5269: TCS buys Porsche’s IT unit for €320 million; A91’s Atomberg and Sedemac bets pay off; and Amazon, Flipkart hike seller fees
In today’s Tech3 from Moneycontrol, TCS acquires Porsche’s IT and management consulting arm MHP for €320 million and signs a €1.25 billion strategic partnership with the automaker. We look at how A91 Partners is sitting on big gains from its bets on Atomberg and Sedemac, while Amazon and Flipkart change seller fees ahead of the festive season. Plus, Third Wave Coffee raises Rs 408 crore led by WestBridge Capital as it plans to expand its cafe network across India.
The skinny
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