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Walmart Inc

Silicon Valley self-driving startup Gatik works with Isuzu to build delivery trucks
Business & Finance

Silicon Valley self-driving startup Gatik works with Isuzu to build delivery trucks

  • Gatik, which has raised nearly $30 million so far, said its trucks are owned by a major fleet operator which it isn't yet disclosing. So far it has been using the Ford Transit chassis for its existing fleet of autonomous delivery trucks.
  • Ford Motor Co Executive Chairman Bill Ford's venture capital fund Fontinalis Partners is an early investor in Gatik, according to Narang.
Published 06 Apr, 2021 10:14am
Walmart's Flipkart in early talks for US listing via SPAC deal
Business & Finance

Walmart's Flipkart in early talks for US listing via SPAC deal

  • The talks for a deal with a special purpose acquisition company (SPAC) are at a very early stage and could fall apart as no plans have been finalized yet, said the people, who declined to be named as the information is confidential.
  • India's largest renewable energy firm ReNew Power last month struck a deal with a blank-check company to go public in the United States, while SoftBank-backed online grocery startup Grofers has also held talks with SPACs.
Updated 04 Mar, 2021 09:51pm