Mumbai's startup scene offers a solid base for new companies, with numerous accelerators and incubators available. These programs support businesses across many sectors, including FinTech and HealthTech.
Among the most active are 100Unicorns, with over 230 investments, and We Founder Circle, which has backed more than 140 companies.
Below is our list of the best 14 accelerators and incubators in Mumbai.
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
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250 Fintech Investors
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Get the Sheet for $50Operating as India's first accelerator VC, 100Unicorns writes the crucial first check for early-stage startups across any sector. They provide up to $200K in seed funding, giving founders the essential capital and support needed to scale their ventures.
| Year Founded | 2020 |
| Founders | Apoorva Ranjan Sharma, Gaurav Jain, Anuj Golecha, Anil Jain |
| Nº of Investments | 239 |
| Nº of Exits | 12 |
As an incubator and accelerator, thinQbate has developed a conveyor belt model to systematically build scalable, growth-oriented businesses. They primarily support early-stage startups in sectors like FinTech, HealthTech, and EdTech, providing a structured program to foster rapid development.
| Year Founded | 2016 |
| Founders | Vidur Marwah, Arjun Madhavan, Pranav Marwah |
| Nº of Investments | 29 |
| Nº of Exits | 4 |
Building a comprehensive real estate ecosystem in India, Aurum Ventures invests in and develops companies across PropTech, FinTech, and mineral exploration. They provide startups with deep industry integration and resources to help them scale within the Indian property market.
| Year Founded | 1999 |
| Founders | Ashish Deora |
| Nº of Investments | 11 |
| Nº of Exits | 4 |
| Program Type | On-Site |
| Duration (Weeks) | 24 |
Z Nation Lab operates as an early-stage seed fund dedicated to bridging the gap between the Indian and US startup ecosystems. Through its strong network of seasoned entrepreneurs and investors, the fund helps the next generation of founders build their companies from the ground up.
| Year Founded | 2016 |
| Founders | Neha Jain, Anup Mehta |
| Nº of Investments | 42 |
| Nº of Exits | 3 |
As India's first angel-backed accelerator, VentureNursery focuses on mentoring early-stage startups to prepare them for seed funding. They provide intensive guidance and connect founders with a network of angel investors to help launch their businesses.
| Year Founded | 2012 |
| Founders | Shravan Shroff, Ravi Kiran, Amit Patni |
| Nº of Investments | 17 |
| Nº of Exits | 3 |
We Founder Circle operates as a global investment community, connecting early-stage startups with seed funding and strategic mentorship from experienced founders and angel investors. Built on a founder-backing-founder model, they provide crucial business development and networking opportunities to help new ventures scale, having backed companies like Zypp Electric.
| Year Founded | 2020 |
| Founders | Gaurav VK Singhvi, Neeraj Tyagi, Deo Saurabh, Bhawna Bhatnagar |
| Nº of Investments | 143 |
| Nº of Exits | 1 |
Functioning as the private equity and corporate venture capital arm of the Mahindra Group, they back innovative companies in sectors like healthcare, cleantech, and renewables. By providing both capital and strategic access to the wider Mahindra ecosystem, they help their portfolio companies create long-term value and scale effectively.
| Year Founded | 2010 |
| Founders | K C Mahindra, M. G. Muhammad, J C Mahindra |
| Nº of Investments | 9 |
| Nº of Exits | 1 |
Specializing in early-stage investments, Eaglewings Ventures provides capital to promising technology-enabled startups. The firm pairs its financial backing with crucial mentorship and network access to help founding teams build scalable businesses.
| Year Founded | 2019 |
| Founders | Atul Javeri |
| Nº of Investments | 22 |
| Nº of Exits | 1 |
Artha Venture Fund operates as an early-stage micro-VC, providing seed to Series A funding for sector-agnostic startups across India. They offer hands-on support to help founders scale their businesses, with notable investments including the bike-taxi platform Rapido.
| Year Founded | 2017 |
| Founders | — |
| Nº of Investments | 26 |
| Nº of Exits | — |
Nair Ventures acts as an investment promotion and facilitation agency, guiding startups through the complexities of fundraising. They specialize in deal execution and connecting ventures with the strategic capital needed to grow.
| Year Founded | 2017 |
| Founders | Vinay Nair, Ravi Nair |
| Nº of Investments | 2 |
| Nº of Exits | — |
| Program Type | Online |
| Duration (Weeks) | 26 |
4 Additional Mumbai Accelerators and Incubators Worth Applying To
Beyond our top choices, Mumbai's startup scene is full of opportunity. Together, the following programs have backed more than 160 new businesses.
These organizations offer a range of support for early-stage founders. Here’s a look at the other accelerators and incubators helping founders in Mumbai.