5151: Meesho’s Q4 losses shrink, revenue climbs; PB Fintech profit doubles in FY26; and GCCs zoom in India
About this episode
The episode discusses Meesho's reduced losses and revenue growth, PB Fintech's profit increase, and trends in India's GCC ecosystem and the SaaS sector.
In today’s Tech3 from Moneycontrol, Meesho sharply cuts losses as AI-led shopping grows, while its logistics arm Valmo sees shipment share decline to 50 percent. PB Fintech reports strong FY26 profit growth driven by health and term insurance. A Nasscom-Zinnov report shows India’s GCC ecosystem becoming more AI and product focused. And Freshworks announces 500 layoffs with an $8 million restructuring charge amid a broader SaaS sector reset.
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