Top 10 Product-Based Companies in Mumbai to Work 2025

Mumbai is often seen as the heart of India’s finance, film and business world. But behind this buzz, there is also a fast growing ecosystem that is quietly making its mark. They are becoming more and more popular in Mumbai. 

These companies are not just about services or client projects. They also focus on creating their own products, helping solve real-world problems at scale. So if you are looking to work on impactful products, Mumbai is just the place. 

In this blog we will discuss product based companies and the 10 best product-based companies in Mumbai. 

What are Product-Based Companies?

To understand the Mumbai scene better, we first need to clear up what exactly is a product-based company – the term is used in connection a lot.

A product-based company is a company that designs and markets its own products – be it software, hardware, applications, platforms or tools. These are products that are created to address certain issues or fulfill market demands, and are sold to a number of customers or consumers (B2B or B2C).

Product companies own what they produce as opposed to service based companies (where one works on a project on behalf of a client such as an IT consultancy company or an outsourcing company). It implies that it puts more emphasis on long-term vision, scalability, user experience, and continuous improvement.

The distinguishing characteristics of product-based companies include:

• They produce and market a fundamental product (or line of products).
• They possess their tech teams, which are engaged in development, design, QA, etc.
• They are also fond of up-to-date technologies in order to remain competitive.
• They invest heavily in product strategy, UX, and R&D.
• They are more concerned with innovation and scalability.

Examples of notable international ones are Google (Search, Gmail, Android), Apple (iPhone, macOS), Slack, and Spotify. Homegrown product success stories such as Zoho, Freshworks, Razorpay and Zerodha are very successful companies in India.

Shortly put: In case you desire to work on something that has a direct effect on thousands (or even millions) of users a product-based company is where you will find yourself.

Why Choose Product-Based Companies in Mumbai?

When people think of tech jobs in India, cities like Bengaluru and Hyderabad usually steal the spotlight. But Mumbai? It’s quietly becoming a serious player in the product space — and there are some good reasons why you might want to build your career here. 

Diverse Industry Ecosystem

Mumbai is not a mono-industrial city. It is where finance, media, logistics, healthcare, retail, etc., are located – and companies that are based here are often constructing solutions particular to those industries. Be it fintech, edtech, healthtech, or SaaS, there is a product team in this place developing something significant.

Close Proximity to Business Hubs

Mumbai is the financial capital of India; hence, product companies located here are directly in contact with key banks, enterprises, and decision-makers. This provides them with an advantage in the development of B2B products, particularly with fintech and enterprise SaaS.

Growing Startup Culture

The startup ecosystem in Mumbai has grown in recent years. Startups of new-age products are emerging in such places as Powai, Andheri, Lower Parel, and BKC, which are promising exciting positions with ownership, growth, and innovation being inculcated.

Talent Pool + Networking

Talent pool in Mumbai is also good, as there are the best colleges such as IIT Bombay, SPJIMR, NMIMS and others. In addition, there are frequent tech events, startups and product community celebrations that enable one to network and expand.

Competitive Pay + High Impact

Product companies that are well-equipped or have established product track records are high-paying ones. However, it is more than just salary and also gives the opportunity to work on a problem that scales – where your code, e-signature or strategy affects real users.

Key Sectors for Product-Based Companies in Mumbai

Mumbai’s strength lies in its diversity — and that reflects in the kinds of products being built here. Unlike some cities where one industry dominates, Mumbai is home to a wide range of sectors, giving rise to a variety of product-based companies. Here’s a look at the key industries driving product innovation in the city:

Fintech

Being the financial capital of India, it’s no surprise that fintech is one of the strongest sectors in Mumbai. From digital payment platforms to lending apps and wealth management tools, companies are building solutions that power everything from personal finance to enterprise-level transactions.

Notable companies: PayMate, CredAble, GrowFix

Media & Entertainment Tech

Having Bollywood, significant TV channels, and various digital content developers located here, Mumbai is now a centre of media-tech products, such as OTT platforms, digital rights management services, and content distribution systems.

Notable companies: Zee5, ALTBalaji, Pocket Aces

SaaS (Software as a Service)

There isalso inan creasing number of SaaS startups being developed in Mumbai’s IT sector with an aim of providing solutions in HR, sales, logistics and business operations- many of them are aimed at global markets.

Notable companies: CleverTap, WebEngage, Darwinbox (Mumbai presence), HealthTech

A huge network of hospitals and diagnostic centress results in the growing need fore products related to healthcare. Firms are establishing telemedicine, diagnostics, health record management, and other. services

Notable companies: PharmEasy, DocMode, Logistics & Supply Chain

Mumbai, being a big city and business centre, has experienced the emergence of technological firms developing supply chain management, last-mile delivery, and logistics products.

Notable companies: Porter, Shipsy, Freight Tiger

EdTech

Though Bengaluru dominates the edtech space, Mumbai has its own share of innovative learning platforms, especially in test prep, skill development, and niche education.

