This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries they generally invest in.
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Mumbai's startup ecosystem shows a strong concentration in the financial technology sector. For instance, the lending platform InCred has attracted over $428 million in funding.
The city also supports major players in other industries, from food delivery company Rebel Foods to airline carrier Air India. These companies have raised significant capital, with funding rounds reaching $829.6 million and $1.4 billion respectively.
Below is our list of 100 Mumbai startups worth keeping an eye on.
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 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Jupiter offers a digital banking app that provides smart insights based on spending habits. Its features help users make sense of their finances, from tracking expenses to managing savings and investments.
Weaver Services builds a fintech platform that provides solutions for the affordable housing market. Their technology is designed to simplify the process of securing home financing for buyers.
Akasa Air operates a low-cost airline connecting major cities throughout India. The carrier is focused on providing a dependable and efficient travel experience, from its simple online booking to its customer service.
InCred built a financial services platform that simplifies the lending process for personal, education, and business loans. The fintech company focuses on making credit more accessible and efficient for a wide range of borrowers.
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.
Air India operates an extensive network of passenger and cargo flights, serving both domestic routes within India and international destinations. The airline provides crucial connectivity, linking India to major cities across the globe.
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.
Rebel Foods builds and operates a large portfolio of digital restaurant brands using a network of cloud kitchens. This food-tech approach allows them to deliver a wide variety of cuisines on demand, all prepared from a shared kitchen infrastructure.
Dream Sports builds and operates a portfolio of sports technology brands for its 200 million users. The company is best known for Dream11, the world's largest fantasy sports platform.
BookMyShow built an expansive online ticketing service for the Indian market, covering movies, plays, concerts, and sporting events. Their platform serves as a comprehensive hub for discovering local events and purchasing tickets seamlessly.
Those top 10 companies offer a glimpse into Mumbai's energy, but there's so much more happening. Founders across the city are launching new ventures in everything from fashion to finance. These companies have attracted tens of billions in investment, with a mix of brand new startups and more established names. The rest of our list gives a fuller picture of the startups defining Mumbai's ecosystem.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Healthcare | 2019 | $176.8M | Series C | |
| Retail | 2011 | $310.4M | Venture Round | |
| Analytics | 2019 | $50M | Series A | |
| Manufacturing | 2023 | $10.8M | Series A | |
| InsurTech | 2016 | $458M | Undisclosed | |
| Biotech | 1999 | $144.5M | Secondary Market | |
| Fashion | 2013 | ₹3.8B | Angel | |
| AgTech | 2020 | $18.7M | Series B | |
| Energy | 2010 | ₹23.7B | Secondary Market | |
| Fintech | 2003 | ₹6B | Venture Round | |
| Mobility | 2019 | $501.2M | Debt Financing | |
| Fashion | 2015 | $78.4M | Series E | |
| Media | 2010 | $28.4B | Debt Financing | |
| Retail | 2024 | $25.5M | Series B | |
| Fintech | 2015 | $142.5M | Series E | |
| Retail | 2019 | ₹8.5B | Series D | |
| Manufacturing | 2001 | $1.9B | Debt Financing | |
| Fintech | 2021 | ₹150B | Debt Financing | |
| Enterprise | 2017 | $5.8M | Series A | |
| Retail | 2019 | ₹7.5B | Corporate Round | |
| AI | 2013 | $12.2M | Series B | |
| Security | 2011 | $54.4M | Corporate Round | |
| Fintech | 2022 | $42.5M | Series C | |
| Education | 2013 | $374.9M | Private Equity | |
| Media | 2017 | $18.7M | Series A | |
| AI | 2012 | $13.1M | Series C | |
| Media | 2014 | $150M | Venture Round | |
| Education | 2010 | $1.6B | Debt Financing | |
| Fintech | 2015 | $47.8M | Series B | |
| Mobility | 2020 | $18.7M | Series B | |
| Mobility | 2006 | $750M | Debt Financing | |
| Mobility | 2018 | $69.8M | Series B | |
| Fashion | 2021 | $67.1M | Series C | |
| Food | 2019 | $36.1M | Series C | |
| Retail | 2015 | ₹2.5B | Series A | |
| Enterprise | 2017 | ₹8B | Private Equity | |
| Sports | 2006 | $75M | Venture Round | |
| Media | 2000 | $226.8M | Undisclosed | |
| Fashion | 2019 | $53.8M | Venture Round | |
| Crypto | 2018 | $247M | Series D | |
| Gaming | 2023 | ₹522M | Series A | |
| Enterprise | 2015 | $4.4M | Series A | |
| Fintech | 2011 | $31.6M | Debt Financing | |
| Fashion | 2015 | $334.8M | Series E | |
| Energy | 1989 | ₹46.9B | Secondary Market | |
| Media | 2016 | $23.2M | Series B | |
| Enterprise | 2010 | $500k | Seed | |
| Other | 2025 | $8.1M | Seed | |
| Energy | — | $100M | Undisclosed | |
| Enterprise | 2017 | ₹2B | Private Equity | |
| Retail | 2006 | $8.3B | Private Equity | |
| Fashion | 2006 | ₹800M | Undisclosed | |
| InsurTech | 2010 | $432.4M | Private Equity | |
| Manufacturing | 2017 | $1B | Debt Financing | |
| AI | 2023 | $49.9M | Series A | |
| Enterprise | 2011 | $189.5M | Debt Financing | |
| Mobility | 2014 | ₹3.7B | Corporate Round | |
| Energy | 2015 | $60.2M | Series B | |
| Media | 2013 | $19.8M | Debt Financing | |
| Mobility | 2015 | $8.5M | Series A | |
| Fintech | 2017 | $346.2M | Series E | |
| Food | 2016 | $17M | Series B | |
| Retail | 2012 | $124.1M | Venture Round | |
| Marketing | 2007 | ₹203.8B | Secondary Market | |
| SaaS | 2014 | ₹3B | Venture Round | |
| Fintech | 2016 | $26.5M | Venture Round | |
| Infrastructure | 2016 | $2M | Undisclosed | |
| Mobility | 2016 | $69.3M | Series C | |
| Environment | 2020 | ₹330M | Seed | |
| Food | 2004 | $20M | Venture Round | |
| Fintech | 2022 | ₹2.4B | Series B | |
| Fintech | 2017 | $74.4M | Debt Financing | |
| Fintech | 2018 | $50M | Series B | |
| Manufacturing | 1970 | ₹2B | Venture Round | |
| Energy | 2011 | $233.3M | Debt Financing | |
| Retail | 2011 | ₹1.8B | Debt Financing | |
| Retail | 2019 | $55.2M | Venture Round | |
| Fintech | 2011 | $2.7M | Series A | |
| Healthcare | 2017 | $40.4M | Series C | |
| Fintech | 2021 | ₹325M | Seed | |
| Enterprise | 2016 | ₹36M | Seed | |
| Logistics | 2017 | $9M | Series A | |
| Fashion | 2015 | $138.4M | Debt Financing | |
| Enterprise | 2000 | ₹3.4B | Private Equity | |
| Fintech | 2015 | $11.6M | Series A | |
| Enterprise | 2015 | $187M | Series D | |
| Healthcare | 2019 | $5M | Series A | |
| Logistics | 2005 | ₹17.5B | Undisclosed | |
| Biotech | 2018 | ₹1.4B | Corporate Round | |
| Fintech | 2016 | $51.4M | Debt Financing |
