Top 10 Startups From Mumbai In 2024
Here’s the Top 10 Emerging Startups:
1) Apna
Name: Apna
Overview: Apna is a networking and job-search platform designed to connect blue-collar and gray-collar workers with job opportunities and similar professionals. It aims to facilitate employment by creating a community where job seekers and employers can interact easily.
Details:
- Founded in: 2019
- Founder: Nirmit Parikh
- Industries: Employment, Human Resources, Recruiting, Staffing Agency
- Employees: 101-250
- Funding: $93.45 million
- Funding Rounds: 4
- Investors: Six investors are involved: Insight Partners, Greenoaks Capital, Tiger Global Management, Sequoia Capital India, and rocketship.vc.
2) UpGrad
Name: UpGrad
Overview: UpGrad is an online education portal that offers courses in various fields such as Data Science, Technology, Management, and Law. It aims to make higher education accessible and convenient for working professionals and students.
Details:
- Founded in: 2015
- Founders: Mayank Kumar, Ravijot Chugh, Ronnie Screwvala, Phalgun Kompalli.
- Industries: E-Learning, EdTech, Education
- Employees: 1001-5000
- Funding: $176.28 million
- Funding Rounds: 4
- Investors: Four investors are involved: Temasek Holdings, International Finance Corporation, IIFL Asset Management, Unilazer Ventures.
3) Skillmatics
Name: Skillmatics
Overview: Skillmatics focuses on creating educational games for children, especially those in pre-school and primary school. These games are designed to be fun and engaging while also promoting learning and development.
Details:
- Founded in: 2016
- Founders: Devanshi Kejriwal, Dhvanil Sheth
- Industries: Children, Education
- Employees: 11-50
- Funding: $7.42 million
- Funding Rounds: 2
- Investors: There are two investors: Sequoia Capital India, Jalaj Dani Family Office.
4) Reliance Jio
Name: Reliance Jio
Overview: Reliance Jio is a leading telecommunications provider in India, known for offering high-speed mobile internet services and revolutionizing the digital landscape in the country.
Details:
- Founded in: 2010
- Founder: Mukesh Ambani
- Industries: Apps, Information Services, Internet, Telecommunications
- Employees: 10,001+
- Funding: $24.77 billion
- Funding Rounds: 16
- Investors: There are thirty five investors of which some are Citi, Silver Lake, Facebook, General Atlantic, Google.
5) Kodo
Name: Kodo
Overview: Kodo is a fintech startup that specializes in providing corporate cards and B2B payment solutions for small businesses. Their services are tailored to meet the financial needs of small and medium enterprises.
Details:
- Founded in: 2019
- Founders: Deepti Sanghi, Gaurav Thapa
- Industries: B2B, FinTech Financial Services,, Small and Medium Businesses
- Employees: 11-50
- Funding: $8.74 million
- Funding Rounds: 2
- Investors: There are five investors: Brex, Y Combinator, Pioneer Fund, Goat Capital, Blaine Vess.
6) Reliance Retail
Name: Reliance Retail
Overview: Reliance Retail operates a vast network of local stores, supermarkets, and specialty stores, in addition to an online platform. It is one of the largest retail chains in India, offering a wide range of consumer goods.
Details:
- Founded in: 2006
- Founder: Mukesh Ambani
- Industries: Consumer Goods, Grocery, Retail
- Employees: 10,001+
- Funding: $6.42 billion
- Funding Rounds: 6
- Investors: There are eight investors: Silver Lake, General Atlantic, GIC, Saudi Arabia's Public Investment Fund, TPG.
7) Jai Kisan
Name: Jai Kisan
Overview: Jai Kisan is a financial platform that caters to the funding needs of rural and emerging markets, providing long-term financial solutions to support agricultural and rural development.
Details:
- Founded in: 2017
- Founders: Adriel Maniego, Arjun Ahluwalia
- Industries: Agriculture, AgTech, Financial Services, FinTech
- Employees: 11-50
- Funding: $35.4 million
- Funding Rounds: 5
- Investors: There are eighteen investors: BlackSoil, Blume Ventures, Stride Ventures, Better Capital, Mirae Asset Venture Investment.
8) Toppr
Name: Toppr
Overview: Toppr is an educational platform that offers after-school learning support, focusing on preparation for admission exams and providing a variety of learning courses.
Details:
- Founded in: 2013
- Founders: Hemanth Goteti, Zishaan Hayath
- Industries: E-Learning, EdTech, Education
- Employees: 1001-5000
- Funding: $112.09 million
- Funding Rounds: 11
- Investors: There are fourteen investors: Helion Venture Partners, Alteria Capital, SAIF Partners, Eight Roads Ventures, and InnoVen Capital.
9) MyGlamm
Name: MyGlamm
Overview: MyGlamm is a beauty brand that connects customers with beauty professionals including stylists, beauticians, and spa technicians through a direct-to-consumer model. They offer a wide range of beauty products and services.
Details:
- Founded in: 2015
- Founders: Darpan Sanghvi, Priyanka Gill
- Industries: Beauty, Marketplace, Mobile Apps
- Employees: 101-250
- Funding: $56.04 million
- Funding Rounds: 8
- Investors: 14 (Bessemer Venture Partners, Amazon, Kalaari Capital, Trifecta Capital Advisors, Brand Capital)
10) CarTrade
Name: CarTrade
Overview: CarTrade.com is a prominent online marketplace in India for buying and selling new and used vehicles. The platform offers a comprehensive automotive marketplace for consumers and dealers.
Details:
- Founded in: 2009
- Founder: Vinay Sanghi
- Industries: Auctions, Automotive, E-Commerce, Marketplace
- Employees: 1001-5000
- Funding: $307.35 million
- Funding Rounds: 8
- Investors: 9 (Canaan Partners, Temasek Holdings, Tiger Global Management, March Capital, Warburg Pincus)