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.

US-based SaaS startup Clumio opens R&D center in Bengaluru

Clumio, a US-based data backup and recovery SaaS provider, announced the launch of the Clumio Research and Development Center in Bengaluru to begin operations in India.  The company said that the center will be an integral part of Clumio’s capability to build and deliver services on its cutting-edge platform built on AWS. Clumio leverages the…

NIIT named Top 20 Training Outsourcing Companies for 2020

NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced that it has been named to the 2020 Top Training Companies™ by Training Industry, Inc.  This is NIIT’s thirteenth consecutive year of being named to this prestigious list of leading companies for the training outsourcing sector of the…

Wipro names Thierry Delaporte as CEO & Managing Director

Wipro Limited, a leading global information technology, consulting and business process services company, announced the appointment of Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6, 2020. Thierry Delaporte replaces Abidali Neemuchwala to become the new CEO and MD. He will be based in Paris and report to…

Deepak M Satwalekar appointed to the Board of Wipro

Wipro Limited, a leading global information technology, consulting, and business process services company, announced the appointment of Deepak M Satwalekar to its Board of Directors for five years effective July 1 ,2020. In his new role, Deepak will serve as an Independent Director on the Board and will bring a wealth of experience to Wipro…

Coca-Cola and United Way Mumbai partner to provide PPE and Hygiene Aid Kits to the frontline warriors

Coca-Cola India announced that it has partnered with United Way Mumbai to augment healthcare initiatives in 48 public hospitals across eight states in the country.  The partnership has also committed to serve 65000+ public service personnel such as sanitation workers, police staff and community health workers across the nation. This initiative is a part of…

Gurugram-based Swiflearn raises seed funding from Stellaris Venture Partners, others

Swiflearn, a Gurugram-based e-learning startup, announced that it has raised seed funding from Stellaris Venture Partners and Venture Highway, with participation from Utsav Somani, Founder of AngelList India, according to YourStory report. The founding team will be guided by Rahul Choudhary and Priya Mohan, who represent Stellaris and Venture Highway respectively. Financial details of the…

HR-tech company Adrenalin eSystems appoints Suresh Kuppuswamy as Deputy CEO

Global HR software solutions company Adrenalin eSystems recently announced the appointment of Suresh Kuppuswamy as the company’s Deputy CEO. Prior to Adrenalin, Suresh was the CEO of Sterling Software Private limited, a CAMS subsidiary. In his new role, Suresh will be responsible for leading Sales and Delivery across geographies. Additionally, Customisation and Marketing will also…

Skybox Security appoints Charlie Velasquez as Chief Financial Officer

Skybox Security, a global cybersecurity management solutions provider, recently announced that it has appointed Charlie Velasquez as Chief Financial Officer. In his new role, Charlie will be responsible for overseeing the global finance team, and will be tasked with ensuring healthy profit margins and identifying new growth strategies. Charlie has more than 25 years’ experience…

IndoStar Capital Finance raises Rs1,225 cr equity capital from Brookfield

IndoStar Capital Finance, a Mumbai-based non-banking finance company registered with the Reserve Bank of India as a systemically important non-deposit taking company, announced that it has raised Rs 1,225 crore equity capital from Brookfield, according to an ET report. The investment by Brookfield in the retail-focussed NBFC is a combination of primary investment in equity…

FatPipe Networks appoints former Reliance Communications executive Praveen Shinde to lead India sales operations

FatPipe Networks, the inventor of software-defined wide area networking (SD-WAN) technology recently announced that it has appointed Praveen Shinde as Vice President of India Sales. Prior to joining FatPipe, Shinde was the Global Head of Data Services for Reliance Communications Ltd, India responsible for Sales of Data and Managed Services. Prior to Reliance Communications Praveen…

IISc partners with TalentSprint to launch Executive programs for individual learners

Indian Institute of Science, India’s leading institution for advanced education and research in sciences and engineering, announced that it has signed a multi-year partnership with TalentSprint.  Under this partnership, IISc has launched its debut program i.e. the Advanced Certification Program in Digital Health & Imaging. The program is targeted towards professionals keen to master cutting…

After Facebook and KKR, Microsoft looks to invest $2bn in Jio Platforms: Report

After US-based corporations like Facebook, General Atlantic and KKR invested heavily in Mukesh Ambani-led Jio Platforms, global tech giant Microsoft is reportedly in talks with the company for a potential investment of $2bn. Jio Platforms is the digital unit of Reliance Industries Limited. According to a LiveMint report, Microsoft has been in discussions with several…

Travel-tech startup Cabana raises $3.5mn in a seed funding round

Seattle-based travel-tech startup, Cabana recently announced that it has raised $3.5mn in seed funding round. The fundraiser was led by Craft Ventures, a San Francisco-based early-stage investing firm. The funding round also saw participation from Goldcrest Capital, Travis VanderZanden, CEO & Founder at Bird, and Sunny Madra, Vice President Ford X at Ford Motor Company.…

Edtech startup EduRev raises funding from former Facebook director Anand Chandrasekaran

EduRev, a Gurugram-based e-learning platform that provides students the freedom to learn what they want, announced that it has raised an undisclosed amount of funding from former Facebook director and Snapdeal senior executive Anand Chandrasekaran, according to a ETtech report. Founded in 2017 by Kunaal Satija and Hardik Dhamija, EduRev is an online marketplace for…