YourStory brings you today’s headlines with the latest developments across sectors OpenAI has promoted Uday Ruddarraju to Chief Technology Officer (CTO) for Compute, as access to large-scale computing infrastructure becomes increasingly critical in the race to build advanced AI models. The appointment comes amid growing competition among AI companies to secure the processing power, networking capabilities and data centre infrastructure required to train and deploy increasingly sophisticated foundation models. Bengaluru-based healthtech startup Plazza has raised $15 million in a Series A funding round co-led by Accel, Elevation Capital, and Nexus Venture Partners, with participation from existing investors All In Capital and Better Capital. The startup, which is building a technology-led pharmacy retail and rapid medicine-delivery platform, said it will use the fresh capital to strengthen its technology stack, enhance its AI-powered inventory intelligence, expand its operational capabilities, and grow its pharmacy network into new geographies. Founded in 2024 by Aman Priyadarshi, Plazza aims to address medicine availability by ensuring patients can access doctor-prescribed medicines when they need them, using technology to improve pharmacy operations and inventory management. Non-Banking Financial Company (NBFC) SG Finserve has partnered with BharatPe Money, the lending service provider (LSP) arm of BharatPe, and fintech infrastructure company Succesship Technologies to launch a digital lending solution for merchants. The partnership aims to improve access to formal credit for India's micro, small and medium enterprises (MSMEs) by offering a fully digital, paperless borrowing experience. Built in line with the Reserve Bank of India's Digital Lending Guidelines, the solution focuses on customer consent, transparency, responsible lending, and regulatory compliance. Eligible merchants can apply for loans through a simplified digital process with faster approvals, minimal documentation, and a seamless onboarding experience. Chennai-based deep-tech aerospace startup The ePlane Company has unveiled the first full-scale prototype of its electric aircraft, the e200X (PT-01), at its new 60,000-square-foot production facility in Chennai. The unveiling marks a key milestone for the IIT Madras-incubated startup, which received Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA) in 2023. The company plans to begin certified flight testing of the aircraft by the middle of next year. The e200X (PT-01) is an electric vertical takeoff and landing (eVTOL) aircraft built entirely from carbon fibre. Measuring 8 metres by 11 metres and weighing up to 2.2 tonnes, the prototype is designed to operate from existing urban infrastructure, such as helipads and open spaces, eliminating the need for dedicated landing sites. Ride-hailing platform Namma Yatri recently organised a one-day experiential initiative in Bengaluru aimed at encourag
