LinkedIn has announced its Top Startups for 2024, and leading the pack is Zepto, taking the coveted first position.
This annual list highlights 20 emerging companies that are not just growing rapidly but also innovating across various sectors.
From groundbreaking technologies to creative solutions, these startups are reshaping the future of work and lifestyle in India.
Let’s dive in and explore what makes these companies stand out!
Methodology Behind the List
The LinkedIn Top Startups 2024 list is based on exclusive data that evaluates:
- Employee Growth
- Jobseeker Interest
- Engagement Within the Company
- Talent Acquisition from Top Companies
To make it onto this list, companies need to be headquartered in India, fully independent, privately held, have at least 50 full-time employees, and be five years old or younger.
The 20 Top Startups in India
1. Zepto
- Industry: Technology, Information and Internet
- Headquarters: Mumbai
- Founded: 2021
- Employees: 2,613
- Overview: Zepto is India’s first unicorn of 2023, delivering groceries in just 10 minutes! With operations in 10 cities and plans to expand further, they raised $665 million to enhance their logistics and tech capabilities, aiming to lead the hyperlocal delivery space.
2. Sprinto
- Industry: Software Development
- Headquarters: Bengaluru
- Founded: 2019
- Employees: 240
- Overview: Sprinto makes compliance a breeze for tech companies by automating security and privacy laws. They help SaaS firms get certified quickly and efficiently, making the often-daunting compliance process much simpler.
3. Lucidity
- Industry: Software Development
- Headquarters: Bengaluru
- Founded: 2021
- Employees: 78
- Overview: Lucidity is on a mission to build the “smart storage of tomorrow.” They help businesses move their data to the cloud efficiently, enabling better management and reducing costs related to data storage.
4. GrowthX
- Industry: Education
- Headquarters: Pune
- Founded: 2021
- Employees: 50
- Overview: GrowthX provides a unique membership program for founders and professionals, offering access to learning resources, networking opportunities, and community support. With over 3,500 members, they focus on practical outcomes for career growth.
5. Jar
- Industry: Financial Services
- Headquarters: Bengaluru
- Founded: 2021
- Employees: 316
- Overview: Jar is a micro-savings app that encourages users to save like they would with a piggy bank. By allowing investments in digital gold and offering daily savings features, they’re making saving easy and fun for everyone.
6. Wiingy
- Industry: Education
- Headquarters: Bengaluru
- Founded: 2021
- Employees: 55
- Overview: Wiingy connects students with tutors for personalized online learning across over 100 subjects. With a network of more than 1,000 tutors, they make education accessible and effective for students of all ages.
7. SourceBae
- Industry: Internet Marketplace
- Headquarters: Indore
- Founded: 2019
- Employees: 52
- Overview: SourceBae uses AI to streamline the hiring of remote engineers. By automating talent matching and assessments, they help companies find the right talent faster, addressing the growing demand for tech professionals.
8. BiofuelCircle
- Industry: Software Development
- Headquarters: Pune
- Founded: 2020
- Employees: 80
- Overview: BiofuelCircle connects suppliers and buyers in the biomass and biofuel sector, simplifying trade and promoting eco-friendly energy solutions. Their platform aims to enhance the sustainability of energy sourcing.
9. Supersourcing
- Industry: Technology
- Headquarters: Indore
- Founded: 2020
- Employees: 126
- Overview: Supersourcing leverages AI to transform the recruitment process for software developers. They provide strategic hiring support, helping companies build top-notch tech teams quickly and efficiently.
10. Battery Smart
- Industry: Transportation and Logistics
- Headquarters: Gurugram
- Founded: 2019
- Employees: 426
- Overview: Battery Smart is leading the way in electric vehicle infrastructure with a network of battery-swapping stations. Their solution allows quick battery swaps for two- and three-wheelers, promoting the use of electric vehicles across 30 cities.
11. Scrut Automation
- Industry: Software Development
- Headquarters: Bengaluru
- Founded: 2021
- Employees: 159
- Overview: Scrut Automation helps high-growth companies automate their governance and compliance processes. Their platform makes it easier for businesses to manage risks and stay compliant with regulatory standards.
12. MindPeers
- Industry: Mental Health Care
- Headquarters: New Delhi
- Founded: 2020
- Employees: 52
- Overview: MindPeers focuses on mental health by providing personalized interventions and programs for individuals and companies. Their tools, including therapy and neuroscience games, aim to improve mental well-being in the workplace.
13. Oben Electric
- Industry: Motor Vehicle Manufacturing
- Headquarters: Bengaluru
- Founded: 2020
- Employees: 200
- Overview: Oben Electric is making strides in the electric motorcycle market with its flagship model, the Oben Rorr. With plans to expand their showroom presence, they’re poised to become a key player in India’s EV landscape.
14. Convin
- Industry: Software Development
- Headquarters: Bengaluru
- Founded: 2019
- Employees: 108
- Overview: Convin enhances contact center operations with its Generative AI-powered solutions. Their software helps businesses analyze customer interactions, improving service quality and efficiency.
15. GIVA
- Industry: Retail Luxury Goods
- Headquarters: Bengaluru
- Founded: 2019
- Employees: 537
- Overview: GIVA is a premium D2C jewelry brand that has expanded from silver to gold and lab-grown diamonds. With a growing number of stores and plans for international expansion, they focus on quality and unique designs.
16. TravClan
- Industry: Technology
- Headquarters: New Delhi
- Founded: 2019
- Employees: 225
- Overview: TravClan is a B2B travel platform that simplifies the booking process for travel agents. By providing comprehensive tools for booking flights and accommodations, they enhance efficiency in the travel industry.
17. Bijak
- Industry: IT Services
- Headquarters: Gurugram
- Founded: 2019
- Employees: 293
- Overview: Bijak is transforming agricultural trade with its B2B platform that connects farmers and buyers. Their app streamlines transactions, making it easier for businesses to discover and trade agricultural commodities.
18. GoKwik
- Industry: Software Development
- Headquarters: New Delhi
- Founded: 2020
- Employees: 350+
- Overview: GoKwik provides an integrated suite of solutions for e-commerce brands, helping them grow by offering fast checkout, cash-on-delivery options, and enhanced customer communication tools.
19. Refyne India
- Industry: Financial Services
- Headquarters: Bengaluru
- Founded: 2021
- Employees: 150
- Overview: Refyne promotes financial wellness in the workplace through its Salary On-Demand product, allowing employees to access their earned wages anytime. This empowers better financial management and reduces financial stress.
20. Plum
- Industry: Insurance
- Headquarters: Bengaluru
- Founded: 2019
- Employees: 356
- Overview: Plum offers a range of health and well-being benefits for organizations, including health insurance and personal accident coverage. Their goal is to protect both employees and businesses from financial risks.
Conclusion
As India’s startup ecosystem continues to thrive, these 20 companies are leading the charge with their innovative ideas and rapid growth.
Keep an eye on these startups as they shape the future across various sectors.
