Top Management Consulting Firms in Mumbai

Researched by:Goodfirms Research TeamUpdated:September 11, 2026

Goodfirms has reviewed 42 Management Consulting Firms in Mumbai as of September 2026. The top-ranked firm is Avalon Consulting (0.0 stars, 0 verified reviews, $50 - $99/hr, founded 1989, Mumbai). Across the category, the median hourly rate is $25, median client rating is 4.9, and 32% of firms employ 50+ members. Explore the vetted Management Consulting Firms in Mumbai companies below, compare their strengths, and connect with the provider best suited to your requirements.

Seeking to outsource from the consulting firms in Mumbai? With professionals in the team, it is easier to spot the errors in your plans and improve them swiftly without any delay. The business consulting firms in Mumbai provide effective communication. Thus, the risk of failure reduces as they keep you updated on the trends in the market. They analyze all the plans beforehand and measure its success rate to avoid even the smallest risk of failure. Moreover, the management consultants in Mumbai provide equal attention to all your projects, and with their vast team of professionals, you can meet your objectives smoothly. Therefore, it is cost-effective to hire the best consultants for conducting positive risk analysis. For guiding you in finding the right firm for your requirements, a rundown of the best management consulting firms in Mumbai as per rankings and feedback from trusted clients. Check the list below.

42Verified firms
$25/hrMedian hourly rate
4.9 ★Median rating
32%Have 50+ members

Goodfirms has verified 42 Management Consulting Firms in Mumbai - part of 3,357+ Management Consulting Firms, each passing Goodfirms' 4-step verification process (background check, client interviews, portfolio audit, ongoing quality review). Listings marked "Sponsored" are agencies that pay for premium placement - sponsorship does not affect star ratings or review content.

Top 10 at Glance

Compare the highest-ranked firms first side by side.

Rank
Company
Rating
Reviews
Hourly Rate
Team Size
Founded
Location
Action

Top Management Consulting Firms in Mumbai | Top Business Consulting Firms in Mumbai

Find a Management Consulting Company Near you
Find a Management Consulting Company Near you
Service
Hourly Rate
Employees
ReviewsAll Companies
Industry
Client Type
  • We provide practical and implementable solutions to our clients, both large and small, on how to optimise value from each business within the Group. Our services include: Group portfolio and diversification strategy Identification and harnessing of synergies between businesses Shared services strategy Talent strategy

    $50 - $99/hr
    50 - 249
    1989
    Mumbai, India
  • CONSULTING SERVICES The core founding partners are professionals who have worked with international and domestic investment banks across the areas of India Entry Strategy, Venture Capital Advisory, Mergers and Acquisitions, Project Finance and Primary Capital Market Transactions. Quest has developed a unique consulting model for addressing the issues faced by entrants wishing to leverage ‘India’ ... read Quest Partners reviews & insights

    $25 - $49/hr
    10 - 49
    2000
    Mumbai, India
  • The Pharmaceuticals sector has seen immense growth in the recent times. Research-led major pharma companies are looking at the growing domestic markets and other markets like UAE. Amidst increasing competition in the space, companies are challenged to understand the industry, for peak revenue estimates, to get a better patent environment, pricing and market access. Clients ... read UC STRATEGY reviews & insights

    < $25/hr
    10 - 49
    1994
    Mumbai, India
  • Our consulting services We provide expert advice to C-level executives on their toughest strategic issues. Strategy Adaptive. Ahead. Always. Our strategic management consulting services are at the core of everything that we do. We help you make the big decisions necessary to succeed in today’s complex and uncertain world. In a time of geopolitical shifts, ... read Kanvic Consulting reviews & insights

    < $25/hr
    10 - 49
    2007
    Mumbai, India
  • BMGI India is the Indian arm of BMGI Global consulting firm specializing in providing management consulting solutions to India and Asia Pacific region in strategy, innovation, problem solving and business transformation across all industries and recognised as a world leader in Performance Excellence. Over the years, we have partnered with clients in solving their most ... read BMGI India reviews & insights

