SaaS · Mumbai, India

Best SaaS Companies in Mumbai

Updated 2026-06-15 · Ranked by funding & momentum

2423 indexable SaaS companies headquartered in Mumbai, India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $3.1B across 331 funded companies, including 3 unicorns.

2,423
Companies
$3.1B
Total Funding
331
Funded
3
Unicorns
1
Rounds (90d)

Ranked: Best SaaS companies in Mumbai

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Qure.ai
Provider of AI-powered solutions for medical image analysis and reporting
$122.7M $262.8M
as of 2024
Series D Grant (prize money) Jan 2026 228 2016 ↑ Active
2 Idfy
Provider of a platform for identity verification and risk management
$58.8M $122.1M
as of 2024
Series F Series F Feb 2026 536 2011 ↑ Active
3 Neysa Unicorn
Provider of AI acceleration cloud system with infrastructure and services
$50M $44.2M
as of 2024
Series B Series B Feb 2026 45 2023 ↑ Active
4 GlitterBug Technologies
Provider of cloud computing, software development, and marketing solution services
$59.1M $104.9M
as of 2019
Series B Series B Oct 2025 52 2010 ↑ Active
5 Seclore
Provider of data-centric security software for preventing data theft and compliance
$50.2M $45.8M
as of 2020
Series D Series D Oct 2025 284 2008 ↑ Active
6 Bizongo
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
$252.6M $945.1M
as of 2023
Series E Series E Mar 2025 272 2015 ↑ Active
7 Jai Kisan
Fintech providing credit and financial solutions for farmers, retailers, and MSMEs
$85.6M $179.4M
as of 2023
Series B Series B Apr 2025 158 2017 ↑ Active
8 Mintifi
Provider of supply chain financing solutions for small and medium enterprises
$169.9M $412.5M
as of 2023
Series E Series E Nov 2024 1,310 2017 ↑ Active
9 Entitled
Digital platform for employees with financial and health benefits
$1.7M $3.5M
as of 2023
Seed Grant (prize money) May 2026 32 2019 ↑ Active
10 CredAble
Provider of working capital solutions and supply chain finance programs
$60M $176.3M
as of 2023
Series B Series B Mar 2025 247 2017 ↑ Active
11 CapitalXB Finance
Provider of supply chain finance and business loans for small and medium enterprises
$15M Seed Seed Oct 2025 2023 ↑ Active
12 TruBoard
Provider of asset management software for real estate and energy
$2.7M $12.5M
as of 2022
Seed Seed Feb 2026 289 2020 ↑ Active
13 BharatGen
Developer of artificial intelligence models, datasets, and upskilling programs
$11.3M Funding Raised Grant (prize money) Sep 2025 2024 ↑ Active
14 Wondrlab
Provider of marketing and digital transformation solutions for businesses
$12.4M $64.9M
as of 2024
Seed Seed Jun 2025 26 2020 ↑ Active
15 Zaggle
Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows
$2M $474.9M
as of 2022
Public Post IPO Dec 2025 401 2011 ↑ Active
16 Fire AI
AI powered decision support software for enterprises
$1.2M Seed Seed Jan 2026 2024 ↑ Active
17 Yodaplus
Provider of technology solutions for financial, supply chain, and blockchain sectors
$2M Seed Angel Sep 2025 36 2016 ↑ Active
18 Pathpulse
Provider of information technology consulting services
$900K Seed Grant (prize money) Dec 2025 2024 ↑ Active
19 Infini Systems
Provides software & mobile app development services
$22.1M Series B Series B Sep 2024 75 2005 ↑ Active
20 Grexa
AI-powered WhatsApp agent for Google Business Profile optimization
$1.8M Seed Seed Jul 2025 2024 ↑ Active
21 GreyLabs
AI-powered speech analytics solutions for enterprises
$1.6M $12.5M
as of 2024
Series A Series A Jul 2025 2023 ↑ Active
22 Mobileware Tech
Developer of software solutions for the insurance and banking management
$2.3M $8.9M
as of 2021
Acquired Seed Mar 2025 67 2010 ↑ Active
23 QubeHealth
Provider of a credit line for employees' healthcare expenses and payments
$5.1M $16.4M
as of 2024
Seed Seed Oct 2024 14 2019 ↑ Active
24 Navana
Provider of voice artificial intelligence solutions for enterprise applications
$1.5M Seed Seed Jun 2025 5 2018 ↑ Active
25 Thelightbulb
Provider of AI tools for market research and consumer insights
$1.5M $5.8M
as of 2022
Seed Grant (prize money) May 2025 20 2021 ↑ Active
