Thursday, August 31, 2023

IT sector drives strong PE interest; Dunzo delays June-July pay yet again

Data shows the number of private equity (PE) firms holding stakes in Indian IT services companies has doubled between 2019 and 2022 as investors eye safe bets, and such companies have demonstrated a tried-and-tested business model and profitability. This and more in today’s ETtech Morning Dispatch.

from Tech-Economic Times https://ift.tt/yi3dtXO

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Schools reach out to Canvas hackers as breach hits US classrooms

A cybercriminal group, ShinyHunters, stole vast amounts of student data from the educational platform Canvas. Some affected schools and uni...