    < $25/hr
    50 - 249
    1999
    Mumbai, India
  • Your Retail Coach (YRC) is an expert division of Mind-A-Mend Consultancy Pvt. Ltd. YRC is into Retail Business Expansion & Management Services since 2012. YRC works for Retail Companies who wish to Organise their Operations and Expand their Business. YRC has developed SOPs for 100+ brands till date and is still associated with more than ... read YourRetailCoach reviews & insights

    < $25/hr
    10 - 49
    2010
    Mumbai, India
  • PQSmitra is one of the leading ISO 45001 consultants in Mumbai, India. Our ISO 45001 certification consultancy services include awareness training, occupational health and safety policy - objectives workshop, gap analysis, documentation design including manuals, procedures, work instructions, formats etc. PQSmitra is a leading Management Consultant with over 2500 satisfied clients, delivering high-quality Management Consultancy ... read PQSmitra reviews & insights

    NA
    10 - 49
    Mumbai, India
  • Deflytics is a niche consulting firm focused on the Enterprise Performance Management (EPM) domain for 12+ years. We combine our consulting expertise with global, new-age planning platforms to digitize the end-to-end planning processes in Finance, Supply Chain, Sales & Marketing, and Workforce planning. Relying largely on spreadsheets or legacy tools for business planning, tends to ... read Deflytics Consulting Private Ltd reviews & insights

    NA
    10 - 49
    2012
    Mumbai, India
  • Using AI Tools

    • ChatGPTChatGPT

    Aranca is a global market research and advisory company specializing in market research, competitive intelligence, investment research, valuation advisory, procurement intelligence, ESG research, and business analytics services. The company supports Fortune 500 corporations, private equity firms, investment banks, and consulting organizations with high-quality research and strategic insights for due diligence, benchmarking, market opportunity assessment, valuation, ... read Aranca Mumbai Pvt. Ltd. reviews & insights

    NA
    250 - 999
    2003
    Mumbai, India

    Why Aranca Mumbai Pvt. Ltd.?

    • 23 years of experience
    • Client-first approach
    • Global presence with multilingual team
  • Sujora Shipping Private Ltd, established in 1997, offers expert services in Shipping Certification, Ship Broking of dry cargo, crude, and clean petroleum products, Sale & Purchase of ships, and Commercial Management of Bulk Carriers.

    NA
    2 - 9
    1997
    Mumbai, India
  • Using AI Tools

    • ChatGPTChatGPT
    • GrammarlyGrammarly
    • CanvaCanva

    ARROWHEAD Consulting is a leading business consulting and training firm focused on helping organizations improve operational efficiency, productivity, and overall business performance through Lean Six Sigma methodologies. Based in India, the company provides expert consulting services, process improvement strategies, quality management solutions, and certified training programs to businesses across multiple industries. Their expertise includes Lean ... read ARROWHEAD Consulting reviews & insights

    < $25/hr
    10 - 49
    2020
    Mumbai, India

    Why ARROWHEAD Consulting?

    • Expert Lean Six Sigma Solutions
    • Proven Process Improvement Experts
    • Customized Business Growth Strategies
  • Re-engineering Business Solutions or RenB is a transnational Knowledge Ware company promoted by professionals having decades of Business and Operational Experience of Building and Running Successful Business across geographies spanning India, Europe, USA and Africa. Equipped with a core team of specialists having enormous experience in various Business & Functional domains across industries, RenB has ... read RenB solutions reviews & insights

    NA
    2 - 9
    2015
    Mumbai, India
  • SSA is a global management consultancy offering bespoke solutions for business improvement aimed at building competitiveness of an enterprise to achieve profitability, growth, and perpetuity. It was founded in 1999 by late N.C. Narayanan (fondly known as NC), a renowned management guru with a missionary zeal to help enterprises scale and prosper. In its journey ... read SSA Consulting Group reviews & insights

    NA
    50 - 249
    1999
    Mumbai, India
  • One of the best b2b portal in India. Tata nexarc is a digital growth platform that enables emerging businesses to grow, solve challenges and optimize processes. It offers a range of trusted products, solutions and services to help businesses find new opportunities, get practical tips and expert advice, gain new skills and more.

