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[Funding alert] Accounting platform Vyapar raises $30 mn funding from WestBridge Capital, others

By Viestories
New Update
Vyapar
Vyapar

Business Accounting Software Vyapar has raised $30 million from WestBridge Capital, existing investors IndiaMart, India Quotient & Fortytwo.vc.

Business Accounting Software Vyapar was founded by Sumit Agarwal & Shubham Agarwal in 2016.

Vyapar is a FREE Business Accounting Software made for Indian Small Businessmen to deal with invoicing, inventory, accounting needs, and much more! The goal is to make a businessman’s daily routine less tiring and let them focus more on growing their business, less on paperwork.

"We are talking about improving the life of a segment that is the largest in our nation, i.e ‘Small Business Sector’ the heartbeat of our economy. One of the major aspect holding down the small and medium enterprise (SME) sector is that they hardly have any access to proper technology. Easing this situation will go a long way in nurturing and sustaining SMEs. To let India emerge as one of the brightest economic spots in the coming years, businesses should focus on ways to make cash rather than stuck up in counting cash. Vyapar basically helps them do business accounting easier with the modern digital way!" Sumit Agarwal, CEO, Vyapar said.

Their Mission is to help every business owner manage his accounting and finances hassle free, even if he does not have any prior accounting knowledge.

Vyapar
Vyapar Software

A Business Accounting App like Vyapar (available both as Android/Desktop App) most importantly sets up the business financial data at all times 100% accurately . It works offline, helping one use it without being connected to unreliable internet. Vyapar App paints the picture of what they own (assets), how much they owe (liabilities) and what are their business values (equity). It serves as a basis for proper planning of the business accounting activities.

Vyapar has been recognized by Indian Businessmen who have taken it up and made it a success as a result of which they are running towards 1 Million installs on the play store.

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HCLTech teams up with Google Cloud

HCLTech is a global technology company with over 218,000 employees in 60 countries. It offers top services in digital, engineering, cloud, and AI, supported by a wide range of technology products.

By Aryan Sharma
New Update
HCLTech teams up with Google Cloud

In order to give businesses complete security coverage to combat cyber threats, HCLTech, a top global technology company, established a partnership with Google Cloud Security to offer AI-driven Managed Detection and Response (MDR) solutions.

HCLTech's Fusion Platform and Google Cloud Security technologies will be used in the HCLTech UMDR (Universal Managed Detection and Response) solution to provide proactive threat detection and efficient threat response.

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For clients seeking flexibility and end-to-end capabilities that offer sophisticated detection and protection to complex environments, such as operational technology (OT), industrial control systems (ICS), hybrid cloud, IAM, end points, networks, and applications, HCLTech UMDR service offers a modular operating model. 

“We are committed to achieving superior security outcomes for clients through our rich and flexible solutions and Fusion security operations platform powered by Google Cloud. Our partnership with Google Cloud Security allows us to integrate their robust security automation capabilities with our extensive cybersecurity expertise built over the last 26 years,” said Amit Jain, Executive Vice President and Global Head of Cybersecurity, HCLTech. 

 

“As cyber threats become increasingly sophisticated and prevalent, organizations need robust solutions to help safeguard their operations,” said Magali Bohn, Director of Partners, Google Cloud Security. “Google Cloud’s advanced Security Operations suite and expertise combined with HCLTech’s extensive cybersecurity experience can help businesses to stay ahead of emerging risks.” 

About HCLTech

HCLTech is a global technology company with over 218,000 employees in 60 countries. It offers top services in digital, engineering, cloud, and AI, supported by a wide range of technology products. HCLTech works with clients in many industries, including finance, healthcare, manufacturing, telecom, retail, and public services, providing tailored solutions for each sector.

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Tags: HCLTech