News Overview

Business Wire IndiaZenlayer, a leading-edge cloud services provider focused on improving real-time digital experiences in emerging markets, announces the closing of a supplemental round of financing today from MDI Ventures, the investment arm of Telkom, the largest telecommunications company in Indonesia. This C+ funding brings the entire Series-C financing round to $62 million.   “This strategic investment will fortify Zenlayer’s position as the edge cloud […]

Kuldeep Sharma indicated that his services shall not extend beyond February 17, 2022.

EBITDA was up 8% to Rs25.08cr as compared to Rs23.22cr in Q3 FY21.

Consolidated revenue from operations were at Rs551.9cr in Q3FY22 up by 24.6% yoy and 3.4% qoq. In constant currency, revenue growth was at 20.9% yoy and 3.7% qoq.

The rating on long-term bank loan facilities of the company has been reaffirmed at CRISIL AAA/Stable.

The current market cap of the company is Rs20,385cr.

EBITDA stood at Rs1,405cr in the latest quarter, contracting by 20% against Rs1,764cr in Q3FY20. EBITDA margin in the quarter was at 15.6%.

ECLGS funds helped borrowers to tide over the problem caused by the drying up of liquidity.

The new brand identity has been indigenously designed to symbolise KFintech’s transformation and evolution as a company with foundational tenets of trust, technology and thought leadership

International oil prices have surged considerably lately, reaching their highest levels over 7-years due to rising concerns over the global economic impact of new covid variant Omicron distress.