India has emerged as the 3rd largest startup ecosystem globally, with over 77,000 startups across 656 districts of the country. With 45 startups turning unicorn in 2022, there are now 107 Unicorn Startups in India.

The successful startup stories of India are not just limited to Bengaluru these days. Mumbai, the financial capital of India, is also one of the leading cities when it comes to startups.

There are over 137 Edtech, 101 Foodtech, and 91 Fintech startups in Mumbai which also attracts the interest of top venture capitals firms.  This also led to a rise of many startup jobs in Mumbai. Let’s look into some of the successful and active Startups in Mumbai.

1. Ola Cabs

Ola Cabs has emerged as one of the leading providers of online cab services in India. Headquartered in Bangalore, Ola Cabs was started in Mumbai. It has also now its services in Australia, New Zealand & UK. The startup generated a revenue of $131.83 million in FY21.

2. BookMyShow

Started by 3 friends in 1999, BookMyShow is the largest online ticketing brand in India. BookMyShow started with the concept of online movie ticketing but now offers online ticketing solutions for theatres, events, concerts, sports, and more.

Before covid, it had monthly traffic of 200 million customers, but there was a sharp drop during the covid era. However, the company recorded traffic of 250 million customer visits in a month soon after covid restrictions were eased.

3. Justdial

Justdial is a local search engine that searches for different services in India over the phone, website, and mobile apps.

With more than 25 verticals on the website, the organization that was established in 1996 as a phone-based local directory, today caters to offer services that include Bills & Recharge, Book A Table, Book A Cab, Book Movie Tickets, Deals & Offers, Flight Tickets, JD Events, Order Groceries, Order Food, Order Flowers and many more. The company went public in May 20123.

Justdial has a database of approximately 29.4 million listings.

4. Pepperfry

Pepperfry, an e-commerce startup, is an online marketplace for furniture & home decor products. Founded in 2012, the company now has an inventory of 80,000 products with more than 8 million customers in 500+ cities. The company opened its first offline store in Mumbai in 2014 and now has 70 stores in 28 cities.

  • Started in: 2012
  • Founders: Ambareesh Murty & Ashish Shah
  • Industry: Ecommerce
  • Number of employees: 500-1000
  • Funding amount: $239M
  • Number of funding rounds: 11
  • Number of investors: 17
  • Company’s Linkedin Id: https://www.linkedin.com/company/pepperfry/

5. Quikr

The online marketplace & classified advertising startup, Quikr was founded by Pranay Chulet in 2008. It has listings in categories such as mobile phones, household goods, cars, real estate, jobs, services, and education. Present in 1200 Indian cities, the startup claims to have 30 million unique customers per month.

  • Started in: 2008
  • Founders: Pranay Chulet
  • Industry: Online marketplace
  • Number of employees: 1001-5000
  • Funding amount: $370M
  • Number of funding rounds: 12
  • Number of investors: 22
  • Company’s Linkedin Id: https://www.linkedin.com/company/quikr/

6. Housing.com

Housing.com is a real estate search portal that allows users to search properties based on geography, rooms, amenities, and other filters. It was founded by a group of 12 IIT-Bombay students in 2012. The Mumbai-based startup now serves 40 cities where users can look for various properties listed by individuals, landlords, and brokers.

  • Started in: 2012
  • Founders: Rahul Yadav, Ravish Naresh, Snehil Buxy, Rishabh Agrawal, Abhimanyu Dhamija, Neeraj Bhunwal, Jasprit Singh Saluja, Abhishek Anand, Sanat Ghosh, Vaibhav Toliya, Amrit Raj, Advitya Sharma
  • Industry: Real Estate
  • Number of employees: 1001-5000
  • Funding amount: $157M
  • Number of funding rounds: 8
  • Number of investors: 33
  • Company’s Linkedin Id: https://www.linkedin.com/company/housing-com/

7. Toppr

Toppr is an e-learning and test preparation platform for students preparing for various entrance exams in India like JEE, NEET, etc. It provides learning for 22 education boards, 58 different exams, and 17 subjects. The startup claims to have helped around 25 lakh students till now. It has acquired other ed-tech startups like Easyprep & Manch. However, Toppr was acquired by Byju’s in 2021.

