Infosys sees tremendous growth opportunities in the post-pandemic era

Infosys expects to drive digital and technology-led transformation for its clients, with demand for such services forecast to remain strong even amid global business disruptions.

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Vedantu’s consolidated net loss widens to Rs 604.28 crore in FY21

The Tiger Global-backed startup’s employee benefit expenses increased by 4.6 times to Rs 407.4 crore in FY21 against Rs 88.3 crore in FY20, , according to filings sourced from business intelligence platform Tofler.

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Fintech firms want six-month extension from RBI; Ola’s EV sales slump

After another meeting on Thursday, the industry has decided to seek a six-month extension from the RBI. One fintech founder told us investors are “really spooked”.

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D2C oral beauty, wellness brand Perfora raises $1 million in funding led by Sauce

Perfora will use the funds to build its team, introduce a range of innovative oral care solutions, strengthen its brand positioning, and expand distribution.

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VC firm Fundamental VC launches maiden fund; target corpus of $130 million

The sector-agnostic fund will invest in pre-seed and seed rounds across consumer internet, healthcare, insurance, financial services, Software as a Service, gaming, and artificial intelligence, a senior executive told ET.

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Fintech firms want six-month extension to comply with new RBI mandate

“This is very critical as other RBI guidelines like the one on co-branding cards came in advance, giving time to companies to react. Monday’s note on non-bank prepaid payments instruments (PPIs) is effective immediately,” one of the people involved in the discussion said.

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Ola Electric’s scooter sales show signs of slowing down

The Softbank Group-backed company, which aims to produce 10 million scooters a year, had moved to the new payment model on May 28. Earlier, customers could only make part payments through four separate windows which opened on specific dates.

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