Hello,Quarterly report cards are in for Big Tech and startups alike.Beauty ecommerce platform Nykaa kept on its upward trajectory with its quarterly after-tax profit more than doubling to Rs 67.7 crore year-on-year, driven by strong growth in its beauty business and growing traction for its fashion arm.In fact, the company’s largest vertical—its beauty and personal care retail business—saw its best-ever GMV performance, a growth of Rs 4,302 crore, up 27% from last year.Edtech firm PhysicsWallah, too, saw growth in both its top and bottom lines of about 33% year-on-year, driven by an expanding paid user base and strong operating margins.Meanwhile, Google parent Alphabet closed 2025 on what it termed a “tremendous quarter”, with its fiscal revenue surging past $400 billion for the first time, and the company doubling its capital investment in 2026 to drive its AI advancements.It’s a remarkable turnaround from last year, when the company was thought to be lagging behind rivals in the AI space, such as Microsoft and OpenAI.Speaking of OpenAI, the ChatGPT maker just made it easier for organisations to deploy ‘AI coworkers’ across different processes.The company’s new product, called Frontier, allows organisations to build and manage AI tools and simplifies the process of rolling… Read MoreYourStory RSS Feed
