According to the LinkedIn Top Startups 2023 list, 20 new Indian startups have attracted attention. The list identifies companies you should be keeping an eye on, including Zepto, BluSmart, and Pocket FM, and is backed by exclusive LinkedIn data analyzing various demand and growth factors.
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This innovative spirit can be witnessed by the 20 young Indian companies that made the 6th annual LinkedIn Top Startups 2023 list. These companies are expanding quickly and garnering attention. These are the startups that have successfully navigated current economic and professional challenges while also managing to stand out to investors and top talent, as reported by LinkedIn News India.
Here is the list of the LinkedIn Top Startups 2023 in India
Zepto
Zepto, India’s fastest-growing e-grocery company, was valued at $1.4 billion after its $200 million Series-E fundraising from StepStone Group, Nexus Venture Partners, Glade Brook Capital, Lachy Groom, and others.
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It was founded in 2021 by Stanford University dropouts Aadit Palicha and Kaivalya Vohra.
BluSmart
With a fleet of 4,500 electric vehicles, BluSmart provides electric ride-hailing services in the Delhi-National Capital Region and Bengaluru.
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The startup, which was established in 2019, intends to increase its fleet to 10,000 vehicles by the end of the year and invest more money in installing electric chargers all over India.
Ditto Insurance
Insurtech startup Ditto Insurance was established in 2018 and uses its online platform to assist customers in comparing plans, comprehending policies, and purchasing insurance.
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The business informed LinkedIn that, in the upcoming year, they plan to hire hundreds of freshmen. 250+ full-time employees; Bengaluru, India; founded in 2018; most frequently used skills include communication, business management, and advertising.
Pocket FM
With a content library of more than 100,000 hours, the audio series platform Pocket FM offers audio entertainment in a variety of genres and Indian languages.
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The company, which was founded in 2018, claims to have 80 million listeners worldwide. more than 480 full-time employees; headquarters located in Bengaluru, India.
Skyroot Aerospace
Skyroot Aerospace, based in Hyderabad, specializes in creating cutting-edge space launch vehicles.
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The startup made history in 2022 when it launched its first rocket into space, Prarambh, making it the first private company from India to do so. It has 260 full-time employees.
GoKwik
For eCommerce and D2C brands, GoKwik provides data-driven solutions that are technology-driven in order to enhance customer experience throughout the entire shopping funnel, increase conversion rates, and increase revenue.
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It seeks to democratise the shopping experience by utilising AI/ML technologies to address issues like Return to Origin (RTO). There are 275 full-time employees.
Fi
Fi is a financial app that comes with a built-in savings account and partners with regulated organisations to provide other financial services like personal loans as well as mutual fund investment options.
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The business disclosed that it is seeking to hire backend engineers, and DevOps specialists, as well as for positions in product design and analytics. It has 400 full-time employees.
Sprinto
For software-as-a-service businesses, Sprinto automates information security compliances and privacy laws while assisting in the monitoring of entity-level risks and controls.
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The 2020-founded business supports more than 15 compliances. It has 150+ full-time employees.