IBEF: September 23, 2021
According to LinkedIn's fourth Top Startups List, learning platform Unacademy is at the top of the Indian startups list, followed by B2B e-commerce platform Udaan and fintech business CRED, which simplifies payments for credit card holders.
Bengaluru has reaffirmed its image as the “Silicon Valley of India” with these top three unicorns and over 60% of the 2021 LinkedIn Top Startups India List headquartered in the city, according to LinkedIn.
Employee growth, jobseeker interest, member involvement with the firm and its workers, and how successfully these startups drew talent from the LinkedIn Top Companies list were all examined in this year's report.
UpGrad, fintech Razorpay, social commerce platform Meesho, space tech startup Skyroot Aerospace, consumer electronics business boAt, Urban Company, and Agnikul Cosmos are among the top 10 firms.
The list differs significantly from the results of the 2019 poll, which ranked OYO, a travel technology company, and Cure.fit, a fitness start-up, as the best two start-ups to work with.
“The dominance of consumer Internet startups is reflected in the 2021 LinkedIn Top Startups list, which demonstrates how digital transformation is a critical growth lever for businesses nowadays. The companies on the list are also on the cutting edge of what's next for workers, promoting greater flexibility, deeper engagement, and improved wellness programmes. The pandemic has changed how we think about our careers and lives, and these companies are leading the way with innovative plans for how we approach the future of work,” said Mr. Ankit Vengurlekar, LinkedIn News' India managing editor.
From July 1, 2020, to June 30, 2021, LinkedIn looked at member activity.
Companies must be privately held, totally independent, and based in the country in which the list appears to be eligible.
All staffing firms, think tanks, non-profits, accelerators, venture capital firms, legal firms, IT and management consulting firms, philanthropy, and government-owned institutions are not eligible due to headcount, age, or growth restrictions that vary by country.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.