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  • News From Press About 70% start-ups impacted by COVID-19: Survey

    About 70% start-ups impacted by COVID-19: Survey

    12 per cent of the start-ups have shut operations and 60 per cent are operating with disruptions
    Mint Jul 6, 2020

    A survey of 250 start-ups has revealed that the COVID-19 pandemic has had an unprecedented impact on the business, with 70 per cent saying that their business has been impacted, and some of them shutting operations. The survey on the 'Impact of COVID-19 on Indian Start-ups' conducted by Ficci jointly with the Indian Angel Network depicts that only 22 per cent of the start-ups have cash reserves to meet fixed cost expenses of their companies over the next 3-6 months.

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