Best Startups in Mumbai for 2025

Mumbai is the financial capital of India has emerged as a dynamic hub for startups, driven by its strategic location, access to capital and a diverse talent pool. The city is home to a wide range of startups across sectors such as fintech, edtech, healthtech, e-commerce, entertainment and logistics. Its vibrant ecosystem includes numerous co-working spaces, incubators and accelerators all fostering innovation and growth. 

Mumbai’s strong financial infrastructure and proximity to investors provide startups with ample funding opportunities while its talent pool drawn from top universities and colleges, supports the development of skilled professionals in various fields. Additionally, government initiatives and private organizations offer mentorship, policy support and funding further boosting the startup landscape. Despite challenges like high operational costs and regulatory complexities Mumbai continues to thrive as a leading startup destination offering new businesses an environment rich in opportunities and resources.

Top Startups in Mumbai for 2025

Explore the top startups in Mumbai for 2025. That are driving innovation and transforming industries. Discover the most promising companies leading the entrepreneurial wave in India's financial capital.

Pharmeasy

PharmEasy is an online pharmacy and healthcare company in India that offers a variety of services. It is a "super app" that allows customers to easily order prescription and over-the-counter medicines, healthcare products, book diagnostic tests, and access teleconsultations, all delivered to their homes. PharmEasy also sells pharmaceutical products and provides services like product delivery, renting software and hardware offering storage and earning commissions by helping people book diagnostic tests. 

The company mission is to make healthcare affordable and accessible to everyone. They offer discounts on medicines, healthcare products and diagnostic tests while ensuring high-quality standards for their partner retailers.

MCaffeine

mCaffeine is a personal care brand that offers skincare and haircare products with caffeine. It is India’s first caffeinated personal care brand. All of mCaffeine's products are made with caffeine and natural ingredients. They are cruelty-free, vegan, and free from parabens. 

mCaffeine's products are also Made Safe Certified. The brand is designed for today’s active lifestyle and offers a range of products in two categories: hair care and skin care. These include shampoo, face wash, shower gel, body lotions, body butters, hair cream, and more.

Zepto

Zepto is an Indian company that delivers groceries quickly. Zepto is an Indian quick commerce company based in Mumbai. It was founded in July 2021 by Aadit Palicha and Kaivalya Vohra. By August 2024, the company is valued at over $5 billion and has more than 250 dark stores in ten major cities across India. 

Zepto has changed the grocery delivery industry and set new standards. Its new ideas have inspired other companies like Gorillas, JOKR, Swiggy Instamart and Blinkit to focus on faster delivery times and better customer service.

Medikabazaar

Medikabazaar is India’s largest online marketplace for medical equipment and supplies. It offers a digital platform where customers can discover and buy medical products online no matter where they are. Medikabazaar goal is to make healthcare more accessible and affordable. 

The platform allows users to search, compare, and purchase medical products and devices using voice search and online payments, making it easy and affordable to get medical and surgical supplies.

Just Dial

Justdial is an Indian internet company that helps people find local services in India through phone, website, and mobile apps. It was founded in 1996 by V. S. S. Mani and is based in Mumbai. Justdial makes it easy for users to find the right businesses for products and services while also helping businesses promote their services. 

The platform offers services like automobiles, home maintenance, restaurants, travel, insurance, jobs, baby care, catering, housekeeping and more. Users can compare different service providers or send their requirements and businesses will compete to offer the best deal. The Justdial app is available for iOS and Android devices.

Acko

Acko is a digital insurance company that offers various types of insurance, including car, bike, electronics, and travel insurance. Acko General Insurance is a private company in India, founded in November 2016, and received its license from the Insurance Regulatory and Development Authority of India (IRDAI) in September 2017. 

Acko provides all its services online and creates insurance products based on how users use services. It offers small insurance plans for drivers and people in the transportation industry. Acko has also expanded to offer similar insurance policies in healthcare.

Purplle

Purplle is an online store in India that sells beauty and wellness products offering a personalized shopping experience. It is a marketplace with a wide range of products including makeup, skincare, haircare, personal hygiene, fragrances and accessories. Founded in 2011 by Manish Taneja and Rahul Dash, Purplle features a variety of products from different beauty brands. 

The platform makes it easy for customers to explore and purchase makeup, fragrances and skincare or haircare items. Purplle has become popular with people looking for beauty products and aims to improve the shopping experience by offering a wide selection of beauty brands and products online.

SUGAR Cosmetics

SUGAR Cosmetics is a cruelty-free makeup and skincare brand that offers a variety of products for the face, eyes, lips, nails and skin. SUGAR Cosmetics is a direct-to-consumer makeup brand that offers a wide range of products for lips, eyes, face, skin and nails. 

The company has also introduced products in skincare. SUGAR Cosmetics is a cruelty-free makeup brand known for its stylish and high-performance products. The brand is designed for bold, independent women who don’t want to be limited by stereotypes.

Toppr

Toppr is an after-school learning app in India that uses technology like artificial intelligence, machine learning, and big data to personalize learning for students. Toppr is India's top after-school learning app, focused on making learning personal for each student. 

It adapts to each student's learning style and covers a wide range of K12 subjects. Toppr offers 1 million course combinations and helps students prepare for school exams, board exams, and competitive exams.

CoinDCX

CoinDCX is a platform where users can buy and sell over 500 types of cryptocurrencies. CoinDCX is the top crypto trading app in India. It has an easy-to-use interface, works 24/7, and offers strong security. 

The app supports over 500 cryptocurrencies and provides real-time updates, making it great for both beginners and experienced traders. CoinDCX makes money through transaction fees. Users pay fees when they buy or sell cryptocurrencies, and these fees help CoinDCX earn revenue.

Box8

Box8 was founded in 2012 by Anshul Gupta and Amit Raj. It began as a small kiosk in a business cafeteria, aiming to offer tasty Indian food in easy-to-deliver boxes. Today, it has become one of Mumbai's top startups. Box8 now has over 100 outlets across India and serves more than 22,000 meals every day. 

Customers can visit the Box8 website or app, choose a delivery location, and browse a large menu with options like All-In-One Meals, Biryani, Wraps, Sandwiches, Salads, and Pizzas. After selecting their meal, customers can place their order, and Box8 guarantees delivery in 28 minutes.

upGrad

upGrad is an online education platform that offers industry-focused programs with the help of top teachers and industry experts. It is the largest online education company in South Asia, providing courses in Data Science, Technology, Management, and Law for students, working professionals, and businesses. 

upGrad works with leading universities around the world to create and deliver these programs. Its goal is to make quality education accessible to everyone and help people grow in their careers.

Conclusion

Mumbai is home to a vibrant and growing startup ecosystem with companies across diverse sectors such as technology, e-commerce, education, healthcare and food services. The city’s entrepreneurial spirit, coupled with its access to capital, talent and a dynamic market has made it a hub for innovative startups. 

These businesses are creating jobs, helping the economy grow and shaping the future of industries in India and beyond. With ongoing support from investors, government programs and a strong local network, Mumbai's startup scene is set to keep growing and succeeding in the future.