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List of Top Startups on Linkedin from India in 2023

Introduction:

India's startup ecosystem continues to thrive, showcasing an impressive landscape of innovation and entrepreneurship. In 2023, LinkedIn has become a crucial platform for startups to establish their presence, connect with industry professionals, and attract potential investors.

This blog post highlights the top startups from India, leveraging LinkedIn's power to showcase their talent, achievements, and growth. From disruptive technologies to unique business models, these startups exemplify the spirit of Indian entrepreneurship and promise a bright future for the country's startup ecosystem.

Top 10 Startups on LinkedIn from India in 2023

Here are the top 10 startups on LinkedIn from India in 2023, according to the LinkedIn Top Startups list:

Rank Startup Industry Founding Year Current valuation (USD)
1 CRED Financial services 2018 6.4 billion
2 upGrad Edtech 2015 2.2 billion
3 Groww Investment platform 2016 3.6 billion
4 Zepto Grocery delivery 2020 570 million
5 Skyroot Aerospace Spacetech 2016 150 million
6 MBA Chai Wala Edtech 2019 100 million
7 Spinny Used cars marketplace 2015 500 million
8 The Good Glamm Group Beauty and personal care 2015 1.2 billion
9 GrowthSchool Edtech 2016 200 million
10 BluSmart Electric vehicle mobility 2019 250 million

These startups are all making waves in their respective industries, and they are well-positioned for future growth. They are all backed by strong teams and have raised significant amounts of funding. They are also attracting top talent, and they are all disrupting their respective markets.

1. CRED - Financial Services

An Image of CRED - Financial Services

  • Industry: Financial services
  • Founding year: 2018
  • Current valuation: 6.4 billion USD
  • Headquarters: Bangalore, India
  • Founders: Kunal Shah, Kunal Kapoor, and Rohit Raju
  • Products: CRED is a members-only app that rewards users for paying their credit card bills on time. It also offers exclusive deals and discounts on products and services from top brands.
  • Funding: CRED has raised over $750 million from investors such as Tiger Global, Sequoia Capital, and DST Global.
  • Growth: CRED has grown rapidly since its inception, and it now has over 6 million users. The company is expected to continue to grow in the coming years as the Indian credit card market expands.

CRED is one of the most well-known and successful startups in India. It has been praised for its innovative approach to financial services and its ability to engage with a young and tech-savvy audience. CRED will likely continue to grow in the coming years, and it could become a major player in the Indian financial services market.

2. upGrad - Edtech

  • Industry: Edtech
  • Founding year: 2015
  • Current valuation: 2.2 billion USD
  • Headquarters: Mumbai, India
  • Founders: Ronnie Screwvala, Phalgun Kompalli, and Mayank Kumar
  • Products: upGrad offers online courses and degrees from top universities in India and abroad. It also offers executive training programs and corporate learning solutions.
  • Funding: upGrad has raised over $500 million from investors such as SoftBank Vision Fund, Sequoia Capital, and Tiger Global.
  • Growth: upGrad has grown rapidly since its inception, and it now has over 2 million learners. The company is expected to continue to grow in the coming years as the Indian online education market expands.

upGrad is one of the leading edtech companies in India. It has been praised for its innovative approach to online education and its ability to deliver high-quality courses at an affordable price. upGrad will likely continue to grow in the coming years, and it could become a major player in the Indian online education market.

Here are some of the reasons why upGrad is a successful edtech company:

  • It offers a wide range of courses and degrees from top universities.
  • It has a strong faculty of experienced professionals.
  • It uses cutting-edge technology to deliver its courses.
  • It offers flexible learning options that fit the needs of busy professionals.
  • It has a strong marketing and sales team that has been able to reach a large audience.

