Lenskart unlocks ‘compounding’ development section; Meet the ladies within the sciences

Howdy,

India’s IPO season stays as strong as ever, with two firms within the highlight this time: Aye Finance and Fractal Analytics. 

Aye Finance Ltd.’s Rs 1,010 crore IPO attracted bids exceeding the problem dimension in worth phrases, even because the share sale was subscribed 97% based mostly on complete shares bid on the ultimate day on Wednesday. 

Certified institutional consumers (QIBs) led the demand, whose portion was subscribed 1.5 occasions.

In the meantime, Fractal Analytics additionally closed the ultimate day of bidding for its $314 million providing totally subscribed. 

QIBs led the subscriptions right here too, bidding for two occasions the variety of shares provided, whereas the parts allotted for retail and non-institutional traders have been subscribed 77% and 45%, respectively.

In the meantime, the rift between Bitcoin and shares grows, with the cryptocurrency declining whereas US equities rallied after a stronger-than-anticipated US jobs report.

The truth is, Coinbase International CEO Brian Armstrong, whose fortune has dropped by greater than half since July, is not among the many world’s 500 richest folks amid tumbling crypto costs, in accordance with a Bloomberg report.

Transferring on, is fibre the brand new protein? From TikTok “fibermaxxing” tutorials to fibre-enriched bars and sodas, business specialists have predicted high-fibre meals shall be a serious development this yr.  

In as we speak’s publication, we are going to discuss 

• Lenskart unlocks ‘compounding’ development section
• Meet the ladies within the sciences
• AI to drive innovation: Research

Right here’s your trivia for as we speak: How did IPA beer get its identify?

Retail

Lenskart unlocks ‘compounding’ development section

Omnichannel eyewear retailer Lenskart reported a 70% leap in internet revenue in Q3 FY26 and a sturdy 38% surge in topline, helped by a robust traction from its worldwide enterprise and excessive quantity development.

The corporate’s newest world wager has proven buoyant outcomes, with income from its worldwide operations rising 40% to Rs 936 crore. This section, which turned worthwhile final quarter, clocked Rs 32.5 crore in revenue in Q3.

Key takeaways:

• The NCR-based firm clocked an working income of Rs 2,307.7 crore and noticed its revenue enhance to Rs 132.7 crore.
• The quarter additionally witnessed the corporate’s current investments in AI yield outcomes, with EBITDA margin increasing by 550 foundation factors, crossing the 20% threshold for the primary time.
• Lenskart added 169 shops. It clocked its document excessive same-store gross sales development of 28%, owing to excessive quantity and repeat purchases from Gold prospects.

Funding Alert

Startup: Showroom B2B

Quantity: $17M

Spherical: Collection A

Startup: Care.fi

Quantity: $8M

Spherical: Collection A

Startup: Nester

Quantity: Rs 19 Cr

Spherical: Pre-Collection A

Inspiration

Meet the ladies within the sciences

Noticed yearly on February 11, the Worldwide Day of Girls and Women in Science is a reminder of each progress and chronic gaps in scientific illustration. In India, girls proceed to contribute to a number of the most consequential areas of analysis—public well being, local weather change, house exploration and power transition—whereas navigating institutional and structural limitations. 

Meet these Indian girls scientists whose disciplinary excellence and analysis have formed public techniques and long-term outcomes. 

Girls-led change:

• Gagandeep Kang’s identify has turn out to be a worldwide science shorthand for baby well being analysis and vaccine influence. In 2019, she turned the primary Indian girl working in India to be elected a Fellow of the Royal Society.
• Ritu Karidhal Srivastava is one in every of India’s most revered house scientists. Karidhal joined the ISRO in 1997 and performed a key position as Deputy Operations Director for the Mars Orbiter Mission.
• Aditi Pant turned one of many first Indian girls to set foot on Antarctica in 1983, the place she performed oceanographic analysis beneath the Indian Antarctic Programme and helped lay the inspiration for India’s first analysis base at Dakshin Gangotri.

GCC

AI to drive innovation: Research

GCCs in India are actually in a gentle state of transformation. Over 70% of them are actively investing in AI and GenAI to maintain their innovation engine in prime gear, in accordance with a examine performed by NTT Information and The Mainstream.

India is already residence to round 1,900 GCCs using two million professionals, accounting for 17% of the whole world market. The examine estimates that this quantity may attain 2,500 by 2030, and the worker energy will develop to 4.5 million. The market dimension is anticipated to rise from the present stage of $65 billion to $110 billion by 2030.

Information & updates

• Minerals: The world’s largest nickel mine in Indonesia has been informed to slash output, as authorities step up efforts to spice up world costs of the battery metallic. PT Weda Bay Nickel has been notified that it’ll obtain 12 million tonnes of ore manufacturing quota this yr, down from 42 million tonnes in 2025.
• Revision: India plans to revise the bottom yr of key financial indicators, together with CPI, GDP, and industrial output, each three to 5 years to raised seize structural modifications within the financial system. The federal government is updating the bottom yr for CPI information after greater than a decade. The brand new collection, based mostly on the 2023/24 Family Consumption Expenditure Survey, is because of be launched on Thursday.
• AI push: French AI startup Mistral will make investments $1.43 billion into digital infrastructure in Sweden, together with AI information centres. The announcement comes as Europe scrambles to construct out the infrastructure wanted to energy quickly creating AI instruments, because it seeks to construct tech sovereignty amid rising geopolitical tensions.

How did IPA beer get its identify?

Reply: India Pale Ale (IPA) received its identify as a result of it was a method of pale ale particularly brewed in 18th-century Britain for export to India.

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