Eka Software acqui-hires tech startup Trxiea Platforms

Eka Software Solutions, the cloud-based software solutions provider for enterprises, has acqui-hired Bengaluru-based tech startup Trxiea Platforms and Solutions, which specialises in the banking and finance area. This acquisition expands…

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[Funding alert] Algorithmic ecommerce platform CommerceIQ closes $60M Series C round led by Insight Partners

Algorithmic platform CommerceIQ on Tuesday announced the closing of a $60 million Series C funding round. This round was led by Insight Partners, the venture capital and private equity firm…

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How managed services are becoming essential for optimising costs, performance, reliability and security

Developing and hosting applications and websites goes beyond simply writing and executing the code. From ensuring the appropriate infrastructure and servers for storage and database hosting to having the right…

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IIT-B scientist gets DCGI nod to launch algo-based COVID-19 testing tool

Bengaluru-based tech startup Algorithmic Biologics has received regulatory approvals to launch its COVID-19 testing method that can help scale up testing for the deadly virus infection at half the prevailing…

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Govt not to seek disclosure of flash sales from etailers; to act on consumer complaints

The Centre on Tuesday said it will not seek the disclosure of flash sales from ecommerce players to regulate the fraudulent sale of goods and services, but will take appropriate…

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What you need to know about the India launch of the slimmest smartphone of 2021

Chinese smartphone maker Xiaomi has launched the Mi 11 Lite in India with a starting price of Rs 21,999. Touted as the slimmest and lightest smartphone available in 2021, pre-bookings…

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How TREAD’s smart fitness bike promises fitness at home during the pandemic

Bengaluru-based connected fitness company, TREAD, which was recently acquired by Cult.fit launched its smart fitness bike for pre-orders earlier this month, starting with an investment of $10 million. The company…

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How the fintech industry will help India to achieve a $5T economy

Technology makes finance more efficient. Fintech or new-age technologies like blockchain are improving the transparency and speed of your dealings with a bank.As internet adoption improves and banking functions penetrate…

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