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Funding Roundup: LinguaNext; Chargebee; PriceBaba

LinguaNext Technologies, a company that has developed technology to convert business software into any local language has raised an undisclosed amount from Helion Ventures. The company which has offices in San Jose, US and Pune has institutions such as Reserve Bank of India, TCS, Wipro, State Bank of India, Punjab National Bank and German software maker SAP as clients. It will use the funds to expand its international operations, hire people and scale its mobile platform. Linguanext is working with leading mobile OEMs and mobile application providers to allow availability of applications and content in non-English languages. Internationally, the company is looking specifically at US and Japan as prospective markets. They provide localization solutions for products built on Oracle or SAP, apart from software for banks, HR, reports, mobile and even has an offering for cloud based software. Its technology can translate software to 18 Indian and 15 foreign languages, including Chinese, Japanese, Korean, Arabic and European. The company had strengthened its presence in India earlier by acquiring Image Point in 2010 for an undisclosed amount. * Chennai-based subscription billing service Chargebee has raised $800,000 from Accel Partners, reports TechCrunch. Launched in 2011 by a four member team (KP Saravanan, Krishnamoorthy Subramanian,Rajaraman Santhanam and Thiyagarajan T), Chargebee offers subscription billing and recurring billing solutions for online applications. Its solution can automate recurring billing, track the number of subscribers, manage trial periods and customer invoicing, send automated email notifications to customers on specific events like end of trial and subscription renewal among others, through these solutions. Chargebee had earlier…

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