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

U.S. to investigate 30 million vehicles over defective airbag inflators

The United States has reportedly opened a probe on nearly 30 million vehicles produced by various well-known automakers over faulty Takata airbag inflators. As per reliable sources, the National Highway Traffic Safety Administration (NHTSA) has orde...

India’s Apna achieves unicorn status following USD 100 million funding

Apna, an Indian professional networking platform has reportedly secured USD 100 million in a funding round led by its existing investor Tiger Global Management, at a valuation of USD 1.1 billion. This makes it one of the fastest startups to achieve ...

GM joins forces with LG Corp. to resolve Bolt EV battery fire issues

General Motors Co. is reportedly taking active efforts to help its longtime EV partner LG Corp., in tracking and fixing problems linked to battery fires in Chevrolet Bolt EVs, that have been pressuring the profit margins of both companies. Chief Fin...

UK’s Marshmallow reaches Unicorn status with USD 85 Mn Series B funding

Marshmallow, a car insurance provider, has raised USD 85 million in a Series B funding round. With this funding, the company has joined the Unicorn club, reaching a valuation of USD 1.25 billion. This is a major milestone as the company has now beco...

Singapore-based healthtech startup Homage secures USD 30 Mn in Series C

Homage’s total raised funding has surpassed USD 45 million The startup currently boasts of a regional network of over 6,000 pre-screened and trained care professionals. Homage, the caregiving-focused startup headquartered in Singapore, has...

Mercedes-Benz, SSAB to develop fossil-fuel-free steel for automobiles

SSAB intends to reduce the climatic impact of metals used in car-making through this partnership. The aim is to provide the market with fossil-free steel at the commercial level by 2026. Global steel firm SSAB recently revealed that it has teame...

Ola Electric looking to raise USD 500 million from Falcon Edge, Temasek

Ride-hailing startup Ola has gained immense traction ever since the introduction of its electric scooters in the market. Now, Ola Electric is gearing up for the expansion of its electric vehicle manufacturing business in the South Asian market. The ...

Korean startup Urbanbase secures USD 11.1 million in Series B+ round

Seoul-headquartered Urbanbase, a company that develops 3D spatial data tools for interior planning and design, announced to have raised USD 11.1 million in a Series B+ round. Hanwha Hotel & Resort, a subsidiary of Hanwha Corporation, led the fund...

Western Digital to merge with Kioxia Holdings in a USD 20 billion deal

Western Digital Corp. is in advanced talks about merging with Japan’s Kioxia Holdings Corp. in a deal that could reach a valuation of over USD 20 billion. The companies are expected to reach an agreement as early as mid-September, with Western ...