<div id="dashboard-description"><img src="https://images.unsplash.com/photo-1573132223210-d65883b944aa?ixlib=rb-4.0.3&amp;ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&amp;auto=format&amp;fit=crop&amp;w=1000&amp;q=80" alt="high-rise buildings during daytime">
 With a growing number of startups being created in India each year, the country is bustling with more startup energy than ever. The Mumbai startup ecosystem is playing a very important role in India’s burgeoning startup scene and is its financial capital. 
 The startups in the Mumbai Startup Ecosystem mostly revolve around the financial, consumer services, media and retail sector. The abundance of venture capitalists, growth funds, educational institutions and incubators has propelled Mumbai’s growth in the startup scene. 
 One of the success stories in Mumbai’s startup ecosystem is one <a href="https://www.acko.com/?utm_campaign=startupblink&amp;utm_medium=startupblink&amp;utm_source=startupblink">Acko General Insurance</a>, a digital insurance company with a license to underwrite and distribute bite-sized insurance products which succeeded to exceed US $1 billion in valuation. Another example is <a href="https://upstox.com/?utm_campaign=startupblink&amp;utm_medium=startupblink&amp;utm_source=startupblink">Upstox</a>, a fintech company that allows innovative investment options for its users. These success stories are proof showcasing Mumbai`s specialization in the fintech industry. 
 Mumbai also houses the head offices of a number of giant corporations, which means easy access to capital and experienced professionals. The city also offers startups an interesting mix of management and engineering talent, new as well as old. Every year, the city attracts students from all over India, who choose to study in the city owing to its many cosmopolitan attractions and opportunities. The city is home to premier institutes for engineering as well as management.
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![high-rise buildings during daytime](https://images.unsplash.com/photo-1573132223210-d65883b944aa?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)

 With a growing number of startups being created in India each year, the country is bustling with more startup energy than ever. The Mumbai startup ecosystem is playing a very important role in India’s burgeoning startup scene and is its financial capital. 

 The startups in the Mumbai Startup Ecosystem mostly revolve around the financial, consumer services, media and retail sector. The abundance of venture capitalists, growth funds, educational institutions and incubators has propelled Mumbai’s growth in the startup scene. 

 One of the success stories in Mumbai’s startup ecosystem is one [Acko General Insurance](https://www.acko.com/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink), a digital insurance company with a license to underwrite and distribute bite-sized insurance products which succeeded to exceed US $1 billion in valuation. Another example is [Upstox](https://upstox.com/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink), a fintech company that allows innovative investment options for its users. These success stories are proof showcasing Mumbai`s specialization in the fintech industry. 

 Mumbai also houses the head offices of a number of giant corporations, which means easy access to capital and experienced professionals. The city also offers startups an interesting mix of management and engineering talent, new as well as old. Every year, the city attracts students from all over India, who choose to study in the city owing to its many cosmopolitan attractions and opportunities. The city is home to premier institutes for engineering as well as management.

VistaPrint - Realisng The Remarkable

LenDenClub Alpha

Sankalp Forum

Enam Sambhav

VIjay Diamond

247 Park

Icon Business Forum

Tata Motors

Testbook.com

Artium Academy

The 1% Club

PhonePe

PharmEasy

ZoomStart India

Seawoods Grand Central

Zenia

Mumbai has 1,455 startups in our sample database. This represents about 13% of India’s startups. Mumbai is the 3rd best startup ecosystem in India.

In 2024, the startup scene of Mumbai developed considerably and
       increased in the Global Ecosystem Index by 5 spots.

Explore Mumbai’s startup ecosystem which ranks 3rd in India and 20th globally. Discover startups, unicorns, and exits in Mumbai. Dive into Edtech, which is the best startup industry in Mumbai.

Startup Ecosystem of Mumbai | StartupBlink

Our startup ecosystem map for Mumbai includes a sample of 1,455 tech companies. We have identified as unicorns 16 startups that have passed the USD 1 billion valuations.
 Get the <a class="underline" href="https://lp.startupblink.com/pro-map/">Pro account</a> for unrestricted insights on this ecosystem.

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:

Within Mumbai there is an increased attraction for entrepreneurs
  to set up their startups in industries such as Edtech, Fintech, Foodtech. These three industries represent about 25% of the startups
represented on the Startup Ecosystem Map of Mumbai. 

Mumbai is India's 3rd best startup
  ecosystem and is ranked 3rd in South Asia. With a population of 10M+ people,
   Mumbai is ranked 20th in the world. The city has some notable startup success stories
   including PhonePe.

An inspiring ecosystem that is steadily due to its growing use of digital technologies, rapid urbanization and planned investments

WADAAG TECHNOLOGIES

Sostec

FGS Bill Tracker

Zaad

Wadaag Investment

A growing regional and global startup leader 

bitget.com

AscendEX

DeBank

Trip.com

Viki

A vibrant and strong startup hub attracting international recognition and investment

Cámara de Comercio de Bogotá

Founder Institute (FI) Bogota

RockStart Latam 

Calle 127a # 53a-45

Carrera 19 # 100 - 45

WeWork

Toastmasters Bogota

Picap

Autolab

Cubbo

Rappi

Addi

Bold

Calle 26 # 92-32

Carrera 11B # 99 - 25

A leading regional startup hub owing its succes to the creative and innovative spirit of its people 

MiraKle Lab

VentureSquare

TIPS

Staion Neo

Samseong Station II

Gangnam Station

Seoul Business Agency

SK Hynix

Toss Lab

AIV 

OP.GG

Bithumb

Fastfive Seocho 2

LocalStitch Yeongdeungpo

An innovative city with a global startup ecosystem

Nikkei

LIP. Yokohama (Life Innovation Platform Yokohama)

Project Ninja

THE BAYS

Hanzomon PREX North

Iceberg

Keio University, Hiyoshi Campus

RIKEN Yokohama Campus

YNU Yokohama National University

Locoguide

C Channel

note

PayPay

DM2C Studio

Timee

Regus - Tokyo, Kanda

OpenOffice - Tokyo, Nihonbashi Hakozaki (Open Office)

Regus - Tokyo, Ginza 3-Chome

One of the fastest growing ecosystems in Australia 

River City Labs

Buderim Meeting Rooms

The Boarding Office

INVEST Sunshine Coast

Delorean Project

Inform Ag

Coyo

NutWorks

Zitcha

Servatus

WOTSO

Inbox Workspace

A growing startup ecosystem owing to its workforce and industries.

Build2Scale Health

Queen's Startup Runway Incubation Program

Makerspace of Queen's University

Rose Innovation Hub

Queen’s University Rose Innovation Hub

Queen's Office of Partnerships and Innovation

Queen's University Smith School Of Business

Dunin-Deshpande Queen's Innovation Centre

Sparq Systems

FireRein

Green Graphite

IPG Photonics Canada

CMC Microsystems

Mosaic Manufacturing

Alon MedTech Ventures

Open Valley

Colab Square

Yokneam Municipality 

Startup Village Yokneam

Augmedics

ForSight Robotics

Rapid Medical

Chain Reaction

K2View

Pitch

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Corporate Startup Activity Index 2025

The Impact of Government Support on Startups