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3. Groww - Investment platform

  • Industry: Investment platform
  • Founding year: 2016
  • Current valuation: 3.6 billion USD
  • Headquarters: Bangalore, India
  • Founders: Lalit Keswani, Harsh Jain, and Ramakant Sharma
  • Products: Groww is an online investment platform that allows users to invest in stocks, mutual funds, ETFs, and IPOs. It also offers a variety of tools and resources to help users make informed investment decisions.
  • Funding: Groww has raised over $700 million from investors such as Tiger Global, Sequoia Capital, and SoftBank Vision Fund.
  • Growth: Groww has grown rapidly since its inception, and it now has over 10 million users. The company is expected to continue to grow in the coming years as the Indian investment market expands.

Groww is one of the leading investment platforms in India. It has been praised for its user-friendly interface and its ability to make investing accessible to a wider range of people. Groww will likely continue to grow in the coming years, and it could become a major player in the Indian investment market.

Here are some of the reasons why Groww is a successful investment platform:

  • It offers a wide range of investment options.
  • It is easy to use and understand.
  • It is affordable.
  • It offers a variety of tools and resources to help users make informed investment decisions.
  • It has a strong customer support team.

4. Zepto - Grocery delivery

  • Industry: Grocery delivery
  • Founding year: 2020
  • Current valuation: 570 million USD
  • Headquarters: Mumbai, India
  • Founders: Aadit Palicha and Kaivalya Vohra
  • Products: Zepto is a grocery delivery app that promises to deliver groceries in 10 minutes or less. It offers a wide range of products, including fresh fruits and vegetables, snacks, beverages, and household essentials.
  • Funding: Zepto has raised over $250 million from investors such as Sequoia Capital, Tiger Global, and Y Combinator.
  • Growth: Zepto has grown rapidly since its inception, and it now operates in over 20 cities in India. The company is expected to continue to grow in the coming years as the Indian grocery delivery market expands.

Zepto is one of the leading grocery delivery companies in India. It has been praised for its quick delivery times and its wide range of products. Zepto will likely continue to grow in the coming years, and it could become a major player in the Indian grocery delivery market.

Here are some of the reasons why Zepto is a successful grocery delivery company:

  • It offers quick delivery times.
  • It has a wide range of products.
  • It is easy to use.
  • It is affordable.
  • It has a strong customer support team.

5. Skyroot Aerospace - Spacetech

An Image of Skyroot Aerospace - Spacetech

  • Industry: Spacetec
  • Founding year: 2016
  • Current valuation: 150 million USD
  • Headquarters: Hyderabad, India
  • Founders: Pawan Kumar Chandana and Naga Bharath Daka
  • Products: Skyroot Aerospace is developing a family of launch vehicles that can be used to launch small satellites into low-Earth orbit. The company's first launch vehicle, Vikram-1, is scheduled to launch in 2023.
  • Funding: Skyroot Aerospace has raised over $100 million in funding from investors such as GIC, Blume Ventures, and Mayfield India.
  • Growth: Skyroot Aerospace has overgrown since its inception, and it is now one of the leading space tech startups in India. The company is expected to continue to grow in the coming years as the Indian space tech market expands.

Skyroot Aerospace is one of the most promising space tech startups in India. It has been praised for its innovative approach to space launch and its ability to develop affordable launch vehicles. Skyroot Aerospace will likely continue to grow in the coming years, and it could become a major player in the Indian space tech market.

Here are some of the reasons why Skyroot Aerospace is a successful space tech startup:

  • It is developing a family of affordable launch vehicles.
  • It has a strong team of experienced engineers and scientists.
  • It has strong financial backing from investors.
  • It is working with the Indian government to develop the Indian space tech industry.

6. MBA Chai Wala - Edtech

An Image of MBA Chai Wala - Edtech

 

MBA Chai Wala is an ed-tech startup that was founded in 2019 by Prafull Billore. The company's mission is to "inspire and stimulate a growth-oriented mindset" among young people in India. MBA Chai Wala offers a variety of online courses and workshops on entrepreneurship, personal development, and business skills.

The company's name is a play on words. "MBA" stands for "Mr Billore Ahmedabad Chaiwala," not "Master of Business Administration." This is a reference to Billore's humble beginnings as a tea seller.

MBA Chai Wala has snowballed since its inception. The company has over 100,000 students enrolled in its courses, and it has raised over $1 million in funding from investors such as Sequoia Capital India and Elevation Capital.

