Top 10 Emerging Startups in India for 2024, According to LinkedIn

LinkedIn has unveiled its seventh annual list of India’s top emerging startups, showcasing companies that are making significant strides in various industries. This year’s report highlights a booming entrepreneurial ecosystem in India, which now ranks as the third-largest startup hub globally, according to the Startup India initiative.

Notably, India has seen a remarkable growth in its number of unicorns, second only to the U.S. as of 2022, and the startup count surged by 71.5% from about 20,000 in 2021 to over 34,000 in 2023, as reported by the Lee Kuan Yew School of Public Policy.

The LinkedIn Top Startups list is generated from data reflecting employment growth, member engagement, and talent attraction over the past year. To qualify, companies must be headquartered in India, privately held, independent, and have a minimum of 50 full-time employees while being no older than five years.

Here are the top 10 emerging startups in India for 2024:

1. Zepto
   • Industry: Technology, Information, and Internet
   • Headquarters: Mumbai
   • Employees: 2,500+
   • Key Skills: Third-party logistics, cataloging, inventory management
   • Job Titles: Software Engineer, Business Operations Manager
2. Sprinto
   • Industry: Software Development
   • Headquarters: Bengaluru
   • Employees: 200+
   • Key Skills: Lead generation, account management
   • Job Titles: Full Stack Engineer, Customer Experience Manager
3. Lucidity
   • Industry: Software Development
   • Headquarters: Bengaluru
   • Employees: 70+
   • Key Skills: Data structures, Java
   • Job Titles: Software Engineer, Cloud Consultant
4. GrowthX
   • Industry: Social Networking Platforms
   • Headquarters: Pune
   • Employees: 50+
   • Key Skills: Video editing, content strategy
   • Job Titles: Software Engineer, Video Editor
5. Jar
   • Industry: Financial Services
   • Headquarters: Bengaluru
   • Employees: 300+
   • Key Skills: Design thinking, Kotlin
   • Job Titles: Software Engineer, Product Manager
6. Wiingy
   • Industry: Internet Marketplace Platforms
   • Headquarters: Bengaluru
   • Employees: 50+
   • Key Skills: Teaching, e-learning
   • Job Titles: Teacher, Mathematics Tutor
7. SourceBae
   • Industry: Internet Marketplace Platforms
   • Headquarters: Indore
   • Employees: 50+
   • Key Skills: Screening, human resources
   • Job Titles: Web Developer, Talent Acquisition Specialist
8. BiofuelCircle
   • Industry: Software Development
   • Headquarters: Pune
   • Employees: 50+
   • Key Skills: Customer relationship management, business analysis
   • Job Titles: Business Development Manager, Sales Executive
9. Supersourcing
   • Industry: Technology, Information, and Internet
   • Headquarters: Indore
   • Employees: 100+
   • Key Skills: Recruiting, human resources
   • Job Titles: Software Engineer, Product Manager
10. Battery Smart
    • Industry: Transportation, Logistics, Supply Chain
    • Headquarters: Gurugram
    • Employees: 400+
    • Key Skills: Third-party logistics, operations management
    • Job Titles: Business Operations Manager, Sales Executive

Nirajita Banerjee, LinkedIn India’s Head of Editorial, noted that the majority of the top startups are in the software and tech sectors, underscoring their significance in shaping industry futures. Additionally, while Bengaluru continues to be a primary hub for startups, cities like Indore and Pune are emerging as vital players in the entrepreneurial landscape.