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Federal Soft Systems announces 16 tech products acquisition for USD 15 Million

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New Delhi [India], October 11 (ANI/SRV Media): Federal Soft Systems, a leader in People Resourcing & IT services has acquired multiple technology products for USD 15M to strengthen its position in IT Products.

FSS unveiled the range of products during an event at the Grand Ridge Hotel, Tirupati on Oct 1st.

Federal Soft Systems (FSS) has been working on various development products which are very useful in multiple aspects and across industries. Additionally, MD-NBMSME Prof Rajesh Sharma was present as the Chief Guest during the product launch of FSS. He stated that the organization will strivto promote the initiatives of FSS under the Make in India programs. Some of the initiatives to be worked upon are –

1. MyTalkingTree brings Artificial Intelligence right to school via three mantras of visual, aural and verbal interaction for revolutionizing the learning ability of students.

2. Magik Mat,an interactive activity-based gaming and learning medium for enhancing the holistic development of a child. Further, It helps to improve physical activities and also enhance and improve the mental ability of kids.

3. Interactive Drawing Board is an 18″x12″ size Interactive Board where the character drawn on it will interact with kids, making learning more interesting. It works on Bluetooth technology and can be connected to any Android device.

4. (https://sameboat.club) Sameboat, a social community platform works like building closed small communities made of fans and followers, who are loyal and share the same set of goals & emotions. Focused communities with a limited fan base can help in easy interaction and making new friends.

5. Trureason, an AI application that can act as a personal assistant to take calls on the user’s behalf when they are busy and also provide virtual numbers to prevent exposing the personal phone number.

6. (https://fssglobal.in) Sparkasap, a platform that enables all MSME’s to start or automate their businesses using the cheapest technology solutions. With Sparkasap you can start and run a company in less than $50.

7. (https://fssglobal.in) Rolloverstock, an eCommerce platform for buying and selling leftover stock items.

8. (https://artistrails.com) Artrails, revolutionizing the investing experience with options to invest in paintings from renowned artists. Discover paintingsand artists with the ARTrails mobile app.

9. (https://lockvies.com) Lockvies, a platform that helps in saving passwords easily and a platform to enable Voice passwords.

10. (https://fssglobal.in) Agump, a platform to generate and showcase advertisements using IoTconnected devices

11. (https://maids4u.online) Maids4uOnline, premier housekeeping supplier thatdelivers a bespoke, quality service designed to suit busy lifestyles.

12. (https://1hourdeveloper.com) 1hourdeveloper, a platform to find and recruit software developers for professional and Adhoc needs on an hourly basis

13. (https://whereismypocketmoney.com) Where is my pocketmoney, an app where parents can set goals and tasks in order to release their monthly pocketmoney

14. (https://subscrizy.com) Subscrizy – Tracking subscriptions, a platform that makes users never pay for an unwanted subscription again. Users can opt for a conciergeto cancel services on behalf of the user

15. (https://fssglobal.in) Coupounding – A plugin to copy all the offer coupon codes and autofill and remind users during the checkout process

16. (https://fssglobal.in) Rezumr: Applicant Tracking software allows organizations to easily manage the hiring process by maintaining a database of applicant and job information

Adding to the above, FSS kept an eye on more products under development such as Trureason, Sparkaspa, Lockvies, Agump, Goal-based pocket money, and Coupon codes to name some.

Participating in the event, Chairman of AP State Skill Development Corporation (APSSDC) Konduru Ajay Reddy stated that skills training will be acting as a vital bridge between academic and industry. To further support this, the Andhra Pradesh government will be establishing 25 skill colleges and one non-IT University and IT university in the state to hone skills for better employability and innovation. FSS has collaborated with AP Skill Development for recruiting 500 resources batch-wise.

Kishore Yedam, CEO Federal Soft Systems, said,”The acquisition puts a stake in the ground around FSS commitment to providing our customers with end-to-end technology products across the domains.”

Kishore K, Managing Director Federal Soft Systems, said,”We are excited to expand our product portfolio in the Asia and Global markets with enhanced product offerings that advance our objective to offer an effortless experience to our consumers and customers.”

Kalyan Krishna C, Director Federal Soft Systems, said,”FSS is also onboarded new Directors after acquiring as Hari Babu N, Rayala Satya, Naresh Kumar M.”

Total consideration for the transaction is approximately $15 million, subject to customary adjustments. The acquisition is anticipated to be completed in the third quarter, subject to customary closing conditions and necessary regulatory approvals.

To know more, visit – (http://federalsoftsystems.com) | (https://fssglobal.in)

This story is provided by SRV Media. ANI will not be responsible in any way for the content of this article. (ANI/SRV Media)

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(This story has not been edited by PRESS24 NEWS staff and is auto-generated from a syndicated feed.)

 

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Lakhimpur: Priyanka leads silent protest demanding removal of minister

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Congress leaders led by party general secretary Priyanka Gandhi Vadra staged a silent protest here on Monday demanding the dismissal of Union minister Ajay Mishra in connection with the Lakhimpur Kheri violence.


The minister’s son Ashish was arrested on Saturday by the Uttar Pradesh Police in connection with the October 3 violence in which eight people, including four farmers, were killed.





He was produced before a court late on Saturday night, which sent him to 14-day judicial custody.


Congressmen sat on a ‘maun vrat’ in front of the statue of Mahatma Gandhi, demanding the dismissal of the Union minister, a party spokesperson said.


Congress workers and leaders, including state president Ajay Kumar Lallu, Legislature Party leader Aradhana Mishra, leader in the Legislative Council Dipak Singh among others converged at the GPO park here and were later were joined by Priyanka Gandhi, the spokesperson said.


The party has demanded dismissal of the minister for ensuring a free and fair investigation in the case.


Addressing a rally in Varanasi on Sunday, Priyanka Gandhi had said, “Congress workers do not fear anyone even if you put them in jails or beat them up. We will continue to fight till the Union minister resigns. Our party has fought for the country’s Independence. No one can silence us.”

UP minister Siddharth Nath Singh, however, said the law will take its own course and will not be influenced by any kind of pressure.


Singh said if the Congress leaders want to sit on a ‘maun vrat’ or hold protests, it is their democratic right.


In an apparent jibe at Manmohan Singh, the UP government spokesperson said a prime minister had been on ‘maun vrat’ for 10 years.


Why were protests not held in Rajasthan and Chhattisgarh where atrocities were allegedly being committed against Dalits and farmers, Singh asked.

(Only the headline and picture of this report may have been reworked by the PRESS24 NEWS staff; the rest of the content is auto-generated from a syndicated feed.)

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PRESS24 NEWS has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

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David Card, Joshua D Angrist, Guido Imbens win 2021 Nobel for economics

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Three US-based economists have won the 2021 Nobel prize for economics for work on drawing conclusions from unintended experiments, or so-called “natural experiments.” The winners were David Card of the University of California at Berkeley; Joshua Angrist from the Massachusetts Institute of Technology; and Guido Imbens from Stanford University.


The Royal Swedish Academy of Scienes said the three have “completely reshaped empirical work in the economic sciences.”





The prize, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of this year’s crop of Nobels and sees the winners share a sum of 10 million Swedish crowns ($1.14 million).


($1 = 8.7275 Swedish crowns)

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PRESS24 NEWS has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

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As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

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Tesla to begin production at German Gigafactory by 2021 end: Elon Musk

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Speaking at the “Giga-Fest” county fair style event, Elon Musk has announced that Tesla Gigafactory in Germany will start rolling out first vehicles by the end of 2021. The Berlin Gigafactory is facing several lawsuits by environmental groups.


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