Top 10 Startups in Chennai Making Waves in Innovation and Growth

SUMMARY
Chennai is another emerging startup hub in India. Startups here are backed with strong government support and have world-class tech facilities and talented graduates from places like IIT Madras. These startups are leveraging the latest technologies and local talent to make waves across the world. They contribute to the job creation in India, as well as its economy. Here, we’ll explore the top 10 startups in Chennai that are disrupting industries with creative and daring ideas.
Below is the list of these startups with details
Company Name | Founding year | Key Industry | Revenue (FY24) in INR |
Agnikul Cosmos | 2017 | Space tech | 9.3 crore |
BankBazaar | 2008 | Fintech | 215 crore |
Chargebee | 2010 | SaaS | 370.8 crore |
Freshworks | 2010 | SaaS | 6,180 crore |
Kissflow | 2012 | SaaS | 66.5 crore |
M2P Fintech | 2014 | Fintech | 382 crore |
Netmeds | 2015 | Healthtech | 68.9 crore |
SuperOps | 2020 | IT management | 37.45 crore |
Yubi (formerly credavenue) | 2020 | Fintech | 484 crore |
Zoho Corporation | 1996 | SaaS | 9,372 crore |
*The list follows alphabetical order.
Agnikul Cosmos
- Founded: 2017
- Founders: Srinath Ravichandran, Moin SPM, Satyanarayan Chakravarthy, Janardhana Raju
- Employees: 230+ (2025)
Agnikul Cosmos is revolutionizing India’s space sector from Chennai. It is revolutionizing access to orbit for small satellites by developing customizable, cost-efficient rockets. Utilizing innovative 3D-printed rocket engines, the company tailors solutions for small satellite operators. Its flagship rocket, Agnibaan, is designed to carry up to 100 kg to Low Earth Orbit (LEO), offering affordable, on-demand launches. The firm is redefining the reality of space access.
Key Features:
- Green fuels to reduce pollution.
- In-house designs for dependable launches on demand.
- World’s first fully 3D-printed rocket engines, reducing production time.
Bankbazaar

- Founded: 2008
- Founders: Adhil Shetty, Arjun Shetty, Rati Shetty
- Employees: 790+ (2025)
Bankbazaar makes financial decision-making easy for a consumer by providing an online marketplace to browse through home loans, cards and insurance. It enhances financial literacy for everyone through free credit score checks and AI-based personalized recommendations. It’s grown by serving millions, especially in underserved areas. This startup also highlights Chennai’s fintech boom.
Key Features:
- Free credit score tracking with improvement tips.
- AI-powered recommendations for personalized offers.
- Co-branded cards for faster approvals and rewards.
Chargebee

- Founded: 2010
- Founders: Krish Subramanian, Rajaraman Santhanam, Saravanan KP, Thiyagarajan Thiyagu
- Employees: 760+ (2025)
Chargebee helps global businesses manage subscriptions and billing. The SaaS company automates payment for clients. Its cloud platform automates revenue processes, serving thousands of companies in over 100 countries. From Chennai, Chargebee empowers SaaS firms to focus on growth over financial complexities. The startup plans to launch new features for international payments this year.
Key Features:
- Smooth integrations with tools such as Stripe.
- Analyzing to cut churn and find revenue trends.
- Automated invoicing and dunning for better cash flow.
Freshworks

- Founded: 2010
- Founders: Girish Mathrubootham, Shan Krishnasamy
- Employees: 5,000+ (2025)
The SaaS platform provides easy cloud-based management of all customer interactions, including those of customer service, sales, and marketing with Freddy AI. The startup offers products like Freshdesk and Freshsales for businesses. This Chennai startup makes CRM affordable and effective for small businesses. Freshworks serves tens of thousands of customers and it continues to innovate with AI features.
Key Features:
- AI chatbots for 24/7 customer support.
- Combined email, phone and social support platform.
- Free tiers to help startups scale cost-effectively.
Kissflow

- Founded: 2012
- Founder: Suresh Sambandam
- Employees: 350+ (2025)
Kissflow allows people who don’t know how to code to create apps for business processes. It makes work easier with no-code tools for workflows. This low-code platform streamlines approvals and automation, serving thousands of organizations. The company is modernizing the traditional and complex systems into efficient ones. The platform is used globally across different sectors, including HR and finance.
Key Features:
- Drag-and-drop tools for rapid app creation.
- AI-driven workflow optimization.
- Mobile-ready apps with offline functionality.
M2P Fintech

