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COVID-19 impact: 15% of Indian startups have shut; 44% have cash for only 6 months

Updated : October 14, 2020 07:45 PM IST

About 15 percent of Indians have had to halt operations and 44 percent have cash runway for less than 6 months, according to TiE Delhi & Zinnov’s 'COVID-19 & the Antifragility of Indian Startup Ecosystem' report that was released today.

While the recovery has been swift for the consumer tech space, travel, mobility and hospitality sectors are yet to recover.

CNBC-TV18's Startup Street spoke to Pari Natrajan, CEO of Zinnov, Madhurima Agarwal, director, engineering programs and leader at Netapp Excellerator and Sruthi Kannan, head of Cisco Launchpad, to discuss the road ahead for Indian startups.

Also on Startup Street: a conversation with Sushmita Sen and Amar Nagaram of Myntra as they talk about a new reality show where e-commerce meets fashion.

Watch video for more.
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