Top Unicorn Startups in Mumbai for 2025

In Mumbai, we rank 14 unicorn startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in Mumbai are falling behind the performance of their global counterparts.

Powered by:

Top Unicorn Startups in Mumbai for 2025

SB Score:727

Zepto provides a groundbreaking 10-minute grocery delivery service through its user-friendly e-grocery app. With a selection of over 2,500 products, it transforms the grocery shopping experience by ensuring customers receive their essentials promptly and efficiently.

Industry:
Software & Data
Subindustry:
Enterprise Technology

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page

2nd

Acko
SB Score:720

Acko is an online insurance policy provider with its entire operations offered through the digital platform. It creates products and delivers opportunities in areas such as personalized insurance products based on user consumption behaviors. Acko offers bite-sized insurance products for drivers and others working in transportation and related sectors. It has also expanded its catalog and begun offering similar policies in healthcare.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:703

Purplle offers a unique shopping experience on its app with personalized recommendations based on user personas, search history, and purchase behavior. Customers can virtually try on makeup and receive tailored product suggestions, creating a seamless and enjoyable shopping journey.

Industry:
Ecommerce & Retail
Subindustry:
Retail

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page

Total amount:14

Best Fintech Startups in Mumbai for 2025

Mumbai startups in the Fintech industry are overperforming their global industry peers. The top three Fintech unicorns in Mumbai have raised more than USD 1.41B, an amount that is higher than the global industry average.

1st

Acko
SB Score:720

Acko is an online insurance policy provider with its entire operations offered through the digital platform. It creates products and delivers opportunities in areas such as personalized insurance products based on user consumption behaviors. Acko offers bite-sized insurance products for drivers and others working in transportation and related sectors. It has also expanded its catalog and begun offering similar policies in healthcare.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:667

Upstox revolutionizes investing with cutting-edge options for users. Experience innovative investment opportunities with this fin-tech company.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:645

CoinDCX is a company that specializes in crypto-enabled financial services. The company focuses on developing borderless financial services that ensure a simpler and uninterrupted flow of capital. Its liquidity, powerful wallet, and impenetrable security make the trading experience fast, reliable, and effortless. CoinDCX has empowered its traders with a bouquet of industry-first products to trade using liquidity from exchanges. The products are designed for all types of traders keeping their trading experience, risk tolerance, and trading frequency into consideration. The company aims to democratize finance and make investments accessible to everyone. CoinDCX was founded in 2018 and is headquartered in Mumbai, Maharashtra, India.

Industry:
Fintech
Subindustry:
Blockchain

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page

Total amount:5

Most Valuable Unicorns in Mumbai for 2025

The top three most valuable unicorns in Mumbai have raised total funding of more than USD 2.11B. Among the top three funded unicorns, the most popular industry, based on total funding, is Fintech.
SB Score:674

Dream 11 is an Indian fantasy sports platform where users can participate in fantasy cricket, kabaddi, and other leagues. Play and strategize with friends to win exciting prizes.

Industry:
Software & Data
Subindustry:
Software

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page

The National Stock Exchange of India is a top stock exchange globally, known for its high daily turnover and trade volume in equities and derivatives. It is a leading platform for trading, offering a range of investment opportunities for investors.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:727

Zepto provides a groundbreaking 10-minute grocery delivery service through its user-friendly e-grocery app. With a selection of over 2,500 products, it transforms the grocery shopping experience by ensuring customers receive their essentials promptly and efficiently.

Industry:
Software & Data
Subindustry:
Enterprise Technology

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page

Total amount:14

Top Hiring Unicorns in Mumbai by Employee Number

The top three hiring unicorns in Mumbai have an average employee size that is larger than to the global average. Among these, the Edtech industry features the unicorn with the largest workforce.
SB Score:699

UpGrad offers a diverse range of online programs for higher education. Elevate your skills with our engaging courses designed to help you reach your full potential. Join UpGrad today and unlock a world of opportunities for professional growth and development.

Industry:
Edtech
Subindustry:
Edtech

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:574

Rebel Foods, formerly Faasos, is the world's largest chain of Online Restaurants. In 2015, they discovered that 70% of customers had never visited their physical stores. This led to the launch of a multi-brand cloud kitchen model in India, revolutionizing the way food is delivered.

Industry:
Foodtech
Subindustry:
Online Food Ordering

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page

3rd

Acko
SB Score:720

Acko is an online insurance policy provider with its entire operations offered through the digital platform. It creates products and delivers opportunities in areas such as personalized insurance products based on user consumption behaviors. Acko offers bite-sized insurance products for drivers and others working in transportation and related sectors. It has also expanded its catalog and begun offering similar policies in healthcare.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:703

Purplle offers a unique shopping experience on its app with personalized recommendations based on user personas, search history, and purchase behavior. Customers can virtually try on makeup and receive tailored product suggestions, creating a seamless and enjoyable shopping journey.

Industry:
Ecommerce & Retail
Subindustry:
Retail

National Rank (India)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page

Total amount:14

Explore the Startup Ecosystem of Mumbai

National Rank

(undefined)

3rd

0

Regional Rank

(undefined)

3rd

0

Global Rank

(WorldWide)

20th

5

Visit

Top Cities for Startups in India - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Pro
Pro
Pro
Pro
2024 National Rank CityGlobal Rank
informational icon
Total Score

Access subscores for 1000 cities and 100 countries

informational icon
Quantity Score
informational icon
Quality Score
informational icon
Business Score
1st
0
8th
0
68.148
00.00
00.00
00.00
2nd
0
11th
+
2
55.680
00.00
00.00
00.00
3rd
0
20th
+
5
36.843
00.00
00.00
00.00
4th
+
1
65th
+
24
10.644
00.00
00.00
00.00
5th
-
1
76th
+
2
9.576
00.00
00.00
00.00
6th
0
81st
+
21
9.365
00.00
00.00
00.00
7th
+
1
125th
+
70
5.912
00.00
00.00
00.00
8th
-
1
153rd
+
28
4.232
00.00
00.00
00.00
9th
0
209th
+
30
2.334
00.00
00.00
00.00
10th
+
1
231st
+
156
2.034
00.00
00.00
00.00
Microsoft Excel icon
Download CSV file
Pro