Beyond the volumes of cash that developers were able to attract time and again in their bid to become the next unicorn, India’s ecommerce and fintech startup ecosystem employed five lakh direct and 16 lakh indirect personnel by 2019, numbers that were slated to triple by 2025. Now, this figure looks doubtful for two reasons. The first is reckless disruption — and one isn’t even talking about the Godzilla-sized disruption that Covid-19 has unleashed. Read More…
