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IT services company Wipro on Friday reported an 8% year-on-year (YoY) fall in consolidated net profit to Rs 2,835 crore for the quarter ended March 2024. It was Rs 3,074 crore in the last year quarter.
Uniqus Consultech raised $10M Series B funding, expanding to 8 cities with 350 professionals. Funding to enhance services, enter new markets, and invest in technology. ESG market growth drives firms towards sustainability and governance focus for client value.
The report stated that despite a funding slowdown and economic uncertainty, Indias tech startup ecosystem secured the fourth-highest funding globally.
Infosys on Thursday posted a 30% YoY growth in its consolidated net profit at Rs 7,969 crore for the quarter ended March 2024. The same was at Rs 6,128 crore in the same quarter of last year.
Swiggy merges Mall with Instamart, following Zepto's non-grocery sales success. Quick commerce attracts smaller D2C firms due to robust growth in non-grocery categories.