Synopsis
The pandemic has reshaped the startup landscape. Stress took its toll but SaaS sector grasped at new opportunities and biotech firms rose to the Covid-19 challenge. If the border standoff swung the pendulum away from Chinese investors, Reliance created a ripple effect. Here are eight trends in the Startup world.
SaaS HighIn 2020, the pandemic-enforced digitisation gave the SaaS (software as a service) wave a huge tailwind in India. Going into 2021, this will only gain momentum. Haresh Chawla, partner of private equity fund True North, says, “Covid-19 is another Y2K opportunity — even larger in size, scale and impact.” Non-Executive Chairman of Infosys Nandan Nilekani sees in it an “India for the world” opportunity.According to data from Venture
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