Mumbai's 29 Best Startup Accelerators & Incubators [2024]

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Updated: January 20th, 2022

Are you looking for an accelerator program in Mumbai?

Did you know that Mumbai is ranked amongst one of the leading startup hubs that attract investment from different corners of the world?

If you're starting a startup in Mumbai, you might be wondering what startup accelerators or incubators exist in the area. Here's the full list:

Best Startup Accelerators & Incubators In Mumbai

#	Accelerator/Incubator	Funding	Location	Apply
1	Meity Tide 2.0	INR 4 Lakhs- INR 7 Lakhs	Mumbai	Apply
2	Venture Catalysts	$500K-$1M	Mumbai	Apply
3	Amplifi Asia	$50K	Mumbai	Apply
4	Startupbootcamp	$20K - $250K	Global	Apply
5	Arka Venture Labs	$100K to $200K	Mumbai & ...	Apply
6	9 Unicorns	INR 3-15 Crore	Mumbai	Apply
7	GSF Accelerator	$150K	New Delhi	Apply
8	SP-TBI	INR 25 Lakhs	Mumbai	Apply
9	Riidl	Not Disclosed	Mumbai	Apply
10	Rise Barclays	Not Disclosed	Mumbai, L...	Apply
11	UnLtd India	Not Disclosed	Mumbai	Apply
12	V@C	Not Disclosed	New Delhi...	Apply
13	Zone Startups	Not Disclosed	Mumbai	Apply
14	10000 Startups	Not Disclosed	Bangalore...	Apply
15	CIBA	Not Disclosed	Mumbai	Apply
16	SPJIMR	Not Disclosed	Mumbai & ...	Apply
17	ThinQbate	Not Disclosed	Mumbai	Apply
18	Jio GenNext	Not Disclosed	Mumbai	Apply
19	Sprint Up	Not Disclosed	Mumbai	Apply
20	Sparknext	Not Disclosed	Mumbai	Apply
21	Tandon Group	Not Disclosed	Mumbai, S...	Apply
22	VStEP	Not Disclosed	Mumbai	Apply
23	ATMA	Not Disclosed	Mumbai	Apply
24	Freemont Partners	Not Disclosed	Mumbai	Apply
25	NCAIR	Not Disclosed	Mumbai	Apply
26	Yes Yes, Why Not?	Not Disclosed	Mumbai	Apply
27	BARC Centre for Incubation of Technologies (BARCIT)	Not Disclosed	Mumbai	Apply
28	Atal Incubation Center	Not Disclosed	Mumbai	Apply
29	ISDI	Not Disclosed	Mumbai	Apply

1. Meity Tide 2.0

Location: Mumbai
Industry: Technology Industries
Investment Size: INR 4 Lakhs- INR 7 Lakhs
Program Length: 10-12 Months
Equity Taken: Not Disclosed

Meity Tide 2.0 by SINE or Society for Innovation and Entrepreneurship is an initiative of IIT Bombay that nurtures, empowers, and accelerates tech startups and fosters entrepreneurship. This 10-12 month business incubator program facilitates research activities for entrepreneurial ventures, with the vision to create successful technology startups in the niche of blockchain, IoT, AI, robotics, education, agriculture, healthcare, digital payments, transportation, infrastructure, environment, and cleantech. They provide startups with assistance to validate business ideas, funding support of INR 4 lakhs-INR 7 lakhs, mentorship, and access to coworking space, boot camps & workshops.

Apply to Meity Tide 2.0, or learn more ➜

2. Venture Catalysts

Location: Mumbai
Industry: All Industries
Investment Size: $500K-$1M
Program Length: 1 Year
Equity Taken: Not Disclosed

Venture Catalysts hosts a 1-year integrated business incubator program that focuses on creating the largest business ecosystem in the world. This program matches entrepreneurs with the right resources, capital, knowledge, and network. They focus on building successful business firms by guiding them from the start line to the finish line & by providing them the capital of $500K- $1M, corporate connections, mentorship, access to global markets, networking opportunities, and industry-specific expertise. Some of the portfolio startup companies of Venture Catalysts are; Beardo, Alma Connect, Altor Helmet, 7 Classes, Algo Bulls, and many more.

