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Key economic, startup and industry indicators for the city.
Helped clients raise over ₹1,500 crore with investor-ready books, MIS and fundraising support.
Completed GST, TDS, ROC and PT filings on time with zero penalties.
Delivered founder, investor and CFO MIS reports every month with 100% accuracy.
Moved 115+ companies from zero-compliance to full statutory health before investor rounds.
Built and managed 140+ investor-ready due diligence data rooms.
Supported 150+ diligence engagements across fundraising and transaction processes.
Completed 500+ valuation assignments for compliance, strategy and investor readiness.
Delivered virtual CFO, compliance and advisory support across 15+ industries.



Hubli-Dharwad is Karnataka's third-largest commercial and industrial centre. It trails only Bengaluru and Mangaluru. It ranks second in the state for bank deposits. Hubli alone hosts about 4,933 small-scale industrial units. Dharwad has around 2,774 more. They spread across eight industrial areas. These include Belur (2,150 acres), Lakamanahalli and Tarihal. The city's valve and machine-tool makers supply a major share of national demand. The APMC yard at Amargol ranks among Asia's largest cotton and commodity markets.
Startup Ecosystem: The twin city anchors the Hubballi-Dharwad-Belagavi (HDB) cluster. This sits under Karnataka Digital Economy Mission's Beyond Bengaluru push. In roughly 18 months, the cluster drew investment from about eight IT firms. Another 40-plus are in the pipeline, targeting over 15,000 jobs. iMerit has emerged as an anchor. The Deshpande Foundation's Hubli Sandbox has run since 2008. It has long incubated rural and tech-led startups. A Rs 75 crore Beyond Bengaluru Cluster Seed Fund now backs early-stage founders here.



Karnataka offers founders strong, region-friendly incentives. Professional tax applies above Rs 25,000 monthly income, from 1 April 2025. The rate is Rs 200 a month, up to Rs 2,500 a year. Employers need PT-EC, which costs Rs 2,500 per location and is due 30 April. They also need PT-RC. They must remit deducted PT by the 20th monthly. The Karnataka Startup Policy 2022-27 funds startups. It offers Idea2PoC ELEVATE grants of up to Rs 50 lakh. It adds a Rs 100 crore state VC fund. It also has a Rs 75 crore Beyond Bengaluru Cluster Seed Fund. That fund serves the Hubballi-Dharwad-Belagavi region. Dharwad's eight industrial areas and the notified Ittigatti consumer-electronics SEZ add export and infrastructure benefits. GST, TDS and ROC obligations also apply.

Testimonials
Here's what they say about working with us..





You might run an engineering unit or an agri-trade firm. Or an IT startup in the HDB cluster. EaseUp brings the finance leadership you need to grow with confidence. Let's talk.


A Virtual CFO in Hubli-Dharwad typically costs between Rs 40,000 and Rs 2,00,000 per month. The exact figure depends on your scale and needs. An early-stage IT startup in the HDB cluster sits at the lower end. So does a single engineering unit in Tarihal. Here the focus is on MIS, compliance and cash flow. A larger manufacturer, electronics unit or agri-trade firm sits higher. These often have exports, multiple registrations and active fundraising. That reflects deeper FP&A and investor work. Either way, this is a fraction of a full-time CFO's Rs 30-60 lakh annual cost. After a free consultation, EaseUp scopes a fixed monthly retainer to your actual requirements. So you only pay for the seniority your business genuinely needs.
Figures come from authoritative public sources. These include the Government of Karnataka and Invest Karnataka. They also cover the Karnataka Digital Economy Mission (KDEM). Others are DCMSME's Dharwad district industrial profile and the Karnataka Startup Policy 2022-27. We also use IBEF, the Deshpande Foundation, and verified reporting from Deccan Herald and YourStory. Figures reflect the latest available data as of 2025-26.
Authoritative data sources & references — our city data is compiled from official government and industry sources:
Government & Industry Sources
Virtual CFO Services Across India — EaseUp serves businesses in 100+ cities. Find Virtual CFO services in your city below.
Reviewed by CA Aditya Chokhra — Chartered Accountant and finance & Virtual CFO advisory specialist at EaseUp, with 15+ years in Indian finance and tax. City data is compiled from authoritative public sources including DPIIT, IBEF, RBI and state government economic surveys. EaseUp brings 500+ businesses served and 55,000+ compliance filings with zero penalties. LinkedIn: linkedin.com/in/aditya-chokhra · achokhra@gmail.com
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