In the time period between September and October 2020, about 14 percent of Indian tech start-ups surveyed found prospective investors and another ten percent raised funding as scheduled. This was a significant increase compared to April and May 2020, when three percent found investors and four percent raised funding.
Similarly, the share of start-ups being unable to raise funds decreased from 65 percent in early 2020 to 43 percent in late 2020.
The impact of COVID-19 on Indian tech start-ups in different funding stages between April and October 2020
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NASSCOM (India). (November 25, 2020). The impact of COVID-19 on Indian tech start-ups in different funding stages between April and October 2020 [Graph]. In Statista. Retrieved August 15, 2022, from https://www.statista.com/statistics/1214071/india-coronavirus-impact-on-funding-environment-of-tech-start-ups/
NASSCOM (India). "The impact of COVID-19 on Indian tech start-ups in different funding stages between April and October 2020." Chart. November 25, 2020. Statista. Accessed August 15, 2022. https://www.statista.com/statistics/1214071/india-coronavirus-impact-on-funding-environment-of-tech-start-ups/
NASSCOM (India). (2020). The impact of COVID-19 on Indian tech start-ups in different funding stages between April and October 2020. Statista. Statista Inc.. Accessed: August 15, 2022. https://www.statista.com/statistics/1214071/india-coronavirus-impact-on-funding-environment-of-tech-start-ups/
NASSCOM (India). "The Impact of Covid-19 on Indian Tech Start-ups in Different Funding Stages between April and October 2020." Statista, Statista Inc., 25 Nov 2020, https://www.statista.com/statistics/1214071/india-coronavirus-impact-on-funding-environment-of-tech-start-ups/
NASSCOM (India), The impact of COVID-19 on Indian tech start-ups in different funding stages between April and October 2020 Statista, https://www.statista.com/statistics/1214071/india-coronavirus-impact-on-funding-environment-of-tech-start-ups/ (last visited August 15, 2022)
