Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries they generally invest in.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100 Accelerators & Incubators
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100 Top Unicorns
Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

The Founder's Handbook

Top 100 Maharashtra Startups to Watch in 2026

Description

CTA

Maharashtra is a major center for business in India, with a strong presence in finance, logistics, and technology. The region is home to both new ventures and established industry leaders.

Companies like PhonePe and Zepto have attracted significant investment, raising $2.6 billion and $2.4 billion respectively. This list explores the top 100 companies defining the state's economic landscape.

Below is our list of 100 Maharashtra startups worth keeping an eye on.

Failory's Top 10 Picks

Fundraising OS
Tool
Fundraising OS

Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.

Buy It For $97 $297
Accelerators & Incubators List
Sheet
2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

Get the Sheet for $50
Complete Unicorns List
Sheet
1,600+ Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50
BioTech & Health Investors
Sheet
250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50
AI Investors
Sheet
250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50
FinTech Investors
Sheet
250 Fintech Investors

List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50

Zepto operates a quick-commerce platform that delivers groceries and other daily essentials. The company uses a network of strategically placed fulfillment centers to get orders to a customer's door within minutes.

Year Founded2021
FoundersAadit Palicha, Kaivalya Vohra
Funding Amount$2.4B
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusSecondary Market
Top InvestorsGeneral Catalyst, Lightspeed Venture Partners, Nexus Venture Partners, Y Combinator, Goodwater Capital

MarketsandMarkets publishes strategic analysis reports for a global B2B clientele. The firm provides quantified market research and consulting to help companies navigate emerging industries and opportunities.

Year Founded2010
FoundersSandeep Sugla
Funding Amount$56M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsFTV Capital, Zodius Capital

Jupiter offers a digital banking app that provides smart insights based on spending habits. The platform includes features designed to help users make better sense of their personal finances.

Year Founded2019
FoundersJitendra Gupta
Funding Amount$169.5M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsQED Investors, Peak XV Partners, Z47, 3one4 Capital, Tiger Global Management

Weaver Services develops a fintech platform that provides financial solutions for the affordable housing market. Their software aims to simplify the home loan process, making it more accessible to customers.

Year Founded2024
FoundersSatrajit Bhattacharya
Funding Amount$170M
Startup Size
Last Funding StatusVenture Round
Top InvestorsLightspeed India Partners, Gaja Capital, Premji Invest

Akasa Air launched as India's newest airline, offering affordable flights to major cities across the country. The carrier is building a reputation for dependable service and a focus on the customer experience.

Year Founded2021
FoundersAditya Ghosh, Aditya Ghosh, Anand Srinivasan, Belson Coutinho, Bhavin Joshi, Neelu Khatri, Niraj Dube, Praveen Iyer, Sanjay Dube, Vinay Dube
Funding Amount$160M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top Investors360 ONE Asset, Claypond Capital, Premji Invest, AJ Capital, Rakesh Jhunjhunwala

InCred operates a financial services platform designed to streamline the process of securing personal, education, and business loans. Their technology-driven approach offers a more accessible and efficient borrowing experience for a wide range of customers.

Year Founded2016
FoundersBhupinder Singh
Funding Amount$428.3M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusDebt Financing
Top InvestorsYubi, Neo Asset Management, OAKS Asset Management, Paragon Partners, India, FMO

The National Stock Exchange of India operates the country's leading stock exchange with a fully-automated, screen-based trading system. The platform enables investors to trade a wide range of financial instruments, from equities and derivatives to debt securities.

Year Founded1998
Founders
Funding Amount₹21.1B
Startup SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsCiti, General Atlantic, TA Associates, Morgan Stanley, Goldman Sachs

Air India operates an extensive network of passenger and cargo flights, connecting India with destinations across the globe. The legacy carrier offers both domestic and international air transport services.

Year Founded1932
FoundersJehangir Tata
Funding Amount$1.4B
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusDebt Financing
Top InvestorsStandard Chartered Bank, Sumitomo Mitsui Banking Corporation, Singapore Airlines, Tata Sons, Bank of India

PhonePe offers a digital payments platform that allows users to transfer money, pay bills, and manage their finances from their smartphones. The app has become one of India's leading solutions for digital transactions, simplifying commerce for millions of people across the country.

