About Author : Pankaj Singh

Pankaj Singh

With a commendable experience of content creation under his belt, Pankaj Singh, a qualified Post Graduate in Management, boasts of having worked as a freelance writer and an insurance underwriter. Additionally, Pankaj has also enriched his qualification portfolio with a course in Digital Marketing. He currently pens down valuable insights on articles pertaining to business, technology, and trade and finance for Business NewsUpdate and other news portals.

Contribution by Pankaj Singh

Mamaearth secures Sofina-led USD 50 Mn funding at USD 730 Mn valuation

Popular new-age D2C (direct-to-consumer) personal care brand Mamaearth has reportedly raised USD 50 million in a funding round led by Belgian investment fund Sofina, valuing the company at USD 730 million. The round saw participation from existing i...

Porsche, BASF partner to develop high-performing lithium-ion batteries

Porsche AG has reportedly partnered with BASF to develop the next generation of lithium-ion batteries, which would be used in future Porsche electric vehicles worldwide. Cellforce Group, a joint venture between Customcells and Porsche, chose BASF as ...

Daimler AG expects the unrelenting chip shortage to persist till 2022

German multinational automotive corporation, Daimler AG recently stated that the acute shortage of semiconductor chips is expected to disrupt car sales during the latter half of this year, extending into 2022. However, the Mercedes-Benz maker has no...

Fashion group Ermenegildo Zegna to go public with USD 3.2 Bn valuation

Italian fashion house Ermenegildo Zegna has reportedly revealed plans to go public by working with a New York-based special purpose acquisition company (SPAC). The agreement values Zegna at USD 3.2 billion and will see it raising USD 880 million, wit...

Kamereo bags USD 4.6 million in CPF Group-led Series A funding round

Vietnam-based food technology startup Kamereo has reportedly secured USD 4.6 million in a Series A funding round led by Genesia Ventures Inc., Quest Ventures, and CPF Group. The fresh funds to hire new employees, upgrade user interface, and build adv...

Innovation Zed, SocialDiabetes to improve health outcome for diabetics

Innovation Zed Limited, an Irish health solutions provider, has reportedly inked a global partnership agreement with SocialDiabetes S.L., a Barcelona-based company that specializes in digital management of diabetes. This agreement will allow the two...

MPOWER Financing raises USD 100 Mn to better support overseas education

MPOWER Financing has reportedly secured USD 100 million in equity investments to reinforce its position as a top education loan provider for students aspiring to study overseas. The company had earlier raised USD 30 million this year from investors ...

Video commerce platform Trell bags USD 45 million in Series B funding

Over 18 million content creators have made videos for Trell. The social media platform recorded 50 million active users last month. Bengaluru-based lifestyle and social media platform, Trell, has reportedly secured more than USD 45 million in a ...

Microsoft to acquire RiskIQ amidst rising cyberattacks worldwide

American multinational firm Microsoft Corporation has reportedly agreed to acquire cybersecurity firm RiskIQ, to expand its product portfolio and provide better protection to the customers amid increasing cyberattacks across the globe. Sources close...