25 new Indian startups are getting recognition, according to the LinkedIn Top Startups 2022 list. The list identifies organisations like CRED, upGrad, and Zepto that you should be paying attention to and is supported by unique LinkedIn data assessing several components of growth and demand.
India’s startup landscape has evolved to become the third largest in the world, after the U.S. and China. In fact, Indian startups raised over $21 billion between January to August 2022, with one of LinkedIn Top Startups 2022, upGrad, leading the way with a funding of $210 million in Series F funding. And this robust startup ecosystem is key to India realising its dream of becoming a $5 trillion economy by 2025, as reported by LinkedIn News India.
A company’s beginnings and growth have always been challenging, but today more than ever. It’s becoming harder for new businesses to raise capital and expand swiftly as the working world navigates widespread inflation and economic instability.
But while it’s a challenging moment, some argue that innovative ideas are born in times of uncertainty. Operating under constrained resources and limited capital can push young companies to prioritise assets and values and adapt quickly.
Read also – Top 10 Best Internship Websites In India in 2022
The 5th annual LinkedIn Top Startups 2022 list, published by LinkedIn News India, features 25 Indian companies that are rising to the difficulties of the day and will still be innovating and gaining attention in 2022.
Here are this year’s 25 Top Startups in India | LinkedIn Top Startups 2022 –
Bengaluru-based credit card rewards app CRED was founded in 2018.
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.
Mumbai-based ed-tech startup upGrad was founded in 2015.
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.
Read also – [Funding alert] Edtech unicorn upGrad raises $210 mn in funding
Online investment startup Groww, based in Bengaluru was founded in 2016.
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.
The Mumbai-based online delivery startup, Zepto was founded in 2021.
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.
The Hyderabad-based Skyroot Aerospace was founded in 2018.
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.
MBA Chai Wala
The Ahmedabad headquarters MBA Chai Wala was founded in 2016.
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.
The Gurugram-based pre-owned car marketplace, Spinny was founded in 2015.
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.
The Good Glamm Group
The Pune-based The Good Glamm Group was founded in 2017.
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.
The Bengaluru-based upskilling platform GrowthSchool was founded in 2021.
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.
Read also – [Funding alert] Growth School raises $5 mn in seed funding from Sequoia Capital India, others
Headquarters in Gurugram, smart mobility platform BluSmart was founded in 2019.
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.
Headquarters in Bengaluru, the social media platform ShareChat was founded in 2015.
ShareChat is a social media platform that aims to make sharing and documenting lives in various native languages easy. The platform, which has more than 180 million active users, recently partnered with e-commerce enabler Dukaan to enable merchants and creators to collaborate and promote products through video and live content.
Headquarters in Bengaluru, insuretech platform Ditto Insurance was founded in 2018.
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.
Headquarters in Bengaluru, buy now pay later platform Simpl was founded in 2015.
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.
Headquarters in Bengaluru, transportation and logistics platform Rapido was founded in 2015.
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.
Headquarters in Noida, the e-learning platform Classplus was founded in 2018.
Classplus provides private coaching institutes with a unified platform to manage tasks and reach students. The company recently made its maiden investment by acquiring a minority stake in Testbook.
Headquarters in Gurugram, Park+ was founded in 2019.
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.
Bangaluru-based BlissClub, 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.”
Headquarters in Bengaluru, social e-commerce platform DealShare was founded in 2018.
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.
Headquarters in Bengaluru, wellness and fitness platform, Ultrahuman was founded in 2019.
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.
Headquarters in Bengaluru, food and beverage platform Living Food was founded in 2018.
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.
Headquarters in Bengaluru, fintech platform FamPay was founded in 2019.
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.
Headquarters in Chennai defence and space manufacturing platform, AgniKul Cosmos was founded in 2017.
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.
Headquarters in Gurugram, hospitality platform Stanza Living was founded in 2017.
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.
Headquarters in Bengaluru/Gurugram, the audio streaming app Pocket FM was founded in 2018.
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.
Headquarters in Gurugram, logistics platform Zypp Electric was founded in 2017.
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.
LinkedIn measures startups based on four pillars: employment growth, engagement, job interest and attraction of top talent. Reported by: Isha Chitnis, Nirajita Banerjee and Divya Pathak.
This year’s 25 Top Startups in India | LinkedIn Top Startups 2022 – Published by LinkedIn News India.
Startups are a natural place to look for new ideas and innovation. But they’re also risky. And have not been immune to recent economic turmoil. While there’s no doubt it’s a challenging moment, uncertainty often sparks innovation. Operating under constrained resources can push companies to be nimble, more intentional and adapt quickly.
Today LinkedIn News India unveil the LinkedIn Top Startups 2022 list in India, a look at the 25 emerging companies that are rising to the challenges of the moment and continuing to innovate and gain attention.
This post was created on the behalf of LinkedIn News India and all image’s and content credit goes to LinkedIn News India.
Frequently asked questions (FAQs)
Which are the LinkedIn top startups 2022 in India?
CRED, UpGrad, Groww, Zepto, Skyroot Aerospace, MBA Chai Wala, Spinny, The Good Glamm Group, GrowthSchool, BluSmart, ShareChat, Ditto Insurance, Simpl, Rapido, Classplus, Park+, BlissClub, DealShare, Ultrahuman, Living Food, FamPay, AgniKul Cosmos, Stanza Living, Pocket FM, and ZYPP Electric are the LinkedIn top startups 2022 in India.
How LinkedIn measures top startups in India?
LinkedIn measures startups based on four pillars: employment growth, engagement, job interest and attraction of top talent.
How many startups placed in LinkedIn top startups 2022 in India?
25 startups placed in LinkedIn top startups 2022 in India.