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Regular-article-logo Wednesday, 04 June 2025

DSQWORLD SEEKS ALLIES FOR UPDATE 

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FROM OUR CORRESPONDENT Published 23.07.00, 12:00 AM
Mumbai,July23 :    Mumbai,July23:  DSQworld.com Ltd, a start-up promoted by Dinesh Dalmia, is planning to rope in strategic investors to fund Rs 250 crore expansion project of the company. This would finance its core business as application service provider (ASP) and internet service provider (ISP). Speaking to The Telegraph, C Mohan Ram, chief operating officer of DSQworld.com Ltd, said that while the present equity capital of the company stood at Rs 25 crore with most of it being brought by the Dalmias, it would be expanded to Rs 100 crore in association with certain 'strategic investors'. Apart from this amount, another Rs 150 crore is scheduled to be brought in as a combination of debt and venture capital funds. DSQworld, which is positioning itself as a 'one-stop IT solution provider', is planning to offer an entire gamut of services such as ASP, portals and ISP. The ISP service, according to officials, would be categorised into consumer ISP, corporate ISP and corporate network services. The company today tied up with Philips Speech Processing to develop a voice portal service. For the first time this service will be available in India. The user will have to call a single number to access information like news, weather, sports results, horoscopes.    
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