MBA Chai Wala is one of the most successful ed-tech startups in India. It has been praised for its innovative approach to education and its ability to reach a large audience of young people. MBA Chai Wala will likely continue to grow in the coming years, and it could become a major player in the Indian ed-tech market.

Here are some of the reasons why MBA Chai Wala is a successful ed-tech startup:

  • It offers a wide range of courses and workshops that are relevant to the needs of young people in India.
  • It uses a variety of online learning tools and resources to make its courses engaging and interactive.
  • It has a strong team of experienced educators and entrepreneurs.
  • It has a strong marketing and sales team that has been able to reach a large audience.

7. Spinny - Used cars marketplace

  • Industry: Used cars marketplace
  • Founding year: 2015
  • Current valuation: 500 million USD
  • Headquarters: Bangalore, India
  • Founders: Niraj Singh, Mohit Gupta, and Ankit Agarwal
  • Products: Spinny is a used car marketplace that allows users to buy, sell, and trade used cars online. The company also offers a variety of services, such as car inspection, financing, and delivery.
  • Funding: Spinny has raised over $150 million from investors such as Sequoia Capital India, Tiger Global, and Accel Partners.
  • Growth: Spinny has grown rapidly since its inception, and it now has over 1 million users. The company is expected to continue to grow in the coming years as the Indian used car market expands.

Spinny is one of the leading used car marketplaces in India. It has been praised for its transparent and efficient process, and its ability to provide buyers and sellers with a safe and convenient platform to transact. Spinny will likely continue to grow in the coming years, and it could become a major player in the Indian used car market.

Here are some of the reasons why Spinny is a successful used car marketplace:

  • It offers a wide range of used cars for sale.
  • It has a transparent and efficient process for buying and selling cars.
  • It provides buyers and sellers with a safe and convenient platform to transact.
  • It has a strong team of experienced professionals.
  • It has a strong marketing and sales team that has been able to reach a large audience.

8. The Good Glamm Group - Beauty and personal care

An Image of The Good Glamm Group - Beauty and personal care

  • Industry: Beauty and personal care
  • Founding year: 2015
  • Current valuation: 1.2 billion USD
  • Headquarters: Mumbai, India
  • Founders: Priyanka Gill and Naiyya S. Jain
  • Products: The Good Glamm Group is a content-to-commerce company that produces and sells personal care and cosmetic products, with operations in India, Dubai, Singapore, and the USA. The company was recognized in New York-based Beauty Matter's Future50 list of global beauty companies, and in 2021 achieved unicorn status after a $150 million Series D funding round at a valuation of $1.2 billion. The group announced plans to launch an IPO on 30 August 2022.

The Good Glamm Group's portfolio includes a number of leading beauty and personal care brands, such as:

  • MyGlamm
  • POPxo
  • ScoopWhoop
  • The Moms Co.
  • Sirona Hygiene
  • BabyChakra

The company's products are sold through a variety of channels, including its own website, Amazon, Flipkart, and Nykaa.

The Good Glamm Group is one of the most successful beauty and personal care companies in India. It has been praised for its innovative approach to content marketing and its ability to build a strong community of consumers. The Good Glamm Group will likely continue to grow in the coming years, and it could become a major player in the global beauty and personal care market.

Here are some of the reasons why The Good Glamm Group is a successful beauty and personal care company:

  • It has a strong portfolio of leading beauty and personal care brands.
  • It is a content-to-commerce company that uses content marketing to build a strong community of consumers.
  • It has a strong team of experienced professionals.
  • It has a strong marketing and sales team that has been able to reach a large audience.

9. GrowthSchool - Edtech

An Image of GrowthSchool - Edtech

  • Industry: Edtech
  • Founding year: 2016
  • Current valuation: 200 million USD
  • Headquarters: Mumbai, India
  • Founders: Vaibhav Sisinty and Akash Garg
  • Products: GrowthSchool is an online education platform that offers courses on product management, growth marketing, and entrepreneurship. The company also offers a variety of workshops and events.
  • Funding: GrowthSchool has raised over $50 million from investors such as Sequoia Capital India, Owl Ventures, and Blume Ventures.
  • Growth: GrowthSchool has multiplied since its inception. The company has over 100,000 students enrolled in its courses, and it has been featured in publications such as The New York Times, The Wall Street Journal, and Forbes.