26 Orbo
AI-powered visual intelligence solutions for the beauty and personal care sector
$4.8M $13.1M
as of 2024
Series A Grant (prize money) Sep 2024 28 2016 ↑ Active
27 3ioSetu
Provider of software for temple management, donations, and devotee engagement
$1M Seed Angel Jun 2025 2016 ↑ Active
28 Futwork
Provider of AI-powered contact center solutions
$4M $6.8M
as of 2022
Series A Series A Sep 2024 49 2016 ↑ Active
29 IFAnow
Provider of financial planning, wealth management, and business operations solutions
$568.8K $4M
as of 2021
Seed Angel Jul 2025 54 2011 ↑ Active
30 TATHYA
Provider of an AI-enabled platform for monitoring commodity supply chain trends
$488K $2.3M
as of 2021
Seed Seed Jul 2025 8 2019 ↑ Active
31 Veefin
Provider of supply chain finance technology and digital lending solutions
$3M Public Post IPO Dec 2024 165 2020 ↑ Active
32 BrowserStack Unicorn
Provider of web and mobile application testing and management platform
$253.3M $4B
as of 2021
Series B Series B Jun 2021 1,001 2011
33 FinQY
Provider of a technology platform for financial product distribution
$3.5M $10.2M
as of 2024
Seed Seed Aug 2024 107 2019 ↑ Active
34 QuikrJobs
Online job vertical of Quikr
$369.6M $565.7M
as of 2020
Unfunded Jul 2019 2008
35 Flickstree
AI based affiliate marketing platform for enterprises
$9.6M $29.5M
as of 2024
Series A Series A May 2024 46 2016
36 Riskcovry
Provider of a platform for digital insurance distribution and management
$14.4M $43.8M
as of 2024
Series A Series A Jan 2024 121 2018
37 Shink
Platform for AI-validated, community-endorsed skill profiles
$112.7K Seed Seed Oct 2025 2025 ↑ Active
38 Riggle
B2B SaaS platform digitizing FMCG supply chains through order management, and sales automation
$536.9K Seed Seed Feb 2025 2021 ↑ Active
39 Adya
Cloud-based AI operating system that enables businesses to build and deploy customized AI agents and enterprise apps
$1.3M $7.2M
as of 2024
Seed Seed Sep 2024 25 2023 ↑ Active
40 Intelligence Node
Provider of AI-driven eCommerce platform for retail analytics and optimization
$17.2M $21.3M
as of 2023
Acquired Series B Jun 2023 111 2012
41 Assert AI
Developer of computer vision software for real-time operational intelligence
$7.1M $9.6M
as of 2022
Series A Series A Apr 2024 60 2018
42 Syncthreads
Provider of artificial intelligence, photonics, embedded systems, and RF services
$27.1K Seed Angel Feb 2026 2014 ↑ Active
43 BillDesk Unicorn
Provider of an online payment gateway platform
$185.7M $1.6B
as of 2019
Series D Series D Jan 2019 756 2000
44 Data Science Wizards
AI based data science platform for enterprises
$1.9M $15.7M
as of 2024
Seed Seed Jul 2024 25 2019 ↑ Active
45 AGS Transact Technologies
Provider of end-to-end payment processing solutions for merchants and businesses
$81M $242.4M
as of 2012
Public Conventional Debt Mar 2021 1,106 2002
46 WebEngage
Provider of a platform for customer engagement and retention solutions
$32.7M $87.6M
as of 2022
Series B Series B Jun 2022 418 2011
47 Hashtag Loyalty
Customer engagement and marketing automation solutions for businesses
$16.5M $15M
as of 2023
Series A Series A Apr 2023 44 2014
48 NymbleUp
Limited information available
$533.8K $1.7M
as of 2022
Seed Seed Dec 2024 4 2019 ↑ Active
49 Kentrix
Platform offering AI-based tools for data analysis, automation, and workflow support
$520.3K Series A Series A Jan 2025 2021 ↑ Active
50 Markytics
Business consulting and analytics firm
$478.9K Seed Seed Jan 2025 25 2019 ↑ Active

Top 12 SaaS companies in Mumbai

#1
Qure.ai Series D
$122.7M Raised
expand_more
#1

Qure.ai Series D

location_onMumbai, Maharashtra
Founded
2016
Employees
228
Funding raised
$122.7M
Valuation
$262.8M · 2024
Stage
Series D

Provider of AI-powered solutions for medical image analysis and reporting. It offers tools for chest X ray reporting, lung nodule management, and stroke and tuberculosis identification. It provides a platform for screening programs and case management, enabling care coordination and monitoring of program developments.

