Radar · SaaS in Mumbai
Best SaaS Companies in Mumbai
The 2423 best SaaS companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: QuikrJobs.
By Riya SenguptaFinancials
2423companies tracked
$3.1Bdisclosed funding
3unicorns
349have raised
Sector wealth & growth · validated company filings
$190,833median revenue
-13%median YoY growth
$266Mcombined revenue pool
44companies reporting
Biggest earners Netweb Technologies India Limited ($134M, +59% YoY), Esds Software Solution Limited ($42M, +26% YoY), Nxtgen Cloud Technologies Private Limited ($28M, +9% YoY), E2E Networks Limited ($19M, +74% YoY)
FLIAR INTELLIGENCE · SAAS × MUMBAI
Our analysis of 400 SaaS companies
$13.4b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
400companies analysed
89%cloud-native stacks
2021funding peak (by rounds)
14unicorns
2017median founding year
1.5Mcombined LinkedIn audience
45%of audience held by top 3
6companies hiring publicly (12 mo)
Ranked: Best SaaS companies in Mumbai
| # | Company | Disclosed funding | Revenue | Revenue YoY | Employees | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | BillDesk 🦄 Provider of an online payment gateway platform 76News top 17%Moat top 17%Market top 18%Talent top 28% All 10 signals ▾Newstop 17% Moattop 17% Markettop 18% Talenttop 28% Fundingtop 29% Producttop 30% Fin. healthtop 32% Growthtop 47% Techbottom 44% Globalbottom 39% News: 9 BI events in 12 mo (of 51 tracked, 6 types) · +800% YoY Moat: Top 1% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 9/10 rank vs industry peers · Fliar Intelligence Index 76/100 | $186M | $296M FY2024 | -12% | 756 756 → 788 (+4%) · sector median +30% | 2000 | Tailwind CSSAOSGoogle Analytics+2 | 1 partnership · 4 awards |
| 2 | Zaggle Platform designed to streamline business spends, payments, and rewards through automated and innovative… 82Fin. health top 19%Partners top 20%Tech top 26%Moat top 26% All 13 signals ▾Fin. healthtop 19% Partnerstop 20% Techtop 26% Moattop 26% Growthtop 27% Markettop 28% Customerstop 32% Talenttop 32% Producttop 33% Fundingtop 34% Newstop 35% Innovationtop 50% Globalbottom 37% Fin. health: Revenue ~$220M (FY2026) · Net margin 7.2% Partners: 3 partnership announcements in 12 mo (3 in 24 mo) · 25 contract events in 12 mo rank vs industry peers · Fliar Intelligence Index 82/100 | $2M | $220M FY2026 | +46% | 401 | 2011 | Node.jsTailwind CSSAnt Design+24 | — |
| 3 | BrowserStack 🦄 Provider of web and mobile application testing and management platform 82Market top 19%Fin. health top 25%Moat top 26%Talent top 28% All 9 signals ▾Markettop 19% Fin. healthtop 25% Moattop 26% Talenttop 28% Fundingtop 30% Techtop 36% Globaltop 41% Growthbottom 47% Newsbottom 34% Market: 1,001 employees (top 9% of SaaS) · Revenue ~$184M Fin. health: Revenue ~$184M (FY2021) · Net margin 19.4% rank vs industry peers · Fliar Intelligence Index 82/100 | $253M | $184M FY2024 | +10% | 1,001 1,001 → 1,797 (+80%) · sector median +30% | 2011 | WordPressSentryMySQL+15 | — |
| 4 | AGS Transact Technologies Provider of end-to-end payment processing solutions for merchants and businesses 57Market top 21%Moat top 22%Funding top 28%Fin. health top 33% All 11 signals ▾Markettop 21% Moattop 22% Fundingtop 28% Fin. healthtop 33% Producttop 35% Globaltop 42% Innovationtop 43% Talentbottom 49% Techbottom 37% Newsbottom 26% Growthbottom 21% Market: 1,106 employees (top 8% of SaaS) · Revenue ~$182M Moat: Top 2% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 6/10 rank vs industry peers · Fliar Intelligence Index 57/100 | $81M | $182M FY2024 | — | 1,106 | 2002 | Amazon Web ServicesGoogle Font APISucuri+3 | — |
| 5 | Mintifi Provider of supply chain financing solutions for small and medium enterprises 82Moat top 21%Market top 26%Funding top 27%Talent top 28% All 10 signals ▾Moattop 21% Markettop 26% Fundingtop 27% Talenttop 28% Fin. healthtop 29% Growthtop 36% Producttop 36% Techtop 39% Globalbottom 39% Newsbottom 21% Moat: Top 4% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 Market: 1,310 employees (top 5% of Fintech) · Revenue ~$67.3M rank vs industry peers · Fliar Intelligence Index 82/100 | $170M | $67M FY2025 | +42% | 1,310 1,310 → 1,327 (+1%) · sector median +30% | 2017 | BootstrapReactAmazon Web Services+11 | 2 job openings |
| 6 | CredAble Provider of working capital solutions and supply chain finance programs 74Moat top 20%Talent top 22%Funding top 31%Fin. health top 32% All 8 signals ▾Moattop 20% Talenttop 22% Fundingtop 31% Fin. healthtop 32% Techtop 35% Markettop 36% Growthtop 47% Globalbottom 39% Moat: Top 1% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 8/10 Talent: Analyst team rating 5/5 · 4 named leaders on record rank vs industry peers · Fliar Intelligence Index 74/100 | $60M | $59M FY2025 | — | 247 247 → 220 (-11%) · sector median +30% | 2017 | WordPressMySQLPHP+41 | 1 launch · 2 awards |
| 7 | Wondrlab Provider of marketing and digital transformation solutions for businesses 69Moat top 22%News top 29%Fin. health top 29%Talent top 30% All 10 signals ▾Moattop 22% Newstop 29% Fin. healthtop 29% Talenttop 30% Growthtop 31% Fundingtop 34% Markettop 43% Techbottom 48% Productbottom 39% Globalbottom 37% Moat: Top 1% by revenue among 648 tracked MarketingTech companies · Editorial + unicorn rating 7/10 News: 8 BI events in 12 mo (of 60 tracked, 8 types) · +14% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $12M | $54M FY2025 | +141% | 26 | 2020 | PHPYouTubeBootstrap+10 | 1 launch · 2 partnerships |
