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.

PepsiCo names Dr. Pietro Antonio Tataranni as Chief Medical Officer

PepsiCo, has named Pietro Antonio Tataranni, MD as the company’s global Chief Medical Officer. Under this role, Dr. Tataranni will continue to oversee all aspects of the company’s efforts to protect its global workforce, products and communities in the face of the COVID-19 pandemic. He will also continue to lead PepsiCo’s Life Sciences strategy and…

NSE Academy acquires majority stake in ed-tech firm TalentSprint

NSE Academy Limited, a wholly owned subsidiary of the National Stock Exchange of India Ltd (NSE) announced acquisition of Deep Tech education firm TalentSprint Private Ltd.  Headquartered in Hyderabad, the ed-tech company is an education technology provider in the professional learning and executive education space. Its acquisition will augment NSE Academy’s objective to expand its…

XCHG Acquires Venus Technology Ventures

Xpansiv CBL Holding Group (XCHG) announced the acquisition of Venus Technology Ventures (Venus) in order to provide mobile access to users of XCHG’s water, environmental, and energy commodity trading platforms. New York-based Nathan Rockliff, XCHG Chief Strategy Officer, said – “The acquisition of Venus enables XCHG to expand its product offering, providing customers with real-time…

Talview rolls out Next Generation Remote Hiring with Interview Intelligence on Microsoft Teams

Talview launches Next Generation remote hiring with interview intelligence on Microsoft Teams. Founded out of the Microsoft for Startups incubator, Talview has had a relationship with Microsoft since its inception in 2017. Since then, Talview has worked to achieve its mission of Instahiring — creating the fastest way to a happy hire. Getting one step…

Zoom’s Founder Eric Yuan Invests in Bengaluru-based startup Arzooo

Business-to-Business retail tech start-up, Arzooo has secured an undisclosed sum from Zoom’s Founder Eric Yuan and venture capitalist, Bill Tai.  Arzooo.com is Zoom meeting app’s founder, Eric Yuan’s first investment in India meanwhile Bill Tai has been a VC since 1991 and has had 22 of his startups become listed companies. Prior to Arzooo, he…

Hinduja Global Solutions to hire 3,200 people

The BPO arm of the Hinduja Group, Hinduja Global Solutions is looking to hire 3,200 people in the second quarter of the current fiscal year. The recruitment plan follows the strong deal pipeline that the company sees across various segments. HGS Global Chief Financial Officer Srinivas Palakodeti stated – , “We expect to hire around…

MindTickle raises $100M Funding Led by Softbank Vision Fund 2

MindTickle, Sales Readiness platform, has raised $100 million in a combination of equity and debt financing, led by Softbank Vision Fund 2¹ to prepare customer-facing employees everywhere to drive revenue growth.  The round also saw participation from existing investors, Norwest Venture Partners, Canaan, NewView Capital, and Qualcomm Ventures. The  Sales enablement platform seeks to use…

EY India acquires IIT alumni backed AI startup

EY India, a provider of assurance, tax, strategy, transaction and consulting services has acquired IIT alumni backed AI startup Spotmentor Technologies.  With the acquisition, the professional services firm seeks to add in its product offerings, emerging technologies such as artificial intelligence and machine learning to help organizations.  The Gurugram-based software platform uses Natural Language Processing…

Y Combinator-backed startup Truebill secures $17M in Series C Funding

Maryland-based Truebill,personal finance and savings app has secured $17M in Series C Funding. The series C funding round was led by Bessemer Ventures and also saw participation from Day One Ventures, Eldridge Industries, Cota Capital, and Firebolt Ventures. The personal finance startup seeks to utilise the funds to further accelerate its operations and reach. Founded…

Universal Sompo General Insurance appoints Nilesh Mejari as CFO

Universal Sompo General Insurance, a joint venture between Indian Bank, Indian Overseas Bank, Karnataka Bank, Dabur Investments Corporation and Sompo Japan Insurance ropes in Nilesh Mejari from German reinsurer, Munich Re India Ltd as its CFO, effective 11th November, 2020. Mr. Nilesh Mejari is a qualified Chartered Accountant and a finance professional with over 19+…

IIM Lucknow attains 100% summer placements

IIM Lucknow has announced the successful completion of its Summer Placements for the 2020-2021 cycle, for the 36th batch of PGP and 17th batch of PGP-ABM students. The students were placed  across a multitude of roles in Marketing, Consulting, Finance, and General Management with recruiters from across the country. The process of recruitment was conducted…

BankBazaar to hire 500 people by March; announces pay hikes

Fintech Company, BankBazaar has announced hiring of more than 500 people by March of the coming year as it looks for growth in the FY 20-21. Along with hiring plans, the company also seeks to introduce salary hikes for its employees by January. The company stated that majority of the 500 hires would be for…

SVL bags 25 million euro for Neev-II Fund from European Investment Bank

SBICAP Ventures Limited (SVL), an alternative asset manager and a wholly owned subsidiary of SBI Capital Markets Limited has raised 25 million euro from European Investment Bank (EIB).  Eight low-income and developing states including Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Rajasthan, Uttar Pradesh and West Bengal is eyed by SBICap Ventures for investment while focusing…

SaaS firm Zoho partners with Tata Consultancy Services

Global technology Company Zoho has announced a strategic alliance with Tata Consultancy Services (TCS) to provide superior Customer Relationship Management, IT Service Management and e-Commerce solutions to solve problems for large businesses. The partnership will bring together the breadth and depth of Zoho’s product portfolio with TCS’ experience and domain expertise in technology-led consulting and…

Cisco ropes in R. Scott Herren as Executive Vice President and Chief Financial Officer

Cisco has appointed R. Scott Herren as executive vice president and chief financial officer to maximize long-term shareholder value and build recurring revenue. He will join the company on December 18, 2020. Herren will report directly to Cisco Chairman and Chief Executive Officer Chuck Robbins. He will succeed Kelly Kramer who will retire after serving…