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    India’s top 20 start-ups to work for, in line with LinkedIn — most are latest on the list

    The times of easy money are over as entrepreneurs face a funding winter amid a slowing global economy — and start-ups in India will not be exempt. 

    Based on a neighborhood report, enterprise funding got here in at $2.19 billion from January to March, dropping from the $11.34 billion invested in the identical quarter last 12 months.

    Nonetheless, there are sectors which have “demonstrated resilience amid difficult times,” said Pooja Chhabria, LinkedIn APAC’s head of editorial. 

    “Fintech stays a vivid spot for investors despite the downturn, especially as we see funding on the recovery path and global tech giants eyeing fintech in India,” she added. 

    “The rise of edtech also underscores the continued demand for upskilling amongst professionals and students, especially with rapid changes because of technologies akin to AI.”

    That is reflected within the “LinkedIn Top Start-ups 2023″ list for India — which is dominated by fintech-related firms but additionally includes two latest edtech entrants. 

    There are 14 latest entrants this 12 months, which is “a mirrored image of a booming entrepreneurial ecosystem and a spirit for innovation,” Chhabria added. 

    In compiling the list, LinkedIn drew on in-house data, measuring start-ups based on 4 features: employment growth, jobseeker interest, engagement, and talent to draw talent from LinkedIn’s top corporations. 

    To be eligible, corporations needed to be headquartered in India and have 50 or more employees.  LinkedIn said it also lowered its age criteria from seven years or younger, to 5 years and below to “feature more corporations of their earlier, enterprise stages of growth.” 

    Here’s the complete list of India’s top start-ups for 2022, in line with LinkedIn:

    20. Fasal — IT services and consulting

    19. DotPe — Software development 

    18. TravClan — Software development 

    17. AccioJob — E-learning 

    16. Housr — Hospitality

    15. Exponent Energy — Motorized vehicle manufacturing 

    14. StockGro — Financial services 

    13. Teachnook — E-learning

    12. Shyft — Wellness and fitness

    11. Jar — Financial services 

    10. GrowthSchool — E-learning

    9. Supersourcing — Software development

    8. Sprinto — Software development

    7. Fi — Financial services 

    6. GoKwik — Software development

    5. Skyroot Aerospace 

    Industry: Defense and space manufacturing

    Headquarters: Hyderabad

    Full-time headcount: 260

    Most typical skills: Machining, aerospace engineering, manufacturing operations

    Skyroot Aerospace was founded 4 years ago by engineers and former scientists from the Indian Space Research Organization. In 2022, it became the primary private Indian company to launch a rocket into space. Skyroot Aerospace told Reuters that it’s expecting at the least two launches in 2024, following the success of India’s Chandrayaan-3 mission.

    4. Pocket FM 

    Industry: Software development

    Headquarters: Bengaluru

    Full-time headcount: 489

    Most typical skills: Writing, video, promoting 

    Audio series platform Pocket FM offers audio entertainment across multiple genres and Indian languages in its library with greater than 100,000 hours of content. Based on the corporate, it serves around 80 million listeners globally.

    3. Ditto Insurance

    Industry: Financial services

    Headquarters: Bengaluru

    Full-time headcount: 252

    Most typical skills: Communication, business management, promoting 

    Founded in 2018, this fintech start-up helps users compare insurance policy, understand policies and buy insurance through its online platform. Based on LinkedIn, Ditto Insurance is trying to hire “a whole lot of freshers” in the approaching 12 months.

    2. BluSmart 

    Industry: Software development

    Headquarters: Gurugram

    Full-time headcount: 620 

    Most typical skills: Development tools, business management, data science

    BluSmart offers electric ride-hailing services in Delhi NCR and Bengaluru with its 4,500-strong electric automobile fleet. Founded in 2019, the start-up said it should be using its latest money injection of $42 million to expand this fleet to 10,000 cars by the tip of this 12 months and put money into more charging stations across India.

    1. Zepto 

    Industry: Software development 

    Headquarters: Mumbai

    Full-time headcount: 1,400 

    Most typical skills: Business management, data science, development tools

    Zepto is a start-up that guarantees to deliver groceries in lower than 10 minutes. Co-founded by two 19-year-old Stanford dropouts, the corporate became India’s first unicorn of 2023 with a money injection of $200 million in August.

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