Tech startups recovered after the Corona epidemic, this increased employment opportunities in the country.
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Tech startups have raised 3 to 4 times more funds last month compared to April 2020. Along with this, the tech companies of the country have started giving jobs to new people by removing the ban on hiring.
After the unlocking process, there was a rapid recovery in tech startups.New Delhi. The Corona epidemic shook the industries in India as well as across the world. The direct impact of Covid-19 and lockdown was also seen on tech startups in the country. But the good thing amidst all this is that with the unlocking process in the country, a rapid recovery has been seen in tech startups. According to the report of the National Association of Software and Services (NASSCOM), with the relaxation in lockdown and the help of the government, the tech startup industry has started developing again. NASSCOM report has estimated that in the next 6 months, tech startups may grow by 5 times and the revenue of tech startups may also increase by 50 percent.
Tech startup suffered loss in April 2020- According to NASSCOM report, the country’s tech startups had suffered huge losses due to the Corona epidemic. But with the start of the unlocking process and the incentive package from the government, tech startups once again gained momentum.
Tech-start-ups moving fast on the path of recovery in the country. The start-up ecosystem is giving a boost to the creation of direct employment in the country. #AatmaNirbharBharat #TransformingIndia pic.twitter.com/jvQA9WKiMj— MyGovHindi (@MyGovHindi) November 29, 2020
