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Affle to acquire 8 pc stake in Indus OS for $2.86 million

3Jul By PriyankaNo Comments

ACQUISITION

Affle to acquire 8 pc stake in Indus OS for $2.86 million

San Francisco, 3rd July 2020: Mobile advertising company Affle said it will acquire 8 percent stake in smartphone operating system firm Indus OS. "Affle (India) Ltd through its subsidiaries announced the signing of a definitive agreement to acquire 8 percent ownership in OSLabs Pte Ltd, Singapore, (Indus OS). Indus OS operates India's largest independent indigenous app store, with key investment from Samsung Venture Investment Corporation," Affle said in a statement. According to a regulatory filing, Affle will pay USD 2.86 million or about Rs 21 crore to Indus OS for the stake. "We derive significant synergies with the Indus App Bazaar which, through its multi-lingual capabilities, deeply enhances our vernacular scale and the verticalisation strategy. "It strengthens Affle's p...

Google delays Android 11 Beta Launch Amid Protest in US

1Jun By AnkitaNo Comments

Tech

Google delays Android 11 Beta Launch Amid Protest in US

San Francisco, May 31, 2020: Google has apparently delayed the launch of the Android 11 Beta version as several US cities are currently under protests over the death of George Floyd in Minnesota. The tech giant earlier planned to showcase new features in Android 11 on June 3. "We are excited to tell you more about Android 11, but now is not the time to celebrate," tweeted Android''s developer account. "We are postponing the June 3rd event and beta release. We''ll be back with more on Android 11, soon," it added. Minnesota Governor Tim Walz has activated "full mobilization" of the National Guard after four straight nights of violent protests in the US state's biggest city of Minneapolis over the death of Floyd, an unarmed black man, in police custody. In New York, officials o...

India a Land of Software Developers: Microsoft official

14May By Press Trust of IndiaNo Comments

News

India a Land of Software Developers: Microsoft official

India has become a land of software developers with the country accounting for the third largest number of such professionals, a senior Microsoft official has said. Driven by immense opportunities that the Indian government's digitisation programme has offered and the fact that it opens up a new vista of more than a billion plus market inside the country, there is a new level of enthusiasm and confidence among the Indian developers community, said Narendra Bhandari, GM Developer Group in India, Microsoft. "The impact of these policy initiatives like demonetisation and GST, which is being rolled out soon, on software developers is that people who are building these applications are now thinking, how do I build these applications for a billion people, not for the twenty million people ...

11May By AdityaNo Comments

Tech

Microsoft Designs New Windows 10 Update

With its Windows 10 being used by a a record 500 million devices globally, IT giant Microsoft today announced an update of the operating system designed to set the stage for the next "wave of creativity." Announced during the ongoing annual developers conference Build 2017, Microsoft said the Windows 10 Fall Creators Update would be available later this year. "A new design system for the next wave of creativity across devices; experiences that move with you across Windows, iOS, and Android; Spotify, SAP Digital Boardroom are coming to the Windows Store; new tools that make Windows home for all developers; and the worlds first Windows Mixed Reality motion controllers no markers required," said Terry Myerson, executive vice president Windows and Devices Group. Unveiling a new creati...

Indus OS Raises Funds From JSW Ventures, VenturEast

29Mar By AnkitaNo Comments

FUNDING

Indus OS Raises Funds From JSW Ventures, VenturEast

Indus OS, a startup which has created a regional operating system, today said it has raised an undisclosed amount from new investors JSW Ventures and VenturEast in recently-concluded financing round. Omidyar Network, an existing investor, has also participated in the latest round. "The amount which has been raised will be used for product development and hiring new talent," Indus OS CEO & co-founder Rakesh Deshmukh told.

Microsoft Launches Dynamics 365 and AppSource in India

19Dec By PriyankaNo Comments

Tech

Microsoft Launches Dynamics 365 and AppSource in India

Microsoft Launches Dynamics 365 and AppSource in India and will be Available From Local Data center on App-based Subscription Model. Retail, BFSI & Manufacturing Enterprises are Using Microsoft Dynamics 365 to Power Their Digital Transformation. These services will be delivered to customers as Software-as-a-Service (Saas) from its datacenters in India. Dynamics 365 is a cloud-based suite of applications that integrates CRM and ERP capabilities to provide the full power of advanced data analytics, machine learning and intelligence to high growth, new age companies in India. Microsoft AppSource is the new destination for business users to find and try out line-of-business SaaS apps from Microsoft and its partners. Presently, AppSource contains more than 200 business SaaS apps, a...