Listen: IT earnings beat estimates; Google invests $4.5 bn in Jio; Vedantu raises $100 mn

In the latest episode of TechThisWeek podcast from the TechCircle newsroom, our reporters discuss IT sector earnings released this week. Unlike TCS and Infosys, HCL Tech and Wipro beat street expectations and reported encouraging numbers. 

We have with us this week IT sector analyst Pareekh Jain of Pareekh Consulting to deep-dive into the sector trends. 

Also in this week’s podcast:

Google announces $4.5 billion (Rs 33,737 crore) investment in Jio Platforms from its $10 billion Indian Digitalisation Fund. 

Bengaluru headquartered edtech company Vedantu raises $100 million in a growth funding round, led by technology sector hedge fund Coatue Management, with participation from returning investors Tiger Global, Accel, GGV Capital, Omidyar Network and Legend Capital. 

RP-Sanjiv Goenka Group (RPSG) acquired a 51% stake in New Delhi-based news aggregating platform Editorji Technologies.