News Desk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

Rimini Street appoints Steve Hershkowitz as Chief Revenue Officer

Rimini Street, Inc., a global provider of end-to-end enterprise software support, products, and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced the appointment of Steve Hershkowitz as its new Chief Revenue Officer (CRO). “Steve’s leadership and extensive experience scaling businesses to deliver top-line growth will expand…

Congruent Solutions appoints Mahesh Natarajan as Chief Revenue Officer

Congruent Solutions, a leading provider of Software-as-a-Service (SaaS) and outsourced plan administration services to the retirement industry in the U.S., announced the appointment of Mahesh Natarajan as its Chief Revenue Officer. Natarajan is an acknowledged techno-business leader in the insurance and retirement industry, having spent over 25 years with Cognizant (NASDAQ: CTSH), serving clients in…

Provident Housing secures Rs 1,150 cr investment from HDFC Capital

Provident Housing Limited, a wholly owned subsidiary of Puravankara Limited – one of India’s most trusted and admired real estate companies, announced a significant deal with HDFC Capital. The INR 1,150 crore investment marks a milestone in the company’s journey of growth and expansion. This strategic collaboration will add an additional 6.2 million square feet of new…

WNS names Arijit Sen as CFO

WNS (Holdings) Limited (WNS), a leading provider of global digital-led Business Process Management (BPM) solutions, announced that Arijit Sen, the company’s Corporate Financial Controller, has been appointed Chief Financial Officer (CFO) effective July 25, 2024, succeeding Sanjay Puria who has chosen to step down for family reasons. Sanjay will remain with WNS in an advisory…

Endimension Technology raises Rs 6cr pre-Series A round led by Inflection Point Ventures

Endimension Technology, a healthcare AI startup has raised INR 6 Crore in Pre-Series A round led by Inflection Point Ventures. Other investors in this round include Sucseed Indovation, SINE IIT Bombay and individual angel investors. Endimension Technology, incubated at IIT Bombay, is driven by the vision to harness AI technology in radiology, ensuring early and precise diagnosis…

Kulfi Collective appoints Divya Karani as Chairperson

Kulfi Collective, a leading creative network in India that functions at the intersection of content, community and culture, has announced the appointment of Divya Karani as Chairperson and Executive Director of its Board. Divya’s three-decade journey has shaped her into a pivotal figure in steering some of the largest advertising and media groups across India,…

IBM to acquire HashiCorp, Inc.

IBM and HashiCorp Inc., a leading multi-cloud infrastructure automation company, announced they have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities to enable organizations to automate…

UST announces acquisition of Strativity Group

UST, a leading digital transformation solutions company, announced that it has acquired Strativity Group, a boutique strategy consultancy specialising in customer-centric transformations. Strativity is renowned for delivering customer experience strategy, design, innovation, change management, and operating models through adopting an insight-led approach that creates competitive advantage and tangible value creation, a statement said. UST and Strativity share a…

UiPath Expands India Footprint with New Data Centers in Pune and Chennai

UiPath, a leading enterprise automation and AI software company, announced the launch of two new data centers in Pune and Chennai, as part of its global expansion initiative. UiPath Automation Cloud will offer enhanced services to customers and partners in the Indian market, ensuring strategic positioning of infrastructure, applications, and data, a statement said. The launch of…

Deluxe appoints Pandi Alagu Raja Mahamuni as Head – People & Culture

Deluxe, an entertainment media organisation, has appointed Pandi Alagu Raja Mahamuni as the Head of People and Culture, according to ETHRWorld report. “I am thrilled to announce that I have started a new position as Head – People & Culture in Deluxe,” Mahamuni shared in a LinkedIn post. Prior to joining Deluxe, Mahamuni was associated…

Happiest Minds Technologies to acquire PureSoftware Technologies

IT company Happiest Minds Technologies Limited announced today that it has signed definitive agreements to acquire 100% of the equity share capital of PureSoftware Technologies Private Limited(PureSoftware) for a total purchase consideration of US $ 94.5 Million (₹779 Crores) (Upfront of ₹635 Crores on closing and deferred of upto ₹144 Crores payable at the end…

LetsTransport raises $22 mn funding led by Bertelsmann

Truck aggregator startup LetsTransport has raised $22 million in a funding round led by Bertelsmann India Investments, according to the ETtech report. The round also saw participation from Rebright Partners, NB Ventures, ALES Global, Stride Ventures, CAC Capital and others. The funds will be used for expanding market presence, scale adjacent business verticals and to…

Tiger Logistics India appoints Madhusudan Jhunjhunwala as CFO

Tiger Logistics (India) Limited announced the appointment of Madhusudan Jhunjhunwala as Chief Financial Officer of the company, with effect from April 24, 2024. He succeeds Benu Malhotra, who has resigned from the position of CFO, with effect from 24th April, 2024. According to the company’s exchange filing, “We wish to inform you that Board of…

Veera promotes Aniruddha Jaju to Head of Revenue

Veera, India’s first mobile-only internet browser, has announced the elevation of Aniruddha Jaju to Head – Revenue at the company. Aniruddha, a graduate of IIM-Ahmedabad with over 12 years of rich and diversified experience, started his journey with Veera as Chief of Staff, showcasing exceptional leadership and strategic acumen. His promotion to this pivotal role…

InfoVision appoints Radhika Venkatraman to its Advisory Board

InfoVision Inc, a global digital services company headquartered in the United States, announced the appointment of Radhika Venkatraman to its Advisory Board. Venkatraman brings extensive experience in technology leadership and business acumen to InfoVision’s executive leadership panel, promising to be a catalyst for innovation and growth, a statement said. With an impressive career track that…