Archives June 2026

In a landscape dominated by rapid drops and relentless trend chasing, Almost Gods introduces a sneaker that invites an intentional, more considered way of engaging with product. With Tether, the New Delhi-based fashion house continues to position Indian design within a global context – through depth, intention, and a clearly defined point of view.

Founded in 2018, Almost Gods has built its universe at the intersection of mysticism and modernity, a world in itself, where each piece is shaped by narrative, material exploration, and a strong conceptual foundation. With Tether, this language extends into a new category, not as an entry, but as a continuation.

At its core, Tether explores the idea of restraint and contained energy. The act of binding is seen across cultures as a gesture of protection, control, and preparation and that becomes central to the sneaker’s identity. This is expressed through a wrap-around lacing system that moves across the upper, creating visible tension and giving the object a sense of being held, almost prepared before it is worn.

Built on a German Army Trainer (GAT) inspired silhouette, the sneaker is approached through a structural lens. Clean, military-rooted foundations are reworked through architectural paneling and layered construction, creating a balance between discipline, ritual and comfort. The design resists surface-led decoration, instead allowing form, tension, and proportion to define its character.

Materiality plays a defining role as well. Constructed in brushed, hairy suede, the surface feels raw, tactile, and intentionally unresolved. Left untreated, it evolves with time – shifting in tone, softening with wear, and allowing each pair to develop its own identity. The result is a product that feels lived-in, elemental, and slightly unpredictable.

Designed and constructed in India, Tether reflects a process-led approach to craftsmanship. The focus remains on execution – how materials are handled, how structure is built, and how it holds under tension. It places Indian craftsmanship within a global design conversation, just as the brand narrative with each campaign, launch and activation has tried to do.

What sets Tether apart is its cohesion. Every element from the wrap-around lacing to the paneling system and material choices ties back to the core concept. Nothing feels added on. The sneaker reads as a complete object: deliberate, resolved, and built with intent.

The Tether wearer mirrors this sensibility. Drawn to design over trend, they engage with pieces that reveal themselves over time.

With Tether, Almost Gods deepens its presence within the global design landscape, offering a perspective that is both rooted and forward-looking. Tether exists as an object with presence.

Global technology corporation FPT and UOB have signed a Memorandum of Understanding (MoU) to explore strategic collaboration opportunities in AI, digital transformation, and financial services innovation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260531486124/en/

The MoU exchange ceremony took place at the Vietnam – Singapore Tech Connect Forum during the General Secretary of the Communist Party of Viet Nam and State President H.E. To Lam’s official visit to Singapore.

Under the MoU, the collaboration will span a broad set of strategic areas, including AI and digital innovation in banking, digital banking transformation, fintech innovation, and regional growth and ecosystem development. The initiative is designed to modernize how banking services are developed, delivered, and scaled across UOB’s key markets, leveraging AI, data analytics, intelligent automation, cloud, APIs and modern architecture.

The MoU will also establish a platform for UOB, FPT, and ecosystem stakeholders to translate innovation priorities into scalable business opportunities. This includes advancing digital banking platforms, legacy modernization, payments, digital lending, embedded finance, and pilot initiatives in Vietnam and other regional markets. The collaboration will further support cross-border financial services, enterprise expansion and the development of more connected, innovation-driven financial ecosystems. The detailed plan of the MoU, including pilot scope, implementation roadmap, governance model and expected outcomes, will be finalized within the next 90 days.

“The future of financial services will be shaped by how effectively institutions scale AI, modernize digital platforms, and strengthen cross-border connectivity. Together with UOB, we aim to build more scalable, AI-first models while opening stronger pathways for innovation, enterprise growth, and ecosystem connectivity across Vietnam, Singapore, and the wider APAC region,” said David Nguyen, CEO of FPT Asia Pacific, FPT Corporation.

Mr Lawrence Goh, Head of Technology and Operations, UOB, said: “This MoU reflects UOB’s strategic intent to build a future-ready bank through strong technology foundations, responsible AI and purposeful partnerships. Together with FPT, we will explore practical opportunities to modernise our architecture, improve development productivity, scale AI responsibly and develop innovative solutions that create long-term value for our customers and businesses.”

