March has turned out to be a disaster for the Indian economy after the deadly coronavirus pandemic began spreading across the state. Even the Indian startup industry is not immune to the repercussions of the pandemic and the lockdown enforced by the government.
With work and business going remote and even basic management processes involving digital tools, it’s also an interesting time for SaaS and other productivity-focused tools as well as collaboration platforms.
There is no doubt that this pandemic is going to irreversibly alter consumer behaviour, whether it is in terms of shopping, content consumption, food, payments or communication. But for now, essential services like ecommerce, supply chain, and healthcare have definitely gone through the roof in terms of adoption.
In fact, remote meeting tools, social gaming apps, online learning, and health and fitness startups have earned plenty of attention from the investor community through March 2020.