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SaaS platform Parablu raises over $ 1mn in a Pre-Series A led by Inflection Point Ventures

Parablu has raised a Pre-Series A round of more than $ 1mn led by Inflection Point Ventures, one of India’s largest angel investment platforms. The funds raised will be utilized primarily for sales & marketing, targeted towards expanding distribution channels and penetrating new markets in North America and to accelerate the engineering roadmap.

Parablu builds secure, enterprise-class data management solutions. The start-up has created a solution stack where Data Privacy is built-in, and have also forged an innovative and unique integration with Microsoft 365 and Google G-Suite that makes it easier and less expensive for enterprises to adopt their solutions.

Parablu has its headquarters based in California and has a fully owned subsidiary in India. They already have established distribution channels in India & the UAE. The start-up has begun penetrating the US market and is working on strengthening and setting up new distribution channels in the North American market.

Parablu graduated from Citrix Startup Accelerator in Feb 2015, got their first patent granted in March 2016, and just this month, got granted a second patent around their unique integration with Microsoft 365. 

 

Ankur Mittal, Co-Founder, Inflection Point Ventures says, “Data is the most important currency for companies irrespective of size. Data storage and management is an expensive affair when done in-house/offsite. Parablu provides a highly secure data management solution for companies across the globe, that is compliant with data privacy laws in different geographies. The rate at which digital transformation and customer data repositories are growing, Parablu is going to see an ever-increasing addressable market. The Company has a strong lead-generation and business development team in India, and with the fund raise, is poised to build out teams of similar strength in the US. Our strong network of CXOs globally will also generate a healthy pipeline for Parablu. We have received consistently great feedback from several of their customers, all of whom have increased their business with Parablu. During these times of work from home, the need for secure data management has grown exponentially. Parablu has won businesses from large conglomerates and displaced well-funded competitors. We look forward to being a part of Parablu’s next phase in their growth journey.”

Anand Prahlad, President & CEO, Parablu is a seasoned executive who previously ran worldwide Product Development for Commvault. He is also an author of several patents, and is intimately familiar with the storage & data-management space. Commenting on the fund raise, he says, “We couldn’t be more excited about the partnership with Inflection Point Ventures. Being an IPV-backed start-up is more than just about raising capital. IPV really understands our business. They have shown willingness to roll up their sleeves and help us in terms of real advisorship while connecting us with potential customers and channel partners. We’re looking forward to an exciting ride together as we continue to build and expand the business into new markets.”

 

Parablu’s leadership team comes with deep experience in Enterprise B2B software and with strong DNA in storage and security. Its founding team brings very strong product and sales skills and also have a deep understanding of the enterprise software market, both in the US and in India.

With increasing data privacy and compliance requirements, the demand for secure data management platforms is growing rapidly. With a $14 Bn market (and growing), start-ups and SMEs will need SaaS services like what Parablu is offering.

Bootstrapped, profitable mobile internet tech company AppyHigh grows users 10X; aims 1 billion users by 2026

Mobile internet technology company AppyHigh, which builds global products around the ‘digital hierarchy of needs’ of smartphone users, has gone from 5 million to 50 million Monthly Active Users (MAU) across its ecosystem of apps during the pandemic. AppyHigh’s universe of apps has garnered over 400mn downloads till date. The company has touched an annualised recurring revenue (ARR) of $11mn (INR 80 crore).  

 The bootstrapped and profitable Indian startup saw its MAUs spiral, with users increasingly meeting their everyday needs through mobile-first platforms for productivity and utility, entertainment, content discovery and creation since December 2019. The bulk of the demand has been noted from Bharat where users are either moving from personal computer to mobile-first or are completely skipping the personal computer stage in their digital journey.  

As per industry reports, Indians spent an average of 4.8 hours on mobile apps – the highest ever – in 2021. Indians are known to spend 90 per cent of all internet minutes through mobiles and the pandemic has further increased the dependency on phones to go about regular routines – be it work, personal or social life.  

The multi-product business, which intercepts across the digital hierarchy of needs, saw a notable increase in usage of mobile- first productivity and utility apps that fulfil fundamental digital needs. This can be attributed to the remote and hybrid work setup adopted by most companies across the globe. Here AppyHigh’s Scanner Go, a mobile -first document suite, achieved nearly 7 million MAUs, the highest in the industry for the segment.   

AppyHigh Co-founder Aneesh Rayancha said, “Over the next couple of months we will bring rapid innovation across our ecosystem of apps and sharpen our focus on user intimacy as we target the next 1 billion users by 2026. Building and scaling products that delight users around the world will remain the cornerstone of our growth journey.”  

While the technology firm primarily draws its users from India, foreign markets like the US, Brazil, Mexico, Indonesia, and the UK contribute a sizable 20 per cent to its business.  

