Creating new companies: India Accelerator funded 27 start-ups in 2020; aims to mentor 100 start-ups in 2021




The pandemic year (2020), Bhatia said, has been tough on start-ups. “The funding funnel dried up, revenues declined, profits shrunk, and companies scaled down growth plans. Early-stage and mid-stage start-ups are the worst-hit, especially in travel and transportation space,” he said.



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