Start-ups severely hit by pandemic

By Morningstar |  07-07-20 | 
 

Start-ups have felt the cruel brunt of the pandemic. A few months ago, a Startup Genome survey of 45 countries revealed that most of them had just a few months of cash reserves.

As far as India goes, a survey conducted by Federation of Indian Chambers of Commerce and Industry (FICCI), jointly with the Indian Angel Network (IAN), threw up some dismal numbers.

Only 4% said the lockdown had zero impact; 40% faced a severe impact and 56% faced a moderate impact.

The total number of respondents was 250.

What was the sectoral break up?

How has Covid-19 impacted the Indian start-ups?

 

What cash reserves are available to bear the organization’s fixed cost post lockdown on March 24, 2020?

 

What has been the range of salary cuts?

What has been the investor response to the pitch made pre lockdown, which was on March 24, 2020?

Have the priority sectors changed pre and post Covid-19?

 

 

Add a Comment
Please login or register to post a comment.
<>
Top
Mutual Fund Tools
Feedback