Apply to Venture Catalysts, or learn more ➜

3. Amplifi Asia

Location: Mumbai
Industry: Tech-enabled Businesses & B2B Businesses
Investment Size: $50K
Program Length: 6 Months
Equity Taken: Not Disclosed

Amplifi Asia operates a business program that acts as a guiding light for the startups of the industry. This program has a team of experienced entrepreneurs and corporate leaders who assist high-end B2C technology-enabled startups by providing them guidance and a hands-on business approach. They also offer participants with funding of $50K, mentoring & assistance for 6-months, business knowledge about product development, branding, marketing & product-market fit, and 1-on-1 networking opportunities.

Apply to Amplifi Asia, or learn more ➜

4. Startupbootcamp

Location: Global
Industry: Healthcare Industry
Investment Size: $20K - $250K
Program: 6 Months
Equity Taken: Not Disclosed

Startupbootcamp's Scale Digital Health is an accelerator program designed to scale growth-stage healthcare businesses.

This 6-month program offers the customized support, fundraising and revenue-increasing opportunities, exposure channels, an unparalleled network of industry professionals, expertise, tailored mentorship, perks & benefits, access to a global network of corporate partners and investors, and co-working space to the healthcare startups.

Apply to Startupbootcamp, or learn more ➜

5. Arka Venture Labs

Location: Mumbai & California
Industry: Technology enabled B2B startups
Investment Size: $100K to $200K
Program Length: 12 Months
Equity Taken: Not Disclosed

Arka Venture Labs organizes a business program that assists B2B technology startups and helps them to grow & scale in the industrial ecosystem. This program provides startups with mentorship, capital of $200K, partnership strategy, partnership, knowledge about product-market fit, technical assistance. Some of its portfolio companies are Aarna Networks, B2Brain, Rucept, Preimage, Simple Contact, Glance, Deep Affects, and many more.

Apply to Arka Venture Labs, or learn more ➜

6. 9 Unicorns

Location: Mumbai
Industry: All Industries
Investment Size: INR 3-15 Crore
Program Length: 13 Weeks
Equity Taken: 6%

9 Unicorns is a leading accelerator and venture capital program that assists early-stage startups to rejuvenate business ideas through guidance and funding. This program provides mentoring, networking, growth facilities, and funding opportunities to the startups. They assist early-stage startups in the verticals of AR/VR, mobility, electric vehicles, artificial intelligence, machine learning, FMCG, fintech, and retail. Some of its portfolio startup companies are; The Health Company, In Storied, Mitron, Klub, Signalx, Touch, and more.

Apply to 9 Unicorns, or learn more ➜

7. GSF Accelerator

Location: New Delhi
Industry: Education, Healthcare, Media/Entertainment, SaaS, and Fintech
Investment Size: $150K
Program: 12 Weeks
Equity Taken: Not Disclosed

GSF is an accelerator program in India that helps startups and small businesses scale in the industry and validate their business ideas. This 12-week program selects 5-7 startups for each cohort and provides them with $150K as seed funding, workshops, mentorships, masterclasses, industry events, opportunities to build networks, and various perks & discounts.

Apply to GSF Accelerator, or learn more ➜

8. SP-TBI

Location: Mumbai
Industry: Technology Industries
Investment Size: INR 25 Lakhs
Program Length: 1 Year
Equity Taken: Not Disclosed

SP-TBI or Sardar Patel Technology Business Incubator is a business program supported by the Government of India. It provides participants with services such as; training, mentorship & supports up to 1-year, networking opportunities, access to attend seminars & webinars, grants, funding of INR 25 Lakhs, product prototyping assistance, dedicated office & coworking space, assistance in product & business development, and talent acquisition programs. This program assists startups in scaling and growing in the industry to new business heights.

