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Top 10 Entrepreneurs in Mumbai (Updated List 2025)

Discover the remarkable journeys of the top 10 entrepreneurs in Mumbai, highlighting their innovative businesses and contributions to the economy. This overview emphasizes their unique approaches and the significant impact they have made in various industries. Learn how these visionary leaders are driving change.

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Some of India’s most influential and visionary entrepreneurs have built their empires in the heart of the country’s financial capital. Known for its mix of ambition, culture, and opportunity, Mumbai has given rise to a wide range of entrepreneurs who have redefined industries and created powerful, lasting brands. These individuals have not only scaled successful businesses but have also contributed to shaping India's modern economic story.

From tech innovators and retail pioneers to media moguls and fintech disruptors, the top entrepreneurs in Mumbai represent a wide spectrum of talent and vision. Their ventures have brought new ideas to market, challenged traditional business models, and built brands that resonate across the country. Supported by Mumbai’s strong infrastructure, access to capital, and media influence, these entrepreneurs continue to inspire with their drive, leadership, and impact.

This article highlights some of the most successful and admired business leaders based in Mumbai. Whether they’ve built household names or emerging startups, their journeys offer insights into the grit, strategy, and innovation it takes to stand out in India’s most competitive business hub.

List of the Top Entrepreneurs in Mumbai (Updated List 2025)

Name

Company / Brand

Approx. Net Worth

Industry

Notable Highlights

Mukesh Ambani

Reliance Industries

$92.5 B

Energy, Retail, Telecom

Asia’s richest man led Reliance’s expansion into Jio, retail, green energy; owns Antilia, valued at $2.2 B

Radhakishan Damani

DMart

$15.4 B–$20.3 B

Retail, Investments

“Retail king”; 67% stake in DMart; diversified portfolio of blue-chip

Dilip Shanghvi

Sun Pharma

$24.9 B

Pharmaceuticals

Founder of the country’s biggest drugmaker, with a global footprint

Kumar Mangalam Birla

Aditya Birla Group

$20.9 B

Diversified (Commodities)

Heads one of India’s largest conglomerates, based in Mumbai

Harsh Mariwala

Marico

$6.9 B

FMCG

Built Marico into a consumer goods powerhouse; ranked 43rd richest in India

Leena Tewari

USV Pharmaceuticals

$2.6 B

Pharma

Chair of Mumbai-based USV, maker of Glycomet & Ecosprin; reclusive billionaire

Nithin Kamath (Hon.)

Zerodha

$2.6 B

Discount Brokerage

Cofounded Zerodha; led it into India’s largest retail broker

Bhavin Turakhia

Directi, Titan, Flock, Radix, Zeta

$1.3 B

Tech / SaaS

Co-founded multiple unicorns, including Directi and Zeta; ranked among India’s richest self-made in 2016

Kunal Shah

Freecharge, CRED

$500 M

Fintech

Founded Freecharge (₹2,800 cr acquisition) and built CRED valued at ~$6.4 billion in Mumbai

Anupam Mittal

Shaadi.com

$22.2 M

Online Matrimony

Founded India’s top online wedding service; shark on Shark Tank India; invested in 250+ startups

Vishal Gondal

Indiagames (ex), GOQii

$20 M

Gaming & HealthTech

Founded Indiagames (sold to Disney) and GOQii; involved in the FAU-G game with Akshay Kumar

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Top 10 Entrepreneurs in Mumbai

1. Mukesh Ambani

Mukesh Ambani

Notable Highlights:
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, is India's and Asia’s richest man. Headquartered in Mumbai, Reliance has diversified from petrochemicals to telecom (Jio), retail (Reliance Retail), and green energy. His home, Antilia, is one of the most expensive private residences in the world. Under his leadership, Reliance has partnered with global giants like Meta, Google, and BP, transforming into a tech-driven conglomerate.

Company / Brand: Reliance Industries
Approx. Net Worth: $92.5 B – $110.7 B
Industry: Energy, Retail, Telecom

2. Radhakishan Damani

Radhakishan Damani

Notable Highlights:
A quiet billionaire, Damani founded DMart (Avenue Supermarts) in 2002, which went on to become one of India’s most successful retail chains. Known for its profitability and efficient operations, DMart’s growth has been steady and consistent. Damani is also a seasoned investor and mentor to other business magnates, including Rakesh Jhunjhunwala. He resides in South Mumbai and maintains a low public profile despite his immense wealth.

