CRED tops LinkedIn's 2022 list of 25 India startups; Zepto, Spinny, BlissClub feature
LinkedIn's annual ranking spotlights 25 attention-worthy Indian startups, led by fintech CRED. Retail-relevant names include e-grocery Zepto (4th), pre-owned car marketplace Spinny (7th) and apparel brand BlissClub (17th). Bengaluru anchors 13 firms, Gurugram 5, with 68% new entrants.
What happened
LinkedIn's 2022 top 25 India startups list features CRED at first, with retail-relevant names like e-grocery Zepto (4th), pre-owned car marketplace Spinny
Key facts
- $6.4 billion
- $2.25 billion
- $3 billion
- 25 startups
- 68 percent new entrants
- 13 in Bengaluru
- 5 in Gurugram
Why this matters
Spinny (pre-owned cars), Zepto (e-grocery), and BlissClub (apparel) represent partnership or acquisition targets across distinct high-growth retail verticals worth early diligence.
What to watch
- Funding rounds or valuation marks for listed names in next 2 quarters
- Quick-commerce dark-store expansion or shutdown announcements
- Senior-executive hiring/attrition moves at featured startups
- Profitability/unit-economics disclosures amid 2022 funding winter
- Follow-on rankings or press validating vs. contradicting the list
- Featured startups amplify ranking in recruiting and employer-branding campaigns
- Zepto and Spinny leverage validation in ongoing/next fundraise conversations
- Competitors in e-grocery and used-car verticals counter-message on scale/profitability
- BlissClub uses list credibility to push D2C brand partnerships and retail expansion
- Ecosystem service providers (co-working, agencies) target Bengaluru-Gurugram cluster