WinZo wins back its share from Hike post USD 13 Million fundraise

Hike Private Limited, an early investor in social gaming platform WinZO, has recently exited the firm after the startup made four-fold returns on the messaging platform developer’s investment of USD 5 million that it made in a Series ....

Facebook records 60% of users onboard the cross-app messaging platform

Facebook CEO Mark Zuckerberg, two years ago, revealed that users of the companys three messaging platforms, WhatsApp, Instagram, and Messenger, would be able to message each other. In this regard, the social networking giant has recently an....

Google saves $1Bn in expenses due to work-from-home trend in 2020

Google, a multinational technology company, has reportedly managed to save over $1 billion as a result of the significant shift of its workforce to remote working during the COVID-19 pandemic in 2020. In light of the coronavirus outbreak, ....

Roche Pharma seeking EUA from India for its COVID-19 antibody cocktail

Swiss multinational drug marker Roche Pharma recently announced that it is working with the Indian drug regulator to fast-track an emergency use authorization (EUA) of its investigational antibody cocktail Imdevimab and Casirivimab in India....

Zomato announces its long-awaited IPO plan at USD 1.1 billion valuation

Zomato, an Indian multinational restaurant aggregator, has finally made an appeal to the Securities Exchange Board of India (SEBI) for its long-awaited public offering. The Indian unicorn company has registered a draft red herring prospectu....

Toyota to buy Lyft’s self-driving unit to boost its automation efforts

Toyota Motor Corporation, a Japan-based multinational automotive manufacturer is reportedly planning to acquire Lyft Inc.’s self-driving division for USD 550 million to expand autonomous capabilities in its newly launched Woven Planet....

Beyond Meat eyes Europe expansion, teams up with local distributors

The American plant-based meat producer Beyond Meat Inc. is reportedly planning to increase the distribution of its products in European retail stores in countries such as Germany, Switzerland, Austria, the United Kingdom, and the Netherland....

Digital investment advisor StashAway secures USD 25 million in funding

StashAway, a Singapore-based online investment company has reportedly raised USD 25 million during a Series D funding round which was led by Sequoia Capital India. Other investment companies like Square Peg and Eight Roads Ventures had also....

Ola Electric to set up charging network of electric two-wheelers

Ola Electric, a transit services provider, has recently unveiled plans to establish the world’s largest charging network of electric two-wheeler vehicles. The Ola Hypercharger Network will serve as the charging network for its upcomi....

Apple supplier falls prey to a USD 50mn ransomware attack from REvil

Apple was recently targeted in a USD 50 million ransomware attack after valuable data concerning the engineering and manufacturing schematics of current and upcoming products were stolen from the Taiwanese MacBook and Apple products manufac....