Startup India Scheme: Eligibility Criteria, Benefits & Application Details

What is a Micro Finance Company?

A Micro Finance Company is a financial institution that provides small loans and financial services to low-income individuals, self-employed persons, and small enterprises who lack access to conventional banking services.

These companies play a vital role in empowering economically weaker sections, supporting entrepreneurial initiatives, and fostering local economic development by promoting financial inclusion.

Features of Micro Finance Company

Micro Finance Companies are characterised by:

• Providing small-ticket loans, typically without the need for collateral
  
• Targeting low-income, rural, and unbanked populations
  
• Offering simplified and accessible loan approval processes
  
• Promoting financial literacy and inclusive banking
  

Objectives of Micro Finance Company

The main objectives of an MFC include:

• Promoting financial inclusion for low-income individuals
  
• Empowering women and self-employed entrepreneurs
  
• Supporting small businesses and farming communities
  
• Encouraging savings and responsible financial behaviour
  
• Driving sustainable economic growth in underserved areas
  

Need for Micro Finance Company

There is a growing need for MFCs due to the lack of access to formal credit channels among the financially marginalised. Traditional banks often require credit history and collateral, which many low-income individuals cannot provide.

MFCs bridge this gap by offering unsecured loans and financial products tailored to the needs of small businesses, farmers, and micro-entrepreneurs.

Roles of a Micro Finance Company

Micro Finance Companies perform various functions that support economic empowerment:

• Disbursing microloans to low-income individuals and small enterprises
  
• Offering savings schemes and recurring deposit products
  
• Providing insurance and risk mitigation solutions
  
• Conducting financial literacy and awareness programs
  

Prerequisites for Microfinance Company Registration

A Micro Finance Company (MFC) can be registered either as an NBFC or as a Section 8 Company. The prerequisites vary depending on the type of entity you choose.

Documents Required for Micro Finance Company Registration

Key documents include:

• Identity and address proof of directors
  
• Memorandum and Articles of Association
  
• Business plan and financial projections
  
• RBI approval (for NBFCs)
  
• Certificate of Incorporation (for Section 8 companies)
  
• Net Owned Fund certificate (for NBFCs)
  
• Copy of Auditor’s report
  
• Banker’s report copy
  
• Recent credit report of the directors
  
• Net worth certificate of the directors
  
• Proof of work experience in the financial sector
  
• Tax and statutory compliance documents
  

Micro Finance Company Registration as an NBFC

Given the two different approaches to forming a microfinance company, the registration process for an NBFC-MFI follows a specific set of steps:

1. Company Incorporation:
   The first step is to register your business as either a Public Limited or a Private Limited Company. A private company requires a minimum of 2 members and a capital of ₹1 lakh, while a public company requires at least 7 members.
   
2. Capital Requirement:Next, you must raise the minimum required Net Owned Funds (NOF)- ₹5 crore for most regions.
   
3. Capital Deposit:
   Once the capital is raised, it must be deposited in a bank as a fixed deposit, and a ‘No Lien’ certificate must be obtained from the bank to confirm the funds are unencumbered.
   
4. RBI License Application:
   The company must then apply for an NBFC license by submitting an online application through the RBI’s portal, along with all necessary certified documents. Additionally, a physical copy of the application and documents must be submitted to the RBI’s regional office.
   
5. All documents should be readily available with the company at the time of filing.
   

Micro Finance Company Registration as a Section 8 Company

Alternatively, a Micro Finance company can be registered as a Section 8 Company, which is a not-for-profit entity. The steps involved in this process are:

1. Obtain DSC:
   
2. Begin by applying for the Digital Signature Certificate (DSC) for all proposed directors. The DSC is essential for digitally signing e-forms during the registration process.
   
3. Name Approval:
   
4. Next, apply for name approval using the SPICe+ form. The chosen name should reflect the company's non-profit nature- suggested words include Foundation, Sanstha, or Micro Credit.
   
5. Draft and File MOA & AOA:
   
6. Once the name is approved, prepare the Memorandum of Association (MOA) and Articles of Association (AOA). These must be filed along with the necessary supporting documents.
   
