Keen to change this is Bengaluru-based two-wheeler rental startup Ontrack Technologies.

OnTrack foundersHe soon convinced his father to buy him a bike and decided to rent it out to his friends.

The evident problem statement with call centres was latency when it came to driving faster and better customer experience and the classic machine-replacement phenomenon.

And our Techie Tuesday of the week was a former CTO of Rivigo, the Gurugram-based billion-dollar logistics startup.

Today, Koramangala’s fintech street boasts Instamojo, Paytm Money, PhonePe, Cashfree, Slice, furniture rental startup Furlenco, and coworking space WeWork. | To read full story, visit https://startuparound.com/read/1580553005.983903/[WATCH]-The-week-that-was:-from-Bengaluru's-rise-in-startup-power-to-why-founders-push-boundaries-in-tech?ref=audio_experience

In a presentation of two hours and thirty minutes, the Finance Minister laid out a slew of income tax reliefs for the common man.

For those earning between Rs 5 lakh and Rs 7.5 lakh per annum, Sitharaman reduced tax rates to 10 percent.

For those earning between Rs 7.5 lakh to Rs 10 lakh per annum, the income tax rate was slashed to 15 percent.

And for income between Rs 10 lakh and Rs 12.5 lakh, people will pay reduced a tax of 25 percent.

Here's a handpicked collection of the choicest tweets, that pretty much sums up desi Twitter's reaction to Budget 2020. | To read full story, visit https://startuparound.com/read/1580549507.4632802/Budget-2020:-Funny-tweets-and-memes-that-will-leave-you-in-splits?ref=audio_experience

Voonik - Business Model and Revenue ModelVoonik - Startup ChallengesVoonik - CompetitorsVoonik - Funding and InvestorsVoonik - AcquisitionsVoonik - GrowthVoonik - AwardsVoonik - Future PlansAbout Voonik and How it WorksSujayath Ali and Navaneetha Krishnan launched Voonik to personalize the shopping experience for men and women.

Now, Voonik is a personal shopping app for women, allowing them to buy apparel from multiple brands and fashion stores, according to their body type, lifestyle, and budget.

Back then, Navaneeth had an idea for a Saas offering based on his long and intriguing experience at Zoho and Freshdesk.

Cutting the long story short, Voonik brings multiple online stores into a single cart.

Given that, there’s so much out there happening in the online fashion zone. | To read full story, visit https://startuparound.com/read/1580547607.3702219/A-Startup-Personalizing-Shopping-Experience?ref=audio_experience

During the Budget 2020-21 speech, Finance Minister Nirmala Sitharaman announced the cabinet's recognition of emerging technologies across industry verticals.

She added that this Budget will exert more focus on building emerging technologies to drive financial inclusion in the country.

As part of it, knowledge transfer centres are expected to be set up across new emerging sectors.

While quantum technologies are opening new frontiers in cybersecurity and for internet users, a total outlay of Rs 8,000 crore has been allocated for over five years, for the national mission on quantum technology and applications.

This will make India the third biggest pioneer in the world, with respect to the adoption of emerging technologies, after the United States and China. | To read full story, visit https://startuparound.com/read/1580545805.243426/Budget-2020:-Govt-to-focus-on-emerging-technologies-to-drive-financial-inclusion?ref=audio_experience

Finance Minister Nirmala Sitharaman ’s Budget made a quantum jump, calling data as the new oil and allocating a substantial sum for development of quantum technology in the country.

In her address, Sitharaman said the new economy is based on innovations that disrupt established business models.

“It is expected a lot of communication app would emerge from theoretical constructs.

It is proposed to provide an outlay of Rs 8000 crore over a period of 5 years for the National Mission on Quantum Technologies and Application.

India will be the third biggest and pioneering nation if we can break into quantum tech and applications,” she said. | To read full story, visit https://startuparound.com/read/1580544006.474302/Budget-2020-21-aims-to-take-a-‘Quantum’-jump;-FM-calls-data-the-new-oil?ref=audio_experience

Union Finance Minister Nirmala Sitharaman in her Budget 2020 speech said entrepreneurship had always been the "strength of India".

