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Since April 2020, at least 4,900 owners have listed their businesses for sale with restaurants, fashion, gyms, cloud kitchen and event management companies dominating the space, according to data shared by online dealmaking firm SMERGERS.

“In response to the Covid-led revenue shock, businesses that are looking to close include mostly those who are in services industries, such as, food, main street fashion and educational services,” said Vishal Devanath, Founder & CEO – SMERGERS. 

Read the complete article on The New Indian Express.


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