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Product Based Companies in Pune You Should Know About in 2026

Kathir • 7 min read

Most conversations about Pune's product company ecosystem start and end with three names: Druva, Icertis, and Mindtickle. All three are legitimate global success stories. Druva built one of the world's leading cloud data protection platforms and crossed a $2 billion valuation. Icertis became the market leader in contract lifecycle management software, serving Fortune 500 companies across the globe. Mindtickle built a $1.2 billion sales enablement platform used by companies like Johnson & Johnson and Splunk.

They are the anchors of Pune's SaaS story. But they were all founded between 2008 and 2012, and none of them qualifies as emerging by any reasonable definition anymore.

This post is about the next layer, five Pune-headquartered product companies founded after 2015, each building something genuinely distinct, each backed by institutional investors, and each less written about than they should be.

Scalefusion — Founded 2015

Scalefusion is a unified endpoint management (UEM) platform built by ProMobi Technologies, a Pune-based product company founded in 2013. The platform lets IT teams manage, secure, and monitor endpoints smartphones, tablets, laptops, rugged devices, POS terminals, and digital signages from a single dashboard. Beyond device management, Scalefusion has since expanded into identity and access management through Scalefusion OneIdP, and endpoint security through Scalefusion Veltar, moving from a focused MDM product into a unified security and device management suite.

Scalefusion is headquartered at Orville Business Port, Viman Nagar, Pune. According to Inc42, the company reported revenue of ₹162 crore in FY24 and employs approximately 254 people as of August 2025. The platform is trusted by businesses in 120+ countries, supported by 300+ team members, 120+ global partners, and 150+ OEM alliances. The company has raised funding from Upekkha, a SaaS-focused accelerator and fund, and has operated largely capital-efficiently, a relatively rare position for a company at this scale.

Why it qualifies: ₹162 crore in revenue, 120+ countries, and a product that has expanded well beyond its original MDM focus all from Pune, with minimal external capital.

Haber — Founded 2017

Haber is an industrial AI company that automates process monitoring, control, and optimization across water and chemical-intensive manufacturing industries. Founded in 2017 by Vipin Raghavan, Priya Venkat, and Arjunan P.N. and headquartered at Baner, Pune, the company's flagship platform eLIXA replaces manual sample collection and analysis at factories with AI-driven robotic sampling, real-time process monitoring, and automated interventions. Their second platform, Mt. Fuji, is a manufacturing intelligence system; Kaiznn is a production planning and MES suite. Clients include ITC, Taj Hotels, Emami, UB Group, and Tata Steel, across food and beverage, pulp and paper, and institutional sectors.

Haber has raised a total of $65.2 million across five rounds, including a $44 million Series C in December 2024 led by Creaegis, BEENEXT, and Accel India, confirmed by Inc42 and Analytics India Magazine. The company reports saving over 79,000 MW of energy, 24.6 million cubic metres of water, and reducing emissions by 75,000 tonnes across its deployments. In January 2026, Haber received Frost & Sullivan's Global Technology Innovation Leadership Recognition in Industrial AI, per the company's press release.

Why it qualifies: A Pune-born industrial AI company with $65M raised, measurable real-world impact, and global enterprise clients, well outside the usual SaaS categories Pune is known for.

Loop Health — Founded 2018

Loop Health is a health assurance company that combines group health insurance with preventive care, primary care access, chronic disease management, and mental health support all delivered through a single integrated platform for employers. Founded in 2018 by Mayank Kale and Amrit Singh and headquartered in Pune, the company was part of Y Combinator's Winter 2020 cohort. The premise is that traditional group health insurance in India covers hospitalisation but not doctor visits, which means most employees never use the benefit, Loop's model integrates daily healthcare access with the insurance layer to change that.

Loop Health has raised a total of $40.9 million across five rounds, including a $12 million Series A led by Elevation Capital and General Catalyst in September 2021, confirmed by TechCrunch, and a further Series B in April 2022. Additional investors include Khosla Ventures, Tribe Capital, and Y Combinator Continuity Fund. The company employs approximately 350 people as of July 2025 and serves companies across Pune, Mumbai, Bengaluru, Delhi NCR, and Hyderabad.

Why it qualifies: Y Combinator-backed, $40.9M raised, and addressing a genuinely underserved gap in India's employer health benefits market from a Pune base.

Lentra — Founded 2018

Lentra is a cloud-based digital lending SaaS platform that helps banks and NBFCs build and deploy custom loan products covering loan origination, KYC, onboarding, loan management, collections, and risk analytics through an API-driven modular architecture. Founded in 2018 by Dasharathi Venkatesh, Rangarajan Vasudevan, Ankur Handa, and Sunil Dalal and headquartered at Balewadi, Pune, the platform claims a 96% straight-through processing rate and processes over $20 billion in loan applications monthly for more than 50 financial institutions.

