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Global funding winter seems to have pushed a slew of Indian unicorns to re-evaluate their domiciles.
April data suggests the slide may be moderating, even as the UAE accelerates moves to derisk its future.
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.