About Author
Pankaj Singh
Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605
Contribution by Pankaj Singh
Bumble revenue surges with strong user growth amid Delta concerns
With the COVID-19 pandemic isolating people at homes, online dating application Bumble Inc. expects higher revenue in the current quarter as paying subscribers increased, which helped the dating app owner overcome hurdles created by the virus’ Delta strain. Last year, people alienated by lo... Read More
Social commerce platform Ping secures USD 3.5 million in seed funding
Ping, a Bengaluru-based conversational commerce platform, has reportedly secured USD 3.5 million during a seed funding round which was led by Elevation Capital. The company intends to use the fresh funds for strategic hiring, product development, and expanding its reach across India. For those un... Read More
Twenty20 Solutions and Skyhawk merge to offer on & off-grid security
Twenty20 Solutions, a leading provider of IIoT-based solutions delivering real-time security, has merged with Skyhawk Security, a diversified on-grid technology provider. Together, the companies will provide an all-in-one solution for on-grid and off-grid security as well as access requirements for ... Read More
Tesla imposes mask mandates in Nevada regardless of vaccination status
Tesla, Inc. has joined the bandwagon of reinforcing mask mandates amidst the resurgence of COVID-19 cases and the prevalence of the highly contagious Delta variant. The California-based company has reportedly reinforced the mask-wearing requirement at its Nevada Gigafactory in Reno, starting Monday.... Read More
Airbus warns of 1000 job cuts in Germany without parts unit spinoff
Airbus SE has warned that around 1000 jobs are at risk in Germany if its loss-making parts unit is not spun off, which is in line with the company’s cost reduction plans introduced back in April. Confirming the news with the trade unions, a spokesperson stated that the European multinationa... Read More
U.K. eases COVID-19 travel restrictions for fully vaccinated Indians
The United Kingdom has reportedly exempted fully vaccinated Indian travelers from the 10-day hotel quarantine, as it moved the country to its ‘amber’ list from the previous ‘red’ allocation. For those unaware, England’s traffic light system for international travel s... Read More
Loship bags USD 12 Mn in pre-Series C funding at USD 100 Mn valuation
Vietnamese-based one-hour delivery e-commerce startup, Loship, which started its journey as a reviews app, reportedly raised USD 12 million in a pre-Series C funding round led by BAce Capital, valuing the company at USD 100 million. The round also saw participation from SQ Capital Group, Singapor... Read More
Semiconductor startup Spectricity raises USD 16 Mn in Series B funding
The company has now reached a valuation of USD 23 million. The fresh funds will be used to hire new talent and expand product offerings. Belgian hyperspectral sensing solutions provider Spectricity has reportedly secured USD 16 million in Series B funding round, now valuing the company at... Read More
Australia toughens COVID-19 restrictions following Delta variant spike
With the highly contagious Delta COVID-19 variant cases on the rise, Australia’s Queensland has extended lockdown in Brisbane from 2nd August 2021 to 8th August. Sydney has also deployed hundreds of soldiers to enforce stricter directives for staying at home. Brisbane’s lockdown... Read More
U.S Senate advances Biden’s top priority USD 1 Tn infrastructure bill
U.S. senators have reportedly unveiled a sweeping USD 1-trillion bipartisan deal to invest in roads, ports, high-speed internet, and other infrastructure, making it the largest public works legislation to be drafted in decades. The bill that has long eluded Congress has been a top priority for U.... Read More