17th June 2025: Spintly, a startup based in Goa founded by two engineers focused on simplifying access control, has evolved into a global solution for smart buildings and secure spaces. Its wireless, cloud-based system now positions it as one of India’s fastest-scaling IoT ventures.
Last week, Spintly was recognized at the Sankalp Se Siddhi celebration—marking 11 years of the Modi Government and one year of Modi 3.0—with a Certificate of Appreciation under the Startup India Mission for its contribution to innovation and entrepreneurship. The certificate was awarded by Hon’ble Chief Minister Dr. Pramod Sawant, in the presence of Hon’ble Minister for Information Technology, Electronics & Communications, Shri Rohan A. Khaunte, whose leadership has strengthened Goa’s vision of becoming an innovation hub. It marks a moment of pride not just for the founders but for the growing startup ecosystem in Goa.
Co-founders Malcolm Dsouza (CTO) and Rohin Parkar (CEO), didn’t just build a product—they built belief. It was one of the first recipients of the Seed Capital Scheme under Startup Policy, a state-backed initiative administered by the Startup and IT Promotion Cell under the Department of Information Technology, Electronics and Communications. That initial investment helped them build, test, and grow, long before venture capital arrived.
“This recognition reflects the passion and perseverance of our team. Building world-class tech from Goa has always been our vision, and the state gave us both the foundation and the launchpad to grow,” said Malcolm Dsouza, Co-founder and CTO of Spintly.
Today, Spintly operates from Goa and the U.S., has raised ₹50 crore from investors across India and abroad, and is valued at ₹300 crore. But the real story is bigger: Goa is becoming more than just a place to unwind, it’s becoming a place to build.
With rising infrastructure, access to funding, and a startup community that’s gaining momentum, Goa is emerging as a preferred startup destination in India. And as Spintly shows, the next big innovation can come from right here.