Separator

Mumbai & Startups: The Love Story

Separator
Mumbai & Startups: The Love Story

Sujith Vasudevan, Managing Editor , 0

Despite the early setback due to the pandemic, Mumbai is returning to a more stable condition. This once again opens up the box of opportunities for the startups & aspirant entrepreneurs in the city. While India is becoming the world’s fastest-growing startup ecosystem with 107 Unicorn Startups, a major wedge of them belongs to Mumbai and Bangalore. With increased government interventions and support, Mumbai could be on its way to a startup hotspot.
If the unicorn stories don’t inspire you, Mumbaikars have their own ‘dabbawalas’ to get inspired from. The Mumbai dabbawalas’ and their business of delivering tiffin boxes date back to 1890 when the Parsi and British communities living in Mumbai needed convenient tiffin delivery service. Presently, around 5,000-odd dabbawalas ferry over200,000dabbas daily, constituting one of the inspiring industries. It’s amazing how the city offers room for online and offline startups alike. For instance, the city is also one of India’s most prominent real estate markets.

Mumbai has set up the perfect climate needed for you to launch your startup, especially in the digital world. With some courage, an investment source, and a vision to deliver seamless customer experiences using technology to the fullest, you can set off your dream entrepreneurial venture in the city. A good marketing strategy will take you a long way as well. In this issue of CEO Insights, we have carefully curated an index comprising some of the most promising startups in Mumbai.
Do let us know your thoughts.