Zepto, an online grocery delivery service, secured $200 million in Series-E funding, valuing the business at $1.4 billion and elevating it to the status of 2023’s first unicorn.

SoftBank, the technology company is preparing to divest its shares in Zomato as the lock-in period following the Blinkit deal comes to an end.

PayU, the fintech company backed by Prosus is going through some changes, in its leadership team after selling its global payments division to Rapyd. It is expected that CEO Laurent Le Moal, CFO Aakash Moondhra, and other executives will be leaving.

The Biden administration was sued on Thursday for its choice to withhold land from an upcoming sale of oil and gas leases in the Gulf of Mexico in order to protect an endangered whale. The lawsuit was brought by a trade association for the oil and gas industry, the state of Louisiana, and Chevron.

The Wall Street Journal reported on Friday that Saudi Arabia is exploring a Chinese proposal to build it a nuclear plant, a decision that may thwart American interests in the country.

In defiance of US warnings about the possibility of espionage by Beijing, Chinese telecom giant Huawei announced on Friday that it had renewed a licensing arrangement with Ericsson to utilize each other’s technologies.

Thai Exports shrank for a tenth sequential month in July, and by a far greater rate than anticipated, as worldwide interest stays drowsy, and the business service said on Friday it would be challenging to meet its entire year’s development target.

Reliance Industries, a conglomerate is considering selling a 8 10% stake, in Reliance Retail Ventures. The purpose of this move is to fund expansion plans reduce debt and prepare for a listing.

Mastercard and Binance have announced that they will suspend their cryptocurrency card services, in Argentina, Brazil, Colombia, and Bahrain starting from September 22nd.

Arrcus, the hyperscale Networking Software Company and a forerunner in centre, edge, and multi-cloud steering and exchanging foundation, today reported a significant achievement as associations with ITOCHU Techno-Arrangements Company, NEC Companies and Framework Reconciliation Enterprise (NESIC ) and APRESIA in its extension in the Japan market to all the more comprehensively convey forefront Networking arrangements.

Reliance Infrastructure and Reliance Power, which are companies, under the Anil Ambani group plan to raise ₹1,043 crore through shares from Reliance Commercial Finance.

IIT Bombay has recently received a donation of Rs 160 crore, from a donor. This significant contribution will be utilized to establish a Research Hub focused on Green Energy and Sustainability.