New Delhi. The corona pandemic shook the industries in India along with the whole world. The direct impact of Covid-19 and lockdown was also seen on tech startups in the country. But the good thing amidst all this is that with the process of unlocking in the country, tech startups have seen rapid recovery. According to the report of the National Association of Software and Services (NASSCOM), with the relaxation in lockdown and the help of the government, the tech startup industry has started developing again. The NASSCOM report has estimated that in the next 6 months, tech startups can grow 5 times and the revenue of tech startups can also increase by 50 percent.
Tech startups suffered losses in April 2020- According to the NASSCOM report, the country’s tech startups suffered a lot due to the corona epidemic. But with the start of the unlocking process and the incentive package from the government, tech startups once again gained momentum.
Tech-start-ups in the country are moving rapidly on the path of recovery. The start-up ecosystem is promoting the creation of direct employment in the country. #Self-reliant India #TransformingIndia pic.twitter.com/jvQA9WKiMj
— MyGovHindi (@MyGovHindi) November 29, 2020