The Startup Ecosystem of Mumbai

Mumbai has 565 startups in our sample database which represents about 16% of India’s sampled startups. Mumbai is the 3rd best startup ecosystem in India.

CITY RANKING

While Mumbai decreased by 8 spot in its global rank in the Global Startup Ecosystem Index of 2023, its ranking in India remained stable at 3 nationally since 2022.

National Ranking

3rd
0
In India

Regional Ranking

3rd
0
In South Asia

Global Ranking

25th
-
8
Worldwide

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ECOSYSTEM

Browse the startup ecosystem database of Mumbai

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Ecosystem

The Startup Ecosystem in Mumbai

Our startup ecosystem map for Mumbai includes a sample of 565 tech companies. We have identified as unicorns 15 startups that have passed the USD 1 billion valuations. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Mumbai is ranked within the top 30 startup ecosystems globally.

Top Industries

Mumbai’s startups excel particularly in Education where it ranks 9 and in Fintech, and Foodtech. Find out more

Top Cities for Startups in India - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
Access subscores for 1000 cities and 100 countries
2023 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
8th
0
64.232
00.00
00.00
00.00
2nd
0
13th
0
44.560
00.00
00.00
00.00
3rd
0
25th
-
8
30.154
00.00
00.00
00.00
4th
0
78th
+
12
8.482
00.00
00.00
00.00
5th
0
89th
+
8
7.946
00.00
00.00
00.00
6th
0
102nd
0
7.118
00.00
00.00
00.00
7th
0
181st
+
30
3.449
00.00
00.00
00.00
8th
0
195th
+
28
3.020
00.00
00.00
00.00
9th
0
239th
+
28
2.049
00.00
00.00
00.00
10th
+
2
371st
-
7
0.930
00.00
00.00
00.00
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Startups

Notable Startups in Mumbai
PharmEasy startup icon
PharmEasy
CarTrade startup icon
CarTrade
InVideo startup icon
InVideo

Startups

Successful Education startups in Mumbai
Lido Learning startup icon
Lido Learning
CredAble startup icon
CredAble
Skillmatics startup icon
Skillmatics

Startups

Startups Ranking by Industry

Education icon
Education
#9 worldwide

On our map, you can explore a total of 134 startups for Education.

Fintech icon
Fintech
#12 worldwide

The Fintech industry in Mumbai is ranked 12 globally. There are 98 startups for Fintech on our sample database and map.

Foodtech icon
Foodtech
#17 worldwide

Foodtech is ranked 17th in the world. Our database contains 80 startups for this industry.

ECOSYSTEM

Why should you join Mumbai's Startup Ecosystem?

Overview

Within Mumbai there is an increased attraction for entrepreneurs to set up their startups in industries such as Education, Fintech, Foodtech. These three industries represent about 55% of the startups represented on the Startup Ecosystem Map of Mumbai.

3rd

National Rank

3rd

Regional Rank

Overview

Mumbai is India's 3rd best startup ecosystem and is ranked 3rd in South Asia. With a population of undefined, Mumbai is ranked th in the world. The city has some notable startup success stories including PharmEasy.

ECOSYSTEM
Startup Infrastructure in Mumbai
With a large variety of initiatives, Mumbai's startup ecosystem stands out from other cities in South Asia. Mumbai offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Mumbai's most prominent support initiatives:

Accelerators

Z Nation Lab startup icon

Z Nation Lab

9Unicorns Accelerator Fund startup icon

9Unicorns Accelerator Fund

Zone Startups India startup icon

Zone Startups India

Coworking Spaces

z Nation Lab startup icon

z Nation Lab

Raheja Platinum startup icon

Raheja Platinum

Regus - Mumbai Navi Mumbai Vashi startup icon

Regus - Mumbai Navi Mumbai Vashi

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