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Despite Pandemic, India On Track To Have 8 Unicorns By End Of 2020
October 14, 2020 | technology | No Comments
A TiE Delhi-NCR and Zinnov report noted that around 75 per cent of start-ups are gradually recovering post lockdown
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Despite the ongoing pandemic, India is set to have eight unicorns by the end of the year, almost the same number of additions as in 2019. The country has already got four unicorns during the pandemic. According to a report ‘COVID-19 and the Antifragility of Indian Startup Ecosystem’ by TiE Delhi-NCR, a not-for-profit organization dedicated to fostering entrepreneurship, in partnership with Zinnov, Indian startup ecosystem is recovering quickly from the impact of the pandemic.
The report observed that though 2020 started on a high note for Indian entrepreneurs, the COVID-19 outbreak jolted the startups across the sector. The period