ISSN (Online) : 2456 - 0774

Email : ijasret@gmail.com

ISSN (Online) 2456 - 0774


SURGE IN VALUATION OF ONLINE SERVICE PROVIDERS IN INDIA DURING COVID’19- BLESSINGS IN DISGUISE: AN EXPLORATORY STUDY OF ONLINE EDUCATION AND PHARMACY COMPANIES

Abstract

Abstract: - This exploratory research paper focuses on understanding and analysing the contributing factors and reasons for sudden increase in overall valuation of online education and online pharmacy companies in India during COVID’19. The pandemic for these companies proved to be a ‘blessings in disguise’. The whole creation is in the grasp of Coronavirus. The dissemination of the virus is so massive that it indulged the World Health Organisation to declare it as a pandemic. The sudden outbreak of the virus has unmatched implications on the worldwide economy. Unadorned economic onus and grave aftermath shock have been borne by the Indian economy. However, unlike other industry and sectors companies like online education and online pharmacy companies proved to be in the reverse trend. Therefore, this article is intended to study the reasons behind this surge in valuation. This study would also explore why education & pharmacy companies has been selected for the study. In larger context it is an attempt to advise the stakeholders for keeping the ongoing performance & pace with the industry trends. Moreover, it deals with the managerial implications associated with the research paper.
Keywords: Covid19, Pandemic, Indian Economy, pharmacy companies, virtual education, MOOCS, Higher education

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