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InterGlobe, C P Gurnani launched AIonOS in New Delhi, focusing on digital transformation with AI solutions. IndiGo, Assago, and family office are key components. The venture aims to enhance human and system capabilities.
A group of Byjus investors led by Dutch investor Prosus is seeking to block a $200 million rights issue and the removal of founder Byju Raveendran as CEO of the edtech firm.
Brazil's Supreme Court probes X's compliance with blocking orders, involving Musk, amid accusations of spreading fake news and a coup attempt. X faces scrutiny for allowing active accounts despite court directives.
Flipkart Ventures' Flipkart Leap Ahead (FLA) programme accelerates early-stage startups with USD 200,000 to USD 500,000 equity investments, mentorship from industry veterans, and a focus on GenAI solutions for hyper-growth.
First-quarter MAUs rose 19%, but missed Spotify's own guidance and a median of analysts' forecasts of 618 million. It also forecast current-quarter MAUs at 631 million, missing estimates of 636.3 million, according to IBES data from LSEG.