Top 5 Startup Companies in Hyderabad

Skyroot Aerospace

Skyroot Aerospace is a pioneer in aerospace technology that develops cost-effective launch vehicles for space exploration. Skyroot’s rockets are designed to be modular, reusable, and scalable, making space more accessible and affordable. Skyroot has secured $68.1M in funding and has successfully launched two rockets in 2024.


Practically is an edtech startup that offers immersive and interactive learning experiences for K-12 students. Practically uses 3D simulations, AR, VR, and gamification to make learning fun and engaging. Practically has raised $15M in funding and has over 3 million users in India and the Middle East.


Paymatrix is a platform that enables users to pay any bills using their credit card to the recipient’s bank account. It helps users to earn rewards, cashback, and savings on every payment. It also offers financing options for solar system loans.

Freyr Energy

Freyr Energy is a leading solar company in India that offers custom designed solar solutions for residential and commercial customers. It has developed over 1,000 solar installations and provides quality, affordability, and accessibility.


MedPlus is the second largest pharmacy chain in India, operating over 3,000 pharmacy stores across 374 cities. It sells prescription and OTC medicines, FMCG products, vitamins and other nutrition supplements, and opticals.