LinkedIn, the social media platform for professionals has released its Top Startups List, featuring 25 Indian firms which according to it are “rising to the challenges of the moment and continuing to innovate and gain attention in 2022”. Member-based credit card platform CRED has emerged as the top Indian startup this year, followed by e-learning platform upGrad and online investment platform Groww as the other start-ups being the top three.
LinkedIn looked at its data across four pillars including employee growth, jobseeker interest, member engagement within the company and its employees and how well these start-ups pulled talent from the social media platform’s Top Companies List.
Mentioning how India’s startup landscape evolved as the third largest in the world after countries like the United States and China, LinkedIn said the start-ups raised over $21 billion between January and August this year. The social media platform said upGrad led the way with a funding of $210 million.
Here is the full Linkedin Top Startups List 2022.
1. CRED– CRED is a member-based credit card rewards app that has gained popularity for its quirky ads. Along with benefits like ElderCare and egg freezing as part of its BeniFlex Program, the company offers employees one-on-one support for mental wellness through their partners.
2.UpGrad– In partnership with numerous universities in India and abroad, upGrad gives professionals and college students the opportunity to upskill while they work. The edtech company recently raised $210 million and remains capital-efficient while growing 100% year-on-year.
3. Groww– This online investment platform provides an objective evaluation of various investment opportunities through stocks and mutual funds. With its user-friendly interface, it aims to simplify investment for the masses.
4. Zepto– With a wide selection of groceries, dairy products and more, Zepto delivers orders within 10 minutes. Co-founded by two 19-year-olds, the company’s latest funding round in May has helped it inch closer to unicorn status, with a current valuation of $900 million.
5. Skyroot Aerospace– Founded by engineers and former ISRO scientists, Skyroot Aerospace builds technologies for responsive, reliable and economic access to space. The spacetech company is currently working on its Vikram series of rockets which will help carry small satellites into space.
6. MBA Chai Wala– This chain of tea-serving cafes gained popularity because of the background of its unconventional founder. Founded by an ex-McDonald’s server, who is a son of a farmer and an MBA aspirant, MBA Chai Wala turned a small “thela” into a multiple franchises-strong business spread across over 100 Indian cities.
7. Spinny– Spinny is a marketplace for pre-owned cars that aims to make the process of buying and selling cars transparent and seamless. As it expands, the company is looking to hire up to 2,500 people from tier 2 and 3 cities.
8. The Good Glamm Group– Through the use of social media, this content-to-commerce platform promotes and assists in the sales of various cruelty-free and sustainable beauty and personal care brands. The ‘Good’ in the company’s name emphasises its focus on inclusive beauty and clean beauty products.
9. GrowthSchool– GrowthSchool aims to help its students grow both personally and professionally. Pastry chef Pooja Dhingra, Nearbuy co-founder Ankur Warikoo and All Things Small co-founder Devaiah Bopanna are among the mentors on the platform helping individuals advance their careers through debates, discussions, and live Q&As.
10. BluSmart– This all-electric cab service operates a fleet of more than 2,000 electric vehicles, offering customers a greener and more sustainable mode of transportation. They recently added hourly rentals, which allows users to keep the cab while running errands.
11. ShareChat – ShareChat (Mohalla Tech Pvt Ltd) is a social media company with more than 400 million monthly active users across its platforms ShareChat App and Moj. The company recently partnered with e-commerce enabler Dukaan to enable merchants and creators to collaborate and promote products through video and live content.
12. Ditto Insurance– Ditto provides education and advice for people looking to purchase insurance. The company, which has hired 50% of its existing employees from tier 2 and 3 cities, is looking to hire 100 new employees over the next year.
13. Simpl– Simpl is a buy now, pay later app that aims to give consumers and merchants more control over their commerce experience through its mobile-first platform. The company believes in “continuous learning” and provides its employees part sponsorship for any educational programme they want to pursue.
14. Rapido– Rapido is a bike-taxi service that offers doorstep pickup. The company, which recently launched an auto-service on demand, aims to have 50 million users by the end of the year.
15. Classplus– Classplus provides private coaching institutes and creators with a unified platform to manage tasks and reach students and allows them to monetise courses through their own super apps.
16. Park+ – The Park+ app caters to car owners’ daily needs, such as parking, FASTag management, car insurance and more. It recently launched India’s first car listing feature with information on 1,800 models and details on specifications, mileage, interiors and exteriors, and the on-road prices.
17. BlissClub– This female-focused clothing brand was founded in 2020. The company specialises in activewear for women in India, with technical apparel designed to meet the needs of all body types. What they look for while hiring? “The spirit of an entrepreneur, rigour of an athlete.”
18. DealShare– DealShare is a social e-commerce platform that delivers home groceries to your doorstep. Working with the local kirana stores and with a user-friendly interface, DealShare has made its mark primarily in tier 2 and 3 cities, which form the majority of its 20 million-strong customer base.
19. Ultrahuman– Ultrahuman is a fitness platform that helps its users track and improve their diet and exercise with the help of glucose biomarkers and experts. It recently took the smart wearables game to the next level by launching the Ultrahuman Ring — a smart ring to track metabolic fitness of users in real time.
20. Living Food– With a focus on fresh, clean produce, Living Food delivers a range of locally sourced and freshly made organic goods in recyclable or compostable packaging. Living Food allows its employees to bring their pets to work and also offers the purr-fect guests gourmet meals.
21. FamPay– FamPay allows teens to make online and offline payments without a bank account and thereby aims to transition the generation from cash to digital in a secure and seamless way. Last year, FamPay made headlines for raising one of India’s biggest Series A funding rounds.
22. AgniKul Cosmos– Based at IIT Madras, this Indian aerospace manufacturer designs, builds, tests and launches rockets powerful enough to propel micro and nanosatellites into the Earth’s orbit. AgniKul Cosmos recently unveiled the country’s first private factory dedicated to building rocket engines in Chennai.
23. Stanza Living– Stanza Living offers individuals co-living services in fully-furnished apartments along with amenities such as internet, laundry services, housekeeping and even meals. It recently forayed into fully managed apartment space across six cities in India, with fresh investment of $10 million.
24. Pocket FM– This audio streaming app allows you to listen to stories and podcasts across genres and currently has more than 2,00,000 creators and over 15 million monthly active listeners. Pocket FM is aiming to build a remote-first workplace.
25. ZYPP Electric– This Gurugram-based startup provides a sustainable delivery method to various e-commerce businesses with their fleet of electric scooters. From an annual retreat to weekly parties, and from musical events to Sports Day, they ensure the fun element remains intact at the workplace.
For any startup to be listed in the Linkedin list, it should be fully independent, privately held, comprise more than 50 full-time employees, be seven years old younger and be based in the country.
Linkedin excluded all the staffing firms, think tanks, venture capital firms, law companies, management and IT consulting firms, non-profits and philanthropic organisations, accelerators as well as government entities. The startups who had laid off 20 per cent or more of their workforce were also not eligible.
Linkedin has also shared list of companies all around the world, you can visit Linkedin News for all details.
