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.

Koch Industries completes acquisition of Infor

Koch Industries, Inc, an American multinational corporation based in Kansas, announced it has completed the acquisition of the remaining portion of Infor from Golden Gate Capital. The financial details of the deal remain undisclosed. Infor, a global leader in business cloud software specialized by industry, has been a key component of Koch’s technological transformation. Infor…

Cato Networks gets $77 mn investment from Lightspeed Ventures, others

Cato Networks, provider of the world’s first SASE platform, announced it has raised an investment of $77 million led by Lightspeed Venture Partners with the participation of Aspect Ventures, Greylock Partners, Singtel Innov8, U.S. Venture Partners (USVP), and Shlomo Kramer.  Post investment, the company’s total funding amounts to over $200 million. It comes on the…

Flipkart, Uber partner to deliver everyday essentials to consumers across three cities

Online marketplace Flipkart recently announced a partnership with Uber to provide people across Bangalore, Mumbai, and Delhi access to everyday essentials, amidst the ongoing national lockdown. This partnership will keep vital supply chains running and will address the growing needs of Flipkart customers to receive essential goods at their doorsteps every day. It will also…