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E-commerce to edtech, start-up firms bloom amid Covid-19 pandemic gloom

Massive beneficiary of the covid situation has been the startups which are growing rapidly on the back of digital adoption, which is witnessing an acceleration worth multiple years in just few months

Private equity and venture capital investments in H12019 were 27% higher at $23.4 billion compared to  the same period last year, EY says
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Despite the pandemic, this year the young ventures so far have still been able to attract a total of $10.6 billion of venture capital investments, according to data from Venture Intelligence

Peerzada Abrar Bengaluru
The Covid-19 crisis has catapulted a new breed of startups to stardom which are lapping up the opportunities thrown by the pandemic and disrupting old business models with their innovations. The massive beneficiary of the covid situation has been the startups and tech companies. They are growing rapidly on the back of digital adoption which is witnessing an acceleration worth multiple years in just a few months. 

These include sectors such as e-commerce, edtech, logistics, foodtech and fintech. The other areas include healthcare, gaming and software-as-a-service. These sectors are witnessing an exponential rise in demand for services and the trend