Top 10 Startups From Mumbai In 2024

Top 10 Startups From Mumbai In 2024

 

Numerous startups are emerging in Mumbai every day, but many falter due to a lack of learning from successful companies that have managed to thrive. We've just compiled a list of 155 well-known and rapidly growing Mumbai-based companies that have impressed investors.

  1. Apna:
  • Description: Apna is a professional networking and job-search platform that caters to blue- and gray-collar professionals, connecting them with relevant job opportunities and like-minded individuals.
  • Founding Year: Established in 2019 by Nirmit Parikh.
  • Industry: Specializes in Employment, Human Resources, Recruiting, and Staffing Agency services.
  • Size: Currently employs 101-250 individuals.
  • Funding: Has raised $93,450,000 across 4 funding rounds from notable investors like Sequoia Capital India, Greenoaks Capital, and Tiger Global Management.
  • Website: Apna

2.UpGrad:

  • Description: UpGrad is an online platform offering courses in various fields such as Data Science, Technology, Management, and Law, providing accessible higher education opportunities.
  • Founding Year: Established in 2015 by Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, and Ronnie Screwvala.
  • Industry: Focuses on E-Learning, EdTech, and Education.
  • Size: Employs a significant workforce of 1001-5000 individuals.
  • Funding: Has secured $176,283,446 in funding from investors including Temasek Holdings, International Finance Corporation, and Unilazer Ventures.
  • Website: UpGrad

    3.Skillmatics:
  • Creates educational games for children in preschool and primary school.

    4.Reliance Jio:
  • Description: Reliance Jio is a telecommunications company known for providing high-speed mobile internet connections across India, revolutionizing the digital landscape.
  • Founding Year: Established in 2010 by Mukesh Ambani.
  • Industry: Operates in Apps, Information Services, Internet, and Telecommunications sectors.
  • Size: Employs a large workforce of over 10,000 individuals.
  • Funding: Remarkably, it has raised a staggering $24,767,620,475 from 35 investors, including Citi, Facebook, and Google.
  • Website: Reliance Jio

    5.Kodo:
  • Description: Kodo is a fintech startup that focuses on small businesses' corporate card and B2B payments needs.
  • Founding Year: 2019
  • Founders: Deepti Sanghi, Gaurav Thapa
  • Industry: B2B, Financial Services, FinTech, Small and Medium Businesses
  • Number of Employees: 11-50
  • Funding: $8,736,466
  • Funding Rounds: 2
  • Number of Investors: 5
  • Key Investors: Brex, Y Combinator, Pioneer Fund, Goat Capital, Blaine Vess
  • Website: Kodo

    6.Reliance Retail:

     
  • Description: Reliance Retail operates a chain of local stores, supermarkets, and wholesale/specialty stores, as well as an online store.
  • Founding Year: 2006
  • Founders: Mukesh Ambani
  • Industry: Consumer Goods, Grocery, Retail
  • Number of Employees: 10001+
  • Funding: $6,419,310,306
  • Funding Rounds: 6
  • Number of Investors: 8
  • Key Investors: Silver Lake, General Atlantic, GIC, Saudi Arabia's Public Investment Fund, TPG
  • Website: Reliance Retail

    7.Jai Kisan:
  • Description: Jai Kisan is a finance platform that serves rural emerging markets with long-term funding.
  • Founding Year: 2017
  • Founders: Adriel Maniego, Arjun Ahluwalia
  • Industry: Agriculture, AgTech, Financial Services, FinTech
  • Number of Employees: 11-50
  • Funding: $35,400,000
  • Funding Rounds: 5
  • Number of Investors: 18
  • Key Investors: BlackSoil, Blume Ventures, Stride Ventures, Better Capital, Mirae Asset Venture Investment
  • Website: Jai Kisan

    8.Toppr:
  • Description: Toppr is an after-school learning software that offers assistance for admission exams and learning courses.
  • Founding Year: 2013
  • Founders: Hemanth Goteti, Zishaan Hayath
  • Industry: E-Learning, EdTech, Education
  • Number of Employees: 1001-5000
  • Funding: $112,087,670
  • Funding Rounds: 11
  • Number of Investors: 14
  • Key Investors: InnoVen Capital, SAIF Partners, Eight Roads Ventures, Alteria Capital, Helion Venture Partners
  • Website: Toppr

    9.MyGlamm:
  • Description: MyGlamm is a direct-to-consumer beauty firm that connects stylists, beauticians, nail technicians, and spa aestheticians with customers.
  • Founding Year: 2015
  • Founders: Darpan Sanghvi, Priyanka Gill
  • Industry: Beauty, Marketplace, Mobile Apps
  • Number of Employees: 101-250
  • Funding: $56,035,717
  • Funding Rounds: 8
  • Number of Investors: 14
  • Key Investors: Bessemer Venture Partners, Amazon, Kalaari Capital, Trifecta Capital Advisors, Brand Capital
  • Website: MyGlamm

    10.CarTrade:
  • Description: CarTrade.com is India's premier online automotive marketplace for new and used vehicle buyers and sellers.
  • Founding Year: 2009
  • Founders: Vinay Sanghi
  • Industry: Auctions, Automotive, E-Commerce, Marketplace
  • Number of Employees: 1001-5000
  • Funding: $307,351,129
  • Funding Rounds: 8
  • Number of Investors: 9
  • Key Investors: Canaan Partners, Temasek Holdings, Tiger Global Management, March Capital, Warburg Pincus
  • Website: CarTrade

These startups span various industries, from education and finance to telecommunications and e-commerce, contributing to Mumbai's vibrant entrepreneurial ecosystem.