Thursday, 21 May 2026

Quarterly revenue rose modestly from Rs 284 Cr to Rs 308 Cr year-on-year, but profit nearly doubled — suggesting margin expansion rather than top-line acceleration, likely driven by the rail and bus segments where take rates are higher than flights.

Travel-focused credit card fintech Scapia closed a $63M round led by General Catalyst, with capital earmarked for brand investment and AI-led product initiatives rather than pure distribution expansion.

Air India has rolled out 30 AI tools across operations, claiming $12M in annual savings — a scale of internal AI deployment that goes well beyond pilots and into embedded operational tooling for a legacy carrier mid-transformation.