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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.
Cloopen Group Holding Limited, one of China’s leading multi-capability cloud-based communications solution providers, has announced that it has made a definitive agreement to purchase complete equity interests in Zhuge Inc., a provider of user-...
Read More >>HR tech firm Sense has multiplied its valuation to USD 500 million in its 50 million Series D fundraise, spearheaded by SoftBank Vision Fund. The five-and-a-half-year-old San Francisco-based startup, which caters to blue-collar workers and assists co...
Read More >>The court identified Mazda made 49 distinct fraudulent or misleading representations to nine consumers who sought a refund or replacement of their cars. Australian Competition and Consumer Commission (ACCC) initially filed the case against Mazda, ...
Read More >>Indian e-commerce platform Flipkart is reportedly acquiring e-pharmacy startup SastaSundar to dive into the country’s rapidly expanding healthcare space. As per sources, Flipkart has signed definitive agreements to buy a majority stake in Sast...
Read More >>According to a recent report from Automobilwoche, German luxury car makers BMW and Audi are planning to buy British sportscar brand, McLaren Automotive Ltd. BMW is targeting the supercar business, while Audi is looking to acquire McLaren's Formul...
Read More >>Japanese multinational conglomerate holding company Softbank Group Corp will reportedly launch a buyback program after its Vision Fund Unit disclosed a loss of USD 10 billion. This was due to a sharp decline in the share price of its portfolio compan...
Read More >>Electric vehicle maker Rivian, which is backed by Amazon, is seeking to raise at least USD 8.4 billion in its initial public offering, as per a regulatory filing posted recently. The company stated that it intends to offer around 135 million shares ...
Read More >>Bangalore-based investment platform, Groww has reportedly secured USD 251 million in a Series E funding round led by Iconiq Growth. The fresh funds will be used to expand the company’s offerings, educate first-time investors, and help millennia...
Read More >>Facebook Inc. has reportedly inked a preliminary copyright agreement with a lobby group of French news publishers, which paves the way for the company to pay for promoting news content on its platform in the country. The licensing accord comes along...
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