Company / Brand: DMart
Approx. Net Worth: $15.4 B – $20.3 B
Industry: Retail, Investments

3. Harsh Mariwala

Harsh Mariwala

Notable Highlights:
Harsh Mariwala turned a family business into Marico, the company behind iconic brands like Parachute, Saffola, and Set Wet. Headquartered in Mumbai, Marico has expanded to over 25 countries. Mariwala is also known for promoting entrepreneurship in India through his foundation, ASCENT, which supports small business owners and first-generation entrepreneurs.

Company / Brand: Marico
Approx. Net Worth: $6.9 B
Industry: FMCG

4. Kumar Mangalam Birla

Kumar Mangalam Birla

Notable Highlights:
Based in Mumbai, Kumar Mangalam Birla chairs the Aditya Birla Group, a global powerhouse in cement, telecom (Vodafone Idea), fashion retail, and financial services. Under his leadership, the group has grown its global footprint and diversified into new-age sectors like edtech and e-commerce. He is also a former chairman of IIT Delhi and IIM Ahmedabad.

Company / Brand: Aditya Birla Group
Approx. Net Worth: $20.9 B
Industry: Diversified (Commodities, Telecom, Retail

5. Dilip Shanghvi

Dilip Shanghvi

Notable Highlights:
One of India’s richest self-made billionaires, Dilip Shanghvi founded Sun Pharmaceuticals in 1983 in Vapi, Gujarat, but the company and he are now based in Mumbai. Sun Pharma is India’s largest pharmaceutical firm and one of the top five generics manufacturers globally. Shanghvi is known for his calculated acquisitions and low-profile leadership style.

Company / Brand: Sun Pharma
Approx. Net Worth: $24.9 B
Industry: Pharmaceuticals

6. Mangal Prabhat Lodha

Mangal Prabhat Lodha

Notable Highlights:
Founder of the Lodha Group, Mangal Prabhat Lodha developed some of Mumbai’s most prominent luxury residential and commercial properties. Known for building high-rises like World One and Palava City, Lodha is also a politician with the BJP and was recently appointed as a minister in the Maharashtra government. His business empire continues to shape Mumbai’s skyline.

Company / Brand: Macrotech Developers (Lodha Group)
Approx. Net Worth: $11.4 B – $13.5 B
Industry: Real Estate

7. Leena Tewari

Leena Tewari

Notable Highlights:
Leena Tewari chairs USV Private Limited, a Mumbai-based pharmaceutical and biotech firm co-founded by her grandfather. The company specializes in diabetic and cardiovascular drugs and has a strong export business. Tewari is also a philanthropist, investing in education and rural development in India.

Company / Brand: USV Pharma
Approx. Net Worth: $2.6 B
Industry: Pharmaceuticals

8. Vikas Oberoi

Vikas Oberoi

Notable Highlights:
Vikas Oberoi runs Oberoi Realty, one of Mumbai’s most trusted names in premium and luxury real estate. The firm is known for developing high-end residences, hotels (like The Westin Mumbai), and commercial spaces. He is also a qualified pilot and represents the new-age entrepreneur who blends business with passion and lifestyle.

Company / Brand: Oberoi Realty
Approx. Net Worth: $4.5 B – $5.9 B
Industry: Real Estate

9. Kunal Shah

Kunal Shah

Notable Highlights:
Kunal Shah is one of Mumbai’s most visible tech entrepreneurs. He first built Freecharge (sold to Snapdeal), and later launched CRED, a credit card payment and rewards platform that gained rapid valuation. Known for his sharp commentary on startups, Shah is also an active angel investor in India’s tech ecosystem.

Company / Brand: CRED, Freecharge
Approx. Net Worth: $0.5 B
Industry: Fintech

10. Jamshyd Godrej

Jamshyd Godrej

Notable Highlights:
Jamshyd Godrej heads the iconic Godrej Group, headquartered in Mumbai. The company spans consumer goods, real estate, security systems, and even aerospace. Godrej has been a key figure in India’s environmental and urban sustainability movements and has held leadership positions in various industrial and ecological organizations.

Company / Brand: Godrej Group
Approx. Net Worth: (Not publicly disclosed; estimated in billions)
Industry: Conglomerate (Real Estate, FMCG, Appliances, Aerospace)

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