Year Founded2015
FoundersBurzin Engineer, Rahul Chari, Sameer Nigam
Funding Amount$2.6B
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusPrivate Equity
Top InvestorsGeneral Atlantic, Ribbit Capital, Tiger Global Management, Tencent, Walmart

Flipspaces operates as a design-tech firm that handles the interior design and execution for commercial spaces. They are known for a VR-enabled platform that allows businesses to visualize and experience their new interiors before construction starts.

Year Founded2011
FoundersAnkur Muchhal, Kunal Sharma
Funding Amount$60.7M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsSMBC Asia Rising Fund, Iron Pillar, Panthera Growth Partners, Unitus Capital, Crescent Enterprises

90 Additional Maharashtra Startups Worth Following

The top 10 are just a small slice of what’s happening across Maharashtra right now. Founders are building in many areas, especially in fintech and retail, raising over $50 billion combined.

Some companies are just getting started, while others are scaling quickly. Here’s a look at the other startups that make the state's ecosystem so strong.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
Rebel Foods logo Rebel FoodsRetail2011$829.6MDebt Financing
Dream Sports logo Dream SportsSports2008$400MSecondary Market
BookMyShow logo BookMyShowMedia1999$224.5MSeries D
Truemeds logo TruemedsHealthcare2019$176.8MSeries C
Qure AI logo Qure AIAI2016$125.3MSeries D
Pepperfry logo PepperfryRetail2011$310.4MVenture Round
FanCode logo FanCodeAnalytics2019$50MSeries A
Distil logo DistilManufacturing2023$10.8MSeries A
Acko logo AckoInsurTech2016$458MUndisclosed
Rubicon Research logo Rubicon ResearchBiotech1999$144.5MSecondary Market
Plum logo PlumFashion2013₹3.8BAngel
KisanKonnect logo KisanKonnectAgTech2020$18.7MSeries B
Dream11 logo Dream11Sports2008$1.6BVenture Round
Blue Energy Motors logo Blue Energy MotorsMobility2022$30MVenture Round
Mahindra Susten logo Mahindra SustenEnergy2010₹23.7BSecondary Market
NCDEX logo NCDEXFintech2003₹6BVenture Round
GreenCell Mobility logo GreenCell MobilityMobility2019$501.2MDebt Financing
Purple Style Labs logo Purple Style LabsFashion2015$78.4MSeries E
Reliance Jio logo Reliance JioMedia2010$28.4BDebt Financing
Snabbit logo SnabbitRetail2024$25.5MSeries B
Kissht logo KisshtFintech2015$142.5MSeries E
The Sleep Company logo The Sleep CompanyRetail2019₹8.5BSeries D
GMR Group logo GMR GroupManufacturing2001$1.9BDebt Financing
NaBFID logo NaBFIDFintech2021₹150BDebt Financing
Presolv360 logo Presolv360Enterprise2017$5.8MSeries A
JSW Paints logo JSW PaintsRetail2019₹7.5BCorporate Round
Turtlemint logo TurtlemintFintech2015$197MSeries E
Haptik logo HaptikAI2013$12.2MSeries B
IDfy logo IDfySecurity2011$54.4MCorporate Round
Uniqus Consultech logo Uniqus ConsultechFintech2022$42.5MSeries C
Infra.Market logo Infra.MarketEnterprise2016$980.8MSeries G
FPL Technologies logo FPL TechnologiesFintech2019$265.1MVenture Round
Avanse Financial Services logo Avanse Financial ServicesEducation2013$374.9MPrivate Equity
Pepper Content logo Pepper ContentMedia2017$18.7MSeries A
Fynd logo FyndAI2012$13.1MSeries C
Sahyadri Farms logo Sahyadri FarmsAgTech2011₹8.2BSeries B
Chalo logo ChaloMedia2014$150MVenture Round