Apply to SP-TBI, or learn more ➜

9. Riidl

Location: Mumbai
Industry: Technology Industries
Investment Size: Not Disclosed
Program Length: 6 Weeks
Equity Taken: 4-6%

Riidl runs a technology business incubator program, which assists early-stage startups of the industry & helps them to develop from the idea stage to the funding stage. This 6-week program acts as a platform for building startups by providing them with the business resources, training, mentorship, funding & investment opportunities in exchange for 4-6% equity, tools to facilitate growth, infrastructure, business services, coaching & strategies, access to lab space, and program designing opportunities.

Apply to Riidl, or learn more ➜

10. Rise Barclays

Location: Mumbai, London, and New York
Industry: Fintech Industries
Investment Size: Not Disclosed
Program Length: 13 Weeks
Equity Taken: Not Disclosed

Rise by Barclays runs a business accelerator program that assists fintech startups of the industry. The mission of this program is to connect technology with startups and assist them in the growth of financial services. This 13-week intensive startup accelerator program is designed to scale and shape the next-gen fintech businesses of the industry by providing them with mentorship & networking opportunities from industry experts, established entrepreneurs & investors, and acceleration services to stimulate growth.

Apply to Rise Barclays, or learn more ➜

11. UnLtd India

Location: Mumbai
Industry: Social Entrepreneurs
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

UnLtd India operates a business program that assists early-stage startups of the industry and nurtures business ideas for social change. This incubation program brings ideas to life by providing participants with mentorship, training, and funding. The incubation program runs in three phases, i.e., test, build, and grow and assist entrepreneurs from the start to the end and provide them with induction & leadership workshops, business coaching, milestone setting, site visit, networking, and impact measurement essential to grow & succeed in the industry.

Apply to UnLtd India, or learn more ➜

12. V@C

Location: New Delhi, Chandigarh, Bengaluru, Noida, and Gandhinagar
Industry: All Industries
Investment Size: Not Disclosed
Program: 4 Months
Equity Taken: Not Disclosed

V@C Access Xcceleration is a program hosted by Vrdian Ventures. This 4-month accelerator program is designed to help entrepreneurs and startups face business challenges and fulfill their business needs. They provide a holistic environment to the startups necessary for their growth. This intensive program also provides participants with a network of trained and experienced mentors, service providers, industry experts, trainers, and potential investors. They help both idea-stage and growth-stage startup firm to reach their predetermined goals.

Apply to V@C, or learn more ➜

13. Zone Startups

Location: Mumbai
Industry: All Industries
Investment Size: Not Disclosed
Program Length: 2-3 Months
Equity Taken: Not Disclosed

Zone Startups runs a business accelerator program on an international scale. They provide participants with mentorship, assistance, market validation, customer acquisition, business counseling, technical tools & support, international access to markets, connection-building & networking opportunities, peer-to-peer & financial support, and access to coworking space. This program accelerates the growth of businesses by investing in high-growth and potential business firms. Some of its assisted startups programs are; Farmway, Donatekart, Dimension NXG, Rockmetric, and more.

Apply to Zone Startups, or learn more ➜

14. 10000 Startups

Location: Bangalore, Mumbai
Industry: Technology Industry
Investment Size: Not Disclosed
Program Length: 9 Months
Equity Taken: Not Disclosed

10,000 Startup Business program is an initiative of Nasscom that incubates technology startup businesses for 9-months. This program provides business firms with equipped coworking space, learning & networking opportunities with peers, potential partners, investors & industry experts, mentorship, growth-enabled business resources, guidance, tools to scale and accelerate business firms, product-market fit, startup kit, and go-to-market strategies. Some of its portfolio companies are Bombay play, Ask Sid, Appiva Software Pvt Ltd, Canopi, Live Wire, and many more.

Apply to 10000 Startups, or learn more ➜

15. CIBA

Location: Mumbai
Industry: Technology Industries
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

CIBA, or the Center for Incubation and Business Acceleration, runs a technology business incubator program that provides a collaborative entrepreneurial experience and support to the budding entrepreneurs of the industry. They nurture entrepreneurs and offer them acceleration services, knowledge about business management, networking opportunities, assistance in making business plans, offline space, mentorship, seed funding, and product prototyping facilities. Some of its incubated startups are; Tyre Express, Ihaat.In, Pixean.com, Gizbuzz, Myrsa, Blockchain Magazine, and more.

