Business Ideas with Low Investment for Mumbai

26 Best Low-Investment Business Ideas for Mumbai, India You Can Open Now

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India is the second-fastest-growing market in Asia, and Mumbai is India’s heart because it’s the most populous city. It’s not just the largest city by population but also the country’s financial and commercial capital. Mumbai generates around 6.16% of the total GDP. So, it’s only natural that the business ideas for Mumbai are bounteous!

The huge population and so much financial activity mean more business opportunities. All you need to have a list of business ideas that can work well in cities like Mumbai and sort out the best option for you. Here in this article, I will list some of the best small business ideas that suit best in the economy like Mumbai.

Before we proceed, I think it’s best to warn you of the danger of not using a VPN in managing your business. Leaking important information online does not only risk your strategy but can hurt your finances as well. Make sure you browse in privacy and encrypt your subscription using VPN. Sign up here

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Moving forward, le’ts check out the list and find your own opportunity:

 

small business offers in mumbai

11- Web Designer:

A huge number of small businesses are incorporated daily, and they need a good website too. Go online on Elance, Guru, and other outsourcing websites and turn your talent into a business today!

12- Web/Mobile App developer:

If you’re a developer with good, know-how of web and mobile platforms development, you can either start selling your services or make your own apps.

Join Our Small Business Community

Get the latest news, resources and tips to help you and your small business succeed.

However, online activities can also pose security and privacy risks. That’s why you should be aware of the danger of not using a VPN in managing your business. Leaking important information online does not only risk your strategy but can hurt your finances as well. Make sure you browse in privacy and encrypt your subscription using VPN. Sign up here

image

13- Coaching Center:

Education today is tough, and parents want their child to be educated in a competitive environment, so they need more than school. That’s where the coaching centers for school students and graduates bring a huge opportunity.

14- Upcycled furniture business:

A lot of people prefer to take upcycled furniture these days.

15- Used Furniture:

Every day thousands of people buy new furniture and so remove the older one, which gets you the opportunity to buy it, give it a refreshing touch and resell to those who want good items on budget!

16- Selling Plants:

Opening a plant nursery in smaller space is not a big deal and there’s a huge potential for the business if you have some good plants to sell on great prices. The business should suit those more who love nature!

17- Home Painter:

Everyone wants a neat and clean home and so they need painter every year. A single house painting fee can cover your whole months’ expenses, keeping it a good service to a bigger house. Having contacts with builders should bring you regular clients!

18- Buying & Selling Used Cars:

This is another emerging business idea, especially in fast growing countries where several middle-class families cannot afford to buy new cars. You can buy used cars and sell them at some profit. Even if you do not intend to buy a used car at your own, you can get the buyer and seller meet and charge them your commission.

19- Security Agency:

You can open a security agency where you can provide security guards to offices, schools and apartments. There are good opportunities, however, you need to fulfil the necessary legal requirements for this business.

20- Detective Services:

If your hobby is to do investigations, you can make good income by offering your detective services. There are too many areas of ethical detective services that are much in demand, i.e. Pre-Marital Check, Missing Persons Investigation, Background Investigation, and Real Estate Fraud Investigation.

21- Matrimony Services:

If you have good relationship network, you can open Matrimony consultancy in local area or within city. It can be very good business if you’re very much involved in your network and you love building relationships and families.

22- Beauty & SPA:

It’s not just women who need grooming, but men are equally interested, so there are wide range opportunities. All you need to figure out is what you can offer that is also in high demand.

23- Restaurant/Cafe:

Significant disposable income and good purchasing power makes it easier for people in big cities like Mumbai to dine out frequently. A small scale restaurant or a café targeted to a specific or a combination of various cuisines can prove to be a good return on investment. Even if you cannot open a restaurant, starting with take away kiosk should ideally work in almost any city’s busy area.

