TOP 10 STARTUPS IN MUMBAI IN 2024
Mumbai, the so called financial capital of India is a hub of startups. The dynamic ecosystem helps start ups grow in Mumbai. According to StartupBlink, there are around 1,044 Mumbai based startups and represents around 13% of India’s startups. The ecosystem of Mumbai plays a very important role in India’s Startup ecosystem scene. Let us discuss about the top 10 Startups in Mumbai in 2024 in this blog:
- Skillmatics: The startup deals in toys and games of children of all ages. The details are as follows:
- Founded in: 2016
- Founders: Devanshi Kejriwal and Dhvanil Sheth
- Industries: Children, Education
- Number of Employees: 11-50
- Funding: $7,419,353 across 2 funding rounds
- Key Investors: Sequoia Capital India and Jalaj Dani Family Office
2. Apna: Apna is a job search platform that helps you look for National as well as International Jobs. This startup can be ranked as one of the Top 10 Startups in Mumbai in 2024.
- Founded: 2019
- Founder: Nirmit Parikh.
- Industry: Apna primarily caters to blue- and gray-collar professionals.
- Employees: The company now has around 1,000 employees.
- Funding: Apna has raised over $193.5 million in funding across multiple rounds.
- Investors: Sequoia Capital India, Greenoaks Capital, Tiger Global Management, Insight Partners, and Rocketship.vc.
3. Pharmeasy: Among the top 10 startups in Mumbai in 2024, Pharmeasy can also be a good lisitng. It is basically a healthcare tech platform that provides teleconsultation and online delivery services that is still not available in tier 3 cities of India. PharmEasy is a health-tech firm that provides teleconsultation, medicine delivery, and diagnostic test sample collecting, among other services.
- Started in: 2015
- Founders: Dharmil Sheth, Dhaval Shah, Mikhil Innani
- Industries: Health Care, Health Diagnostics, Pharmaceutical, Wellness
- Number of employees: 501-1000
- Funding: $671,538,857
- Number of investors: 26 (Bessemer Venture Partners, Temasek Holdings, etc.)
4. OneAssist: The Mumbai based Startup focusses on offering protection plans for mobile phones, gadgets, and appliances, providing users with services such as repairs and replacements.
- Founded in: 2011
- Founders: Gagan Maini, Subrat Pani
- Industries: Consumer electronics insurance and protection services
- Number of Employees: 295 as of 2024
- Funding: $53.1 million
- Funding Rounds: 12
- Number of Investors: 12 (notable investors include Sequoia Capital, Lightspeed Venture etc.)Top of Form
5. Invideo: InVideo offers a powerful platform for users to create professional videos effortlessly, catering to individuals, businesses, and social media influencers.
- Founded: 2017
- Founders: Sanket Shah, Harshvardhan Karnik, and Pankit Chheda
- Industries: SaaS, Video Production
- Number of Employees: 200-300
- Funding: $20.5 million
- Investors: Sequoia Capital India, Tiger Global Management, Hummingbird Ventures
6. OneCard: OneCard is a fintech startup that provides a mobile-first credit card experience with seamless control over card transactions, rewards, and security.
- Founded: 2019
- Founders: Anurag Sinha, Rupesh Kumar, Vibhav Hathi
- Industries: Fintech, Credit Cards
- Number of Employees: 250-500
- Funding: $225 million
- Investors: Sequoia Capital India, Temasek Holdings, QED Investors, Matrix Partners
7. Bizongo: Bizongo is a B2B platform providing a comprehensive solution for all packaging needs, from procurement to design to production. You can bring the vendors online here and integrate them with their supply needs.
- Founded: 2015
- Founders: Aniket Deb, Ankit Tomar, and Sachin Agrawal
- Industries: B2B, Packaging
- Number of Employees: 500+
- Funding: $144 million
- Investors: B Capital Group, Accel, Chiratae Ventures
8. BabyChakra: BabyChakra is a parenting and childcare platform offering expert advice, community support, and curated products for parents and babies.
- Founded: 2015
- Founder: Naiyya Saggi
- Industries: Health, Parenting, E-commerce
- Number of Employees: 50-100
- Funding: $13 million
- Investors: Sharrp Ventures, Mark Cuban, Facebook (through She Leads Tech)
9. Testbook.com: This website helps prepare students for the government exams. This can be ranked among top 10 Startups of Mumbai in 2024.
- Started in: 2013
- Founders: Abhishek Sagar, Ashutosh Kumar, Manoj Munna, Narendra Agrawal, Yadvendar Champawat
- Industries: E-Learning, EdTech, Education
- Number of employees: 101-250
- Funding: $12,550,000
- Funding rounds: 5
- Number of investors: 10 (LetsVenture, Matrix Partners India, Better Capital, ah! Ventures, Singapore Angel Network)
10. Upgrad: This platform offer courses related to higher studies like data science. The details of the startup are mentioned below:
- Started in: 2015
- Founders: Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, Ronnie Screwvala
- Industries: E-Learning, EdTech, Education
- Number of employees: 1001-5000
- Funding: $176,283,446
- Funding rounds: 4
- Number of investors: 4 (Temasek Holdings, International Finance Corporation, IIFL Asset Management, Unilazer Ventures)
Above, you can read about the top 10 startups in Mumbai to look out for in 2024.
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