Apply to CIBA, or learn more ➜

16. SPJIMR

Location: Mumbai & Delhi
Industry: All Industries
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

SPJIMR hosts a Start Your Business Programme (SYB) that assists and supports budding entrepreneurs who want to build a sustainable and successful business in the industry. They assist entrepreneurs by providing them with business knowledge, skills, networking opportunities with investors, marketers, venture capitalists, and entrepreneurship knowledge to open successful business startups. This early-stage business program also assists entrepreneurs in writing successful business plans, serving the needs of the business, and providing them resources to manage startup businesses.

Apply to SPJIMR, or learn more ➜

17. ThinQbate

Location: Mumbai
Industry: All Industries
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

ThinQbate is a startup business incubator program that empowers entrepreneurs and provides them with ideas & growth opportunities. The focus of this program is to build successful businesses in the industry by offering them mentorship, networking opportunities with experts & like-minded entrepreneurs, business infrastructure, capital, innovative & creative business development resources, investment opportunities, business knowledge, skill-sharing, various business programs, business space, and incubation services. Some of its portfolio companies are; Square Off, Calamus, NapNap, Nation of Sport, Physiz, Loyalty, Super Fan, and more.

Apply to ThinQbate, or learn more ➜

18. Jio GenNext

Location: Mumbai
Industry: All Industries
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: No Equity Taken

Jio GenNext is an initiative of Reliance Industries and runs a business accelerator program for startups. This program assists & advises startups and helps them successfully launch their startups in the industrial ecosystem. They majorly assist businesses running in the niche of fintech, retail tech, health tech, IoT, blockchain, and edtech industries. The program is structured in two stages and supports businesses that have gone past the MVP stage and product-market fit stage. Some of its portfolio companies are; 30M Genomics, Alkenist, Dubverse, Enhance, Hiper Automotive, Linear, and more.

Apply to Jio GenNext, or learn more ➜

19. Sprint Up

Location: Mumbai
Industry: Digital companies
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

Sprint Up hosts a business accelerator program that assists businesses to scale in the industry. They empower entrepreneurs with resources and tools to create scalable and game-changing ventures in the industry. This program accelerates innovation & entrepreneurship and brings an impactful change in the industry by supporting disruptive business ideas. The acceleration program takes in three different phases and offers strategic support, capital, financial, capacity-building opportunities, and operational guidance to the participating startups.

Apply to Sprint Up, or learn more ➜

20. Sparknext

Location: Mumbai
Industry: All Industries
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

Spark Next organizes a business accelerator program that assists startups to build scalable and successful companies of tomorrow by providing them tools & resources to launch, grow & build products in the industry. They also provide founders with assistance in product development, idea validation, building viable MVP, researching, prototyping & branding, technical knowledge, business launch strategy, organic growth strategy, legal business advice, fundraising opportunities, and business management strategy.

Apply to Sparknext, or learn more ➜

21. Tandon Group

Location: Mumbai, Singapore, and Silicon Valley
Industry: Consumer, Healthcare, IT & Manufacturing
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

Tandon Group runs a successful business program that acts as a partner for the entrepreneurs in their journey to become successful by fostering entrepreneurship. This program assists innovative technology-based businesses and provides them with access to global business markets, low-cost manufacturing facilities, in-depth business support, business incubation services, help in business marketing, finance, and technical assistance. Some of its portfolio companies are; Infinix, Freecharge, Razorpay, Porter, Voonik, and many more.

Apply to Tandon Group , or learn more ➜

22. VStEP

Location: Mumbai
Industry: Media & Entertainment
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

VStEP, or the Viacom18 Startup Engagement Program, assists innovative media and entertainment startups move forward in the industry. This is a pilot-driven business program that collaborates with growth-stage startup businesses and assists them to succeed in the international market of media & entertainment. They run a 3 step business accelerator program where they provide them mentorship, business building & pitching opportunities, access to attend demo day programs, and strategic partnerships.