Eruditus Executive Education logo Eruditus Executive EducationEducation2010$1.6BDebt Financing
Snapmint logo SnapmintFintech2015$47.8MSeries B
FarmDidi logo FarmDidiRetail2021₹80MSeed
Kazam logo KazamMobility2020$18.7MSeries B
Mumbai International Airport logo Mumbai International AirportMobility2006$750MDebt Financing
Altum Credo logo Altum CredoFintech2016$81.1MVenture Round
Magenta Mobility logo Magenta MobilityMobility2018$69.8MSeries B
Easebuzz logo EasebuzzEnterprise2015$31.9MSeries A
LEAP India logo LEAP IndiaEnterprise2013$113.7MSecondary Market
Foxtale logo FoxtaleFashion2021$67.1MSeries C
Clodura.AI logo Clodura.AIAI2015$2MSeed
The Whole Truth logo The Whole TruthFood2019$36.1MSeries C
Ninety One logo Ninety OneRetail2015₹2.5BSeries A
Hiranandani Financial Services logo Hiranandani Financial ServicesEnterprise2017₹8BPrivate Equity
Games24x7 logo Games24x7Sports2006$75MVenture Round
Hotstar logo HotstarMedia2000$226.8MUndisclosed
Pilgrim logo PilgrimFashion2019$53.8MVenture Round
CoinDCX logo CoinDCXCrypto2018$247MSeries D
Ziffi Chess logo Ziffi ChessGaming2023₹522MSeries A
SuperMoney logo SuperMoneyEnterprise2015$4.4MSeries A
OneAssist logo OneAssistFintech2011$31.6MDebt Financing
Bizongo logo BizongoFashion2015$334.8MSeries E
Nayara Energy logo Nayara EnergyEnergy1989₹46.9BSecondary Market
Skillmatics logo SkillmaticsMedia2016$23.2MSeries B
EMotorad logo EMotoradMobility2020$26MPre-Seed
uKnowva logo uKnowvaEnterprise2010$500kSeed
BorderPlus logo BorderPlusOther2025$8.1MSeed
Evren logo EvrenEnergy$100MUndisclosed
FlexifyMe logo FlexifyMeSports2021$4.8MSeed
ANAROCK logo ANAROCKEnterprise2017₹2BPrivate Equity
Reliance Retail logo Reliance RetailRetail2006$8.3BPrivate Equity
Infinite Uptime logo Infinite UptimeAnalytics2015$65.1MSeries C
Raise Financial Services logo Raise Financial ServicesFintech2021$148MSeries B
Just In Time logo Just In TimeFashion2006₹800MUndisclosed
SBI General Insurance logo SBI General InsuranceInsurTech2010$432.4MPrivate Equity
Piramal Capital & Housing Finance logo Piramal Capital & Housing FinanceManufacturing2017$1BDebt Financing
Lentra logo LentraFintech2019$103.6MSeries B
Palmonas logo PalmonasFashion2022₹550MSeries A
Kotak Mahindra Asset Management logo Kotak Mahindra Asset ManagementFintech1994
Neysa logo NeysaAI2023$49.9MSeries A
Neogrowth logo NeogrowthEnterprise2011$189.5MDebt Financing
Freight Tiger logo Freight TigerMobility2014₹3.7BCorporate Round
SolarSquare Energy logo SolarSquare EnergyEnergy2015$60.2MSeries B
Pocket Aces logo Pocket AcesMedia2013$19.8MDebt Financing
Cityflo logo CityfloMobility2015$8.5MSeries A
Mintifi logo MintifiFintech2017$346.2MSeries E
OZiva logo OZivaFood2016$17MSeries B
EatClub Brands logo EatClub BrandsRetail2012$124.1MVenture Round
Autodukan logo AutodukanMobility2017$1MSeed
2070 Health logo 2070 HealthSports2023$30MSeed
Viacom18 Digital Ventures logo Viacom18 Digital VenturesMarketing2007₹203.8BSecondary Market
JetSynthesys logo JetSynthesysSaaS2014₹3BVenture Round
Centrum Housing Finance logo Centrum Housing FinanceFintech2016$26.5MVenture Round

Description

CTA
The All-In-One Newsletter for Startup Founders

90% of startups fail. Learn how not to with our weekly guides and stories. Join +40,000 other startup founders!

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.