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Byju’s, Zomato corner bulk of startup funds in pandemic year

city New Delhi India 2020 pandemic economy
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NEW DELHI : Funding in startups fell sharply in 2020 as the pandemic led venture capital firms to adopt the watch-only mode, though global investors continued to back unicorns and firms that adapted to the changed business conditions.Indian startups raised around $10.6 billion across 660 deals this year, the lowest in four years in terms of deal value, according to data from Venture Intelligence.

In 2019, startup funding was at $12.5 billion across 833 deals.Also Read | The march of 2020 in 10 key long readsDespite the covid-led disruption, 11 startups turned unicorns in India, joining the billion-dollar or more valuation club, across sectors such as edtech, beauty and fashion, software-as-a-service (Saas) and payments.Unicorns such as food.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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