As COVID-19 hit the global economies, businesses went into a tailspin, startups and small businesses took the worst hit.
Disruptions in supply chains, labour crunch, changing consumer behaviour, dried up cash flow rendered businesses gasping for breath.
But while the year has been challenging, it has also been transformative especially for disruptive, tech savvy and innovative startups that pushed the envelope and succeeded to stay on top of their game.
Sectors like edtech, fintech, payments, e-commerce, online food delivery, Saas, and health tech have registered a growth in users with revenues crossing pre-COVID levels. Valuations have risen to historic high for companies, which were able to adapt, adopt, and perform in the new normal.
In the special show ‘Young Turks’, CNBC-TV18 puts focus on companies that outperformed and continued to build and scale their businesses with a single-minded focus on the consumer and the market.
Shereen Bhan spoke to the unicorns of 2020 -- Harshil Mathur, co-founder of Razorpay; Vikram Chopra, CEO & co-founder of Cars24; Anchit Nayar, CEO-Retail & CMO at Nykaa; and Himesh Singh, co-founder & CTO of Unacademy.Watch video for more.