  • Started in: 2013
  • Founders: Zishaan Hayath, Hemanth Goteti
  • Industry: Edu-tech
  • Number of employees: 501-1000
  • Funding amount: $116M
  • Number of funding rounds: 13
  • Number of investors: 27
  • Company’s Linkedin Id: https://www.linkedin.com/company/toppr-com/

8. Acko

Founded in 2016, Acko is a private-sector general insurance company. It follows an online-led model and hence all operations for the company are offered through the digital platform. It is India’s first digital-native insurer. Acko has partnered with several other startups including Amazon, Ola, Zomato, and Cred to provide insurance to their customers.

  • Started in: 2016
  • Founders: Varun Dua
  • Industry: Insurance tech
  • Number of employees: 501-1000
  • Funding amount: $458M
  • Number of funding rounds: 6
  • Number of investors: 21
  • Company’s Linkedin Id: https://www.linkedin.com/company/acko/

9. BabyChakra

BabyChakra is an online parenting platform for pregnancy and childcare. It provides various articles on pregnancy advice, baby shower ideas, food & healthcare for babies, baby names, and more. It also has an e-commerce portal for babies & maternal care products. It has a community of 1M+ moms. BabyChakra got acquired by The Good Glamm Group in August 2021.

  • Started in: 2017
  • Founders: Naiyya Saggi
  • Industry: Online parenting
  • Number of employees: 51-200
  • Funding amount: $4.18M
  • Number of funding rounds: 6
  • Number of investors: 55
  • Company’s Linkedin Id: https://www.linkedin.com/company/babychakra/

10. WebEngage

WebEngage is a B2B SaaS startup that offers solutions such as customer acquisition and retention, customer view, customer engagement, etc. It helps companies with engagement campaigns through multiple channels. The startup has clients across several industries E-Commerce, Edtech, Fintech, Foodtech, etc. It engages over 400M monthly active users.

  • Started in: 2011
  • Founders: Avlesh Singh, Ankit Utreja
  • Industry: B2B SaaS
  • Number of employees: 201-500
  • Funding amount: $31.5M
  • Number of funding rounds: 11
  • Number of investors: 45
  • Company’s Linkedin Id: https://www.linkedin.com/company/webengage/

11. Ketto

Ketto is an Online Crowdfunding Platform and Website in India for fundraising Social, Charity, Movies, Music, Personal and Creative causes. In its first year, Ketto raised INR 4.5 million for 18 campaigns. Since then, with over 2.5+ lakh fundraisers, it has raised over Rs.1100+ crores to date.

12. PharmEasy

Launched in 2015, PharmEasy is an e-pharmacy startup that sells medicines, diagnostics, and telehealth online. It helps patients connect with local pharmacy stores and diagnostic centers to fulfill their extensive medical needs. PharmEasy delivers medicines in 1000+ cities in India and also provides diagnostic test services across multiple cities.

  • Started in: 2015
  • Founders: Dharmil Sheth, Dhaval Shah
  • Industry: Health tech
  • Number of employees: 1001-5000
  • Funding amount: $1.12B
  • Number of funding rounds: 16
  • Number of investors: 126
  • Company’s Linkedin Id: https://www.linkedin.com/company/pharmeasy/

13. Nykaa

Nykaa is an e-commerce company, founded by Falguni Nayar, that sells beauty, wellness, and fashion products. It is the first Indian unicorn startup founded by a woman. Nykaa has a collection of over 2500+ brands and 5 lakh+ products. Starting in 2012, the company went public in November 2021.

