13 May Supporting Social Enterprises Through COVID-19

The changes related to COVID-19 has created several challenges for startups and social enterprises in the subcontinent. In a few cases adapting to working remotely has proved to be challenging and in other cases changed government regulation has placed roadblocks. With all services other than essential services staying open, cash flow and cash reserve have been impacted. According to an article on Quartz, over 80% of India’s small businesses expect to scale down, shut shop, or sell off in six months. While we are also working closely with our venture partners and portfolio companies to extend the assistance they require...