Top Tech Startups in Mumbai

Mumbai has emerged as a thriving ecosystem for tech startups, attracting entrepreneurs and investors alike. The city is home to over 6,500 startups, contributing significantly to Maharashtra’s impressive share of 25% of India’s startup landscape.

With a robust infrastructure, access to a diverse talent pool, and a vibrant community of innovators, Mumbai is an ideal location for launching and scaling tech ventures. The presence of top tech startups in Mumbai, such as PharmEasy and BrowserStack, showcases the city’s commitment to technological advancement. This blog post delves into why Mumbai is a prime destination for the best tech startups in India.

Top Tech Startups  in Mumbai

Here are the top tech startups in Mumbai that are shaping the future of technology!

1. Dezerv

Dezerv is a pioneering fintech startup dedicated to revolutionizing wealth management for professionals and business owners. By leveraging technology and expert financial strategies, the company simplifies investment decisions, making wealth creation more accessible. Dezerv offers a range of tailored solutions designed to optimize portfolio growth and risk management. With a focus on automation and data-driven insights, it continues to transform the traditional investment landscape.

Founded In 2021

Headquarters: Mumbai, Maharashtra, India

Funding & Investment: $60 M

Global Presence: Not Available

Working Modes: Not Available

Number of Employees: 201-500

Average Salary: 7.3-28 LPA

Address: Unit no.301, Third Floor, Trade Centre BKC, 309, Kolivery Village, MMRDA Area, Kalina, Bandra East, Mumbai, Maharashtra 400051

Overall Ratings:

• Glassdoor– 4.2 /5
• AmbitionBox– 2.4/5

Career Page Link: Dezerv Csareers

2. Celcius Logistics Solutions Private Limited 

Celcius is a tech-driven logistics startup specializing in cold chain solutions. It provides an integrated platform that connects transporters, distributors, and manufacturers, ensuring efficient temperature-controlled logistics. The company aims to bridge the demand-supply gap in the cold chain sector by utilizing real-time tracking, predictive analytics, and AI-driven solutions. Celcius is redefining logistics efficiency with its smart technology-driven approach.

Founded In 2020

Headquarters: Mumbai, India

Funding & Investment: $24.5 M

Number of Employees: 51-200

Average Salary: 3.2 LPA-22.7 LPA

Address: Akshar Business Park, H-2022, Plot No. 3, Sector 25, Vashi, Navi Mumbai, Maharashtra 400703

Overall Ratings:

• AmbitionBox- 3.2/5
• Glassdoor- 2.9/5

Career Page Link: Celcius Careers

3. Aerem

Aerem is an innovative startup committed to making solar energy accessible and affordable for businesses. It provides end-to-end solar financing and solutions, empowering enterprises to adopt sustainable energy with minimal upfront costs. By integrating technology with clean energy financing, Aerem ensures the seamless execution of solar projects, driving India’s transition towards renewable energy. The company supports businesses in their journey to reduce carbon footprints while improving energy efficiency.

Founded In 2021

Headquarters: Mumbai, Maharashtra

Funding & Investment: $8.2 M

Global Presence: Not Available

Working Modes: Not Available

Number of Employees: 51-200

Average Salary: 2.6-25.2 LPA

Address: 8th Floor, R City Office, Gate No 3, Amrut Nagar, Ghatkopar West, Mumbai, Maharashtra 400086

Overall Ratings:

• Glassdoor– 4.9/5
• AmbitionBox– 2.8/5

Career Page Link: Aerem Solutions Careers

Explore: Top IT Companies in Mumbai

4. KNYA Med

KNYA Med is a fast-growing startup that focuses on high-quality, functional medical apparel. The company caters to healthcare professionals, providing comfortable, durable, and stylish scrubs and accessories. With a keen focus on innovation, KNYA Med incorporates modern fabric technology and design elements to meet the evolving needs of medical personnel. The brand is recognized for its commitment to quality, affordability, and customer satisfaction.

Founded In 2021

Headquarters: Mumbai, Maharashtra

Funding & Investment: $620k

Global Presence: Not Available

Working Modes: Not Available

Number of Employees: 51-200

Average Salary: 4.8-8.6 LPA

Address: Mathuradas Mill Compound, 401, 4th Floor, Todi Building, Lower Parel West, Mumbai, Maharashtra 400013

Overall Ratings:

• AmbitionBox– 3.8/5
• Glassdoor– 3.0/5

Career Page Link: Knya Med Careers

Read more: Top 10 Tech Startups in Pune

5. Greensat Innovation Labs

Greensat Innovation Labs is an agritech startup dedicated to optimizing agricultural productivity through satellite-based analytics and AI. It provides farmers and agribusinesses with actionable insights to enhance crop health, soil quality, and water usage efficiency. By leveraging remote sensing and big data, Greensat helps stakeholders make data-driven decisions that improve yield and sustainability. The startup is at the forefront of agricultural innovation, transforming traditional farming methods.