  • Started in: 2012
  • Founders: Falguni Nayar
  • Industry: Ecommerce
  • Number of employees: 1001-5000
  • Funding amount: $148.5M
  • Number of funding rounds:
  • Number of investors: 137
  • Company’s Linkedin Id: https://www.linkedin.com/company/nykaa-com/

14. Dream11

Dream11 is India’s biggest sports gaming platform that allows users to play fantasy sports like cricket, football, hockey, etc. It was founded by Harsh Jain & Bhavit Sheth in 2008. In 2019, Dream11 became the first Indian gaming company to become a unicorn. The app has 1000+ daily contests and over 13 crore daily users.

  • Started in: 2008
  • Founders: Harsh Jain, Bhavit Sheth
  • Industry: Gaming
  • Number of employees: 501-1000
  • Funding amount: $100M
  • Number of funding rounds: 3
  • Number of investors: 5
  • Company’s Linkedin Id: https://www.linkedin.com/company/dream11/

15. Haptik

Haptik develops technology that enables enterprises to build conversational AI systems across 20 channels in 100+ languages. Founded in 2013 by Aakrit Vaish and Swapan Rajdev, Haptik launched its first product in 2014, which was a chat-based personal assistant. In 2019, Reliance Jio bought 87% stakes in the company for $100M.

Leading brands like HP, Whirlpool, and Unilever use Haptik for chatbots. In 2020, Haptik also built a Whatsapp chatbot for the government of India to spread awareness about the covid virus.

  • Started in: 2013
  • Founders: Aakrit Vaish, Swapan Rajdev
  • Industry: B2B SaaS
  • Number of employees: 201-500
  • Funding amount: $12.2M
  • Number of funding rounds: 2
  • Number of investors: 2
  • Company’s Linkedin Id: https://www.linkedin.com/company/haptik-inc/

16. Clevertap

Clevertap is a B2B SaaS startup that allows brands to increase customer retention & lifetime value. It was founded by three colleagues from Network 18 - Sunil Thomas, Suresh Kondamudi, and Anand Jain in 2013. Today, it provides services to over 4000 clients.

  • Started in: 2013
  • Founders: Sunil Thomas, Suresh Kondamudi, Anand Jain
  • Industry: B2B SaaS
  • Number of employees: 501-1000
  • Funding amount: $182M
  • Number of funding rounds: 8
  • Number of investors: 7
  • Company’s Linkedin Id: https://www.linkedin.com/company/clevertap/

17. Box8

Box8 was started by two IIT graduates to serve Indian meals in easy-to-carry boxes. The startup works with the principles of serving warm and fresh meals with superfast deliveries and a high focus on customer support. It has over 22,000+ orders every day across its 100+ outlets in Mumbai, Pune, Bangalore, & Gurgaon.

18. BrowserStack

BrowserStack is a software testing platform that allows developers to test their software and mobile applications. It has over 2 million registered developers from 135 different countries. BrowserStack helps Shell, NVIDIA, Discovery, and 55000 other customers with software tests.

  • Started in: 2011
  • Founders: Ritesh Arora, Nakul Aggarwal
  • Industry: SaaS
  • Number of employees: 501-1000
  • Funding amount: $251M
  • Number of funding rounds: 5
  • Number of investors: 17
  • Company’s Linkedin Id: https://www.linkedin.com/company/browserstack/

19. UpGrad

UpGrad is India’s one of largest online higher education providing companies. It offers programs in Data Science, Technology, Management & Law to students and working professionals, where programs are in collaboration with top universities like IIT Madras, NMIMS, etc. Till now, upGrad has onboarded over 40,000 paid learners and has acquired 14 different organizations.

  • Started in: 2015
  • Founders: Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, Ravijot Chugh
  • Industry: Ed-tech
  • Number of employees: 10,001+
  • Funding amount: $631.8M
  • Number of funding rounds: 6
  • Number of investors: 17
  • Company’s Linkedin Id: https://www.linkedin.com/company/ueducation/

20. InCred

InCred is a new-age financial services group that lends personal loans, educational loans, SME business loans, and digital MSME loans. It was founded by the ex-head of the Corporate Finance division of Deutsche Bank, Bhupinder Singh. The company has partnered with startups like Amazon, Zomato, and others to provide credit quickly.

