Consumer internet-focused company Info Edge reported a 19% year-on-year decline in net sales revenue to Rs 256.1 crore, even as it recorded a drop in billing and income for Q2 FY21. The company’s CEO Hitesh Oberoi joins our reporters to discuss its performance and the reasons behind the decline.
The week also saw Mumbai-based venture debt and NBFC BlackSoil mark the first close of its maiden credit fund at $14.7 million. Its co-founder Ankur Bansal opens up about the firm’s plans to deploy the fund, which looks to raise a total of $47 million.
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