All Rankings

Top 100 Mumbai Startups 2026

The most-funded startups headquartered in Mumbai, ranked by total capital raised.

Known total funding for 100 of 100 ranked companies: $29.6B.

Showing top 100 matching companies · Ranked by total funding raised

Use company data through the API.
Example request
curl "https://indexed.vc/api/v1/companies?countries=India&cities=Mumbai&operatingStatus=active&sort=total_funding_raised&order=desc&limit=100" -H "X-API-Key: YOUR_API_KEY"

The API has no company type filter, so public companies can appear; this list counts private companies only.

The API cannot leave out companies whose latest round is a grant, private equity or debt financing; this list does.

Data from Indexed.vcUpdated

Methodology: up to 100 active companies matching this list's filters are ordered by disclosed total funding in USD. Companies whose latest round is one of: Grant, Private Equity, Debt Financing are excluded. Totals include recorded grants and other qualifying funding, not just equity. Open a company profile for its funding summary and available detail. How this data is built.

1
Reliance Jio

India's largest telecom network and digital services provider, offering 5G, broadband, and mobile...

Mumbai, India10001+Infrastructure, Telecommunications
Corporate RoundTotal funding$10.0BJun 2020
2
Zepto

Zepto operates an online marketplace connecting Indian consumers and businesses with sellers of g...

Mumbai, India1001–5000Delivery, Grocery
Series G+Total funding$2.0BOct 2025
3
Dream11

India's largest fantasy sports platform with over 190 million users across cricket, football, and...

Mumbai, India1001–5000E-Commerce, Gaming
Extension RoundTotal funding$1.6BNov 2021
4
Avaada

Avaada manufactures high-efficiency solar photovoltaic modules and develops green hydrogen, green...

Mumbai, India5001–10000Clean Energy, Energy
Growth EquityTotal funding$1.3BJun 2023
5
Dream Sports

Dream Sports brings you the best in fan engagement, live sports content, and immersive experiences.

Mumbai, India501–1000Gaming, Sports
Series FTotal funding$1.2BSep 2021
6
Tata Motors

Indian multinational commercial vehicle manufacturer and one of India's leading passenger vehicle...

Mumbai, India10001+Automotive, Electric Vehicles
Growth EquityTotal funding$1.0BOct 2021
7
Rebel Foods

Operates cloud kitchens and multiple internet-restaurant brands, providing tech-enabled kitchen i...

Mumbai, India5001–10000Delivery, Food & Beverage
Venture RoundTotal funding$788.3MAug 2025
8
Infra.market

B2B Commerce company in Alteria Capital's venture debt portfolio.

Mumbai, India1001–5000E-Commerce, Construction Tech
Series G+Total funding$707.4MSep 2025
9
Neysa

Generative AI infrastructure platform providing compute and model deployment for enterprises.

Mumbai, India51–200Artificial Intelligence, Cloud
Growth EquityTotal funding$650.0MFeb 2026
10
API Holdings

India's largest digital healthcare platform connecting consumers, pharmacies, hospitals, and diag...

Mumbai, India5001–10000Healthcare
Series FTotal funding$566.0MApr 2024
11
Fractal Analytics

AI and analytics company helping Fortune 500 companies build AI-powered businesses.

Mumbai, India5001–10000Artificial Intelligence, Analytics
Growth EquityTotal funding$560.0MMar 2022
12
Tata Power Renewables

One of the largest operators and developers of renewable power in India.

Mumbai, India1001–5000Climate Tech
Series DTotal funding$525.0MApr 2022
13
Piramal Pharma

India-based pharmaceutical company offering CDMO services, critical care products, and consumer h...

Mumbai, India10001+Biotech, Healthcare
Corporate RoundTotal funding$490.0MJun 2020
14
Avanse Financial Services

Leading Indian NBFC providing education loans for students studying in India or abroad, founded 2...

Mumbai, India201–500Fintech
Growth EquityTotal funding$403.8MJan 2026
15
Aditya Birla Housing Finance

Aditya Birla Housing Finance provides home-finance solutions in India, including lending for purc...

Mumbai, India1001–5000Financial Services, Real Estate
Growth EquityTotal funding$304.3MFeb 2026
16
Mintifi

Mintifi provides inventory and supply-chain financing that helps Indian distributors and retailer...

Mumbai, India201–500Fintech, Lending
Series ETotal funding$290.0MDec 2024
17
Infinity Fin

Infinity Fincorp is an Indian NBFC providing secured Loan Against Property (LAP) products for MSM...

Mumbai, India51–200Fintech
Growth EquityTotal funding$264.0MOct 2025
18
Weaver Services

Making homeownership accessible through innovative financing solutions. Backed by premier investo...

Mumbai, India501–1000Financial Services
Growth EquityTotal funding$251.0MMar 2026
19
LEAD School

LEAD provides Indian private schools with an integrated learning system combining curriculum, ped...

Mumbai, India1001–5000EdTech
Series ETotal funding$241.8MJan 2022
20
CoinDCX

Indian cryptocurrency exchange offering trading, investing, and crypto financial products to reta...

Mumbai, India501–1000Crypto & Web3, Fintech
Corporate RoundTotal funding$238.9MOct 2025
21
Turtlemint

Turtlemint operates an insurtech platform that helps India's financial advisors compare, quote, a...

Mumbai, India1001–5000Fintech, Insurtech
Series ETotal funding$221.0MMay 2022
22
Bizongo

B2B vendor digitization and embedded financing platform for supply chain and packaging industries.

Mumbai, India201–500E-Commerce, Fintech
Series ETotal funding$220.0MMar 2025
23
Hungama

Indian digital entertainment platform offering music streaming, video streaming, gaming, and cont...

Mumbai, India201–500E-Commerce
Growth EquityTotal funding$220.0MJan 2026
24
Pharmeasy

Indian online pharmacy and healthtech platform providing medicine delivery, lab tests, and teleco...

Mumbai, India1001–5000E-Commerce, Healthcare
Series G+Total funding$216.0MApr 2024
25
BookMyShow

India's Largest Entertainment Central Movies tickets, Concert tickets, Events tickets, Theatre ti...

Mumbai, India501–1000E-Commerce, Entertainment
Series DTotal funding$209.3MJul 2018