24- Formalwear Shop

In Mumbai, there is no shortage of people. If you know what we mean, that signifies a lot of event potential. If there are a lot of events, there should naturally be a large demand for formalwear. See, it’s all about these connections! The bottom line is, with all the weddings, dinner events, and parties that the residents of Mumbai host, there will always be good reason to dress up and look nice.

So, why not become the person who sells this clothing to others? You could sell everything from A to Z, including bridal attire, traditional suits, and fancy dresses. 

25- Game Store

The popularity of gaming in India, and Mumbai especially, makes it a great idea to start a game store. If you’ve played games in your lifetime, you’ll know that game companies are constantly coming out with new products, updates, and hardware. 

Gaming can take many forms—those who play can do so on a console, PC, or mobile device. So, you might need to evaluate whether you want to choose a niche that especially serves one type, or whether you want to do it all, but carry less inventory for each. You’ll have to make this decision based on extensive market research, so choose wisely!

26- Franchisee

Now, this may be a popular business idea in the Americas, but there’s no reason why you shouldn’t be able to give this a shot. Have you ever heard of McDonald’s, or Starbucks? These chains have a significant presence in India because people become franchisees. 

This means that you can borrow the name and likeness of popular chains such as those. All you have to do is hire your own employees, follow the rules of the chain’s franchisors, and you’ll be profiting in no time. If you’re going to go this route, you’ll need a good amount of capital to start with. Choose a good location, market yourself well, and you should be good to go!

 

Some Innovative Indian Startups List for Your Inspiration & Ideas

Budli.in Enabling You to Value and Sell Used Gadgets in India Instantly

HomeStays.in; Home Living Comfort on Adventure Trips in India

The opportunities do not end here and in fact, Mumbai has a lot more to offer. Any business’s success depends on your market research and effort that you incur in building up the business. Select any of these business ideas in Mumbai with low investment that you can do best, and success should welcome you!

3- Groceries Delivery Service:

This is one of the innovative small business ideas to start in some posh location, i.e., to deliver the groceries to the consumer’s doorstep with some additional charge. This is a great idea to start alone, but this can double the sales if you already own a shop.

Related Reading:

Buy Groceries Online With Instacart

4- Old Book Bank:

Opening a used book store is a good idea as most students love to save money on books, so they go for used ones.

Related Readings:
Step by Step Guide to Set up a Small Business Startup in India
5 Things Indian Startups Should Know about Filing GST Return

5- Blogging:

Starting your own blog on anything that interests you most is not just a hobby but a lucrative business opportunity. This small business idea would cost you a very low investment, or you can even create a blog /website for free. However, you need to spend time every day or several hours a week to succeed in this business.

This is one of the best home-based small business ideas for women in Mumbai. Learn how to start your own blog today.

6- Event Management:

Event management is a fast-growing business, especially in the cities like Mumbai, where the sped-up life has made it essential to hire a dedicated team to organize and manage events, i.e., weddings, birthdays, corporate events, etc. If you have good networking and can move things quickly, i.e., you can organize a successful event, you could succeed in this small business.

7- Online Trading:

Have you ever tried selling online? If not, you must explore the idea of selling online using the existing platforms like OLX, etc.

Related Reading:

Step by Step Guide to Online Investment Success with Olymp Trade

8- Become a Trainer of Your Expertise:

This is an excellent small business ideas for all those who are expert in just any skill. If you cook good, start low-cost cooking classes; if you are a painter/photographer/Dancer/Singer/Life Coach/Fitness Expert or just any other type of artist, sell your skill and make money!

9- Online Marketer:

If you are good at online marketing and have experience in making some sites more visible or have built some small business brands already, just start your own online marketing company today!

10- Interior Designer:

People in the posh areas prefer getting their home and office decorated and designed by experts. So, if you’re the one, why not leave your job and start your own!

small business offers in mumbai

11- Web Designer:

A huge number of small businesses are incorporated daily, and they need a good website too. Go online on Elance, Guru, and other outsourcing websites and turn your talent into a business today!

