Venture capital firm Matrix Partners India has thus come out with an elaborate guide for the startup community on the difficult choices to make.

This was based on the firm’s call with Harry Man, managing director at Matrix Partners China for its portfolio founders.

Third and the last scenario is when “India is the world’s pariah.”U-shaped RecoveryThis is the current situation India is in and the most positive situation of the three scenarios explained.

In India, startups are currently focussing on core assets.

“More than 60% of shops may be open but business is 20-30% of peak demand because consumers are still not ready to risk entering crowded spaces,” according to Matrix Partners. | To read full story, visit https://startuparound.com/read/1584975604.9497912/Matrix-Partners-Shares-Lessons-For-Startups-Amid-Coronavirus-Outbreak?ref=audio_experience