# Top 20 E-Commerce Startups in Mumbai by Funding (2026)

> The 20 best-funded E-commerce startups in Mumbai, ranked by total funding raised: $414M combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/ecommerce-startups-mumbai (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Rebel Foods** Rebel Foods, formerly known as Faasos, is an India-based food technology startup and the largest cloud kitchen operator globally.](https://millionrounds.com/company/rebel-foods) Rebel Foods, formerly known as Faasos, is an India-based food technology startup and the largest cloud kitchen operator globally. *Founded* 2011 Mumbai, India **$175M** last round Sept 2025
- 2 [**Truemeds** Truemeds is a rapidly growing HealthTech company based in Mumbai, India, founded in 2019 by Akshat Nayyar and Kunal Wani.](https://millionrounds.com/company/truemeds) Truemeds is a rapidly growing HealthTech company based in Mumbai, India, founded in 2019 by Akshat Nayyar and Kunal Wani. *Founded* 2019 Mumbai, India **$85M** last round Aug 2025
- 3 [**Traya** Traya is a health-tech company based in Mumbai, India, founded in 2019 by Saloni Anand and Altaf Saiyed.](https://millionrounds.com/company/traya) Traya is a health-tech company based in Mumbai, India, founded in 2019 by Saloni Anand and Altaf Saiyed. *Founded* 2019 Mumbai, India **$32M** last round Oct 2026
- 4 [**Join Ventures** Join Ventures is a Mumbai-based company that operates an AI-powered direct-to-consumer (D2C) ecosystem focused on celebration-related commerce.](https://millionrounds.com/company/join-ventures) Join Ventures is a Mumbai-based company that operates an AI-powered direct-to-consumer (D2C) ecosystem focused on celebration-related commerce. *Founded* 2019 Mumbai, India **$23M** last round Sept 2022
- 5 [**EatClub Brands** EATCLUB Brands is a technology-driven cloud kitchen company based in Mumbai, India.](https://millionrounds.com/company/eatclub-brands) EATCLUB Brands is a technology-driven cloud kitchen company based in Mumbai, India. *Founded* 2012 Mumbai, India **$21M** last round Jul 2025
- 6 [**Ace Blend** Ace Blend is a modern nutrition company based in Mumbai, India, founded in 2018 by Shivam Hingorani and Saif Mekhri.](https://millionrounds.com/company/ace-blend) Ace Blend is a modern nutrition company based in Mumbai, India, founded in 2018 by Shivam Hingorani and Saif Mekhri. *Founded* 2018 Mumbai, India **$13M** last round Oct 2026
- 7 [**The Pant Project** The Pant Project customizes pants with fabrics and offers a 4-way stretch technology for comfort.](https://millionrounds.com/company/the-pant-project) The Pant Project customizes pants with fabrics and offers a 4-way stretch technology for comfort. *Founded* 2020 Mumbai, India **$11M** last round Oct 2026
- 8 [**HyugaLife** HyugaLife is an Indian e-commerce marketplace based in Mumbai, specializing in health, nutrition, and wellness products.](https://millionrounds.com/company/hyugalife) HyugaLife is an Indian e-commerce marketplace based in Mumbai, specializing in health, nutrition, and wellness products. *Founded* 2022 Mumbai, India **$11M** last round Apr 2026
- 9 [**Zouk** Zouk is a proudly Indian lifestyle brand founded in 2016, specializing in handcrafted premium bags, wallets, footwear, and accessories.](https://millionrounds.com/company/zouk) Zouk is a proudly Indian lifestyle brand founded in 2016, specializing in handcrafted premium bags, wallets, footwear, and accessories. *Founded* 2016 Mumbai, India **$10M** last round Oct 2024
- 10 [**eDabba** Edabba is an Online Shopping Mall for Electronics, Jewellery And Kitchen Appliances.](https://millionrounds.com/company/edabba) Edabba is an Online Shopping Mall for Electronics, Jewellery And Kitchen Appliances. *Founded* 2011 Mumbai, India **$9.8M** last round Aug 2014
- 11 [**Peepul Tree** Peepul Tree, officially known as Peepal Tree Ventures Private Limited, is an India-based live commerce platform and e-commerce startup that connects Indian arti](https://millionrounds.com/company/peepul-tree) Peepul Tree, officially known as Peepal Tree Ventures Private Limited, is an India-based live commerce platform and e-commerce startup that connects Indian arti *Founded* 2022 Mumbai, India **$6.0M** last round Jan 2023
- 12 [**Pepperfry** Pepperfry is an online home and lifestyle shopping store selling products with cash on delivery facilities.](https://millionrounds.com/company/pepperfry) Pepperfry is an online home and lifestyle shopping store selling products with cash on delivery facilities. *Founded* 2011 Mumbai, India **$5.1M** last round Jun 2025
- 13 [**Freakins** FREAKINS is a D2C denim and apparel brand based in India, targeting Gen-Z and young millennial consumers.](https://millionrounds.com/company/freakins) FREAKINS is a D2C denim and apparel brand based in India, targeting Gen-Z and young millennial consumers. *Founded* 2021 Mumbai, India **$2.9M** last round Apr 2025
- 14 [**Secret Alchemist** Secret Alchemist is a Mumbai-based, women-led beauty and personal care startup founded in 2021.](https://millionrounds.com/company/secret-alchemist) Secret Alchemist is a Mumbai-based, women-led beauty and personal care startup founded in 2021. *Founded* 2022 Mumbai, India **$2.5M** last round Jan 2026
- 15 [**Cub McPaws** Cub McPaws is a kids’ clothing brand and online retailer based in Mumbai, India.](https://millionrounds.com/company/cub-mcpaws) Cub McPaws is a kids’ clothing brand and online retailer based in Mumbai, India. *Founded* 2018 Mumbai, India **$2.2M** last round Mar 2022
- 16 [**Sublime Life** Sublime Life is a clean beauty e-commerce platform and community based in Mumbai, India.](https://millionrounds.com/company/sublime-life) Sublime Life is a clean beauty e-commerce platform and community based in Mumbai, India. *Founded* 2019 Mumbai, India **$2.0M** last round Feb 2022
- 17 [**Macmerise** Macmerise is a Mumbai-based retail and e-commerce company founded in 2012.](https://millionrounds.com/company/macmerise) Macmerise is a Mumbai-based retail and e-commerce company founded in 2012. *Founded* 2012 Mumbai, India **$1.0M** last round Mar 2022
- 18 [**Nap Chief** Nap Chief is a direct-to-consumer brand based in Coimbatore, Tamil Nadu, India, specializing in children's apparel and organic sleepwear for moms and kids.](https://millionrounds.com/company/nap-chief) Nap Chief is a direct-to-consumer brand based in Coimbatore, Tamil Nadu, India, specializing in children's apparel and organic sleepwear for moms and kids. *Founded* 2019 Mumbai, India **$267K** last round Oct 2021
- 19 [**Shiplyst** Shiplyst is an India-based ocean freight procurement marketplace and logistics technology company.](https://millionrounds.com/company/shiplyst) Shiplyst is an India-based ocean freight procurement marketplace and logistics technology company. *Founded* 2017 Mumbai, India **$121K** last round Feb 2021
- 20 [**Noodle Play** Noodle Play is an online platform to order for Chinese food from a Noodle Play restaurant in Mumbai.](https://millionrounds.com/company/noodle-play) Noodle Play is an online platform to order for Chinese food from a Noodle Play restaurant in Mumbai. *Founded* 2014 Mumbai, India **$16K** last round Jul 2015

