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For start-ups, there are many milestones when it comes to success but only few stand out. For an emerging fitness start-up called <keyword id="3084424" type="UNKNOWN" weightage="20" keywordseo="Fitpass">FITPASS</keyword>, it was a call from Abhinav Bindra- India’s only Olmpics Gold Medalist appreciating their product and relaying to them that he personally has been a user.<br /><br /> Akshay Verma, Co-founder, FITPASS told Business Insider that he thought he was being pranked when he heard that <keyword id="28211" type="PERSON" weightage="100" keywordseo="Abhinav-Bindra">Abhinav Bindra</keyword> wanted to talk to him, “We have a lot of celebrities using our product but usually, we know if the celeb is using it. For Bindra, we didn’t know and he called on the number on our website. I proceeded to speak to him and he invited me to meet him in Chandigarh and we discussed the business with him.” <div type="embedgroup"> <div type="Article" hostid="261" msid="59453412" title="Droom raises $20 million in Series C led by Integrated Asset Management" rank="1.0" kind="RELATED" publishDate="Jul 05, 2017, 12:30 PM" mstype="2" mssubtype="0"></div></div>




<br /> Abhinav Bindra, who is on the Indian Olympic taskforce, believes in working to make the country fitter. Bindra who shuttles between Delhi, Chandigarh and other cities finds FITPASS convenient as he doesn’t have to rely on a hefty gym membership to be fit. Bindra also relies on different fitness rituals and this seemed like a perfect fit for that.<br /><br /> FITPASS, the all-access pass to gyms and fitness studios, raised $1 million led Abhinav Bindra and his business partner, <keyword id="550359" type="PERSON" weightage="60" keywordseo="Gaurav-Marya">Gaurav Marya</keyword>, Chairman, Franchise India recently .”We did not need this round of funding but felt that it was the right time to announce Bindra’s support for our product. The fresh funds invested through Bindra’s venture fund – <keyword id="4734525" type="UNKNOWN" weightage="60" keywordseo="shooting-star-and-franchise-india-brands-ltd">Shooting Star and Franchise India Brands Ltd</keyword>. will be used<a name="_GoBack"></a> to expand the full-suite of FITPASS’ service offerings across 10 cities in the next 6 months,” says Verma.

    

    <div type="embedgroup"> <div type="Article" hostid="261" msid="59354409" title="Uber launched UberEATS in Delhi-NCR and this is why it’s different" rank="1.0" kind="RELATED" publishDate="Jun 28, 2017, 5:29 PM" mstype="2" mssubtype="0"></div></div> FITPASS claims to be everything you need to get fit and stay fit and is available on iOS &amp; Android. By making fitness accessible and affordable for the new-age Indian consumers, FITPASS subscribers can work out at any gym/fitness studio, anytime and can freely choose from a variety of available workout options - Gym Workouts, Yoga, Zumba, Pilates, Spinning, Kickboxing, Crossfit, <keyword id="6403489" type="ORGANIZATION" weightage="20" keywordseo="MMA">MMA</keyword> and many more. In addition, users can also consult their dedicated personal nutritionist and follow highly curated A.I. led coaching plans on the FITPASS app to achieve faster results. <div type="embedgroup"> <div type="Article" hostid="261" msid="59435985" title="You can expect a Flipkart employee to deliver your next package" rank="1.0" kind="RELATED" publishDate="Jul 04, 2017, 11:11 AM" mstype="2" mssubtype="0"></div></div>




<br /> The Indian fitness services market is estimated at $16.6 billion per annum by PwC and is the fastest growing services market at 25% per annum. <br />

Here's how this fitness startup got funded by Olympics gold medalist- Abhinav Bindra

