Startups gear up for a world drastically changed by Covid-19

Companies need to prove they can capture new opportunities, say industry players; there is optimism about a pick-up in fundraising

Claudia Chong

Published Thu, Jan 7, 2021 · 05:50 AM

Startups

Singapore

WITH a Covid-19 vaccine signalling some light at the end of the tunnel, startups must now prove they are ready to capture the opportunities presented by a world drastically changed by the pandemic, said industry players.

E-commerce and healthtech companies face the challenge of maintaining momentum past the lockdowns, while startups in other sectors can capitalise on the second- and third-order impacts of the pandemic, observers told The Business Times.