Documents Required for Partnership Firm Registration in India

Budget 2024 Latest Update on Corporate Tax Rate

Finance Minister Nirmala Sitharaman has proposed a reduction in the corporate tax rate for foreign companies, bringing it down from 40% to 35% in the 2024 budget.

Subdivisions of Direct Taxes

Direct taxes in India are categorized as follows:

1. Personal Income Tax
   
   • Paid by individual taxpayers based on their income.
   • Taxed according to predefined slabs at different rates.
2. Corporate Income Tax (CIT)
   
   • Paid by domestic and foreign companies on their income earned in India.
   • The CIT is levied at rates specified by the Income Tax Act, subject to annual revisions in the Union Budget.

What is Pvt. Ltd. Tax Rate?

The Pvt. Ltd. tax rate refers to the corporate income tax rate applicable to private limited companies in India. Under the Income Tax Act, 1961, domestic companies are generally taxed at 30% on their total taxable income, with variations based on turnover and certain conditions.

For companies with a turnover of less than ₹400 crore, the tax rates are as follows:

• Turnover up to ₹1 crore: Taxed at 25%.
• Turnover between ₹1 crore and ₹10 crore: Taxed at 25% on profits exceeding ₹25 lakh, plus an additional ₹25 lakh.
• Turnover above ₹10 crore: Taxed at 30%.

A 4% Health and Education Cess is levied on the total tax payable.

Companies may also opt for a reduced tax rate of 22% under Section 115BAA, provided they forgo certain exemptions and deductions. This option also includes the surcharge and 4% cess.

Additionally, new manufacturing companies incorporated after October 1, 2019, can avail a 15% tax rate (plus surcharge and cess) under Section 115BAB, subject to specific conditions.

Corporate Income Tax Rate for AY 2022-23

The Corporate Income Tax Rate for the Assessment Year 2022-23 varies based on the company's turnover and the applicability of surcharge and cess. Here's a table summarising the effective tax rates:

For Companies with Turnover Above ₹400 Crore

For Companies with Turnover Below ₹400 Crore

Key Budget 2022 Updates

1. No Changes in Tax Rates: The corporate tax structure remained unchanged.

2. Updated Surcharge Cap for Cooperatives: Surcharge capped at 7% for cooperatives with income between ₹1 crore and ₹10 crore.

3. Set-Off for Losses in Case of Start-ups: Extended incorporation date for start-ups to claim tax holiday under Section 80-IAC to 31 March 2023.

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Income Tax Rate for Domestic Manufacturing Companies for AY 2022-23

New manufacturing companies incorporated in India on or after October 1, 2019, and commencing production before March 31, 2023, can avail a concessional tax rate for private limited companies of 15% under Section 115BAB. However, this is subject to certain conditions, such as:

• The company should be engaged in the business of manufacture or production of any article or thing
• It should not be formed by splitting up or reconstruction of an existing business
• It should not use any plant or machinery previously used in India (with certain exceptions)
• The option to avail Section 115BAB must be exercised in the first year of operation

The applicable tax rates for domestic manufacturing companies for the assessment year 2022–23 are outlined below:

Education Cess for Companies

Private limited companies are required to pay an education cess at the rate of 4% on the total income tax, including the applicable surcharge. Below is a detailed explanation of the corporate income tax rates for FY 2021–22 or AY 2022–23:

For companies with a turnover of up to ₹400 crore:

• Income up to ₹1 crore is taxed at 25%.
• Income exceeding ₹1 crore but up to ₹10 crore is taxed at 25% plus ₹25,00,000. A 7% surcharge applies.
• Income above ₹10 crore is taxed at 25% plus ₹2,50,00,000, with a 12% surcharge.

For companies with a turnover exceeding ₹400 crore:

• Income up to ₹1 crore is taxed at 30%.
• Income exceeding ₹1 crore but up to ₹10 crore is taxed at 30% plus ₹3,00,000. A 7% surcharge applies.
• Income above ₹10 crore is taxed at 30% plus ₹3,00,00,000, with a 12% surcharge.

The education cess of 4% is uniformly applicable to the total tax payable, including any surcharge, regardless of turnover.

