According to LinkedIn, top 20 startups to emerge in India in 2023


Venture funding, layoffs and leadership churn have taken a toll on Indian startups amid economic headwinds in the past year.

However, despite all the gloom, the country’s space tech startup ecosystem has scaled new heights, with artificial intelligence-focused companies attracting investor interest, and electric vehicle (EV) startups powering the green ride in India Inc. Have been.

Also read: Top panel to consider special arrangements for big startups

According to the sixth annual LinkedIn Top-Startups list, 20 young companies in the country “have pushed their way through recent economic and workplace challenges and managed to stand out to investors and top talent”.

(Exciting news! Mint is now on the WhatsApp channel. Subscribe today by clicking the link and stay updated with the latest financial information! Click here,

In compiling the list, LinkedIn measured startups based on four pillars: employment growth, engagement, interest in the job and attraction of top talent. LinkedIn said the time frame for the methodology is from July 1, 2022, to June 30, 2023.

Fintech startups continue to dominate the “LinkedIn Top Start-ups 2023” list for India. This year, four fintech startups were included in LinkedIn’s list – Ditto Insurance, Fi, Jar and Stockgrow. EdTech is another prominent industry on this year’s list, with companies like GrowthSchool (10), TeachNook (13), and AccioJob (17).

Also read: Income Tax Department notifies ‘Angel Tax’ rules for valuation of investments in startups

According to LinkedIn, staffing firms, think tanks, venture capital firms, law firms, management and IT consulting firms, non-profits and philanthropy, accelerators and government-owned entities are excluded from the list. Additionally, startups that have laid off 20% or more of their workforce based on corporate announcements or public, reliable sources between July 1, 2022, and the list launch are also excluded from the list.

Here is the complete list of India’s top start-ups in 2023:

1. Zepto

  • Number of full-time employees: 1400+
  • the headquarters: Mumbai
  • Year of Establishment: 2021
  • What they do: Zepto is an instant commerce company that delivers groceries and essentials across 10 cities in India. The Mumbai-based startup raised $200 million in August and is set to become India’s first unicorn in 2023.

2. BlueSmart

  • Number of full-time employees: 620
  • the headquarters: Gurugram
  • Year of Establishment: 2018
  • What they do: BlueSmart offers electric ride-hailing services in Delhi NCR and Bengaluru with its 4,500-strong electric car fleet. Founded in 2019, the startup plans to expand this fleet to 10,000 cars by the end of this year and invest more in installing electric chargers across India.

3. Ditto Insurance

  • Number of full-time employees: 250+
  • the headquarters: Bengaluru
  • Year of Establishment: 2018
  • What they do: Founded in 2018, this insurtech startup helps people compare plans, understand policies, and buy insurance through its online platform.

4. Pocket FM

  • Number of full-time employees: 480+
  • the headquarters: Bengaluru
  • Year of Establishment: 2018
  • What they do: Audio series platform Pocket FM offers audio entertainment across multiple genres and Indian languages ​​through its 100,000+ hour strong content library. Founded in 2018, the company says they have 80 million listeners globally.

5. Skyroot Aerospace

  • Number of full-time employees: 260
  • the headquarters: Hyderabad
  • Year of Establishment: 2018
  • What they do: Hyderabad-based Skyroot Aerospace specializes in designing and manufacturing future space-launch vehicles. With its maiden mission launch, the startup becomes the first Indian private company to launch a rocket into space in 2022.

6. Gokwik

  • Number of full-time employees: 275
  • the headquarters: New Delhi
  • Year of Establishment: 2020
  • What they do: GoKwik provides data and technology-based solutions for ecommerce and D2C brands to improve customer experience across the shopping funnel and boost conversion rates and revenue growth.

7. fi

  • Number of full-time employees: 400
  • the headquarters: Bengaluru
  • Year of Establishment: 2019
  • What they do: Fi is a financial app with a built-in savings account that also offers other financial services like mutual fund investment options and personal loans in partnership with regulated institutions.

