About 70% start-ups impacted by COVID-19: Survey
NEW DELHI : 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."70 per cent of start-ups stated that their businesses have been impacted by COVID-19.
12 per cent of the start-ups have shut operations and 60 per cent are operating with disruptions", Ficci said."The findings show that 68 per cent of the start-ups are majorly cutting.
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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