India's financial capital is now also one of its top three start-up destinations. Mumbai is undeniably the prime growth centre for startups. Home to a number of experienced industrialists who can mentor and support startups with the right do's and don'ts, and if need be, fulfil their financial requirements as well, the financial capital of the country is the place to be for budding entrepreneurs. The city has witnessed many new start-ups arriving at the block with some really innovative ideas and some old ones were able to further up their game.

Many of the emerging startups are based in Mumbai. The city is currently bustling with tech startups popping from every nook and corner of the nation, thanks to the abundance of skilled professionals and government's push to the business scope in varied spaces. The proliferation of the internet, higher rates of literacy and greater exposure to the outside world have fuelled sector-based innovation in IT, artificial intelligence, IoT (Internet of Things), finance, healthcare, biotechnology, education, agriculture, and logistics, to name a few. In fact, more and more technology start-ups have driven the growth of the city, created jobs, increased access to resources, education and healthcare, resulting in falling poverty levels and improved lifestyles. Also, the presence of prominent venture capital firms has influenced the growth of such start-ups. Large corporates, including L&T, TCS, SAP and others, have collaborated with SINE and provided support to start-ups through their CSR funds.

In our current edition, we have featured a list of “10 Best Mumbai Tech Startups.”These start-ups with fresh ideas are creating a ripple effect in the Mumbai start-up ecosystem. The ripple effect of this burgeoning start-up energy is extending beyond just the commercial hub. While with every new day business is evolving and developing; this is a great time for start-ups to make their mark.

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