About Manufacturing Tech sector in Mumbai, India
The Manufacturing Tech sector in Mumbai, India comprises 72 companies, including 19 funded companies having collectively raised $182M in venture capital money and private equity. Out of these, 9 are Series A+ funded, and 1 has achieved unicorn status.
Manufacturing Tech sector in Mumbai, India has seen 1 acquisition.
This sector includes companies providing software solutions that assist manufacturers throughout the manufacturing value chain. From product design, prototyping, simulation, production analysis, monitoring, and equipment maintenance, etc. Also, include companies that offer robots/automated machines for handling manufacturing operations.
Manufacturing Tech sector is also known as Industrial Software, Factory Automation Software, Industrial Automation Software, Computer Integrated Manufacturing or Industrial Tech.
Companies included in Manufacturing Tech
PLM suites, CAD, engineering analysis solutions, manufacturing execution solutions, process control software, asset maintenance, EHS tools, and robots for manufacturingCompanies excluded in Manufacturing Tech
Consulting companies, resellers, service providers, and hardware companies including 3D printers. Outbound logistics from Supply Chain software are not included. Generic business intelligence and workforce management solutions which do not have manufacturing companies as their primary customer base are not included. Solutions for mining, packaging, and construction sectors are also excluded.Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
Acquisitions
Also known as
Industrial Software or Factory Automation Software
Top Manufacturing Tech Companies in Mumbai, India
There are more than 72 companies in Manufacturing Tech in Mumbai, India. JSW One MSME is the top Manufacturing Tech company in Mumbai, India, ranked using Tracxn Score (what's this?).
Here are 5 of the top Manufacturing Tech companies in Mumbai, India:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Retailer of various steel products including mild, stainless, and structural | Mumbai (India) | 2020 | Series B | $91.6M | |
Online B2B rental platform offering heavy machinery and other equipment | Mumbai (India) | 2014 | Acquired | $36.2M | |
Provider of cloud-based software for streamlining manufacturing business processes | Mumbai (India) | 2017 | Series A | $8.09M | |
Provider of turnkey electronics and custom parts contract manufacturing services | Mumbai (India) | 2018 | Series A | $10.1M | |
Online B2B platform for industrial supply | Mumbai (India) | 2015 | Series A | $6.69M |
Companies founded year-on-year in the Manufacturing Tech sector in Mumbai
7 Manufacturing Tech startups in Mumbai were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 1 |
2023 | 3 |
2022 | - |
2021 | 3 |
2020 | 6 |
2019 | 7 |
2018 | 7 |
2017 | 5 |
Stage-wise distribution of Manufacturing Tech sector companies in Mumbai
Out of the total 72 Manufacturing Tech companies in Mumbai, 19 have secured funding. Among them, 9 have reached Series A or higher, and 3 to Series B or beyond.
Founded - 72
Funded - 19
Series A+ - 9
Series B+ - 3
Series C+ - 2
Company Stage | No. of companies |
|---|---|
Founded | 72 |
Funded | 19 |
Series A+ | 9 |
Series B+ | 3 |
Series C+ | 2 |
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Funding Trends in the Manufacturing Tech sector in Mumbai
Total funding year-on-year in the Manufacturing Tech sector in Mumbai
The Manufacturing Tech sector in Mumbai saw a total funding of more than $178M in the last 10 years. The most amount of funding was in 2025 at more than $66.5M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $66.5M |
2024 | $4.16M |
2023 | $34.9M |
2022 | $6.56M |
2021 | $8.66M |
2020 | $5.81M |
2019 | $15M |
2018 | $5.21M |
2017 | $753K |
Recent Funding Rounds in Manufacturing Tech in Mumbai
In the year 2025, till October 2025, Manufacturing Tech companies in Mumbai have raised $66.5M in equity funding across 2 rounds.
In the same period last year (i.e. till August 2024), Manufacturing Tech companies in Mumbai had raised $4.16M across 2 rounds.
So, 2025 has seen a 1498.19% rise in funding in Manufacturing Tech companies in Mumbai as compared to 2024.
Here are some recent, important funding rounds in Manufacturing Tech companies in Mumbai:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 6009 | Oct 06, 2025 | ||
Series B | 8846 | May 13, 2025 | ||
Series A | 4729 | Aug 08, 2024 | ||
Series A | 6898 | Apr 26, 2024 | ||
Series A | 1802 | Dec 07, 2023 | and 4 more |
Top Investors in Manufacturing Tech in Mumbai
Lightspeed Venture Partners is the top investor in Manufacturing Tech companies in Mumbai based on number of companies invested.
Here are some top investors in Manufacturing Tech companies in Mumbai:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Menlo Park (United States) | - | |
Mumbai (India) | ||
Mumbai (India) | ||
Menlo Park (United States) | - | |
Mumbai (India) | - |
M&A activity in Manufacturing Tech sector in Mumbai
In the year 2023, till February 2023, 1 acquisition happened in Manufacturing Tech sector in Mumbai.
Here are some recent, important acquisitions in Manufacturing Tech sector in Mumbai:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Feb 03, 2023 |
Acquisition trends in Manufacturing Tech sector in Mumbai
Here are the acquisition trends in Manufacturing Tech sector in Mumbai:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | 1 |
2022 | - |
2021 | - |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
Colleges which produce the most Manufacturing Tech companies in Mumbai
Companies founded by alumni from top colleges in the Manufacturing Tech in Mumbai
Most number of Manufacturing Tech startups in Mumbai have been founded by alumni from IIT Bombay, IIM Calcutta and IIT Kanpur.
College | No. of companies |
|---|---|
IIT Bombay | 5 |
IIM Calcutta | 2 |
IIT Kanpur | 2 |
IIT Kharagpur | 2 |
University of Warwick | 2 |
BITS Pilani | 1 |
Bocconi University | 1 |
IIM Ahmedabad | 1 |
Indian Institute Of Management–Lucknow | 1 |
University of Pennsylvania | 1 |
Total funding in Manufacturing Tech companies founded by alumni from top colleges in Mumbai
In the last 10 years, IIT Bombay graduates' Manufacturing Tech companies in Mumbai have raised the most funding among top colleges. IIM Calcutta alumni are second, and University of Pennsylvania alumni are third.
College | Total Funding |
|---|---|
IIT Bombay | $21.3M |
IIM Calcutta | $11.1M |
University of Pennsylvania | $10M |
BITS Pilani | $8.09M |
Bocconi University | $8.09M |
IIT Kharagpur | $8.09M |
Indian Institute Of Management–Lucknow | $7.12M |
IIM Ahmedabad | - |
IIT Kanpur | - |
University of Warwick | - |
Top News in Manufacturing Tech in Mumbai
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Imaginarium Becomes the Value-Added Distributor of Formlabs in the Greater Indian SubcontinentBusiness Wire India•Nov 18, 2022•Imaginarium, Formlabs
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JSW Group to foray into lending with Rs 400 cr investment in captive NBFCBusiness Standard•Oct 23, 2022•JSW Group, JSW One MSME
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Ravi Bulchandani to join the board of Rent Alpha Private LimitedAsian News International•Jun 16, 2022•Rent Alpha
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Videojet Introduces Continuous Inkjet Ink with Excellent Abrasion Resistance on HDPEBusiness Wire•May 12, 2021•Videojet, ServiceNow
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Foxconn and US startup work on BlackBerry's return to AsiaNihon Keizai Shimbun•Feb 11, 2021•Blackberry, Foxconn Electronics, OnwardMobility
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