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.

Genesys appoints former Google, Microsoft executive Joyce Kim as Chief Marketing Officer

Technology company Genesys recently announced that it has appointed Joyce Kim as the company’s new Chief Marketing Officer. She will succeed Merijn te Booij, who now serves as General Manager for the company’s new business unit, Employee Engagement Solutions. As CMO, Kim will oversee worldwide marketing for Genesys and will directly report to Chief Executive…

Bengaluru-based e-mobility startup Yulu raises fresh funding

Yulu, a shared micro-mobility service provider using electric two-wheelers to reduce traffic congestion and air pollution in urban India, announced that it has raised Rs 30 crore in a fresh funding round, according to a VCCircle report. The current financing round has been led by Rocketship.vc, a US-based venture firm. Existing investors also participated in…

Vedantu invests $2 mn in doubt clearing platform Instasolv

Vedantu, a Bengaluru-based LIVE online learning platform that enables personalized learning, announced that it has invested $2 million in Instasolv, a doubt clearing app for students from Class 6 to 12, as the live online tutoring platform looks to grow its presence in Tier 3 and Tier 4 cities. The current investment is part of…

Amazon announces $2bn Climate Pledge Fund to invest in companies working for sustainable development

Online retail giant Amazon Inc recently announced The Climate Pledge Fund to support the development of sustainable technologies and services that will enable Amazon and other companies to meet The Climate Pledge—a commitment to be net zero carbon by 2040. This dedicated venture investment program—with an initial $2 billion in funding—will back visionary companies whose…

TCS’ digital solution helps Adani Ports in transforming Mundra operations

Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, announced that it has successfully deployed TCS DynaPORT, a state-of-the-art terminal operating system at the Mundra CT4 terminal for Adani Ports and Special Economic Zone (APSEZ) Limited, India’s largest private port operator and end-to-end logistics provider.  The deployment was completed remotely, while…

Healthcare startup DispatchHealth raises $136mn in Series C funding round

Mobile and virtual healthcare provider DispatchHealth recently announced the closing of $135.8mn growth capital financing. The Series C funding round was led by Optum Ventures, the venture capital arm of Optum healthcare. The funding round also saw participation from existing investors Alta Partners, Questa Capital, Echo Health Ventures, new investors Oak HC/FT, Humana Inc. and…

S3 Partners appoints fintech veteran Palak Patel as Chief Revenue Officer

Fintech and data compay S3 Partners recently announced the appointment of veteran fintech executive Palak Patel as the company’s Chief Revenue Officer. In this newly-created role, Patel will oversee Global Enterprise and Platform Business Development for the full suite of S3 products and report directly to Bob Sloan, Managing Partner of S3. A seasoned Capital…

Shadowfax to accelerate hiring to further strengthen its tech team

B2B logistics platform Shadowfax recently announced that it is planning to expand its technology team and will hire about 50 employees over the next two years. The new hirings will be done for technology experts and senior professionals for Bengaluru and Gurugram offices. In an official statement, the company said, “Shadowfax is focused on strengthening…

Trading platform Sparrow raises $3.5mn in Series A funding

Singapore-based options trading platform Sparrow recently announced that it has secured $3.5mn in Series A funding round. The company plans to use these funds to accelerate its platform development. The funding round was led by the HDR Group, owner and operator of BitMEX, with participation from Signum Capital, Du Capital and FinLab EOS VC. The…

CyberScout appoints global marketing executive Jeremy Barnett as Chief Marketing Officer

CyberScout, a global leader in cybersecurity and identity theft resolution services, announced the appointment of Jeremy Barnett as its Chief Marketing Officer.  In his new role, Barnett will be working closely with CyberScout’s U.S. and Global Markets teams to support growth, client engagement and product innovation. Prior to this role, Barnett served in Tokio Marine…

Goa-based 91springboard raises Rs45 cr funding from existing investors

91springboard, a coworking community of freelancers, startups and established small to large businesses, announced that it has raised Rs 45 crore in funding from its existing investors including Singapore-based marketing technology company Freakout and Shinsei Bank of Japan among others, according to an ETtech report. The Co-working startup said that it has reopened 14 of…

Octaware Technologies opens new software center in Bengaluru

Octaware Technologies Ltd, a software development, enterprise solution and consulting firm, announced the launch of its new office in Bengaluru, the IT hub of India, expanding operations and headcount. Octaware said that the new center will provide services to multinational customers for the establishment of captive development centers in India. This branch will house the…

Dunzo, LeadSquared partnership to boost expansion

Dunzo, a leading hyperlocal logistics company provides an alternative platform for offline and small businesses, enabling them with e-commerce logistics, inventory management, and demand prediction, announced that it has partnered with LeadSquared to bring greater efficiency in their process of onboarding new retailers on the platform and empower them with a wider reach and local…

TCS recognized as a Leader in IDC MarketScape for Digital Transformation services for Oil & Gas, EMEA

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, announced that it has been recognized as a Leader in the IDC MarketScape for EMEA Digital Transformation Services Providers for the Oil & Gas Industry.  “Energy companies across the world are shifting from being producers of fuel to providers of affordable,…