8. Sprinto

  • Number of full-time employees: 150+
  • the headquarters: Bengaluru
  • Year of Establishment: 2019
  • What they do: Sprinto automates information security compliance and privacy laws for software-as-a-service companies and helps monitor entity-level risks and controls.

9. Supersourcing

  • Number of full-time employees: 120
  • the headquarters: Indore
  • Year of Establishment: 2020
  • What they do: SuperSourcing is a B2B AI-enabled platform for hiring remote engineers and provides pre-vetted developers to medium and small-sized businesses, enterprises, and funded startups.

10. GrowthSchool

  • Number of full-time employees: 180
  • the headquarters: Bengaluru
  • Year of Establishment: 2021
  • What they do: GrowthSchool partners with instructors to create group-based courses on personal and professional development topics like marketing, design, and business.

11. Jar

  • Number of full-time employees: 180+
  • the headquarters: Bengaluru
  • Year of Establishment: 2021
  • What they do: Jar is an automated gold savings app that allows people to save extra money from their online transactions and invest it in digital gold, as well as offering manual and daily, weekly or monthly savings options. This app, launched in 2021, currently has more than 1.5 crore users.

12. shift

  • Number of full-time employees: 70
  • the headquarters: Gurugram
  • Year of Establishment: 2019
  • What they do: Shift, formerly known as Mindhouse, is a wellness and life management and tracking platform that offers health, yoga, nutrition, and dermatology programs.

13. Teachnuk

  • Number of full-time employees: 130+
  • the headquarters: Bengaluru
  • Year of Establishment: 2021
  • What they do: E-learning platform TeachNuk offers curated programs to help students enhance skills in subjects such as Web3, Augmented Reality/Virtual Reality, Business Development and Performance Marketing.

14. Stockgrow

  • Number of full-time employees: 60+
  • the headquarters: Bengaluru
  • Year of Establishment: 2020
  • What they do: Stockgrow aims to educate young investors about trading and investing. It allows people to build their trading skills in a simulated environment, follow experts and top investors, and also provides investment recommendations and portfolio management solutions.

15. Exponent Energy

  • Number of full-time employees: 185
  • the headquarters: Bengaluru
  • Year of Establishment: 2020
  • What they do: The startup is on a mission to simplify energy for electric vehicles (EVs) and offers a 15-minute quick charging solution for EVs.

16. Houser

  • Number of full-time employees: 100
  • the headquarters: Gurugram
  • Year of Establishment: 2019
  • What they do: Focused exclusively on millennials and working professionals, Houser offers luxury co-living and housing solutions across five Indian cities and over 75 properties.

17. AccioJob

  • Number of full-time employees: 190
  • the headquarters: Gurugram
  • Year of Establishment: 2018
  • What they do: Run by IIT Delhi alumni, ed-tech startup AccioJob offers courses around full-stack web development and data analytics.

18. TravelClan

  • Number of full-time employees: 190+
  • the headquarters: New Delhi
  • Year of Establishment: 2019
  • What they do: TravClan is a B2B platform offering business solutions for travel companies including flight and hotel bookings, travel websites, payment gateways and marketing materials.

19. Dotpay

  • Number of full-time employees: 450+
  • the headquarters: Gurugram
  • Year of Establishment: 2019
  • What they do: DotPe provides business solutions for omnichannel selling including point of sale, e-commerce website, QR, payments and delivery. It provides full stack food tech offering to food and beverage companies

20. harvest

  • Number of full-time employees: 170*
  • the headquarters: Bengaluru
  • Year of Establishment: 2018
  • What they do: Crop Horticulture is a full-stack platform for farming, started with the mission to take the guesswork out of farming. Through its AI-powered platform, the company provides farm-specific, crop-specific and crop-stage-specific actionable advice to farmers; And helps them in reducing the cost of farming and increasing the quality and yield.

“Exciting news! Mint is now on WhatsApp channels Subscribe today by clicking the link and stay updated with the latest financial information!” Click here!

Leave a Comment

“The Untold Story: Yung Miami’s Response to Jimmy Butler’s Advances During an NBA Playoff Game” “Unveiling the Secrets: 15 Astonishing Facts About the PGA Championship”