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Issues of concern for the watchdog included so-called Egress charges – the costs that clients pay to switch their knowledge out of a cloud. It follows a examine by the telecoms watchdog Ofcom which “identified features that make it tougher for UK businesses to switch and use multiple cloud suppliers”. Jungle Ventures launches programme to take a position $2 million or above in seed capitalJungle Ventures invests in early- to growth-stage corporations in Southeast Asia and India. Its portfolio consists of Moglix, Livspace, Builder.ai and Atomberg among Indian startups.

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