Building a startup that will last is an arduous job even at the best of times — forget about a pandemic year. In 2020, concepts such as the right product-market fit and user persona seemingly evolved every week and startups have plenty to be proud about as they fought the pandemic, its aftershocks and the ripple effect across sectors.
While some startups that emerged in the past couple of years failed to keep their business going, many sailed through the choppy waters and reached some prominence. In February, Inc42 launched the 30 Startups To Watch monthly series to showcase early-stage startups that are disrupting industries with innovative ideas and the right product-market fit in these inclement times.
Now, at the end of 2020, with each passing day, businesses are heading towards a better tomorrow and thousands more will emerge in 2021 given how early-stage startups have attracted funding this year. According to Inc42 Plus data, in 2020, early-stage startups bagged a total of $403 Mn funding across 380 funding rounds, significantly more than $255Mn bagged in 2019 across 312 funding rounds. After a tough year, this underlines the fact that startups can indeed swim against the tide and attract capital.
30 Startups To Watch — 2020 Edition
Over the past 10 editions of 30 Startups, we have featured 300 startups across sectors and for the last edition of 2020, we bring you a shortlist of the top 30 from among these 300. These startups have displayed remarkable growth, many directly aiding the fight against the pandemic and every one of them emerged as an outlier by achieving business growth, signing new partnerships, launching new products, attracting funding, and more.