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.

Bengaluru-based PhonePe raises $700 million as it becomes a separate entity

Flipkart, e-commerce marketplace, has announced a partial spin-off of PhonePe, digital payments platform. The development is made so that PhonePe can access dedicated capital to fund its long-term ambitions over the next three to four years. The partial spin-off also provides payments platform an opportunity to constitute a new Board of Directors focused on supporting…

Task force set up for technical education in Mother Tongue

The Union Education Minister – Shri Ramesh Pokhriyal ‘Nishank’ has set up a task force for preparing a roadmap on imparting technical education in Mother Tongue. He informed that the task force set up under the chairmanship of Secretary, Higher Education will take into consideration the suggestions made by various stakeholders and will submit a…

Infosys partners with AND to improve Digital Learning Experiences for People with Disability

Infosys, a consulting and digital services provider, has planned to focus on improving digital accessible learning experiences for people with disability. This announcement is build on Infosys’ ongoing commitment to building platforms and infrastructure for a diverse and inclusive workplace. Infosys Wingspan, a next-gen digital platform of Infosys will work towards building digitally accessible learning…

Wipro bags a multi-year contract from Verifone

Wipro Limited, a global information technology, consulting and business process services company, has won a multi-year contract from Verifone, payments and commerce solutions provider, to drive agility across its cloud services offerings. An announcement made by the company, states – Wipro will develop new features, capabilities and interfaces for Verifone’s Cloud Services offerings, enabling transaction…

Humus secures funds from Venture Catalysts, 9Unicorns among others

An Agri-tech startup, Humus that aims to solve the complex supply chain problems in the agricultural sector has raised undisclosed funds from integrated incubator and accelerator Venture Catalysts, 9Unicorns Accelerator fund and We founder’s Circle. “On behalf of Humus, we welcome the team at Venture Catalysts & We Founders Circle to join us in our…

DXC Technology and Microsoft collaborate to power modern workplace solution

DXC Technology has announced an expanded strategic collaboration with Microsoft to deliver a more modern workplace experience to help companies to address rapidly evolving business challenges and customer and employee needs. DXC and Microsoft are joining forces to deliver a solution and suite of services that, the announcement claims, will help companies to empower their employees…

Aampe bags $1.8 Million from Sequoia Capital India’s Surge

Aampe, a personalised messaging software start-up, has secured $1.8 million in funding from Sequoia Capital India”s Surge. Founded in July 2020, with customers across Asia – including India, Singapore, Myanmar, and Indonesia, Aampe uses machine learning to personalise messages and communication for customers, helping businesses drive better customer retention and growth. Paul Meinshausen, Co-Founder of…

Castrol India appoints Deepesh Baxi as new CFO and Wholetime Director

Castrol India Limited, automotive lubricants company, has announced that Deepesh Baxi will succeed Rashmi Joshi as Chief Financial Officer (CFO) and Wholetime Director, as she steps down from her current position on 31 December 2020. Deepesh who is currently Financial Controller for Castrol’s businesses globally will take up the role and join the Board on…

Cyble appoints Arnab Chakraverty as Director, Products to expand technical leadership

Cyble, a Cyber Threat Intelligence Service & Solutions provider, has appointed Arnab Chakraverty as Director, Products. Arnab comes with over 15 years of experience, including more than 12 years in the cybersecurity domain, and has been involved in the research and development of numerous cybersecurity products. His previous experience comes from working with organisations such…

Debenhams set to close without alternative offer, 12,000 jobs at risk

British multinational retail store operator, Debenhams is set to wind up its chain and shut down its 124 remaining stores without alternative offer, potentially putting the job of 12,000 employees at risk. The administrators made the above announcement a day after Arcadia Group of Sir Philip Green wound up its stores putting 13,000 jobs out…

NeoDocs raises funds from VC fund 9Unicorns and others

Neodocs, an IIT Bombay alumni founded, Artificial Intelligence-based Health Tech Platform, has raised funds from VC 9Unicorns along with two angel investors. Founded by Nikunj Malpani, Anurag Meena and Pratik Lodha, the Mumbai-based startup enables self-diagnosis through its AI-based technology as it aims to disrupt the healthcare sector. Apoorv Ranjan Sharma, cofounder and managing director…