The state of Maharashtra contributes substantially to India’s GDP thanks to its strong industrial base, skilled workforce and diverse business sector. Its capital city Mumbai is known as India’s financial and commercial hub, boasting an expansive urban economy and a lively startup ecosystem.
Home to over 100,000 government-supported startup companies, Mumbai is one of the largest startup hubs in the world. Entrepreneurs in the city are developing new-age solutions within various industries, mainly in areas like fintech, edtech, healthtech and e-commerce. The widespread availability of affordable internet and Mumbai’s youthful workforce have yielded products leveraging modern technologies like AI, blockchain and IoT.
Startups in Mumbai receive ample support from incubators, accelerators and mentoring networks as they work to develop the solutions of the future. Learn more about some of the homegrown businesses making their mark on the city’s tech scene, and the innovators leveraging Mumbai’s vibrant business sector to expand their operations.
Mumbai Startups
- Tech Brains Solutions
- fitpage
- Fundly.ai
- Airbots Aerospace
- SPORTZCHAIN
- Elixia
- Tiesta
Startups in Mumbai to Know
Cub McPaws operates an e-commerce marketplace platform for children’s clothing. The brand designs clothes intended to make wearers feel comfortable while delivering modern and chic fashion. Cub McPaws’ online platform is intended to streamline children’s clothes shopping for parents and children, aiming to foster a bonding experience over shared learnings.
AlgoSurg is a company building AI solutions for various applications in modern surgery, such as robotics surgeries, AR-based navigation and training, cloud-based 3D surgery planning and automatic patient-specific instrument and implant design. Its projects include solutions for maxillofacial surgeries, heart structural procedures, bone tumor surgeries and more.
Zeron is a company offering a cyber risk posture management platform that helps organizations manage and mitigate cybersecurity risks ahead of time. The analytics platform automates compliance requirements and offers organizations a comprehensive view of their cybersecurity posture. Zeron’s goal is to help businesses maintain high security while also remaining compliant with industry regulations.
The Designer’s Class is a digital education platform aiming to make design education accessible and affordable. Its platform features recorded lessons and various supplementary resources. It allows users to learn directly from designers in industries including fashion, photography, interior design and jewelry.
PatilKaki is a snack brand that sends handmade snacks to customers across India. Its online marketplace features a variety of traditional, healthy, specialty snacks and more, such as ukadiche modak dumpligs, puranpoli flatbread and bhajani-chakli, a dish made with rice and lentils. The company provides savory and sweet snacks made without added preservatives or flavorings.
Tamasha is a gaming studio developing an interactive entertainment platform in the real money gaming space. The company works to incorporate live social experiences into its games, allowing players to join and start clubs, enter audio rooms, play with friends and earn rewards. Its mobile game titles include Skill Ludo, Skill Tambola and T23.
Ivory is a healthtech solution serving older adults. The company works to improve the aging experience by nurturing sharper minds through neuroscience-backed assessments, calibrated brain games and counselor consultations. It also promotes healthier lifestyle adjustments by providing personalized recommendations to change modifiable risk factors.
Tech Brains Solutions is a software developer that provides businesses with services like tech integration, app and platform development as well as cloud enablement. The company’s client base includes Fortune 500 enterprises across healthcare, adtech and e-commerce, and it works to help them implement new technologies like AI and blockchain.
Drona Pay provides data analytics solutions for the banking, financial services and insurance sectors. The company develops risk and compliance solutions for monitoring transactions and behavioral biometrics, integrating data and preventing fraud, as well as improving regulatory reporting and claims decision-making. Drona Pay’s technology leverages machine learning to protect and secure digital transactions at scale.
Fundly.ai provides financing solutions to small businesses in the healthcare sector. The fintech company is working to develop a central platform that combines supply chain with micro, small and medium-sized enterprise finance. It aims to service the pharmaceutical distribution tail, specialty players and brands with its short-term credit offerings.
Elixia is a delivery orchestration platform offering logistics visibility tools for shippers and carriers. Its SaaS solution also provides end-to-end control over the transportation of goods across an organization’s supply chain. Elixia helps digitally manage shipments until they reach their destination, including dispatch planning, execution, real-time tracking and billing.
SPORTZCHAIN operates an engagement platform for sports fans powered by its digital currency $SPN. Its solution allows sports teams to offer a branded token that helps them engage with fans, enabling fans to earn access to rewards like VIP privileges and experiences. Fans can also buy and sell these sports tokens on the SPORTZCHAIN platform.
Tiesta is an e-commerce platform focusing on luxury footwear. The company is a high-end brand with products suitable for various foot shapes and sizes as well as occasions like weddings, parties, formal events and more. Its platform has catered to more than 10,000 clients since its inception in 2016.
Ofin Legal helps small and medium-sized businesses leverage custom made solutions to manage their accounting requirements. It provides services for starting new businesses, registering intellectual property rights, maintaining compliance and more. Having served hundreds of businesses so far, Ofin’s goal is to make it easier for owners to affordably set up new businesses and manage various government compliances.
BlueIris is a digital marketing agency that develops digital strategies for brands to help them succeed online. Its services include SEO optimization, social media campaigns, web design and development, advertising and more. BlueIris helps brands engage authentically with target audiences and maximize visibility, engagement and ROI.
ShujaBITS creates digital products for small and medium enterprise businesses. Its IT offerings leverage Microsoft’s technology stack, Android and iOS systems and cloud platforms like Windows Azure and Amazon AWS. ShujaBITS specializes in web and mobile development, user interface and experience design, and quality assurance testing.
Arya.ai provides banks, insurers and financial services companies with a cloud platform that works to help them streamline AI adoption and drive informed decisions at scale. The company offers AI tools to help businesses drive innovation, optimize processes and create more value for customers.
Health and wellness platform fitpage offers a content platform for fitness enthusiasts. Its infinite scroll solution features curated videos that inform users about the science, application and trends surrounding multiple health and fitness concepts. Its goal is to help users learn and improve their eating, workout and lifestyle habits.
Airbots Aerospace is an agriculture industry innovator that develops drone-powered solutions to help farmers with tasks including crop monitoring, pesticide and nutrient spraying, treatment planning, precision farming and scouting. It aims to help its customers optimize healthy harvests by providing SmartDrones and services at an affordable price.
Paras Aerospace develops hardware and software solutions for UAVs, or uncrewed aerial vehicles. The company specializes in areas including aerial mapping and surveying, and it provides complete UAV integration services. Its technology has use cases in verticals including military and industrial UAV, indigenous payload development, drone detection systems, regulatory compliance products and agriculture.