Apply to VStEP, or learn more ➜

23. ATMA

Location: Mumbai
Industry: Social Entrepreneurs
Investment Size: Not Disclosed
Program Length: 1 year
Equity Taken: Not Disclosed

ATMA operates a business program that provides strategic business solutions to the NGOs and helps them to scale, move forward, and succeed in the industry. This program also provides hands-on business support, strategic business planning, assistance to implement business ideas, business management processes, tools for the execution of business plans, partnership-building opportunities, access to training & demo days, and customized support in key business areas.

Apply to ATMA , or learn more ➜

24. Freemont Partners

Location: Mumbai
Industry: All Industries
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

Freemont Partners assists businesses in building a successful venture by supporting their business ideas, providing them with tools & resources to bring that business idea into reality. This business builder program also acts as a financial advisor and investor of the startups who provide them with necessary investments, operational business expertise, incubation services, and hybrid business growth models.

Apply to Freemont Partners, or learn more ➜

25. NCAIR

Location: Mumbai
Industry: Manufacturing Businesses
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

NCAIR or National Center for Aerospace Innovation and Research assists businesses in the niche of the aerospace manufacturing sector. This program acts as a catalyst for collaboration between different industries and research & development organizations. They promote entrepreneurship, innovation, knowledge about business know-how, and economically viable & creative business solutions. This program motivates, empowers, and encourages entrepreneurs to build stringent norms and a strong & developed aerospace ecosystem.

Apply to NCAIR, or learn more ➜

26. Yes Yes, Why Not?

Location: Mumbai
Industry: Art Businesses
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

Yes Yes, Why Not? operates an incubator program for the budding artists of the industry. This incubator program has a multi-disciplinary design studio where they provide mentorship, creative assistance, and training to aspiring art entrepreneurs. This program acts as a kindergarten for creative minds and helps art-based businesses by local, national, and international brands to reach new levels in the industry. They also work with brands under different niches such as; entertainment, hospitality, lifestyle, launch campaigns, and corporate communications and help them to find a viable & creative solution to their business concerns.

Apply to Yes Yes, Why Not?, or learn more ➜

27. BARC Centre for Incubation of Technologies (BARCIT)

Location: Mumbai
Industry: Technology Businesses
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

BARC Centre for Incubation of Technologies (BARCIT) operates a business incubation program that assists startups and businesses that focus on technologies related to; food, water, medical equipment, electron beam welding, laboratory equipment, DAE patents, and other research-based areas. This program aims to provide technical consultancy and access to various other resources to the participants with scientific & engineering knowledge and financial background.

Apply to BARC Centre for Incubation of Technologies (BARCIT), or learn more ➜

28. Atal Incubation Center

Location: Mumbai
Industry: All Industries
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

Atal Incubation Center hosted by the NMIMS University offers incubation services to the entrepreneurs and startups of the industry. They provide participants with mentorship, marketing advice, recruitment, connection building & a networking opportunity with investors, financial business advice, entrepreneurship training, access to seminar halls, technical labs, seminar rooms & many other facilities. This program focuses on supporting entrepreneurs in the niche of healthcare, pharma, manufacturing, engineering, information technology, and other areas of social & national importance.

Apply to Atal Incubation Center, or learn more ➜

29. ISDI

Location: Mumbai
Industry: Design & Technology Industry
Investment Size: Not Disclosed
Program Length: Not Disclosed
Equity Taken: Not Disclosed

ISDI or The Indian School of Design and Innovation is a creative accelerator program powered by Microsoft Ventures. This interdisciplinary business program merges with design & technology to build successful and highly innovative businesses in the industry. They work with the objective and mission to assist organizations to develop deep products and scalable, profitable & sustainable business ventures in the industry by offering them services, deep business strategies, and feasible & viable business technologies.

Apply to ISDI , or learn more ➜

meet the author

Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.

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