Zepto, BlissClub among retail names on LinkedIn's top 25 India startups list led by CRED
LinkedIn's 2022 top startups ranking places CRED first, upGrad second and Groww third, with e-grocery player Zepto at 4th. Consumer and retail entrants include Spinny, Ultrahuman, Living Food and apparel brand BlissClub (17th). Bengaluru dominates with 13 firms; 68% are new entrants and 56% of hires are under 30.
What happened
LinkedIn's top 25 Indian startups list features CRED first, upGrad second, Groww third. Consumer/retail entrants include e-grocery Zepto (4th), Spinny,
Key facts
- $6.4 billion
- $2.25 billion
- $3 billion
- 68 percent new entrants
- 56 percent hires below 30
- 17 percent below 25
- 13 Bengaluru
- 5 Gurugram
Why this matters
With 68% new entrants breaking into the ranking, incumbents should watch fast-rising retail challengers like Zepto, Spinny and Ultrahuman as partnership or acquisition targets before valuations climb.
What to watch
- New funding announcements from Zepto or Spinny in following quarters
- Attrition/layoff signals in quick-commerce amid 2022 downturn
- Unit economics disclosures or path-to-profit commentary
- Bengaluru talent wage inflation reports
- Omnichannel/offline retail moves by D2C names
- Zepto pushes aggressive hiring and dark-store expansion citing list credibility
- BlissClub and Spinny amplify recruitment marketing off the ranking
- Incumbent grocers and D2C brands counter with retention packages for young talent
- PR-driven investor outreach ahead of next raise