21. Turtlemint

Founded in 2015, Turtlemint is an online platform that makes insurance buying easier. It makes insurance understanding simpler and provides smart tools to make the right choice. The startup offers car, bike, health, and term life insurance. It has over 35 lakh+ customers and 45+ insurance partners.

  • Started in: 2015
  • Founders: Dhirendra Mahyavanshi
  • Industry: Fintech
  • Number of employees: 1001-5000
  • Funding amount: $250M
  • Number of funding rounds: 11
  • Number of investors: 20
  • Company’s Linkedin Id: https://www.linkedin.com/company/turtlemint/

22. CoinDCX

CoinDCX is a crypto investment app that provides users with single-point access to multiple crypto-based financial products. It was founded by Sumit Gupta and Neeraj Khandelwal in 2018. CoinDCX has over 1.3+ crore users on its platform. People can invest in Bitcoin, Ethereum, & other 200+ crypto assets through CoinDCX.

  • Started in: 2018
  • Founders: Sumit Gupta, Neeraj Khandelwal
  • Industry: Crypto
  • Number of employees: 501-1000
  • Funding amount: $247M
  • Number of funding rounds: 6
  • Number of investors: 36
  • Company’s Linkedin Id: https://www.linkedin.com/company/coindcx/

23. Faasos

Faasos is an Indian "food on demand" service that was founded in 2004. The company operates ghost kitchens in 35 cities in India. Faasos was founded by Jaydeep Barman and Kallol Banerjee in 2004 and is owned by the online restaurant company, Rebel Foods.

  • Started in: 2004
  • Founders: Jaydeep Barman, Kallol Banerjee
  • Industry: Food tech
  • Number of employees: 1001-5000
  • Funding amount: $76.4M
  • Number of funding rounds: 6
  • Number of investors: 10
  • Company’s Linkedin Id: https://www.linkedin.com/showcase/faasos/

24. Kissht

Kissht is an online platform that offers instant credit to consumers. It has partnered with non-banking financial institutions and created an ecosystem to facilitate easy loans. Kissht has networked with 3000+ offline merchants and 50+ online stores and has over 3.5M+ customers.

  • Started in: 2015
  • Founders: Krishnan Viswanathan
  • Industry: Fintech
  • Number of employees: 201-500
  • Funding amount: $131M
  • Number of funding rounds: 8
  • Number of investors: 34
  • Company’s Linkedin Id: https://www.linkedin.com/company/kissht/

25. Cleartrip

Launched in 2006, Cleartrip is an online travel company for booking flights, train tickets, and hotel reservations. It was founded by Stuart Crighton, Hrush Bhatt, and Matthew Spacie. Cleartrip offers services in India & Middle East countries. In April 2021, Flipkart acquired 100% of Cleartrip’s shareholding, and subsequently, Adani Enterprises acquired a 20% stake in Cleartrip in October 2021.

  • Started in: 2006
  • Founders: Stuart Crighton, Hrush Bhatt, Matthew Spacie
  • Industry: Travel
  • Number of employees: 501-1000
  • Funding amount: $69.5M
  • Number of funding rounds: 6
  • Number of investors: 10
  • Company’s Linkedin Id: https://www.linkedin.com/company/cleartrip/

26. ImpactGuru

ImpactGuru is a crowdfunding platform that empowers individuals, NGOs, and social enterprises to raise funds for medical emergencies, personal needs, creative projects, or any social cause.

It was incubated at Harvard Innovation Lab, USA in 2014. Over 20,000 patients have benefited from 2 lakh donors with ImpactGuru. Also, over Rs, 150 crores have been mobilized across 15 countries through the platform.

