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Making India a better place to Transact

Posted by Raji M on April 21, 2017

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GoDaddy launch services in Hindi, Marathi and Tamil

Web hosting company GoDaddy on Thursday launched its products, services and support in Hindi, Marathi and Tamil, languages that together constitute 61% of India's internet traffic, in order to enable the vast number of small and medium businesses to go online in India. According to data from research firm Target Group Index, 73% of Indian small and medium businesses are located in tier-2 and tier-3 cities. A 2015 survey by RedShift Research and GoDaddy found that 63% of India's small businesses don't have their own website.

Tech Mahindra to Buy UK-based Digital Firm BIO Agency for £40 m

The IT arm of Mahindra Group, which is on an acquisition spree, had last month bought UKbased financial services firm Target Group in a deal valued at more than £112 million. In December, it had bought fabled Italian car design firm Pininfarina. BIO had a revenue of £12.5 million in FY16, up from £7.3 million in FY15. The UK company names Lloyds Banking Group, Western Union, Coca Cola, Selfridges, Easyjet, BBC and Microsoft among its major clients. -Source "Times Now"

Kalaari Capital backs up cloud security startup ParaBlu

Kalaari Capital, an early investor in online retail companies like Snapdeal and Myntra,invests ParaBlu as a part of its newly-launched seed and incubation programme -KStart.The VC firm has invested ₹3.4 crore in the startup, founded by former top executives at McAfee and Mindtree. The company provides intelligent cloud access security broker enabled cloud security solutions for enterprises helping them store business assets safely on the cloud. It is registered in the US with offices in Bengaluru, was founded in 2015. Kalaari plans to invest about $20 million as part of KStart in up to 40 startups over the next two years.

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Making India a better place to Transact

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