American Airlines Inc. is reportedly planning to cut approximately 1% of its flights in July due to unfavorable weather conditions and manpower shortages. A spokesperson from the company was quoted saying that this move is expected to assi....

Gopuff, a digital delivery service provider, has reportedly acquired rideOS, a cutting-edge transportation marketplace, for the sum of $115 million. The company has not shared the updated valuation following the latest takeover. This acqui....

Habyt has reportedly secured USD 24 million in a Series B funding round which was led by Vorwerk Ventures, HV Capital, Picus Capital, and P101. Berlin’s prop-tech startup has also acquired Homefully, a Frankfurt-based co-living soluti....

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 bil....

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 parti....

The Walmart-owned online retailer could be valued at USD 35 billion following ADQ investment. Flipkart intends to raise USD 3 billion from investors ahead of its IPO. ADQ, Abu Dhabis sovereign fund, is reportedly planning to invest USD....

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....

Niyo, an Indian fintech company, has recently announced the acquisition of Index, a Bengaluru-based personal finance startup, for an undisclosed sum. Following the takeover deal, the team at Index including Kumar Siddhartha and Anand ....

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 concern....

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....