<br /><br />Image Credits: <a href="https://totalshape.com" data-type="tilCustomLink">Total Shape</a><br />
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Fitness is hard for most people and more so for people with steady jobs and irregular schedules. While it is a dream to workout 5 days a week, people tend to give up on their gyms, sports or daily exercise just out of inconvenience of creating a habit and boredom.<br />
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If you’re someone who gets bored by the idea of exercising all day, there’s a solution for you.<br />
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<a href="http://www.businessinsider.in/one-in-four-indian-homes-receive-unwanted-gifts/articleshow/56101850.cms">ALSO READ: One in Four Indian Homes Receive Unwanted Gifts</a><br />
<br /> <keyword id="3084424" type="PERSON" weightage="20" keywordseo="Fitpass">FITPASS</keyword> is a fitness startup created to provide convenience in exercise. (Pun intended)<br />
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From giving you personalized recommendations on where and how to workout to selling merchandise on their app and website to enable more mobility, they’re trying to make fitness interesting for you.<br />
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Fitpass defines itself as a revolutionary monthly membership that gives users the freedom to work out when you want, where you want and how you want in just Rs 999.<br />
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<a href="http://www.businessinsider.in/my-first-airbnb-experience-in-india/articleshow/56083852.cms?format=slideshow">ALSO READ: My first Airbnb experience in India</a><br />
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Anyone can freely workout anywhere, anytime across 1250+ gyms and fitness studios in Delhi NCR. With its association with 1250+ gyms like Gold Gym, Snap Fitness, knock out etc which can provide more than 100000+ options with different types of workouts like yoga, dancing, gyming, aerobics, skating, Martial Arts etc.<br />
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So you can be assured, you can decide where to work out at the last moment possible.<br />
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<a href="http://www.businessinsider.in/exclusive-this-bangalore-school-is-south-asias-second-fully-solar-powered-school/articleshow/56084228.cms">ALSO READ: Exclusive: This Bangalore school is South Asia’s second </a><a href="http://www.businessinsider.in/exclusive-this-bangalore-school-is-south-asias-second-fully-solar-powered-school/articleshow/56084228.cms">fully solar</a><a href="http://www.businessinsider.in/exclusive-this-bangalore-school-is-south-asias-second-fully-solar-powered-school/articleshow/56084228.cms"> powered school<br />
</a><br /> Akshay Verma, Co-founder, Fitpass talked to Business Insider and shared that very soon, Indian traveling professionals can experience FITPASS in all major cities with no trouble, ‘After visible presence in Delhi and NCR, FITPASS is all set to expand its operations in the south market with Bangalore and after that Mumbai. We are going to enter <keyword id="6354321" type="CITY" weightage="20" keywordseo="Bengaluru">Bengaluru</keyword> by April 2017.’’<br />
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Exclusive: You can workout in different cities with FITPASS for Rs. 999 by 2017

The festive season has ended and now you are staring at your bloated self. The festival season threw your diet and fitness plans out of the window and you could not stop yourself from munching on festive treats, sweets and oily food.<br />
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If you could not even hit the gym because of late night parties, you will have to get back to your fitness regime ASAP.<br />
<br /> Sujetha Shetty, nutritionist at <keyword id="3056571" type="UNKNOWN" weightage="20" keywordseo="Gympik">Gympik</keyword>, which is an online fitness platform, said, “People let themselves lose and binge on sweets, foods with ghee and too much oil.”<br />
But, don’t worry, this is not the end of the world and you can shed those extra kilos and go back to your fitness regime.<br />
<br />
To begin with, go back to your nutritious diet.<br />
<br /> Akshay Verma, co-founder of <keyword id="3084424" type="UNKNOWN" weightage="20" keywordseo="Fitpass">Fitpass</keyword>, said, “Nutrition is an important part of staying fit. Introduce healthy options in your diet and eliminate fatty and sugary food. Quality control is just as important as portion control.”<br />
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Focus on eating healthy such as green veggies, fruits and lean meats.<br />
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“Give yourself some time to take those kilos off your body. To compensate for those extra weights, include more of fresh fruits and vegetables, lentils, fibres and fluids in your diet,” said Shetty.<br />
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But, you also need to focus on exercising.<br />
<br />
“Zumba is a great workout to lose some extra weight. Other workouts like spinning, crossfit and kickboxing also burn calories fast. A combination of different workouts is the best way to burn fat fast,” said Verma.<br />
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Shetty also suggested to start with walking or slow jogging.<br />
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“There is no concept of spot reduction when it comes to losing weight. So, find out what exercise suits you the best and get started,” she said.

These nutritionists tell you how to shed those extra kilos you’d put on while binging on festive treats