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back e-commerce startups in Mumbai in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More e-commerce lists

[See all](https://millionrounds.com/top-lists?t=E-commerce)

[*V* *G* *W* **E-commerce startups in the United States** 650 companies · $14B](https://millionrounds.com/top-lists/ecommerce-startups-united-states)[*S* *Z* *SG* **E-commerce startups in the United Kingdom** 181 companies · $2.9B](https://millionrounds.com/top-lists/ecommerce-startups-united-kingdom)[*J* *Z* *AC* **E-commerce startups founded in 2020** 152 companies · $1.8B](https://millionrounds.com/top-lists/ecommerce-startups-founded-2020)[*I* *S* *K* **E-commerce startups that raised in 2026** 152 companies · $6.4B in 2026](https://millionrounds.com/top-lists/ecommerce-startups-raised-2026)[*W* *JH* *G* **E-commerce startups founded in 2019** 136 companies · $3.0B](https://millionrounds.com/top-lists/ecommerce-startups-founded-2019)[*Q* *S* *SG* **E-commerce startups founded in 2018** 129 companies · $2.8B](https://millionrounds.com/top-lists/ecommerce-startups-founded-2018)[*PM* *E* *G* **E-commerce startups in India** 127 companies · $2.7B](https://millionrounds.com/top-lists/ecommerce-startups-india)[*W* *SC* *SC* **E-commerce startups founded in 2021** 126 companies · $1.5B](https://millionrounds.com/top-lists/ecommerce-startups-founded-2021)

## More lists for Mumbai

[See all](https://millionrounds.com/top-lists?r=Mumbai)

[*N* *PR* *SG* **Startups in Mumbai** 246 companies · $5.2B](https://millionrounds.com/top-lists/startups-mumbai)[*RF* *M* *E* **Financial Services startups in Mumbai** 26 companies · $483M](https://millionrounds.com/top-lists/financial-services-startups-mumbai)[*N* *B* *U* **Fintech startups in Mumbai** 20 companies · $385M](https://millionrounds.com/top-lists/fintech-startups-mumbai)[*T* *P* *M* **Healthcare startups in Mumbai** 17 companies · $380M](https://millionrounds.com/top-lists/healthcare-startups-mumbai)[*B* *BB* *C* **Food & Beverage startups in Mumbai** 16 companies · $64M](https://millionrounds.com/top-lists/food-beverage-startups-mumbai)[*NS* *B* *TS* **IT Services startups in Mumbai** 15 companies · $74M](https://millionrounds.com/top-lists/it-services-startups-mumbai)[*RF* *B* *C* **Internet startups in Mumbai** 13 companies · $526M](https://millionrounds.com/top-lists/internet-startups-mumbai)