Arya

Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

Cognizant to hire 23,000 freshers in 2021

Cognizant, an American IT services company, is aiming to hire 23,000 people from campuses in the year 2021, as according to a statement made by the recently appointed India managing director Rajesh Nambiar. Nambiar, was appointed in October as Chairman and Managing Director of Cognizant, India. He reports to Brian Humphries, CEO. His role entails…

Duff & Phelps acquires Blackrock Expert Services Group

Duff & Phelps, provider of governance, risk and transparency solutions, has announced the acquisition of Blackrock Expert Services Group, an expert advisory specialist firm of construction, technology, accounting and financial services professionals. Blackrock Expert Services Group will join Duff & Phelps’ Disputes Consulting practice. Giles Derry, CEO of the London-headquartered firm, will join the Disputes Consulting leadership…

Brookfield to acquire Everstone’s ITeS firm Everise

The Everstone Group has announced that it has reached an agreement to sell Everise, an Everstone controlled entity founded in partnership with Sudhir Agarwal led Sunrise BPO to Brookfield Business Partners and its institutional partners (Brookfield).  Sudhir Agarwal, Founder & CEO of Everise will continue in his role. Everise is a Singapore-headquartered, next-gen customer experience (CX)…

DealShare bags $21 million in Series C funding

Bangalore-based startup, DealShare has secured $21 million in Series C funding round. The round was led by WestBridge Capital, Falcon Edge Capital-managed Alpha Wave Incubation – a venture fund, Z3Partners, along with participation from existing investors Matrix Partners India and Omidyar Network India. “With this round of investment, we will augment our brand presence across…

Edtech firm Cuemath raises $40 million in funding

Education technology startup focused on mathematics, Cuemath has landed $40 million in Series C funding. The fresh round of funding was led by LGT Lightstone Aspada and Alpha Wave Incubation, managed by Falcon Edge along with participation from existing investors Sequoia Capital, Capital G – Google’s investment arm and Manta Ray. Earlier, the math learning…

Novotech Health Holdings appoints Anand Tharmaratnam as chairman

Novotech Health Holdings, the contract research organization (CRO) in Asia, named Anand Tharmaratnam as Chairman of the Board commencing 1 April 2021. Dr Tharmaratnam brings over 23 years experience in global drug development and the CRO industry. He was previously President Asia Pacific at IQVIA, a global provider of advanced analytics, technology solutions and clinical research services. Joel Thickins,…

Uber sells ATG self-driving unit to Aurora

Aurora has announced the acquisition of Uber’s self-driving unit, Advanced Technologies Group, to accelerate the development of the Aurora Driver. “By adding the people and technology of Uber’s Advanced Technologies Group to the incredible group we’ve already assembled at Aurora, we’re shifting the landscape of the automated vehicle space,” said Chris Urmson, co-founder and CEO…

Singapore Airlines and Vistara strengthen commercial partnership

Singapore Airlines and Vistara, a joint venture between Tata Sons Private Limited have signed a Commercial Cooperation Framework Agreement. This agreement will further strengthen SIA’s and Vistara’s existing partnership and enable them to offer services to their customers by harmonizing efforts in capacity planning, sales, marketing, joint fare products, customer services and operations. The agreement,…

ProLabs expands operations in Europe and India to meet demand

ProLabs, the independent supplier of fibre optic transceivers and high-speed cabling is expanding its European & India operations as a result of new business across UK, Germany, France, and India.   According to the statement by the company, the business has grown by over 100% year on year. Due to this, it has increased its manufacturing…

Atomberg Technologies lands Rs 70 crore in Series-B round

Mumbai-headquartered Atomberg Technologies, energy-efficient smart fans maker has secured Rs 70 crore in Series B funding round. The series-B funding round was led by A91 Partners along with participation from Suman Kant Munjal’s family office Survam Partners and Trifecta Capital. The hardware product company has raised $10 million in the previous round led by A91…

Wipro to roll out salary hikes from January 1

Wipro, global information technology, consulting and business process services company, is all set to roll out salary hikes for its junior employees (B3 and below) who are eligible, effective January 1, 2021. The junior band i.e. upto B3 comprises of 80% of its total 1.8 lakh employees. The employees at the mid-level i.e. C1 and…

Kiko TV bags funds from 9Unicorns, angel investors

Launched during the COVID-19 pandemic, after the Indian government’s ban on Chinese apps, Kiko Tv has secured undisclosed seed investment from 9Unicorns and angel investors including  Vinayak Srivastava, Saket Dandotia, Sunil Kumar Singhvi, and Srinivas Kotta. Shivam Varshney, Founder, KIKO TV, said on the investment, “We believe 9Unicorns and Dr. Apoorva Ranjan Sharma are ideal investors…

India’s FreshToHome attracts funding from ADIO funding

FreshToHome, has announced that it would receive incentives both financial and non-financial, from the Abu Dhabi Investment Office (ADIO). With the incentives received, the Bengaluru-based firm would increase its farming, supply chain and processing capabilities in desert agriculture and aquaculture in the UAE capital. ADIO’s partnership will aid the expansion of it’s land and sea…

Blum India names Nadeem Patni as the new Managing Director

Blum, manufacturer of furniture fittings from Austria, has announced the appointment of Nadeem Patni as the Managing Director of Blum India. In his new role, Nadeem will be managing business operations for Blum across South Asia including India, Nepal, Bhutan, Sri Lanka, and Bangladesh. He comes with over 16 years of professional experience who joined…

Indosat Ooredoo partners with Comviva to accelerate growth

Comviva, mobility solutions provider and Indosat Ooredoo, Indonesia’s mobile operator have announced a strategic partnership. As per the announcement – The partnership will help enhance Indosat’s customer first marketing capabilities through Comviva’s AI based advanced analytics and marketing automation solution. The MobiLytix™ Real Time Marketing platform will deliver contextual, in-the-moment, omni-channel marketing initiatives to enhance…