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Magna increases bet on battery swapping in India with $35M for Yuma
Magna's investment in Yuma Energy has reached $87 million as the Canadian auto supplier increases its majority stake in the Indian battery-swapping firm.
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Lachy Groom backs Indian startup aiming to keep aircraft aloft for a year
Founded by a 20-year-old, Alteon is developing autonomous aircraft that hopes to harvest wind energy to stay aloft for several months.
Meta executive leaves for OpenAI as the social media giant faces growing scrutiny in India
Sandhya Devanathan will oversee some OpenAI operations across Southeast Asia and Australia in her new role.
Runable hits $21M to bet AI agents can go from building businesses to growing them
Runable says 60% to 70% of its 1 trillion-plus token usage in the last 90 days came from paying customers.
India’s Airbound bags $37M to take on trucks with rocket-like drones
Airbound's ultra-lightweight approach to drone delivery has attracted backing from Greenoaks, DoorDash, and Silicon Valley investor Lachy Groom.
Two years after launch, Walmart’s Flipkart is closing in on India’s quick-commerce leaders
Flipkart's quick-commerce venture is delivering 1.1 million to 1.2 million orders a day, nearly triple its November volume.
