As we present the Newsmakers 2023 list, spotlighting the top startups that have defined the entrepreneurial landscape in India, it’s clear that these innovators have not only secured significant media attention but have also been the focal point of discussions across various platforms.
Ola, Dream 11, Swiggy, OYO and Byju’s emerge as the Hottest Startups of 2023. The entire report.
Top 5 startups in Newsmakers 2023
The top 5 startups collectively generate 1.3 lakh news stories, with over 50,000 news headlines capturing the attention of audiences and industry experts alike.
#1 Ola
Ola, a frontrunner in electric mobility and ride-sharing globally, takes the spotlight as the most visible startup in India for 2023. The introduction of budget-friendly e-scooters and the upcoming 100-acre EV mega factory in Tamil Nadu contribute to Ola’s prominence in sustainable transport and inclusive innovation.
#2 Dream 11
Dream11 makes waves with its ambitious foray into the digital payments space through the launch of DreamX. This UPI payments app positions Dream11 to explore new opportunities while leveraging its extensive user base.
#3 Swiggy
Swiggy captures attention with its strategic diversification beyond food delivery into online retail, marked by the merger with LYNK logistics. Initiatives such as a $50 million fund to provide liquidity to employee stock owners underscore Swiggy’s commitment to creating shared value for stakeholders and transforming India’s digital landscape.
#4 OYO
OYO makes headlines with its international expansion, boasting a portfolio of 2500+ hotels in Indonesia. The company’s AI-backed digital tools and innovative tech solutions empower small hotel operators. Additionally, OYO caters to high-end travelers in India through its premium brand ‘Palette,’ showcasing a multifaceted approach to hospitality.
#5 BYJU’s
The Annual Newsmakers Report underscores the unparalleled influence of FinTech, with fintech securing the top spot as the most talked-about sector in news for three consecutive years. Zerodha tops the Charts in Fintech.
Noteworthy shifts in rankings include KlubWorks move from 122nd to 63rd position, while BharatPe and Razorpay solidifies its presence in the top 20 newsmakers.
Technology emerges as the second most significant newsmaker, with notable startups in consumer tech and enterprise tech making headlines. Dream11, Swiggy, Dunzo, Lenskart, and ShareChat feature prominently among the top 20 newsmakers in consumer tech, while InMobi, Skyroot, Ciel HR, and CleverTap shine in enterprise tech.
Zepto, a rising star in quick commerce, leaps to the 13th position, challenging established players like Dunzo 14th position. The controversy surrounding the category adds to Zepto’s strong performance.
The Newsmakers 2023 Report highlights remarkable growth stories, with startups like Atomberg (236 to 68) and Inshorts (343 to 94) experiencing a threefold increase from the previous year. PhysicsWallah makes an astonishing 8x jump, from 146 to 12, showcasing its rapid ascent in the startup ecosystem.
Aakriti Bhargava, Co-Founder of Wizikey, reflects on the Annual Newsmakers Report, stating, “In the ever-evolving landscape of startups, the Annual Newsmakers Report serves as a compelling narrative of resilience and innovation. The consistent dominance of FinTech underscores the industry’s remarkable ability to push boundaries and captivate not just the market but also the media’s attention. As we applaud these extraordinary achievements, we eagerly anticipate the unfolding of more groundbreaking stories in the entrepreneurial saga ahead.“
About Wizikey Newsmakers :
Wizikey Newsmakers is a brand ranking based on data intelligence backed by Wizikey’s news scoring methodology leveraging AI and Big Data analytics. Starting in 2019, the ranking measures news visibility for brands & spokespersons by analyzing the volume of news, headlines presence, Unique publications presence, and the reach of publications.