| 8 | Seclore Provider of data-centric security software for preventing data theft and compliance 84Tech top 20%Funding top 22%Growth top 26%News top 26% All 12 signals ▾Techtop 20% Fundingtop 22% Growthtop 26% Newstop 26% Globaltop 29% Innovationtop 30% Markettop 31% Moattop 31% Producttop 34% Talenttop 38% Fin. healthtop 40% Customersbottom 35% Tech: 76 technologies across 6/8 capability areas · Cloud: Amazon Web Services, Cloudflare Funding: Raised $50.2M across 10 rounds · 10 rounds over 17 yrs (0.6/yr) rank vs industry peers · Fliar Intelligence Index 84/100 | $50M | $25M FY2025 | +53% | 284 284 → 497 (+75%) · sector median +30% | 2008 | WordPress Block EditorWordPressBugHerd+38 | — |
| 9 | Bizongo Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions 62Moat top 21%Funding top 26%Market top 36%Tech top 36% All 11 signals ▾Moattop 21% Fundingtop 26% Markettop 36% Techtop 36% Producttop 41% AItop 45% Talentbottom 49% Fin. healthbottom 48% Growthbottom 43% Globalbottom 39% Newsbottom 27% Moat: Top 4% by revenue among 334 tracked E-Commerce Enablers companies · Editorial + unicorn rating 8/10 Funding: Raised $253M across 12 rounds · 12 rounds over 11 yrs (1.1/yr) rank vs industry peers · Fliar Intelligence Index 62/100 | $253M | $23M FY2023 | +37% | 272 | 2015 | WebflowYouTubeGoogle Cloud+21 | — |
| 10 | Idfy Provider of a platform for identity verification and risk management 83Tech top 18%Moat top 20%Talent top 23%Funding top 24% All 9 signals ▾Techtop 18% Moattop 20% Talenttop 23% Fundingtop 24% Growthtop 31% Markettop 32% Producttop 32% Fin. healthtop 39% Globalbottom 39% Tech: 74 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Moat: Top 1% by revenue among 135 tracked GRC Software companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 83/100 | $59M | $23M FY2025 | +30% | 536 536 → 917 (+71%) · sector median +30% | 2011 | WordPressMySQLPHP+29 | — |
| 11 | Qure.ai Provider of AI-powered solutions for medical image analysis and reporting 80Funding top 20%Moat top 21%Tech top 30%AI top 30% All 11 signals ▾Fundingtop 20% Moattop 21% Techtop 30% AItop 30% Producttop 30% Markettop 31% Growthtop 43% Talenttop 44% Fin. healthtop 47% Globalbottom 47% Newsbottom 33% Funding: Raised $123M across 5 rounds · 5 rounds over 6 yrs (0.8/yr) Moat: Top 4% by revenue among 28 tracked Clinical Labs IT companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 80/100 | $123M | $23M FY2025 | +24% | 228 228 → 418 (+83%) · sector median +30% | 2016 | Node.jsZohoHeadless UI+18 | 1 partnership |
| 12 | WebEngage Provider of a platform for customer engagement and retention solutions 78Moat top 22%Market top 23%Tech top 25%Funding top 30% All 13 signals ▾Moattop 22% Markettop 23% Techtop 25% Fundingtop 30% Producttop 30% Globaltop 31% Partnerstop 32% Talenttop 38% Innovationtop 39% AItop 45% Fin. healthtop 49% Growthbottom 43% Newsbottom 31% Moat: Top 2% by revenue among 648 tracked MarketingTech companies · Editorial + unicorn rating 7/10 Market: 418 employees (top 17% of SaaS) · Revenue ~$18.9M rank vs industry peers · Fliar Intelligence Index 78/100 | $33M | $19M FY2025 | +6% | 418 418 → 369 (-12%) · sector median +30% | 2011 | Apple iCloud MailGoogle WorkspaceJava+28 | 4 partnerships · 1 award |
| 13 | Intelligence Node Provider of AI-driven eCommerce platform for retail analytics and optimization 72Moat top 24%Funding top 31%Global top 31%Market top 34% All 11 signals ▾Moattop 24% Fundingtop 31% Globaltop 31% Markettop 34% Talenttop 38% AItop 45% Producttop 46% Techtop 47% Fin. healthtop 47% Growthbottom 48% Newsbottom 24% Moat: Top 7% by revenue among 122 tracked Big Data Analytics companies · Editorial + unicorn rating 7/10 Funding: Raised $17.2M across 7 rounds · 7 rounds over 12 yrs (0.6/yr) rank vs industry peers · Fliar Intelligence Index 72/100 | $17M | $10M FY2024 | +14% | 111 111 → 138 (+24%) · sector median +30% | 2012 | PHPUbuntuBootstrap+25 | 1 expansion · 1 award |
| 14 | FinQY Provider of a technology platform for financial product distribution 55Talent top 28%Moat top 32%Fin. health top 37%Market top 43% All 10 signals ▾Talenttop 28% Moattop 32% Fin. healthtop 37% Markettop 43% Growthtop 46% Fundingtop 48% Techbottom 40% Productbottom 40% Globalbottom 37% Newsbottom 18% Talent: 4 named leaders on record · 4 C-suite/founder profiles curated Moat: Top 13% by revenue among 363 tracked Banking Tech companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 55/100 | $3M | $10M FY2025 | +57% | 107 | 2019 | PHPGoogle MapsYouTube+13 | 3 job openings · 1 internship |
| 15 | Veefin Provider of supply chain finance technology and digital lending solutions 74Fin. health top 17%Product top 24%Moat top 30%Growth top 31% All 12 signals ▾Fin. healthtop 17% Producttop 24% Moattop 30% Growthtop 31% Markettop 34% Newstop 41% Innovationtop 43% Fundingtop 43% Talenttop 45% Globaltop 50% Techbottom 45% Partnersbottom 43% Fin. health: Revenue ~$9.5M (FY2025) · Net margin 29.9% Product: 2 distinct product lines · Company stage: Public rank vs industry peers · Fliar Intelligence Index 74/100 | $3M | $10M FY2025 | +222% | 165 | 2020 | PHPUbuntuGSAP+17 | 3 job openings |
| 16 | GlitterBug Technologies Provider of cloud computing, software development, and marketing solution services 45Funding top 28%Moat top 34%Market top 36%Fin. health bottom 42% All 8 signals ▾Fundingtop 28% Moattop 34% Markettop 36% Fin. healthbottom 42% Growthbottom 41% Globalbottom 38% Techbottom 22% Newsbottom 22% Funding: Raised $59.1M across 8 rounds · 8 rounds over 12 yrs (0.7/yr) Moat: Top 19% by revenue among 3054 tracked IT Services companies · Editorial + unicorn rating 2/10 rank vs industry peers · Fliar Intelligence Index 45/100 | $59M | $7M FY2025 | — | 52 | 2010 | — | — |
| 17 | TruBoard Provider of asset management software for real estate and energy 45Talent top 28%Moat top 32%Growth top 33%Market top 50% All 11 signals ▾Talenttop 28% Moattop 32% Growthtop 33% Markettop 50% Fundingbottom 48% Fin. healthbottom 48% Productbottom 42% Newsbottom 38% Innovationbottom 37% Techbottom 35% Globalbottom 32% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Moat: Top 14% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 45/100 | $3M | $6M FY2025 | +30% | 289 289 → 211 (-27%) · sector median +30% | 2020 | UbuntuBootstrapNginx+8 | 1 job opening |