Funding rounds (5 disclosed of 9)
Round Date Amount
Grant (prize money) Jan 2026 Undisclosed
Series D Sep 2024 $65M
Series C May 2024 $1.7M
Grant (prize money) Jun 2023 Undisclosed
Grant (prize money) 2023 Undisclosed
Series C Apr 2022 Undisclosed
3 earlier rounds — sign up free
Tech stack
amazon web servicescloudflarecloudflare bot managementcookie scriptdatadogfont awesome+14
#2
Idfy Series F
$58.8M Raised
expand_more
#2

Idfy Series F

location_onMumbai, Maharashtra
Founded
2011
Employees
536
Funding raised
$58.8M
Valuation
$122.1M · 2024
Stage
Series F

Provider of a platform for identity verification and risk management. The platform offers tools for customer and workforce governance throughout their lifecycle. It focuses on frictionless onboarding, verifiable identities, and faster revenue generation. The platform aims to reduce onboarding friction, prevent fraud, and accelerate time-to-revenue. It helps detect and mitigate risk in real time, reducing financial an

Funding rounds (11 disclosed of 12)
Round Date Amount
Series F Feb 2026 $24.3M
Series E May 2024 $10.8M
Series E Mar 2024 $6.6M
Series D Sep 2021 $12.5M
Series A Aug 2020 $2.1M
Series A Jul 2018 $72.7K
6 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon s3amazon web servicesautoptimizecdnjscloudflare+14
#3
Neysa Unicorn Series B
$50M Raised
expand_more
#3

Neysa Unicorn Series B

location_onMumbai, Maharashtra
Founded
2023
Employees
45
Funding raised
$50M
Valuation
$44.2M · 2024
Stage
Series B

Provider of AI acceleration cloud system with infrastructure and services. The system offers GPU-as-a-Service, AI Platform-as-a-Service, and Inference-as-a-Service. It provides unified monitoring and management, along with orchestration and MLOps capabilities. The system includes security and control features, an AI catalog, and a marketplace ecosystem. It serves industries such as technical education, insurance, ban

Funding rounds (3 disclosed of 3)
Round Date Amount
Series B Feb 2026 $600M
Series A Oct 2024 $30M
Seed Mar 2024 $20M
Tech stack
cloudflarecloudflare bot managementcore-jsgodaddygoogle analyticsgoogle tag manager+14
#4
$59.1M Raised
expand_more
#4

GlitterBug Technologies Series B

location_onMumbai, Maharashtra
Founded
2010
Employees
52
Funding raised
$59.1M
Valuation
$104.9M · 2019
Stage
Series B

Provider of cloud computing, software development, and marketing solution services

Funding rounds (8 disclosed of 8)
Round Date Amount
Series B Oct 2025 $7.3M
Series B Mar 2019 $13.5M
Series B Nov 2018 $4.3M
Series B Jan 2018 $14.8M
Series A May 2017 $3.4M
Series A Dec 2016 $4M
2 earlier rounds — sign up free
Tech stack
mobirisebootstrapamazon web servicesjquerygoogle font apiamazon s3+2
#5
Seclore Series D
$50.2M Raised
expand_more
#5

Seclore Series D

location_onMumbai, Maharashtra
Founded
2008
Employees
284
Funding raised
$50.2M
Valuation
$45.8M · 2020
Stage
Series D

Provider of data-centric security software for preventing data theft and compliance. The platform facilitates discovery, classification, protection, monitoring, and tracking of sensitive digital assets. It offers digital asset classification, enterprise digital rights management, and risk insights. The platform provides APIs, SDKs, and email encryption. It integrates with data loss prevention, cloud access security b

Funding rounds (10 disclosed of 11)
Round Date Amount
Series D Oct 2025 $1M
Series D 2025 Undisclosed
Series C May 2022 $27M
Series B Dec 2020 $176.7K
Series B Mar 2018 $3.7M
Series B Jan 2016 $12M
5 earlier rounds — sign up free
Tech stack
addthisamazon web servicesastrabugherdcloudflarecloudflare bot management+14
#6
Bizongo Series E
$252.6M Raised
expand_more
#6

Bizongo Series E

location_onMumbai, Maharashtra
Founded
2015
Employees
272
Funding raised
$252.6M
Valuation
$945.1M · 2023
Stage
Series E

Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions. It offers features including digital vendor management, material procurement management, supply chain financing, packaging sourcing, purchase order management, and more. It caters to multiple industries including packaging, textiles, apparel, and more.

