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India to have 100 unicorns by 2025 despite covid: TiE report

city New Delhi India covid-19 2020 pandemic
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NEW DELHI : India is on a path to have 100 unicorns by 2025, despite the impact that the covid-19 pandemic has had on the Indian start-up ecosystem.

There was a dip in overall funding by 50% during the lockdown as compared to pre-covid levels, around 40% start-ups were negatively impacted, and 15% of Indian startups were forced to discontinue operations due to the pandemic.

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United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
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Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
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United Kingdom
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Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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