| 18 | Flickstree AI based affiliate marketing platform for enterprises 48Moat top 15%Talent top 28%Innovation top 34%Funding top 36% All 13 signals ▾Moattop 15% Talenttop 28% Innovationtop 34% Fundingtop 36% Producttop 37% Markettop 43% AItop 45% Customerstop 48% Globalbottom 39% Fin. healthbottom 36% Growthbottom 28% Techbottom 24% Newsbottom 22% Moat: Top 4% by revenue among 648 tracked MarketingTech companies · Editorial + unicorn rating 7/10 Talent: Analyst team rating 4/5 · 4 named leaders on record rank vs industry peers · Fliar Intelligence Index 48/100 | $10M | $6M FY2025 | -25% | 46 46 → 61 (+33%) · sector median +30% | 2016 | UbuntuGSAPApache HTTP Server+7 | — |
| 19 | Riskcovry Provider of a platform for digital insurance distribution and management 76Growth top 27%Tech top 27%Moat top 27%Talent top 28% All 9 signals ▾Growthtop 27% Techtop 27% Moattop 27% Talenttop 28% Fundingtop 35% Markettop 40% Fin. healthtop 42% Globalbottom 39% Newsbottom 22% Growth: Headcount 101 → 121 (+20%) across vintages · Revenue +116% YoY Tech: 47 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 76/100 | $14M | $5M FY2025 | +116% | 121 121 → 137 (+13%) · sector median +30% | 2018 | WordPressZohoMySQL+29 | 1 launch · 1 award |
| 20 | Mobileware Tech Developer of software solutions for the insurance and banking management 62Product top 26%Fin. health top 33%Innovation top 34%Growth top 35% All 11 signals ▾Producttop 26% Fin. healthtop 33% Innovationtop 34% Growthtop 35% Moattop 36% Talenttop 38% Marketbottom 49% Fundingbottom 49% Techbottom 46% Globalbottom 37% Newsbottom 18% Product: 5 distinct product lines · Company stage: Acquired Fin. health: Revenue ~$4.0M (FY2024) · Net margin 4.9% rank vs industry peers · Fliar Intelligence Index 62/100 | $2M | $4M FY2025 | +99% | 67 | 2010 | WordPressMySQLZoho+30 | 1 job opening |
| 21 | Infini Systems Provides software & mobile app development services 64Growth top 21%Product top 39%Innovation top 40%Funding top 41% All 9 signals ▾Growthtop 21% Producttop 39% Innovationtop 40% Fundingtop 41% Markettop 42% Moattop 44% Fin. healthtop 46% Globalbottom 32% Techbottom 22% Growth: Headcount 55 → 75 (+36%) across vintages · Revenue +2768% YoY Product: 2 distinct product lines · 2 published apps (3.8k installs) rank vs industry peers · Fliar Intelligence Index 64/100 | $22M | $4M FY2025 | +2768% | 75 | 2005 | — | — |
| 22 | Jai Kisan Fintech providing credit and financial solutions for farmers, retailers, and MSMEs 37Moat top 20%Funding top 32%Talent top 38%Product top 40% All 11 signals ▾Moattop 20% Fundingtop 32% Talenttop 38% Producttop 40% Innovationtop 43% Markettop 48% Techbottom 40% Globalbottom 39% Growthbottom 35% Fin. healthbottom 23% Newsbottom 21% Moat: Top 17% by revenue among 1177 tracked Crop Tech companies · Editorial + unicorn rating 8/10 Funding: Raised $85.6M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) rank vs industry peers · Fliar Intelligence Index 37/100 | $86M | $4M FY2025 | -36% | 158 | 2017 | WebflowApple iCloud MailGoogle Workspace+9 | — |
| 23 | Neysa 🦄 Provider of AI acceleration cloud system with infrastructure and services 82AI top 20%Innovation top 21%Funding top 22%Growth top 24% All 12 signals ▾AItop 20% Innovationtop 21% Fundingtop 22% Growthtop 24% Moattop 25% Newstop 32% Producttop 33% Techtop 38% Markettop 47% Fin. healthtop 48% Talentbottom 49% Globalbottom 39% AI: Classified as an AI company Innovation: 4 new-product events in 24 mo · Deep-tech classification: Artificial Intelligence rank vs industry peers · Fliar Intelligence Index 82/100 | $50M | $3M FY2025 | +15195% | 45 | 2023 | WordPress Site EditorWordPressZoho+34 | — |
| 24 | Futwork Provider of AI-powered contact center solutions 78Tech top 28%Talent top 28%Growth top 30%Moat top 31% All 13 signals ▾Techtop 28% Talenttop 28% Growthtop 30% Moattop 31% Innovationtop 33% AItop 35% Customerstop 35% Producttop 40% Fundingtop 44% Fin. healthtop 44% Markettop 50% Globalbottom 39% Newsbottom 18% Tech: 45 technologies across 5/8 capability areas · Cloud: Amazon Ses, Amazon Web Services Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 78/100 | $4M | $2M FY2025 | +42% | 49 | 2016 | Cart FunctionalityApexCharts.jsBootstrap+23 | 1 expansion |
| 25 | QubeHealth Provider of a credit line for employees' healthcare expenses and payments 50Growth top 28%Moat top 28%Funding top 38%Talent top 38% All 10 signals ▾Growthtop 28% Moattop 28% Fundingtop 38% Talenttop 38% Fin. healthtop 50% Marketbottom 43% Productbottom 40% Globalbottom 39% Techbottom 37% Newsbottom 18% Growth: Revenue +50% YoY · Fresh capital in last 24 mo Moat: Top 14% by revenue among 1371 tracked HRTech companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 50/100 | $5M | $2M FY2025 | +50% | 14 | 2019 | UbuntuAnimate.cssPlyr+10 | — |
| 26 | Yodaplus Provider of technology solutions for financial, supply chain, and blockchain sectors 60Innovation top 23%AI top 35%Fin. health top 40%Funding top 46% All 12 signals ▾Innovationtop 23% AItop 35% Fin. healthtop 40% Fundingtop 46% Producttop 48% Moattop 48% Techtop 49% Growthbottom 49% Talentbottom 49% Marketbottom 42% Globalbottom 30% Newsbottom 22% Innovation: 8 product lines · Deep-tech classification: Blockchain AI: Product described with: ai-driven, artificial intelligence rank vs industry peers · Fliar Intelligence Index 60/100 | $2M | $1M FY2025 | +11% | 36 36 → 57 (+58%) · sector median +30% | 2016 | BootstrapEmailJSGoogle Workspace+13 | — |