    NA
    50 - 249
    2020
    Mumbai, India
  • How can your organisation grow if your people can’t? For years we have been investing in people in helping them show up at the workplace and give their best. And for years we have been asking ourselves what is it that people need in order to do that? Seven People Systems Pvt. Ltd. germinated from ... read Seven People Systems Pvt. Ltd. reviews & insights

    $200 - $300/hr
    10 - 49
    2007
    Mumbai, India

    Why Seven People Systems Pvt. Ltd.?

    • 20 Years of India Experience across 25 Industries
    • Outcome-bound engagements
    • Context-first approach
  • Sales & Profit is a B2B sales performance improvement company offering Sales Consulting, Sales Training and Sales Recruitment services to organizations in the B2B space. We help our clients improve their sales metrics and grow their revenue. We aspire to become a globally respected B2B Sales Performance Improvement Organization that provides best-of-breed business solutions, delivered ... read Sales & Profit reviews & insights

    $25 - $49/hr
    10 - 49
    20
    Mumbai, India
  • StoryWorks offers business storytelling strategies and data to business owners, founders, project managers, and sales leaders so they can communicate better with their clients and increase their business. The website is designed to allow corporate decision-makers to understand the offerings we provide and give them an avenue to get in touch with us.

    NA
    2 - 9
    2013
    Mumbai, India
  • Yes CRM is an experienced CRM Consultancy & Salesforce and Zoho Partner who specialise in offering the best CRM consulting, implementation, development and training services. We offer onshore and offshore CRM services to all businesses. We have helped many small and medium-sized businesses to successfully implement CRM software. Thus, do get in touch with us ... read YES CRM Consultant reviews & insights

    NA
    2 - 9
    2012
    Mumbai, India
  • At Fornax, We empower clients 🚀 to Optimise | Automate | Structure data collection processes. And churn it into valuable insights to drive faster and accurate data-driven decisions. 📊 🚀 Our Core Services lines include :- Business Process Management Process Automation Process Optimization Strategy Consulting Data Analytics Our approach defines us as a team 📖. ... read Fornax reviews & insights

    NA
    2 - 9
    2019
    Mumbai, India
  • Synclature is a business consulting firm that provides strategic consulting, information assurance, technology and cyber risk services to private, public and government clients across India, Ireland, Denmark, New Zealand, Singapore, Malaysia, Saudi Arabia, UAE, UK, and the US. Formally established in 2013, Synclature has been rendering services to industry sectors such as banking, insurance, education, ... read Synclature Consultancy Pvt Ltd reviews & insights

    $50 - $99/hr
    10 - 49
    2013
    Mumbai, India
  • Using AI Tools

    • Notebook LMNotebook LM

    Chapter 1 is a boutique marketing and branding house focused on hospitality and lifestyle brands, built on three core pillars, strategy, storytelling, and creative execution. We work with brands to shape not just how they look, but how they feel, communicate, and connect with people across every touchpoint. From brand identities and creative campaigns to ... read Chapter 1 reviews & insights

    $100 - $149/hr
    10 - 49
    2023
    Mumbai, India

    Why Chapter 1?

    • Deep hospitality expertise
    • Strategy led
    • Multi-Disciplinary Creative Approach
  • DimenZion3 Talent Consulting LLP was launched in 2012 and is a significantly growing training and consulting organization based in Mumbai, India. Co-founded by veteran professionals Hema Kulkarni and Shrivallabh Kulkarni, the mission of the organization is to grow organizational capacity for maximum capability by creating opportunities for organizational learning and leadership and diversity growth. DimenZion3 ... read Dimenzion3 Global Solutions Private Limited reviews & insights

    < $25/hr
    2 - 9
    2012
    Mumbai, India
  • We partner with clients in building brands and driving growth for their business. Just in a short span, we’ve developed solid case-studies where we’ve help clients raise standards, scale up, or even design a culture

    NA
    10 - 49
    2008
    Mumbai, India
  • We understand that the development of a long term relationship between client and vendor requires us to have knowledge of the clients’ industry, effective management team and qualified and trained personnel. Our success in the industry has come from our extensively trained personnel backed by the supervision of our own staff. You will be thoroughly ... read S.G.BAGWE INDUSTRIAL SERVICES reviews & insights

