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.

KPMG in India and NIIT Launch the KPMG NIIT Finance Academy

KPMG in India, a leading professional services firm and NIIT Limited, a global leader in Skills and Talent Development, have entered into an exclusive partnership to launch the KPMG NIIT Finance Academy in India for building skills and talent for Finance of the Future. This was announced on the side-lines of Confluence 2019, NIIT’s annual…

Freshworks Secures $150M Funding and Accel at $3.5 Billion Market Valuation

Freshworks Inc., the customer engagement software company, has secured the signing of definitive agreements for a $150 million series H round of funding at a post-financing valuation of $3.5 billion. The round was led by existing investors Sequoia Capital, CapitalG, and Freshworks’ first investor, Accel. The company was founded by Girish Mathrubootham and Shan Krishnasamy…

Smarten Spaces Secures $12M Series A Funding

Smarten Spaces, a Singapore Headquartered company, has raised close to a $12M Series A investment round. The new investment was made by leading Asia investor Symphony International Holdings Limited (Symphony). The company was founded by Dinesh Malkani, Anushka Verghese and Prithvi Shergill in 2017  The Smarten Spaces platform is quite unique in the industry as…

Deepak Malhotra appointed as a Director on Azure Power Global’s Board

Azure Power, a leading solar power producer in India, announced that Deepak Malhotra, Director, Infrastructure, South Asia at Caisse de dépôt et placement du Québec (CDPQ), was appointed to its Board of Directors, taking CDPQ’s total number of board seats to two. CDPQ, a long-term institutional investor that manages funds primarily for public and parapublic…

Recruiter exchange CBREX raises $1.1M funding

CBREX, an AI driven Exchange that used AI /ML to match jobs posted by employers to specialist recruiters/recruiting firms anywhere in the world, has raised $1.1 million in equity funding from a few Indian high net worth investors. The company was founded by Gautam Sinha in 2015.  The startup will invest the funds in business…

Executive Education Programs from Michigan State University Coming to India

Times Professional Learning, an education initiative by The Times of India Group and the Broad College of Business, Michigan State University (MSU), has announced an agreement for the delivery of MSU online executive education programs for businesses and professionals in India. Starting December 2019, Times Professional Learning, under its vertical The Second Wind (TSW), will…

Coolberg Raises $3.5 Mn Funding

Coolberg, which offers malt-based, flavored non-alcoholic beers, has raised $3.5 million in  Series A round led by RB Investments (Singapore-based family office) and its existing investor, India Quotient. The round also saw participation from Ashish Goenka, chairman of Suashish Diamonds Ltd, and a pool of investors from Indian Angel Network (IAN). The company was founded…

SpeakIn Finds its Latest Investor in Aditya Ghosh, CEO South Asia OYO

One of Asia’s tallest Expert Networks to have been born out of India, SpeakIn is delighted to announce the latest round funding by none other than Aditya Ghosh backed Homage Ventures. Aditya Ghosh is one of India’s most celebrated and well respected business leaders known for his penchant for consumer business and encouraging disruptive business…

AI-Driven Health Benefits Platform ekincare Raises USD 3.6M

ekincare, a health benefits platform that helps companies administer benefits efficiently, optimize their healthcare spends, has raised USD 3.6M in a Series A funding round led by a new investor, with participation from existing investors including Venture East, Eight Roads and Touchstone equities. The latest round takes the total funding raised by ekincare to $5.6M.…

Teleperformance in India Recognised as Best Employer 2019

Teleperformance in India has announced that it has been recognised as an Aon Best Employer, which is now known as Kincentric Best Employer, for the sixth consecutive year as part of the Best Employers global certification. With almost 20 years of experience in Best Employer research across the world, backed by more than 50 years…

Nucleus Software appoints Prakash Purushottam Pai as Chief Evangelist Officer

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, has appointed Prakash Purushottam Pai as its Chief Evangelist Officer.  As the Chief Evangelist Officer, Prakash will take on the responsibility of communicating effectively the unprecedented value of the company’s award winning solutions. He will play a key…

BookingJini raises Rs 3 Cr in seed round

Bookingjini, a Startup that focuses on Empowering Hotels from all aspects to guarantee Top-line and Bottom-line growth, has raised Rs 3cr in seed round led by Mumbai Angels Network. The deal was led by Apurva Salarpuria, and 18 other investors took part in the round. The company was founded by Sibasish Mishra in 2016.  The…

eBikeGo raises USD 300,000 Funding Led by Startup Buddy

eBikeGo, an electric two-wheeler rental startup has raised $300,000 round led by Startup Buddy. The round also saw participation from other investors like Singer Sukhbir Singh, Rajesh Sawhney (Co-Founder of Innerchef), Rohit Chanana (Founder, Sarcha Advisory), Siddartha Ahluwalia (Founder of 100x Entrepreneur), Boudhik Ventures, Milind Garud, Arun Gholap, Shantanu Vinekar and other senior corporate executives.…

PeopleStrong appoints ex-Aon Hewitt CEO Sandeep Chaudhary as President

PeopleStrong has appointed Sandeep Chaudhary, former CEO of Aon Hewitt, as President and member of the board for PeopleStrong. PeopleStrong is a leading Enterprise Work Technology company from India, that is enriching experience at work for over 250+ customers and over 750,000 users globally and was founded in 2006 by Pankaj Bansal. Sandeep will be…