Zepto Tops The List Of India’s Top 20 Startups According To The LinkedIn Report
LinkedIn, one of the world’s largest professional networks, has just unveiled its highly-anticipated 2023 LinkedIn Top 20 Indian Startups List. The list takes into account a variety of factors, such as employee expansion, job seeker interest, and engagement between members and the company and its workforce, all drawn from LinkedIn’s community of over 950 million members.
The top startup spot in this year’s ranking goes to Zepto, an e-commerce grocery app that has seen remarkable growth since its founding in 2021, Zepto achieved unicorn status in August, making it India’s first unicorn of the year following a substantial $200 million in new funding. This is a significant accomplishment for the company, which previously held the 4th position in 2022.
BlueSmart, India’s inaugural electric ride-sharing company, secured the second position in the top 20 list of startups. Ditto Insurance, a fintech company founded in 2021, follows closely behind in third place.
This year’s list also includes a newcomer to the scene – Exponent Energy, an electric vehicle (EV) startup. Their inclusion on the list is indicative of the growth of the EV sector in India, encouraged by the government’s ‘Make in India’ initiative.
Furthermore, the fintech sector continues to dominate India’s Top Startups list, with four fintech startups securing a position. These include Ditto Insurance (rank 3), Fi (rank 7), Jar (rank 11), and StockGro (rank 14). Additionally, the tech industry also stands out on this year’s list, with companies like GrowthSchool (rank 10), Teachnook (rank 13), and AccioJob (rank 17), all of which underscore the ongoing demand for skill development among both professionals and students, driven by the rapid changes brought about by technologies like AI.
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