Founded In 2020

Headquarters: Mumbai, Maharashtra

Funding & Investment: $130k

Number of Employees: 51-200

Average Salary: 2.9-45.4 LPA

Address: Greensat Innovation Labs, WeWork Oberoi Commerz II, 1st Floor, CTS No. 95, 4 B 3 & 4 590, Off W. E. Highway, Oberoi Garden City, Goregaon East, Mumbai, Maharashtra, India, 400063

Overall Ratings:

• AmbitionBox– 5.0/5

Career Page Link: NA

6. Choira 

Choira is a cutting-edge AI-driven startup focused on transforming the creative industry through automation. The company provides advanced tools and solutions for businesses looking to streamline content creation, from music composition to design. By integrating AI with human creativity, Choira enhances workflow efficiency and enables creators to bring their ideas to life effortlessly. It stands as a game-changer in the creative tech space, offering scalable and intelligent solutions.

Founded In 2021

Headquarters: Mumbai, Maharashtra

Number of Employees: 11-50

Average Salary: 2.9-6.5LPA

Address: 6027, SINE, Rahul Bajaj Technology Innovation Centre, IIT, Powai, Mumbai, Maharashtra 400076

Overall Ratings:

• AmbitionBox– 3.0

Career Page Link: NA

Discover: Top AI Companies in Mumbai

7. Spottabl

Spottabl operates as an HR technology startup that focuses on performance management and employee engagement systems. The platform supports goal tracking, feedback cycles, and review workflows through structured digital processes. Its tools help organizations maintain transparency across performance discussions. Spottabl continues to build systems that align individual goals with company objectives.

Founded In 2020

Headquarters: Mumbai, Maharashtra, India

Funding & Investment: $3.5 M

Number of Employees: 11-50

Average Salary: 5-34.6 LPA

Address: Shop No. 7, Ground Floor, Laxmi Narayan Building, Next to R K Studio V N, VN Purav Marg, Chembur East, Mumbai, Maharashtra 400071

Overall Ratings:

• Glassdoor– 3.9/5
• AmbitionBox– 3.7/5

Career Page Link: NA

8. Snapmint

Snapmint operates as a consumer fintech startup that provides instant credit solutions for online and offline purchases. The platform evaluates user eligibility through data-based risk models and supports flexible repayment structures. Its systems integrate merchant onboarding, credit assessment, and transaction tracking into a single workflow. Snapmint continues to focus on responsible credit access for digitally active consumers.

Founded In 2017

Headquarters: Mumbai, Maharashtra, India

Funding & Investment: $35 M+

Number of Employees: 201-500

Average Salary: 7-34 LPA

Address: Nahur Railway Station, Nahur West, Industrial Area, Bhandup West, Mumbai, Maharashtra 400042

Overall Ratings:

• Glassdoor– 4.3/5
• AmbitionBox– 3.7/5

Career Page Link: SnapMint Careers

9. Flexiloans

FlexiLoans operates as a digital lending startup that focuses on providing working capital solutions to small and medium enterprises. The company relies on alternative data models and automated credit assessment systems to support faster loan approvals. Its platforms manage underwriting, disbursement, and repayment tracking through structured digital workflows. FlexiLoans continues to support credit access for businesses that face limitations with traditional lending channels.

Founded In 2016

Headquarters: Mumbai, Maharashtra, India

Funding & Investment: $230 M+

Number of Employees: 501-1,000

Average Salary: 6-20 LPA

Address: Tower-2, 7th Floor, ONE WORLD CENTER South Annexe, 841, Senapati Bapat Marg, Saidham Nagar, Lower Parel, Mumbai, Maharashtra 400013

Overall Ratings:

• Glassdoor– 3.9/5

Career Page Link: FlexiLoans Careers

10. IDfy

IDfy operates as a trust and identity verification technology company serving enterprises across finance, logistics, and staffing sectors. The company develops verification systems that manage background checks, document validation, and compliance workflows. Its platforms support large-scale verification processes through structured data pipelines and audit-ready reporting systems. IDfy maintains a strong focus on data security, regulatory alignment, and system reliability.

Founded In 2011

Headquarters: Mumbai, Maharashtra, India

Funding & Investment: $54 M

Number of Employees: 501-1,000

Average Salary: 8-25 LPA

Address: 8th Floor, Skyline Icon, Andheri-Kurla Road, Marol Naka, Mumbai, Maharashtra 400059, India

Overall Ratings:

• Glassdoor– 3.8/5
• AmbitionBox– 3.2/5

Career Page Link: IDfy Careers

Talent Availability for Tech Startups in Mumbai

Mumbai offers access to both technical and non-technical talent that supports early and growth-stage startups. Engineering, product management, sales, and operations talent remains readily available.

• Engineering and Product Talent Pool

Engineering talent in Mumbai comes from established institutions, private colleges, and experienced professionals from enterprise IT backgrounds. Many engineers bring exposure to large-scale systems and regulated environments. Product managers often possess domain knowledge in finance, logistics, or media. This combination supports structured product development.