  • Started in: 2014
  • Founders: Piyush Jain, Khushboo Jain
  • Industry: Crowdfunding
  • Number of employees: 501-1000
  • Funding amount: $15.1M
  • Number of funding rounds: 7
  • Number of investors: 65
  • Company’s Linkedin Id: https://www.linkedin.com/company/impact-guru/

27. Monk Entertainment

Monk Entertainment or Monk-E is a digital media organization that works with influencers and manages their marketing. Monk-E brings together Talent Management, Video Production, Social Media Management, and Influencer Marketing under one roof.

Founded in 2017 by the popular Youtuber Ranveer Allahabadia and Viraj Seth, Monk-E is a bootstrapped startup. The startup has partnered with various YouTubers like BeYouNick, Flying Beast, Mumbaikar Nikhil, and others.

28. Apna

Founded in 2019, Apna is an online job portal for blue and gray-collar professionals. It claims to have 2 lakh employers and over 2 crore users. Currently present in 74 cities, Apna helps many companies like Zomato, 1MG, Burger King, etc. to hire the right candidates. It has also partnered with various public organizations.

  • Started in: 2019
  • Founders: Nirmit Parikh
  • Industry: Job portal
  • Number of employees: 501-1000
  • Funding amount: $194M.
  • Number of funding rounds: 5
  • Number of investors: 11
  • Company’s Linkedin Id: https://www.linkedin.com/company/apnahq/

29. MyGlamm

MyGlamm is a DTC beauty brand that sells cosmetics and personal care products. It is owned by The Good Glamm Group. Founded in 2015, MyGlamm became the first Indian unicorn in the DTC beauty and personal care business. The online platform has 60 million monthly users, whereas it has also over 20,000 offline points of sales across 100 cities in India.

  • Started in: 2015
  • Founders: Priyanka Gill, Darpan Sanghvi, Naiyya Saggi
  • Industry: Beauty & personal care
  • Number of employees: 501-1000
  • Funding amount: $3119.M
  • Number of funding rounds:
  • Number of investors: 19
  • Company’s Linkedin Id: https://www.linkedin.com/company/myglamm/

30. Upstox

Upstox is a brokerage firm that allows users app-based investing and trading in stocks. The fintech startup offers users to buy, sell, and trade stocks, commodities, securities, and mutual funds. It was founded by Shrini Viswanath, Ravi Kumar, and Kavitha Subramanian in 2009. Now it has over 1 crore happy investors and a turnover of over INR 60k crores.

  • Started in: 2009
  • Founders: Shrini Viswanath, Ravi Kumar, and Kavitha Subramanian
  • Industry: Fintech
  • Number of employees: 201-500
  • Funding amount: $218M
  • Number of funding rounds: 7
  • Number of investors: 22
  • Company’s Linkedin Id: https://www.linkedin.com/company/upstox/

31. Sugar Cosmetics

Kaushik Mukherjee and Vineeta Singh founded the premium cosmetics brand - Sugar Cosmetics in 2015. The brand offers products across the Lips, Eyes, Face, and Nail categories. Sugar Cosmetics has been expanding its business with 30,000+ retail stores by 2022 across 130+ cities. The products offered by the brand are manufactured in Germany, Italy, India, USA, and Korea.

  • Started in: 2015
  • Founders: Kaushik Mukherjee, Vineeta Singh
  • Industry: Beauty & personal care
  • Number of employees: 201-500
  • Funding amount: $80.8M
  • Number of funding rounds: 6
  • Number of investors: 9
  • Company’s Linkedin Id: https://www.linkedin.com/company/sugar-cosmetics/

32. Pepper Content

Pepper is a powerful content marketing platform that helps you create high-quality content at speed and scale. For businesses, it analyzes the client's needs, covers the process of publishing, and offers blog posts, web pages, social media content, articles & press releases, etc. It also provides services to individuals. Over 2500 brands rely on Pepper for their content requirements.

33. Jupiter

Jupiter is a neobank that offers a digital banking experience to users. It was founded by Jitendra Gupta in 2019. Jupiter provides services such as money transfers, cash withdrawals, savings accounts, NFC-enabled prepaid cards, and more.