AppyHigh Co-founder Venus Dhuria said, “There is tremendous market opportunity in creating product ecosystems that are intuitive to users, creators and app publishers’ needs. In our journey to serve a billion users, we are building products and infrastructure that encourages a more creative, collaborative and user-centric internet through the web 3.0, which will be rewarding for all stakeholders.” 

Creativity and design tools have been driving the maximum traction and active user volumes for AppyHigh. This is followed by content and browsing platforms, utility -oriented file and phone management apps.  

AppyHigh’s in-house AI-ML lab powers its products with cutting edge technology to enhance user experience across apps.  

The one-stop creator toolbox-Instore, enables creators to stay ahead with trending hashtags, caption suggestions, editing and download features. BrowserGo allows users to surf the internet at lightning-fast speed, while TV lens is a streaming guide that helps discover movies, shows and also avail of high-quality free content available on the internet. AppyHigh’s productivity and phone management apps portfolio include Scanner Go, AppLock Go, Share Karo India and Cleaner Go.  

Cigniti Enhances its 5G Assurance focus with Innovate5G Partnership

Cigniti Technologies, a global leader in independent quality engineering and software testing services, expands its portfolio of pioneering innovative digital assurance and experience solutions for next generation 5G technologies by forming a strategic partnership with Innovate5G.

 

As companies move to 5G, they are going to be challenged in optimizing for the plethora of possibilities that 5G has to offer and with that, customer expectations and demand for new services will increase at a rapid pace. So, whether it be enhanced video, telehealth, adaptive manufacturing, AR/VR, gaming, consumer IoT services, connected vehicles, to name just a few, the pivot to the 5G paradigm will be significant as will the manner in which these new solutions are rolled out.

 

Embracing this new horizon of transformation and realization of 5G networks – machine type communication (mMTC), enhanced mobile broadband (eMBB), ultra-reliable low-latency communication (URLLC) – creates the mandate for a new paradigm of digital assurance. Innovate5G’s in5Genius platform combined with Cigniti’s 5G Assurance capabilities, creates an end-to-end assurance model for organizations that are leveraging 5G as the backbone for their business and consumer applications, IoT, and edge computing.

 

Srikanth Chakkilam (CEO – Cigniti Technologies): “The promised benefits of 5G – high-speed networks, increased capacity and minimal latency – creates a new dimension for companies to exploit across business and consumer applications, as well as with IoT. But what comes will be new architectures supporting the intrinsic relationship between the applications/IoT devices and the network. Our partnership with Innovate5G, further enables Cigniti’s Digital Assurance services to best support our clients’ 5G initiatives with speed, reliability and predictability.”

 

Chris Stark (Founder/ CEO innovate 5G): “Our In5GGenius cloud platform allow enterprises to leverage the vast capabilities of the 5G bandwidth. Through this partnership with Cigniti we are now able to offer best in class enterprise grade quality engineering services to expedite the development and mainstream roll-out of the 5G centric digital experience.”

 

About Cigniti: Cigniti Technologies Limited (NSE: CIGNITITEC, BSE: 534758), global leader in providing IP-led, strategic digital assurance, software quality engineering, testing and consulting services, is headquartered in Hyderabad, India, with offices in USA, U.K., UAE, Australia, Czech Republic and Singapore. Leading global enterprises including Fortune 500 & Global 2000, trust us to accelerate their digital transformation, continuously expand their digital horizons and assure their digital next. We bring the power of AI into Agile and DevOps and offer digital services encompassing intelligent automation, big data analytics, cloud migration assurance, 5G Assurance, Customer experience assurance and much more. Our IP, next-gen quality engineering platform, BlueSwan helps assure digital next by predicting and preventing unanticipated application failures, thereby assisting our clients in accelerating their adoption of digital. 

 

About Innovate5G:  Innovate5G – in5Genius – platform meant for application developers to test their 5G applications in a secure and pressure-free environment, at their own pace. Whether it’s an idea for a gaming, industrial, or enterprise application, innovate5G is eliminating barriers for developers to test out their ideas – such as having to partner with a carrier or large OEM. We are working with universities and innovation zones to build 5G networks and developing a lab-sharing model in a similar vein to Airbnb. We design and build bespoke private CBRS LTE and 5G networks for enterprises. 

How the Internet is enabling businesses from Tier 3 cities to reach metros

The advent of the Internet has made the world a global village. There is thus some poetic justice to the fact that more and more villages are going global today with the help of internet connections. As the world moves towards holistic and integrated tech-lead lives, the promise of deeper internet penetration in India is an advantageous reality. It has enabled a greater bout of connectivity across regions, territories, and unstructured parts of the nation. The internet dispersion is strong and the infrastructure is rapidly building up which has enabled tier-2 and tier-3 cities to revolutionise their presence and become digital.

