VCs continue to bet on startups as opportunities open up amidst COVID-19
Amidst COVID-19, the topmost concern among founders and budding entrepreneurs is whether investors are still willing to invest. April and May were bad in terms of funding but the situation seems to returning to a new normal. The sectors like edtech, Software as a Service (SaaS), ecommerce, online consumer brands, gaming were some of the sectors being favoured by the VCs. These segments are playing their strengths of social distancing and safety which is paramount in the Covid-19 environment. At the same time, there is a definite shift towards B2B startups which were largely in the background until now.