1356 Top startups in Mumbai for April 2025

We rank PharmEasy, Testbook.com and Tata in Mumbai along with 1353 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Mumbai startup ecosystem ranks #20 globally and #3 in India.

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Top Unicorn Startups in Mumbai for 2025

Fourteen startups have achieved unicorn status by exceeding USD 1 billion in valuation. Collectively, the top three unicorns in Mumbai have raised more than USD 19.5B.
SB Score:727

Zepto provides a groundbreaking 10-minute grocery delivery service through its user-friendly e-grocery app. With a selection of over 2,500 products, it transforms the grocery shopping experience by ensuring customers receive their essentials promptly and efficiently.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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2nd

Acko
SB Score:720

Acko is an online insurance policy provider with its entire operations offered through the digital platform. It creates products and delivers opportunities in areas such as personalized insurance products based on user consumption behaviors. Acko offers bite-sized insurance products for drivers and others working in transportation and related sectors. It has also expanded its catalog and begun offering similar policies in healthcare.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:703

Purplle offers a unique shopping experience on its app with personalized recommendations based on user personas, search history, and purchase behavior. Customers can virtually try on makeup and receive tailored product suggestions, creating a seamless and enjoyable shopping journey.

Industry:
Ecommerce & Retail
Subindustry:
Retail

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Total amount:14

Best Startups in Mumbai for 2025

SB Score:748

PharmEasy is a health tech startup offering services such as teleconsultation, medicine deliveries, and diagnostic test sample collections. It also operates an online pharmacy that helps patients connect with local pharmacy stores and diagnostic centers in order to fulfill their extensive medical needs. The startup company is funded and backed by Caisse de Dépôt et Placement du Québec (CDPQ), Ascent Health, Bessemer Venture Partners, Orios Venture Partners, Eight Roads Ventures, InnoVen Capital, and Temasek Holdings. PharmEasy was founded in 2015 by Dharmil Sheth, Mikhil Innani, and Dhaval Shah as a subsidiary of Ascent Health.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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SB Score:689

Testbook.com offers government exam preparation with new concepts and mock tests to help users assess their readiness. Join thousands of aspirants to compare progress and increase chances of success.

Industry:
Edtech
Subindustry:
Edtech

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3rd

Tata
SB Score:672

One of the world's most geographically-diversified steel producers, with operations and commercial presence across the world

Industry:
Energy & Environment
Subindustry:
Energy

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SB Score:671

InVideo is a user-friendly platform for creating professional videos with high-quality templates, images, and music. Create engaging content easily and efficiently.

Industry:
Software & Data
Subindustry:
Software and Data-Other

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SB Score:633

Turtlemint is an online insurance platform that identifies and purchases appropriate insurance policies for consumers. It aims to “demystify” insurance by explaining the jargon in a simple way and providing smart tools to help a user make the right choice. From search to purchase, the entire process can be completed online in just a few clicks. The company offers car insurance, bike insurance, health insurance, and term life insurance. It was founded in 2015 and is based in Mumbai, Maharashtra, India.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:621

MyGlamm connects users with experienced stylists, beauticians, nail technicians, and spa aestheticians in one convenient marketplace. Find your perfect beauty professional and book appointments with ease.

Industry:
Healthtech
Subindustry:
Life Sciences

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SB Score:620

Truemeds, a health-tech startup, simplifies access to medications online. It offers a user-friendly platform for ordering prescription drugs and getting them delivered to your doorstep. With Truemeds, managing your health has never been easier.

Industry:
Healthtech
Subindustry:
Health Care

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SB Score:614

InCred is a tech-driven financial platform simplifying lending with quick and easy processes.

Industry:
Fintech
Subindustry:
Online Banking

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SB Score:613

FanCode is a platform for sports fans, providing a wide range of sports content and opportunities for purchasing sports-related products. It focuses on long-tail sports content and contextual commerce to enhance the fan experience.

Industry:
Social & Leisure
Subindustry:
Sports

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SB Score:606

The Souled Store offers a range of trendy t-shirts, framed prints, badges, notebooks, and coasters. Elevate your style with their unique products that add a touch of personality to your everyday essentials.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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11th

IGP
SB Score:594

IGP is India's top D2C platform for occasions, offering personalized, floral, gourmet, and handmade products. IGP for Business is a leading B2B2C partner for reward management and corporate gifting.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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Total amount:1356

Top 189 Fintech Startups in Mumbai for 2025

The top three Fintech startups in Mumbai have raised more than USD 1.41B. Mumbai startup ecosystem ranks #11 globally for the Fintech industry.
SB Score:633

Turtlemint is an online insurance platform that identifies and purchases appropriate insurance policies for consumers. It aims to “demystify” insurance by explaining the jargon in a simple way and providing smart tools to help a user make the right choice. From search to purchase, the entire process can be completed online in just a few clicks. The company offers car insurance, bike insurance, health insurance, and term life insurance. It was founded in 2015 and is based in Mumbai, Maharashtra, India.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (India)

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SB Score:614

InCred is a tech-driven financial platform simplifying lending with quick and easy processes.

Industry:
Fintech
Subindustry:
Online Banking

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SB Score:593

PayNearby provides convenient digital banking, payment, and transaction services. Simplifying financial transactions, users can easily access a wide range of services through one platform.

Industry:
Fintech
Subindustry:
Online Banking

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Total amount:189

Top 378 Software & Data Startups in Mumbai for 2025

The top three Software & Data startups in Mumbai have raised more than USD 923M. Mumbai startup ecosystem ranks #32 globally for the Software & Data industry.
SB Score:671

InVideo is a user-friendly platform for creating professional videos with high-quality templates, images, and music. Create engaging content easily and efficiently.

