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Mumbai, often dubbed the financial heartbeat of India, has transformed into a vibrant hub for startups. From fintech to healthtech, the city is brimming with innovative ventures. Here’s a curated list of the top 20 startup companies in Mumbai, highlighting their core operations, founders, funding details, and career opportunities.
Here are Top 20 Best Startup Companies in Mumbai
1. Zepto
- Introduction: Zepto is a quick-commerce platform delivering groceries and essentials within minutes.
- Founder: Aadit Palicha and Kaivalya Vohra
- Funding: Valued at over $5 billion as of 2024
- Careers: Explore opportunities at Zepto
2. Pocket FM
- Introduction: Pocket FM offers a vast library of audio series across genres like romance, drama, and horror.
- Founder: Rohan Nayak, Nishanth K S, and Prateek Dixit
- Funding: Raised $65 million in Series C funding in 2023
- Careers: Join the team at Pocket FM
3. Pilgrim
- Introduction: Pilgrim is a D2C personal care brand inspired by global beauty traditions.
- Founder: Anurag Kedia and Gagandeep Makker
- Funding: Secured $20 million in Series B funding in 2023
- Careers: Discover roles at Pilgrim
4. Dezerv
- Introduction: Dezerv is a wealth management platform offering curated investment portfolios.
- Founder: Siddharth Parekh, Sandeep Jethwani, and Jay Jain
- Funding: Raised $21 million in Series A funding in 2022
- Careers: Explore careers at Dezerv
5. Open Secret
- Introduction: Open Secret offers healthy snacking options made with clean ingredients.
- Founder: Ahana Gautam
- Funding: Raised $10 million in Series B funding in 2023
- Careers: Join the mission at Open Secret
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6. The Whole Truth Foods
- Introduction: Whole Truth Foods provides clean-label snacks with transparent ingredient lists.
- Founder: Shashank Mehta
- Funding: Secured $15 million in Series B funding in 2023
- Careers: Explore opportunities at The Whole Truth
7. The Sleep Company
- Introduction: The Sleep Company offers smart grid mattresses for enhanced sleep quality.
- Founder: Priyanka Salot and Harshil Salot
- Funding: Raised $21 million in Series B funding in 2023
- Careers: Discover roles at The Sleep Company
8. Truemeds
- Introduction: Truemeds is a telehealth platform providing affordable medicines and consultations.
- Founder: Dr. Dharmil Sheth and Dr. Gaurav Agarwal
- Funding: Raised $22 million in Series B funding in 2023
- Careers: Join the team at Truemeds
9. IDfy
- Introduction: IDfy offers identity verification and background check solutions.
- Founder: Ashok Hariharan and Vineet Jawa
- Funding: Secured $27 million in Series D funding in 2024
- Careers: Explore careers at IDfy
10. Kenko Health
- Introduction: Kenko Health provides subscription-based healthcare plans covering OPD and hospitalisation.
- Founder: Aniruddha Sen and Vaibhav Tewari
- Funding: Raised $12 million in Series A funding in 2022
- Careers: Discover roles at Kenko Health
11. GetVantage
- Introduction: GetVantage offers revenue-based financing solutions for startups and SMEs.
- Founder: Bhavik Vasa
- Funding: Raised $5 million in seed funding in 2021
- Careers: Join the mission at GetVantage
12. Mintifi
- Introduction: Mintifi provides digital lending solutions for distributors and retailers.
- Founder: Anup Agarwal, Ankit Mehta, and Anil Choudhary
- Funding: Secured $40 million in Series C funding in 2023
- Careers: Explore opportunities at Mintifi
13. PharmEasy
- Introduction: PharmEasy is a health-tech platform offering online medicine delivery and diagnostic services.
- Founder: Dharmil Sheth and Dr. Dhaval Shah
- Funding: Raised $216.2 million in 2024
- Careers: Explore opportunities at PharmEasy
14. Rebel Foods
- Introduction: Rebel Foods operates a cloud kitchen platform, managing multiple food brands under one roof.
- Founders: Jaydeep Barman and Kallol Banerjee
- Funding: Secured $210 million in Series G funding
- Careers: Join the team at Rebel Foods
15. Acko
- Introduction: Acko is a digital insurance provider offering car, bike, and health insurance policies.
- Founder: Varun Dua
- Funding: Raised $255 million in Series D funding
- Careers: Discover roles at Acko
16. Purplle
- Introduction: Purplle is an online beauty and personal care platform offering a wide range of products.
- Founder: Manish Taneja and Rahul Dash
- Funding: Raised $140 million in Series D funding
- Careers: Explore careers at PurplleStartupBlink
17. InVideo
- Introduction: InVideo is a video creation platform enabling users to produce professional videos with ease.
- Founder: Sanket Shah
- Funding: Raised $15 million in Series A funding
- Careers: Join the mission at InVideo
18. Upstox
- Introduction: Upstox is a fintech company providing online trading and investment services.
- Founder: Ravi Kumar and Shrini Viswanath
- Funding: Raised $137 million in Series C funding
- Careers: Discover roles at Upstox
19. Haptik
- Introduction: Haptik is a conversational AI platform helping businesses enhance customer engagement.
- Founder: Aakrit Vaish and Swapan Rajdev
- Funding: Acquired by Reliance Industries in 2019
- Careers: Explore opportunities at Haptik
20. Financepeer
- Introduction: Financepeer is a leading edtech-fintech platform that offers zero-cost EMI solutions for school and college fee payments, making education more accessible.
- Founder: Sushant Sharma
- Funding: Raised $31 million in Series B funding in 2022
- Careers: Discover roles at Financepeer
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Conclusion
Mumbai’s startup ecosystem is thriving, with companies across various sectors making significant strides. These startups not only contribute to the economy but also offer exciting career opportunities.
FAQs
- What makes Mumbai a hub for startups?
- Mumbai offers a robust infrastructure, access to capital, and a diverse talent pool, making it an ideal location for startups.
- Which sectors are booming in Mumbai’s startup scene?
- Fintech, health-tech, ed-tech, and e-commerce are among the leading sectors.
- How can I apply for jobs at these startups?
- Visit the companies’ official websites and navigate to their careers section for job openings.
- Are these startups hiring fresh graduates?
- Many startups offer entry-level positions and internships suitable for fresh graduates.
- What is the funding landscape like in Mumbai?
- Mumbai has seen significant growth in startup funding, surpassing other Indian cities in recent years.
- Do these startups offer remote work opportunities?
- Several startups have adopted flexible work models, including remote and hybrid options.
- How can I stay updated on Mumbai’s startup news?
- Follow industry news portals, subscribe to newsletters, and join relevant LinkedIn groups.
- Are there networking events for startups in Mumbai?
- Yes, events like Mumbai Startup Fest and meetups organised by incubators provide networking opportunities
