The pandemic will redefine the way businesses are conducted in a post-Covid world, much like the Great Depression and the dotcom bubble had done in the past. While startups across HEIs were at the frontlines, fighting the Covid challenge with rapid innovations such as PPEs, ventilators, drones, face masks, to mention a few, the road to recovery will be long, calling for the need to recreate the next generation of businesses. Agrees Anil Wali, managing director, FITT, IIT Delhi, “Barring startups directly impacting the healthcare space, the other startups will have to re-orient their solutions to align with the new business environment. Even the healthcare/med-tech startups should learn from the deficiencies in public health systems (laid bare by the COVID-19 pandemic)
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