Startup News India: 11th Feb 2025: Nykaa, Nua, money gaming, AI and Google

StartupBusiness News 8th Feb 2025 1 1
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Nykaa Q3 profit up 52% to Rs 26.4 crore

Popular beauty-and-fashion retailer Nykaa posted a strong third quarter performance. Its profit soared 52% at Rs 26.4 crore over the same period a year ago.

The company posted gains in both its beauty and fashion businesses, with more customers shopping online and at stores.

Nykaa’s emphasis on selling everything and its overall brand appeal propelled the success. These results confirm that Nykaa is still holding strong in a crowded market, solidifying their position as an industry leader.

Deepika Padukone backed wellness brand Nua raise Rs 35 cr

Deepika Padukone’s wellness brand Nua raises new funding of Rs 35 crore. The brand specializes in women’s health and wellness products.

Investors were very excited about Nua’s growth opportunity. “Deepika, who is also a co-founder of the brand, expressed her excitement about the funding, as well as her vision on how she wishes to empower women with wellness that is more accessible.

” Nua will use the funds to increase its product portfolio and help it reach more customers. This shall show the trail of growing demand for health and wellness brands in India.

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Tamil Nadu ban real money gaming between 12 AM to 5 AM

Real-Money Gaming-Hours in Tamil Nadu Ban Between 12 AM and 5 AM The government states this measure will assist with reducing addiction and protecting youths.

Many online gaming companies are not thrilled with the decision. They say it will be bad for their business and for players.

The prohibition began recently, and police are set to enforce it. Others have defended the move, arguing it encourages healthier habits.

Others believe it constrains individual liberty. As the state navigates between safety and entertainment, the debate endures.

AI costs will drop 10 times every year

The cost of leveraging AI is expected to drop ten times every few years, according to experts. That means AI tools will be easier and cheaper than ever for everyone to use.

Advanced and best technology will be available for businesses and people at a far more affordable price.

This steep fall in costs could reshape how we work, learn and solve problems, making AI part of everyday life much sooner than we envisioned. Exciting times ahead!

Google to start AI developed drugs clinical trail in 2025

Google has set a target to begin clinical trials for drugs developed using artificial intelligence by 2025.

The company’s AI unit, DeepMind, would apply advanced technology to the design of new medicine. The move is intended to expedite the drug discovery process and make treatments more effective.

It could also impact how diseases are treated, with the potential to get better solutions, faster. This move underscores Google’s expanding presence in the healthcare industry and its faith in the power of A.I. to save lives.

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