4849: Dhan becomes a unicorn; what to watch in Indian IT’s Q2-FY26 results; PhonePe’s subsidiary revenues double in FY25 ahead of its IPO; and Flipkart scores big from its fashion bet.

In today’s Tech3 from Moneycontrol, we deep dive into the newly minted unicorn Dhan that landed a mega $120 million round; We discuss what to expect from Indian IT firms in the upcoming Q2-FY26 earnings season, explore how PhonePe’s diversification strategy is gaining traction, and look at Flipkart’s likely Rs 950 crore windfall from Aditya Birla Lifestyle.