| 27 | Data Science Wizards AI based data science platform for enterprises 69Talent top 23%Moat top 24%Tech top 26%AI top 30% All 12 signals ▾Talenttop 23% Moattop 24% Techtop 26% AItop 30% Fin. healthtop 31% Growthtop 36% Innovationtop 48% Productbottom 48% Marketbottom 44% Fundingbottom 43% Globalbottom 32% Newsbottom 23% Talent: 5 named leaders on record · 5 C-suite/founder profiles curated Moat: Top 5% by revenue among 78 tracked AI Infrastructure companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $2M | $1M FY2025 | +173% | 25 | 2019 | WordPressMySQLPHP+27 | — |
| 28 | Kentrix Platform offering AI-based tools for data analysis, automation, and workflow support 60Growth top 28%Fin. health top 36%AI top 45%Talent top 45% All 8 signals ▾Growthtop 28% Fin. healthtop 36% AItop 45% Talenttop 45% Markettop 50% Techbottom 47% Fundingbottom 42% Globalbottom 25% Growth: Revenue +37% YoY · Fresh capital in last 24 mo Fin. health: Revenue ~$1.1M (FY2025) · Net margin 18.0% rank vs industry peers · Fliar Intelligence Index 60/100 | $520K | $1M FY2025 | +37% | — | 2021 | WordPressPleskMySQL+25 | — |
| 29 | Assert AI Developer of computer vision software for real-time operational intelligence 55Talent top 28%AI top 30%Moat top 33%Growth top 35% All 11 signals ▾Talenttop 28% AItop 30% Moattop 33% Growthtop 35% Producttop 47% Fundingbottom 47% Marketbottom 45% Fin. healthbottom 43% Techbottom 38% Globalbottom 38% Newsbottom 18% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated AI: Classified as an AI company · Product described with: computer vision rank vs industry peers · Fliar Intelligence Index 55/100 | $7M | $965K FY2025 | +46% | 60 60 → 67 (+12%) · sector median +30% | 2018 | WordPressMySQLPHP+8 | — |
| 30 | Orbo AI-powered visual intelligence solutions for the beauty and personal care sector 45AI top 22%Talent top 28%Funding top 33%Moat top 38% All 12 signals ▾AItop 22% Talenttop 28% Fundingtop 33% Moattop 38% Techtop 40% Producttop 50% Innovationbottom 47% Marketbottom 40% Globalbottom 39% Growthbottom 36% Fin. healthbottom 25% Newsbottom 21% AI: Classified as an AI company · Product described with: ai-powered, computer vision, deep learning Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 45/100 | $5M | $674K FY2025 | -100% | 28 28 → 42 (+50%) · sector median +30% | 2016 | UbuntuYouTubeBootstrap+16 | — |
| 31 | Entitled Digital platform for employees with financial and health benefits 48Growth top 30%Moat top 32%Talent top 38%Funding top 41% All 9 signals ▾Growthtop 30% Moattop 32% Talenttop 38% Fundingtop 41% Techtop 47% Fin. healthbottom 43% Marketbottom 36% Globalbottom 32% Newsbottom 22% Growth: Headcount 29 → 32 (+10%) across vintages · Revenue +45% YoY Moat: Top 24% by revenue among 1371 tracked HRTech companies · Editorial + unicorn rating 5/10 rank vs industry peers · Fliar Intelligence Index 48/100 | $2M | $662K FY2025 | +45% | 32 32 → 52 (+62%) · sector median +30% | 2019 | WebflowFreshworks CRMCloudflare Turnstile+14 | — |
| 32 | Markytics Business consulting and analytics firm 45AI top 35%Growth top 40%Talent top 45%Tech top 48% All 9 signals ▾AItop 35% Growthtop 40% Talenttop 45% Techtop 48% Moattop 48% Fin. healthbottom 49% Fundingbottom 43% Marketbottom 33% Globalbottom 29% AI: Product described with: artificial intelligence, machine learning Growth: Revenue +8% YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 45/100 | $479K | $469K FY2025 | +8% | 25 | 2019 | BootstrapReact RouterReact+11 | — |
| 33 | GreyLabs AI-powered speech analytics solutions for enterprises 62AI top 26%Growth top 28%Talent top 28%Moat top 30% All 9 signals ▾AItop 26% Growthtop 28% Talenttop 28% Moattop 30% Fundingtop 36% Techtop 46% Marketbottom 45% Globalbottom 37% Fin. healthbottom 31% AI: Classified as an AI company · Product described with: ai-powered, generative ai Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 62/100 | $2M | $451K FY2025 | — | — | 2023 | Node.jsRadix UIGoogle Cloud+16 | 1 partnership · 1 award |
| 34 | NymbleUp Limited information available 55Growth top 23%Talent top 28%Tech top 34%Moat top 45% All 10 signals ▾Growthtop 23% Talenttop 28% Techtop 34% Moattop 45% Fundingbottom 44% Fin. healthbottom 42% Productbottom 40% Globalbottom 37% Marketbottom 31% Newsbottom 18% Growth: Revenue +63% YoY · Fresh capital in last 24 mo Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 55/100 | $534K | $357K FY2025 | +63% | 4 | 2019 | WordPressMySQLPHP+21 | — |
| 35 | Navana Provider of voice artificial intelligence solutions for enterprise applications 40AI top 30%Talent top 38%Tech top 40%Moat top 41% All 9 signals ▾AItop 30% Talenttop 38% Techtop 40% Moattop 41% Growthtop 45% Fundingbottom 44% Globalbottom 37% Fin. healthbottom 35% Marketbottom 29% AI: Classified as an AI company · Product described with: artificial intelligence Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 40/100 | $1M | $251K FY2025 | +39% | 5 | 2018 | Framer SitesReactCloudflare+11 | — |
| 36 | TATHYA Provider of an AI-enabled platform for monitoring commodity supply chain trends 40Growth top 20%Talent top 35%AI top 45%Funding bottom 49% All 8 signals ▾Growthtop 20% Talenttop 35% AItop 45% Fundingbottom 49% Fin. healthbottom 40% Techbottom 36% Globalbottom 36% Marketbottom 16% Growth: Revenue +41% YoY · Fresh capital in last 24 mo Talent: 4 named leaders on record rank vs industry peers · Fliar Intelligence Index 40/100 | $488K | $245K FY2025 | +41% | 8 | 2019 | — | — |
| 37 | IFAnow Provider of financial planning, wealth management, and business operations solutions 48Growth top 32%Tech top 34%Talent top 35%Moat top 47% All 9 signals ▾Growthtop 32% Techtop 34% Talenttop 35% Moattop 47% Productbottom 45% Fundingbottom 42% Fin. healthbottom 40% Marketbottom 33% Globalbottom 29% Growth: Headcount 49 → 54 (+10%) across vintages · Revenue +76% YoY Tech: 34 technologies across 5/8 capability areas · Cloud: Amazon Ses, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 48/100 | $569K | $233K FY2025 | +76% | 54 54 → 70 (+30%) · sector median +30% | 2011 | TypeScriptNode.jsAmazon Web Services+21 | — |
