About Author : Pranali Mehta


Pranali Mehta

A chemical engineer by qualification, Pranali Mehta has dutifully walked down the slated path and worked in the chemicals industry for a year. Her passion for writing however, pushed her into experimenting with the same as a career. With over three years of experience in content writing, Pranali currently pens down insightful articles for BonafideNews and similar other portals. Apart from writing, she loves to watch movies and dabble in home décor.



Contribution by: Pranali Mehta

Mullen, Team Rosberg Engineering partner for FIVE EV Crossover

EV manufacturer Mullen Automotive, Inc. has reportedly announced a collaboration with German automotive and racing company Team Rosberg Engineering (TRE) GmbH on vehicle chassis and safety development for the startup’s FIVE EV Crossover Program...


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Cygni Energy nabs $12.5M to establish a new manufacturing facility in India

Cygni Energy, a Hyderabad-based next-generation energy storage company, has recently secured $12.5 million in a funding round which was a combination of equity and debt. Meridian Global Ventures headed the equity funding round, while the Indian Ov...


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Intuity Medical introduces POGO Automatic at Kroger Health Pharmacies

Intuity Medical, a firm that focuses on developing diabetes monitoring devices to make life easier for diabetic patients, has recently announced that its new device- POGO Automatic® Blood Glucose Monitoring System- is now present at Kroger Health...


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L&T to pump in $2.5B in 3-4 years for green energy value chain venture

Larsen & Toubro (L&T), an Indian engineering frontrunner, has reportedly announced its plans of investing up to USD 2.5 billion in the next 3 to 4 years in line with its commitment to work in the green energy value chain. The statement com...


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SODA adds new solutions to its existing PowerSchool portfolio

New Mexico-based School of Dream Academy, or SODA, has recently announced the addition of new PowerSchool solutions to its existing system. These programs include PowerSchool Ecollect Forms, PowerSchool Unified Classroom® Special Programs, and Po...


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Walmart to roll out matchmaker market for social media influencers

Multinational retail corporation Walmart has reportedly filed a trademark for "Walmart Creator" and "Walmart Creator Collective," enabling the delivery and promotion of goods and social media consulting services to others through ...


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Boston Scientific acquires Obsidio for oncology portfolio expansion

Boston Scientific Corporation has reportedly announced that it is planning to acquire Obsidio Inc., a private company which has developed the GEM Technology (Gel Embolic Material), used for the blood vessels’ embolization in peripheral vasculat...


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WuXi ATU - Janssen ink licensing agreement for TESSA technology

WuXi AppTec’s wholly owned subsidiary, WuXi Advanced Therapies and Janssen Biotech, Inc. have reportedly signed a licensing agreement. Under the terms of the deal, WuXi ATU will license its high-performance TESSA technology, which can produce 1...


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58% of infectious diseases connected to climate hazards- Study

According to a recent study in Monday’s journal Nature Climate Change, 218 or 58% of total 375 infectious diseases have worsened by one of the ten types of extreme weather conditions, like heat waves, flooding, and drought.  The study c...


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BRP advances EV plan, unveils Can-Am motorcycle lineup & Sea-Doo hydrofoil

BRP Inc., a leading recreational vehicle manufacturer, has reportedly introduced the first two models, Can-Am Pulse and Can-Am Origin of its Can-Am all-electric motorcycle portfolio. Building on its motorcycle legacy, the Canadian company is set to c...


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FDA provides green signal to Qorvo's rapid COVID-19 antigen testing in POC

Qorvo®, one of the significant connectivity and power solution providers globally, has recently declared that it has received the EUA (emergency use authorization) from the U.S. Food & Drug Administration (FDA) for its Qorvo Omnia™ COVI...


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VMG Catalyst concludes USD 400 million Fund II as a commerce leader

The venture capital firm, VMG Catalyst announced the closing of its Fund II at USD 400 million, making the total raised capital USD 650 million. VM Catalyst’s Founding Team comprises Partners like Jeff Truong, Carle Stenmark, and Brooke Kiley. ...


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Sysco donates $1Mn to Feeding America for supporting local food banks

Sysco Corporation, an American multinational foodservice distribution corporation, has recently announced a donation of $1 million to Feeding America® for supporting the local food banks in its operational communities. This donation will be al...


