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.

Ripplr raises an undisclosed amount seed funding

Ripplr, a full stack tech distribution company for new-age consumer brands, has raised an undisclosed amount in seed round funding led by 3one4 Capital and Sprout Venture Partners. The company was founded by Abhishek Nehru and Santosh D in June 2019.  The startup will utilize these funds to strengthen its tech and infrastructure.  In a…

Thomas Cook India wins Best Outbound Tour Operator at SATTE Awards 2020

Thomas Cook (India) Ltd., India’s integrated travel and travel related financial services company, was honoured with the Best Outbound Tour Operator 2019 award by SATTE, South Asia’s leading B2B travel and tourism trade exhibition. The SATTE Awards serve to recognise outstanding achievements and celebrate delivery of innovation and excellence by the Indian travel and tourism…

Charandeep David appointed Corporate VP, HR by Max Life Insurance

Life insurance company Max Life Insurance, hired Charandeep David for Corporate VP, HR. Prior to this, David was associated with OYO in the role of Head of L&D.  Charandeep has over 25 years of in-depth experience in L&D, talent development, change management, and knowledge transfer. She has worked with organizations such as British Airways, GE,…

Automation Anywhere appoints Yousuf Khan as CIO

Automation Anywhere, a global leader in Robotic Process Automation (RPA), has announced the appointment of Yousuf Khan as the company’s first Chief Information Officer. Khan will be responsible for leading and overseeing the vision, strategy and operations of Automation Anywhere’s IT department globally. Clyde Hosein, Chief Financial Officer, Automation Anywhere said, “Yousuf is a creative…

HashedIn Technologies gets AWS DevOps Competency Status

HashedIn Technologies Pvt. Ltd, intelligent SaaS, announced that it has achieved Amazon Web Services (AWS) DevOps Competency status. This designation recognizes that HashedIn provides proven technology and deep expertise to help customers implement continuous integration and continuous delivery practices or helping them automate infrastructure provisioning and management with configuration management tools on AWS. Achieving the…

GAIL to fund Start-Ups working in Renewable and Alternate Energy sources, invites Applications

In a bid to encourage Start-Ups operating in the area of renewable and alternate energy sources like Compressed Bio Gas production, GAIL (India) Limited has opened its 4″ round of applications for Solicitation of Investment Proposals from Start-Ups operating in the sphere. Ashutosh Karnatak, C&MD, GAIL said “we are enthused to support the Start-Up India…

Progentec raises $5 million in Series A funding round

Progentec, a leader in the development of nextgen diagnostics and digital therapeutics for the management of autoimmune diseases, has completed a $5 million Series A funding round led by Plains Venture Partners, the Oklahoma Seed Capital Fund and the Oklahoma Angel Capital Fund II, managed by i2E Management Company (Oklahoma City), with participation from NMC…

Elara Technologies raises $70 million in funding

Elara Technologies, a digital real estate marketing and transactions services firm, has raised $70 million from its existing investors NewsCorp and REA group. With this round of funding, it has raised $175 million so far from investors. The company was founded by Dhruv Agarwala in 2011. The company will use these funds to accelerate growth…

Axio Biosolutions raises ₹36 Cr in Series B-1 round of funding

Axio Biosolutions, a Medical device R&D and Manufacturing Company, has raised Rs 36 crore ($5.2 million) in Series B-1 round of funding led by Omidyar Network India, along with participation from existing investors Accel, University of California, Ratan Tata’s UC-RNT Fund, and Chiratae Ventures. The company was founded by Leo Mavely in 2008. The company…

R Ananthanarayanan joins Strides Pharma as CEO & MD

Strides Pharma Science Limited (Strides) on Thursday announced that it has appointed R Ananthanarayanan as Chief Executive Officer (CEO) and Managing Director (MD). His appointment has been approved by the BoD (Board of Directors) and will be effective from January 09, 2020. R Ananthanarayanan (Ananth) will succeed Arun Kumar, Founder, and the incumbent CEO &…

Vipps partners with TCS to accelerate Business Growth

Tata Consultancy Services, a global IT services, consulting and business solutions organization, has expanded its partnership with Vipps AS, Norway’s leading player in the payments and identification segment, to leverage TCS’ Machine First Delivery Model (MFDM) and cloud services to accelerate the latter’s growth and digital journey. TCS has played a vital role in Vipps’…

STL invests in 5G virtual Radio Access Innovator ASOCS

STL, a data networks innovator, has announced an investment in ASOCS, a developer of open, disruptive and virtualized Radio Access Network (vRAN) solutions, delivering 4G and 5G for cellular networks. As a part of the overall transaction, STL has acquired a 12.8% stake in the company (on an issued and outstanding basis) and Board representation.…

American Express appoints Megha Chopra as GM & VP

American Express, an American multinational financial services corporation, has appointed Megha Chopra as general manager and vice president, Global Commercial Services (GCS) India. Chopra will lead the company’s commercial services business, providing payment solutions to corporations throughout India. Prior to this, she was with Citibank. In a statement, Robert McClean, executive vice president, GCS International,…

Edtech company BYJU’S gets $200mn from Tiger Global at $8bn valuation

With the recent $200mn investment from Tiger Global Management, Byju’s valuation now stands at $8bn. Although Byju’s has confirmed on the transaction but declined to comment on specific details of the same.  As per a media report, two sources briefed on the developments, mentioned that Tiger Global, being one of the most influential investors in…