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UVenture Business Solutions is a spin off from Aceicon Information Technology. Aceicon is an IT software and solutions company that was started way back in 2007.  Besides doing customized software development for its customers, Aceicon developed enterprise software products like Aceicon EPM and ERP. In the year 2015, UVenture was started with the sole goal of new product development and enhancement of existing products for Aceicon.

UVenture is now the products division of the Aceicon and focusses solely on development of new products and serving Aceicon's existing and new product customers.