Zoominfo acquires chorus.ai, Microsoft introduces Windows 365, & more

SaaS news this week (12th July- 18th July 2021): Zoominfo buys chorus.ai, Microsoft launches Windows 365, & more.
Zoominfo acquires chorus.ai, Microsoft introduces Windows 365, & more

Instamojo, Bangalore-based SaaS startup launched Northeast Launchpad; seeks entries from entrepreneurs

Instamojo, a fintech and a DIY e-commerce website SaaS product, recently introduced a B-Plan event, Northeast Launchpad for entrepreneurs based in India’s north east region.

Businesses will be given a platform to propose and present their business proposals to an industry panel. Aspirants who participate in this project will be exposed to mentors who can assist them, help them acquire funding, and help them accomplish their business goals quickly. The winner of this competition will win a cash prize of Rs. 10 Lakh and a chance to get into the AIC-SMUTBI incubation program. 

The last date to register for the event is August 5, 2021. Other important dates for the competition include: the top 10 being shortlisted on August 10; the East Social Star being announced on August 15; and the top 10 pitching their online business plans on August 21. Speaking about the program, one of the officials said

“If you were thinking about building your ecommerce venture or a food delivery venture, the event will help you realize your dreams.”

The competition will offer Rs. 50,000 grant in cash and up to Rs. 10 lakhs in benefits to the winner.

Microsoft introduces Windows 365, a subscription-based PC

Tech giant Microsoft today released Windows 365, a service that allows companies to simply allow their employees to access a Windows 10 desktop from the cloud (Windows 11 will be accessible once it is broadly released). Consider game streaming on your PC. On August 2, 2021, it will be available to business customers (and only business users).

“You can get the same work done on a laptop in a hotel room, a tablet from their car between appointments, or your desktop while you’re in the office,” Wangui McKelvey, General Manager, Microsoft 365, said in a blog post.

Zoominfo and Israel-US startup Chorus.ai join forces

ZoomInfo, a major player in contemporary go-to-market software, data, and intelligence, disclosed the purchase of Chorus.ai for $575, a pioneer in Conversation Intelligence with the most powerful technology in the business. 

This purchase has huge potential to boost ZoomInfo's TAM (total addressable market) to $70 billion and is projected to be immediately accretive to growth, create positive adjusted operating income within 12 months, and be cash flow accretive in the second half of FY 2022.

“With Chorus, the entire organization can make better decisions by surfacing insights and analytics that you would only get if you sat in on every sales or customer success call,” ZoomInfo CEO and founder Henry Schuck said in a blog post announcing the deal.

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