| 38 | 3ioSetu Provider of software for temple management, donations, and devotee engagement 57Growth top 11%Talent top 35%Fin. health top 44%Funding bottom 46% All 7 signals ▾Growthtop 11% Talenttop 35% Fin. healthtop 44% Fundingbottom 46% Techbottom 37% Marketbottom 33% Globalbottom 33% Growth: Revenue +253% YoY · Fresh capital in last 24 mo Talent: 3 named leaders on record rank vs industry peers · Fliar Intelligence Index 57/100 | $1M | $229K FY2025 | +253% | — | 2016 | Google Font APIFont Awesomecdnjs+7 | 1 partnership |
| 39 | Adya Cloud-based AI operating system that enables businesses to build and deploy customized AI agents and… 55AI top 20%Innovation top 25%Growth top 38%Talent top 38% All 11 signals ▾AItop 20% Innovationtop 25% Growthtop 38% Talenttop 38% Producttop 43% Fundingbottom 48% Moatbottom 48% Fin. healthbottom 43% Techbottom 42% Globalbottom 37% Marketbottom 31% AI: Classified as an AI company Innovation: 9 product lines · Deep-tech classification: Artificial Intelligence rank vs industry peers · Fliar Intelligence Index 55/100 | $1M | $213K FY2025 | +115% | 25 | 2023 | Node.jsUbuntuRadix UI+9 | 1 launch |
| 40 | Thelightbulb Provider of AI tools for market research and consumer insights 72Growth top 20%Innovation top 25%Tech top 28%Talent top 28% All 11 signals ▾Growthtop 20% Innovationtop 25% Techtop 28% Talenttop 28% AItop 30% Moattop 33% Fundingtop 45% Producttop 45% Globalbottom 43% Fin. healthbottom 38% Marketbottom 32% Growth: Revenue +68% YoY · Web rank 10,000,000 → 5,000,000 YoY Innovation: 9 product lines · Deep-tech classification: Artificial Intelligence rank vs industry peers · Fliar Intelligence Index 72/100 | $2M | $187K FY2025 | +68% | 20 20 → 26 (+30%) · sector median +30% | 2021 | WordPressMySQLPHP+19 | 3 launchs |
| 41 | Hashtag Loyalty Customer engagement and marketing automation solutions for businesses 24Innovation top 33%Tech top 34%Product top 36%News top 40% All 10 signals ▾Innovationtop 33% Techtop 34% Producttop 36% Newstop 40% Moattop 41% Fundingtop 44% Globalbottom 37% Marketbottom 34% Growthbottom 25% Fin. healthbottom 18% Innovation: 6 product lines Tech: 30 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 24/100 | $16M | $129K FY2021 | — | 44 | 2014 | Cart FunctionalitySentryTypeScript+22 | — |
| 42 | Syncthreads Provider of artificial intelligence, photonics, embedded systems, and RF services 42Growth top 12%AI top 45%Talent top 45%Fin. health top 48% All 8 signals ▾Growthtop 12% AItop 45% Talenttop 45% Fin. healthtop 48% Fundingbottom 44% Techbottom 29% Globalbottom 25% Marketbottom 21% Growth: Revenue +3987% YoY · Fresh capital in last 24 mo AI: Product described with: artificial intelligence rank vs industry peers · Fliar Intelligence Index 42/100 | $27K | $92K FY2025 | +3987% | — | 2014 | Animate.cssBootstrapApache HTTP Server+7 | — |
| 43 | CapitalXB Finance Provider of supply chain finance and business loans for small and medium enterprises 27Growth top 21%Talent bottom 49%Funding bottom 47%Fin. health bottom 37% All 7 signals ▾Growthtop 21% Talentbottom 49% Fundingbottom 47% Fin. healthbottom 37% Globalbottom 34% Techbottom 28% Marketbottom 22% Growth: Revenue +1799% YoY · Fresh capital in last 24 mo Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 27/100 | $15M | $66K FY2025 | +1799% | — | 2023 | Apple iCloud MailMicrosoft 365Ubuntu+8 | — |
| 44 | Riggle B2B SaaS platform digitizing FMCG supply chains through order management, and sales automation 21Growth top 30%Talent bottom 45%Funding bottom 40%Fin. health bottom 37% All 7 signals ▾Growthtop 30% Talentbottom 45% Fundingbottom 40% Fin. healthbottom 37% Moatbottom 32% Globalbottom 25% Marketbottom 13% Growth: Revenue +229% YoY · Fresh capital in last 24 mo Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 21/100 | $537K | $24K FY2025 | +229% | — | 2021 | — | — |
| 45 | Pathpulse Provider of information technology consulting services 22AI top 20%Talent top 28%Growth top 35%Funding bottom 48% All 10 signals ▾AItop 20% Talenttop 28% Growthtop 35% Fundingbottom 48% Techbottom 48% Globalbottom 48% Productbottom 40% Fin. healthbottom 8% Customersbottom 8% Marketbottom 7% AI: Classified as an AI company Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 22/100 | $900K | $5K FY2025 | — | — | 2024 | FirebaseTailwind CSSReact Router+9 | — |
| 46 | Fire AI AI powered decision support software for enterprises 29Growth top 28%Tech top 40%Funding top 42%AI top 45% All 10 signals ▾Growthtop 28% Techtop 40% Fundingtop 42% AItop 45% Talentbottom 49% Productbottom 40% Globalbottom 37% Moatbottom 34% Marketbottom 18% Fin. healthbottom 8% Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo Tech: 23 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 29/100 | $1M | $2K FY2025 | — | — | 2024 | TurbopackNode.jsRadix UI+18 | 2 partnerships |
| 47 | Shink Platform for AI-validated, community-endorsed skill profiles 22Talent bottom 45%Funding bottom 43%Product bottom 40%Global bottom 25% All 4 signals ▾Talentbottom 45% Fundingbottom 43% Productbottom 40% Globalbottom 25% Talent: 1 named leader on record Funding: Raised $113k across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 22/100 | $113K | — | — | — | 2025 | — | — |
