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November 28, 2024

For some Indian software startups, it’s almost like the Covid-19 lockdown never happened

It’s almost like the Covid-19 lockdown never happened for Flock, an office team communication software firm founded by Indian serial entrepreneur Bhavin Turakhia. During a time when most businesses across the world struggled to cope with shutdowns and lack of demand, Flock’s revenue grew 40% for three consecutive quarters, while it saw a 60% increase in the time users spent on the platform.

Flock mostly benefitted from the need for companies to work remotely during the coronavirus crisis, according to Gaurang Sinha, director of go-to-market strategy at Flock. And Flock is certainly not the only company that has benefitted from this trend.

A host of Indian software startups have had a field day amid the pandemic as their clients’ dependence on technology increased. These startups offer software to support functions such as payroll processing, computer-aided design, accounting, customer relationship management (CRM), management information systems (MIS), invoicing, human resource management, talent acquisition, content management, and geographic information systems (GIS). Using their tools helped companies carry out all these functions remotely.

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This information was first published on https://qz.com/india/1907751/how-indian-saas-startups-are-thriving-during-coronavirus-pandemic/

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