HrNxt Newsdesk

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.

Sudhakar Kesavan to Retire as ICF Executive Chairman

The board has approved a succession plan that appoints John Wasson, President and CEO, to the additional position of chairman of the board, effective January 1.Global consulting and digital services provider, ICF has announced that Sudhakar Kesavan will retire from the company’s board of directors on December 31. The board has approved a succession plan that appoints John Wasson,…

Burnout, job security and safety – key concerns among employees in the COVID pandemic: REPORT

The COVID-19 pandemic has stimulated a change in working practices, as a result, employees now show concerns for their mental health along with safety and stability. According to recent study, Hindsight 2020: COVID-19 Concerns into 2021, by The Workforce Institute at UKG – Burnout and concerns about job security and safety are weighing on workers. The…

Capgemini to hire qualified women from rural areas

Capgemini, French IT firm to bring educated women from rural areas into its workforce. The lessons from the coronavirus pandemic has led the firm to start hiring women from rural areas who are qualified but are unable to pursue career because of an inability to relocate as software engineers, according to a senior official.  The…

IBM to Acquire Instana as Company Continues to Advance its Hybrid Cloud and AI Strategy

IBM has signed a definitive agreement to acquire Instana, an application performance monitoring and observability company. The acquisition will help businesses better manage the complexity of modern applications that span the hybrid cloud landscape. Today’s news further advances IBM’s Hybrid Cloud and AI strategy and strengthens its AI-powered automation capabilities. Financial details were not disclosed.…

Foodtech startup Thrive raises pre-Series A investment

Foodtech startup, based in Mumbai, Thrive has secured an undisclosed Pre-Series A investment from Whiteboard Capital and Ahimsa Capital. The firm plans to use the funds raised to augment its product offering and to add new restaurants to its platform. To make Thrive more accessible to restaurants that are small or independent, the startup will…

Padre Media acquires India-based consumer tech site and Youtube channel guiding tech

Padre Media has announced its latest acquisition of – Guiding Tech, a how-to site for all things tech. The acquisition also includes top global YouTube channels Guiding Tech and GT Hindi, among others. Padre Media owns and operates a portfolio of digital publishing businesses which help readers navigate today’s complex and exciting world of tech, gadgets,…

BLEND360 appoints Amit Deshpande as Regional Leader

BLEND360 has appointed former Epsilon Data Science Executive Amit Deshpande as regional leader and client solution partner of the Southeast and Southwest Regions.  In this role, he  will drive growth for their data science and strategy business. Located in Dallas Texas, Deshpande is in a position to develop BLEND360’s client base, helping expand relationships for…

Upwork appoints Sam Bright as New Chief Product & Experience Officer

Upwork, a work marketplace, has named Sam Bright as its new Chief Product & Experience Officer. He is a senior operating executive with over 16 years of extensive experience scaling technology teams, businesses, and customer experiences.  Prior to joining Upwork, Bright was the Vice President and General Manager of Verticals at eBay and had P&L…

True Balance bags $28 mn from SoftBank Ventures Asia, others

A mobile financial platform developed by Gurugram-based Balancehero India Pvt. Ltd has raised $28 million in series D funding round. SoftBank Ventures Asia, Naver, BonAngels, Daesung Private Equity, and Shinhan Capital participated in the funding round. Headquartered in Seoul and Gurgaon, the fintech firm has raised about $90 million to date. The firm will use…

MoneyTap ropes in Ashutosh Dabral as chief product officer

Instant loan service provider, Moneytap has appointed Ashutosh Dabral as its new chief product officer. Under this role, Dabral will continue to build financial products and will focus on providing a good user experience for borrowers who are looking for financial support from the platform.  Prior to MoneyTap, he co-founded Hush, a startup funded by VC…

Delhi Daredevils CEO Hemant Dua joins Do Your Thng

Do Your Thng (DYT), a content marketplace, announced the addition of entrepreneur Hemant Dua to their leadership team. Hemant Dua joins DYT as the co-founder and Chief Growth Officer. He brings with him experience in strategy, nurturing talent, consumer behaviour and business development with the likes of Delhi Daredevils, Octagon, and BRC Group. Dua has…

Indian healthtech firm – Clinikk raises undisclosed funds

Indian Healthcare start-up, Clinikk has raised undisclosed funds in its Pre-Series A funding round from Emphasis Ventures, a financial technology Venture Capital Company.  The round also saw participation from existing investors – Times Internet, WEH Ventures, First Principles and 500 Startups’ 500 Durians fund. Angel investors including former product vice president at Google, Anjali Joshi…

Wadhwani Foundation salutes the indomitable spirit of female entrepreneurs in the country

 Women’s Entrepreneurship Day 2020 A Not-for-profit – Wadhwani Foundations advocates the importance of fostering women entrepreneurship in India by adopting measures that will tap into the enormous untapped potential of new woman-led businesses. Only a quarter of India’s workforce is female as against a global average of 49%, and it is clear that India’s growing entrepreneurial landscape…