Ready to incorporate your company? Start your journey with Private Limited Company Registration through Razorpay Rize today!

Income Tax Rate for Foreign Company

Foreign companies, i.e., those incorporated outside India but earning income from Indian sources, are taxed at a basic rate of 40% (plus applicable surcharge and cess). The surcharge is levied at 2% on income between ₹1 crore to ₹10 crores and 5% on income exceeding ₹10 crores.

It is important to note that foreign companies can avail beneficial provisions under the Double Taxation Avoidance Agreement (DTAA) between India and their country of residence to minimize their tax liability.

Minimum Alternate Tax for Company

The Minimum Alternate Tax (MAT) provisions apply to companies whose tax payable under the normal provisions of the Income Tax Act is less than 15% of their book profits. In such cases, MAT is levied at 15% (plus applicable surcharge and cess) of the book profits.

However, MAT is not applicable to companies opting for the concessional tax regimes under Section 115BAA and Section 115BAB. Further, the credit for MAT paid is allowed to be carried forward for 15 years to be set off against future tax liabilities.

H2 - How to Calculate Total Income for a Company?

To arrive at the taxable income for a private limited company, the following steps are involved:

The Corporate Income Tax Rate is then applied to this taxable income to determine the tax liability of the private limited company.

Returns Applicable for Domestic Company for AY 2022-23

Private limited companies are required to file their income tax returns annually. For the assessment year 2022-23, the following returns are applicable:

1. ITR-6: This return is applicable for companies other than those claiming exemption under Section 11 (income from property held for charitable or religious purposes).

2. ITR-7: This return is applicable for companies claiming exemption under Section 11.

The due date for filing the return is 31st October of the assessment year. However, for companies required to furnish a report in Form No. 3CEB under Section 92E (relating to international transactions), the due date is 30th November of the assessment year. Companies must also ensure timely compliance with advance tax payments, TDS/TCS obligations, and tax audit requirements (if applicable) to avoid penal consequences.

Domestic Company Tax Slab for AY 2024-25

For the Assessment Year (AY) 2024–25, the income tax rates for domestic companies depend on their turnover or gross receipts during the financial year (FY) 2020–21, as well as the tax provisions they choose to apply under specific sections of the Income Tax Act. The applicable rates are as follows:

• If the total turnover or gross receipts during FY 2020–21 do not exceed ₹400 crores:
  
  • Tax rate: 25%
• If the company opts for Section 115BA:
  
  • Tax rate: 25%
• If the company opts for Section 115BAA:
  
  • Tax rate: 22%
• If the company opts for Section 115BAB:
  
  • Tax rate: 15%
• For any other domestic company:
  
  • Tax rate: 30%

These rates are exclusive of surcharge and cess, which will be applied additionally based on the applicable income slabs.

Frequently Asked Questions

What Is a Dormant Company?

Under the Companies Act, 2013, a dormant company refers to an entity that is temporarily inactive, with no significant accounting transactions during a financial year. The definition of a dormant company encompasses companies that are:

• Incorporated for future projects
  
• Established to hold assets or intellectual property
  
• Not engaged in any significant financial transactions
  

To be eligible for dormant company status, a company must meet the following criteria:

• No significant accounting transactions during the last two financial years
  
• No filing of financial statements and annual returns with the Registrar of Companies (ROC) in the preceding two financial years
  

It's important to note that a company can remain dormant for a maximum of five consecutive financial years. After this period, the company must either commence operations or apply for an extension of dormant status with the ROC.

Is a Dormant Company Allowed To Trade?

A dormant company is not allowed to conduct significant business transactions, such as:

• Buying or selling goods and services
  
• Engaging in revenue-generating operations
  
• Undertaking any other form of trade
  

However, a dormant company can carry out certain essential activities, including:

• Paying fees and fulfilling compliance requirements under the Companies Act or other applicable laws
  
• Maintaining its registered office and records
  
• Allotting shares to shareholders
  

Engaging in active trading or substantial business transactions may lead to the loss of dormant company status. Therefore, it is crucial for business owners to ensure that their dormant company remains compliant with the prescribed regulations.