<p class="financial-disclaimer"><i>When you buy through our links, we may earn money from our affiliate partners. <a href="https://www.insider-inc.com/commerce-on-insider-inc/">Learn more.</a></i></p><p><a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored nofollow sponsored"></a></p><ul class="summary-list"><li><a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored nofollow sponsored">The Echelon EX5S</a> connected bike brings spin classes to your home for a price that's competitive with other brands like Peloton and NordicTrack.</li><li>Live classes and a substantial collection of on-demand courses are available in the Echelon Fit app, which also includes many non-bike workouts.</li><li>Other modes such as free ride and scenic views let you pedal to your heart's content if you want to feel like you're just hitting the road solo. </li><li>I tested the bike, and while I enjoyed the experience, I found many of the extra features on the top model superfluous.</li></ul>Table of Contents<p>Everything is going digital these days, including <a href="https://www.insider.com/work-from-home-workout" target="_blank" rel="noopener">your workouts</a>. Stationary bikes have changed drastically to accommodate the demands of modern <keyword id="18974" type="COMPANY" weightage="60" keywordseo="fitness">fitness</keyword> enthusiasts, replacing the clunky one-note analog bikes of old with <a href="https://www.businessinsider.com/best-exercise-bike" target="_blank" rel="noopener">multifaceted fitness machines</a> that offer far more than just pedaling in place. </p><p>NordicTrack and Peloton may be the current leading brands, but other companies are hot on their heels, looking for an opportunity to overtake the brand. One such brand, Echelon, is quickly becoming the Pepsi to their Coca-cola. To see if it stacks up to its stiff competition, I decided to take its bike and service for a spin. </p><h2><strong>The hardware</strong><a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored"><div type="image" title="Bike 4" height="900" width="1200" msid="76654386" hostid="261"></div></a></h2><p>Echelon sells four bikes, all of which provide what you'd need to participate in Echelon's app experiences, but the company adds refinements and features with each tier. All bikes have 32 levels of magnetic resistance, Bluetooth connectivity, and pedals with fully adjustable toe cages, but they're also SPD compatible (if you prefer more direct integration).</p><p>My test unit was the <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored nofollow sponsored">Connect EX5S</a>, the top-tier model that, apart from a few additions, is identical to the <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5bike-ex5" target="_blank" rel="nofollow noopener sponsored nofollow sponsored">EX5</a>. There are just a few components and adjustments that elevate the two bikes to a more pro-level status. Both have an updated handlebar with an aero bar for those who are used to that riding position. They're also fitted with two handlebar-mounted water bottle holders.</p><p>From here, the <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored nofollow sponsored">EX5S</a> adds a couple of refinements such as kick guards on the frame and convenient power ports on the front and back of the bike. Its main feature, however, is its 21.5-inch HD touchscreen, which takes the place of the standard smartphone mount found on other models. </p><h2>DIY setup</h2><p>From start to finish, assembly took me roughly an hour and a half, and all the tools and instructions were included in the packaging. For the most part, the illustrated instructions were clear enough for me to get through the process without too much head-scratching.</p><p>When put together, the Echelon bike is a hefty 124 pounds, but front-mounted wheels make positioning easy with a tilt, and it feels sturdy when planted. The frame itself feels equally robust and doesn't dominate available space too much, though the <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored">EX5S's</a> massive screen distorts that perception. Adjustments to the seat, handlebars, and ride height are easy to make and, with a little experimentation, it's easy to find your ideal ride position (even if you share the bike with someone else, too). </p><h2><strong>The software</strong><a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored"><div type="image" title="Bike 6" height="900" width="1200" msid="76654388" hostid="261"></div></a></h2><p>Once you have the <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored">Echelon bike</a> ready to go, it's hard to know where to start, especially with the many options the Echelon Fit app presents you. Luckily, there's a beginner playlist that's worth taking the time to run through, even if you're eager to pedal your heart out. The starter pack does a good job of walking riders through the fundamentals like proper seat and handlebar positioning, pedaling technique, and how to utilize the on-screen metrics effectively. </p><p>Those metrics are vital to the instruction riders receive from either the live ride sessions or one of the thousand classes in the on-demand library. Though you're spoiled for choice when it comes to the variety of class length, music, and intensity, each workout puts you in a virtual room with the instructor and a leaderboard of others in your session. Echelon has a decent enough rotation of trainers with diverse personalities, too, which keeps rides refreshing and you'll quickly find favorites.</p><p>Personally, I found I got the most out of instructors who guided me closely using the RPM (revolutions per minute) and resistance metrics. It's a system devised to work simultaneously for an untold number of participants with different levels of fitness, but it's easy to discern the effectiveness between instructors.</p><p>For instance, a highly technical coach has you chase specific numbers, and working to maintain it is as mentally engrossing as it is physically challenging. While doing these, before I knew it, I'd burned off a whopping 600 calories.   </p><p>A full schedule of live classes and a deep catalog of previously recorded ones should keep you plenty busy, but there are scenic rides to enjoy if you want more of an open-road feeling. There's also a freestyle ride mode if you're just looking to set your own pace, though this is oddly buried in the settings menu and not easily accessible.</p><p>Depending on your choice of membership, all the non-cycling workouts from FitPass are included in your menu, which further rounds out the <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored">Echelon bike</a> as a fitness station.</p><h2>The FitPass subscription</h2><p>Echelon offers subscriptions to its FitPass streaming service in a few different ways. Here's how it breaks down:</p><ul><li>Connect + Extra Mile: $39/month. This includes all Connect rides, as well as Extra Mile content consisting of Pilates, yoga, stretching, and others. </li><li>Connect Annual Plan + Extra Mile: $399.99/year.