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Second wave of the pandemic sends Indian startups back to the drawing board | KrASIA

Last year, when the COVID-19 pandemic hit India, technology companies of all sizes and various growth stages were negatively impacted. But, by the time the lockdown was lifted by mid-2020 when COVID-19 cases started to reduce, online companies saw a spike in demand due to unprecedented growth in digital adoption.

To keep up with the rise in demand, startups had to ramp up their hiring to strengthen technology as well as put more feet on the ground for delivery and other operations.

However, this year has turned out to be different. To begin with, the daily rise of COVID-19 cases in the second wave of infections beginning in April shot through the roof, showing four-fold jump compared to last year’s peak of daily cases. This also meant that many employees of online commerce companies fell sick, severely impacting their daily operations.

Startups in Mumbai, Bengaluru, Hyderabad, and Delhi have witnessed dozens of their employees, key leaders, as well as founders falling prey to the…

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