EducateKaro – Handpicked Tech & Startup News | Quick, Smart Summaries
Handpicked Tech & Startup News | Quick, Smart Summaries
Nykaa posted a sharp rise in profit, hitting ₹20.28 crore in Q4 FY25, thanks to its thriving beauty and personal care business. Revenue jumped 23% YoY, though fashion losses deepened. B2B expansion and order growth strategies paid off, but rising costs and fashion vertical struggles hint at uneven performance across segments.
Read more on:YourStory
UPI is clearly the backbone of India’s digital economy, now powering 84% of retail payments. Its explosive growth in QR codes and global expansion shows India’s fintech edge. Meanwhile, RBI’s CBDC pilots signal a strategic shift toward programmable money. The future? A hybrid payments system blending real-time rails with state-backed digital currency. A bold move.
Read more on:YourStory
Perplexity has launched Perplexity Labs for Pro subscribers, enabling users to create reports, dashboards, web apps, and more using AI. Available on web and mobile, Labs boosts functionality with tools like code execution and data visualization. The move strengthens Perplexity’s enterprise appeal, aligning with reports of a potential $1B raise at an $18B valuation.
Read more on:TechCrunch
Grammarly has landed a $1 billion non-dilutive commitment from General Catalyst’s Customer Value Fund, designed to support sales, marketing, and strategic acquisitions. Instead of equity, Grammarly will repay the capital via a capped share of revenue. The AI productivity firm, now led by ex-Coda CEO Shishir Mehrotra, earns $700M+ annually and continues evolving post its Coda acquisition.
Read more on:TechCrunch & Yourstory
Mumbai-based Snabbit has raised $19M in a Series B round led by Lightspeed, bringing its 2024 total to $24.5M. The quick service startup, now active in 10 micro-markets, plans to expand to 200+ in 9 months. Founder Aayush Agarwal cites strong traction in Mumbai and Bengaluru as the driver behind this aggressive growth push.
Read more on:YourStory
Mozilla is discontinuing Pocket by October 8, 2025. Users must export saved content before then. Popular alternatives include Matter, Instapaper, Raindrop.io, Plinky, Readwise Reader, and more—offering features like AI assistance, Kindle sync, and advanced organization. Many offer migration tools and discounts to help Pocket users transition smoothly to a new read-it-later solution.
Read more on:TechCrunch
India’s leading job portal, Naukri.com, has patched a serious vulnerability in its mobile apps that inadvertently revealed recruiter email addresses — a flaw that could have opened the door to phishing attacks and data misuse. The issue, however, did not affect the website version.
Source: TechCrunch
Google’s AI-driven tool, NotebookLM, designed to help users navigate and make sense of complex information, is now accessible as a mobile app on both Android and iOS platforms. The app brings key features of NotebookLM to smartphones and tablets, enabling users to explore, understand, and interact with content on the go.
Source: Google
VerSe Innovation, the parent company behind popular platforms Dailyhunt and Josh, is letting go of approximately 350 employees this month as part of a company-wide restructuring. The move is aimed at cutting costs, boosting profitability, and accelerating its shift toward artificial intelligence (AI)-driven growth.
Source: MoneyControl
In response to rising economic pressures, Uber is rolling out cost-saving ride options for U.S. commuters, including a new fixed-route shared ride feature called Route Share. Announced at Uber’s annual Go-Get event, these changes aim to retain loyal users with cheaper, more predictable ride alternatives during weekday peak hours.
Read more on TechCrunch
