India’s bike-taxi giant Rapido has entered the ₹1,000 crore club, raising $120 million in a Series E round led by WestBridge Capital—pushing its valuation past $1 billion. Founded in 2015, Rapido has grown from a two-wheeler

American companies accuse Chinese firms of hijacking their brand names before they can register them. Meanwhile, China claims U.S. brands are squatting on names without doing business locally.

Mira Murati, ex-CTO of OpenAI, launches Thinking Machines Lab—an AI startup eyeing a record $2B seed round.