Industry:
Software & Data
Subindustry:
Software and Data-Other

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SB Score:591

Titan's email suite empowers businesses to streamline communication by enabling efficient scheduling, automated follow-up reminders, and customizable templates. Users can effortlessly send new emails and recurring responses without the hassle of drafting each message from scratch, enhancing productivity and engagement.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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3rd

IDfy
SB Score:589

IDfy is a company that helps businesses prevent fraud by providing background verification services.

Industry:
Software & Data
Subindustry:
Cybersecurity

National Rank (India)

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Total amount:378

Top 230 Ecommerce & Retail Startups in Mumbai for 2025

The top three Ecommerce & Retail startups in Mumbai have raised more than USD 3.04B. Mumbai startup ecosystem ranks #18 globally for the Ecommerce & Retail industry.
SB Score:748

PharmEasy is a health tech startup offering services such as teleconsultation, medicine deliveries, and diagnostic test sample collections. It also operates an online pharmacy that helps patients connect with local pharmacy stores and diagnostic centers in order to fulfill their extensive medical needs. The startup company is funded and backed by Caisse de Dépôt et Placement du Québec (CDPQ), Ascent Health, Bessemer Venture Partners, Orios Venture Partners, Eight Roads Ventures, InnoVen Capital, and Temasek Holdings. PharmEasy was founded in 2015 by Dharmil Sheth, Mikhil Innani, and Dhaval Shah as a subsidiary of Ascent Health.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (India)

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SB Score:606

The Souled Store offers a range of trendy t-shirts, framed prints, badges, notebooks, and coasters. Elevate your style with their unique products that add a touch of personality to your everyday essentials.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (India)

0

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Regional Rank (South Asia)

0

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Global Rank (WorldWide)

0

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3rd

IGP
SB Score:594

IGP is India's top D2C platform for occasions, offering personalized, floral, gourmet, and handmade products. IGP for Business is a leading B2B2C partner for reward management and corporate gifting.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (India)

0

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Total amount:230

Most Funded Startups in Mumbai for 2025

The top three most funded startups in Mumbai have raised total funding of more than USD 3.95B. PharmEasy has 0.44% more funding than Tata.
SB Score:748

PharmEasy is a health tech startup offering services such as teleconsultation, medicine deliveries, and diagnostic test sample collections. It also operates an online pharmacy that helps patients connect with local pharmacy stores and diagnostic centers in order to fulfill their extensive medical needs. The startup company is funded and backed by Caisse de Dépôt et Placement du Québec (CDPQ), Ascent Health, Bessemer Venture Partners, Orios Venture Partners, Eight Roads Ventures, InnoVen Capital, and Temasek Holdings. PharmEasy was founded in 2015 by Dharmil Sheth, Mikhil Innani, and Dhaval Shah as a subsidiary of Ascent Health.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (India)

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2nd

Tata
SB Score:672

One of the world's most geographically-diversified steel producers, with operations and commercial presence across the world

Industry:
Energy & Environment
Subindustry:
Energy

National Rank (India)

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SB Score:482

Bizongo develops a tech-enabled B2B e-commerce and supply chain platform for packaging, apparel, and other customized goods. It digitally transforms the fragmented and unorganized yet unique and ubiquitous B2B segment of customized goods. The company focuses on packaging, textiles, apparel, and other contract manufacturing goods as its product portfolio and has a network of over 1500 curated manufacturers across these categories. Bizongo was founded in 2015 by three IIT graduates Aniket Deb, Sachin Agrawal, and Ankit Tomar.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

National Rank (India)

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Total amount:1356

Top Hiring Startups in Mumbai by Employee Number

The top three hiring startups in Mumbai have an median employee size that is between [5001-10000]

1st

Tata
SB Score:672

One of the world's most geographically-diversified steel producers, with operations and commercial presence across the world

Industry:
Energy & Environment
Subindustry:
Energy

National Rank (India)

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SB Score:748

PharmEasy is a health tech startup offering services such as teleconsultation, medicine deliveries, and diagnostic test sample collections. It also operates an online pharmacy that helps patients connect with local pharmacy stores and diagnostic centers in order to fulfill their extensive medical needs. The startup company is funded and backed by Caisse de Dépôt et Placement du Québec (CDPQ), Ascent Health, Bessemer Venture Partners, Orios Venture Partners, Eight Roads Ventures, InnoVen Capital, and Temasek Holdings. PharmEasy was founded in 2015 by Dharmil Sheth, Mikhil Innani, and Dhaval Shah as a subsidiary of Ascent Health.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (India)

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SB Score:577

The startup offers innovative payment solutions including POS, mPOS, card payments, and NFC payment. With mQR and QR code technology, users can easily make digital payments. The card swiping machine ensures secure transactions for a seamless payment experience.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (India)

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Regional Rank (South Asia)

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Total amount:1356

Explore the Startup Ecosystem of Mumbai

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Top Cities for Startups in India - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
8th
0
68.148
00.00
00.00
00.00
2nd
0
11th
+
2
55.680
00.00
00.00
00.00
3rd
0
20th
+
5
36.843
00.00
00.00
00.00
4th
+
1
65th
+
24
10.644
00.00
00.00
00.00
5th
-
1
76th
+
2
9.576
00.00
00.00
00.00
6th
0
81st
+
21
9.365
00.00
00.00
00.00
7th
+
1
125th
+
70
5.912
00.00
00.00
00.00
8th
-
1
153rd
+
28
4.232
00.00
00.00
00.00
9th
0
209th
+
30
2.334
00.00
00.00
00.00
10th
+
1
231st
+
156
2.034
00.00
00.00
00.00
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