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

General Motors to raise EV spending by 30% to USD 35 billion by 2025

General Motors Co. will reportedly boost its worldwide expenditure on electric and autonomous vehicles by 30%, reaching USD 35 billion through 2025. The leading U.S. automaker will build two more battery plants in the U.S. costing USD 2 billion each ...

Automotive marketplace Carro bags USD 360 million in Series C funding

Automotive marketplace Carro has announced to have acquired unicorn status after securing USD 360 million in a Series C funding round led by SoftBank Vision Fund 2. Other investors including EV Growth and insurance giant MSIG had also participated in...

Moscow to offer free cars weekly to boost COVID-19 vaccination drive

Reportedly, Moscow will be offering free cars every week of around USD 1 million valuation through a giveaway to speed up the vaccination rate in Russia. The announcement reflects on Russia’s efforts to offer incentives like free cars for peopl...

Mexican beer brand Corona achieves net zero-plastic footprint worldwide

Corona, the popular Mexican beer brand, has now become the only beverage company to achieve a zero plastic footprint. This milestone was achieved after a comprehensive external assessment of the beer brand’s global operations concerning the 3R...

Contentstack secures USD 57.5 million during a Series B funding round

Contentstack, a startup that provides a headless content management system, has secured USD 57.5 million in a Series B funding round which was led by American venture capital and private equity firm Insight Partners. The round also saw the participa...

Bengaluru-based Cora Health secures fresh funds from angel investors

Cora Health, a Bengaluru-based health and wellness marketplace, has reportedly secured an undisclosed amount during a funding round that saw participation from various angel investors. These investors included KRS Jamwal (ED, Tata Industries), Apurv...

Byju’s, Google team up to offer e-learning solutions to Indian schools

Byju’s has reportedly partnered with Google LLC to ease the online learning process for Indian teachers and students. The Indian edtech unicorn will use Google Workspace for Education to offer a comprehensive and customized digital platform for...

BP shells out USD 220 million for solar energy projects in the U.S.

British multinational oil and gas company BP plc has reportedly made an investment of USD 220 million in U.S renewables with the purchase of solar projects from utility-scale solar solutions provider 7X energy, Inc. With this latest deal, BP has pic...

Almentor bags USD 6.5 million in Series B funding round led by Partech

E-learning and professional people development platform, Almentor.net, has reportedly secured USD 6.5 million in a Series B funding round which was led by VC company Partech. The round also saw participation from Sango Capital, Sawari Ventures, and E...