34. Freecharge

Freecharge provides digital wallets which can be used to pay bills such as electricity, gas, and telephone, as well as recharge mobile, broadband, etc. It also allows users to invest in mutual funds and get credit through Freecharge EMI. Freecharge was founded by Kunal Shah and Sandeep Tandon in 2010, however, it was acquired by Snapdeal in 2015 for approximately $400 million.

  • Started in: 2015
  • Founders: Kunal Shah, Sandeep Tandon
  • Industry: Fintech
  • Number of employees: 201-500
  • Funding amount: $117M
  • Number of funding rounds: 5
  • Number of investors: 8
  • Company’s Linkedin Id: https://www.linkedin.com/company/freecharge-in/

35. LIDO

LIDO is an ed-tech startup that provides live online classes to students. The online classes are available for students from class KG to 10th for the subjects like Maths, Science, English, and also Coding. There are also other features like self-paced lessons, personalized practice, quizzes, games, customized tests, and more.

36. Oziva

Oziva is a DTC brand that provides plant-based organic nutrition products. It offers products for exercise, hair, skin, men's and women's health, and general wellness. It also claims to be the first omnichannel nutrition brand where people can pick up a product from anywhere and consult a human expert digitally.

  • Started in: 2016
  • Founders: Aarti Gill
  • Industry: Nutrition
  • Number of employees: 11-50
  • Funding amount: $17M
  • Number of funding rounds: 2
  • Number of investors: 4
  • Company’s Linkedin Id: https://www.linkedin.com/company/oziva/

37. Testbook

Testbook is a multinational educational startup that provides live tutoring, mock tests, and other educational resources for exams like SSC, banking, engineering, medical, and more. It was started by Ashutosh Kumar in 2013. The startup has around 4 crores, of active users.

38. mCaffeine

mCaffeine is a DTC brand that offers organic beauty products for body care, skincare, hair care, and more. It was founded by Tarun Sharam and Vikas Lakshmana in 2016. It is India’s first caffeine-infused beauty brand.

  • Started in: 2015
  • Founders: Tarun Sharma, Vikas Lachhwani
  • Industry: Beauty and personal care
  • Number of employees: 501-1000
  • Funding amount: $45.6M
  • Number of funding rounds: 8
  • Number of investors: 88
  • Company’s Linkedin Id: https://www.linkedin.com/company/mcaffeine/

39. TVF

The Viral Fever, also known as TVF, is an OTT streaming platform and youtube channel which was started in 2010. It was started by a group of IITians to make funny videos, and now has over 20+ web series on Youtube and other platforms.

40. Epigamia

A new-age FMCG company, Epigamia is an all-natural Greek yogurt brand. Over the past few years, the company has also started offering Artisanal Curd, smoothies, milkshakes, Lactose-free ranges, and Plant-based ranges. The company aims to promote itself as a brand with an Indian DNA but capable of matching global products

41. SugarBox

SugarBox, co-founded by Rohit Paranjpe and Ripunjay Bararia in 2016 is a Wi-Fi network that installs Edge servers at places where users are present and prone to access digital services (POIs). The startup uses a patented Hyperlocal Edge Cloud-based technology. SugarBox zones are set up across transport, hospitality, retail, healthcare, and even public places.

42. PaySense

PaySense is a fintech startup that offers consumer loans. It provides unsecured personal financing, auto loans, and home improvement loans with flexible interest rates, terms, and repayment options. The startup has disbursed loans to over 2,50,000+ customers.

  • Started in: 2015
  • Founders: Prashanth Ranganathan
  • Industry: Fintech
  • Number of employees: 51-200
  • Funding amount: $185M
  • Number of funding rounds: 4
  • Number of investors: 14
  • Company’s Linkedin Id: https://www.linkedin.com/company/paysense/

43. Bombay Hemp Company

Bombay Hemp Company, also known as BOHECO, is a social enterprise that supports industrial hemp. BOHECO produces and distributes cannabis products. It offers hemp oils, hemp fabrics, handlooms, and hemp-infused food products. It is engaged in research, development, contractual farming, processing, and distribution of hemp products.

