Do you want to know the top 10 startups in India in 2022? LinkedIn has prepared a list on the basis of stability in an uncertain market and innovative practices. Here are the top 10 startups of the year.
Cred:
The fintech firm Cred launched by Kunal Shah in 2018 is known for its unique ads and campaigns. It has introduced several initiatives for employee welfare. Some of them are ElderCare, egg freezing, and one-on-one support for mental health.
UpGrad:
UpGrad, started in 2015, is one of India’s largest online portals for higher education. In June, the company announced that it will hire 3,000 people in the next three months. That too in a market where companies lay off employees.
Groww:
The investment firm Groww comes next on the list. Founded by former Flipkart employees Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh in 2016, it is a popular name in the investment sector.
Zepto:
This quick e-commerce player is the brainchild of Aadit Palicha and Kaivalya Vohra. Started in 2020, it is currently valued at $900 million. The company’s target is to achieve annualized sales of $1 billion by October 2023.
Skyroot Aerospace:
This private aerospace manufacturer is based in Hyderabad. The space-tech startup started by former ISRO scientists aims to make spaceflight affordable, reliable, and regular.
MBA Chai Wala:
Prafull Billore started the tea cafe chain MBA Chai Wala. The startup that launched with an investment of Rs 8,000 is now worth more than Rs 3 crore. Its current target is to make its presence in 200 Indian cities by the end of 2022. It also aims to generate more than 1,000 jobs.
Spinny:
Spinny is a pre-owned marketplace based out of Gurgaon. It has recently become a unicorn after raising $283 million in a Series E round. In India, it has more than 15 hubs in different locations such as Bengaluru, Delhi, and Mumbai.
The Good Glamm Group:
The Good Glamm Group started in 2021 is a digital-first house of brands. It has so far acquired 11 fast-growing and innovative beauty and personal care brands. In the last year, it raised $250 million. It was founded by Darpan Sanghvi and co-founded by Priyanka Gill and Naiyya Saggi.
GrowthSchool:
The ed-tech company was launched in October 2022. It has more than two lakh users so far. In January 2022, it raised $5 million in a seed round led by Sequoia Capital India and Owl Ventures.
BluSmart:
Last year, BluSmart, the Gurugram-based ride-sharing company, raised $25 million in a Series A funding round led by BP Ventures. The company started its Bengaluru operations on September 26.
