Top 21 Incubators & Accelerators in Mumbai

We believe that every startup has a unique journey to pursue, which is based on the idea that requires a right push in the right way. Regardless of the stage of your startup is in, it requires significant guidance to move forward and have successful accomplishments. We have attempted to make a List of Incubators and Accelerators in Mumbai that would help you in making right choices for your Business.

Mumbai isn’t just the well-off city, but the Economic Hub of India, that has various Industrialists, CEOs, Entrepreneurs, Well-known companies, Directors, Producers, Artists, and what not!  The place ‘Mumbai’ has its own culture and architecture that makes it the spot of tourist attraction. Well, a place that is full of life and energetic minds, requires a mentor and a financial supporter for building up the initial base of the dreams.

Top 21 Incubators & Accelerators are as follow:

Incubators & Accelerators in Mumbai

The Rise Accelerator

Being the India’s first FinTech Accelerator Program, The Rise was created by Barclays in partnership with the Zone Startups. It has an intensive 18-week cohort-based program which offers a wide community to interact and collaborate with. It assists companies to gain major milestones throughout the journey.  If you are working on to build an amazing solution based on Finance, cyber security, data analytics, Cryptocurrency, wealth management, insurance and digital banking then this is the place you can consider looking into.

It offers:

  • Mentorship
  • Introduction to key industry experts
  • Access to Barclays technology, insight and expertise
  • Access to Global Community
  • Industry Connections
  • Investors Access

UnLtd India

With a view as to how the socio-economic problems hinder the growth of the country and the economy at large, UnLtd India acts as a launchpad for zealous individuals whose potential ideas can be a solution to the prevailing socio-economic problems. Their major focus is on early-stage social entrepreneurs to help them with providing opportunities and accelerate the growth of their organisation that can have a huge impact on society. If you are an Individual with an innovative Idea that can have positive and sustained Impact at a large scale, therein open to feedback and Incubation, then this is the right place for you to pitch in.

It offers-

  • Piloting and building the idea
  • Personalized Coaching
  • Workshops & Training
  • Networking & Impact measurement

Venture Nursery

Venture Nursery, India’s first angel-backed startup accelerator, is based on the belief that the success of the noteworthy startups plays an important role in the ecosystem. It tends to undertake various mentoring roles and training that would help the entrepreneurs with all the needed support like infrastructural, learning, etc.,

Its portfolio includes Talview, Oyo rooms among many.

It offers-

  • Connect to various Angel investors and Industry experts
  • Access to business support partners
  • Assistance in building a business plan
  • Infrastructural support like working space
  • Helps with legal compliances
  • Intellectual property management

Also Read: 21 Amazing Startup Incubators & Accelerators in Bangalore


Espark Viridian

Espark Viridian Ventures supports early-stage as well as the growth-seeking startups as a Business accelerator across India. Their main idea is based on how they shape the mindsets that in turn shape the entrepreneur in you. With accelerating more than 340 startups, they are playing a major role in the Indian Startup ecosystem. The most unique feature in their program, that sets them apart from others in ‘Enablement’, wherein an Enabler(Startup Coach) is assigned to each startup throughout the journey of the startup in the course.

Frequip, Oranjtag, Carpiko, Garam Box, Findmedz, are some of the startups that gained support from Viridian Ventures in their journey.

It offers-

  • Infrastructural Support
  • Workshops and Events
  • Networking opportunities in global markets
  • Mentors & Trainers

Venture Catalysts

It is one of the India’s Top Startup Incubator which is widely known for its integrated approach. The Approach offers mentorship, funding, networks of successful founders, product experts and Unicorns. It invests in the range of $500 to $1 million, with its wider presence across India, Dubai, UAE and Hongkong. Some of its Incubated Startups – Lenden, Purple Style Labs, Inc42, Supr, Flickstree, Cleardekho, Beardo, Chai Break among many.

It offers:

  • Workspace
  • Conference Rooms
  • Funding & Mentoring
  • Investor Community
  • Industry Connections
  • Events & Conferences

Also Read: Top Angel Investors in Mumbai [With Contact]


Society for Innovation and Entrepreneurship(SINE)

To encourage and develop tech startups, SINE was established as an umbrella organization at IIT Bombay to provide support to tech-based entrepreneurs and ventures. It acts as an incubator and accelerator to startups and helps them in their journey to scale up their business.

