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Global funding winter seems to have pushed a slew of Indian unicorns to re-evaluate their domiciles.
While the payments company saw its first full year of profitability in FY26, the real progress will depend on whether it can continue to prove that it’s more than a POS company.
The 15-year-old company has bought one brand after another in the hope of growing fast. That plan has fallen flat on its face, but there’s no stopping Wingreens.
April data suggests the slide may be moderating, even as the UAE accelerates moves to derisk its future.