Unicorns Unacademy, Udaan, CRED top 2021 LinkedIn Top Startups India list

New Delhi: Studying platform Unacademy has topped the 2021 LinkedIn Top Startups India listing adopted by B2B e-commerce platform Udaan, and fintech agency CRED, as a predominantly distant actuality throughout the pandemic accelerated digital transformation for companies and shoppers alike. Decided by the actions of greater than 76 million professionals in India on the platform, the annual LinkedIn Prime Startups listing reveals 25 younger, rising corporations the place India needs to work now.

To place collectively this yr’s rankings, LinkedIn checked out platform information from July 2020 to June 2021 throughout 4 pillars: worker progress; jobseeker curiosity; member engagement with the corporate and its staff; and the way effectively these startups pulled expertise from LinkedIn’s flagship Prime Firms listing.

With the intention to be eligible, corporations have to be seven years outdated or youthful, have no less than 50 staff, be privately held, and be headquartered in India.

Unacademy took the pole place on the listing, with its valuation hovering to $3.44 billion because the platform explored new studying paths for upskilling, hiring, and creator-led programs.

Following swimsuit was India’s largest B2B e-commerce platform Udaan on the second place, and CRED (third), an Indian fintech firm that goals to simplify funds for bank card holders and varied e-commerce transactions.

With these prime three unicorns, and almost 60% of the 2021 LinkedIn Prime Startups India Record primarily based out of Bengaluru, town has strengthened its fame because the “Silicon Valley of India”.

Others within the prime 10 embody upGrad (4th), Razorpay (fifth), Meesho (sixth), Skyroot Aerospace (seventh), boAt (eighth), City Firm (ninth) and Agnikul Cosmos (tenth).

“The 2021 LinkedIn Prime Startups listing shows the dominance of client web startups, and showcases how digital transformation is a essential progress lever for corporations immediately. The businesses on the listing are additionally on the forefront of what is subsequent for workers – selling better flexibility, deeper engagement, and improved wellness choices,” mentioned Ankit Vengurlekar, India managing editor, LinkedIn News.

Vengurlekar additional added that “the pandemic has shifted how we take into consideration our careers and lives, and these corporations are main the way in which with employment alternatives and progressive plans for the way we strategy the way forward for work.”

The report additional famous that amid the digital increase, India remained bullish on upskilling, which displays throughout the listing with Unacademy, upGrad, and Lido(nineteenth) that includes as the highest ed-tech and mentorship gamers.

The listing additionally captures the rise of fintech gamers as the highest three contactless cost options featured on the listing embody CRED, RazorPay, and FamPay (twenty fourth).

Whereas edtech, fintech, and cloud-based platforms lead the present, elevated digitisation and investor curiosity have promoted the growth of agri-tech startups comparable to nurture.farm (14th) and Ninjacart (twenty second).

AI-driven customer support startups Cogno AI (seventeenth) and Verloop.io (twentieth), and space-tech gamers Skyroot Aerospace, boAt, and Agnikul Cosmos additionally debut on this yr’s listing.