    NA
    50 - 249
    2000
    Mumbai, India
  • Ernst & Young Global Limited, commonly known as Ernst & Young or simply EY. We are one of the largest professional services networks in the world. We are considered as one of the Big Four accounting firms. We primarily provide assurance (which includes financial audit), tax, consulting and advisory services to its clients. We expanded ... read Ernst & Young Private Limited reviews & insights

    NA
    10000+
    1989
    Mumbai, India
  • We are a dynamic team of HR and Management Professionals from diverse industries and academic backgrounds. However, what truly unites us is our unwavering belief that the potential of the people factors in organizational success remains untapped, despite years of progress in the HR discipline. Our passion lies in unlocking this untapped potential. Though we ... read Performance Enablers reviews & insights

    $200 - $300/hr
    2 - 9
    2016
    Mumbai, India
  • N. G. Thakrar & Co. is a leading chartered accountancy firm which offers following services to its clients like audit, management consultancy, tax consultancy, accounting services, secretarial services etc.

    NA
    10 - 49
    1985
    Mumbai, India
  • Quikchex makes it easy and affordable for Indian SMBs to pay and manage their employees. Through a single beautifully designed interface, HR Managers, Finance Managers and/or Payroll managers can process payroll, leave and reimbursements in a matter of minutes.

    NA
    50 - 249
    2013
    Mumbai, India
  • J’ Edge Services is a process driven 360-degree service provider offering HR solutions to SMEs or Large Enterprises. We strive to provide our business clients with the best of our consulting services and make them achieve their goals and objectives through our assistance.

    NA
    50 - 249
    2010
    Mumbai, India
  • We provide a host of services like Third Party Outsourcing (Contract Staffing), Payroll Management, Recruitment, Human Resource Consulting. Our USP is mentioned below 1. KDS Employees 3000+ PAN ASIA 2. KDS Serves PAN INDIA+ International –Singapore, Malaysia, Saudi & Kuwait. 3. KDSHrms Mobile Application solution 4. KDS Compliance on Monthly Basis as per PAN India ... read KnocDoorServices reviews & insights

    NA
    10 - 49
    2010
    Mumbai, India
  • A complete range of HR Software , all integrated, to meet your HR management requirements. Supports Multiple Companies, Multiple Locations, Multiple Languages, Employee Self Service, and much more.izmosys will input/capture, compute and finalize the Client’s payroll i.e. claims and monthly salary payouts. This will be carried out in strictest confidence by Gizmosys based on all ... read Gizmosys Solutions reviews & insights

    NA
    50 - 249
    2009
    Mumbai, India
  • Using AI Tools

    • ChatGPTChatGPT
    • Microsoft CopilotMicrosoft Copilot
    • ClaudeClaude
    • GeminiGemini
    • PerplexityPerplexity
    • + 3 More

    Luminedge is an enterprise capability and workforce transformation company focused on building future-ready organizations through learning, skilling, and performance enablement. We partner with organizations to design and deliver scalable capability-building solutions aligned to business outcomes across sales, service, leadership, technology, and workplace effectiveness. Our core offerings include: • Sales & Service Academies • Customized Capability ... read Luminedge Advisory Pvt. Ltd. reviews & insights

    NA
    50 - 249
    2026
    Mumbai, India

    Why Luminedge Advisory Pvt. Ltd.?

    • AI-Ready Workforce Transformation
    • Training, Content & Talent in One
    • Beyond Training, We Build Capability
  • Using AI Tools

    • ChatGPTChatGPT
    • ClaudeClaude
    • PerplexityPerplexity
    • GeminiGemini
    • CanvaCanva
    • + 3 More

    WolfzHowl is a behavioural strategy consultancy built on one principle: belief change must precede and sustain behaviour change. Our diagnostic mother-system, BbOS, the Belief and Behaviour Operating System, turns that principle into brand strategy, communications and growth. Our foresight practice, Nostradamus, maps where a category’s beliefs and behaviours are heading next. Our consumer intelligence arm, ... read Wolfzhowl Strategic Instigations reviews & insights

    NA
    2 - 9
    2016
    Mumbai, India

    Why Wolfzhowl Strategic Instigations?