12- Web/Mobile App developer:

If you’re a developer with good, know-how of web and mobile platforms development, you can either start selling your services or make your own apps.

However, online activities can also pose security and privacy risks. That’s why you should be aware of the danger of not using a VPN in managing your business. Leaking important information online does not only risk your strategy but can hurt your finances as well. Make sure you browse in privacy and encrypt your subscription using VPN. Sign up here

image

13- Coaching Center:

Education today is tough, and parents want their child to be educated in a competitive environment, so they need more than school. That’s where the coaching centers for school students and graduates bring a huge opportunity.

14- Upcycled furniture business:

A lot of people prefer to take upcycled furniture these days.

15- Used Furniture:

Every day thousands of people buy new furniture and so remove the older one, which gets you the opportunity to buy it, give it a refreshing touch and resell to those who want good items on budget!

16- Selling Plants:

Opening a plant nursery in smaller space is not a big deal and there’s a huge potential for the business if you have some good plants to sell on great prices. The business should suit those more who love nature!

17- Home Painter:

Everyone wants a neat and clean home and so they need painter every year. A single house painting fee can cover your whole months’ expenses, keeping it a good service to a bigger house. Having contacts with builders should bring you regular clients!

18- Buying & Selling Used Cars:

This is another emerging business idea, especially in fast growing countries where several middle-class families cannot afford to buy new cars. You can buy used cars and sell them at some profit. Even if you do not intend to buy a used car at your own, you can get the buyer and seller meet and charge them your commission.

19- Security Agency:

You can open a security agency where you can provide security guards to offices, schools and apartments. There are good opportunities, however, you need to fulfil the necessary legal requirements for this business.

20- Detective Services:

If your hobby is to do investigations, you can make good income by offering your detective services. There are too many areas of ethical detective services that are much in demand, i.e. Pre-Marital Check, Missing Persons Investigation, Background Investigation, and Real Estate Fraud Investigation.

21- Matrimony Services:

If you have good relationship network, you can open Matrimony consultancy in local area or within city. It can be very good business if you’re very much involved in your network and you love building relationships and families.

22- Beauty & SPA:

It’s not just women who need grooming, but men are equally interested, so there are wide range opportunities. All you need to figure out is what you can offer that is also in high demand.

23- Restaurant/Cafe:

Significant disposable income and good purchasing power makes it easier for people in big cities like Mumbai to dine out frequently. A small scale restaurant or a café targeted to a specific or a combination of various cuisines can prove to be a good return on investment. Even if you cannot open a restaurant, starting with take away kiosk should ideally work in almost any city’s busy area.

24- Formalwear Shop

In Mumbai, there is no shortage of people. If you know what we mean, that signifies a lot of event potential. If there are a lot of events, there should naturally be a large demand for formalwear. See, it’s all about these connections! The bottom line is, with all the weddings, dinner events, and parties that the residents of Mumbai host, there will always be good reason to dress up and look nice.

So, why not become the person who sells this clothing to others? You could sell everything from A to Z, including bridal attire, traditional suits, and fancy dresses. 

25- Game Store

The popularity of gaming in India, and Mumbai especially, makes it a great idea to start a game store. If you’ve played games in your lifetime, you’ll know that game companies are constantly coming out with new products, updates, and hardware. 

Gaming can take many forms—those who play can do so on a console, PC, or mobile device. So, you might need to evaluate whether you want to choose a niche that especially serves one type, or whether you want to do it all, but carry less inventory for each. You’ll have to make this decision based on extensive market research, so choose wisely!

26- Franchisee

Now, this may be a popular business idea in the Americas, but there’s no reason why you shouldn’t be able to give this a shot. Have you ever heard of McDonald’s, or Starbucks? These chains have a significant presence in India because people become franchisees. 

