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The impact of COVID-19 on the rising start-up ecosystem in India 

December 2020: The unprecedented outbreak of COVID-19, which resulted in a global pandemic, also affected global investment towards the start-up ecosystem. Speaking from an optimistic point of view, recovery is indeed possible, but the road is much longer than expected. This global nightmare has forced a plethora of unforeseen decisions, such as layoffs, and in some cases, companies have shut down due to a lack of financial stability. One thing is certain people are concerned and are unaware of how the situation would shape up. Who has been affected the most by this crisis? Small start-ups that were on the edge of a break-even point are now facing the heat of the pandemic. Some experts estimate that the effects of this current situation will be much worse than that of the 2008 recession. This only proves to be a testimony to how vulnerable these start-ups may be at this point in time. Start-ups scene in India As everyone’s well aware the Government of India introduced 'Startup Indi
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