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Many other Indian-origin startups and businesses domiciled overseas, including Flipkart, Udaan and Meesho, are mulling similar ‘reverse flipping’.

The e-commerce platform appears to have put on a good show in FY26, outpacing itself on most fronts. However, the margins tell a different story, one that investors should pay close attention to.
While rivals lost users, India’s largest broker leaned on lending and derivatives to deliver strong growth.
The AI startup’s $100 million ARR claim does not quite add up even as Dream11—forced out of real-money gaming—prepares to take its massive user base into stockbroking.