BENGALURU : With the covid-19 crisis impacting the startup ecosystem, Sequoia Capital India said that founders are grappling with difficult choices and increasingly looking for ways to make their organisations more adaptable, resilient and ‘recession-proof’.
As a part of this, Sequoia India has also launched a microsite to serve as a resource for founders and their teams during the challenging months ahead.
The impact of covid-19 can be seen on Indian startups, with several Indian unicorns including Udaan, OYO and Swiggy laying off and furloughing their permanent and contractual staff, last month. “Startups, particularly those in the seed and Series A stage, operate with a high level of uncertainty during the normal course of business.