</li><li>Connect 2-Year Plan + Extra Mile: $599.99/year.</li><li>Flex Ride Plan: $19.99/month. This includes all live and on-demand Flex Rides. </li><li>Flex Ride Plan + Extra Mile: $24.99/month. </li><li>Flex Ride Annual Plan + Extra Mile: $239.99/year. </li><li>Extra Mile Plan: $12.99/month.</li></ul><h2><strong>The experience</strong></h2><p><a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored"><strong><div type="image" title="Bike 2" height="900" width="1200" msid="76654389" hostid="261"></div></strong></a></p><p>After a few weeks of testing, the <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored">Echelon EX5S</a> has endured the abuse of multiple hard-riding sessions. Even with that strain, I've only had to infrequently readjust my seat-and-pedal tightening. </p><p>During my time with the bike, I encountered a handful of connection issues between it and the app. At first, they were rare and easily sorted with the tried and true troubleshooting technique of turning things off and on again. After time, however, the instances became more frequent, with the bike not pairing or saying it <em>was</em> paired even though none of the metric gauges were budging. Having to pull a number of false starts just to get everything on the same page becomes a chore if you've been particularly consistent with your cardio routine. </p><p>A great deal of the experience is controlled through the resistance knob located underneath the handlebar. It does the job, but the empty, fly-by-wire feeling to the inputs makes it frustrating to use, particularly in the heat of an intense session. Am I a full twist from the next level or half twist? There's no way of knowing, and you frequently find yourself overshooting and overcorrecting while trying to stay on task. </p><p>Over a short period of time, I began to realize that the top-of-the-line <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored">Echelon Connect bike</a> wasn't for me. For one, the 21.5-inch centerpiece felt redundant. It's an enjoyable feature, to be sure. It helps immerse yourself in the class and makes it easy to follow a coach's movements, but in most cases, I found that I wasn't looking at more than the metric gauges. The large screen betrays the low quality of most of the scenic rides, too, and when on a free ride, it becomes a large black mirror that can't be ignored. </p><p>Simply dropping down to the <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5bike-ex5" target="_blank" rel="nofollow noopener sponsored">EX5</a> would be a simple solution, but I'd argue that there's even a case to fall back to the <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fwww.dickssportinggoods.com%2Fp%2Fechelon-ex3-connect-bike-20jvuuchlncnnctbkbks%2F20jvuuchlncnnctbkbksnctbkbks" target="_blank" rel="nofollow noopener sponsored">EX3</a>. Remember the aero bar? You don't need that either. It's meant to facilitate a specific streamlined riding position, so unless you use it in your own independent training or it's a personal preference, it doesn't come up in any of the sessions.</p><p>Having the bottle holders underneath the handlebars is a very worthwhile convenience, but it'll be up to you to decide if the $200 difference between having them is worth it or not.</p><h2><strong>The bottom line</strong></h2><p><a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored"><strong><div type="image" title="Bike 5" height="900" width="1200" msid="76654391" hostid="261"></div></strong></a></p><p>Those looking to take a ride on the virtual spin class craze can't do wrong with the Echelon Connect bike. The hardware feels solid enough to give users the confidence to give it their all when pedaling, be it from the seat pumping their hearts out or standing up to climb virtual hills. </p><p>An app jam-packed with a back catalog of classes gives riders plenty to keep busy, and a diverse array of class types, music themes, and a multitude of trainers prevent things from getting monotonous. Its resistance knob could do to provide more feedback when adjusting levels, which would help to integrate adjustments more smoothly during intense sessions.</p><p>Affordability varies, starting at $839.98 for the Connect <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex1bike-ex1" target="_blank" rel="nofollow noopener sponsored">EX-1 bike</a>, to our test unit, the $1,639.98 <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored">Connect EX-5S</a>. Each price includes one month of unlimited classes and Fitpass access. The 1-and-2 year membership plans cost more upfront, but save on the bottom line over time. Echelon offers other goodies in bundles like a heart rate monitor, shoes, and yoga mats, but those are extras, not requirements. </p><ul><li><strong>Should you buy it? </strong>If you want a more affordable connected bike than something like Peloton, then yes, it's worth considering. However, we think many people will be happy with the more affordable <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fwww.dickssportinggoods.com%2Fp%2Fechelon-ex3-connect-bike-20jvuuchlncnnctbkbks%2F20jvuuchlncnnctbkbksnctbkbks" target="_blank" rel="nofollow noopener sponsored">EX3</a> or <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5bike-ex5" target="_blank" rel="nofollow noopener sponsored nofollow sponsored">EX5</a> options, provided they don't want the big screen. Echelon's connected bike and fitness app delivers on the promise of an at-home spin class experience and there's enough provided with a membership to keep users going for a substantial amount of time. </li><li><strong>What are your alternatives? </strong>Peloton and <a href="https://www.businessinsider.com/nordictrack-commercial-s22i-studio-cycle-review" target="_blank" rel="noopener">NordicTrack</a> are clearly the bikes to beat. They've consistently been our benchmark for comparison for good reason. One of the main reasons you may prefer Echelon's bikes is that Peloton has one single all-in-one bike option, whereas Echelon has multiple options (as does NordicTrack). Though limited, there are at least some options for riders to find what suits them, both in terms of skill and price. Price-wise, Peloton's basic starter pack also costs more than <a href="https://go.skimresources.com?id=35871X943606&amp;xs=1&amp;url=https%3A%2F%2Fechelonfit.com%2Fproducts%2Fechelon-smart-connect-bike-ex5sike-ex5s" target="_blank" rel="nofollow noopener sponsored nofollow sponsored">Echelon's top-tier EX5S</a> bundle. </li></ul><p><strong>Pros: </strong>With a manageable price range and a lineup of bikes to choose from, Echelon delivers on a solid at-home spin class experience</p><p><strong>Cons: </strong>Lack of feedback from the resistance knob, connection issues between the app and bike start to become a frustrating part of the routine</p>

