chargeIQ’s Post

Nasdaq-listed self-driving car marketplace Zoomcar managed to significantly cut its loss in the first quarter of the fiscal year 2024-25 (Q1 FY25) due to a sharp reduction in its finance costs 👇 The startup’s net loss declined 92% to $2.53 Mn during the quarter under review from $28.78 Mn in the year-ago period. However, it also saw a decline in operating revenue. Revenue from services fell 15% to $2.20 Mn from $2.61 Mn in Q1 FY24. Despite the decrease in revenue, the startup said in a statement that it saw higher traction for its services during the quarter. Zoomcar’s number of bookings went up 9% year-on-year to 1.12 Lakh in Q1 FY25. It said that booking grew despite lower expenditure on performance marketing and host incentivisation. 🔗 To read more in detail, click here: https://lnkd.in/gxAtbe6k #news #zoomcar #revenue

Are you attending Collision Conference 2024? Swing by booth E151 to meet me and my team! 🚀 Let's discuss how remote connectivity can enhance your organization's efficiency and adaptability. In today's competitive startup landscape, leveraging remote connectivity can be your key to success. Email me at josh.owen@teamviewer.com to schedule a meeting. Looking forward to connecting in Toronto! #teamviewer #Saas #CollisionConnect2024 #CollisionConnect

Thinking you can master SaaS without understanding its unique business model is like trying to fly a plane with car keys. 🛩️🔑 SaaS businesses are not just another aircraft; they're supersonic jets, revolutionizing how software is delivered and consumed. But here's the kicker: piloting these jets requires more than just a traditional pilot's license. 🚀💼 SaaS, or Software-as-a-Service, isn't merely a buzzword; it's a paradigm shift. Gone are the days of cumbersome software installations and hefty upfront costs. In their place, SaaS offers a sleek, subscription-based model that's as seamless for the user as streaming your favorite series. 📺➡️💻 But here's where many entrepreneurs face turbulence: the SaaS business model comes with its own set of challenges and intricacies. 🌪️💡 ✅ Sales Tax: Navigating the complex airspace of sales tax across different jurisdictions can feel like flying through a meteor shower. Each region has its own laws, turning tax compliance into a daunting task. 🌌💸 ✅ Expenses Management: In the world of SaaS, expenses aren't just numbers on a spreadsheet; they're part of a strategic flight plan. Knowing which costs to amortize and which to recognize immediately is crucial for maintaining altitude. 📊✈️ ✅ Revenue Recognition: Perhaps the trickiest maneuver of all, recognizing revenue in a SaaS model defies traditional accounting gravity. With customers not "obtaining control" of the service in the conventional sense, SaaS companies must chart their own course. 🧭💰 Enter Finotor, the co-pilot SaaS businesses didn't know they needed. With its advanced navigation systems (read: financial analysis tools), Finotor helps SaaS companies soar through the complexities of their unique business model, ensuring a smooth flight from takeoff to landing. 🛫🌟 So, to all the software entrepreneurs out there, remember: understanding the SaaS business model isn't just part of the pre-flight checklist; it's the key to unlocking the stratosphere of success. Equip yourself with the right tools, like Finotor, and the sky's the limit. 🚀🔝 ---------------------- Liked this post? Want to ses more? Ring it on my profil 🔔 Connect with me 🔝 Follow me : #franckbrunet #finotor #SaaS #BusinessModel #Finotor #SoftwareEntrepreneurship

CREATING VALUE THAT IS THE NAME OF THE GAME. When I think of companies that are of value to their clients Srikrishnan Ganesan and Rocketlane come to mind. I've seen amazing transformations with companies using Rocketlane and significantly increasing their value to their customers. Kudo's to Rocketlane for their amazing commitment to being Invaluable to their clients! It's a great success story for us all! #projectmanagement #psa #clientonboarding #saas #business #tech

