IncubatorPromoting innovation and entrepreneurship in Indore.
The startup scene in India
Indore is a city in India. StartupBlink’s September 2026 edition ranks Indore 204 globally and 12 in India; these are the publisher’s reported rankings. [83611]
About
Indore is a city in India. StartupBlink’s September 2026 edition ranks Indore #204 globally and #12 in India; these are the publisher’s reported rankings. [83611]
StartupBlink lists Shopkirana as headquartered in Indore and gives its founding year as 2015. Separately, Inc42 describes ShopKirana as a business-to-business platform connecting neighborhood kirana stores with suppliers, and reports roughly $50 million raised across five funding rounds, including a $10 million Series B in 2019. [83612, 83613]
Startup MP’s portal lists the Madhya Pradesh StartUp Policy and Implementation Scheme 2025. Its support page describes investment-linked assistance, but current rules and intake are unverified. [83609, 83610]
Startup ecosystem standing
Where Indore ranks
| Ranking | Edition | Position | Since last edition | Trust | What it measures |
|---|---|---|---|---|---|
 Global Startup Ecosystem Index (cities) | 2025 | #266 | No prior edition | B | Ecosystem, Activity, Finance, Business Climate |
11 organizations with a profile
Who's based in Indore
Incubators 5
Incubator
IncubatorNurturing innovative and disruptive startups.
IncubatorFostering technology incubation and entrepreneurship.
The 3 most prominent of 5. Browse all incubators
Investors 4
InvestorIndependent financial advisory and transaction execution firm.
InvestorEmpowering visionary founders with seed capital and strategic guidance.
InvestorEmpowering businesses and students through digital transformation.
The 3 most prominent of 4. Browse all investors
Accelerators 2
AcceleratorIndia's First Virtual Accelerator
AcceleratorEmpowering early-stage startups and entrepreneurs.
Pick what describes you
Your way in
Raising in Indore
Investors based here, and the programs that take teams at your stage.
Get investor introsFinding startups in Indore
Accelerators and incubators here see the earliest teams first.
Get startups that fitScouting in Indore
Campuses and communities are where teams form before anyone funds them.
Start scoutingFrom public sources
What the sources say about Indore
Inc42 reports a ₹75 crore Gramophone round and a company-attributed reach claim across four states.
Source: Top 20 Funded Startups In Indore 2026Inc42 reports ShopKirana is a B2B kirana retailer-supplier platform and raised roughly $50 million.
Source: Top 20 Funded Startups In Indore 2026StartupBlink lists Shopkirana's headquarters in Indore and its founding year as 2015.
Source: Top Startups in IndoreStartupBlink's Indore page reports ranks of #204 globally and #12 in India.
Source: Top Startups in IndoreStartup MP describes investment-linked support; confirm current rules and intake directly.
Source: Policy for supporting Startups, Help StartupsStartup MP's portal lists a 2025 state startup policy.
Source: Policies and Schemes
Questions about Indore
How does Indore rank as a startup ecosystem?
Its best position is #266 in StartupBlink Index (cities) (2025).
How many startup investors are based in Indore?
4 investors based in Indore have a profile here, including Niraga Capital Private Limited, Equity Wisdom and Mittal Venture Capital. The real number is higher.
Are there accelerators or incubators in Indore?
Yes. Indore has 2 accelerators and 5 incubators on record, including Vaidik Ecosystems Pvt. Ltd. and MII Foundation.
Geographic proximity
Nearby cities to Indore
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