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.

Sanjiv Goenka led Firstsource enters strategic partnership with Uniphore

Firstsource Solutions Limited, a global provider of Business Process Management (BPM) services and a RP‐Sanjiv Goenka Group company, announced a strategic partnership with Uniphore, the global leader in Conversational Service Automation (CSA), to utilize its platform as an important component to Firstsource’s Digitally Empowered Contact Center (DECC).  The agreement centers on both Firstsource and Uniphore…

Rajiv Bansal joins as Senior Executive Director of Dalmia Bharat Group

Dalmia Bharat Group, a manufacturing conglomerate dealing in Cement, Sugar & Refractories has appointed Rajiv Bansal as Senior Executive Director in its Managing Director’s office, according to ET report. Prior to this role, Rajiv Bansal served DXC Technology, where he served as CFO of the company’s Americas business. Prior to DXC, he was CFO of…

PIF invests ₹ 9,555 cr in Reliance Retail Ventures

Reliance Industries and Reliance Retail Ventures have announced that The Public Investment Fund (PIF) will invest ₹ 9,555 crore for an equity stake of 2.04% into RRVL, a subsidiary of Reliance Industries.  This investment values RRVL at a pre-money equity value of ₹ 4.587 lakh crore. This investment will further strengthen PIF’s presence in India’s…

CMO and CIO partnership outcome – Human experience powered digital transformation: Infosys study

Infosys, a global leader in next-generation digital services and consulting, unveiled its market study titled, ‘CMO and C-Suite: The DNA of Partnership.’ This latest research by the Infosys Knowledge Institute focuses on how the pandemic has influenced CMO and CIO roles to converge and digitally transform multiple dimensions within an enterprise. The survey revealed that…

Persistent Systems named ISG Top 15 Sourcing Standout in Global, Americas and EMEA

Persistent Systems has been named a Top 15 Sourcing Standout by leading global technology research and advisory firm Information Services Group (ISG).  This recognition follows on from Persistent winning the ISG Star of Excellence Award in September, for achieving the highest cumulative customer experience score for the quality of its core technology services and a…

Ramesh Lakshminarayanan appointed Chief Information Officer of HDFC Bank

HDFC Bank, one of India’s premier banks that provides a wide range of financial products and services to its customers, announced the appointment of Ramesh Lakshminarayanan as new Chief Information Officer, according to ET report. Most recently, Lakshminarayanan worked with CRISIL, where he spent three years as Chief Technology and Information Officer. In CRISIL, Lakshminarayanan…

Cloud4C inks Global Silver Partnership Agreement with SNP Group

Cloud4C Services, a global leader in cloud services based in Singapore, announced it has signed a Global Silver Partnership Agreement with SNP Schneider-Neureither & Partner SE  (the SNP Group), a global leader in data transformation, to simplify the complex digital transformation of data and processes.  This alliance will offer compelling packages for accelerated adoption of…

Gully Network bags $1.2 mn in pre-Series A funding led by Venture Catalysts

Gully Network, a tech-enabled network of mid-sized grocery stores, announced it has raised $1.2 million in a pre-Series A funding round led by Venture Catalysts.  Inflection Point (IP) Ventures and DFAN (Digital Futurists Angels Network) also participated in the funding round. Founded in 2019 by Ajay Nain and Prateek Chaturvedi. Gully Network partners with existing…

Mumbai-based startup Traya raises seed funding led by Kae Capital, Whiteboard Capital

Traya, a healthtech startup announced that it has raised an undisclosed amount of seed funding from Kae Capital and Whiteboard Capital.  Angel investors Puneet Kumar from Steadview Capital and Suhail Sameer from BharatPe participated in the current seed funding round.  The startup will use the funds for research and development, expanding its product range, detailed…

Tech Mahindra join hands with Subex to roll-out blockchain based solutions for telecom operators globally

Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, and Subex, an industry leader in providing services based on Digital Trust, have announced strategic partnership to roll-out blockchain based solutions for telecom operators globally.  These solutions will enable fraud mitigation and drive operational efficiencies for communication service providers (CSP)…

Australia’s AGL Energy partners with TCS to drive its cloud transformation journey

Tata Consultancy Services, a global IT services, consulting and business solutions organisation, announced it has entered into a strategic partnership with AGL to deliver the latter’s organisation-wide cloud transformation program. The partnership is aimed at enabling AGL’s growth strategy and achieving its vision of becoming a digital utility of the future, TCS said in its…

Kewal Handa appointed Independent Director of BharatPe

BharatPe, the digital payments platform has announced the appointment of Kewal Handa as an Independent Director, according to ET report.  Prior to this, Handa was associated with Union Bank of India and Pfizer. Handa has served as Chairman of Union Bank of India and Managing Director of Pfizer. He has also been Independent Director at…

Noida-based Nucleus Software’s FinnOne Neo recognized by Aite Group

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, announced the recognition of its digital lending solution, FinnOne Neo by Aite Group, the world’s leading research and advisory firm for the financial services industry.  The report Aite Matrix: Transforming Consumer Lending Through Loan Origination Systems, from Aite…

VectivBio strengthens leadership team, appoints Aditya Venugopal as VP of Business Development

VectivBio, a global, clinical-stage biotechnology company developing transformational medicines for patients with serious rare diseases, announced the appointments of Sarah Holland, Ph.D., as Chief Business Officer and Aditya Venugopal, Ph.D., as Vice President of Business Development. Dr. Holland will be based in Switzerland and Dr. Venugopal will be based in the U.S., further expanding the…

Podcastle nabs $1.75 mn seed funding led by Sierra Ventures

Podcastle, a startup that converts text news and articles to a podcast, with very natural human speech using machine learning, announced that it has raised $1.75 million seed funding led by Sierra Ventures. Other investors that participated in the funding round include Andrew Ng’s AI Fund and Correlation VC.  Founded in early 2020 by Artavazd…