Find a Cofounder in Mumbai
Mumbai is home to over 1,586,000 aspiring entrepreneurs. Join 10,000+ founders already on CoffeeSpace - including 169 from Mumbai and start your founder journey today!
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Entrepreneurship in Mumbai
Mumbai, often referred to as the commercial capital of India, boasts a thriving entrepreneurship environment. The city is recognized as a hub of innovation, with a multitude of startups across various sectors like technology, finance, healthcare, and e-commerce. Mumbai's infrastructure, diverse talent pool, and strategic location make it an attractive destination for entrepreneurs. The city’s cosmopolitan nature, along with its status as the country's financial center, also encourages a culture of innovation and disruptiveness, fostering a vibrant startup ecosystem. Moreover, access to funding in Mumbai is relatively easier compared to other cities in India. Numerous venture capitalists, angel investors, and private equity firms are based in the city, providing much-needed financial support to startups. The presence of several incubators and accelerators also contribute to the city's dynamic startup landscape. Additionally, the government's supportive policies and initiatives such as tax benefits and ease of doing business further enhance Mumbai's appeal as a hotbed for entrepreneurship.
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Mumbai founders in numbers
Mumbai, the bustling financial hub of India, is home to a thriving entrepreneurship environment, boasting a staggering 1,586,000 entrepreneurs. Among these, CoffeeSpace proudly serves as a networking platform to 169 active users, dedicated to catalyzing innovative business ideas. The city's top three industries are Artificial Intelligence (AI), FinTech, and E-commerce, with leading companies such as Deloitte, Accenture, and Digitas India shaping the ecosystem. Entrepreneurs in Mumbai come from highly reputable educational backgrounds, with the University of Mumbai, Indian Institute of Technology, Bombay, and SVKM's Narsee Monjee Institute of Management Studies (NMIMS) being the top universities. The city's entrepreneurial landscape is a vibrant amalgamation of intellect, innovation, and ambition, making it a bustling hotspot for startups and businesses.
The median age of CoffeeSpace founders in Mumbai is 28, while the average is 29.73.
A majority (59%) of CoffeeSpace founders in Mumbai are non-technical (Product, S/M, Financial, Operations), while (41%) are technical (Engineering, AI/ML).
A majority (75%) of CoffeeSpace founders in Mumbai, are exploring startup ideas, while 25% are committed to finding a cofounder.
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