iWorld
Plug & play startup hops on Amazon Launchpad; expects 10,000 customers
MUMBAI: Oakter, a Noida based tech startup, has been chosen by Amazon Launchpad platform in India. Oakter will be amongst the select group companies for which its products will be showcased to millions of Amazon customers. The two-year old company designs and manufactures plug & play smart home products. The Launchpad is already available in the US, UK, China, Germany, France, and Mexico.
Oakter was chosen since its IOT based products are innovative, completely made in India and designed to solve the needs of Indian consumers. “We have been selling on Amazon for about six months and we have realized that Amazon is extremely careful with regard to customer experience. We also feel we were selected since our product has been receiving overwhelmingly positive response with regard to delight it provides to our customers,” said Oakter CEO Sishir Gupta.
The deal with Amazon will help Oakter to scale up their production, ensure timely deliveries, ensure product quality and customer experience. The tech company did not apply to get on board of the e-commerce giant but were approached by Amazon. “Amazon approached us and asked us if we would be interested. We said, hell yeah! It was very professional and structured process. It took us about three weeks to finalize everything. Amazon will help us reach more of its millions of customers. This is a moment of pride for us. The Amazon Launchpad Programme is a great opportunity for us to showcase our innovation,” asserted Gupta.
The Amazon Launchpad Programme is a globally distinctive program that showcases innovative products from startups to millions of Amazon customers across the globe. The Indian startups are given can reach out to 300 million users around the world and make a name for themselves. The main focus of this program is that it gives these startups a chance to launch their products on Amazon.
In this manner, these products and the respective companies get good exposure and this programme also acts as a powerful avenue for future opportunities. The program offers a streamlined onboarding experience, custom product pages, a comprehensive marketing package, and access to Amazon’s global fulfillment network, all geared toward helping startups successfully launch their innovations and share their stories. With Amazon Launchpad, startups can overcome many of the challenges associated with launching new products by using Amazon’s retail expertise and infrastructure to create awareness and drive sales.
“The deal is very timely for us, just at the time when we are ready to scale up and expand to large customer base, Launchapd has come to help us out. We hope to reach 10,000 customers in next 3 to 6 months,” added Gupta.
A year and a half ago, Amazon had introduced this Programme in U.S after which it was launched in other western countries. Amazon has recently launched the same in India. India is the seventh location around the world where amazon has introduced the Launchpad.
The store, which can be found on Amazon.in, features over 400 innovative products ranging across categories like wearable technology, health monitoring, food and beverages, educational toys, and others.
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.
