Find a Cofounder in Mumbai
Mumbai is home to over 1,332,000 aspiring entrepreneurs. Join 10,000+ founders already on CoffeeSpace - including 183 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
The entrepreneurship environment in Mumbai is thriving with an estimated 1,332,000 entrepreneurs, with 183 of them being active users on CoffeeSpace. This location is a hotbed for innovation, particularly in the top three industries of AI, FinTech, and E-commerce. Key players in these sectors include eminent brands such as Deloitte, Tata Consultancy Services, and Nomura. The city's vibrant entrepreneurial culture is underpinned by its strong educational foundations. Many entrepreneurs in Mumbai are alumni of esteemed institutions such as University of Mumbai, Indian Institute of Technology, Bombay, and SVKM's Narsee Monjee Institute of Management Studies (NMIMS). These universities have played a significant role in fostering an environment conducive to entrepreneurship and innovation. Connect with this dynamic community on CoffeeSpace, and let's brew success together.
The median age of CoffeeSpace founders in Mumbai is 28, while the average is 29.56.
A majority (57%) of CoffeeSpace founders in Mumbai are non-technical (Product, S/M, Financial, Operations), while (43%) are technical (Engineering, AI/ML).
A majority (69%) of CoffeeSpace founders in Mumbai, are exploring startup ideas, while 31% are committed to an idea.
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