Lentra has raised a total of approximately $104 million across multiple rounds including a Bessemer Venture Partners-led Series A and a Series B extended round of $27 million in June 2023 that brought in Citi Ventures and MUFG Bank, confirmed by TechCrunch and BW Businessworld. The company employs approximately 678 people as of August 2025. In March 2026, Lentra appointed Rajesh Kumar, former TransUnion CIBIL chief, as its new CEO, a signal of the company's intent to scale its enterprise and international ambitions.

Why it qualifies: $104M raised from institutional investors including Bessemer, Citi, and MUFG; 50+ bank clients; $20B+ in monthly loan application volume — one of the more substantial B2B SaaS companies to emerge from Pune in recent years.

Intangles — Founded 2016

Intangles builds an AI-powered predictive maintenance and fleet management platform using digital twin technology. Their flagship product, Inroute, connects to OEM-installed sensors in commercial vehicles, buses, and construction equipment to predict component-level failures up to a month in advance with approximately 95% accuracy, according to the company. The platform covers engine health, fuel consumption, driver behaviour, emissions monitoring, and real-time location tracking, targeted at fleet operators in trucking, construction, mining, farming, oil and gas, transit, and waste management.

Founded in 2016 by Anup Patil, Jayashri Patil, Aman Singh, and Mudassirkhan Pathan, Intangles is headquartered at Orville Business Port, Viman Nagar, Pune. The company has raised a total of $53.2 million across eight rounds, including a $30 million Series B in September 2025 led by Avataar Venture Partners with participation from Baring India Private Equity and Cactus Partners, confirmed by YourStory. The company currently manages over 400,000 vehicles across customers in North America, Europe, Southeast Asia, and the Middle East, and employs approximately 309 people.

Why it qualifies: $53.2M raised, 400,000+ vehicles managed globally, a recent $30M Series B in 2025 confirming active investor confidence, and a product solving a genuinely hard technical problem in a global market.

What This List Shows

Pune's product company ecosystem has historically been defined by three companies Druva, Icertis, and Mindtickle that built globally competitive SaaS products in data protection, contract management, and sales enablement and scaled into unicorns. The five companies above represent a second, less visible generation: founded after 2015, backed by institutional investors, serving global customers, and building in domains that range from industrial AI and fleet telematics to digital lending and employer health insurance.

A few patterns worth noting. None of these five companies are building generic horizontal SaaS each one is solving a specific, technically complex problem in a domain with real operational consequences (factory water waste, fleet breakdowns, loan origination bottlenecks, employee health access). This vertical depth is consistent with how the first generation of Pune SaaS companies — Druva in data protection, Icertis in contract intelligence — also went deep rather than wide.

Funding figures across sources vary for several of these companies, as is common with privately held companies where aggregators often report inconsistently. Where cited, we have used the most consistently press-verified figure rather than a single aggregator's number.

Where to Find Roles at These Companies

Frequently Asked Questions

What are the top product based companies in Pune? Pune's best-known product companies are Druva (cloud data protection, founded 2008), Icertis (contract lifecycle management, founded 2009), and Mindtickle (sales enablement, founded 2012) all three are unicorns. Among newer product companies, Scalefusion (endpoint management), Haber (industrial AI), Lentra (digital lending), Loop Health (health assurance), and Intangles (fleet predictive maintenance) are all Pune-headquartered and actively growing.

Is Pune a good city for product company jobs? Pune has a well-established product company ecosystem, anchored by global SaaS unicorns and supported by a growing layer of Series A and B funded startups. The talent pool is deep — Pune's engineering colleges, IIT Bombay proximity, and GCC presence have created a strong base of software engineers and product professionals. For developers specifically looking for product roles, Pune has more options than most Indian cities outside Bengaluru.

What is the difference between Druva, Icertis, Mindtickle and the newer companies on this list? Druva, Icertis, and Mindtickle were all founded between 2008 and 2012 and have since reached unicorn status. The companies in the main body of this post Scalefusion, Haber, Loop Health, Lentra, and Intangles were all founded between 2015 and 2018 and are at Series A to Series C stage. They represent an emerging generation rather than established players.

Which Pune product startup has raised the most funding recently? Among the emerging companies on this list, Lentra has raised the most total funding at approximately $104 million, with investors including Bessemer Venture Partners, Citi Ventures, and MUFG Bank. Haber follows with $65.2 million total, including a $44 million Series C in December 2024. Intangles raised a $30 million Series B as recently as September 2025.

Are there product companies in Pune outside of SaaS? Yes — Haber (industrial AI and process automation) and Intangles (AI fleet management with proprietary hardware-software integration) both operate in industrial tech rather than pure SaaS. Loop Health combines an insurance product with a healthcare delivery layer. Pune's product company ecosystem spans SaaS, industrial AI, fintech, and healthtech.

Published: July 8, 2026 | blog.huntyourtribe.com

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Disclaimer: Company details, funding figures, and revenue data are sourced from publicly available press coverage, company announcements, and investor reports. Where figures vary across sources, we have used the most consistently press-verified number. Hunt Your Tribe is not the employer for any listed role and is not responsible for the hiring process or outcome, please verify directly with the company before applying.