Notable companies: Toppr, Lido Learning

10 Best Product-Based Companies in Mumbai

1. Google 

Google, a multinational technology corporation, has a high presence in India and has its operations and teams situated in Mumbai. The company, which has been known to market such products as Search, YouTube, Android, and Google Cloud, constantly leads in the field of software and AI innovation, as well as cloud-based computing.

In Mumbai, Google is concentrated in sales, marketing and partnership; tech teams work on different product initiatives. Another characteristic of Google is its work culture and benefits to employees, which are world-class. It is one of the best places to be employed by professionals who want to work on user-first, impactful products.

• Products: Google Search, Android, Gmail, YouTube, Google Cloud
• Industry: Internet, Cloud Computing, AI
• Average Salary: ₹25–40 LPA (Software Engineer, mid-level)
• Career Page: careers.google.com 
• Website: www.google.com 

2. Reliance Jio 

Reliance Jio is a telecom and digital service enterprise that is one of the most powerful in Ind,is based in Mumbai. Jio was introduced in 2016, and it disrupted the world of telecom by providing costly 4G data at a massive scale. In addition to telecom, Jio has created a variety of digital products such as JioTV, JioCinema, JioSaavn and MyJio.

It is also making heavy investments in 5G, IoT and Enterprise solutions. Jio has the ability to provide tech professionals with high-impact, India-first digital platforms, with its scale, resources, and reach.

• Products: JioTV, JioCinema, JioSaavn, MyJio, JioMeet
• Industry: Telecom, Digital Services, OTT, Tech
• Average Salary: ₹10–20 LPA (Software/Tech Roles)
• Career Page: careers.jio.com 
• Website: www.jio.com 

3. Amazon 

Although the primary tech centres of Amazon exist in other cities, the office in Mumbai is instrumental in logistics, operations, and product development, especially when it comes to Amazon India. Among the product-based companies in Mumbai, Amazon stands out, with its tech and product teams assisting the company in enhancing the customer experience in e-commerce, payments (Amazon Pay), and video streaming (Prime Video) activities.

Amazon is a company that is associated with its leadership values, data-driven culture, and customer obsession. It is an ideal place to visit for those looking to find solutions to large-scale, real-world problems by builders.

• Products: Amazon.in, Amazon Pay, Prime Video, AWS
• Industry: E-commerce, Cloud, Logistics, Fintech
• Average Salary: ₹20–35 LPA (SDE-II average)
• Career Page: amazon.jobs 
• Website: www.amazon.in 

4. Oracle

Oracle is a multinational enterprise software cloud infrastructure, database and data organization company. Its office in Mumbai deals with selling products, support, and technical consulting and development in selected roles in Oracle Cloud and SaaS products. As one of the top MNC in Mumbai, The company drives backstage dialogue of enterprises around the world, and its products, such as Oracle Database, ERP, HCM, and others.

Oracle is known to be highly enterprise-oriented with tech positions that are a mixture of engineering and domain knowledge. It’s a great fit for professionals interested in enterprise-grade product development.

• Products: Oracle Cloud, Oracle Database, ERP, HCM
• Industry: Enterprise Software, Cloud, Databases
• Average Salary: ₹15–25 LPA (Mid-level Developer)
• Career Page: oracle.com/careers
• Website: www.oracle.com

5. Intel 

Intel is a company that is recognised in the world as a leader in hardware innovation; however, it is also a company that has made a huge investment in software and embedded solutions. In Mumbai, Intel operates in various verticals such as R&D, IoT and system design. The company has a significant contribution in creating processors, chipsets, and AI-powered solutions in future computing.

The employment opportunity at Intel is special as it gives a chance to work at the crossroads between hardware and software. It is the best place to be if you are an engineer who cares about performance, systems, and deep tech.

• Products: Intel Processors, Chipsets, IoT Solutions, AI Platforms
• Industry: Semiconductors, Embedded Systems, AI
• Average Salary: ₹18–30 LPA (Software Engineer/Systems Roles)
• Career Page: jobs.intel.com 
• Website: www.intel.in 

6. IBM

IBM has an extensive history in Mumbai, and it is engaged in the development of enterprise solutions in cloud, AI, and analytics. Among the product-based companies in Mumbai, IBM stands out for its strong focus on innovation. Whereas traditionally the company specialized in hardware and mainframes, it now concentrates on hybrid cloud, automation, and AI through platforms such as IBM Cloud and Watson. The Mumbai teams assist with product customization, consulting, and cloud services for large customers.

IBM is attractive to professionals who want to develop their careers long-term, both in technology and consulting, due to its research-oriented culture and diverse range of products.

• Products: IBM Cloud, Watson AI, IBM Db2, Hybrid Cloud Tools
• Industry: Cloud, AI, Enterprise IT
• Average Salary: ₹12–22 LPA (Tech Roles)
• Career Page: ibm.com/careers 
• Website: www.ibm.com 

7. Adobe

Adobe is an innovative software giant that produces such products as Photoshop, Illustrator, Adobe XD, and the Adobe Experience Cloud. The Adobe teams in Mumbai assist in marketing, client solutions, and production, particularly for the enterprise customers. There are also some product development and support products thatare based here.