| 48 | BharatGen Developer of artificial intelligence models, datasets, and upskilling programs 35AI top 30%Funding top 39%Talent bottom 49%Market bottom 37% All 6 signals ▾AItop 30% Fundingtop 39% Talentbottom 49% Marketbottom 37% Globalbottom 36% Techbottom 29% AI: Classified as an AI company · Product described with: artificial intelligence Funding: Raised $11.3M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 35/100 | $11M | — | — | — | 2024 | WordPressMySQLPHP+14 | 1 award |
| 49 | Grexa AI-powered WhatsApp agent for Google Business Profile optimization 37Growth top 28%Talent top 28%AI top 35%Tech top 36% All 9 signals ▾Growthtop 28% Talenttop 28% AItop 35% Techtop 36% Fundingtop 49% Productbottom 40% Globalbottom 36% Marketbottom 18% Fin. healthbottom 8% Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 37/100 | $2M | — | — | — | 2024 | Node.jsRadix UITailwind CSS+15 | 2 job openings · 1 award |
| 50 | QuikrJobs Online job vertical of Quikr 69Moat top 12%Customers top 22%Market top 24%Tech top 27% All 11 signals ▾Moattop 12% Customerstop 22% Markettop 24% Techtop 27% Fundingtop 39% Talenttop 39% Fin. healthbottom 44% Productbottom 41% Globalbottom 38% Newsbottom 36% Growthbottom 35% Moat: Top 8% by revenue among 1371 tracked HRTech companies · Editorial + unicorn rating 9/10 Customers: Play-Store rating 4.24★ across 882,765 ratings (2 apps) · Review volume +0% in 6 mo rank vs industry peers · Fliar Intelligence Index 69/100 | $370M | — | — | — | 2008 | WordPressMySQLPHP+20 | — |
Top 12 SaaS companies in Mumbai
#1
Series D · Mumbai, Maharashtra · founded 2016 · 228 employees$122.7Mraised▾
Series D · Mumbai, Maharashtra · founded 2016 · 228 employees
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.
Fliar Intelligence Index™ 80how this company ranks against its industry peers
Funding
top 20%Moat
top 21%Tech
top 30%AI
top 30%Product
top 30%Market
top 31%Funding: Raised $123M across 5 rounds · 5 rounds over 6 yrs (0.8/yr) · Last round Grant (prize money) (Jan 2026)
Moat: Top 4% by revenue among 28 tracked Clinical Labs IT companies · Editorial + unicorn rating 8/10 · Soonicorn
Tech: 38 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare · Observability: Datadog, Sentry
Audience (LinkedIn): 171k LinkedIn followers — 11.2% of this cohort's audience
Activity (LinkedIn): 1 partnerships announced in 12 mo
Funding rounds
- Jan 2026Grant (prize money)—
- Sep 2024Series D$65M
- May 2024Series C$1.7M
- Jun 2023Grant (prize money)—
Founders & team
Investors
MassMutual Ventures, Redwood Trust, Peak XV Partners, HealthQuad, Novo Holdings, Merck
Tech stack
Amazon Web ServicesCloudflareCloudflare Bot ManagementCookie ScriptDatadogFont Awesome
#2
Series F · Mumbai, Maharashtra · founded 2011 · 536 employees$58.8Mraised▾
Series F · Mumbai, Maharashtra · founded 2011 · 536 employees
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 and operational losses. The platform also transforms compliance into a growth engine through centralized automation.
Fliar Intelligence Index™ 83how this company ranks against its industry peers
Tech
top 18%Moat
top 20%Talent
top 23%Funding
top 24%Growth
top 31%Market
top 32%Tech: 74 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy
Moat: Top 1% by revenue among 135 tracked GRC Software companies · Editorial + unicorn rating 8/10 · Soonicorn
Talent: 6 named leaders on record · 5 C-suite/founder profiles curated
Audience (LinkedIn): 114k LinkedIn followers — 7.5% of this cohort's audience
Funding rounds
- Feb 2026Series F$24.3M
- May 2024Series E$10.8M
- Mar 2024Series E$6.6M
- Sep 2021Series D$12.5M
Founders & team
Investors
Blume Venture, Trifecta Capital, New Enterprise Associates, Dream Incubator, Nava Limited, IndiaMART
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAutoptimizeCdnjsCloudflare
#3
Neysa 🦄Series B · Mumbai, Maharashtra · founded 2023 · 45 employees$50Mraised▾
Neysa 🦄
Series B · Mumbai, Maharashtra · founded 2023 · 45 employees
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, banking, e-commerce, manufacturing, and digital startups.
Fliar Intelligence Index™ 82how this company ranks against its industry peers
AI
top 20%Innovation
top 21%Funding
top 22%Growth
top 24%Moat
top 25%News
top 32%AI: Classified as an AI company
Innovation: 4 new-product events in 24 mo · Deep-tech classification: Artificial Intelligence
Funding: Raised $50.0M across 3 rounds · 3 rounds over 2 yrs (1.5/yr) · Last round Series B (Feb 2026)
Audience (LinkedIn): 48k LinkedIn followers — 3.1% of this cohort's audience
Funding rounds
- Feb 2026Series B$600M
- Oct 2024Series A$30M
- Mar 2024Seed$20M
Founders & team
Investors
Nexus Venture Partners, NTTVC, Anchorage Capital Group, Blume Venture, Z47, SAB Holding
Tech stack
CloudflareCloudflare Bot ManagementCore-JsGodaddyGoogle AnalyticsGoogle Tag Manager
#4
Series B · Mumbai, Maharashtra · founded 2010 · 52 employees$59.1Mraised▾
Series B · Mumbai, Maharashtra · founded 2010 · 52 employees
Provider of cloud computing, software development, and marketing solution services
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Funding
top 28%Moat
top 34%Market
top 36%Fin. health
bottom 42%Growth
bottom 41%Global
bottom 38%Funding: Raised $59.1M across 8 rounds · 8 rounds over 12 yrs (0.7/yr) · Last round Series B (Oct 2025)
Moat: Top 19% by revenue among 3054 tracked IT Services companies · Editorial + unicorn rating 2/10
Market: 52 employees · Revenue ~$6.6M · Top 19% by revenue among 3054 tracked IT Services peers
Funding rounds
- Oct 2025Series B$7.3M
- Mar 2019Series B$13.5M
- Nov 2018Series B$4.3M
- Jan 2018Series B$14.8M
Investors
Accel, Catamaran, Elevation Capital, Transamerica Ventures, AVANA Capital, Aegon
Tech stack
MobiriseBootstrapAmazon Web ServicesJqueryGoogle Font ApiAmazon S3
#5
Series D · Mumbai, Maharashtra · founded 2008 · 284 employees$50.2Mraised▾
Series D · Mumbai, Maharashtra · founded 2008 · 284 employees
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 brokers, and SIEM tools.
