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Fintech, Edtech & B2B Emerged As The Break Out Sectors For 2021: Report

AI and ML technology gathers media intelligence from over 10 million news articles across 5000+ distinct publications.

Year of the IPOs, Year of the Unicorns or Year of the Crypto, 2021 has been a year of reckoning for the startup ecosystem. Never before has the Indian ecosystem seen a countdown of the number of unicorns and IPOs, and Crypto startups raising significant money. 

The latest report by Wizikey, Asia’s fastest-growing communications technology and PR software recognizes the hottest startups and newsmakers of 2021, that have been in news for raising capital to release products. The rankings are based on Wizikey new metric News Score that measures news visibility for brands & individuals by analyzing the volume of news, headlines presence, the reach of publications, and much more. Wizikey’s, AI and ML technology gathers media intelligence from over 10 million news articles across 5000+ distinct publications. The report considered over 1000 Indian startups for analysis (excluding the companies that have been listed recently.) 

Ola, the road transport tech company, ranked number one for creating consistent buzz throughout the year. Their initiatives like entry into used car retailing space, two-wheeler manufacturing plant run by women, etc gave them the much-needed attention. 

Dream11, the revolutionary online gaming company, grabbed the second position with them capitalizing well in the sporting events like IPL and World Cup 2021. 

Swiggy, the food tech company, ranked at third for its slew of measures, right from investment in grocery instamart to upgraded membership programme ‘Swiggy One’.

The hospitality startup OYO made the right buzz and ranked fourth. Ola Electric positioned itself in the fifth position, indicating the rising electric vehicles industry.

Commenting on this year’s report, Anshul Sushil, Co-founder and CEO of Wizikey says, “The idea was to help brands understand where they stand in terms of their visibility with our metric News Score. This single standard metric helps measure PR & Communications. This report is a reflection of the year that went by and also a way to celebrate the most popular and influential startups of the year. If you analyze the report closely, there are a few players who have transformed its journey in a very short period of time. This year, we had many players from the crypto industry for the obvious reasons and the buzz they managed to create this year especially. It is interesting to see Electric Vehicles and E-commerce enablers making a good impression this year. ”

BharatPe(6), Byju’s(7), CRED(8), MobiKwik(9), Unacademy(10), Delhivery(11), PharmEasy(12), Grofers(13), and upGrad(14) were . A fairly new entrant in the list is CoinDCX, at spot 15, thanks to the crypto boom. This is followed by Meesho(16), Razorpay(17), Hero Electric(18), Snapdeal(19), and AtherEnergy (20). Interestingly, B2C emerged as the hot sector contributing to the highest number of startups in the top 100. 

The report highlighted the top 200 players in the startup ecosystem. The ranking is based on Wizikey’s news score of each brand that analyses news in terms of volume, headline grabs, the unique reach of media publications, and readership. 

Sectorial Rankings:

Fintech

BharatPe ranked number one in the sector and 6th in overall startup ranking. CRED dominated the second sectorial position but ranked 8th in the list. This was followed by Mobikwik, Razorpay

Ed Tech

Byju’s made the most news in Ed Tech, followed by Unacademy, Upgrad. 

B2B e-commerce

Udaan outran all its competition and ranked one in its sector. This is followed by OfBusiness, Waycool, Ninjacart, Bizongo, etc.

Enterprise Applications/Saas

InMobi emerged as the hottest startup in enterprise applications. Apna grabbed the second position and Moglix in the third.

Logistics Players

Delhivery has outshined the logistic industry and stood at one. ShipRocket is second and Shadowfax is in the third position. 

Electric Vehicles

Ola Electric was a clear winner in this category. Hero Electric grabbed second place and Ather Energy the third.  

E-commerce enablers

A fast-emerging industry saw Global Bees dominating the charts, followed by Mensa Brands and 10club.

Source: Business World

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