A Brief Overview of Dormant Status Under the Companies Act 2013

Section 455 of the Companies Act 2013 introduced the concept of dormant companies to provide a legal framework for businesses that wish to temporarily suspend their operations while maintaining their legal status. This provision allows companies to:

• Preserve their assets and intellectual property
  
• Reduce compliance costs during periods of inactivity
  
• Keep their company name reserved for future projects
  

Meaning of Inactive Company

An inactive company, as per the Companies Act 2013, is a company that:

• Has not conducted any significant financial transactions during the last two financial years
  
• Has not filed financial statements and annual returns with the ROC for the preceding two financial years
  

Reasons for Obtaining the Status of a Dormant Company

There are several reasons why a company may choose to obtain dormant company status:

• To preserve the company name for future business ventures
  
• To hold assets or intellectual property without actively engaging in business operations
  
• To reduce compliance costs and regulatory burdens during periods of inactivity
  
• To facilitate business restructuring or strategic planning
  
• To maintain legal status while the promoters or directors are unavailable due to personal reasons, such as illness, travel, or sabbatical
  

Top 5 Benefits of Opting for Dormant Company Status

1. Reduced Compliance Requirements: Dormant companies are subject to significantly fewer compliance obligations under the Companies Act 2013. This includes exemptions from holding frequent board meetings, appointing auditors, and filing detailed annual returns.
   
2. Cost Savings: By reducing compliance requirements, dormant companies can save on administrative expenses, such as auditor fees, legal costs, and filing charges. This can be particularly beneficial for small businesses and start-ups looking to minimise overhead costs.
   
3. Brand Name Protection: Registering as a dormant company allows businesses to protect their brand name and prevent others from registering a similar name. This is crucial for companies that have invested in building a strong brand identity and want to preserve it for future use.
   
4. Flexibility for Future Business Plans: Dormant company status provides businesses with the flexibility to reactivate their operations when the time is right. This can be particularly useful for companies that are waiting for market conditions to improve or for key personnel to return from extended absences.
   
5. Simplified Annual Filings: Dormant companies are required to file a simplified version of the annual return, known as Form MSC-3. This form requires less detailed information compared to the annual returns filed by active companies, reducing the administrative burden on business owners.
   

By weighing the benefits of dormant company status against the specific needs and goals of their business, entrepreneurs can make informed decisions about whether this legal structure is suitable for their situation.

Mandatory Requirements for Obtaining Dormant Status

To be eligible for dormant company status under Section 455 of the Companies Act 2013, a company must fulfil certain mandatory requirements:

1. No Significant Accounting Transactions: The company must not have carried out any significant accounting transactions during the financial year for which dormant status is sought. This excludes transactions related to the allotment of shares, payment of fees to the ROC, and maintenance of the company's office and records.
2. No Outstanding Liabilities: The company must not have any outstanding loans, whether secured or unsecured, or any other outstanding liabilities. If there are any outstanding unsecured loans, the company must obtain a no-objection certificate from the lenders before applying for dormant status.
3. No Pending Regulatory Actions: There should be no pending inspections, inquiries, or investigations against the company by any regulatory authorities. Additionally, no prosecution proceedings should be initiated against the company under any law.
4. Up-to-date Statutory Filings: The company must have filed all its pending returns, including annual returns and financial statements, with the ROC before applying for dormant status.
5. Shareholder Approval: The company must obtain approval from its shareholders through a special resolution passed at a general meeting. Alternatively, the company can obtain the consent of at least 3/4th of its shareholders by value through a written resolution.