Funding rounds (12 disclosed of 15)
Round Date Amount
Series E Mar 2025 $4.5M
Series E Oct 2023 $50M
Series D Aug 2022 $25M
Grant (prize money) Dec 2021 Undisclosed
Series D Nov 2021 $110.8M
Series C Apr 2021 $51M
9 earlier rounds — sign up free
Founders & key people
Tech stack
amazon sesamazon web servicesclevertapcloudflarecloudflare bot managementcore-js+14
#7
Jai Kisan Series B
$85.6M Raised
expand_more
#7

Jai Kisan Series B

location_onMumbai, Maharashtra
Founded
2017
Employees
158
Funding raised
$85.6M
Valuation
$179.4M · 2023
Stage
Series B

Fintech providing credit and financial solutions for farmers, retailers, and MSMEs. The company empowers rural India by offering timely access to affordable credit through technology. It focuses on supporting the growth of farmers, retailers, and MSMEs by addressing their financial needs with innovative solutions. The platform offers various products including retailer apps and credit checks. It aims to impact liveli

Funding rounds (6 disclosed of 10)
Round Date Amount
Series B Apr 2025 $3M
Conventional Debt Jul 2022 Undisclosed
Series B Jul 2022 $50M
Venture Debt Aug 2021 $3.4M
Series A May 2021 $30M
Conventional Debt May 2021 Undisclosed
4 earlier rounds — sign up free
Tech stack
apple icloud mailcloudflaregoogle analyticsgoogle workspacehstshttp/3+6
#8
Mintifi Series E
$169.9M Raised
expand_more
#8

Mintifi Series E

location_onMumbai, Maharashtra
Founded
2017
Employees
1,310
Funding raised
$169.9M
Valuation
$412.5M · 2023
Stage
Series E

Provider of supply chain financing solutions for small and medium enterprises. It offers inventory financing and invoice payment solutions. The business provides credit lines and working capital loans. It facilitates invoice reconciliation and early payment discounts. The company offers integration with enterprise resource planning systems.

Funding rounds (6 disclosed of 6)
Round Date Amount
Series E Nov 2024 $100M
Series D Mar 2023 $110M
Series C Feb 2022 $40.2M
Series B Mar 2021 $6M
Series A May 2019 $11.8M
Seed Sep 2017 $2M
Tech stack
amazon cloudfrontamazon s3amazon web servicesaws certificate managerbootstrapcdnjs+14
#9
Entitled Seed
$1.7M Raised
expand_more
#9

Entitled Seed

location_onMumbai, Maharashtra
Founded
2019
Employees
32
Funding raised
$1.7M
Valuation
$3.5M · 2023
Stage
Seed

Digital platform for employees with financial and health benefits. It is a financial and health inclusion platform for employers and enable access to financial, health, and government benefits for their low-income workers.

Funding rounds (4 disclosed of 6)
Round Date Amount
Grant (prize money) May 2026 Undisclosed
Seed Nov 2023 $1.3M
Angel Jul 2022 $63.4K
Seed Oct 2021 $268.9K
Seed Mar 2020 Undisclosed
Angel Jan 2020 $28.1K
Tech stack
cdnjscloudflarecloudflare turnstilegoogle analyticsgoogle font apigoogle hosted libraries+8
#10
CredAble Series B
$60M Raised
expand_more
#10

CredAble Series B

location_onMumbai, Maharashtra
Founded
2017
Employees
247
Funding raised
$60M
Valuation
$176.3M · 2023
Stage
Series B

Provider of working capital solutions and supply chain finance programs. The company offers platforms for early payments, receivables financing, and digital KYC. It facilitates trade financing, loan origination, and embedded finance solutions. The business provides programs for enterprises, financial institutions, and small to medium sized businesses.

