CRED’s next funding may come at a cost; Mapping ixigo’s steady rise
Bengaluru-based fintech unicorn CRED is in discussions to raise $75 million in an internal round of funding, marking its first capital infusion in nearly two years. When ixigo announced its FY25 results, the numbers told a compelling story.
Myntra gets $125M infusion from Singapore parent company
Walmart-backed Flipkart had infused $81 million in Myntra’s holding company in February earlier this year.
Cars24 shuts down spare parts platform citing buyer mindset
The pilot programme Inspare was set up in Delhi-NCR to facilitate doorstep delivery of spare parts to automotive workshops.
Unacademy co-founders Gaurav Munjal, Roman Saini to step away from their roles
Sumit Jain, Founder of Graphy, which was acquired by Unacademy a few years ago and who was elevated to co-founder status in 2023, is expected to take over the reins of the edtech company.
India’s AI Frontier: Building tomorrow’s workforce today
Join the webinar on May 29 for a deep dive into AI career pathways. With India’s AI market soaring to $17B by 2027 ? and a critical shortage of 1M+ skilled professionals looming, this conversation is essential for your future.
Chargeup teams up with Mega Corp, Shivakari Finance to unlock Rs 50 Cr in EV financing
The company aims to disburse the credit line to support the deployment of 4,000 commercial EVs over their next 12 months in the country.
SpaceX’s Starship spins out of control minutes after 9th test launch, crashes over Indian Ocean
SpaceX lost contact with its Starship rocket during a test flight on Tuesday after it spun out of control and began leaking fuel. The rocket likely broke apart over the Indian Ocean during re-entry, officials said.
PayPal gets RBI nod for facilitating outbound cross-border payments
PayPal’s regulatory progress follows a series of similar approvals granted to rival firms, signaling rising competition in the cross-border payments space.
ixigo’s steady rise: From serving Bharat to shaping the future of travel tech with AI
In an interaction with YourStory, ixigo co-founders Aloke Bajpai and Rajnish Kumar, opened up about the company’s rapid growth and the central role artificial intelligence plays in its strategy.
From planning to production: How TrueFoundry simplifies machine learning deployment
TrueFoundry helps users turn ML models built on tools such as Jupyter Notebooks into live APIs, making it easier to build, track, and deploy models without deep knowledge of systems like Kubernetes.
Flextron’s 10-minute charging could put India’s EV adoption in the fast lane
Flextron aims to make EV charging fast, convenient, and accessible, addressing one of the speed bumps in the road to widespread EV adoption.
Underutilisation, not supply: The real problem with India’s EV charging infrastructure
India’s EV charging conundrum isn’t about lack of supply—the real bottleneck lies elsewhere, in energy access, interoperability, consumer awareness, and intelligent infrastructure management.
Spotify down for scores of user globally, outage not explained yet
Spotify has not yet released an official comment or given an estimated time of full restoration, despite the increasing volume of user reports.
Texas set to enact age verification law for app store & play store escalating debate over kids’ online safety
Senate Bill 2420, which passed both chambers of the Texas legislature, now awaits Gov. Greg Abbott’s signature. The legislation would require app store operators to verify the age of a device user and, for those under 18, obtain parental consent before allowing app downloads or purchases
Bengaluru welcomes Liverpool: UK university’s Indian debut set for 2026
The University of Liverpool plans to launch Bengaluru’s first foreign university campus by 2026, offering innovative programmes and enhancing collaboration with Karnataka’s academic and industry partners to support education and research.
