“Our sales have been zero for the last 15 days,” says Viral Chhajer, co-founder of Bengaluru-based co-living startup StayAbode.

With India in the midst of a 21-day countrywide lockdown because of the novel coronavirus pandemic, co-living companies such as StayAbode have been badly hit.

Chhajer reckons business could drop by 25% by the end of April if the lockdown extends beyond the initial 15 April deadline.

AUTHOR

Vandana

Vandana is based in Delhi. She covers vertically focussed startups in consumer internet space and also writes on travel tech and smartphones for The Ken. She has spent 13 years in journalism covering a wide range of subjects- equity markets, mutual funds to education and skilling, working at organisations such as Business Standard, CNBC TV18 and The Week in the past.

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