Fliar Intelligence Index™ 84how this company ranks against its industry peers
Tech
top 20%Funding
top 22%Growth
top 26%News
top 26%Global
top 29%Innovation
top 30%Tech: 76 technologies across 6/8 capability areas · Cloud: Amazon Web Services, Cloudflare · Devops: Envoy, Nginx
Funding: Raised $50.2M across 10 rounds · 10 rounds over 17 yrs (0.6/yr) · Last round Series D (Oct 2025)
Growth: Headcount 219 → 284 (+30%) across vintages · Revenue +53% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 153k LinkedIn followers — 10.0% of this cohort's audience
Funding rounds
- Oct 2025Series D$1M
- 2025Series D—
- May 2022Series C$27M
- Dec 2020Series B$176.7K
Founders & team
Investors
Trifecta Capital, Helion Venture Partners, India Alternatives, Sistema Asia Capital, Systime Global Solution, Sistema
Tech stack
AddthisAmazon Web ServicesAstraBugherdCloudflareCloudflare Bot Management
#6
Series E · Mumbai, Maharashtra · founded 2015 · 272 employees$252.6Mraised▾
Series E · Mumbai, Maharashtra · founded 2015 · 272 employees
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.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Moat
top 21%Funding
top 26%Market
top 36%Tech
top 36%Product
top 41%AI
top 45%Moat: Top 4% by revenue among 334 tracked E-Commerce Enablers companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $253M across 12 rounds · 12 rounds over 11 yrs (1.1/yr) · Last round Series E (Mar 2025)
Market: 272 employees (top 22% of Fintech) · Revenue ~$23.1M · ~1% of tracked E-Commerce Enablers revenue (334 cos, FY2025)
Funding rounds
- Mar 2025Series E$4.5M
- Oct 2023Series E$50M
- Aug 2022Series D$25M
- Dec 2021Grant (prize money)—
Founders & team
Investors
Schroders Capital, British International Investment, International Finance Corp, Chiratae Ventures, IFC, B Capital
Tech stack
Amazon SesAmazon Web ServicesClevertapCloudflareCloudflare Bot ManagementCore-Js
#7
Series B · Mumbai, Maharashtra · founded 2017 · 158 employees$85.6Mraised▾
Series B · Mumbai, Maharashtra · founded 2017 · 158 employees
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 livelihoods in rural areas by providing financial services. The company uses technology to deliver financial solutions, promoting financial inclusion and economic development in rural communities. It is a B2B and B2C platform with social impact.
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Moat
top 20%Funding
top 32%Talent
top 38%Product
top 40%Innovation
top 43%Market
top 48%Moat: Top 17% by revenue among 1177 tracked Crop Tech companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $85.6M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) · Last round Series B (Apr 2025)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 71k LinkedIn followers — 4.6% of this cohort's audience
Funding rounds
- Apr 2025Series B$3M
- Jul 2022Conventional Debt—
- Jul 2022Series B$50M
- Aug 2021Venture Debt$3.4M
Founders & team
Investors
Trifecta Capital, Syngenta Group, Blume Venture, Arkam Ventures, NABVENTURES, Prophetic Ventures
Tech stack
Apple Icloud MailCloudflareGoogle AnalyticsGoogle WorkspaceHstsHttp/3
#8
Series E · Mumbai, Maharashtra · founded 2017 · 1310 employees$169.9Mraised▾
Series E · Mumbai, Maharashtra · founded 2017 · 1310 employees
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.
Fliar Intelligence Index™ 82how this company ranks against its industry peers
Moat
top 21%Market
top 26%Funding
top 27%Talent
top 28%Fin. health
top 29%Growth
top 36%Moat: Top 4% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 · Soonicorn
Market: 1,310 employees (top 5% of Fintech) · Revenue ~$67.3M · Top 4% by revenue among 743 tracked Alternative Lending peers
Funding: Raised $170M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) · Last round Series E (Nov 2024)
Audience (LinkedIn): 39k LinkedIn followers — 2.5% of this cohort's audience
Hiring (LinkedIn): 5 hiring posts in 12 mo (public) · momentum +1 · hiring: Relationship Executive, Senior Manager – Business Development (Supply Chain Financing)
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
- Nov 2024Series E$100M
- Mar 2023Series D$110M
- Feb 2022Series C$40.2M
- Mar 2021Series B$6M
Founders & team
Investors
Growth Catalyst Partners, IFC, Prosus, Ontario Teachers' Pension Plan, Premji Invest, Elevation Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerBootstrapCdnjs
#9
Seed · Mumbai, Maharashtra · founded 2019 · 32 employees$1.7Mraised▾
Seed · Mumbai, Maharashtra · founded 2019 · 32 employees
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.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Growth
top 30%Moat
top 32%Talent
top 38%Funding
top 41%Tech
top 47%Fin. health
bottom 43%Growth: Headcount 29 → 32 (+10%) across vintages · Revenue +45% YoY · Fresh capital in last 24 mo
Moat: Top 24% by revenue among 1371 tracked HRTech companies · Editorial + unicorn rating 5/10
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 14k LinkedIn followers
Funding rounds
- May 2026Grant (prize money)—
- Nov 2023Seed$1.3M
- Jul 2022Angel$63.4K
- Oct 2021Seed$268.9K
Founders & team
Investors
Security and Intelligence Services, Ciieinitiatives, CIIE, HDFC Capital, Bharat Inclusion Initiative, HDFC Bank
Tech stack
CdnjsCloudflareCloudflare TurnstileGoogle AnalyticsGoogle Font ApiGoogle Hosted Libraries
#10
Series B · Mumbai, Maharashtra · founded 2017 · 247 employees$60Mraised▾
Series B · Mumbai, Maharashtra · founded 2017 · 247 employees
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.
