EducateKaro – Tech & Startup News in Hindi | लेटेस्ट टेक और स्टार्टअप न्यूज़
Tech & Startup News in Hindi | लेटेस्ट टेक और स्टार्टअप न्यूज़
Finom, a fintech startup based in Amsterdam, has secured €115 million in Series C funding to grow its all-in-one financial platform tailored for European small and medium-sized businesses. With goals to reach 1 million customers by 2026, the company is leaning into AI-driven tools, operating under EMI licenses, and prioritizing AI agents over traditional hires to stay efficient. The new funds will also support strategic acquisitions.
Read more on TechCrunch
Startup Multiplier, founded by former Stripe Asia‑Pac lead Noah Pepper, has raised $27.5M (seed + Series A from Lightspeed & Ribbit) to acquire accounting firms and supercharge them with AI. Its pilot acquisition, Citrine, doubled margins using Multiplier’s tools. Now, the company is raising new capital to roll out more AI‑enhanced firms—aiming to disrupt the Big Four.
Read more on Techcrunch
Maor Shlomo’s no-code AI startup Base44, built in just 6 months and initially bootstrapped, has been acquired by Wix for \$80M in cash. Despite a team of 8, the project began as a solo side hustle and grew to 250K users and $189K profit/month — all while sharing the build journey publicly. The acquisition gives Wix a profitable, fast-scaling AI app builder for non-coders, boosting its no-code portfolio.
Read more on EducateKaro
Fintech unicorn CRED raised $72 million from investors like GIC’s Lathe Investment ($41M), RTP Global ($8.75M), Sofina Ventures ($3M), and Kunal Shah’s QED Innovation Labs ($19M). Valued at $3.64 billion, down 43% from $6.4 billion, CRED aims for FY26 profitability despite a 22% higher FY24 net loss of Rs 1,644 crore, with revenue up 66% to Rs 2,473 crore.
Read more on Entrackr.
Albert Saniger, ex-CEO of AI shopping app Nate, was charged with defrauding investors by falsely claiming its tech enabled fully automated online purchases. In reality, humans in a Philippine call center did the work. Nate raised over $50M before collapsing in 2023, leaving investors with major losses. Similar cases of exaggerated AI claims have surfaced recently.
Read more on TechCrunch
Fintech star Ramp has rocketed past $700 million in annualized revenue by January 2025, doubling from $300 million in under 18 months. With AI slashing costs and a $150 million secondary sale, its valuation jumped to $13 billion. CEO Eric Glyman says profitability’s a choice—they’re all in on growth!
Read more on TechCrunch