Their portfolio comprises various startups with sectors Cleantech, Fintech, IoT, IT/ICT, Medtech, and others. Acuradyne Systems, Ayati Devices, Bellatrix, Ayu Devices, Connect Plus, Chainworks Digital, Inphlox Water Systems, Navork Innovations, etc., are some of the startups showcasing in their portfolio

It offers-

  • Government collaboration
  • Industry-level training from experts
  • Product development & Manufacturing
  • Up to 3 years incubation support
  • Electronics & Prototyping
  • Access to SINE Labs
  • Infrastructural & Tech support
  • Business Network

Amplifi Asia

Being positioned as Asia's leading enterprise tech, SaaS dedicated venture accelerator, Amplifi Asia provides a holistic and magnificent ecosystem for tech startups in Asia. With a hands-on team of successful leaders and experienced entrepreneurs, it tends to provide support to the early-stage ventures in their journey of establishment and Growth. Regions that are mainly focused on them are India, Singapore, Hong Kong, Taiwan, and Israel. Being dedicated to tech-based startups with the main highlights of AI, Blockchain, IoT, AR, and VR are of major concern. They have a wide range of partner networks including Google cloud platform and AWS. The alumni startups of Amplifi Asia are Tellofy, Travdots, Varsito, Keito, Dave.ai, Superwise among many others.

It offers-

  • Mentoring & Guidance
  • Access to global entrepreneurs, advisors, and investors
  • Social media and offline promotions
  • Workshops and Training
  • Networking events

Also Read: 5 Factors to Consider while choosing a Startup Incubator


ISDI Creative Accelerator – Microsoft Ventures

An interdisciplinary accelerator program designed by the Indian School of Design and Innovation (ISDI) and powered by Microsoft Ventures. Their main aim is to create a collated environment of academics, entrepreneurship, industry and capital with an understanding on design thinking. It will provide an opportunity to budding entrepreneurs to launch/restructure their business with a n intensive 6-month program. It would mainly comprise of technology, design and business innovation.

It offers:

  • Access to business support partners
  • Mentoring & Guidance
  • Support in design strategy and branding
  • Capacity building
  • Funding support
  • Investors’ Connection

Zone Startups India

Zone Startups, a Startup accelerator spread across the world, offers strategic guidance to accelerate the market validation of the startups. In addition to providing seed capital and post-funding support, Zone Startups also focuses on networking, customer acquisition, and consulting practices. With a wide range of business experts and mentors, startups can gain in-hand knowledge on various aspects of the business. The focus on sectors is widely spread to Data Analytics, Education, Enterprise, Financial, Health, IoT, Media, and Social.

Its portfolio includes- Actofit, Advenio, Aasaanpay, Difin, Dive, Genecorp, Plackal, Sherelt, Uberlit, Zybra and many more.

It offers-

  • Workspace
  • Access to cloud credits
  • Marketing and promotional opportunities
  • Funding
  • Meeting sessions
  • Networking opportunities
  • Business development counseling

Also Read: Top 10 Startup Incubation Centers in India


Z Nation Lab

The Z Nation Lab recognizes all that is needed to run a startup and tends to achieve success with their strong value proposition to lead the startups to reach the growth stage. With a foothold in the Indian market and presence in Silicon Valley USA, Z Nation lab provides access to global markets and the community. They do not only help in making strategic decisions, scaling up technology, structuring a team, market analysis but also gear up to aid in raising the next round of funding. They are not particular about the kind of sector or industry that the startups focus on, but it is more of being innovative and providing technological solutions to solve the real-world problem.

The portfolio includes Hiotify, GetParking, Knight Fintech, Office Pulse, ONN among many.

It offers-

  • Access to the global community and global market
  • Helps in raising the next round of funding
  • Business and Tech support

Startupbootcamp

With more than 870 startups accelerated, Startupbootcamp provides invaluable support and guidance in the journey of early-stage tech ventures. They have accelerator programs spread across Amsterdam, London, New York, Singapore, Australia, and many others, thus providing access to the global community and market. They work with many leading brands like Intel, Cisco, Mastercard, Deutsche Bank, Airbus Group, Google Cloud, and many others.

It offers-

  • International Networking to mentors, investors, and partners
  • Business & Tech Support
  • Funding
  • Events & Conferences globally

Also Read: 16 Fascinating Coworking Spaces in Mumbai


Scaleminds

It is a business development driven accelerator for high growth startups. With major focus on seed funding, it offers an on-site accelerator program for about 16weeks. They invest upto INR 10 Lakhs along with other benefits like server credits, workspace etc.,

It offers:

  • Mentoring
  • Seed Funding
  • Monitoring outcome
  • Assists in building necessary skills
  • Access to wider community

MITCON Technology Business Incubator Centre

Being promoted by MITCON Consultancy & Engineering Services Ltd., MITCON TBI is sponsored by the Department of Science and Technology, Government of India. It is concentrated on various disciplines in Biotechnology, Agriculture, Food Processing, and Pharmaceutical. As a TBI, the incubator center focuses on rural entrepreneurship that would lead in boosting the economy of the country.

