CRED tops LinkedIn's 2022 India startup list; Zepto, Spinny, BlissClub among 25 named
LinkedIn's 2022 ranking of India's 25 top startups spotlights retail-relevant players including e-grocery platform Zepto (4th), used-car marketplace Spinny (7th), apparel brand BlissClub (17th) and organic food marketplace Living Food (20th). Bengaluru led with 13 firms, Gurugram had 5; 68% were new entrants and 56% of hires were under 30.
What happened
CRED topped LinkedIn's 2022 list of top 25 Indian startups. Retail-relevant entrants include e-grocery platform Zepto (4th), used-car marketplace Spinny (7th),
Key facts
- $6.4 billion
- $2.25 billion
- $3 billion
- 25 startups
- 68 percent new entrants
- 56 percent hires under 30
- 13 in Bengaluru
- 5 in Gurugram
Why this matters
The ranking flags acquisition and partnership targets across e-grocery (Zepto), used-car (Spinny), apparel (BlissClub) and organic food (Living Food), signaling where consolidation plays could emerge in Indian retail.
What to watch
- New funding rounds or layoffs among listed startups
- Quick-commerce margin/burn disclosures
- M&A activity in apparel and organic-food D2C
- Shift in hiring from expansion to profitability roles
- Regulatory moves on quick-commerce dark stores or gig labor
- Track Zepto and quick-commerce peers' next raise size and dark-store expansion pace
- Monitor D2C brands (BlissClub, Living Food) for partnership or acquisition signals
- Map hiring velocity in Bengaluru/Gurugram for wage-pressure indicators
- Watch legacy retailers' response to e-grocery encroachment