  • Started in: 2013
  • Founders: Avnish Pandya, Chirag Tekchandaney, Delzaad Deolaliwala, Jahan Peston Jamas, Sanvar Oberoi, Sumit Shah, Yash Kotak
  • Industry: Agritech
  • Number of employees: 11-50
  • Funding amount: $5.53M
  • Number of funding rounds: 7
  • Number of investors: 26
  • Company’s Linkedin Id: https://www.linkedin.com/company/bombay-hemp-company/

44. Bombay Shirt Company

Bombay Shirt Company is a DTC apparel brand. Users can select and customize the shirts according to their requirements. It is India's first online tailored shirt company. The company has shipped over 1 million shirts as of now.

45. SARVA

SARVA is an online yoga and fitness training startup. The platform offers video-based yoga, guided meditations, sleep stories, live workouts, mindfulness audios, and more. It offers yoga sessions for weight loss, fitness, health management, headaches, and more. The startup has 92 studios across 32 cities in India.

46. KiranaKart

KiranaKart is an online grocery delivery startup backed by Y-combinator. The startup was founded by 18-year-old Stanford students — Kaivalya Vohra and Aadit Palicha. They provide grocery delivery services to customers with less than 1 hr of delivery from local Kirana stores.

  • Started in: 2020
  • Founders: Kaivalya Vohra, Aadit Palicha
  • Industry: E-commerce
  • Number of employees: 2-10
  • Funding amount: $854K
  • Number of funding rounds: 2
  • Number of investors: 4
  • Company’s Linkedin Id: https://www.linkedin.com/company/kiranakart/

47. Mswipe

Mswipe offers payment processing solutions to businesses. It offers products such as hardware-based POS terminals, QR-based payment solutions, link-based payment solutions, and more. The company also provides instant digital loans to merchants.

  • Started in: 2011
  • Founders: Manish Patel
  • Industry: Fintech
  • Number of employees: 1001-5000
  • Funding amount: $106M
  • Number of funding rounds: 9
  • Number of investors: 24
  • Company’s Linkedin Id: https://www.linkedin.com/company/mswipe/

48. Fynd

Fynd is an e-commerce company offering multi-category products. It provides an omnichannel, online-to-online platform for fashion retailers by sourcing products and getting their inventory on its online marketplace. In 2019, Reliance Industries (RIL) announced that it has acquired an 87.6% stake in Fynd.

  • Started in: 2012
  • Founders: Farooq Adam, Harsh Shah, Sreeraman MG
  • Industry: E-commerce
  • Number of employees: 1001-5000
  • Funding amount: $17.4M
  • Number of funding rounds: 7
  • Number of investors: 85
  • Company’s Linkedin Id: https://www.linkedin.com/company/fynd-shopsense/

49. Skillmatics

Skillmatics is a DTC brand that develops innovative educational products and games that build core skills in children. It was founded by Dhavnil Sheth in 2016. Skillmatics has sold 5 million units globally to date.

50. Coolberg

Coolberg Beverages Pvt Ltd is a startup that makes non-alcoholic drinks. It was founded by Pankaj Aswani in 2016. Coolberg currently sells not just in India, but also in Africa, Bhutan, the Maldives, Nepal, and other nations.

  • Started in: 2016
  • Founders: Pankaj Aswani
  • Industry: Food & Beverage
  • Number of employees: 201-500
  • Funding amount: $5.49M
  • Number of funding rounds: 3
  • Number of investors: 62
  • Company’s Linkedin Id: https://www.linkedin.com/company/coolberg/

Conclusion

There is no denying the fact that there are numerous startups in India trying to find their way around and make it big and Mumbai has been at the forefront of the startup ecosystem along with Bengaluru, Delhi, and Chennai.

With young entrepreneurs venturing out on their own and established companies moving into the space, it's clear that startup life is flourishing across India.