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Indian startups diversify their businesses to offset COVID-19 induced losses

Indian startups diversify their businesses to offset COVID-19 induced losses

3 years ago
Anonymous $GRbK1oXs9y

https://techcrunch.com/2020/06/28/indian-startups-diversify-their-businesses-to-offset-covid-19-induced-losses/

E-commerce giant Flipkart is planning to launch a hyperlocal service that would enable customers to buy items from local stores and have those delivered to them in an hour and a half or less. Yatra, an online travel and hotel ticketing service, is exploring a new business line altogether: Supplying office accessories.

Flipkart and Yatra are not the only firms eyeing new business categories. Dozens of firms in the country have branched out by launching new services in recent weeks, in part to offset the disruption the COVID-19 epidemic has caused to their core offerings.