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.

Lunchbox bags $20 million in Series A funding

New York-based technology startup has secured $20 million in Series A funding round led by Coatue, 645 and Primary Ventures. Reshma Saujani, Girls Who Code founder, Founder of HelloFresh Bryan Ciambella, Robert Earl – Planet Hollywood Founder, Scott Belsky – Behance founder, others also participated in the funding round. The tech startup plans to use…

Retail tech startup Arzooo raises $7.5 million in Series A funding led by WRVI Capital

Arzooo, a Business-to-Business retail tech start-up, has secured $7.5 million in Series A funding led by venture capital firm – WRVI Capital. The Series A round also saw participation from Arzooo’s existing investors 3Lines Venture Capital and Jabber Internet Group, others. The retail tech company plans to utilise the raised funds to expand its operations…

AACC appoints Gagan Arora as Director-Education Committee of its Global Operations

AACC (Asian Arab Chamber of Commerce) has appointed Gagan Arora, CEO & Strategic Growth Leader of Vertex Global Services as their Director-Education Committee, as part of a consulting arrangement with the latter’s online Consortium – Vertex. Established in 2016, Vertex works as a Business Optimization Partner and helps optimize business operations starting from getting the…

Rebel Foods announces life cover policy for over 4200 employees

“We at Rebel Foods are a people-first organization, owing to which we have launched this insurance program to provide security for all our kitchen and store staff, permanent or part-time. ” – Raghav Joshi, Co-Founder & CEO India Business UnitInternet Restaurant Company, Rebel Foods has rolled out a life cover policy wherein they have insured…

IT services and consulting firm Synechron acquires Citihub Digital

“This acquisition continues to build on our depth of expertise in Digital Transformation consulting for financial services and insurance firms.”- Faisal Husain, Co-founder and Chief Executive Officer of Synechron Synechron, New York-based Digital Transformation consulting firm for the financial services industry announced the acquisition of Citihub Digital, a technology consulting firm. With Citihub Digital’s focus…

E-commerce platform Jumbotail raises $11 million in funding

Nexus Venture Partners, Jumbofund, Siddhi Capital, Pimpernal Holdings, Reaction Fund, HNIs and a few industry leaders also participated in the series B2 round.Wholesale online marketplace for Kirana Stores, Jumbotail has raised $11 million in series B2 funding round led by Heron Rock.  Nexus Venture Partners, Jumbofund, Siddhi Capital, Pimpernal Holdings, Reaction Fund, HNIs and a…

ACI Worldwide extends partnership with Aegean Airlines

Digital payment software and solutions provider, ACI worldwide has announced that it is extending its partnership with Aegean Airlines with the aim to drive further revenue growth and fight the growing threat of online fraud.  Aegean Airlines will enhance its online fraud management and prevention efforts by leveraging ACI Secure eCommerce solution. The solution offers…

WNS announces the launch of WNS’ platform suite

Business Process Management (BPM) Company, WNS announced the formal launch of its differentiated, domain-led hyperautomation platform suite. As per the announcement, by combining domain expertise, process intelligence, agile practices with hyperautomation enablement platform, WNS will help clients manage process complexity, create scalability and unlock higher value from their digital investment. In addition it will also…

Aurobindo Pharma to sell Natrol to New Mountain Capital

Aurobindo Pharma has announced that it has reached a definitive agreement to sell its subsidiary – Natrol LLC to New Mountain Capital, which will combine it with Jarrow Formulas. This transaction is expected to close by January 2021 subject to customary closing conditions and regulatory approvals. The pharma firm is looking to use the proceeds…

BCG collaborates with Microsoft to launch BCG’S Catalyst Cloud Solution on Azure

Boston Consulting Group announced the launch of the Catalyst Cloud data platform by BCG, powered by Microsoft Azure. This SaaS-based, scalable and extensible platform combines BCG’s Digital IP, business process acumen with Microsoft’s cloud computing capabilities in a next-generation platform that will help customers use AI and advanced analytics to manage their data, strategy and…

WAAREE Energies opens franchisee in Africa

India’s solar module manufacturer, WAAREE has strengthened its presence on the African continent by opening a franchise in Conakry with a new showroom that will be the focus single point of contact for all needs in Conakry. The company has supplied nearly 3.1 GW of solar panels to date worldwide and has commissioned over 600…

V.K. Singh appointed as Chief Operating Officer of Cadila Pharma

Ahmedabad based Cadila Pharmaceuticals has on-boarded V.K Singh as Chief Operating Officer of its Chemical Strategic Business Unit, which mainly focuses on Active Pharma Ingredients (APIs) manufactured in India. Mr Singh brings experience of over 20 years in the Pharma industry and will be based out of Ahmedabad.  V.K. Singh was last associated as Chief…

UFlex targets 400 new hirings over next six months

UFlex, a flexible packaging company based in India is planning to add over 400 new members to its team over next six months. The hiring plan will help the company augment manpower across their global operations and manufacturing facilities, and is aimed at supporting the companies expansion plans.