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.
Slintel, a personalized recommendation platform for sales and marketing, raised $1.5 million in its seed funding round led by Stellaris Venture Partners. The round also saw participation from Accel. The startup was founded by Ranjana TN, Rahul Bhattacharya and Deepak Anchala in 2016. Earlier, the startup had raised funds from GSF Accelerator. The funds will…
Awign Enterprises, a tech platform to take up on-the-ground work from businesses, has raised $4 million in a Series A funding round led by Work10M, Michael and Susan Dell Foundation, Eagle10, and existing investors, Unitus Ventures. The company was founded by IIT-alumni Annanya Sarthak, Gurpreet Singh, and Praveen Sah in 2016.
Purplle.com (Purplle), an online space for beauty and wellness needs, has raised $30 million in series C funding round, led by Goldman Sachs. The round also saw participation from existing investors IvyCap Ventures, Blume Ventures, and JSW Ventures. The company was founded by Manish Taneja and Rahul Dash in 2012. The company had raised $10…
Ashok Leyland has appointed Vipin Sondhi as the new Chief Executive Officer (CEO) and Managing Director of the company for a period of five years from December 12, 2019 to December 11, 2024. In a BSE filing, the company said, “The Board of Directors at their meeting held on December 12, 2019, based on the…
Tata Consultancy Services, a leading IT services, consulting, and business solutions organization, has won the award for the Best Patents Portfolio in the Large (Engineering) Enterprises category at the Confederation of Indian Industry (CII) IndustriaI IntellectuaI Property Awards 2019. The CII Industrial Intellectual Property Awards aim to recognize enterprises which have embraced IP generation, protection…
Flipkart Head of Fashion Rishi Vasudev has resigned after a five-year stint with the company. He had joined Flipkart in November 2014. In a media statement, the company said, “He has played a key role in building and nurturing the fashion category at Flipkart over the past five years, and more recently, has led the…
Payoneer, the digital payment platform empowering businesses around the world to grow globally, announced today it has agreed to acquire optile, a Munich-based tech company that streamlines payment acceptance processes for merchants worldwide. Founded in 2010, optile’s open payment ecosystem puts merchants in control of their business with the flexibility to add payment options and…
Anupriya Acharya has been appointed the CEO, South Asia of Publicis Groupe after the current CEO Saurabh Varma, decided to move on from the group. He has decided to pursue other career opportunities and will be leaving Publicis Groupe after 17 years.
Wipro Limited has announced that it has won the ‘2019 SUSE Global System Integrator Partner of the Year’ award in two categories – Most Innovative Solution and Most Technical Certifications. The ‘Partner of the Year’ award, given out by SUSE honors companies that employ SUSE technologies and solutions while demonstrating excellence in technology platform design…
Mumbai-based asset finance company, Magma Fincorp Limited today announced that the company has raised INR 350 Crore by way of Non- Convertible Debentures (NCDs) from Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. (FMO), a Dutch Entrepreneurial Development Bank, to support the company’s on-going growth plans. The NCDs issued on a private placement basis are unlisted, redeemable,…
Alstom commenced the manufacturing of metro train sets for Mumbai Metro Rail Corporation (MMRC) at its factory in SriCity, Andhra Pradesh. The ceremony was preceded by Mr. Alain Spohr – MD, Alstom India & South Asia. The first metro train will be delivered by November 2020 after testing . Alstom’s overall contract with MMRC for…
TapChief, an online platform connecting professionals, freelancers and businesses, has raised a pre-series A round of $1.5 million led by Blume Ventures. The company was founded by Shashank Murali, Binay Krishna and Arjun Krishna in 2016. The platform allows professionals to network with others in their domain, sign up for freelance assignments. The platform also…
m.Paani, a local retailer digitization platform, has raised $5.5m in a Series A investment round led by AC Ventures, Henkel, Candy Ventures,along with angel investors Kevin Aluwi, CEO and Co-Founder of Gojek, Ryu Suliawan, and Suvir Varma. Existing investors Chiratae Ventures and Blume Ventures also participated in the round. The company was founded by Akanksha…
CreditAccess Grameen Limited, India’s leading NBFC-MFI has been awarded as the ‘Microfinance Organization of the Year’ at the prestigious 16th Inclusive Finance India Awards 2019 held in New Delhi. Krishnamurthy Subramanian, Chief Economic Advisor, Government of India and Surendra Rosha, Chief Executive officer, HSBC India presented the award on the inaugural day of Inclusive Finance…
Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has won the ‘2019 SUSE Global System Integrator Partner of the Year’ award in two categories – Most Innovative Solution and Most Technical Certifications. The ‘Partner of the Year’ award, given out by SUSE, the world’s largest independent…