Balsara is an Indian surname (Parsi/Hindu), similar to Bulsara, which indicates ancestry from Bulsar (Valsad). Notable people with the surname include:

Bhicaji Balsara, first Indian to be naturalised as a U.S. citizen Christina Balsara, married name of Christina Stone, Singaporean model and businesswoman Farrokh Bulsara, birth name of Freddie Mercury, British Indian entertainer and leader of Queen Poras Balsara, American engineer Sam Balsara, Indian advertising executive