Adobe is a dream job for creative technological employees due to its creativity in design, digital marketing, and document management. Its culture supports customer-focused innovation, inclusivity, and creativity.

• Products: Photoshop, Illustrator, Adobe XD, Adobe Acrobat, Experience Cloud
• Industry: Creative Software, Digital Marketing, SaaS
• Average Salary: ₹20–35 LPA (Software/Product Roles)
• Career Page: adobe.com/careers
• Website: www.adobe.com 

8. Microsoft 

The Indian subsidiary of Microsoft has several offices, and the office in Mumbai specialises in enterprise services, product evangelism, and cloud adoption of Microsoft Azure, Office 365, and Dynamics 365. Among the product-based companies in Mumbai, Microsoft plays a key role in global product development through its cross-functional teams.

Microsoft has a strong focus on AI, productivity solutions, and enterprise software, offering opportunities ranging from software engineering to cloud architecture. With an inclusive culture and some of the most innovative products in the industry, it is an ideal workplace for ambitious tech professionals.

• Products: Office 365, Azure, Dynamics 365, Teams, Windows
• Industry: Cloud Computing, Productivity Software, AI
• Average Salary: ₹25–40 LPA (Software Engineer II)
• Career Page: careers.microsoft.com
• Website: www.microsoft.com

9. Apple

Apple is strategically based in Mumbai which is mainly built on sales, marketing, operations and partnerships. Although the development of core products is conducted worldwide, the local teams at Apple are used to provide easy product implementations, customer experience, and integrations.

Apple India plays a key role in localising the global products to the Indian market, such as Apple Music and Apple Pay ventures. Being employed at Apple is joining a company that is design and quality maniacal and innovation focused.

• Products: iPhone, iOS, Apple Music, macOS, iCloud
• Industry: Consumer Tech, Electronics, Software
• Average Salary: ₹22–40 LPA (Tech/Operations Roles in India)
• Career Page: jobs.apple.com
• Website: www.apple.com

10. Asian Paints

Asian Paints is another entry in this list that is surprisingly large and is not only the largest paint company in India but also a digital transformation leader. Headquartered in Mumbai, the company has developed in-house tech products, such as supply chain, retail, CRM and smart home solutions.

Asian Paints has an experienced tech and innovation team, which creates software positions that are technologically coupled with business problem-solving. It is a terrific case of a legacy organisation that turned into a technological business.

• Products: SmartCare, ColourNext, Digital CRM, Supply Chain Tools
• Industry: Manufacturing, Home Decor, Digital Transformation
• Average Salary: ₹10–18 LPA (Tech/Product Roles)
• Career Page: careers.asianpaints.com 
• Website: www.asianpaints.com 

Job Opportunities in Product-Based Companies in Mumbai

Mumbai’s product-based companies offer diverse roles across technology, product, design, and data. With the city’s growing focus on innovation, companies are hiring for both core development and cross-functional teams.

In-demand roles include:

• Software Engineers (Frontend, Backend, Full Stack)
• Product Managers
• Data Scientists & Data Engineers
• UI/UX Designers
• Cloud & DevOps Engineers
• QA & Test Automation Experts

Key skills recruiters look for:

• Languages: JavaScript, Python, Java, Go
• Tools: Git, Docker, Kubernetes, Figma, JIRA
• Platforms: AWS, GCP, Azure
• Concepts: System Design, Microservices, APIs, Agile

Where to find jobs:

• LinkedIn – updated listings from top companies
• Naukri & iimjobs – best for mid-senior roles
• AngelList/Wellfound – for product startup jobs
• Company career pages – always check directly for current openings

With more companies offering remote and hybrid roles, Mumbai-based firms are hiring talent from all over India — making it a great time to explore opportunities in this growing product ecosystem.

Conclusion

Mumbai can be referred to as the city of finance and films, but it is gradually becoming a product innovation hub. The city has strong tech and product opportunities, whether it is global companies such as Google and Microsoft or national companies such as Reliance Jio and Asian Paints.

Regardless of whether you are looking to create consumer-facing apps, enterprise tools, or a deep-tech platform, product-based firms in Mumbai offer the scale, challenges, and career development that you need. As the business capital of Mumbai, the city of various industries and the burgeoning startup scene, the city has ceased to be only a business capital; it is a product capital in the making.

FAQS

How is the difference between product-based and service-based companies?

Product companies develop and market their own software or hardware products and service companies undertake work on a project basis.

Are the product-based companies in Mumbai good for job opportunities?

Yes. Tech, product management, data, and design. Organisations are recruiting at both the entry level and the higher levels and are paying good salaries.

Are there any product-based companies in Mumbai that provide remote or hybrid jobs?

Hybrid or distance models are being sponsored by many companies, particularly tech and product companies.

What are the most product-based companies in Mumbai?

Some of the top sectors are fintech, SaaS, media tech, healthtech and logistics.

What can I do to be employed by such companies?

You may apply through LinkedIn, job portals such as Naukri or directly on the career pages of the companies (mentioned above).