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(Reuters) - In India's IT services outsourcing sector, local start-ups, often backed by U.S. venture capital funds, are nipping at the heels of industry heavyweights such as Tata Consultancy Services Ltd and Infosys Ltd.

These nimble start-ups, most of them based in Bangalore, offer niche cutting-edge technology products, solutions and services that traditional outsourcing companies don't offer, or can't offer at competitive rates.

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To read the original article: New tech, venture capital feed gold-rush among India's IT start-ups | Reuters