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    Startup Street: Is work from home model gaining steam amid coronavirus crisis?

    startup | IST

    Startup Street: Is work from home model gaining steam amid coronavirus crisis?

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    In the wake of coronavirus outbreak, an increasing number of employees are preferring to work from home.

    In the wake of coronavirus outbreak, an increasing number of employees are preferring to work from home.
    It is time for the companies and startups to adapt transition to remote working models.
    But, any shift does not come without its fair share of problems. While some employers worry about maintaining productivity levels, others have welcomed the change to build a remote and digitally enabled workplace.
    CNBC-TV18 caught up with Sparsh Gupta, co-founder and CEO of Wingify, a software startup that develops tools for increasing website sales, signups, downloads and conversions and Ayush Jaiswal, co-founder and joint CEO of Pesto, a homegrown edu-tech startup that is redefining the way Indian engineers work, to discuss various concerns, business impact and best practices for working from home.
    Also on Startup street:
    App-based consumer lending startup ‘SmartCoin’ has raised over $7 million in the round of funding from LGT Lightstone Aspada and existing investors along with Unicorn India Ventures and Accion Venture Lab.
    SmartCoin uses a machine learning based underwriting engine to give credit to middle and lower income groups.
    CNBC-TV18 caught up with Rohit Garg, CEO of SmartCoin, to know more about the fundraising.
    Also, Innoven Capital, Asia’s leading venture lending platform has come up with its fifth startup outlook report.
    It provides an outlook on the sentiment prevailing in the startup ecosystem through the eyes of founders. The survey was given to 100 founders from early, growth and late stage companies and covers a wide range of topics around the funding environment, exits, focus areas and challenges.
    CNBC-TV18 spoke to Ashish Sharma, CEO of Innoven Capital India to know more about the findings of the report and trends for 2020.
    On ‘Hot Seat’, venture capital firm Sequoia called coronavirus "the black swan of 2020".
    In a blog that provided guidance to its founders and CEOs on how to ensure health of their business, Sequoia said as it is with all crisis, there are some businesses that stand to benefit.
    While the outbreak is likely to lead to an economic disruption in the country, several businesses are capitalising on the change in customer behaviour.
    (Watch this video for details)
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
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