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At $1.2bn, Juspay first unicorn of the year

contact@dailyupdatesindia.com4 weeks ago02 mins

MUMBAI: Payments infrastructure startup Juspay has raised $50 million in funding from new investor WestBridge Capital at a valuation of $1.2 billion, becoming the first unicorn of the year.The investment includes a mix of primary and secondary transactions, the company said in a statement on Friday. In a secondary deal, a firm’s shares change hands…

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LTIMindtree revenue rises 6.1% to $1.2bn

contact@dailyupdatesindia.com1 month ago01 mins

BENGALURU: LTIMindtree reported revenue of $1.2 billion for the Dec quarter, up 2.4% sequentially and 6.1% year-on-year. In constant currency terms, the company posted a 2.4% QoQ growth and a 5.2% increase YoY. The company’s operating margin rose to 16.1% in the Dec quarter, up from 15.9% in the Sept quarter and 13.8% in the…

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Iran ‘one week’ from bomb-grade uranium? Protests flare again in Tehran – top developments

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