7. Submit Incorporation Documents:
   
8. Finally, all relevant incorporation documents, including Form INC-12, must be filed to obtain the license to operate as a Section 8 company.
   

Micro Finance Company Registration Fees

Registration fees vary based on the chosen structure:

• NBFCs: Government registration charges, RBI license fee, legal and consultancy fees, and compliance setup costs.
  
• Section 8 Companies: Lower fees due to no capital requirement; includes MCA license charges, incorporation costs, and legal consultations.
  

Registration Process of the Company with the RBI

Step 1: Register the Brand Name as a Trademark

Before proceeding with the RBI registration, it’s important to secure your brand identity. Registering your brand name or logo as a trademark under the Trademarks Act, 1999, ensures legal protection and exclusive rights to use the name across India.

Step 2: Incorporate the Company and Obtain a Certificate of Incorporation

Begin by registering your business as a Private Limited or Public Limited Company under the Companies Act, 2013 via the Ministry of Corporate Affairs (MCA) portal.
You will receive a Certificate of Incorporation (CoI) upon approval, which acts as the legal foundation for your microfinance company.

Step 3: Deposit Capital and Obtain No Lien Certificate

Raise the required Net Owned Funds (NOF)—₹5 crore (₹2 crore for northeastern states)—and deposit it as a Fixed Deposit in a scheduled commercial bank. Obtain a No Lien Certificate from the bank, confirming the funds are unencumbered and reserved as per RBI norms.

Step 4: Prepare and Submit the Detailed Project Report (DPR)

Create a robust Detailed Project Report covering your business plan, financial projections, risk management policies, organisational structure, and promoter background.

Step 5: Complete RBI Formalities and Gather Certified Documents

Collect all required documents, including:

• Certificate of Incorporation
  
• MOA & AOA
  
• PAN & TAN
  
• No Lien Certificate
  
• Board resolutions
  
• Audited financials (if available)
  

Step 6: Submit Online Application via RBI's Portal

Access the portal and complete the online NBFC-MFI application. Upload all necessary documents and ensure there are no errors or omissions in the form.

Step 7: Submit a Physical Application to the RBI Regional Office

After the online submission, send a hard copy of your application, including all enclosures and supporting documents, to the Regional Office of the RBI under whose jurisdiction your company falls.

Conclusion

Registering a Micro Finance Company enables you to reach underserved communities while operating within a legal and trusted framework.

Each model has its own advantages. NBFCs are ideal for those looking to operate commercially, access capital markets, and build a for-profit lending institution with high compliance standards. On the other hand, Section 8 Companies are best suited for nonprofit or social enterprise models focused on financial literacy, community development, or charitable micro-lending.

Frequently Asked Questions

What is a Private Limited Company?

A Private Limited Company is a business structure in India registered under the Companies Act, 2013. It is a separate legal entity from its owners, with its own rights and liabilities. Characteristics of private company include limited liability for shareholders, restrictions on share transfers, and a minimum of two members.

Under Section 2(68) of the Companies Act, 2013, a Private Limited Company is defined as a company that restricts the right to transfer its shares, limits the number of members to 200 (excluding employees), and prohibits any invitation to the public to subscribe for its securities.

Characteristics of a Private Limited Company

Characteristics of private companies make it a preferred business structure for growing startups and SMEs in India. A Private Limited Company has several distinct characteristics that define its structure, ownership, and operations. Features of a private limited company such as limited liability, perpetual succession, easier fundraising, and professional image help entrepreneurs scale their business while mitigating risks. Understanding these features of a private limited company is crucial for entrepreneurs considering this business model. These include:

Separate Legal Entity

A Private Limited Company is a separate legal entity from its shareholders. This means the company can enter into contracts, own assets, incur liabilities, and sue or be sued in its own name. The company's existence is independent of its members, providing continuity and perpetual succession.

Limited Liability of Members

One of the biggest advantages of a Private Limited Company is the limited liability protection it offers to its shareholders. The liability of members is limited to the amount of share capital they have subscribed to. Their personal assets are protected in case the company faces losses or legal issues. This reduces the financial risk for shareholders.

Minimum and Maximum Members

A Private Limited Company requires a minimum of two members and can have a maximum of 200 members (excluding employees). These members can be individuals, other companies, or foreign entities. Having multiple shareholders allows for pooling of resources and expertise.

