It’s also great to see young professionals embracing India’s startup ecosystem as 56% of all hires in the top 25 startups are under 30 years old.
Nirajita Banerjee
Senior Editor, LinkedIn News India
“Edtech also made its mark on the list,” she said, naming companies like upGrad, GrowthSchool and Classplus.
India’s space technology and research sector is also “an emerging sector to watch,” Banerjee added, with companies such as Skyroot Aerospace and AgniKul Cosmos making the list for the second consecutive year.
“It’s also great to see young professionals embracing India’s startup ecosystem, with 56% of all hires in the top 25 startups being under 30 at the time of joining and 17% under 25.”
The list, compiled by LinkedIn, was based on internal data collected between July 1, 2021 and June 30, 2022, and measures startups across four dimensions – job growth, engagement, work interest, and attraction of top talent.
To be eligible, companies had to be headquartered in India, have 50 or more employees and be seven years old or younger at the time of calculation.
According to LinkedIn, the rankings serve as a resource for employees who want to expand their skills and are “excited by the opportunity to innovate.”
5. Skyroot Aerospace
Industry: space research and technology
Headquarters: Hyderabad
Full-time employees: 200
Most Common Skills: Aerospace engineering, machining, scientific computing
Skyroot Aerospace was founded four years ago by engineers and former scientists from the Indian Space Research Organization. It develops technologies for “responsive, reliable and economical access to space”. The space company is currently working on a series of rockets designed to help launch small satellites into space.
4. Zepto
Industry: Internet
Headquarters: Mumbai
Full-time employees: 1,000
Most Common Skills: Business Management, Manufacturing Operations, Data Science
Zepto is a startup that promises to deliver groceries in less than 10 minutes. The company, co-founded by two 19-year-old Stanford dropouts, was valued at $900 million with the last $200 million cash injection in May 2022. This brings Zepto one step closer to unicorn status – a $1 billion+ startup.
3. Grow
Industry: Food and Beverage Service
Head office: Bangalore
Full-time employees: 680
Most Common Skills: Development tools, web development, data science
Groww is a digital investment platform that offers an objective assessment of various investment opportunities through stocks and mutual funds. The company boasts more than 30 million active users according to its website and aims to make investing easier for the masses.
2. upGrad
Industry: e-learning
Headquarters: Mumbai
Full-time employees: 5,000
The most common skills: management, communication, sales work
upGrad works with universities in India and abroad to provide opportunities for professionals and students to further their education. In August 2021, upGrad achieved unicorn status and has since raised an additional $210 million in Series F funding.