How to File for Dormant Status: A Step-By-Step Guide

Filing for dormant company status involves a series of steps that must be followed in accordance with the provisions of the Companies Act 2013:

1. Convene a Board Meeting: The company's board of directors must convene a meeting to discuss and approve the proposal for obtaining dormant status. The board resolution should authorise the filing of the necessary application and documents with the ROC.
2. Obtain Shareholder Approval: The company must obtain approval from its shareholders either through a special resolution passed at a general meeting or through the written consent of at least 3/4th of the shareholders by value.
3. Prepare the Statement of Affairs: The company must prepare a statement of affairs, including a balance sheet and profit and loss account, as of the date of the application for dormant status. This statement should be verified by an affidavit from the company's directors.
4. File Form MSC-1: The company must file Form MSC-1 with the ROC, along with the necessary supporting documents, including the board resolution, shareholder approval, statement of affairs, and any other relevant documents as specified in the Companies Act 2013.
5. Pay the Prescribed Fees: The company must pay the prescribed fees for filing Form MSC-1, as specified in the Companies (Registration Offices and Fees) Rules, 2014.
6. Obtain Certificate of Dormant Status: Upon verification of the application and supporting documents, the ROC will issue a certificate of dormant status to the company in Form MSC-2.

It is important to note that the entire process of filing for dormant company status must be completed within 30 days of obtaining shareholder approval. Companies should seek the assistance of a qualified professional, such as a company secretary or chartered accountant, to ensure compliance with the prescribed procedures and timelines.

ROC Forms for Registering Dormant Company

• Form MSC-1: This form is used to apply for obtaining dormant company status. It must be filed with the ROC within 30 days of obtaining shareholder approval. The form requires details such as the company's name, registered office address, directors' particulars, and the reasons for seeking dormant status.
• Form MSC-3: This form is used to file the annual return of a dormant company. It must be filed within 30 days from the end of each financial year. The form requires details such as the company's financial position, shareholding pattern, and any changes in the directors' or registered office address.
• Form MSC-4: This form is used to apply for seeking the status of an active company. It must be filed with the ROC when a dormant company wants to commence business operations. The form requires details such as the company's name, registered office address, and the reasons for seeking active status.

Annual Compliance for Dormant Company

While dormant companies enjoy certain relaxations under the Companies Act 2013, they are still required to fulfil essential annual compliance tasks in four key areas:

1. Accounting and Financial Statements: Dormant companies must maintain proper books of accounts and prepare financial statements, including a balance sheet and profit and loss account, for each financial year. These financial statements must be approved by the board of directors and presented at the annual general meeting.
   
2. Statutory Audit: Dormant companies are required to appoint a statutory auditor to conduct an audit of their financial statements. However, dormant companies are exempt from the requirement of auditor rotation, which is mandatory for active companies.
3. Tax Return Filings: Dormant companies must file their income tax returns annually, even if they have not generated any income during the financial year. They are also required to comply with other applicable tax laws, such as the Goods and Services Tax (GST) and Tax Deducted at Source (TDS) provisions.
4. ROC Filings: Dormant companies must file an annual return in Form MSC-3 with the ROC within 30 days from the end of each financial year. This form requires details such as the company's financial position, shareholding pattern, and any changes in the directors' or registered office address.

By fulfilling these annual compliance requirements, dormant companies can ensure that they remain in good standing with the regulatory authorities and avoid any penalties or legal consequences.

Reactivation of a Dormant Company

A dormant company can be reactivated and commence business operations by following the prescribed procedure under the Companies Act 2013:

1. Convene a Board Meeting: The company's board of directors must convene a meeting to discuss and approve the proposal for reactivating the company. The board resolution should authorise the filing of the necessary application and documents with the ROC.
2. File Form MSC-4: The company must file Form MSC-4 with the ROC, along with the necessary supporting documents, including the board resolution and any other relevant documents as specified in the Companies Act 2013.
3. Pay the Prescribed Fees: The company must pay the prescribed fees for filing Form MSC-4, as specified in the Companies (Registration Offices and Fees) Rules, 2014.
4. Obtain Certificate of Active Status: Upon verification of the application and supporting documents, the ROC will issue a certificate of active status to the company in Form MSC-5.

Once the company has obtained the certificate of active status, it can commence business operations and is required to comply with all the provisions of the Companies Act 2013 applicable to active companies, including regular compliance requirements such as holding board meetings, filing annual returns, and appointing auditors.

