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One year of lockdown: Learnings from the pandemic and the road ahead for the Indian entrepreneur ecosystem

Published by :YourStory

24th Mar 2021

For many industries, this was a transformative year. In a sink or swim situation, the entrepreneurial spirit truly came through – with many small, medium and big industries finding their own way to pivot and carve a niche.

Healthtech, edtech, fintech, OTT, and foodtech are some of the core sectors to grow at an accelerated pace in the digital startup ecosystem. Whereas travel, tourism, hospitality and related sectors took a direct hit from the chaos that was unleashed globally.

Changes aside, what we did notice was a 360-degree shift in the way entrepreneurs perceived success. From achieving greater maturity and better business models, Indian startups also streamlined revenues and innovations, and as they continue to deal with challenges, Indian startups are playing the role of a catalyst in reviving the country’s economy.

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