Humankind is now facing a global crisis due to Coronavirus outbreak.

If the growing novel coronavirus outbreak becomes a long lasting pandemic, it could result into fundamental changes in the economy, politics and the workplace.

If we see, in spite of having both positive & negative outcomes, there are more negative & worse outcomes than positive ones arising due to Coronavirus outbreak.

So, it is predicted that that there will be increased reliance on technology and less on travel in future.

We must hope that this recession due to Coronavirus outbreak will not be as big as Great Depression of 1929. | To read full story, visit https://startuparound.com/read/1584871206.9579582/What-will-be-the-Scenario-after-Coronavirus-Outbreak??ref=audio_experience

The business uncertainty around the impact of coronavirus has created anxiety and raised questions across the ecosystem.

In a similar sentiment of one of the world’s leading VCs Sequoia Capital has also called a black swan moment.

Suster said that if this is indeed a black swan, businesses should shore up cash now.

He also said that if the market stabilises relatively quickly, capital markets tend to move past an initial sell-off.

Coronavirus Comes At The Wrong TimeIn terms of maximum impact of social distancing due to coronavirus, Suster noted that most-impacted markets would include chain restaurants, domestic air travel and hotels business. | To read full story, visit https://startuparound.com/read/1584869406.2567396/If-Coronavirus-Is-Black-Swan,-Startups-Need-To-Shore-Up-Cash-Now:-VC-Mark-Suster?ref=audio_experience

The Karnataka government has decided to shut state borders and postpone all exams, including Class 10, to control the spread of COVID-19 virus, Chief Minister BS Yediyurappa said on Sunday.

Free ration for the next two months will be given to all those who avail it in one go, the chief minister said.

The chief minister complimented and thanked people of the state for supporting the prime minister's call.

The chief minister said he held detailed discussions with Narayana Health Chairman Dr Devi Shetty, senior ministers, and officials of his government this morning regarding certain important measures that need to be taken.

Coronavirus war roomThe chief minister said Balabrooie Guest House in the city would be converted into a coronavirus war room, and all related measures would be monitored and implemented from there under his leadership. | To read full story, visit https://startuparound.com/read/1584867606.8033066/Karnataka-shuts-state-borders,-announces-free-ration-for-two-months-to-deal-with-coronavirus?ref=audio_experience

Project management software accomplishes this through a range of tools to manage workloads, monitor productivity, and allocate resources.

In this article, we have compiled the 7 best project management tools for virtual teams to narrow down your search.

You get an “HQ” for your virtual teams to work together, allow company-wide communication, and private spaces for task and project management.

With tailored solutions for marketing and creative teams, project management teams, product teams, professional services teams, and more, Wrike defines the next generation of work management worldwide.

We hope this overview has given you some inspiration in choosing which project management software might be right for your business. | To read full story, visit https://startuparound.com/read/1584865806.7341049/Project-Management-Tools-for-Virtual-Teams?ref=audio_experience

The issue with deep learning is that the resources that led to its rise are also giving rise to inequities.

Today, it is tough for startups to beat ‘big tech’ like Apple, Google, Amazon, and Microsoft in deep learning through better research capabilities or better data.

This shall be due to the rise of Deep Reinforcement Learning (RL) as a prominent algorithm for such problems.

Let’s take the example of a kid learning to ride a bike.

RL could potentially be used for most decision making processes in extremely complex environments with low precedent data. | To read full story, visit https://startuparound.com/read/1584864014.593997/Reinforcement-Learning:-The-Algorithms-Changing-How-Computers-Make-Decisions?ref=audio_experience

While the safety of the employees is the primary concern for the startups, they may face compliance delays due to this.

Bigger startups may have planned their work in such a way to ensure compliance is met with a bare-bones staff.

Startups Seek Extension Till Coronavirus ClearsThe government may have to extend deadlines as there is no other way for a lot of businesses.

Many startups have set up WhatsApp groups, and more savvy and new-age companies use collaboration/productivity tools like Slack, Asana, etc.

The government can extend due dates in a staggered manner as per the turnover of the corporates, say companies. | To read full story, visit https://startuparound.com/read/1584862205.4201202/Startups-Face-Herculean-Task-Of-GST-Filing-Amid-Coronavirus-Lockdown?ref=audio_experience

As businesses get affected due to the novel coronavirus pandemic, the State Bank of India, the country's largest lender, has opened an emergency credit line to meet any liquidity mismatch for its borrowers.

The additional liquidity facility, COVID-19 Emergency Credit Line (CECL), will provide funds up to Rs 200 crore and will be available till June 30, 2020, SBI said.

The bank said the credit line was open for all standard accounts, which have not been classified as SMA 1 or 2 as on March 16, 2020.

Special Mention Accounts (SMA) was introduced to identify those accounts that has the potential to become an NPA/stressed asset.

Nearly 80 percent businesses have witnessed a decline in cash flows due to the global pandemic, it showed. | To read full story, visit https://startuparound.com/read/1584860406.1855464/SBI-opens-emergency-credit-line-for-borrowers-as-businesses-grapple-with-coronavirus?ref=audio_experience

Using data science, fashion stylists and designers are able to identify trends and match the expectations of their end consumers.

Simply put, data science is technology’s ability to aggregate a large set of data, analyse it, and accordingly produce insights that determine future business decisions.

Here’s how data science is changing the fashion industry:Personalised fashionThe future of fashion hinges on personalisation and relevance.

Predicting trendsThrough data science, brands can continuously collect information about the changing tastes and preferences of their target consumer.

Through data science, fashion brands can understand the nuances of a customer’s tastes and preferences to create products that match a customer’s expectations. | To read full story, visit https://startuparound.com/read/1584858615.6206045/How-data-science-can-change-the-way-we-buy-clothes?ref=audio_experience

Every small business’s marketing strategy is going to look a bit different.

To learn more about making the most of these pieces of content, read this Content Marketing Institute post by Chris Collins.

Organize Your Content Like a ProIf you want to make the most of content marketing for your business, you need an easy way to keep track of all the different content you’ve created.

Never Run Out of Content IdeasA solid content marketing strategy requires tons of unique ideas.

If you’d like to suggest your favorite small business content to be considered for an upcoming community roundup, please send your news tips to: [email protected]. | To read full story, visit https://startuparound.com/read/1584856941.8018498/10-Tips-for-Improving-Your-Small-Business-Marketing-Through-Content-and-Visuals?ref=audio_experience

Bengaluru-based social commerce platform Meesho changed its business model to bring three million women sellers on its platform.

Nithin Kamath and Vikram VaidyanathanNithin Kamath, Co-founder and CEO of Zerodha, on how he built a profitable bootstrapped business and how it continues to grow despite the pandemic.

Bhavish Aggarwal, Co-founder, OlaOla has offered cover loss of income for driver-partners and their spouses in case they test positive for coronavirus (COVID-19).

(Source: Shutterstock)The Karnataka DCM explained the steps taken to control the outbreak of the coronavirus and also sought inputs from the industry leaders.

Harshita Jain, a student of American Embassy School, New Delhi, is the founder of Necessiteas, a startup that specialises in bubble tea. | To read full story, visit https://startuparound.com/read/1584855015.9570916/What-led-to-Meesho's-current-business-model?ref=audio_experience