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A graduate in electronics and telecommunication engineering, Hrishikesh Kadam has always found writing fascinating. Driven by a never-ending passion for content creation combined with a bit of experience in writing personal blogs, Hrishikesh blends his technical knowledge and expertise to pen down articles for Business NewsUpdate and similar news portals.
Gopuff, a digital delivery service provider, has reportedly acquired rideOS, a cutting-edge transportation marketplace, for the sum of $115 million. The company has not shared the updated valuation following the latest takeover. This acquisition dea...
Read More >>Habyt has reportedly secured USD 24 million in a Series B funding round which was led by Vorwerk Ventures, HV Capital, Picus Capital, and P101. Berlin’s prop-tech startup has also acquired Homefully, a Frankfurt-based co-living solutions provid...
Read More >>The Walmart-owned online retailer could be valued at USD 35 billion following ADQ investment. Flipkart intends to raise USD 3 billion from investors ahead of its IPO. ADQ, Abu Dhabis sovereign fund, is reportedly planning to invest USD 500 milli...
Read More >>Niyo, an Indian fintech company, has recently announced the acquisition of Index, a Bengaluru-based personal finance startup, for an undisclosed sum. Following the takeover deal, the team at Index including Kumar Siddhartha and Anand Krishna, i...
Read More >>European Union lawmakers have recently approved a flagship fund of USD 21.27 billion to eliminate the dependence on fossil fuel and protect affected communities, enabling EU members to start receiving the cash. The multibillion-dollar initiative, ca...
Read More >>The Group of Seven (G7), consisting of the world’s seven largest economies, has reportedly reached a momentous agreement to levy a global minimum corporate tax rate of 15% to prevent internet giants like Amazon and Facebook from avoiding taxes....
Read More >>Flipkart, an online retail company, has reportedly announced a proposed investment worth $700 million from SoftBank Group Corp. This announcement came 3 years after the Japanese conglomerate holding company sold its stake in the Indian e-Commerce fir...
Read More >>European micro-mobility solutions provider TIER Mobility GmbH has reportedly secured USD 60 million from Goldman Sachs in debt funding. This new capital infusion will be routed to the purchase of new e-scooters and to expand the EV charging infrastru...
Read More >>Tata Group has reportedly planned to acquire fitness startup Curefit. The Indian conglomerate will possibly take onboard Mukesh Bansal, founder of Curefit, and might appoint him at a lead position at Tata Digital. Earlier, Bansal founded Myntra, an ...
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