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.

Wipro recognized as a leader in AI consultancies by Forrester Research Inc.

Wipro Limited has been recognized as a ‘Leader’ by global research and advisory firm Forrester Research Inc. in its report, “The Forrester WaverM: Al Consultancies, Q3 2019”. The firm evaluated participating companies by researching, analyzing and scoring them on 23 different criteria across three main categories – current offering, strategy and market presence. The report…

Kotak Life Insurance, InstantPay join hands to insure Indians

InstantPay, inclusive and neo Banking platform, has entered into a strategic partnership with Kotak Mahindra Life Insurance Company Limited to reach out to the billion uninsured and under-banked population of India, including the urban migrant. This alliance will not only bring insurance to the first time consumers, but will also digitally empower the semi urban…

Samsung partners with IIT-Guwahati to set up Innovation Labs

Samsung India has inaugurated the Samsung Digital Academy at IIT-Guwahati, to strengthen the government’s Skill India mission and also bolstering the Digital India initiative. The Samsung Innovation Lab at IIT-Guwahati will train students on Internet of Things (IoT), Embedded Systems, Artificial Intelligence and Machine Learning, helping them learn industry-relevant skills and making them job-ready. Samsung…

Observe.AI raises $26 mn in Series A round

Observe.AI, the leader in AI-powered agent enablement for voice customer service, has rasied $26 million Series A round led by Scale Venture Partners, with participation from Nexus Venture Partners, Steadview Capital, 01 Advisors, and Emergent Ventures. The company was founded by Akash Singh, Sharath Keshava, and Swapnil Jain in 2017.

Walmart and Flipkart invest in India’s fresh produce supply chain startup Ninjacart

Walmart and Flipkart has announced a joint strategic investment in Ninjacart, the innovative startup disrupting India’s fresh produce market with its made-for-India business-to-business (B2B) supply chain infrastructure and technology solutions. The transaction is expected to close by this year-end. The company was founded in 2015. Partnering with Ninjacart will help Walmart and Flipkart strengthen direct…

The Moms Co. raises $5 mn in Series B round

The Moms Co., mother and baby care-focused consumer goods startup, has raised $5 million in Series B round from renowned FMCG investors Saama Capital, DSG Consumer Partners, and others. The company was founded by Malika Sadani in 2017. The funds will help the startup to add new products, strengthen its technology and expansion of its…

TCS iON to empower Kerala Youth with future-ready job skills

TCS iON, a strategic unit of Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, announced a partnership with the Additional Skill Acquisition Programme (ASAP), an initiative of the Higher Education Department of the Government of Kerala, to empower the youth of the state with new-age, future-ready proficiencies to meet…

Infosys awarded UN Global Climate Action Award in ‘Carbon Neutral Now’

Infosys, a global leader in next-generation digital services and consulting, was presented with the prestigious United Nations Global Climate Action Award in the ‘Climate Neutral Now’ category at the UN Climate Change Conference (COP 25) in Madrid, Spain.  Infosys won the award for its carbon neutral program, which delivers scalable, innovative and practical climate actions…

Future Supply Chain and Nippon Express strategic partnership aspires to be India’s leading logistics player

Nippon Express Co., Ltd. acting through its subsidiary Nippon Express (South Asia & Oceania) Pte. Ltd. and Future Supply Chain Solutions Limited (FSC) have signed a Business Collaboration Agreement (BCA) to jointly explore growth opportunities for new and existing customers based on their strategic partnership and business collaboration and expand revenues for both companies. The…

Friday Health Plans signs agreements for $50 mn in funding

Friday Health Plans, a Denver-based health insurance holding company, announced that it has signed agreements that will provide up to $50 million of funding to the company. The funding from Peloton Equity and Leadenhall Capital Partners will support Friday’s expansion in Colorado and into new markets with a focus on individual and small group health…

Infosys recognized as ‘Top Employer’ in Australia, Singapore and Japan for 2020

Infosys, a global leader in next-generation digital services and consulting, has been certified by the Top Employers Institute as a 2020 ‘Top Employer’, in recognition of its excellence in employment practices across Australia, Singapore and Japan. Organizations certified as Top Employers dedicate themselves to providing the very best working environments for employees through their progressive…

GRC enters India to expand its operations in the Asian market

GRC (Green Revolution Cooling), the leader in immersion cooling for data centers, has announced it is increasing operations in the Asian market with the opening of offices in New Delhi, India on January 1, 2020. The office will be led by GRC’s Dhruv Varma, who is relocating from the US to New Delhi, India where…

Salesforce brings TrailheaDX to India for the first time

Salesforce, the global leader in CRM, has announced bringing of its flagship developer conference TrailheaDX to Bengaluru on December 19 – 20, 2019. For the first time, the event is being held outside of the US and is a must-attend conference for anyone who develops on the Salesforce platform or wants to learn more about…

O4S raises an undisclosed amount in an extended Pre-Series A round

O4S, a three-year-old Gurugram-based SaaS Company, has raised an undisclosed amount in an extended Pre Series A funding by strategic investors. The investors include Amit Singhal, former head of Google search, Subhrakant Panda, CEO, MD at Indian Metals & Ferro Alloys Ltd, Siddharth Bhavnani, Founder at Antares Legal and Bikram Singh Bedi, President Strategy and…

dunnhumby India Launches Flexible Work Plan That Works for You

dunnhumby, the global leader in customer data science, has rolled out a new pioneering flexible work plan well ahead in the industry. As per this plan dunnhumby India will offer a range of benefits such as flexi-shifts, flexi-place and flexi-part time arrangement including an enhanced paternity leave. The new plan from dunnhumby covers a variety…