Majority of Indian startups to run out of money in a few months
Nabanita Dutta
News Editor
Image Credit: shortpedia
India is one of the world’s largest startup ecosystems. However, 70% of its startups need to secure additional capital in the coming weeks to continue functioning amid the Coronavirus crisis. The investors are not funding as frequently and as much as they were doing before the pandemic. Many startups might find it difficult to raise fund in the coming months. Many startups have enforced pay cuts and layoffs to sustain.