Exciting News! We're thrilled to announce that Transit Technologies has acquired TripShot, a leading fleet management software company known for its simple yet powerful platform in public and private commuter transportation. Check out our official press release here: https://hubs.ly/Q02m-YC50 This acquisition will integrate an enhanced product set into Transit Technologies’ impressive suite of AI-powered SaaS mobility solutions and will bring several benefits to clients, including: ✔️Enhanced ability to serve, connect, and optimize both public and private transit networks for current and future clients of both companies. ✔️Redefined standards of transportation services and fleet management by further integrating technology solutions into the Transit Technologies comprehensive mobility platform. ✔️Increased resources with which we will be able to invest more in research and development, ensuring that we continue to deliver innovative solutions to meet your needs. Welcome to the Transit Family, TripShot! #TransitTech #TripShot #Ecolane #Acquisition #Innovation #Mobility #Fleet #Software #Transportation #FleetManagement #SmartMobility #FleetOptimization #TMAC2024

🚀 3 Days Until the Official Launch of SAAS HILLS! 🚀 The countdown is on! We are just 3 days away from launching our exciting new project – SAAS HILLS. It's been an incredible journey, and we're thrilled to share this innovation with you! For bookings, inquiries, or more information, please feel free to reach out to me directly at: 📞 +971 52 955 2423 Stay tuned for more updates – we can't wait to introduce you to what we've been working on! #SAASHILLS #Innovation #TechLaunch #SaaS #NewProject #Countdown #BusinessGrowth

I couldn’t be prouder of the team iPark - Affordable EV Charging Platform. In record-breaking time, the team has developed a fully functional EV platform dashboard that boasts: 𝗔𝘀𝘀𝗲𝘁 𝗮𝗻𝗱 𝗛𝗶𝗲𝗿𝗮𝗿𝗰𝗵𝘆-𝗯𝗮𝘀𝗲𝗱 𝗔𝘂𝘁𝗵𝗼𝗿𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗠𝘂𝗹𝘁𝗶𝗽𝗹𝗲 𝗔𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗠𝗲𝘁𝗵𝗼𝗱𝘀 𝗥𝗼𝗯𝘂𝘀𝘁 𝗡𝗲𝘁𝘄𝗼𝗿𝗸 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗙𝘂𝗹𝗹 𝗔𝘀𝘀𝗲𝘁 𝗩𝗶𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆 The platform is built with a scalable backend and intuitive frontend, utilizing advanced databases and sophisticated authentication layers to ensure top-notch security and performance. And we achieved all this while bootstrapping! One thing I truly appreciate about startups is their 𝗦𝗣𝗘𝗘𝗗 and 𝗔𝗚𝗜𝗟𝗜𝗧𝗬.

💡🚘 Stellantis Free2move CEO Brigitte Courtehoux highlights the advantages of connected mobility…… Stay ahead of the game and check out Coastr connected mobility solution to keep up with market leaders.📈 This innovative platform optimizes vehicle efficiency and improves carbon footprint by connecting rental and leasing automotive partners with B2B customers' fleets providing a valuable solution to your B2B customers. #connectedmobility #sustainability #optimization 🔋🌱🚗 📞Contact me for more information

B’lore edition GTMDialogues filling fast! Have you registered? GTMDialogues | Pentathlon Ventures | SuperStrat | Efficient Capital Labs #bangalore #startupgrowth #scaleitright #gtmstrategy See y’all soon!

Ready to dive into the world of subscription-based SaaS? 🚀 Catch our co-founder and CEO, M Farag, at the Xpand Conference in Amman, Jordan, today! He'll be discussing "What does it take to build a subscription SaaS start-up?" at 1:20 PM. This is your chance to get a front-row seat to the insights, challenges, and success stories that have shaped Subsbase's journey. Whether you're an aspiring entrepreneur or a SaaS industry enthusiast, you won't want to miss this! Mark your calendars, and let's unlock new possibilities together! #XpandConference #SaaS #StartupJourney #Subsbase