Dubai-based Qlub, which offers contactless payment services to restaurants, raised $30M co-led by Shorooq and Cherry Ventures, taking its total funding to $72M (Nicolas Parasie/Bloomberg)

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— In an interview with Moneycontrol, TCS CEO K Krithivasan described the decision as one of the toughest he has faced, calling it a necessary step to build a stronger, future-ready company.

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Dubai-based Qlub, which offers contactless payment services to restaurants, raised $30M co-led by Shorooq and Cherry Ventures, taking its total funding to $72M (Nicolas Parasie/Bloomberg)

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