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ChatFood secures $3M in bridge round; seeks expansion in Saudi Arabia

ChatFood, a UAE-based commission-free ordering platform, has recently secured USD 3 million in a bridge round headed by Antler, a global early-stage venture capital firm, with a reserved amount for its key strategic partners in Saudi Arabia. 6G Ca...


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Reels advertisements at Meta crosses $1 billion yearly revenue run rate

Reels accounted for more than 20% of the time on the Meta platform Meta noticed a 15% increase in view time on Facebook's Reels video player alone Reels, a platform for creating short videos and a TikTok competitor, has reached an adver...


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McAfee, Visa expand partnership to offer online protection software

Leading computer security software company, McAfee has announced the expansion of its partnership with Visa, a world leader in digital payments, to allow Visa partners in the U.K. to provide award-winning online protection solutions to Visa Business ...


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Gemini Medical Technologies unveils new range of urodynamics systems

Gemini Medical Technologies, an expert provider of medical solutions to practitioners and patients, has reportedly introduced a new line of urodynamics equipment designed by MEDKONSULT Medical Technology (MMT), a renowned European urodynamic equipmen...


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Toshiba makes investment to boost silicon nitride ball production

Toshiba Materials has recently announced a major investment in a new silicon nitride balls manufacturing facility at the same location as its headquarters in Yokohama, Japan. With a budget that exceeds approximately $38 million, the project is exp...


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Enterome, Nestle Health Science partner to develop new immunotherapies

Enterome, a leading clinical stage biopharmaceutical firm has declared a strategic Research and Development license alliance and partnership with Nestle Health Science focusing on inflammatory bowel diseases and food allergies. Crucial to mention ...


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Huawei offers technology to support NGO-led research projects

Huawei has reportedly announced that it has provided its technology to non-governmental organizations (NGOs) in a bid to aid nearly 14 research projects focused on environmental conservation across 10 countries. As a part of the ‘Tech4All&rs...


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Australia’s Sydney all set to use AI technology to repair bumpy roads

New South Wales (NSW) has declared the deployment of a latest Artificial Intelligence (AI) technology that will revolutionize and automate the way the state’s roads are repaired and maintained. As per reports, the recently announced venture ...


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HealthNow, KonsultaMD, & AIDE collaborate to launch health super-app

Three Philippines-based companies, KonsultaMD, AIDE, and HealthNow are reportedly consolidating to facilitate healthcare services to Filipinos through a healthcare super-app. Ayala Healthcare Holdings Inc., Ayala Group’s healthcare arm throu...


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NABG, and others promote climate-smart agriculture to fight poverty

The Nigerian AgriBusiness Group (NABG), along with other stakeholders in the agriculture sector are working on different pathways to deploy climate-smart agriculture with the aim of improving crop yield, generating employment, and battling poverty in...


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NASA-awarded experiment could revolutionize artificial photosynthesis

A team of scientists from the University of California, Riverside, are now performing artificial photosynthesis – a process that typically uses water, sunlight, and carbon dioxide to produce energy and oxygen for plant growth – in order t...


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Farfetch Marketplace reports 94% increase in eco-friendly product sales

Farfetch, London based luxury fashion apparel platform, has announced a 94% increase in upcycled, recycled, and used products sold on its Farfetch Marketplace. As per sources, the conglomerate recently unveiled its Environmental, Social, and Gover...


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UAE launches cooperation programme with South Korea to support SMEs

UAE and South Korea have recently announced collaboration to drive entrepreneurship. The two nations represented by UAE’s Ministry of Economy’s National Programme for Small & Medium-Sized Enterprises (SMEs) and the Korea Developmen...


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Byju’s proposes $1B 2U acquisition; seeks business expansion into the US

Byju’s, an India based online education provider, has proposed an offer to purchase 2U Inc. in a cash deal worth $1 billion. As per sources, Byju’s offered $15 per share to 2U’s board the previous week. The proposal represents a ...


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World Bank sanctions $143M loan for improved energy efficiency in Uzbekistan

The Board of Executive Directors of the World Bank have approved a concessional credit worth $143 million for Uzbekistan. The funding will reportedly support a project which aims to enhance the regulatory and institutional framework in the buildings ...