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Moat
top 20%Talent
top 22%Funding
top 31%Fin. health
top 32%Tech
top 35%Market
top 36%Moat: Top 1% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 8/10 · Soonicorn
Talent: Analyst team rating 5/5 · 4 named leaders on record · 4 C-suite/founder profiles curated
Funding: Raised $60.0M across 9 rounds · 9 rounds over 9 yrs (1.0/yr) · Last round Series B (Mar 2025)
Audience (LinkedIn): 73k LinkedIn followers — 4.8% of this cohort's audience
Activity (LinkedIn): 1 product launches · 2 awards announced in 12 mo
Funding rounds
- Mar 2025Series B$4.1M
- Jun 2024Conventional Debt$3.6M
- Nov 2023Series B$10M
- Aug 2022Series B$9M
Founders & team
Investors
Equentia Natural Resources, Maharashtra State Innovation Society, Alpha Capital, Aarin Capital, SLK Software, Adventz
Tech stack
AddtoanyAddtoany Share ButtonsAkismetAnimate.CssAnime.JsApache Http Server
#11
Seed · Mumbai, Maharashtra · founded 2023$15Mraised▾
Seed · Mumbai, Maharashtra · founded 2023
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.
Fliar Intelligence Index™ 27how this company ranks against its industry peers
Growth
top 21%Talent
bottom 49%Funding
bottom 47%Fin. health
bottom 37%Global
bottom 34%Tech
bottom 28%Growth: Revenue +1799% YoY · Fresh capital in last 24 mo
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $15.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Oct 2025)
Audience (LinkedIn): 10k LinkedIn followers
Funding rounds
- Oct 2025Seed$15M
- Oct 2025Conventional Debt—
Founders & team
Investors
Compagnie De Developpement De Leau
Tech stack
Apple Icloud MailBootstrapFancyboxGodaddyGoogle AnalyticsJquery
#12
Seed · Mumbai, Maharashtra · founded 2020 · 289 employees$2.7Mraised▾
Seed · Mumbai, Maharashtra · founded 2020 · 289 employees
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 resolution management.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Talent
top 28%Moat
top 32%Growth
top 33%Market
top 50%Funding
bottom 48%Fin. health
bottom 48%Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 14% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 4/10 · 9 curated direct competitors tracked
Growth: Headcount 158 → 289 (+83%) across vintages · Revenue +30% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 9k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Electrical Design Engineer
Funding rounds
- Feb 2026Seed$2.2M
- May 2022Seed$2.8M
Founders & team
Investors
Desai Family Private Trust, Polestar Capital, Siddha Shankar Securities, Yogiraj Securities, Sonpari Securities, HDFC Capital
Tech stack
AosBootstrapBootstrap IconsGodaddyGoogle AnalyticsHsts
Funding & investor landscape
$3.1Btotal disclosed funding
331companies funded
769disclosed rounds
1rounds last 90 days
Most active investors
Notable founders
Prashant Warier
Co-Founder & CEO · Qure.ai
Kaushik Shah
Co-Founder · Idfy
Wriju Ray
Co-Founder & CBO · Idfy
Anindya Das
Co-Founder & CTO · Neysa
Vishal Gauri
Chief Executive Officer · Seclore
Sachin Agrawal
Co-Founder · Bizongo
Arjun Ahluwalia
Co-Founder & CEO · Jai Kisan
Adriel Maniego
Co-Founder · Jai Kisan
Sanjoy Shome
Co-Founder & COO · Mintifi
Anup Agarwal
Co-Founder & CEO · Mintifi
Anshul Khurana
Co-Founder · Entitled
Arpan Jain
Co-Founder · Entitled
Prism market signals · India · country-scoped Prism corpus, 612,688 docs
Market landscape — 10 sub-themes by coverage
Share of SaaS coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding flat · growth rising
RESEARCH IN MUMBAI · Networking & Security
How research on Cloud Computing in Mumbai is moving
A read on the academic research around Cloud Computing in Mumbai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 54 papers.
University of Mumbai and IIT Bombay lead Mumbai's optimistically-toned cloud-computing research, predominantly exploring IoT/edge computing and resource management, with blockchain security emerging recently.
54 papers · stance +0.34 · 45% breakthrough · 26% concern
top institutions
- University of Mumbai34
- Indian Institute of Technology Bombay16
- Bhabha Atomic Research Center Hospital2
- Tata Institute of Fundamental Research1
- Bombay College of Pharmacy1
leading researchers
Gautam Pandey · Tigadikar, Sheetal Anand · Biplab Banerjee · Anant Manish Singh · Ansari, Bismillah Mohammad Husain · Banerjee, Rajib
prism intelligence · tone & topics
91% positive · 6% critical tone
BusinessArtificial IntelligenceSoftware DevelopmentSoftwareCybersecurityFinance
▲
Breakthroughs17 · 31%
▲ 0%→33% share
0 median citations100% since 2021mostly methods-led
Air quality index and pollution monitoring research newly dominates breakthroughs, capturing 33% field-share across 6 papers.
rising sub-themes (early→recent)
- Air quality index2
- Upload2
- Air pollution2
- Environmental monitoring2
- Environmental data2
Landmark Optimized Self‐Guided Quantum Generative Adversarial Network Based Scheduling Framework for Efficient Resource Utilizati · 6 cites
◆
Advancements11 · 20%
▲ 0%→18% share
0 median citations82% since 2021mostly methods-led
Scalability research newly emerged, leading advancements with 5 papers and driving 18% field-share growth.
rising sub-themes (early→recent)
- Scalability5
- Wireless2
- Enhanced Data Rates for GSM Evolution2
- Edge computing2
- CloudSim2
Newly emergingScalability 0→5
Landmark An Approach for Selecting Software-as-a-Service (SaaS) Product · 278 cites
▼
Concerns10 · 19%
▲ 0%→20% share
0 median citations100% since 2021mostly empirical
Emerging technologies and big data risks newly surfaced, together accounting for 7 papers and 20% field-share.
rising sub-themes (early→recent)
- Emerging technologies4
- Big data3
- Digital transformation2
- Higher education2
- Information technology2
Newly emergingEmerging technologies 0→4 · Big data 0→3
PATENT MOMENTUM · Mumbai
Who's building cloud computing IP in Mumbai
EMC leads Mumbai's cloud-computing patent activity with 4 of 7 filings, and activity shows a modest rising trend, with output increasing in 2021.
7 patents3 companiespeak 2/yr
filing momentum (YoY)
top patenters
- EMC4Mumbai
- Intuit2Mumbai
- Hari Krishna Exports1Mumbai
Common 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.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.