Entrepreneurs are beings who keep the innovative and creative aspect of the world moving. Today, everyone wants to open a startup and be an entrepreneur. But unfortunately, very few can run a successful business and get the funding, marketing, management and all other factors right.
There is a lot one can learn from the journey of entrepreneurs. According to the sixth annual LinkedIn top-startups list, 20 young companies in the country “have trailblazed their way through recent economic and workplace challenges and managed to stand out to investors and top talent along the way“.
Venture funding, layoffs, and leadership churn have taken a heavy toll on Indian startups in the past year amid economic headwinds. However, despite all the downfalls, the space tech startup ecosystem has achieved new heights, artificial intelligence (AI)-focused companies are attracting investor interest, and electric vehicle (EV) startups are powering green rides at India Inc.
The factors based on which LinkedIn compiled the list were employment growth, engagement, job interest, and attraction of top talent. The time frame was July 1, 2022, through June 30, 2023.
Startups who have laid off 20% or more of their workforce between July 1, 2022. And staffing firms, think tanks, venture capital firms, law firms, management and IT consulting firms, nonprofits and philanthropy, accelerators, and government-owned entities were excluded from the list by LinkedIn.
Here’s a list of the 5 top startups that are gaining quick traction in India:
Read More: Below Average Student, Blew Up His Money In 20s, Is India’s Fourth-Youngest Billionaire Today
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Feature image designed by Saudamini Seth
Sources: Forbes, Mint, LinkedIn
Find the blogger: Unusha Ahmad
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