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NetXcell raises $1 m

HYDERABAD: The Hyderabad-based NetXcell, a B2B company in the telecom application services space, has announced that it had raised $1 million in its first round of venture capital funding. At a press conference here on Friday, Executive Chairman, NetXcell, Dayakar Puskoor, said two offices — in Dallas and Seattle — would shortly be opened, in addition to a data centre in Dallas. — Special Correspondent

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