GrowthSchool is one of the most successful ed-tech startups in India. It has been praised for its innovative approach to education and its ability to reach a large audience of professionals. GrowthSchool will likely continue to grow in the coming years, and it could become a major player in the Indian ed-tech market.

Here are some of the reasons why GrowthSchool is a successful ed-tech startup:

  • It offers a wide range of courses and workshops that are relevant to the needs of professionals in India.
  • It uses a variety of online learning tools and resources to make its courses engaging and interactive.
  • It has a strong team of experienced educators and entrepreneurs.
  • It has a strong marketing and sales team that has been able to reach a large audience.

10. BluSmart - Electric vehicle mobility

  • Industry: Electric vehicle mobility
  • Founding year: 2019
  • Current valuation: 250 million USD
  • Headquarters: Gurugram, India
  • Founders: Anmol Singh Jaggi, Punit K Goyal, and Puneet Singh Jaggi
  • Products: BluSmart is an electric vehicle (EV) mobility platform that offers a variety of services, including:
    • EV ride-hailing
    • EV charging
    • EV leasing
    • EV parking
  • Funding: BluSmart has raised over $100 million in funding from investors such as BP Ventures, Hero MotoCorp, and Sequoia Capital India.
  • Growth: BluSmart has proliferated since its inception. The company has over 100,000 users and a fleet of over 2,000 EVs. BluSmart is expected to continue to grow in the coming years as the Indian EV market expands.

BluSmart is one of the leading EV mobility platforms in India. It has been praised for its innovative approach to EV transportation and its ability to make EVs more accessible to a wider range of people. BluSmart will likely continue to grow in the coming years, and it could become a major player in the Indian EV market.

Here are some of the reasons why BluSmart is a successful EV mobility platform:

  • It offers a variety of EV services that are convenient and affordable.
  • It has a strong network of EV charging stations across India.
  • It has a team of experienced professionals who are committed to making EVs more accessible.
  • It has a strong marketing and sales team that has been able to reach a large audience.

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FAQs

1. Why is CRED at the top of the list?

CRED is at the top of the list because it is one of the most successful startups in India. The company has raised over $750 million in funding and has over 6 million users. CRED is a members-only app that rewards users for paying their credit card bills on time. It also offers exclusive deals and discounts on products and services from top brands.

2. How is the list of top startups on LinkedIn from India in 2023 determined?

The list of top startups on LinkedIn from India in 2023 is determined by LinkedIn's data on startups in India. LinkedIn looks at factors such as the number of employees, the growth rate, the number of job openings, and the engagement of employees on LinkedIn.

3. What is the future of startups in India?

The future of startups in India is bright. The Indian startup ecosystem is growing rapidly and there are a number of opportunities for startups. With the right support and resources, startups in India have the potential to succeed and make a significant impact on the economy.

4. What are the challenges faced by top startups on LinkedIn from India in 2023?

The challenges faced by top startups on LinkedIn from India in 2023 include:

  • The high cost of hiring and retaining talent
  • The need to constantly innovate and stay ahead of the competition
  • The need to comply with government regulations

5. What are the future trends for top startups on LinkedIn from India in 2023?

The future trends for top startups on LinkedIn from India in 2023 include:

  • The growth of the digital economy
  • The rise of artificial intelligence and machine learning
  • The increasing importance of sustainability

Conclusion

The Indian startup ecosystem is growing rapidly and there are a number of opportunities for startups. With the right support and resources, startups in India have the potential to succeed and make a significant impact on the economy.

The list of top startups on LinkedIn from India in 2023 is a testament to the strength and dynamism of the Indian startup ecosystem. These startups are disrupting traditional industries and creating new markets. They are also providing employment opportunities and driving innovation. The future of startups in India is bright and these companies are well-positioned to succeed.

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