It offers-

  • Consultancy & Training
  • Tech and Business support
  • Specialized services to Biotechnology & Agriculture SMEs
  • Workspace & Information center
  • Computing facilities

NASSCOM 10000 startups

NASSCOM aspires to build and nurture the Indian Startup Ecosystem via various programs under them. They have programs relating to Incubate, Virtual Incubate, NIPP (NASSCOM Industry Partnership Program), and Integrate (Global Acceleration). It is associated with esteemed funding partners which include CrunchBase, Nexus, Indian Angel Network, etc.,

Some of their startups include Asksid, Headway.ai, Bigtrade, Bombay Play and many more

They offer-

  • Community connect
  • Challenges and Hackathons
  • Mentors and Evaluators
  • Consulting sessions
  • Startup kits etc.,

Also Read: Top Startups & Entrepreneurs in Mumbai


Science and Technology Park (Scitech Park)

Being one of the leading Entrepreneurship parks, Scitech is supported jointly by the NSTEDB, Department of Science and Technology, Government of India, and Savitribai Phule Pune University. The primary aim of this park is to provide aid to innovative and tech-based startups in various areas which include Pharma, BIotechnology, Foodtech, Agriculture, Cyber Security, IT, Cleantech, etc.,  It had established an independent Business Incubator “Growth Lab” to support startups in their journey of growth.

Some of the incubated companies include - GisDox, Toshvi, Relationware, iZone Technologies, VB Infotech among many.

It offers-

  • Incubator management
  • Mentoring
  • Access to a wider network
  • Legal & accounting assistance

ISME ACE Accelerator

It is one of India’s largest Fintech Accelerator, with major focus on early stage ventures. It assists startups in developing a scalable business with real customer data. It is the part of India’s largest Innovation & Entrepreneurship Ecosystem which is designed for developing the India’s financial services sector.

It offers:

  • Seed Funding
  • Media Exposure
  • Investor network support
  • Mentorship support
  • Access to financial services partner firms
  • CFO & Legal support

JioGenNext

Reliance Industries backed accelerator, JioGenNext provides an extraordinary platform for startups to flourish in the Jio ecosystem. It aims to help the young-minded and enthusiastic technopreneurs with a spark to achieve growth with speed, scale, and sustainability that is incomparable.

Apiria, Ayasta, Fingage, Payeasy, Zoapi, Puzzelo, Pioctave, Mozzo, etc., are some of the startups accelerated.

It offers-

  • Mentoring & Guidance
  • Networking
  • Business & Tech assistance

Centre for Incubation and Business Acceleration (CIBA)

Being supported by the Department of Science & Technology under the Startup India Action plan, CIBA acts as a support system for startups in their journey of the establishment. From consultation to seed funding and growth acceleration, CIBA aims to provide a collaborative environment to the entrepreneurs and build the startup ecosystem

It offers-

  • Workspace facilities
  • Prototyping lab
  • Management and Networking support
  • Business plan assistance
  • Seed funding
  • Mentoring & Training programs
  • Professional support services (CS, CA, Legal, Branding)

YES Fintech

A platform comprising of YES Bank and Fintech startups that aims to create and develop innovative solutions for the market. Their major focus areas include Digital Payments, Cybersecurity, Big data & Analytics, Digital Banking, Lending, Wealth tech and process automation

It Offers

  • Funding Access & Mentorship
  • Digital Banking Tools
  • Customer Access
  • Global Market

ThinQbate

ThinQbate, a startup incubator, provides an ecosystem to entrepreneurs filled with Knowledge sharing, infrastructure, vast community, and capital adding value to the business. With the partnership with Hatcher+, a data-driven venture firm that uses machine learning and AI to identify early-stage opportunities, Thinqbate will be helped in by them as a significant role in the funding process. Startups include- Calamus, NapNap, Redesyn, Loyalty, Taleho, SuperFan, Physiz, etc.,

It offers-

  • Training & Mentoring
  • Access to a vast community
  • Infrastructural support
  • Backend operations
  • Legal & tax assistance
  • Follow on investment opportunities
  • Business development support

Incubation Center, S.P. Jain Institute of Management and Research (SPJIMR)

SPJIMR plays an important role in promoting entrepreneurship and thereby setting up an Incubation center that helps startups in venturing in the right direction. It is envied for providing opportunities to SPJIMR students, alumni, and faculty. The assistance provided by this center will help startups achieve various milestones in its journey

It offers-

  • Mentoring & Training
  • Business-related assistance
  • Access to potential investors & VCs

Conclusion

This was our list of Incubators & Accelerators in Mumbai. If you are one among them, then connect with us at shubham@startuptalky.com to get featured in the list.

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About Jeenal Jain

  • Bangalore, India