Conclusion

Dormant company under Section 455 of the Companies Act 2013 is a strategic tool for businesses to preserve their legal identity while suspending operations. It allows companies to protect their brand name, reduce compliance costs, and maintain flexibility for future ventures. To benefit from this status, businesses must meet eligibility criteria and comply with statutory requirements. Seeking professional assistance is advisable to navigate the process effectively and avoid legal issues. This approach is ideal for future projects, asset holding, or temporary business pauses, offering a cost-effective solution for maintaining legal existence.

Frequently Asked Questions

The 100 Rizing Stars of 2025

Below are the 100 startups recognised as Rizing Stars 2025.

• Affluense AI: An AI-powered platform that helps businesses discover and engage HNI & UHNI individuals with real-time, 360° profiles.
• Alchemyst AI: Alchemyst AI is a context engine that provides AI applications with persistent memory, business data, and operational context so agents remain accurate, reliable, and production-ready. It is a standalone context layer that can be integrated into the stack through our APIs, SDKs and MCPs.
• Amyra Farms: Amyra Farms is a Farm-to-Table company dedicated to growing and processing high-quality Coffee, Pepper, and Vanilla.
• Ambitio: AI Copilot for Higher Education Abroad. Ambitio's AI platform assists in the complete study abroad journey, right from program selection to crafting your application and getting those dream admits.
• Amrutam: Amrutam is a global Ayurvedic lifestyle brand on a mission to make Ayurveda accessible, authentic, and contemporary. Rooted in ancient wisdom and backed by modern science, they create holistic solutions for health, wellness, and beauty.
• Avasar: Avasar is a micro-task platform that helps individuals in Tier 2/3/4 India earn income through simple, smartphone-based tasks like referrals, surveys, promotions & gigs.

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• BabyAmore: Baby Amore is a eCommerce website catering to every baby’s need. Their focus is to sell organic, eco friendly and premium baby products.
• Bharat Intelligence: Bharat Intelligence is building India’s operating system for agricultural labour. They organise farm labour into trained, verified crews and deliver agricultural work as a managed service
• Bolna: Bolna is a Voice AI Platform purpose-built for India’s scale, linguistic complexity, and cost sensitivity. They enable enterprises to go live with thousands of concurrent calls in days.
• Bombay Musk: Bombay Musk is a luxury car perfume brand designed to elevate every drive with premium fragrances that embody sophistication and style.
• Booon: Booon.in is India’s First fashion-forward platform delivering all the style needs in just 2 hours.
• Broadway: With a vision of a shared economy in retail, Broadway provides a platform of 20,000+ sq ft canvases in prime malls for brands to paint their stories, captivate consumers through unique narratives and in-person engagements to establish trust and induce trials.

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• Calquity: CalQuity is building the future of equity research with an AI-powered platform that unifies filings, earnings calls, and news into a single intelligent interface.
• Cashvisory: Cashvisory empowers first-time investors with expert-backed strategies and simplified tools, making wealth-building accessible to everyone.
• CellBell: Cellbell primarily offers ergonomic office and gaming chairs online in India, along with related services like delivery, installation, and warranty support. They focus on providing comfortable and durable seating solutions at affordable prices.
• Cleevo: With an unique powder-to-liquid technology, Cleevo aim to inspire a new generation of clean and simplify life.
• Clevrr AI: Clevrr AI is a SaaS platform helping D2C/Consumer brands unify data from 50+ omnichannels into a single source of truth with an AI Agent on top of it.
• CodeAnt: CodeAnt AI is the Code Health platform built for the AI era. They bring AI Code Review, Code Security, Code Quality, and Engineering Metrics into one unified platform.
• Cogniti: Cognitii is a mobile first, AI powered ecosystem that helps schools detect learning needs early, personalise support for children with developmental and learning disabilities, and reduce educator workload.
• Courtyard Farms: Courtyard Farms delivers 100% natural, fresh goat milk and dairy products directly from farm to doorstep, promoting healthier, preservative-free nutrition.
• Crustdata: Crustdata is an AI-powered people and Company Search tool for sales, recruitment and investment with the freshest, most trusted data.

