European e-scooter startup Voi bags USD 115 Mn in Series D funding

European e-scooter startup Voi Technology has reportedly raised USD 115 million during the latest Series D funding round. The fundraising was led by VNV Global and The Raine Group LLC, which took the company’s total capital raised to ....

Rolls-Royce obtains USD 112 Mn from QIA for its nuclear power business

Rolls-Royce has reportedly secured £85 million (USD 112 million) investment from Qatar Investment Authority (QIA), the sovereign wealth fund, for its new low-carbon nuclear power division. Rolls-Royce SMR is developing a new technolo....

Razorpay now worth USD 7.5 Bn following USD 375 Mn Series F funding

Razorpay has reportedly raised USD 375 million in Series F funding, more than doubling its valuation from USD 3 billion to USD 7.5 billion. This fundraising was co-led by Alkeon Capital, Lone Pine Capital, and TCV, with added participation ....

Biotalys to enter long-term strategic partnership with Biobest

Biotalys, an AgTech company providing protein-based biocontrol solutions, has reportedly entered a long-term strategic collaboration with Biobest, a leading company in natural pollination and biocontrol. Under the partnership, Biobest will....

Apple postpones office working indefinitely amid rising COVID-19 cases

The iPhone maker has long alternated between closing and reopening its stores throughout the pandemic. Even Google has made it mandatory for employees to get vaccinated by January 13th. Apple Inc. has reportedly postponed its plans of....

Uber likely to sell its stake in Didi over transparency issues in China

Uber Technologies Inc. is reportedly planning to sell off stakes in its non-strategic assets along with its holdings in Beijing headquartered Didi Global Inc. since China is touted to be a tough market to crack with very little transparency....

Vegan giant Impossible Foods launches ghost kitchens with Dog Haus

Impossible Foods has reportedly launched delivery-only restaurants across the United States through a partnership with Dog Haus. The move should allow the plant-based meat maker to expand its product reach and capitalize on the growing dema....

Mozilla expects to generate over USD 500 million in revenue this year

Following a difficult duration of major layoffs in 2020 and the major restructuring of its flagship browser Firefox, Mozilla Corporation is expecting to generate revenues worth over USD 500 million this year. Mozilla, despite several techn....

Cloud solution provider Cloopen to acquire Zhuge in cash & stock deal

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 provide....

General Motors to source rare earth magnets for electric vehicles

General Motors Co. has reportedly inked two separate agreements to extract rare earth magnets for future electric vehicles from the new manufacturing facilities based in the United States. This move will mark the automaker’s return to....