BharatPe raises $150M to expand services; IIT Bombay develops wood-to-aviation-fuel technology.

Indian startup BharatPe secured $150 million in a Series C funding round, led by major investors, to expand its payment and commerce services. In unrelated news, a research team at IIT Bombay has developed a method to convert wood biomass into aviation fuel, potentially revolutionizing the aviation industry by providing a sustainable, carbon-neutral alternative to fossil fuels.