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• DaanVeda: DaanVeda is an AI-driven fundraising intelligence platform, empowering nonprofits to raise more funds efficiently. They offer a unified solution addressing key challenges in the fundraising landscape.
• depX: depX is an AI Ecosystem for DevOps. Deploy, manage and monitor your entire cloud infrastructure with as few as two lines in English. depX offers a no-code, ChatGPT-like interface for DevOps and Cloud engineers.
• Dodo Payments: Dodo Payments is a global Payments & Billing platform helping SaaS and AI-native businesses scale across 150+ countries.
• Dressfolk: Dressfolk is on a mission to modernise timeless Indian weaves. They design and co-produce all garments with the artisan community from scratch.
• Dropon Delivery: Dropon is an emerging startup in eco-friendly, tech-driven logistics, transforming on-demand delivery with AI-powered optimisation and green mobility.

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• Earth Story Farm: Earth Story Farm grows, make and source chemical-free products, preserving the goodness, freshness and locking their complexity of flavours.
• Earthful: Shark Tank-approved Earthful was founded in 2020 by sisters and IIT Kharagpur alumnae Veda Gogineni and Sai Sudha G. They are on a mission to tackle undernutrition in India with clean, plant-based nutrition. Earthful offers 100% natural supplements- free from additives and backed by science.
• Eternz: Eternz is a new-age jewellery and watch marketplace redefining how India discovers and experiences fine craftsmanship. With a deep love for design and detail, they bring together curated collections from India’s finest brands as well as exquisite international names.

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• Findr: Findr is an AI workspace that lets you instantly capture, delightfully organise, and chat with anything you've saved. This includes PDFs, videos, articles, links, emails, information inside apps, and more.
• Fixit: Fixit is an AI-powered junior broker, an agentic sales assistant built for real estate sales who don’t have time to chase dead leads. It qualifies, nurtures, and follows up with every prospect.
• Foramour: Foramour offers 18k gold plated jewellery brand that makes gifting effortless yet thoughtful.
• Frelo: Frelo is an AI based platform for Indian startups seeking top-tier freelancers in Tech, Design and Content. They simplify the hiring process by streamlining the posting of requirements, freelancer selection, and payments.
• Fuell: Fuell provides clean, bite-sized snacks, made from just dry fruits and nuts, with no added sugar or preservatives.
• Future AGI: Designed for the modern era of Generative AI, Future AGI provides intuitive tools for fine-tuning prompts, LLM experimentation, evaluating models, annotating data or optimising performance, making complex AI workflows seamless and efficient.

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• Get Your Lawyers: Get Your Lawyers is a cutting-edge AI-powered SaaS platform designed for legal professionals, providing an all-in-one solution for end-to-end legal practice management.
• GetWebsite.Report: A complete webpage audit tool to get personalised insights & AI-powered actionable fixes to improve design, usability, user experience & SEO on all devices to maximise conversion.
• Gud Gum: Gud Gum is India's first plastic-free, all-natural & biodegradable chewing gum. Free from all artificial sweeteners, flavours & colours.
• Guestara: Guestara is an AI Guest Management Platform designed to meet the needs of hospitality professionals worldwide.

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• Heizen: Heizen is building an ecosystem to build, deploy, and manage fully functional enterprise-grade AI Apps.

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• Indian Hemp Store: Indian Hemp Store is India's 1st Hybrid Hemp Marketplace.
• Indiehaat: IndieHaat was started with a vision and direction to surface the beautiful hidden treasures of the magnificent world of handmade products.
• Ivory: Ivory transforms the ageing experience by nurturing sharper minds and healthier living. They help in the early detection of neurodegenerative risks and provide personalised brain health solutions.

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• Jumkey: Jumkey introduces safer materials for the environment which are skin friendly, sustainable and meets International quality standards.

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• Kaftanize: Kaftanize is a popular clothing line with fashion-conscious ladies.Their clothing is crafted from premium fabrics with an emphasis on simple shapes and understated elegance.
• Komplai: Komplai is an AI-powered solution that helps businesses manage their financial accounts and all regulatory filings.
• Kreo: Kreo is a consumer electronics brand they enable content creators & gamers to elevate their passion beyond limits by providing them with premium products.

