Why Chennai is a Hub for Startups
1.Affordable Living along with Developed Infrastructure.
Chennai a lower cost of living than other metropolitan cities; Chennai is a great base for budding entrepreneurs. Further, growth of startups in the city is further supported by the city’s robust infrastructure, including tech parks and co working spaces.
2.A Talented and Diverse Industries
Industries present in Chennai include IT, Healthcare, Education & Manufacturing. The other option is that it’s so diverse that you can identify a niche market and explore this opportunity. According to my experience, the city also has a steady stream of new talent from highly reputed institutions, often becoming the first choice for startup software companies in Chennai for freshers.
3.Funding Opportunities with Government Support
Startup environment encouraging initiatives are Tamil Nadu Startup and Innovation Policy 2020 and Tamil Nadu Startup Fund.
Notable Startup Companies in Chennai
Northern Arc
Industry: Fintech, Financial Inclusion
Employee Count: 200+
Location: Chennai, Tamil Nadu
Contact: info@northernarc.com
Website: www.northernarc.com
Fresher Qualifications: Bachelor’s degree in finance, economics, or business, strong analytical and communication skills, passion for financial inclusion.
Yubi
Industry: Digital Debt Platform
Employee Count: 500+
Location: Chennai, Tamil Nadu
Contact: careers@go-yubi.com
Website: www.go-yubi.com
Fresher Qualifications: Degree in computer science, finance, or a related field, understanding of debt/financial markets, proficiency in data analysis.
Kaleidofin
Industry: Fintech Solutions for Underserved Communities
Employee Count: 100+
Location: Chennai, Tamil Nadu
Contact: support@kaleidofin.com
Website: www.kaleidofin.com
Fresher Qualifications: Background in economics, social sciences, or finance, interest in financial inclusion initiatives.
Mind & Mom
Industry: Personalized Pregnancy Care
Employee Count: 50+
Location: Chennai, Tamil Nadu
Contact: hello@mindandmom.com
Website: www.mindandmom.com
Fresher Qualifications: Degree in healthcare, life sciences, or IT, interest in women’s healthcare.
Netmeds
Industry: Online Pharmacy Services
Employee Count: 1,000+
Location: Chennai, Tamil Nadu
Contact: customercare@netmeds.com
Website: www.netmeds.com
Fresher Qualifications: Bachelor’s degree in pharmacy, IT, or logistics, strong organizational skills.
Flintobox
Industry: Early Childhood Education
Employee Count: 100+
Location: Chennai, Tamil Nadu
Contact: info@flintobox.com
Website: www.flintobox.com
Fresher Qualifications: Degree in education, design, or marketing, creativity and passion for teaching.
Pando
Industry: Supply Chain Tech
Employee Count: 200+
Location: Chennai, Tamil Nadu
Contact: careers@pando.ai
Website: www.pando.ai
Fresher Qualifications: Degree in logistics, computer science, or business, strong analytical and problem-solving skills.
GreenPod Labs
Industry: Agri-biotech
Employee Count: 50+
Location: Chennai, Tamil Nadu
Contact: contact@greenpodlabs.com
Website: www.greenpodlabs.com
Fresher Qualifications: Degree in agriculture, biotechnology, or related fields, interest in sustainability and innovation.
Agnikul Cosmos
Industry: Space Tech
Employee Count: 200+
Location: Chennai, Tamil Nadu
Contact: careers@agnikul.in
Website: www.agnikul.in
Fresher Qualifications: Degree in aerospace engineering, mechanical engineering, or physics, passion for space technology.
SuperOps.ai
Industry: IT Management Platform
Employee Count: 100+
Location: Chennai, Tamil Nadu
Contact: support@superops.ai
Website: www.superops.ai
Fresher Qualifications: Degree in IT, computer science, or software development, interest in AI-driven solutions.
BankBazaar
Industry: Financial Product Marketplace
Employee Count: 1,000+
Location: Chennai, Tamil Nadu
Contact: support@bankbazaar.com
Website: www.bankbazaar.com
Fresher Qualifications: Degree in finance, IT, or business management, strong customer service skills.
OneHash
Industry: SaaS (CRM and ERP Integration)
Employee Count: 50+
Location: Chennai, Tamil Nadu
Contact: hello@onehash.ai
Website: www.onehash.ai
Fresher Qualifications: Degree in IT, software engineering, or business management, knowledge of CRM/ERP systems.
Chennai’s Startup Ecosystem
Government’s Initiatives for Startups
- The Tamil Nadu government has also been very pro entrepreneurial environment. Startup and Innovation Policy 2020 of Tamil Nadu provides mentorship, funding and infrastructure to startups.
Funding Opportunities
- Chennai has a very healthy funding ecosystem with lots of venture capital firms, angel investors and IIT-Madras Incubation Cell, Startup Tamil Nadu which help in crucial support.
Guidelines for Freshers to Join Startup Companies in Chennai
It’s also a hotspot for fresh talent, particularly in tech roles. Here’s how freshers can tap into the opportunities offered by startup IT companies in Chennai for freshers:
Build Relevant Skills:
Learn in demand technologies like AI, machine learning, full stack development.
Network:
Visit career fairs and start up events in Chennai to get to know the leaders in the industry.
Leverage Internship Opportunities:
Freshers who have gained experience as an intern with startup software companies in Chennai.
Use Online Platforms:
If you don’t know a startup in Chennai through a friend or contact, you probably won’t ever hear about it through whichever channel they use. LinkedIn and AngelList are two great places for you to actually discover job opportunities in such startups.
Conclusion
FAQ - Chennai Startups
What startups should I look for in Chennai?
There is a plenty of startup companies in Chennai and you can approach startuptn, AmbitionBox and MarketMystique2 to find one. The info on each these platforms consists of details on the sector that the startup belongs to, its contact information.
Looking for Chennai based startup events / meetups?
There are in fact quite a few startup events and meetups in Chennai. You can attend platforms like Startups Meet and Happyfox that host events for Entrepreneurs and Investors4.
Registering a Chennai based Startup Company
These steps include choosing a type of business, giving name to your business, filing for taxes, opening corporate bank account and registering with authorities like EPFO and ESIC.
Do I require a Digital Signature Certificate (DSC) to register my startup?
Of course, to register online, the directors of your company will need to have a Digital Signature Certificate.
How does StartupTN facilitate the registering a startup?
StartupTN offers exclusive programs and schemes for Tamil Nadu based startups. Once your company is registered you can register on the StartupTN portal to get these benefits7.
My experience with Making a Startup Company in Chennai
If you are thinking about starting a business, then here are the factors to consider — business idea, market research, funding, team and location. Chennai has a supportive ecosystem to access talent and incubators and accelerators.
Where can I find the funding for my startup in Chennai?
You may consider, for example, angel investors, venture capitalists, government grants, or even competitive grants for startup competition. Funding opportunities2 are also offered from platforms like StartupTN.
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