- Founded: 2014
- Founders: Madhusudanan R, Prabhu Rangarajan, Muthukumar Ayyakkannu
- Employees: 1,000+ (2025)
M2P Fintech provides APIs for banks to launch digital financial products. The company develops tech for apps and banks in Asia and Africa. It covers everything from payments, lending, and cards. The firm serves over 200 banks and billions in transactions, bridging the traditional banking gap with modern technology. M2P Fintech operates in 30 markets, including the Asia Pacific and Oceania regions.
Key Features:
- Ready-to-use APIs for instant payment gateways.
- White-label solutions for custom banking apps.
- Compliance tools for secure regulatory adherence.
Netmeds

- Founded: 2015
- Founder: Pradeep Dadha, Bruce Schwack
- Employees: 2,000+ (2025)
Netmeds, an online pharmacy delivery platform, offers genuine medicines and wellness products. It makes healthcare accessible with doorstep service across India. The company was acquired by Reliance in 2020. It offers generics, teleconsultations, and lab tests, tackling fake drugs and high costs while serving remote areas. Netmeds uses tech for fast deliveries and consultations, helping rural areas too.
Key Features:
- Same-day delivery with prescription uploads.
- Discounts on subscriptions and bulk purchases.
- Telemedicine for quick virtual consultations.
SuperOps

- Founded: 2020
- Founders: Arvind Parthiban, Jayakumar Karumbasalam
- Employees: 200+ (2025)
SuperOps.ai uses AI to manage IT for service providers. It automates operations like client management, combining monitoring, ticketing, and automation. This Chennai startup helps MSPs save time and reduce errors in an online world. SuperOps stands out by simplifying IT management for small businesses. This startup shows Chennai’s edge in AI and software while driving growth.
Key Features:
- Real-time network issue alerts.
- Automated patching and backups for security.
- AI-powered dashboards for predictive insights.
Yubi (Formerly CredAvenue)

- Founded: 2020
- Founder: Gaurav Kumar
- Employees: 1,200+ (2025)
Yubi connects borrowers and lenders via a digital debt marketplace. Rebranded from CredAvenue in 2022, the fintech platform makes loans and financial inclusion easier. This Chennai fintech leader accelerates funding for SMEs with transparency and speed. Yubi’s tech makes B2B finance faster and transparent. The firm is expanding to more underserved areas. This startup underlines Chennai’s fintech innovation, helping businesses grow with better funding access.
Key Features:
- Single platform for diverse funding options.
- AI-driven rate matching for quick approvals.
- End-to-end tracking of loan processes.
Zoho Corporation

- Founded: 1996
- Founder: Sridhar Vembu, Sreenivas Kanumuru, Tony G. Thomas
- Employees: 17,000+ (2025)
Zoho offers cloud software for a suite of more than 50 business apps, such as accounting, marketing and CRM. The startup already has over 80 million global users in 180 countries. Zoho expanded without outside funding by focusing exclusively on privacy and cost-effective tools for small businesses. The company competes against giants like Google and has managed to stay ad-free. Zoho is an example of how you don’t have to have big investors to succeed globally.
Key Features:
- Integrated apps with seamless syncing.
- AI assistant Zia for predictive analytics and task automation.
- Strong encryption and offline access.
Conclusion:
These startups reflect the way tech talent in Chennai is not only building global products but also creating jobs and inspiring others. They are also fueling technological innovation and economic development throughout the country. In this article, we took a look at the top 10 startups in Chennai that are changing the industry with their innovation while contributing to a larger cause.
FAQs:
Why is Chennai emerging as a startup hub?
Because of its strong talent pool, affordable infrastructure, and support from institutions like IIT Madras.
Which industries dominate the Chennai startup scene?
SaaS, fintech, healthtech, edtech, logistics, and clean energy.
How do Chennai startups stand out from others in India?
They are especially strong in SaaS and deep-tech innovation.
Are Chennai startups attracting global clients?
Yes, companies like Zoho and Freshworks have international customer bases.
What role does IIT Madras play in Chennai’s startup ecosystem?
It provides incubators, accelerators, and research-driven support for entrepreneurs.
Do investors actively fund Chennai-based startups?
Yes, both Indian and global investors are increasingly interested in them.
How do Chennai startups impact job creation?
They generate employment across technology, sales, operations and marketing.
What government support exists for startups in Chennai?
Tamil Nadu’s Startup & Innovation Policy provides grants, tax benefits and mentorship.
What are some successful Chennai startups?
Zoho, Freshworks, Chargebee and BankBazaar are notable examples.
What is the future outlook for Chennai’s startup ecosystem?
It is expected to grow rapidly, especially in SaaS, clean tech and AI-driven solutions.
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