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AI NewsDeeptech Startup Alteon Raises $2.5 Mn Led By Lachy Groom to Make Perpetual flights a Reality

Deeptech Startup Alteon Raises $2.5 Mn Led By Lachy Groom to Make Perpetual flights a Reality

5:50 PM IST · September 1, 2026

Founded in 2025 by 20-year-old Samay Sanghvi, Bengaluru-based Alteon is working on building high-endurance airplanes.

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ITC Infotech, Happiest Minds Merger to Birth a ₹7,000 Cr Company

ITC Infotech will acquire a 22.1% stake in Happiest Minds from its promoters for ₹1,330 crore before merging the two companies through a share swap.

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Cypher 2025 Asked if India’s IT Giants Would Survive AI. 10 Months Later, the Market Has Answered

About ₹15 lakh crore of market value has left five companies whose revenues are, for the most part, still growing. This is what it looks like when a debate gets settled by results rather than argument.

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