The Startup Ecosystem of Mumbai

Mumbai boasts 610 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 1 spots in its global rank in the Global Startup Ecosystem Index of 2022, its ranking in India remained stable at 3 nationally since 2021.

National Ranking

3rd
0
In India

Regional Ranking

3rd
0
In South Asia

Global Ranking

17th
-
1
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 610 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 20 startup ecosystems globally.

Top Industries

Mumbai’s startups excel particularly in Education where it ranks 8 and in Foodtech, and Fintech. 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:
2022 National Rank & Change ▲
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
8th
+
2
63.282
6.64
54.19
2.46
2nd
0
13th
+
1
43.043
6.68
33.91
2.46
3rd
0
17th
-
1
36.211
3.97
29.79
2.46
4th
0
90th
+
14
7.921
1.50
3.96
2.46
5th
0
97th
+
9
7.633
2.11
3.06
2.46
6th
0
102nd
+
31
7.148
1.32
3.37
2.46
7th
+
1
212th
-
17
3.856
0.43
0.97
2.46
8th
-
1
223rd
-
47
3.647
0.62
0.57
2.46
9th
0
267th
-
53
2.633
0.45
0.31
1.87
10th
+
10
338th
+
118
1.605
0.07
0.40
1.14
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Startups

Notable Startups in Mumbai
PharmEasy startup icon
PharmEasy
Toppr startup icon
Toppr
Pepperfry startup icon
Pepperfry

Startups

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

Startups

Startups Ranking by Industry

Education icon
Education
#8 worldwide

On our map, you can explore a total of 141 startups for Education.

Foodtech icon
Foodtech
#16 worldwide

In South Asia, Mumbai's Foodtech is in top 16. Mumbai has a concentration of about 0% of the country's total Foodtech startups that are represented on our map.

Fintech icon
Fintech
#23 worldwide

Fintech is ranked 23rd in the world. Our database contains 91 startups for this industry.

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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, Foodtech, Fintech. 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 boasts 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

Zone Startups India startup icon

Zone Startups India

Zone Startups India startup icon

Zone Startups India

HourSpace startup icon

HourSpace

Coworking Spaces

91Springboard, Navi Mumbai startup icon

91Springboard, Navi Mumbai

91springboard startup icon

91springboard

Awfis Space Solution Pvt. Ltd startup icon

Awfis Space Solution Pvt. Ltd

Organizations

Icon Business Forum startup icon

Icon Business Forum

Tata Motors startup icon

Tata Motors

Two startup icon

Two

Featured Ecosystem Portals

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EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

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How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

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