Startup Companies in Mumbai (The Ultimate List)

Mumbai is home to a vibrant ecosystem of startups, with many entrepreneurs launching innovative and inspiring ventures. From edtech to healthcare, fintech to e-commerce, these companies are making a real impact in the city, creating jobs and driving economic growth. Startup companies in Mumbai have been able to gain massive success due to the access to investors, resources, and talent that Mumbai provides.

List of Startup Companies in Mumbai

How Many Startups Are There in Mumbai

Mumbai is home to over 140 edtech, 105 food-tech, and 93 fintech start-ups and attracts interest from top venture capitalists. This has also led to an increase in jobs for many startups in Mumbai. Below are the details of some startups in Mumbai.

Purplle:

Purplle is an online cosmetics, fragrance, skincare, and hair care retailer. Customers can purchase a variety of beauty and personal grooming tools and items.

Details of the startup:

1. Started in 2011
2. Manish Taneja and Rahul Dash are the founders.
3. Beauty, cosmetics, e-commerce, mobile apps, retail, and shopping are all industries.
4. Employees range from 101 to 250.

Ola Cabs

Ola Cabs has emerged as one of the leading providers of online cab services in India. Ola Cabs was started in Mumbai and is headquartered in Bangalore. Its services are now available in Australia, New Zealand, and the United Kingdom. In fiscal year 21, the startup earned $131.83 million in revenue.

Details of the startup:

1. Started in: 2010
2. Founders: Bhavish Aggarwal, Ankit Bhati
3. Industry: Mobility Solutions
4. Employees range from 1001 to 5000.

Acko

Acko aims to make insurance extremely user-friendly and affordable. Technology and insurance are optimally combined by Acko. Technology has made insurance quick and convenient, replacing tedious processes. Acko also found a way to keep something as important as insurance in his pocket. Acko is digital-first, so you can use it as conveniently as your own smartphone.

Details of the startup:

1. Founded In: 2017
2. Founded By: Varun Dua
3. Industry: Insurance tech
4. Competitors:  RenewBuy, Origin, Goji, and Vouch Insurance

BookMyShow

Founded in 1999 by three friends, BookMyShow is India’s largest online ticket brand. BookMyShow started with the idea of ​​selling movie tickets online but has since expanded to offer online ticketing services for theaters, events, concerts, sports, and more.

Details of the startup:

1. Started in: 1999
2. Ashish Hemrajani, Rajesh Balpande, and Parikshit Dar are the founders.
3. Industry: Online ticketing
4. The number of employees is from 1001 to 5000

Pepperfry

Pepperfry is one of the most famous e-commerce brands today. The company was established to provide customers with a variety of lifestyle products. It then developed into selling furniture and home goods, filling a specific niche in the market.

The brand is already well-known in most of India’s major cities and its substantial inventory includes over 80,000 different furniture and interior items. All of these are from brands and artisans, as well as clients ranging from small businesses to large corporations. 

Details of the startup:

1. Started in: July 2011
2. Ambareesh Murty and Ashish Shah founded the company.
3. Industry: Furniture and Home Décor 
4. Employee count: 500-1000

Snackible

Snackible satisfies unexpected hunger between meals, whether you’re in a meeting, enjoying your favorite show, or preparing for an exam.

You can get a snack that’s delicious and at the same time gentle on the waist from Snacks.

Satisfy your hunger naturally with Snackible, a company that understands Indian tastes.

Details of the startup:

1. Started in: 2015
2. Founded by: Aditya Sanghavi
3. Industry: Snack (food)

Haptik

Haptik develops technology that enables companies to build conversational AI systems across 20 channels and 100+ languages. Haptik released its first product, a chat-based personal assistant, in 2014.

Leading companies such as HP, Whirlpool, and Unilever are using haptics in their chatbots. Haptik also created a WhatsApp chatbot for the Indian government in 2020 to raise awareness about the Covid virus.

Details of the startup:

1. Started in:  2013
2. Aakrit Vaish and Swapan Rajdev are the founders.
3. Industry: B2B SaaS 
4. Employees range from 201 to 500.

Cleartrip

Cleartrip is an online travel agency that allows customers to find and book flights anywhere. With a wide range of hotels and flights, intuitive products, a customer-centric approach, and a value proposition that differs significantly from the competition, Cleartrip offers simplicity, choice, affordability, and exclusive content.

Details of the startup:

1. Started in: July 4, 2006
2. Stuart Crighton, Hrush Bhatt, and Matthew Spacie founded the company.
3. Industry: Tourism and travel 
4. Employees range from 501 to 1000.

Justdial

Justdial is a local search engine that performs phone, website, and mobile app searches for various services in India. The company started as a phone-based local directory and now has over 25 verticals on its website.

Services such as Bills & Charges, Table Bookings, Taxi Bookings, Movie Ticket Bookings, Deals & Deals, Plane Tickets, JD Events, Grocery Orders, Food Orders, Flower Orders, etc. are currently available. On May 3, 2012, the company went public.

Details of the startup:

1. Started in: 1996
2. V. S. S. Mani is the founder.
3. Industry: Search Engine 
4. Employees: 10,000 or more employees

Toppr

Toppr is an e-learning and exam preparation platform for Indian students to prepare for various entrance exams such as JEE, and NEET. It teaches 22 boards, 58 different exams, and 17 subjects. It also acquired edtech startups such as Manch and Easyprep.  Toppr was acquired by Byju’s in 2021.

Details of the startup:

1. Started in: 2013
2. Zishaan Hayath and Hemanth Goteti are the founders.
3. Industry: Edu-tech 
4. Employees range from 501 to 1000.

Wrapping Up

It is undeniable that many startups are trying to expand and grow in India. Mumbai is at the forefront of the startup ecosystem alongside Bengaluru, Delhi, and Chennai.

It is evident that startup life is flourishing across India, with young entrepreneurs starting their own businesses and established companies making inroads into the sector.

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