The Echelon EX5S is built to take on Peloton, and costs much less, but if you're after a budget-friendly exercise bike, there are better options

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The scrapping of currency notes of INR 1,000 and INR 500 has taken the nation by storm. The government assured that this would have a short-term impact, but the tremors of this upheaval could be felt throughout various sectors.<br />
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In the automobile sector, this move has had a huge impact on vehicle dealers who usually accept booking amounts in cash.<br />
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<a href="http://www.businessinsider.in/exclusive-you-can-workout-in-different-cities-with-fitpass-for-rs-999-by-2017/articleshow/56103229.cms">ALSO READ: Exclusive: You can workout in different cities with FITPASS for Rs. 999 by 2017</a><br />
<br /> While it was expected that this will effect largely the expensive cars. but now, a new report by <keyword id="6354972" type="PERSON" weightage="20" keywordseo="ICRA">ICRA</keyword> reveals that the two-wheeler industry is also at an equal loss. As per ICRA’s estimates, rural markets account for about 60- 65% of the entry segment motorcycle sales and given the high propensity for cash purchases in the rural markets, the entry segment of the motorcycles is expected to be a casualty.<br />
<br /> <keyword id="824043" type="COMPANY" weightage="20" keywordseo="Business-Insider">Business Insider</keyword> caught up with <keyword id="30126" type="PERSON" weightage="20" keywordseo="Amit-Jain">Amit Jain</keyword>, CEO, and Co-founder, <keyword id="1945738" type="UNKNOWN" weightage="20" keywordseo="Cardekho">Cardekho</keyword> to find out how the move has affected the business during the last quarter of this year.<br />
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<a href="http://www.businessinsider.in/one-in-four-indian-homes-receive-unwanted-gifts/articleshow/56101850.cms">ALSO READ: One in Four Indian Homes Receive Unwanted Gifts </a><br />
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‘’We saw a 40% dip as soon as demonization happened. Luxury car segment has seen a dip by 50-60% in sales. There has been a dip in the car search queries and used cars have taken a bigger hit than new cars’’ he says.<br />
<br /> Mr. <keyword id="6367260" type="PERSON" weightage="20" keywordseo="Jain">Jain</keyword> mentioned that he is happy with the move with overall developments that will be taken in the future but the sales have surely been affected this year with new cars being affected up to 20-30% in terms of sales. He believes that the main reason is down payment money is not available to customers for old or new cars as their reserves have been used to manage the situation.<br />
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<a href="http://www.businessinsider.in/my-first-airbnb-experience-in-india/articleshow/56083852.cms?format=slideshow">ALSO READ: My first Airbnb experience in India<br />
​</a><br />
Cardekho is still being affected as the traffic is 10% below the normal traffic compared to last year.<br />
<br />

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