile apps for iOS and Android.
Key facts about Upwork
- Founded Year: 1999
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $74M
- Investors: Benchmark, T. Rowe Price and 24 Others
- Latest Funding Round: Post IPO, Aug 10, 2021, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 3,410 Competitors
4. Rentomojo
Provider of rental furniture, appliances, and electronics. This service offers a convenient way for individuals to access household goods and technology through a rental model.
Key facts about Rentomojo
- Founded Year: 2014
- Location: Bengaluru (India)
- Stage: Public
- Total Funding till date: $58.7M
- Investors: Accel, Chiratae Ventures and 48 Others
- Latest Funding Round: Series D, Jan 16, 2026, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 1 of 27 Competitors
5. JetSynthesys
Developer of digital gaming software and creator of entertainment content. Operations include the production of mobile games and the management of competitive electronic sports leagues. Activities involve publishing digital media and facilitating community engagement through interactive platforms. The business focuses on building intellectual property for digital entertainment and managing talent networks within the gaming sector.
Key facts about JetSynthesys
- Founded Year: 2010
- Location: Pune (India)
- Stage: Series B
- Total Funding till date: $91.9M
- Investors: Pratithi Investments, Rising Sun Holdings and 30 Others
- Latest Funding Round: Series B, Jul 09, 2026, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 3 of 12,681 Competitors
