Indian Startups witnessed one of the best periods in 2019. The startup community was able to raise a whopping $14.5 billion in the last year, according to Tracxn, a research firm. The data also showed that almost half of the startups founded in 2019 received funding. However, the bullish outlook was soon phased out with the coronavirus outbreak that started in China.
The viewership of OTT platforms has recently skyrocketed as almost the entire world went into lockdown. The pandemic has brought a paradigm shift into how we watch. With the movie theatres closed, viewers across all the age groups are thronging to web platforms that were earlier believed to be a place for only youngsters.
Though the Israeli government is yet to provide any official timeline for the actualization of the annexation, stiff opposition across the globe has begun against the move.
The coronavirus pandemic has brought a paradigm shift in every part of our lives. The virus outbreak led to a nation-wide lockdown, which has caused tremendous damage to India’s economic system.
India has recently become the fifth most affected country with more than a quarter of a million cases and almost 7500 deaths. The pandemic hit came along with an economic crisis. However, the response from India Inc in fighting the COVID-19 pandemic has been laudable.
By the beginning of April, many major startups and unicorns started feeling the heat of a cash crunch. Their businesses were hit severely by the imposition of lockdown. Due to the two-month-long lockdown across the nation, the revenue of these startups has received a major blow.
China plans to introduce a fundamental change to its relationship with Hong Kong. Like all its previous attempts, China’s new plan has received a severe backlash from Hong Kongers and with it from the international corridors.