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Every heart that beats in Mumbai dreams of making it big in life. Everyone aspires to be the next Shahrukh, Sachin, and Ambani. Well, it’s not impossible. If you aspire to earn big too, then start your own business in Mumbai. Is there anything that can stop you? Don’t know which business to start? Don’t have any business ideas? Hah! You’re frowning for no reason. We’ve solved the challenge of identifying good business ideas to start in Mumbai. Though, speaking at a personal level, I firmly believe that one should innovate and start something new, a startup maybe. Start a business that has never been done before. Or atleast do a business in a way that transforms the industry. In short, be innovative. But until you find that groundbreaking idea, read this insight to find some tried and tested business ideas in Mumbai that are fairly easy to start, and make good money even in 2023

Mumbai is the city that never sleeps. It’s the commercial capital of India. A city where people make filthy money even when they are asleep. The city of skyscrapers. The financial capital. And whatnot. I believe this would be the only city where many have got rich by doing business in the slums. Yup! Would you be surprised if I tell you that Mumbai is home to the world’s largest slum? It’s called— Dharavi. Anyway, 

1. Acting Classes

Mumbai is Bollywood’s home town. It has given multiple superstars to not just India but the entire world. Amitabh Bachchan, Deepika Padukone, Shah Rukh Khan, Priyanka Chopra are well-recognised faces all across the world. People flock into this city in thousands every month with hope that they will get a break as an actor and be the next face on every billboard across India. But not everyone is a born actor. Right? Some need to be taught. So, if you know a thing or two about Acting, ‘acting classes’ is a good small business idea in Mumbai to launch in 2023

2. Modeling agency

Well, among many things Mumbai is also the fashion capital of India. Everywhere you can spot peeps donning chic and contemporary fashion clothing. It’s a good city to make a living doing what you love. In Mumbai, you can be a full time model and live a prosperous life. Yup. And if you’re navigating the entrepreneurial landscapes of this beautiful city, eyeing inspiration for the best business ideas in Mumbai, then starting a Modeling agency could be very rewarding. 

Modeling agency is indeed one of the best small business ideas in Mumbai in 2023. Especially for people who have good sense of body language i.e., those who are apt at conveying brand message & emotions, those who are experts in expressing different moods, such as confidence, vulnerability, sensuality, or a social message by leveraging their body posture and facial looks, such as a subtle smile, or a gaze, the walking pace, the walking style, the dress, the fashion accessories, their different colors… all while respecting the cultural nuances are well suited to start a modeling agency.

3. Photography studio

We’re discussing the best business ideas in Mumbai, the film city of India, where everything is about Roll, Camera, Action. Would it not be a crime to not talk about shots. I guess it will be. On a serious note, Not just for modeling, film making, or wedding photography. 

In general, Photography is a highly-potent standalone small business opportunity in Mumbai

Of-course, models look for freelance photographers, and bridal agencies look for professional photographers too. But there is way more to the scene than what meets the eye. Today, there are a lot of B2C, D2C brands that are booming in India. A lot of small ones too. All these guys need professional product photography. People are seeking professional picks to click their fond moments like pregnancy, engagement, house warming party, underwater pics, aerial clicks, and whatnot. If you’re good with shots & photo editing software, this is where your hunt for the best business ideas in Mumbai ends.

4. Dance & Choreography Classes

Mumbai is well known for its art & entertainment scene. Most of the chartbusters rocking the ears of north Indians are bollywood songs— from marriage to office parties, the music and dance is predominantly from Bollywood. A lot of professional dancers make their living in this city. Even some big stars like Sushant Singh Rajput had started their career as backstage dancers. Shows like Dance India Dance only up the ante. If you’re someone passionate about the rhythm & peculiar movements, if you live to dance, then starting dance & choreography classes is the perfectly suited business idea in Mumbai for you. 

Given the fact that people from all over the world come to live in Mumbai, there is demand for almost all the dance forms, then be it high-energy bollywood numbers, contemporary, classic, aka Kathak or Bharatnatyam, or hip-hop. The diversity of the city literally provides you with a rich tapestry of dance forms. Starting skill-based small business ideas in Mumbai is relatively easier and can be pursued with low-investment.

More Business Ideas In Mumbai To Start in 2023

That would be all for now guys, I’ll soon share more low-investment business ideas in Mumbai that you can start in 2023. For now, I’m leaving for you a list of 70+ small business ideas in Mumbai to make high-profits. Do take a look, and see if any of these feels like a match made in heaven for you.

  • Ola/Uber/ZoomCar/Grocery Delivery partner business
  • Shadowfax/Delhivery courier & parcel services business
  • Travel & Tour Guide
  • Grocery Retail Store
  • Clothing Retail Store
  • Phone & electronics selling store
  • Phone & electronics repairing store
  • Software development services
  • UI/UX design services company
  • K-12 coaching center
  • Online teaching business
  • Security training & recruiting agency
  • Dropshipping business
  • Ecommerce startup
  • Freelancing services
  • On-demand Tailoring services 
  • Stitching factory
  • Organic Food Store
  • Event Management startup
  • Fitness & nutrition boutique
  • Beauty Parlor Salon & Spa
  • Massage center
  • Matrimony Business
  • GAming Zone
  • Blogging
  • Vlogging
  • Affiliate Marketing
  • Real-estate consultant
  • Home-cooked food Mesh
  • Cloud Kitchen
  • Start a restaurant
  • Import/export
  • Stock broking & investment services
  • Financial services business
  • Real-estate business
  • Florist business
  • Car cleaning services
  • Water tank cleaning services
  • Home repairing services
  • Driver on-demand startup
  • Data center business
  • Juice Store
  • Food Truck business
  • Secret Spy business
  • Lawyer services
  • Experience parks
  • Language translator business
  • Marathi learning classes
  • Music institute
  • Manufacturing business
  • Trading business
  • Consultancy services
  • Rent out your area for ATM
  • Rent out your terrace for Mobile Communication Tower
  • Open an electric charging station 
  • Start e-rikshaw services for last mile commute
  • Open a dating/matchmaking community
  • Open a poetry or stand-up comedy club
  • Zumba Classes
  • Waterpark
  • Affordable Lodging & Hotel business
  • Bouncer Services
  • Jewelry store
  • Automobile Repairing business
  • Pet Daycare & Grooming Business
  • Old-age care houses
  • Gym chain
  • Custom furniture store
  • Mural Art Services
  • Interior designing services
Nishant Choudhary

Nishant is a marketing consultant for funded startups and helps them scale with content.

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