All of today’s technology was at some point a revolutionary start-up idea. Start-ups are considered the core of creativity and innovation across various industries. On September 22, LinkedIn released its list of the top start-ups in India.
To measure this, LinkedIn used four metrics: employment growth, engagement, job interest and attraction of top talent. Here are the top 10 start-ups in India:
An e-learning start-up, Unacademy was founded in 2015 in the Indian city of Bengaluru. The start-up focus on courses for multiple tests like UPSC, SSC, CAT, IIT JEE among many more. It has billed itself as the “Netflix of education” and has seen its valuation rise to $3.44 billion with eyes on new courses like upskilling and creator.
Founded by Gaurav Munjal, Roman Saini, and Hemesh Singh, the company has a network of 50,000 registered teachers.
An internet portal founded in Bengaluru in 2016, Udaan enables B2B trading for small and medium businesses in India. A network-centric platform, Udaan has a roster of three million retailers, 30,000 sellers in over 900 cities!
According to the LinkedIn research, it has cornered 80 per cent of India’s B2B e-commerce market. Founded by Amod Malviya, Vaibhav Gupta, Sujeet Kumar, Udaan is currently valued at over $3 billion.
Known for its quirky advertisements featuring famous cricketers, CRED claims to be a members-only credit card bill payment platform which rewards its members for paying bills on time. Founded in 2018 by Kunal Shah, CRED is known for the flexibility it offers to its employees including unlimited offs.
Currently, CRED is valued at $2.2 billion.
An e-learning platform headquartered in Mumbai, upGrad offers a platform for upskilling. upGrad calls itself a higher education company and claims to have built online programmes in collaboration with top universities and industry partners.
Founded by Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, Ravijot Chugh in 2015, upGrad hit a valuation of $1.2 billion in August, 2021.
The payment gateway Razorpay facilitates easy online transactions. Throughout 2020, the platform processed payments worth $40 billion with a month-on-month revenue growth of 40-45 per cent.
Founded in Bengaluru in 2014, Razorpay is increasingly becoming the platform of choice for online transactions.
Harshil Mathur and Shashank Kumar founded Razorpay, which has hit $3 billion in valuation and is now eyeing a $4 billion valuation.
Headquartered in Bengaluru, Meesho is a social e-commerce company founded by IIT Delhi graduates Vidit Aatrey and Sanjeev Barnwal in 2015.
Essentially, Meesho allows small businesses and individuals to start their online stores via social networking platforms like WhatsApp, Facebook and Instagram.
After raising $300 million from SoftBank Vision Fund in April 2021, Meesho hit $2.1 billion in valuation.
Founded in 2018 in the South Indian city of Hyderabad, Skyroot Aerospace is constructing technologies that offer reliable access to space. Skyroot Aerospace was founded by engineers of ISRO’s rocket designing arm – Pawan Kumar Chandana and Naga Bharath Daka.
Currently, the start-up is testing a cryogenic engine that will run on cleaner burning liquid natural gas. In May 2021, Skyroot Aerospace raised $11 million in Series-A funding round.
India’s homegrown electronics brand boAt took the audio market by storm by offering affordable products to Indians combined with quirky advertising. boAt earphones and speakers have captured a third of India’s audio market, while merging as the fifth largest wearables brand in the world.
Founded in New Delhi in 2016, boAt is currently valued at $1.4 billion. It was founded by Sameer Mehta and Aman Gupta.
Everyone’s favourite go-to for all home and grooming solutions, Urban Company has made quite the waves over the last two years.
In the middle of the pandemic, Urban Company offeerd safe and affordable services to major Indian cities for anything and everything – repairs, grooming, cleaning etc.
Urban Company was founded in Gurugram in 2014 by Varun Khaitan, Raghav Chandra, and Abhiraj Singh Bhal. Currently, Urban Company is valued at $2.1 billion.
A defence and space start-up, AgniKul Cosmos builds launch vehicles to lift small satellites into low earth orbit.
Founded in Chennai in 2017, AgniKul Cosmos has raised $14.58 million in total funding over 4 rounds. Their latest funding was raised on May 19, 2021 through a Series A round. The founders of AgniKul Cosmos are Srinath Ravichandran, Moin SPM, Satyanaryan Chakravarthy, and Janardhana Raju.
Indian start-ups are making waves across the world and are expected to touch new heights with cutting edge innovation leading the pack. Do you have a start-up idea? Share it with us in the comments below. For all things technology and science, keep reading Indiatimes.com.
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