Tech start-ups stressed in the time of Covid-19, but the big guys rake in

Neither Silicon Valley nor India tech Inc has been granted any real monetary respite by their governments. But in true start-up spirit, both are fighting it out

Countries around the world have been announcing economic relief measures to help the corporate sector tide over the devastating impact the pandemic has had on business. However, an analysis of government initiatives across the globe shows that there is hardly any benefit for the tech sector, which some argue has been less hit relatively. 

The strain is being felt alike in the United States's Silicon Valley and India’s tech ecosystem, which is largely based in Bengaluru and the National Capital Region (NCR).

India’s Rs 1.7 trillion-rupee package leaves out any benefit for tech start-ups, save for a provision under which