2020 has been a mixed bag for the Indian start-up ecosystem, where the year started off on an upbeat note, only to be hit by the unexpected pandemic. The resultant unforeseen consequences have left entrepreneurs and founders scrambling to find a way to survive and remain standing, on the other side of the pandemic. The lockdowns that were subsequently imposed, affected different verticals differently.
One of the shining beacons of the COVID-19-impacted Indian start-up ecosystem is the fact that the ecosystem responded very quickly. From the government announcing key policy interventions to other ecosystem players such as investors and start-ups themselves, forming ACT (Action COVID-19 Team) to support ideas combating COVID-19, the ecosystem pivoted to turn the crisis into an opportunity.
The TiE Delhi-NCR-Zinnov report titled, ‘COVID-19 and the Antifragility of Indian Start-up Ecosystem,’ provides an in-depth understanding of the impact of COVID-19 on the Indian start-up ecosystem, by assessing multiple dimensions like funding and M&A landscape, sectoral impact, entrepreneur and investor sentiments, and changing market behavior.