India-based aerospace startup Jeh Aerospace has secured $11 million in Series A funding to accelerate the production of flight-critical components for commercial aircraft. Founded by ex-Tata executives, the company is leveraging digital manufacturing from its Hyderabad facility to serve U.S.-based Tier 1 suppliers, marking a new chapter for India’s role in global aviation supply chains.
Diesel Prices in the Philippines Rise Amid Global Supply Tightness and Regional Demand Surge
Diesel prices in the Philippines now exceed gasoline as global and regional market pressures—from refinery disruptions to geopolitical tensions—tighten supply and drive up costs, particularly impacting logistics and transport-dependent industries.
Jetstar Asia Shuts Down Operations in Southeast Asia and Indonesia, 500 Employees Laid Off
Jetstar Asia has officially ceased operations across Southeast Asia, including key routes to Indonesia, marking the end of its two-decade presence in the region. The final flight from Singapore to Kuala Lumpur took off on July 31, 2025, in an emotional farewell involving staff and crew. The closure, part of Qantas Group’s restructuring plan, has led to the retrenchment of 500 employees — though more than half have already received new job offers or interview calls.
OpenAI Secures $8.3 Billion in Funding Amid IPO Plans and Market Expansion
OpenAI has secured $8.3 billion in funding from top global investors including Dragoneer and SoftBank, ahead of a planned IPO and restructuring effort. The latest round values the AI leader at $300 billion.
CRV Launches New $750 Million Fund Focused on Early-Stage Global Tech Startups
CRV, a long-standing Silicon Valley venture firm, has announced its latest fund—CRV XX—totaling $750 million. The fund will lead Seed and Series A rounds for technology startups building in AI, cybersecurity, and developer infrastructure. With a legacy of early-stage success stories like DoorDash and Vercel, CRV XX reinforces the firm’s commitment to staying focused, founder-first, and long-term through evolving tech landscapes.
STAN Secures $8.5M Series A to Expand Market Reach and Strengthen AI Tools for Gaming Creators
STAN raises $8.5M Series A from investors like Google and Square Enix to grow its mobile-first platform for gaming creators. The company plans to enhance AI tools and expand across India and beyond.
SixSense Raises $8.5M in Series A to Drive AI Transformation in Semiconductor Manufacturing
SixSense announced an $8.5 million Series A funding round to scale its no-code AI platform, already used by semiconductor giants like GlobalFoundries and JCET.
Revolut Becomes Title Partner of Audi’s Future Formula 1 Team Starting in 2026
Revolut has been announced as the official title partner of Audi’s future Formula 1 team, starting in 2026. The partnership brings together Audi’s technological vision and Revolut’s digital-first strategy, paving the way for a new era in motorsport and financial innovation.
Ramp Raises $500 Million, Pushing Valuation to $22.5 Billion
Ramp has raised $500 million in a new funding round, bringing its valuation to $22.5 billion. The capital will accelerate its AI-driven approach to automating corporate finance.
Tesla Signs $4.3 Billion Battery Supply Deal with LG Energy Solution to Cut Reliance on China
Tesla has partnered with LG Energy Solution in a $4.3 billion battery supply agreement, leveraging U.S. production to secure lithium iron phosphate (LFP) batteries for its energy storage business—reducing its reliance on China amid trade tensions.
