MARKET TRENDING NEWS

Tyson Foods Inc is reportedly introducing new plant-based hamburgers and sausages, adding to the competition for Beyond Meat, which is launching an improved version of its faux burger. Plant-based meat producers expect an increase in revenue as COVID-19 vaccines encourage more people to eat out a... Read More

Trifork Holding AG, a company that specializes in providing advanced IT and business services, has reportedly acquired Swiss-based IT firm Vilea. The move will allow Trifork to expand its service reach in Switzerland and reinforce its presence in Europe. Founded in 2009, Vilea has emerged as a pr... Read More

U.S. private equity group Apollo Global Management is near acquiring Verizon Communications’ AOL, Yahoo, as the telecom group shifts its emphasis to its core network businesses and 5G wireless technology rollout. Sources with knowledge of the matter stated that the contemplated deal would v... Read More

Leading cloud-based solutions provider for government, Accela has reportedly inked a collaboration with the U.S. DOE (Department of Energy)’s NREL (National Renewable Energy Laboratory). This partnership is aimed at launching a new online instant solar permitting platform for home solar and ba... Read More

Greenlight, the Atlanta-based fintech startup that encourages parents to open a kid-focused bank account, has reportedly secured USD 260 million during a Series D funding round which was led by private American venture capital firm Andreesen Horowitz. The round also saw participation from existin... Read More

Life360, a renowned family tracking app, is reportedly planning to acquire Jiobit, a company that develops location-based wearable devices, for USD 37 million. This deal could be worth USD 54.5 million if Jiobit manages to meet certain performance metrics within two calendar years. For those unaw... Read More

Leading digital payments company Wirex has recently revealed a set of location-enhanced services that will inform consumers where their transactions have taken place. This is likely to ensure a higher level of transparency during those transactions. The service, which is co-developed with Snowdro... Read More

upGrad claims to generate around USD 13 million in monthly revenue. The edtech startup has also managed to record an 85% completion rate of its courses. Mumbai-based education technology company upGrad has reportedly secured USD 120 million from Temasek Holdings Limited, a Singaporean inve... Read More

Arkema has reportedly announced that it is on track to initiate production of its flagship polyamide 11 high performing polymer Rilsan® and Amino 11 at the new plant in Singapore by early 2022. The plant, which will operate on 100% renewable castor beans, will represent a rise of 50% in the comp... Read More

Digital therapeutics company Fitterfly reportedly amassed USD 3.1 million in a Pre-Series A round led by Fireside Ventures. The funding round also saw participation from Venture Catalysts, 9Unicorns, and a few angel investors from Singapore, the U.S., and India, with Kanwaljit Singh, the Managing Pa... Read More