This means that you can borrow the name and likeness of popular chains such as those. All you have to do is hire your own employees, follow the rules of the chain’s franchisors, and you’ll be profiting in no time. If you’re going to go this route, you’ll need a good amount of capital to start with. Choose a good location, market yourself well, and you should be good to go!

 

Some Innovative Indian Startups List for Your Inspiration & Ideas

Budli.in Enabling You to Value and Sell Used Gadgets in India Instantly

HomeStays.in; Home Living Comfort on Adventure Trips in India

The opportunities do not end here and in fact, Mumbai has a lot more to offer. Any business’s success depends on your market research and effort that you incur in building up the business. Select any of these business ideas in Mumbai with low investment that you can do best, and success should welcome you!

small scale business in mumbai

26 Awesome Small Business Ideas with Low Investment in Mumbai, India

1- Recruitment Firm:

There’s a big opportunity in a big city with so many people looking for a job or intending to change job. Starting this small business would require very low investment but a lot of effort.

2- Real Estate Consultant:

With the growing population, the demand for real estate properties is on rising. Starting a real estate consulting business would be a good option. Charging a low commission on the real estate property value, finalized with the customer, can even earn a handsome income.

3- Groceries Delivery Service:

This is one of the innovative small business ideas to start in some posh location, i.e., to deliver the groceries to the consumer’s doorstep with some additional charge. This is a great idea to start alone, but this can double the sales if you already own a shop.

Related Reading:

Buy Groceries Online With Instacart

4- Old Book Bank:

Opening a used book store is a good idea as most students love to save money on books, so they go for used ones.

Related Readings:
Step by Step Guide to Set up a Small Business Startup in India
5 Things Indian Startups Should Know about Filing GST Return

5- Blogging:

Starting your own blog on anything that interests you most is not just a hobby but a lucrative business opportunity. This small business idea would cost you a very low investment, or you can even create a blog /website for free. However, you need to spend time every day or several hours a week to succeed in this business.

This is one of the best home-based small business ideas for women in Mumbai. Learn how to start your own blog today.

6- Event Management:

Event management is a fast-growing business, especially in the cities like Mumbai, where the sped-up life has made it essential to hire a dedicated team to organize and manage events, i.e., weddings, birthdays, corporate events, etc. If you have good networking and can move things quickly, i.e., you can organize a successful event, you could succeed in this small business.

7- Online Trading:

Have you ever tried selling online? If not, you must explore the idea of selling online using the existing platforms like OLX, etc.

Related Reading:

Step by Step Guide to Online Investment Success with Olymp Trade

8- Become a Trainer of Your Expertise:

This is an excellent small business ideas for all those who are expert in just any skill. If you cook good, start low-cost cooking classes; if you are a painter/photographer/Dancer/Singer/Life Coach/Fitness Expert or just any other type of artist, sell your skill and make money!

9- Online Marketer:

If you are good at online marketing and have experience in making some sites more visible or have built some small business brands already, just start your own online marketing company today!

10- Interior Designer:

People in the posh areas prefer getting their home and office decorated and designed by experts. So, if you’re the one, why not leave your job and start your own!

small business offers in mumbai

11- Web Designer:

A huge number of small businesses are incorporated daily, and they need a good website too. Go online on Elance, Guru, and other outsourcing websites and turn your talent into a business today!

12- Web/Mobile App developer:

If you’re a developer with good, know-how of web and mobile platforms development, you can either start selling your services or make your own apps.

However, online activities can also pose security and privacy risks. That’s why you should be aware of the danger of not using a VPN in managing your business. Leaking important information online does not only risk your strategy but can hurt your finances as well. Make sure you browse in privacy and encrypt your subscription using VPN. Sign up here

image

13- Coaching Center:

Education today is tough, and parents want their child to be educated in a competitive environment, so they need more than school. That’s where the coaching centers for school students and graduates bring a huge opportunity.

14- Upcycled furniture business:

A lot of people prefer to take upcycled furniture these days.

