The Third Webinar for Startups “Reasons Why Startups Fail: How to Avoid Failure and Thrive in COVID-19”

June 10, 2020, Online
Focusing on the important topic “Reasons Why Startups Fail: How to Avoid Failure and Thrive in COVID-19”, the third webinar of the series was held online on June 10, 2020. The prominent Indian mentor, Mr. Saravana Mani, Global Head of Innovation Kmart Group Australia, conducted the online sessions of the third webinar for startups.

During the sessions, it was explained and discussed the significant areas such as newest findings of Nasscom Startups Survey focusing on the context of COVID-19 crisis; angle networks and reskill; factors such as lack of demand for products, deficiency of necessary skills in the business, ignoring and not avoiding cash burn, reluctance to get feedback and criticism on prototypes, weak team and poor leadership, inability to raise capital, poor marketing strategies, and ignorance of consumer needs. This highly interactive webinar, mingled with effective question and answer sessions, was attended by about 80 young entrepreneurs and startups from Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka in the SAAR region.

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