The COVID-19 pandemic has drastically deranged the economic activity globally, and the startup ecosystem hasn’t been spared as well. Majority of them have been struggling with their cash inflows as investors have been hesitant in spending their money, which, in turn, has diminished startups’ ability to continue their businesses. In fact, in a recent NASSCOM report, it has been revealed that approximately 3 to 40 percent of the tech startups have temporarily paused their business operations or are scrambling to continue it all together. A lot of this could be attributed to the short runway time that majority of these tech startups come with.

Read more: https://analyticsindiamag.com/what-investors-should-look-for-in-ai-startups/

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