Sitharaman also proposed a seed fund by the government to support early-stage startups.

Sitharaman said youth were the power behind startups, and alloted Rs 3,000 crore for skill development.

In her first Budget speech in July 2019, she had announced an exclusive TV channel for startups.

The previous Budget also focused on creation of a separate committee to administer the issues that startups face due to angel tax. | To read full story, visit https://startuparound.com/read/1580542206.4350028/Budget-2020:-Nirmala-Sitharaman-announces-seed-fund-for-early-stage-startups,-policy-to-set-up-data-centre-far?ref=audio_experience

Presenting the Union Budget for 2020-2021, she said growth of 7.4 percent was surpassed in 2014-19 with an average inflation of 4.5 percent.

According to the Economic Survey , India's economic growth is expected to "strongly rebound" to around 6.1 percent in 2020-21 from the five percent estimated in the current fiscal.

The government's thrust on affordable housing, Make in India, reduction in corporate tax rate, and improvement in ease of doing business, besides others factors, will help in boosting economic growth, it said.

"GDP growth of India should strongly rebound in 2020-2021 and more so on a low statistical base of five percent growth in 2019-20," said the survey tabled by Finance Minister Nirmala Sitharaman.

The survey also stresses that deceleration in GDP growth can be understood within the framework of a slowing cycle of growth. | To read full story, visit https://startuparound.com/read/1580540413.4927423/Budget-2020:-India-now-fifth-largest-economy-globally,-says-FM-Nirmala-Sitharaman?ref=audio_experience

Amid heightened expectations of bold reforms to revive India’s economic growth, Finance Minister Nirmala Sitharaman presented the Union Budget 2020-2021, which she said was based on three prominent themes: aspirational India, economic development for all, and creation of a caring society.

This Budget aims to fulfil all their aspirations,” Nirmala Sitharaman said.

Union Finance Minister Nirmala Sitharaman arriving in Parliament for the presentation of Budget 2020-2021.

GST has been the most historic.”GST:Pays homage to visionary leader Arun Jaitley for GST reform; calls GST the most historic economic structural reform and highlights GST impact on MSMEs, consumers, etc.

for GST reform; calls GST the most historic economic structural reform and highlights GST impact on MSMEs, consumers, etc. | To read full story, visit https://startuparound.com/read/1580538605.9728034/Budget-2020-Live-Highlights:-FM-Nirmala-Sitharaman-presents-Union-Budget-to-“fulfil-aspirations”-of-all-Indians?ref=audio_experience

BENGALURU: Ola plans to launch operations in London on February 10, a key market for the firm outside India.In July last year, Ola was granted a one-year Private Hire Vehicle PHV ) licence from the Transport of London, the government body that oversees the cities’ transportation, to operate its services in the city, according to a disclosure made by the department.

The licence is valid until October 3.“We are working closely with drivers to build a high quality and reliable service for Londoners.

Launching in London is a major milestone for us,” Simon Smith, head of Ola International said.The company claims it has over 20,000 drivers registered on the platform.

Ola has expanded throughout the United Kingdom since its launch in 2018 and operates across Birmingham, Coventry, and Warwick. | To read full story, visit https://startuparound.com/read/1580536805.279299/Ola-to-launch-in-London-in-February?ref=audio_experience

Q: What key things should a SaaS startup focus on to grow from 500k-1M ARR?

The simplest way to go from $500k to $1m ARR is to treat every prospect like a king or queen.

Like they are the single most important prospect / customer in the world.

Even for a $49/mo deal, spend 10 hours with them if they need it.

I slept with my laptop next to my bed at this phase to be the “swing shift” support. | To read full story, visit https://startuparound.com/read/1580535007.1060941/What-key-things-should-a-SaaS-startup-focus-on-to-grow-from-500k-1M-ARR??ref=audio_experience