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2020: A sombre year for start-ups

Annapurani V | Updated on December 29, 2020

As with the other sectors, the start-up ecosystem in the country also faced a setback because of pandemic. Funding was derailed, many firms shut shop or laid off employees.

A few sectors such as ed-tech and enterprise applications made hay, but most others saw investments dip this year.

The number of start-ups that became unicorns, however, soared in 2020.

Here's an overview:

 

Published on December 29, 2020

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