Sarla Aviation launched one year ago with a pitch built for India's congested streets. The electric air taxi startup, named after India's first woman pilot, Sarla Thukral, would focus on aircraft that can carry more weight — even if that means shorter ranges. The startup said Tuesday it raised $10 million in a fresh funding round led by Accel.

State Farm is among the companies that chose not to renew thousands of home insurance policies. Tyler Perry is criticizing the Los Angeles insurance companies that declined to renew homeowner coverage ahead of the devastating wildfires that have torn through the county.