Funding rounds (9 disclosed of 10)
Round Date Amount
Series B Mar 2025 $4.1M
Conventional Debt Jun 2024 $3.6M
Series B Nov 2023 $10M
Series B Aug 2022 $9M
Series B Oct 2021 $15.1M
Series B Oct 2020 $4.5M
4 earlier rounds — sign up free
Tech stack
addtoanyaddtoany share buttonsakismetanimate.cssanime.jsapache http server+14
#11
$15M Raised
expand_more
#11

CapitalXB Finance Seed

location_onMumbai, Maharashtra
Founded
2023
Funding raised
$15M
Stage
Seed

Provider of supply chain finance and business loans for small and medium enterprises. Services include sales and purchase invoice discounting, factoring for freight forwarders, and deep tier financing. These financial solutions assist businesses in managing cash flow and securing capital for operational needs.

Funding rounds (1 disclosed of 2)
Round Date Amount
Seed Oct 2025 $15M
Conventional Debt Oct 2025 Undisclosed
Founders & key people
Tech stack
apple icloud mailbootstrapfancyboxgodaddygoogle analyticsjquery+5
#12
TruBoard Seed
$2.7M Raised
expand_more
#12

TruBoard Seed

location_onMumbai, Maharashtra
Founded
2020
Employees
289
Funding raised
$2.7M
Valuation
$12.5M · 2022
Stage
Seed

Provider of asset management software for real estate and energy. This platform facilitates performance monitoring, compliance tracking, and financial reporting for infrastructure projects. It enables users to manage construction workflows, sales documentation, and operational data for renewable energy assets. The software also supports retail loan portfolio servicing, including collection strategies and account reso

Funding rounds (2 disclosed of 2)
Round Date Amount
Seed Feb 2026 $2.2M
Seed May 2022 $2.8M
Tech stack
aosbootstrapbootstrap iconsgodaddygoogle analyticshsts+6

Recent signals in Mumbai SaaS

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Funding & investor landscape

Total raised
$3.1B
across these companies
Companies funded
331
with disclosed funding
Highest-funded
$369.6M raised

Most active investors

S SINE 15 investments in SaaS ZI Zone Startups India 15 investments in SaaS L LetsVenture 14 investments in SaaS VC Venture Catalysts 12 investments in SaaS IV Inflection Point Ventures 11 investments in SaaS MS Maharashtra State Innovation Society 9 investments in SaaS A Accel 8 investments in SaaS AL Angel List 8 investments in SaaS BV Blume Venture 8 investments in SaaS IN Indian Angel Network 7 investments in SaaS R Riidl 7 investments in SaaS SR Startup Reseau 7 investments in SaaS

Notable founders in Mumbai SaaS

PW Prashant Warier Co-Founder & CEO Qure.ai · $122.7M raised
KS Kaushik Shah Co-Founder Idfy · $58.8M raised
WR Wriju Ray Co-Founder & CBO Idfy · $58.8M raised
NH Narayanswamy Hariharan Co-Founder Idfy · $58.8M raised
VJ Vineet Jawa Co Founder & Director Idfy · $58.8M raised
AH Ashok Hariharan Co-Founder & CEO Idfy · $58.8M raised
AD Anindya Das Co-Founder & CTO Neysa · $50M raised
SA Sachin Agrawal Co-Founder Bizongo · $252.6M raised
AA Arjun Ahluwalia Co-Founder & CEO Jai Kisan · $85.6M raised
AM Adriel Maniego Co-Founder Jai Kisan · $85.6M raised
SS Sanjoy Shome Co-Founder & COO Mintifi · $169.9M raised
AA Anup Agarwal Co-Founder & CEO Mintifi · $169.9M raised

Frequently asked questions

How many SaaS companies are there in Mumbai?
Radar tracks 2423 indexable SaaS companies headquartered in Mumbai, India, that meet our profile-completeness bar.
What is the total funding raised by SaaS companies in Mumbai?
The SaaS companies in Mumbai on this list have raised a combined $3.1B in disclosed equity funding across 331 funded companies.
Which is the highest-funded SaaS company in Mumbai?
QuikrJobs is the highest-funded SaaS company in Mumbai, with $369.6M in disclosed equity funding.
How many SaaS companies in Mumbai are funded?
331 of the 2423 SaaS companies in Mumbai on this list have disclosed at least one equity funding round.
How many SaaS unicorns are there in Mumbai?
3 SaaS companies in Mumbai on this list are valued at $1B or more.
Who are the top investors in Mumbai SaaS companies?
The most active investors in Mumbai SaaS companies on this list include SINE, Zone Startups India, LetsVenture, Venture Catalysts, Inflection Point Ventures.

Related company lists

Other sectors in Mumbai:

SaaS in other cities:

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-15.

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