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 to acquire US-based Eximius Design

Wipro Limited, a global information technology, consulting and business process services company, announced that it has signed a definitive agreement to acquire Eximius Design, a leading engineering services company with strong expertise in semiconductor, software and systems design. Eximius provides end-to-end solutions and services for building smarter, smaller and faster connected products for various use…

Sudha Murty’s tenure as Chairperson of Infosys Foundation extended until December 31, 2021

Infosys Foundation, the philanthropic and CSR arm of Infosys, announced that after an outstanding career in public service, Sudha Murty will retire as the Chairperson of Infosys Foundation on December 31, 2021, marking a remarkable 25-year journey of selfless dedication to social causes.  Sudha Murty was elected as the Chairperson of the Infosys Foundation since…

TCS recognized as US Superbrand for strength of business reputation and community impact

Tata Consultancy Services, a global IT services, consulting and business solutions organization, has been selected as a Superbrand in the United States based on the strength of its brand reputation across channels, business performance, industry-leading job creation, scale of employee training and development, and dedication to nationwide corporate social responsibility initiatives.  Superbrands, the world’s independent…

Chubb names Nandini Mani as Executive VP, Claims for Overseas General Insurance business

Chubb announced that Nandini Mani has been appointed Executive Vice President, Claims for Overseas General Insurance, effective immediately. She will report to Juan Luis Ortega, Executive Vice President, Chubb Group and President of Overseas General Insurance, and Mike Smith, Senior Vice President, Chubb Group and Global Claims Officer.  In her new role, Mani will be…

Bloom Credit bags $13 mn in funding, appoints new COO

Bloom Credit, a NYC-based API platform company that helps businesses integrate with credit bureaus for access to scores, monitoring, and furnishment products, announced it has raised $13 million in new funding led by Allegis NL, along with Resolute Ventures, Slow Ventures, and Commerce Ventures.  Angel investors Better Tomorrow Ventures’ Sheel Mohnot and Jake Gibson, Acorns…

CredAble appoints Ashutosh Taparia as MD – Client Coverage

CredAble, a FinTech company that is transforming supply chain finance with its various technology-enabled funding programs for stakeholders in corporate supply chains announced the appointment of Ashutosh Taparia as Managing Director – Client Coverage. At CredAble, Taparia is responsible for identifying and developing opportunities for the Platform business across India to which he says, “the…

Gurugram-based legaltech startup MikeLegal raises undisclosed amount in seed funding round

MikeLegal, Asia’s first Artificially Intelligent legal associate with the aim to significantly ease and eliminate the effort currently required to manage IP related tasks has announced that it has raised seed funding from SOSV, a US-headquartered venture capital firm and Australia-based VC firm Artesian.  Speaking about the startup, Tushar Bhargava, Co-founder of MikeLegal, said, “MikeLegal…

Avast appoints Shane McNamee as Chief Privacy Officer

Avast, a global leader in digital security and privacy products, has announced the appointment of Shane McNamee as Chief Privacy Officer. In his new role, McNamee will oversee Avast’s global privacy strategy and drive the company’s privacy-by-design strategy. Prior to this role, McNamee served the Irish Department of Finance and the Data Protection Commission of…

Bengaluru-based startup Bambrew raises pre-seed funding led by Upsparks

Bambrew, a Bengaluru-based eco friendly packaging solution startup, announced it has raised a pre-seed round of funding led by Upsparks, according to YourStory report. LetsVenture, Amity Capital Ventures, Amity Technology Incubator and industry veterans like Kunal Prasad (COO, Cropin) and Prashant Gagneja (Business Head- Tropicana, Pepsico India) also participated in the funding round.  Launched in…

Mohr Partners names Misti Meggs as Managing Partner – Strategy & Growth

Mohr Partners, the world’s largest wholly-owned commercial real estate advisory firm exclusively focused on representing occupiers, announced it has promoted Misti Meggs to Managing Partner – Strategy & Growth. Meggs has been with Mohr Partners for 14 years starting in business development and later served as a Transaction Manager, Head of Research. Prior to this…

Gurugram-based fleet management startup Fleetx.io raises $3.1 mn in pre-Series B funding round

Fleetx.io, a Gurugram-based intelligent operating system to optimise fleet and logistics operations, announced that it had raised $3.1 million in pre-Series B funding from existing investors, including Singapore-based Beenext and India Quotient, according to YourStory report. Founded in 2017 by Vineet Sharma, Abhay Jeet Gupta, Udbhav Rai, Parveen Kataria, and Vishal Misra, Fleetx is an…

India’s Cyient join hands with UK-based SPRINT to facilitate collaboration with UK Academic Institutions and small businesses in the space sector

Cyient, a global digital engineering and technology company, and SPRINT (Space Research and Innovation Network for Technology), a UK based business innovation support programme, has announced its strategic partnership to accelerate the innovation in the UK space sector and to strengthen the mutual focus on industry collaboration. SPRINT (Space Research and Innovation Network for Technology)…

Nick Talwar appointed CEO and President of CircleUp

CircleUp, an investment platform powered by technology on a mission to help entrepreneurs thrive, announced that Nick Talwar has been appointed Chief Executive Officer. Co-founder Ryan Caldbeck, CEO since the company was established in 2012, will become Executive Chairman. Prior to CircleUp, Talwar was most recently a partner at Apis Partners, a growth equity investor…

Mastercard partners with Bengaluru-based Signzy for global rollout of video KYC

Mastercard announced a partnership with Signzy, a RegTech startup, to enable the latter’s video-based KYC (Know Your Customer) solutions for its banking customers. This will allow Mastercard to provide a completely paperless, remote and secure onboarding solution for end-users. In India, this launch will further Mastercard’s goal of driving inclusive growth via financial inclusion by…