Singapore and the wider APAC region have been among FPT’s strategic markets. As a leading global technology and digital transformation company headquartered in Vietnam, FPT brings strong engineering expertise and deep capabilities across AI, cloud, data, automation and modernisation to over 500 leading enterprises across various sectors. This complements UOB’s regional banking network and supports its transformation ambitions to accelerate the adoption of advanced technologies, including generative and agentic AI, to enhance productivity, risk management and customer experience across the Bank. UOB and FPT’s collaboration will further drive innovation and support growth across Vietnam and the region. This builds on UOB’s longstanding support for Vietnam’s development through continued investment in its local franchise, while strengthening its role as a connector of businesses and opportunities across ASEAN.

About UOB

UOB is a leading Asian bank with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets.

Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

For more than nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to help businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of education, children and art, doing right by its communities and stakeholders.

About FPT

FPT Corporation (FPT) is a globally leading Vietnam-headquartered technology and IT services provider, with operations spanning more than 30 countries and territories. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. With a strong focus on mastering strategic technologies, FPT continues to drive innovation across industries. As an AI-first company, FPT is committed to elevating Vietnam’s position on the global tech map and delivering world-class AI-enabled solutions for global enterprises. In 2025, FPT reported a total revenue of USD 2.66 billion and a workforce of over 54,000 employees across its core businesses.

For more information about FPT’s global IT services, please visit https://fptsoftware.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260531486124/en/

Univastu India Limited announced its audited financial results for the fourth quarter and full year ended March 31, 2026. The company posted consolidated revenue of INR 243.35 crore for FY26, up from INR 171.18 crore in FY25 — a year-on-year increase of 42.16%. EBITDA rose to INR 41.61 crore at a margin of 17.10%, while Net Profit advanced 65.55%to INR 25.69 crore.

The fourth quarter capped the year on a strong note, with Q4 FY26 revenue rising 174.23% year-on-year to INR 109.44 crore on the back of accelerated project execution and robust order conversions in the second half.

Consolidated Financial Highlights – FY26 & Q4 FY26

Sequential Performance – Q4 FY26 vs Q3 FY26

Operational Highlights – FY26

Incorporated in 2009 and headquartered in Pune, Maharashtra, Univastu India Limited is an integrated Engineering, Procurement, and Construction (EPC) company specialising in civil and structural construction and infrastructure development. Serving both the public and commercial sectors, the company has established a strong track record across specialised verticals spanning metro infrastructure, commercial structures, hospitals, cold storages, educational institutions, and sports complexes.

1. Revenue from operations grew 42.16% year-on-year to INR 243.35 crore, powered by strong execution across infrastructure and specialised construction verticals, including metro rail electrical power supply (OHE) and station E&M works.

2. The sports infrastructure segment emerged as a key growth driver, with the company executing stadiums, sports complexes, and allied recreational facilities for public and institutional clients — positioning Univastu to capitalise on rising public investment in sporting and community infrastructure across India.

3. Net Profit climbed 65.55% to INR 25.69 crore, underpinned by stronger project margins and improved operational efficiency.

4. EBITDA expanded 42.78% to INR 41.61 crore, with margins holding firm at 17.10% — a clear marker of consistent execution quality.

5. Q4 FY26 was the standout quarter of the year, delivering revenue of INR 109.44 crore — up 174.23% year-on-year and 94.88% sequentially — driven by accelerated project completions and billing.

6. The company further broadened its project pipeline across government infrastructure, metro works, hospitals, sports and recreational facilities, and institutional construction, strengthening its position as a diversified EPC player.

Management Commentary

Commenting on the performance, Dr. Pradeep Khandagale, Chairman & Managing Director of Univastu India Limited, said: “FY26 has been a defining year for Univastu India Limited. Revenue growth of 42.16% and a 65.55% rise in net profit are a direct outcome of the strength of our order book, the discipline and consistency of our project teams, and the enduring trust our clients place in us across both the public and private sectors. The standout performance in Q4 underscored our ability to scale execution without compromising on quality or margins. Importantly, FY26 also marked meaningful progress in newer growth verticals — most notably our sports and recreational infrastructure segment, alongside metro rail electrical systems — broadening the foundation on which we will build. As we look ahead, we remain committed to building a resilient, sustainable EPC business across civil infrastructure, metro, healthcare, sports, and institutional segments, and are well positioned to capitalise on India’s expanding pipeline of public infrastructure investment.”

