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Mumbai is the hub of the country's most funded startups: Deputy CM Shinde

Mumbai is the hub of the country's most funded startups: Deputy CM Shinde

Mumbai, May 21 ( UNI) Maharashtra is the first state to formulate a fintech policy to provide financial support to startups and industries and Mumbai has become the hub of the country's most funded startups, said Deputy Chief Minister Eknath Shinde on Wednesday.

Shinde said 24 per cent of the country's total startups are in Maharashtra.

The Deputy CM was speaking at the Startup Conclave 2025 jointly organized by CSIR and three major scientific institutions at NESCO Center in Goregaon.

Shinde said Maharashtra is number one in the country in terms of startups and according to the Economic Survey 2025, there are 26,686 startups in Maharashtra, which is 24 per cent of the total startups in the country.

He also said that Mumbai is becoming the most suitable place for startups due to the availability of investors and venture capital funds.

UNI SP PRS

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