Restriction on Share Transfer

Shares of a Private Limited Company cannot be freely transferred to the public. Any transfer of shares requires the approval of the company's Board of Directors. The right to transfer shares is restricted by the company's Articles of Association, and existing shareholders have the first right to purchase any shares offered for sale. This helps maintain control over ownership.

Minimum Capital Requirement

There is no minimum capital requirement for incorporating a Private Limited Company in India. This makes it easier for startups and small businesses to adopt this structure without significant upfront investment. However, the company's authorized and paid-up capital must be mentioned in its Memorandum of Association.

Perpetual Succession

A Private Limited Company has perpetual succession, which means its existence is not affected by the entry or exit of members. The company continues to operate even if all the original shareholders and directors change over time, providing stability and continuity for the business.

Use of "Private Limited" in Name

A Private Limited Company must use the words "Private Limited" or "Pvt Ltd" at the end of its name. This helps distinguish it from public limited companies and sole proprietorships. The name should not be identical or too similar to any existing company to avoid confusion.

Mandatory Registration

Incorporation of a Private Limited Company is mandatory and must be registered with the Registrar of Companies (ROC). The company comes into existence only upon registration and is given a Certificate of Incorporation. This is different from sole proprietorships and partnerships, which can operate without formal registration.

Statutory Compliance

Private Limited Companies are subject to various statutory compliances under the Companies Act, 2013. These include conducting board meetings, maintaining statutory registers and records, filing annual returns, and appointing auditors. Non-compliance can lead to penalties and legal consequences.

Documents Required to Register a Private Limited Company

1. Director Identification Number (DIN) for each proposed director

2. Digital Signature Certificate (DSC) for each proposed director

3. Proof of identity and address for directors and shareholders

4. Proof of registered office address

5. Memorandum of Association (MOA) and Articles of Association (AOA)

6. Consent letters from directors

7. PAN card of directors and shareholders

8. Passport-size photographs of directors

Process to Register Private Limited Company

Incorporating a Private Limited Company involves obtaining Director Identification Number (DIN), Digital Signature Certificate (DSC), and filing necessary documents required for pvt ltd registration. Seeking professional advice from legal and financial experts can help navigate the registration process smoothly. The process of registering a Private Limited Company involves the following steps:

1. Obtain Director Identification Number (DIN) for each proposed director: Directors must apply for a DIN through the SPICe+ (Simplified Proforma for Incorporating a Company Electronically Plus) form. DIN can also be applied during incorporation.
2. Acquire Digital Signature Certificate (DSC) for each proposed director: All directors and shareholders must obtain a Class 3 Digital Signature Certificate (DSC). The DSC is used to sign forms electronically during the registration process.
3. Select and apply for a unique company name through the RUN (Reserve Unique Name) service: Use the RUN (Reserve Unique Name) service on the MCA portal to propose a unique company name. Ensure compliance with the Companies Act, 2013 and avoid prohibited or identical names.
4. Draft the Memorandum of Association (MOA) and Articles of Association (AOA): Draft key documents, including:

• Memorandum of Association (MoA) – Defines the company’s objectives.
• Articles of Association (AoA) – Details operational rules and regulations. Obtain affidavits, declarations, and consent from directors.

5. File the SPICe+ form along with required documents and payment of fees: Submit the SPICe+ form on the MCA portal with DSC. Attach MoA, AoA, and applications for PAN, TAN, and GST registration (if applicable). Pay the required fees and stamp duty online.
6. Obtain Certificate of Incorporation from ROC upon successful registration: Upon approval, the Certificate of Incorporation is issued by the Registrar of Companies (RoC). This includes the Company Identification Number (CIN), confirming legal status.

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Types of Private Limited Companies

Based on the liability of members, Private Limited Companies can be categorised into three types:

1. Company Limited by Shares: The liability of members is limited to the amount unpaid on their shares. This is the most common type of Private Limited Company.
2. Company Limited by Guarantee: The liability of members is limited to the amount they have agreed to contribute to the company's assets in the event of its winding up.
3. Unlimited Company: Members' liability is unlimited. They are liable for the company's debts and obligations.

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!