    • Behaviour change strategy, not just campaigns
    • Belief led diagnostics, insights engine, foresight
    • 14 years across India, SEA, MENA
  • We started our journey in the year 2000. Sharp stands for the highest standards of customer services and integrity in the industry. We have built a reputation for professionalism in everything we do day-in and day-out serving our clients. Thus, we are widely recognized as the trusted business partner of choice for various HRD Services.

    NA
    10 - 49
    2000
    Mumbai, India
  • ASBS & CO. is a leading Chartered Accountancy firm based in India, delivering high-quality, technology-driven financial and professional services with a global mindset. We are proud to be ISO 27001 and ISO 9001 certified, demonstrating our commitment to data security, quality management, and service excellence. Our reputation is built on trust and performance—we are empanelled ... read ASBS & Co. reviews & insights

    $25 - $49/hr
    250 - 999
    2013
    Mumbai, India
  • Onward Technologies provides engineering and IT services for a variety of different industries and has 13 offices in the USA, UK , India and Germany with expertise in Product Engineering, Embedded System Programming, 3D CERO (CAD/CAM/CAE/PLM), SAP, Data Analytics.

    NA
    Freelancer
    Mumbai, India
  • We are a business consultancy company that provides wholesome problem-solving solutions to business houses. We help organizations across the industry segments to create the change that matters to them the most. We provide expert advice to organizations, helping them solve complex problems, improve performance, and achieve their business goals.

    NA
    2 - 9
    0
    Mumbai, India
  • A global award winning digital marketing social media agency with clients catered across16 countries. Founded in March 2010. We have delivered 400 Million Dollars in sales for client brand partners globally using digital marketing social media ROI campaigns. We have also trained 1,00,000 participants across Fortune 500, elite academic institutions and corporate brands. Our expertise ... read Techdivine Creative Services reviews & insights

    NA
    10 - 49
    2010
    Mumbai, India
  • The Nocturne Lab is a modern digital creative agency focused on helping startups and growing brands launch, scale, and establish a powerful online presence. We combine strategy, design, and technology to build end-to-end digital ecosystems that drive real business growth. Our expertise spans across website and app development, branding, digital marketing, UI/UX design, and growth ... read The Nocturne Lab reviews & insights

    NA
    2 - 9
    2025
    Mumbai, India

    Why The Nocturne Lab?

    • Performance-first approach
    • We think like founders, not vendors
    • Tailored solutions, no templates
  • Kaizen Consultancy Services is a leading PF-ESIC Consultancy and Labour law Consultant in Mumbai, Thane, Navi Mumbai and Pune. We offer a wide range of services to businesses from MSME to Corporate offices, including Payroll, Salary process, Provident Fund Registration 🏦, PF Withdrawal, EPF Consultation 📚, ESIC Consultants, Professional Tax, labour welfare Fund. Along with ... read Kaizen Consultancy Sevices reviews & insights

    $25 - $49/hr
    2 - 9
    2019
    Mumbai, India
  • Arete Ventures is a globally recognized international business firm headquartered in the bustling city of Mumbai, India. With a strong commitment to excellence, we specialize in providing top-notch solutions in Website Development, Digital Marketing, and SEO services to esteemed clients worldwide. Our journey has been marked by a relentless pursuit of innovation, quality, and client ... read Arete Ventures reviews & insights

    $25 - $49/hr
    2 - 9
    2003
    Mumbai, India
  • Grazing Minds is an online EdTech and consulting company that offers live online courses. The company offers full-time, online three month and year-long courses for users looking to get into BFSI, logistics, marketing and hospitality as careers as well as employability tools and career services, enabling professionals to upskill themselves and get placed as per ... read Grazing Minds reviews & insights

    < $25/hr
    10 - 49
    2018
    Mumbai, India

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1 cities with the best Value Score for hiring.

