Financial Daily from THE HINDU group of publications
Monday, Jan 21, 2002
Financial Daily from THE HINDU group of publications Monday, Jan 21, 2002 |
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Info-Tech
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Software Corporate - Outlook i-labs siblings bearing fruit V. Rishi Kumar
HYDERABAD, Jan. 20 ABOUT half a dozen siblings of i-labs Ltd, a software products and technology incubator addressing niche e-business, telecommunications and life sciences space, have begun to blossom and bear fruit. i-labs Ltd, promoted and founded by Mr C.Srinivas Raju, Director on board Satyam Computer Services Ltd, told Business Line "we have successfully incubated a few companies which have carved out a niche in certain specialised emerging business opportunities. We are now ready to showcase them.'' Xius India Ltd, based out of Hyderabad and incubated by Mr Raju, has carved out a niche in convergent billing and payment processing solutions. It is focussed on providing pre-paid payment applications and solutions to mobile and fixed telephony, banking, M-commerce and Internet applications market. Xius has also acquired a digital, convergent payment processing system, Upaid, from U-Paid Systems of France.
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