Meesho's Q1 Show, Skyroot's New Era & More

Meesho narrowed losses in Q1 FY27 on strong revenue growth and improved unit economics. Skyroot became the first Indian private company to send its rocket into space, validating its Vikram-1 system. Swiggy's board approved a proposal to cap foreign ownership at 49.5% to qualify as an Indian owned and controlled company.