March 2026 proved to be a challenging month for the Indian startup ecosystem, marked by geopolitical tensions in West Asia that led to supply chain disruptions and market fluctuations. This volatility has significantly impacted new-age tech stocks.
Rising oil prices have further inflated operational costs, particularly affecting logistics-heavy sectors like mobility and food delivery. Many eateries have temporarily closed due to the LPG crisis.
Investment activity has also slowed, with Indian startups raising $2.3 billion in Q1 2026, a 26% drop from the previous year. The number of deals fell by 13% year-on-year to 260.
On the IPO front, only one tech company, SEDEMAC, successfully listed in March, while PhonePe postponed its plans amid the ongoing geopolitical issues.
Despite these challenges, there are positive developments. Startups like Zetwerk and RentoMojo have filed their Draft Red Herring Prospectuses (DRHPs), and established companies such as Flipkart and Jio Platforms continue their IPO processes. Moreover, Indian AI startups are attracting renewed investor interest.
In this context, we present the latest edition of “30 Startups To Watch,” highlighting emerging players in the deeptech ecosystem alongside established sectors like e-commerce, SaaS, and edtech.
Spotlight on Promising Startups
Here are the startups that stood out in March 2026:
- ABX3 PV: Founded in 2023, this IISc-incubated startup is innovating in solar technology with high-efficiency perovskite solar cells, targeting a market projected to reach $580 million by 2030.
- AllSecureX: This Gurugram-based startup, launched in 2025, is developing an AI-driven platform for cyber risk quantification and post-quantum cryptography, addressing the growing need for secure digital infrastructure.
- Bharat Aerospace and Satellites Technologies (BAAS): Established in 2024, BAAS is focused on developing recoverable rocket technology and solid rocket motors, contributing to India’s burgeoning space launch services market.
- betterhood: Founded in 2024, this startup offers preventive pain care solutions for aging populations, aiming for an annual revenue of ₹100 crore by 2028.
- Cent: Launched in 2025, this preventive healthcare platform uses advanced imaging techniques to detect diseases early, targeting a growing market expected to reach $2.25 billion by 2030.
- Confluxe: Founded in 2026, this Bengaluru startup helps global brands navigate the Indian market, aiming to capitalize on the $150 billion apparel opportunity by 2030.
- DAAKit: This 2024 startup provides quick commerce infrastructure for brands, enabling rapid deliveries without the need for extensive logistics setups.
- Dodge AI: Founded in 2025, this startup automates ERP maintenance, reducing operational inefficiencies in enterprise resource planning.
- Dognosis: This deeptech startup, founded in 2024, is developing a breath test for early cancer detection using dogs' sense of smell.
- Enerchi: Launched in 2023, this D2C brand offers chewable energy mints as an alternative to traditional caffeine sources.
- Good Monk: Founded in 2022, this startup provides sprinkle-on nutrition powders to enhance everyday meals, addressing micronutrient deficiencies in children.
- GoodGudi: This lifestyle retail chain, established in 2023, focuses on affordable yet trendy home and personal care products, appealing to young consumers.
- Helium Smart Air: Founded in 2025, this startup is innovating air conditioning systems that integrate energy efficiency and modern design.
- InsituMicron: This Chennai-based startup develops advanced testing equipment for material analysis, targeting the global material testing market.
- Laani: Founded in 2025, this personal care brand offers high-performance body care products tailored for Indian consumers.
- Mafkin Robotics: This startup is creating autonomous robots for maritime maintenance, aiming to reduce operational costs and improve safety.
- Magical Nest: Founded in 2025, this startup designs premium interiors for children's rooms, focusing on functionality and aesthetics.
- Mannlich: This 2024 startup is dedicated to men's skincare, offering products that address common concerns in the male grooming market.
- Myca: Founded in 2025, this startup uses AI to streamline field operations in agribusiness, targeting a market projected to exceed $4 billion by 2030.
- NPrep: This platform, launched in 2024, offers AI-driven test preparation for nursing careers, aiming for significant growth in the education sector.
- Panoculon Labs: Founded in 2023, this startup develops AI-powered environmental perception systems for enhanced contextual understanding.
- QOSMIC: This startup is building optical communication infrastructure for satellites, targeting the growing market for secure satellite communications.
- Quarki Tech: This startup focuses on developing quantum algorithms for complex computational problems across various industries.
- QuBeats: Founded in 2023, this startup is creating quantum sensing technologies for GPS-independent navigation systems.
- SCIKIQ: This platform simplifies enterprise data management, enabling business users to interact with data directly.
- Terrastack: Founded in 2024, this geospatial data platform aims to digitize land-related information for better management and governance.
- TuTr Hyperloop: This startup is working on hyperloop technology, focusing initially on cargo transport solutions.
- Veera Dynamics: Founded in 2022, this startup develops advanced materials for defence and industrial applications.
- Vezzo: Launched in 2025, this footwear brand combines style and comfort, targeting the growing sneaker market in India.
- xLogic Labs: This startup is building automated manufacturing facilities to streamline production processes across various industries.
