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

Deepdub secures Series A funding of USD 20 Mn for AI-powered dubbing

Deepdub, a Tel Aviv-based startup, has reportedly raised a Series A funding round of USD 20 million initiated by Insight Partners, a New York-based investment company. Current investors Stardom Ventures and Booster Ventures also took part in the rou...

Read More >>
Banking giant Wells Fargo’s return-to-office push starts mid-March

100,000 of Well’s Fargo have been reporting to the workplace throughout the pandemic. The sudden rise in Omicron cases had forced the bank to delay its plans. American multinational financial services institution Wells Fargo & Co has ...

Read More >>
Xpressbees turns unicorn with a USD 300 million Series F funding round

Indian logistics firm Xpressbees has announced that it secured USD 300 million in a funding event led by Blackstone Growth, ChrysCapital, and TPG Growth. The company entered the prestigious unicorn club after the funding event raised its valuation to...

Read More >>
LG Energy Solutions expects 8% spike in sales as chip deficit subsides

EV battery giant, LG Energy Solutions (LGES) Ltd. is reportedly eyeing a sharp 8% uptick in sales for 2022 in anticipation of increased demand for electric vehicles as the global chip shortage is estimated to alleviate in the second half of the year....

Read More >>
South Africa’s health regulator authorizes Sinopharm COVID-19 vaccine

The South African health regulator has reportedly approved Sinopharm, a COVID-19 vaccination from China. A senior health executive claimed that the government doesn’t plan to acquire vaccine doses for now. South Africa, which has been hit the ...

Read More >>
South Korea’s Swing eyes Japan expansion following a USD 24 Mn funding

South Korean micro-mobility and electric scooter startup Swing has reportedly secured USD 24 million in a Series B funding round that was led by White Star Capital. The company will use the fresh funds to expand its business to Japan. The recent fun...

Read More >>
McLaren Racing extends long-running partnership with AkzoNobel

AkzoNobel N.V. and McLaren Racing have reportedly expanded and extended their long-running collaboration. The multi-year agreement will deepen the highly successful 13-year relationship and venture new possibilities in the areas of technological inn...

Read More >>
Sony Group’s shares fall by 8.8% amid resurfacing gaming concerns

Sony Group Corp.’s shares fell around 8.8% in early trading in the Tokyo exchange on Thursday after 4 days of consecutive gains. The decline in the shares came as gaming concerns resurfaced amid component shortages and competition from hea...

Read More >>
Electronic Arts lowers its annual sales forecast despite strong growth

Gaming giant Electronic Arts Inc. has reportedly cut its yearly adjusted sales forecast after falling short on quarterly projections on Tuesday, as fewer people are buying new games amid the easing of pandemic restrictions. The California-based firm...

Read More >>