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• Lamhenow: Lamhenow is a sustainable gifting solutions company. They are creating products which will be long-term and timeless, keeping in mind the creativity.
• Lawberry: Lawberry is a pioneering legal tech platform that combines AI intelligence with legal expertise. The primary features include AI-powered research, drafting, and summarisation tools, alongside robust case management features.
• Layerpath: Layerpath's Path AI turns the website into a live product conversation. It answers questions, shows the right demo, and books meetings- so your team only talks to ready buyers.

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• Magic Decor: Magic Decor has a curator-driven method to customise wall murals and wall decorative items. Their core is driven by on-demand production and an enhanced manufacturing process driven by automation.
• Magicroll: Magicroll.ai is an AI-powered video editing and creation platform that helps creators, brands, and businesses turn raw footage into polished, engaging videos in minutes.
• Medial: Medial is the next-gen professional social media platform from India to the world.
• MeetMinutes: With support for 30+ languages, including unique mixed languages, seamless integration with popular tools and CRMs, and a focus on capturing key insights and action items, MeetMinutes is an indispensable partner in achieving meeting excellence.
• Mohi Fashion: Mohi Fashion is a curated multi-designer Indian ethnic wear marketplace sourcing from authentic sellers across India for special occasions, weddings.
• Mugafi: Mugafi is a next-gen entertainment powerhouse combining Tech, AI, storytelling, and cultural depth to build original cinematic universes.
• Mumchies: Mumchies offers wholesome traditional-meets-contemporary sweets, savouries & millet delights made with premium ingredients for healthy, delicious snacking.
• My Thrift Baby Loot: My Thrift Baby Loot is an easy platform where Parents can declutter by selling the things that their babies have outgrown to other parents who can buy the essentials at a lot lower than market price, save their money and save the planet in the process too.

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• Nesta Toys: Nesta Toys offer simple & open-ended play where the child drives the playtime. The toys are designed to encourage kids to see new possibilities and spur their imaginations.
• Niyantha: Niyantha is building the Vehicle Cloud and AI Platform for transportation, agriculture and seafood supply chains.
• Nuvie: Nuvie is redefining healthy eating by creating food products that make wellness both enjoyable and accessible.

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• OhNuts: Oh! Nuts is a health-focused snack brand from India that’s reinventing how people think about munching- with chips made from real nuts that are crispy and flavourful

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• Pinq Polka: Pinq Polka provides high-quality products that address both women’s hygiene and fashion needs, helping them navigate each day with assurance and poise.
• Pipeshift: Pipeshift is a fast, scalable, and production-ready orchestration platform to build with open-source AI- embeddings, vector databases, LLMs, vision models, and audio models- in any cloud or on-prem.
• Praylady: Praylady has gained a niche through its state-of-the-art manufacturing technology, and for producing unparalleled cookware that rings a bell in every kitchen in town.
• Pype AI: Pype AI delivers ready-to-deploy, speciality-trained voice agents for healthcare. They automate critical patient interactions- scheduling, follow-ups, treatment prep, and 24/7 support- helping hospitals go live in days.

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• Quash: Quash is a SaaS tool that helps companies streamline and speed up their software testing process. It helps testers report bugs quickly, and assists developers in resolving them.
• QuicReach: QuicReach offers pre-scheduled shared cabs tailored for solo travellers. Their solution combines the affordability of public transport with the comfort of personal cabs, providing a unique and much-needed alternative for long-distance travel.

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• Ressl AI: Ressl AI is building the future of Salesforce implementation and operations, powered by AI agents. They partner with fast-growing companies to scale their Salesforce orgs without scaling headcount.
• Ruskle: Ruskle is a modern Indian snack brand reinventing the traditional rusk with baked, flavour-rich, no-maida varieties like Butter Garlic, Blueberry, Green Chutney, and more for guilt-free tea-time snacking.
• Rustic Art: Rustic Art is an organic and natural personal and home care brand that believes in sustainable manufacturing and a sustainable lifestyle. All the products are cruelty-free & vegan.