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HCL expands Vancouver office with plans to hire 80 additional employees

HCL Technologies Ltd., the India based multinational company has announced taking over 9,000 square feet area at its present office on 580 Granville St., Vancouver.   As per sources, a representative of the company informed that it plans to b...


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HiveMinds joins Flipkart Health+ to boost digital healthcare in India

HiveMinds Innovative Market Solutions, the digital expert of Madison World has reportedly won the digital mandate for Flipkart Health+ following a multi-agency pitch that saw several rounds of presentations. The Walmart-owned Flipkart forayed into...


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Bajaj Finance and Worldline India to develop POS payments solutions

Bajaj Finance, the NBFC subsidiary of Bajaj Finserv Limited, has joined forces with Worldline- a global leader in payment services- to create point-of-sales (POS) payments offering effective solutions catering to its merchant network. Essentially,...


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UCSF rewarded $25M to investigate initial stages of cancer development

A best-in-class team of scientists and researchers co-led by Allan Balmain, Professor of Cancer Genetics at the University of California, San Francisco (UCSF), has been rewarded with $25 million by Cancer Grand Challenges for thoroughly investigating...


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Continental unveils second line of AMR for agricultural applications

German manufacturing company Continental has inked a partnership agreement with Dutch-Belgian technology company Octiva to design autonomous mobile robotic solutions for different use cases in the field of horticulture. The newly developed product...


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BMW & ONE ink agreement to integrate Gemini™ Dual-Chemistry into iX

Michigan-based energy storage company Our Next Energy (ONE) has reportedly inked an agreement with the BMW Group. The agreement will enable the integration of Gemini™ Dual-Chemistry battery technology from ONE into BMW’s all-electric Spo...


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Eating two servings of fish weekly increases skin cancer risk: Study

A new study conducted by US-based Brown University, has reportedly found a link between eating two portions of fish in a week to a higher risk of developing skin cancer. According to the UK National Health Service, consuming two portions of fish p...


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Holman announces investment in EV management software firm AmpUp

Global automotive services organization Holman has reportedly invested in AmpUp, a leading EV (electric vehicle) management software firm, through its venture capital division. The collaboration is expected to consolidate the industry-leading flee...


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NY bill to ban crypto miners from using fossil fuel power for 2 years

The New York State Legislature has reportedly approved a bill that would inflict a two-year ban on the usage of fossil-fuel power plants to energize crypto miners like Bitcoin. The bill outlines the state’s effort to minimize statewide green...


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China’s MG struck by stock supply shortages for the first time

MG China, a well-known Chinese automotive conglomerate and one of the fastest evolving car firms in Australia is reportedly facing bumps in its supply chain. In the past, MG has been unaffected by a chronic stock scarcity that has presently handicapp...


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Nox Health partners with Totem to introduce sleep health education

Leading sleep health provider Nox Health has reportedly partnered with benefits consulting service Totem. The two companies will work together to introduce sleep health resources and education to adults and employee dependents on the Totem Health Pla...


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FreedomInvesting.com unveils new platform facilitating passive income

FreedomInvesting.com, a private equity firm headquartered in Chicago has reportedly launched its new platform for allowing business professionals to generate passive income and retain time-efficiency by investing in real estate syndications. In line...


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UK-based Arley’s launches six mince-based gourmet meat alternatives

Arley’s, a plant-based brand by Arley Foods, has reportedly unveiled a new range of six mince-based meat options. The line features plant-based mince, chicken burgers, beef burgers, regular meatballs, pork sausages, and spicy meatballs. The n...


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Bhutan announces facing food scarcity and surge in domestic prices

Bhutan had reportedly imported cereals, mainly wheat and rice, worth $30.35 million from India in 2021. The country relies on imports to cater to the food requirements of the people Bhutan, a country with a population of almost 800,000 is confronti...


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Fortinet boosts threat detection & response with AI-based NDR service

American cybersecurity company, Fortinet has unveiled artificial intelligence (AI)-powered network detection and response (NDR) system, dubbed FortiNDR, as a part of its detection and response portfolio. Speaking on the AI service, John Maddison, CM...


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Natural Battery Technologies unveils new automotive safe batteries

Indian battery manufacturer, Natural Battery Technologies, has reportedly launched automotive safe batteries following a breakthrough in Lithium Iron Phosphate (LFP), Inverter Lithium Batteries for both residential as well as commercial use and Advan...


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