Nykaa sees 66% jump in Q2 profits; SoftBank eyes more AI bets

Quick Summary:

Nykaa's net profit grew 66% to Rs 12.97 crore in Q2 FY25, helped by festive demand.

SoftBank is placing strategic bets on AI while maintaining financial stability.

Namdev Finvest empowers entrepreneurs and rural communities through specialised loans for MSMEs, e-rickshaws, and solar panels.

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Article Details

Author / Journalist: Team YS

Category: StartupsEconomyBusiness

Markets: India

Topics: Crore Patent Privacy Company Trump Policy Softbank Revenue Nykaa Fy25 Financial

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 02:00:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 622 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23562956

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 17 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #44

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