iWorld
Currently hits 1 lakh users as India goes all in on real-time social
MUMBAI: If social media has become a highlights reel, Currently is dragging India back into the moment. The country’s first real-time, activity-sharing social app has officially crossed 1,00,000 active users and 2,50,000 plus downloads, marking a breakout moment for a platform built on unfiltered, right-now connections. Cutting through the world of algorithms, filters and entertainment-led feeds, Currently shows users exactly what others are doing this second creating spontaneous interactions through camera-only, real-time moments that feel closer to life than any curated timeline.
Founder Mitesh Shethwala calls this proof of a shifting social appetite, “Crossing 1 lakh active users is not just a number, it’s proof that India is ready for a social app that actually makes people meet again. We are building India’s real-time people graph.” And the numbers underline that momentum. Currently logs 12,000 plus moments daily, with users sharing one moment every seven seconds, and 10,000 plus people visible live on the map every minute. Importantly, this surge wasn’t fuelled by paid pushes instead, the growth is powered by pure network effects, with “people inviting people” driving adoption across cities.
With its milestone user base in place, the app is now moving into an accelerated expansion phase, rolling out city-level launches in metros, Business Pages, QR check-ins, gamified features, creator rewards, and an AI-driven C-Rank visibility engine. Premium features and ad-backed monetisation are also on the roadmap as Currently positions itself as a new social layer built around immediacy rather than performance.
As India’s digital habits evolve, Currently seems to have tapped into a simple truth: the most compelling content isn’t polished, it’s present. And the country’s growing “now graph” might just be the start of a very real future for social media.
Gaming
Bluestone FY26 revenue rises to Rs 2,436 crore, turns profitable
Q4 profit at Rs 31 crore, full-year profit at Rs 13 crore vs loss last year.
MUMBAI: From sparkle to numbers, Bluestone seems to be polishing more than just jewellery this year. Bluestone Jewellery and Lifestyle Limited reported a sharp turnaround in FY26, with revenue from operations rising to Rs 2,436 crore (Rs 24,364 million), up from Rs 1,770 crore (Rs 17,700 million) in FY25. The company posted a full-year profit of Rs 13 crore (Rs 131.79 million), a significant recovery from a loss of Rs 222 crore (Rs 2,218 million) a year ago.
Total income for the year stood at Rs 2,486 crore (Rs 24,860 million), compared to Rs 1,830 crore (Rs 18,300 million) in the previous year, reflecting both topline growth and improved operational momentum.
The March quarter, however, told a more nuanced story. Revenue from operations came in at Rs 681 crore (Rs 6,814 million), down from Rs 748 crore (Rs 7,486 million) in the year-ago period, though higher than Rs 461 crore (Rs 4,613 million) in the preceding December quarter. Net profit for Q4 stood at Rs 31 crore (Rs 311.81 million), compared to Rs 68 crore (Rs 688 million) a year earlier, but a clear reversal from a loss of Rs 51 crore (Rs 512 million) in Q3.
Margins were shaped by higher input costs, with raw material consumption rising to Rs 2,204 crore (Rs 22,043 million) for the full year, alongside employee benefit expenses of Rs 282 crore (Rs 2,824 million) and finance costs of Rs 210 crore (Rs 2,104 million). Other expenses came in at Rs 371 crore (Rs 3,715 million), slightly lower than Rs 393 crore (Rs 3,938 million) in FY25.
On the balance sheet front, total assets expanded to Rs 4,961 crore (Rs 49,610 million) as of March 31, 2026, from Rs 3,532 crore (Rs 35,322 million) a year earlier, driven largely by a surge in inventories to Rs 2,672 crore (Rs 26,718 million). Equity also strengthened to Rs 1,803 crore (Rs 18,030 million), nearly doubling from Rs 911 crore (Rs 9,107 million).
Cash flows reflected the cost of growth. Net cash used in operating activities stood at Rs 199 crore (Rs 1,990 million), while investing activities saw an outflow of Rs 239 crore (Rs 2,392 million). Financing activities, however, generated Rs 497 crore (Rs 4,971 million), helping the company end the year with cash and cash equivalents of Rs 108 crore (Rs 1,075 million), up from Rs 49 crore (Rs 487 million).
Earnings per share for FY26 came in at Rs 1.10, a sharp improvement from a negative Rs 79.74 in FY25, underlining the shift from losses to profitability.
With revenue scaling up, costs still glittering on the higher side, and profitability finally back in the black, BlueStone’s FY26 performance suggests a business mid-transition less about shine alone, and more about sustaining it.