The impact of reliable and fast internet in tier-2 and tier-3 cities have made them more digitally literate and has helped establish their virtual holdings. The benefits that can be scavenged with a speedy internet connection are numerous, but one that takes the cake is entrepreneurship. It has provided home-grown entrepreneurs the ability to grow and evolve while addressing a wider set of niche, thus eventually making inroads with metro cities.

A recent study conducted by Instamojo highlighted that entrepreneurs, especially in tier-2 and tier-3 locations, are increasingly understanding the significance of having an online presence. These businesses are ready with agile, dynamic models that function in a hybrid online-offline environment and focus on a particular problem statement with distinctive solutions.

Not just limiting their interaction to https in the world of wide web, these budding enterprises are also expanding their presence on social media pages that facilitated e-commerce growth in other tier-2 and tier-3 cities. With accounts on social networking platforms like Instagram and Facebook, businesses are able to post real-time updates of their products, services and the reviews which helped create a regulated and revered audience and quicker customer interactions and acquisition.

The examples of unique business ventures that stem out of and are a clear indicator of technical growth in tier-2 and tier-3 cities in India are multifold. For instance, GenRobotics, a Trivandrum-based business made its first product—a robot called Bandicoot that automates manhole scavenging and eliminates manual involvement. A company called Inntot, based out of Cochin has an affordable way of digitizing analogue radio and is rendering services in India as well as in multiple international markets. Another interesting case study is of a Bhubaneshwar-based establishment named Milk Mantra where you can digitally buy milk along with other dairy products.

While these regions are big on innovation, they are big on spending too! Some research data suggests that smaller towns now account for 46 % of the Indian e-commerce sector, up from 32% in the fourth quarter of 2020. Furthermore, user consumption and expenditure on the internet has increased from 26% to 43% in these cities.

With these statistics, ISPs should aggressively expand into more and more tier-ii and tier-iii cities. These cities are currently the gold mine of ideas that have the potential to become the next popular start-up but the only piece missing from the puzzle is seamless interconnectivity.

As we go online and look for opportunities, we shall also strive to provide them for small businesses from small towns and cities. 

RMail Humanizes E-Security in RPost’s Year-End Update

Now, Empower Your Email, Protect from Mental Mishaps, and Control Your Content Lifecycle All-in-One with RMail

Building on RMail’s traditional features, designed to empower your email all in one app – to track, prove, and certify email opening and delivery, encrypt for easy-to-use privacy and compliance, share large files securely, send for recipient e-signature, and protect against the most sophisticated business email compromise impostor attacks – this major release of RMail delves into solving today’s most challenging e-security issues related to human behavior.

 

“Continued innovation by cybercriminals in hatching new malicious attacks demands multi-layered email security to protect people and organizations. We are pleased to see RPost infusing new artificial intelligence protections into its RMail email security product. RPost’s five new unique approaches mitigate the risk of human error and assure security and privacy compliance while offering an elegant user experience,” states Michael Sampson, Senior Analyst at Osterman Research, one of the world’s leading e-security and messaging technology analysts.

Some of the most popular new features reported by RMail business users include:

 1. Protection from Mental Mishaps.

In polls conducted recently in RPost webinars for both Florida Bar lawyers and insurance agents, one third of lawyers and two thirds of insurance agents indicated that, after sending an email, they wished it had been sent encrypted (securely).

RMail Recommends™ AI-infused data leak protection solves this problem of having e-security technology that users forget to use. RMail Recommends runs inside the Microsoft Outlook user interface and uses advanced AI to detect in-the-moment of sending email, whether or not the sender should be applying extra protections for that message, and if so, recommending which to apply (i.e., encrypt, track, prove) and then sending in that manner. Because this happens in the sender’s normal email interface, as an added benefit to IT and compliance staff, it automatically sensitizes (trains) end users of their need to treat certain messages differently; and for example, encrypting if so.

In that same poll, when asked whether users had mis-addressed important email (sent to the wrong person accidentally), three quarters of insurance agents and two thirds of lawyers admitted having fallen prey to this mishap.

RMail’s Right Recipient™ data shield AI alerts the sender when RMail determines that he or she is about to send sensitive information to a recipient who he or she has not sent sensitive information in the recent past – so the sender can re-verify that they addressed the email to the proper recipient. RMail learns over time, auto-adapting to user behavior, and in combination with other RMail services, can also remind the user to additionally send that message encrypted, for e-signature, or as a Registered Email™ message after the user re-verifies the intended recipient addresses are correct.

“With more critical information being sent by email today, more time pressures in business, and more distractions with a hybrid work environment, more human mistakes are made,” adds Volker Sommerfeld from Frama AG Switzerland, a global RPost service provider. “Sending to wrong recipients is an increasing threat as common email clients suggest email addresses automatically and senders often do not verify them. RMail’s new Right Recipient™ address verifier really gets it right, providing the extra security in a user-elegant manner.”