• Sales, Marketing, and Operations Expertise

Sales and operations talent plays a critical role in Mumbai-based startups due to enterprise-focused business models. Professionals with experience in B2B sales and account management remain widely available. Marketing teams benefit from exposure to media, advertising, and brand strategy sectors. This balance supports go-to-market execution.

• Startup-Ready Talent With Enterprise Exposure

A large portion of Mumbai’s workforce has prior experience in established enterprises, banks, consulting firms, and large technology service companies. This background brings familiarity with structured processes, compliance requirements, and large customer accounts. Startups benefit from talent that understands scale expectations from early stages. This reduces execution risk during growth phases.

• Availability of Cross-Functional Professionals

Many professionals in Mumbai develop cross-functional exposure due to the city’s dense business environment. Engineers often gain experience working closely with sales or operations teams. Business professionals frequently develop technical fluency through collaboration with product teams. This overlap supports faster decision-making and better internal alignment within startups.

• Strong Talent Pipeline From Educational Institutions

Mumbai and its surrounding regions produce a steady pipeline of graduates from engineering, management, and design institutions. These graduates enter startups with practical expectations shaped by internships, project-based learning, and early industry exposure. Startups benefit from a continuous inflow of early-career talent that adapts quickly to fast-changing priorities. This supports team expansion without long hiring cycles.

• Freelance and Contract Talent Ecosystem

The city supports a mature freelance and contract talent market across technology, design, marketing, and operations roles. Startups use this ecosystem to manage short-term requirements and specialized tasks. Flexible hiring models allow teams to control costs while maintaining execution speed. This approach supports experimentation without long-term commitments.

• Leadership Talent for Scaling Teams

Mumbai offers access to mid-level and senior professionals who have experienced company growth phases firsthand. These professionals bring experience in team building, process creation, and performance management. Their presence helps startups transition from founder-led execution to structured leadership models. This continuity supports stable scaling.

Key Technology Domains Dominating Mumbai’s Startup Ecosystem

1. Fintech and Financial Infrastructure Startups

Fintech startups form a large share of Mumbai’s startup ecosystem due to the city’s banking and financial services concentration. Many companies focus on lending platforms, compliance systems, payment orchestration, and credit assessment tools. These startups address operational inefficiencies faced by traditional financial institutions. Strong regulatory understanding further strengthens their market position.

2. SaaS and Enterprise Software Startups

Enterprise software startups in Mumbai build platforms for compliance, HR management, logistics coordination, and cloud governance. Products focus on workflow automation, data visibility, and system integration. Customers often include mid-size and large enterprises that require scalable solutions. Predictable subscription models support consistent growth trajectories.

3. Healthtech and Medical Commerce Startups

Healthcare-focused startups address gaps in medical payments, equipment supply, diagnostics, and hospital operations. Mumbai’s hospital networks and healthcare distributors create a strong testing ground for such platforms. Technology adoption improves billing clarity, patient experience, and operational coordination. These startups often operate at the intersection of care delivery and financial systems.

Final Words

In conclusion, Mumbai’s status as a leading hub for tech startups is bolstered by its unique blend of resources, talent, and entrepreneurial spirit. The city fosters a culture of innovation, supported by numerous incubators, accelerators, and networking opportunities that facilitate collaboration among startups. As the demand for technology-driven solutions continues to rise, Mumbai’s vibrant ecosystem is well-equipped to nurture emerging companies across various sectors.

With ongoing investments and a supportive regulatory environment, the city is poised to remain at the forefront of India’s tech revolution, offering exciting prospects for both entrepreneurs and investors looking to make their mark in the industry.

Frequently Asked Questions

What are the top tech startups in Mumbai?

Mumbai is home to several leading tech startups, including Zepto, a rapid grocery delivery service; Upstox, a financial technology platform; and Elevate K-12, an online education provider.
Other notable startups include Nykaa, an e-commerce platform for beauty products; BookMyShow, a ticketing service for movies and events; and Purplle, an online beauty and personal care retailer.

How do I find job opportunities at tech startups in Mumbai?

To find job opportunities at tech startups in Mumbai, explore specialized job platforms like Wellfound, which lists numerous positions in the city. Additionally, websites such as Naukri.com and Indeed feature startup job listings in Mumbai. 

What is the average salary for employees at tech startups in Mumbai?

Employees at tech startups in Mumbai earn an average annual salary of approximately ₹22.3 lakhs, with most ranging from ₹16.1 lakhs to ₹43.0 lakhs. 

What is the work culture like at tech startups in Mumbai?

Tech startups in Mumbai often feature dynamic, fast-paced environments with a focus on innovation and flexibility

How do tech startups in Mumbai support innovation and growth?

Tech startups in Mumbai foster innovation and growth by leveraging government initiatives, private investments, and access to venture capital firms like Nexus Venture Partners, Sequoia Capital India, and Blume Ventures.