47% of Indian startups and SMEs have less than a month of cash left: Survey1 min read 27 Apr 2020, 02:21 AM IST
The finding is part of a new survey conducted by social media and community platform LocalCircles in the wake of pandemic
Bengaluru: The impact of covid-19 can be seen on businesses, as several startups including Swiggy, Oyo, Meesho, Udaan and VOGO have either laid off or furloughed their staff. And now, with the lockdown impacting business and revenues, many small startups have reported saying that the capital in the bank has started to dry up.
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