2. Control Your Content Lifecycle.

 Furthermore, two-thirds of insurance agents and half of lawyer poll respondents reported that they have been concerned after seeing their sensitive email content come back to them in a reply email thread.

The problem, as explained, is that they sent a message encrypted only to be surprised when the recipient simply replies with a “Thanks! Got it” message — not thinking that their (presumably) unencrypted reply contained personal or financial information in the email thread. And even worse, to save them time, emailers often keep going to the prior email and re-replying to it with each reply re-exposing the sensitive information.

This RMail update now includes email content controls, which make it seamless for a sender to make certain information in a message that they send disappear after it has been read or received at the recipient.

RMail’s new Disappearing Ink™ and Redact+™ features protect the email thread by automatically extracting parts of a message and applying sender-designated email content controls to those message parts after sending, after reading, or while at the recipient.

RMail’s new Registered Encryption™ feature provides the sender visibility around whether the sent email was in fact delivered encrypted from the sender’s desktop to the recipient’s inbox. It can record whether the email was sent to remain encrypted inside the recipient’s inbox while the message is at rest; and can prove if needed – with an auditable and authenticatable record – that the sender did transmit specific content in their message end-to-end encrypted. This provides not only sender assurance, confidence, and peace-of-mind, but it also provides compliance staff audit-ready proof of compliance and IT staff early warnings if a server somewhere in the email path is misconfigured from a security perspective.

“These and other newly released RMail features are designed to help companies mitigate the risk of human error, which opens up a vector for criminals to bring on ransomware, wire transfer fraud and other problems, imposing their sophisticated chaos on today’s businesses,” adds RPost CEO, Zafar Khan. “And best of all, we’ve made it instant and easy to install RMail in your main email programs.” Click here to download the free RMail for Outlook app which includes these features.

About RPost

A global leader in e-signatures and cybersecurity, RPost has been specializing in email encryption for privacy and compliance, e-signatures, legal e-delivery proof, rights management, and AI-infused services to prevent data leaks and human e-security errors. Millions of users have enjoyed RPost’s patented RMail e-security, RSign e-signature, and Registered Email™ platforms since 2000. Our customers include some of the world’s most respected brands across industry and geography. Learn more at RPost.

VSPL Introduces UI/UX Design Services

In addition to catering to the demands of custom VoIP and telephony solutions, VSPL has announced its UI/UX design services. In the current market, customer experience and brand identity plays an important role in drawing in new prospects while retaining existing customers. Hence, visuals have become an integral part of every client-facing point of contact such as websites, social media posts, application interface, promotional flyers, logo design, etc. UI/UX designs is all about creating user-friendly layouts and designs that are aesthetically pleasing yet functional.

Observing the current gap in customer’s demands and existing solutions available in the market, VSPL’s UI/UX design services can be availed by the end-users for their own usage. The UI/UX design service has applications in multiple industries and can be leveraged by individuals or brands looking for improving customer experience on the digital front. Under the umbrella of UI/UX design services, businesses can choose any of the following design specialties as per their design requirement.

    Frontend Design and Development Website wireframe and Development Graphic and Visual Design

    • Logo Design Graphic Design Brochure Design Image Touch Up Business Card Design

On the news of UI/UX design service launch, Mr. Bhaskar Metikel, the CEO of Vindaloo Softtech Pvt. Ltd., made the following statement.

“To thrive online and compete in this cut-throat competition, brands and businesses need to put their best foot forward everytime. One of the first things someone registers about the brand is how visuals make them feel. Right from visuals, colors, shapes, site navigation (for website) to even your logo leaves an impression on your prospective customers. VSPL launches UI/UX design services to help your business achieve the same.”

VSPL claims to have some of the best UX/UI designers with multiple industry experiences and years of experience under their belt. No matter how complex the design brief, the experts understand the requirements and create a prototype in the shortest turnaround time. As per the details discussed in the Press Release, the process for availing the services is as simple as filling out a design brief, providing any references or samples, and getting on a call to explain the requirements. In minimum interactions, the final design will be delivered to the client.

Some of the benefits and prepositions of their UI/UX design services:

Benefits:

    Scalable Designs Custom Dashboard design Cutting edge technologies and softwares 24/7 customer support Targeted Conceptualization Feature-rich Ecommerce Site Design Image Retouch and Upscaling services

About the VSPL

Vindaloo is a trusted company rendering top-notch VoIP solutions and services worldwide and has recently ventured into UI/UX design. Operated from Ahmedabad, Gujarat, the company is also specialized in rendering other services such as Mobile App Development, FreeSWITCH Development, Opensips Development, Asterisk Development, Custom CRM Development, Digital Marketing Services, and more.