Mumbai (BKC & Powai)

Mumbai's BKC and Powai combine to form India's fintech powerhouse, with BKC processing over 70% of the nation's digital transactions through offices of Jio Financial and Zerodha. Powai's IIT Bombay ecosystem spawned 80 funded startups in 2025, contributing to a tech workforce of 140,000. At 18% of India's total fintech funding, this cluster outperforms #7 Kolkata's sector V, which commands only 4%, and offers the highest average tech salary in the country at ₹22 lakh per annum.