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OYO, Cure.Fit among most sought after start-ups in India: LinkedIn

18 Sep 2018
Mumbai Sep 18 (IANS) Five-year-old hospitality start-up OYO health and wellness firm Cure.Fit and on-demand delivery service dunzo.in are among the top 25 companies that made it to the list of the most sought after start-ups in India released by LinkedIn on Tuesday.
The list revealed that Bengaluru has emerged as a major hub for start-ups to rise and shine. Out of the 25 companies on the list 11 are headquartered in Bengaluru seven in Mumbai three in Gurugram and two each in New Delhi and Pune.
In the list from the Microsoft-owned professional networking platform B2B (business-to-business) companies make up 50 per cent of the list whereas 20 per cent of the companies - Nineleaps Zapr Media Labs BrowsterStack SigTuple and Exadatum -- are deep technology-based.
Topping the first edition of LinkedIn s India list is Gurugram-headquartered OYO which is already India s largest hotel network with more than 100 000 rooms in 230 cities -- compared to Marriott s 23 000 and Taj Hotels 17 000 LinkedIn said in a blog post.
Over the last nine months the budget hotel brand which has a headcount of 4 700 has ventured into Malaysia China and Britain.
Next comes the Bengaluru-headquartered wellness start-up Cure.Fit which has four offerings -- no-equipment gyms health food yoga and meditation centres and primary care.
The company just raised $120 million from existing investors and acquired premium gym chain Fitness First in a deal worth $30-$35 million LinkedIn said.
The company to occupy the third position on the list is dunzo.in which is also headquartered in Bengaluru.
Dunzo has the distinction of being Google s first direct start-up investment in India LinkedIn said.
The other companies on the LinkedIn "Top Startups List" for India are Rivigo Digit Insurance Little Black Book Republic World The Minimalist Razorpay Innov8 Coworking Schbang Acko General Insurance Treebo Hotels InCred Jumbotail Udaan.com UpGrad.com InterviewBit Shuttl and Meesho.
In preparing the list LinkedIn measured the start-ups based on four pillars - employment growth engagement job interest and attraction of top talent -- between July 1 2017 and June 30 2018.

--IANS gb/bg