15- Used Furniture:

Every day thousands of people buy new furniture and so remove the older one, which gets you the opportunity to buy it, give it a refreshing touch and resell to those who want good items on budget!

16- Selling Plants:

Opening a plant nursery in smaller space is not a big deal and there’s a huge potential for the business if you have some good plants to sell on great prices. The business should suit those more who love nature!

17- Home Painter:

Everyone wants a neat and clean home and so they need painter every year. A single house painting fee can cover your whole months’ expenses, keeping it a good service to a bigger house. Having contacts with builders should bring you regular clients!

18- Buying & Selling Used Cars:

This is another emerging business idea, especially in fast growing countries where several middle-class families cannot afford to buy new cars. You can buy used cars and sell them at some profit. Even if you do not intend to buy a used car at your own, you can get the buyer and seller meet and charge them your commission.

19- Security Agency:

You can open a security agency where you can provide security guards to offices, schools and apartments. There are good opportunities, however, you need to fulfil the necessary legal requirements for this business.

20- Detective Services:

If your hobby is to do investigations, you can make good income by offering your detective services. There are too many areas of ethical detective services that are much in demand, i.e. Pre-Marital Check, Missing Persons Investigation, Background Investigation, and Real Estate Fraud Investigation.

21- Matrimony Services:

If you have good relationship network, you can open Matrimony consultancy in local area or within city. It can be very good business if you’re very much involved in your network and you love building relationships and families.

22- Beauty & SPA:

It’s not just women who need grooming, but men are equally interested, so there are wide range opportunities. All you need to figure out is what you can offer that is also in high demand.

23- Restaurant/Cafe:

Significant disposable income and good purchasing power makes it easier for people in big cities like Mumbai to dine out frequently. A small scale restaurant or a café targeted to a specific or a combination of various cuisines can prove to be a good return on investment. Even if you cannot open a restaurant, starting with take away kiosk should ideally work in almost any city’s busy area.

24- Formalwear Shop

In Mumbai, there is no shortage of people. If you know what we mean, that signifies a lot of event potential. If there are a lot of events, there should naturally be a large demand for formalwear. See, it’s all about these connections! The bottom line is, with all the weddings, dinner events, and parties that the residents of Mumbai host, there will always be good reason to dress up and look nice.

So, why not become the person who sells this clothing to others? You could sell everything from A to Z, including bridal attire, traditional suits, and fancy dresses. 

25- Game Store

The popularity of gaming in India, and Mumbai especially, makes it a great idea to start a game store. If you’ve played games in your lifetime, you’ll know that game companies are constantly coming out with new products, updates, and hardware. 

Gaming can take many forms—those who play can do so on a console, PC, or mobile device. So, you might need to evaluate whether you want to choose a niche that especially serves one type, or whether you want to do it all, but carry less inventory for each. You’ll have to make this decision based on extensive market research, so choose wisely!

26- Franchisee

Now, this may be a popular business idea in the Americas, but there’s no reason why you shouldn’t be able to give this a shot. Have you ever heard of McDonald’s, or Starbucks? These chains have a significant presence in India because people become franchisees. 

This means that you can borrow the name and likeness of popular chains such as those. All you have to do is hire your own employees, follow the rules of the chain’s franchisors, and you’ll be profiting in no time. If you’re going to go this route, you’ll need a good amount of capital to start with. Choose a good location, market yourself well, and you should be good to go!

 

Some Innovative Indian Startups List for Your Inspiration & Ideas

Budli.in Enabling You to Value and Sell Used Gadgets in India Instantly

HomeStays.in; Home Living Comfort on Adventure Trips in India

The opportunities do not end here and in fact, Mumbai has a lot more to offer. Any business’s success depends on your market research and effort that you incur in building up the business. Select any of these business ideas in Mumbai with low investment that you can do best, and success should welcome you!

Join Our Small Business Community

Get the latest news, resources and tips to help you and your small business succeed.

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