Ranked by a composite blending firm count (supply), average rating (quality), and average hourly rate (cost). Affordability is weighted highest (50%), so this surfaces genuinely affordable destinations - not just the biggest markets.

Where the firms are.

Bubble size shows how many firms each country has; colour shows its average hourly rate. Tap any country for its firm count, average rate, rating, and Value Score.

Loading map…

All cities ranked by Value Score.

Every city in scope, ranked by Value Score.

CityFirmsAvg RateAvg RatingValue ScoreAction
INMumbai237$46/hr4.981View firms
INMumbai
237 firms$46/hr4.9
Value Score81 / 100

Match by work-hour overlap with your team.

Cost matters - but so does being able to actually talk to your developer during your workday. Here are the best destinations for each major hub.

If you're in US (PT/ET)Recommended

Look for nearshore LATAM partners - same-day collaboration, similar time zones, and 50-60% cost savings vs domestic.

MXMexico~7h overlap
ARArgentina~6h overlap
BRBrazil~5h overlap
CACanada~8h overlap
If you're in Europe (CET/GMT)Recommended

Eastern Europe is your sweet spot - 1-2h time zone shift, EU GDPR alignment, and 40-50% lower rates than Western Europe.

PLPoland~8h overlap
UAUkraine~7h overlap
RORomania~7h overlap
ZASouth Africa~8h overlap

How firms are placed on the matrix

Every position on this chart is the output of the Goodfirms ranking algorithm - a weighted composite of signals across two axes. The algorithm is recomputed regularly and is fully documented.

Sponsorship does not affect placement. PRO members receive visible badges and ad placements, but their algorithmic scores are calculated identically to free listings.

Read the full methodology
Algorithm at a glance
1
X-axis (Core Competencies): Service Focus Ratio + Portfolio Depth + Quality + Experience
2
Y-axis (360-Performance): Client Reviews + Market Presence + Goodfirms Score
3
Missing signals are excluded from a firm's score, not substituted with defaults - weights redistribute across remaining inputs
4
Recency decay over the last 18 months keeps stale reviews from dominating
5
Eligibility floor: ≥ 1 published review in this category scope

Found your target region?

Browse all firms in your chosen country - or let us hand-pick matches based on your project, budget, and time-zone preference.

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Cities with the best Value Score for business services hiring.

Ranked by a composite score blending firm count (supply), average rating (quality), and median hourly rate (cost). Affordability is weighted highest (50%), so this list surfaces actually affordable destinations rather than just-big markets.

Budget leader
Mumbai · $0-24/hr

63 firms in this tier - more than any other city, averaging 4.9 ★. Top picks: Hire Glocal, The Yellow Spot, Affluence.

Mid-tier leader
Mumbai · $50-99/hr

15 firms in this tier - more than any other city. Top picks: WebtelIndia, M.Gheewala Global HR Consultants, Avalon Consulting.

Top tier leader
Mumbai · $150+/hr

4 firms in this tier - more than any other city. Top picks: K. S. Aiyar & Co, Vigor Launchpad, Performance Enablers.

Loading heatmap…
Cell intensity (firm density):
Low
High
Best Value marks the densest, highest-rated, most-affordable cell per row

How the heatmap is built

Every cell in the grid above is the count of firms in (place × hourly-rate tier). Firms are placed by their published hourly rate; those without a disclosed rate are not plotted.

Top company names per cell are surfaced by Value Score - a weighted blend of affordability (50%) + rating (35%) + review volume (15%).

The "Best" ribbon marks the cell in each row where firm density, ratings, and affordability line up best - the densest, highest-quality combination.

Read the full methodology
Value Score · per firm
ValueScore = 0.50 × Affordability
+ 0.35 × Rating
+ 0.15 × Review Volume
// All sub-scores normalized 0-100
// Affordability = (1 - rate/$200) × 100
// Rating = (rating - 3) / 2 × 100
// Volume = log10(reviews+1)/log10(200) × 100

Found your target region?

Browse all business services firms in your chosen country - or let our AI hand-pick 3 matches based on your project, budget, and time-zone preference.

Get 3 AI-Matched Firms