In the News
There’s an old maxim in the backup world that “you can’t have too many copies of your data.” While that’s clearly an exaggeration, the sentiment is borne by bitter, real-world experience. And if the cost of storing a data set is a tiny fraction of what the data is worth, why not keep multiple copies just in case?
AHMEDABAD: Moglix, a Ratan Tata-backed B2B e-commerce platform, on Thursday announced its expansion to Ahmedabad and Mumbai to cater to the market of Western and Southern India. Currently, Moglix is headquartered in Singapore and is present in Noida, Gurgaon, Chennai and Pune. With these new additions, Moglix is further stepping-up their presence catering to industrial hubs in India, in line with their vision to transform the supply chain of the Indian manufacturing sector, founder Rahul Garg said
Trocafone, the online marketplace for used electronics, has raised $15 million in new financing to expand its reach beyond Brazil and Argentina into other emerging markets.
The company, which raised $7 million in a previous round of financing last year, said the new money came from Callfort, MIT Castor Ventures Fund, FJ Labs, Rocketship, Mercado Libre Fund and other undisclosed investors.
While digital storage demand continues to soar, the total budget for IT managers to provide digital storage resources to meet this demand are increasing little if at all. While the ever-decreasing price of storage capacity helps fill the need, storage hardware, particularly in data centers, continues to increase. What CIOs, information and IT managers really need are lower cost options for digital storage either on premise, or in the cloud. This article will look at some of recent options that promise to lower the cost of long term digital storage.
Savings app Qapital wants people to make more conscious decisions around their money. While to date that meant helping its users build up savings, now Qapital will help manage their day-to-day spending through a new checking account and debit card.
Moglix launched in 2015 as an online store for tools and construction supplies, but now it’s venturing into enterprise software with the launch of GreenGST to help Indian manufacturers become compliant with the country’s new tax codes. The Noida-headquartered startup announced today that it has raised a $12 million Series B, which it will use to develop its supply chain management technology and expand into more manufacturing hubs.
Fashion discovery and ecommerce portal Fynd has raised $500k from Silicon Valley-based Rocketship.vc. The capital is an extension of its Series A round which saw Venture Catalysts invest $500,000 in March, taking the entire amount of the round a little over $1 million.
Startup aims to make saving easier through tweets, Fitbit steps or check-ins...
Stocard, the world’s leading mobile loyalty wallet, just announced the closing of this year’s second financing round. While the size of the round has not been disclosed, it was reveiled by the Mannheim-based startup that the new investor is the Silicon Valley based venture capital fund Rocketship.vc...
Sometimes it’s a startup business, and not political power, that grows out of the barrel of a gun.At least, that’s the story behind Trocafone, a Brazilian startup that just raised $7 million for its services buying, refurbishing, and re-selling smartphones across Latin America. The company’s journey began with an armed robbery in Argentina.
If you’re sick of running out of paper checks and stamps or hassling with routing numbers to send zero-fee payments, you can bank on Checkbook...