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• SaveSage: SaveSage simplifies a user's credit card journey by helping them choose the best card based on their spending habits.
• Scoutflo: Scoutflo is on a mission to make Infrastructure management self-serve for developers.
• Shram: An AI-powered to-do list that automatically captures tasks from the screen and voice, so work manages itself.
• Silver talkies: Silver Talkies is a pioneering social enterprise on a mission since 2014 to make healthy and active ageing a desirable and viable goal for older adults.
• SimplAI: SimplAI is a full-stack Agentic AI Operating System built for enterprises that need to move beyond isolated LLM experiments and deploy AI that actually runs production workflows.
• Skillsync: Skillsync is a search platform to find engineers & scientists based on their code / research. They are on a mission to organise the world's talent.
• Sprentzo: Sprentzo is an innovative sports platform with a mission to make sports more accessible, affordable, and community-driven across India.
• Stimuler: Stimuler is building audio-AI to help the global population speak (English) better! Their advanced AI engines listen, provide detailed feedback on the essential speech metrics & then provides guided practice for improvement!
• Stumbll: Stumbll Events is an AI-powered event planning and management platform designed to simplify organising mid-sized gatherings (25-100 attendees).
• Sunfox: Sunfox Technologies is at the forefront of cardiac healthcare innovation, transforming lives with their flagship product, Spandan.
• Supaboard: Supaboard is an AI analytics platform transforming scattered data into actionable insights without requiring a data team.
• SuperErgo: SuperErgo is a work-tech brand revolutionising the modern workspace with ergonomically designed furniture and accessories.
• Swastya Organic farms (Lokkanahalli): Pure, chemical-free organic foods & wellness products crafted with traditional farming and women-led care for healthy living.
• Swizzle: Swizzle offers refreshing ready-to-drink mocktails that bring clean, premium taste to every sip- perfect for modern, health-conscious drinkers.

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• Tagda Raho:  Tagda Raho is reviving India’s traditional strength training with handcrafted gada, mudgar and functional workouts for modern fitness.
• Theater Apparel: Theater is a dynamic and rapidly growing fashion startup based in India. Their mission is to create India's best design-led, mass-premium western fashion company.
• Trackk: Trackk is a New-Gen trading platform, designed for speed, precision, and simplicity. From faster trading to insightful analytics, they're reimagining how the new generation connects with wealth and opportunities.
• Trupeer AI: Trupeer AI is the AI video platform for the end-to-end software lifecycle.
• Twiddles: Twiddles brings indulgence without guilt. Co-founded by cricketing legend Yuvraj Singh, they create delicious, nut-based spreads and snackable bites that combine rich flavours with healthy ingredients.

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• Unjob.ai: Unjob. ai is the world’s first AI-powered freelance platform that helps brands hire talent instantly, without job posts, interviews, or endless browsing.
• Urban Animal: India's 1st dog DNA test to understand a dog's genetic makeup to provide smarter care!

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• Vaani AI: Vaani research is building the next generation of human-like Voice AI systems that can handle & automate complex, longer conversations with unmatched accuracy and empathy.
• Veltos AI: Veltos AI is a next-gen game generation platform that empowers anyone to create, play, and share games with the power of AI.
• VideoSDK: VideoSDK is providing end-to-end solutions in real-time communication technology. They started with mission is to help developers build interactive and immersive live video experiences.
• Vyom: Vyom is building the platform to power the future of autonomous robots and drones. They are creating a software-defined ecosystem to empower the robotics industry with unmatched adaptability, flexibility, and scalability.

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• Yuji Labs: Yuji Labs is building industrial intelligence grounded in physics, engineering, and real operational experience.
• Zillout: Zillout is an AI-powered system running the world's most loved venues & experiences.
• Zivy: Zivy tracks conversations across all the Slack channels and brings critical messages to the surface.

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The Rizing Stars of 2025 are a reflection of the everyday realities of building a startup. The late nights, the pivots, the first yes, the many no’s, and the quiet milestones that don’t always make headlines. These 100 startups represent founders who kept showing up, learning from each other, and moving forward with conviction.

And as more founders join the Rize community, this list will continue to grow- bringing new stories, new breakthroughs, and new journeys into focus. Today, we celebrate 100. Tomorrow, there will be many more and we’re excited to build that future together!