Exato Technologies Limited announced its audited consolidated financial results for the quarter and financial year ended March 31, 2026, on May 29, 2026. The company delivered a strong performance in FY26, with revenue from operations rising 35% year-on-year to INR 167.99 crore, compared to INR 124.23 crore in FY25. EBITDA stood at INR 25.39 crore, translating into an EBITDA margin of 15.12%. Profit After Tax (PAT) increased significantly by 67% year-on-year to INR 16.09 crore, reflecting strong operational execution and improved profitability.

Financial Highlights – FY26

Operational Highlights – FY26

• Built a record order book of INR 600 crore as on March 31, 2026, with INR 221 crore delivered and INR 379 crore in pipeline — providing strong revenue visibility.

• Incorporated a wholly owned subsidiary, Exato Technologies Pty Ltd in Australia, in March 2026, adding to existing subsidiaries in the USA and Singapore.

• Strengthened the leadership team with the onboarding of a well-known industry leader in the CX and AI space to the Board of Directors (w.e.f. June 1, 2026), alongside the appointment of a Chief Revenue Officer, Chief AI Officer (w.e.f. June 1, 2026), Chief Operating Officer, and President – Revenue, Marketing & Strategic Alliances to drive the next phase of growth.

• Now serving 150+ clients across 10+ countries, including 9 of India’s 10 leading banks, with over 97% customer retention.
• Exports contributed 25% of FY26 revenue; the company targets 60% export revenue over the next two to three years.
• Allocated INR 6.80 crore to proprietary IP and platforms (ExatoIQ, Prompt Base Dialer, UAM, CompliCall), targeting 25–30% IP-led revenue over the medium term.

Recognition & Strategic Milestones

• Won four awards at the NICE APAC Business Partner Summit 2026 (Busan), including APAC Partner of the Year 2025.
• Achieved NICE Platinum Partner status for the fifth consecutive year, across South Asia, the Middle East and APAC.
• Featured as Platinum Sponsor at NICE Interactions 2025 and Konecta Leaders Convention 2025 (Madrid), and showcased cloud ERP capabilities at the Acumatica Partner Summit 2026 (Seattle).

Strategy: From Project-Led Services to Platform-Led, Recurring Revenue

Exato operates at the intersection of the AIaaS and CXaaS markets, among the highest-growth and, highest-margin segments of digital transformation globally. (global AIaaS projected at 30.37% CAGR). The company follows a “sell globally, deliver from India” model, with a centralised India delivery hub and both organic and inorganic growth, including acquisitions under active evaluation.

Management Commentary

Commenting on the performance, Mr. Appuorv K. Sinha, Promoter, Chairman & Managing Director, Exato Technologies Limited, said: “FY26 has been a landmark year for Exato. We delivered Revenue of INR 167.99 crore, up 35% year-on-year, and PAT of INR 16.09 crore, up 67% year-on-year – with net margins expanding from 7.77% to 9.58%. Our Q4 investments were deliberate and forward-looking, directed at strengthening our global leadership team, expanding international presence across the US and Australia, accelerating customer acquisition, and deepening AI and platform capabilities. We have strengthened our leadership with the appointment of a Chief Revenue Officer, Chief Operating Officer, Chief AI Officer and President – Revenue, Marketing & Strategic Alliances – to drive the next phase of growth. With a record order book providing strong revenue visibility, and IPO proceeds of approximately INR 17.85 crore available to fund growth initiatives, we are well-positioned to scale our “sell globally, deliver from India” model. Our vision remains to build Exato into a globally relevant, AI-driven CX and enterprise technology platform with strong annuity revenues, scalable IP-led offerings, and long-term value for our customers, partners and shareholders.”