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.

Infosys launches automated data science platform for public health agencies

Infosys Public Services, a US-based subsidiary of Infosys, a global leader in next-generation digital services and consulting, unveiled the Infosys Health Insights Platform (IHIP) – an automated data science platform for public health agencies developed in collaboration with Amazon Web Services (AWS), Couchbase, and Knowi.  The new platform is part of the Infosys Cobalt’s growing…

Kalpesh Patel appointed Chief Operating Officer of Hyde Engineering + Consulting

Hyde Engineering + Consulting, a worldwide partner for solution-based pharmaceutical design and consultant services, announced the appointment of Kalpesh Patel as Chief Operating Officer (COO).   In his new role, Patel will lead Hyde’s growing global enterprise, translating the growth strategies set by Hyde’s Board of Directors and CEO to maximize profitability. “I’m embracing this role…

Warburg Pincus plans to invest Rs700 cr in Home First

Warburg Pincus, a US based private equity firm, through it’s affiliate Orange Clove Investments BV has announced that it has entered into an agreement to invest about Rs 700 crore in Home First Finance Company India Ltd on October 2, 2020.  The announcement came in from the leading global private equity firm focused on growth…

Sanjeev Aggarwal resigns from Azure Power board

Azure Power, a leading solar power producer in India, announced that early stage investor and Board member, Sanjeev Aggarwal of Helion Venture Partners, has resigned from his position as a member of the Board of Directors of Azure Power and all its subsidiaries, effective October 05, 2020.  “His decision to resign was not the result…

Delhi-based startup Pesto Tech raises funding from angel investors

Pesto Tech, a career accelerator for software engineers has raised funds from a group of angel investors. Ryan Hoover, Founder of Product Hunt; angel investor Anand Chandrasekaran; Ankur Nagpal, Founder and CEO of Teachable; Sahil Lavingia, Founder and CEO of Gumroad; Hiten Shah, Co-founder and CEO of FYI, usefyi.com; Andreas Klinger, Investor at Remote First Capital;…

SaaS startup Omnify raises pre-Series A funding, appoints Nikhil Moorjani as Chief Growth Officer

Omnify, a Global SaaS platform for small services business based out of San Francisco has announced the close of its Pre-Series A funding round led by AngelList Syndicate and Sequoia Scout, according to YourStory report. Angel investors that took part in the funding round include Ramakant Sharma (Co-founder, LivSpace); Anand Chandrasekharan (Executive Vice President, Product…

George Clinical names Abby Abraham to lead Global Data Science team and head India Operations

George Clinical, a global scientifically-backed clinical research organization has named Abby Abraham, a veteran clinical researcher and data science leader, to head up the organization’s Global Data Science team and operations in India. Abraham, a progressive clinical research professional passionate about altering the existing clinical research execution paradigm by bringing together competent and engaged people,…

Mahindra Holidays acquires strategic minority stake in Rocksport

Mahindra Holidays & Resorts India Limited (MHRIL), India’s leading vacation ownership company, and part of the US$ 19.4 billion Mahindra Group, announced acquisition of a strategic minority stake (6.67% stake) in Great Rocksport Private Limited, (Rocksport) Asia’s largest adventure program that introduces participants to the exciting world of soft adventure activities and outdoor experiences. Commenting…

Veritonic raises $3.2 mn Series A funding led by Greycroft

Veritonic, the world’s first audio intelligence platform has announced that it has raised $3.2 million led by Greycroft with participation from Lerer Hippeau and Audible, an Amazon company. The new investors were joined by existing investor Newark Venture Partners, which led the previous round of funding. Veritonic will use the funding to hire top talent…

Bengaluru-based Gourmet Garden raises fresh funding from Incubate Fund India, Whiteboard Capital

Gourmet Garden, the Agricultural technology startup based in Bengaluru has raised a fresh funding from Incubate Fund India and Whiteboard Capital, according to ETtech report. The startup was founded by Arjun Balaji, a former partner at McKinsey, and Vishal Narayanaswamy.  The company plans to use the funds to expand to Chennai, Mumbai and Delhi, scale…

Infosys recognised as a global leader in Digital Process Automation Services

Infosys, a leader in next-generation digital services and consulting, announced that Forrester has named Infosys a global leader in Digital Process Automation (DPA) Services, in its recent report entitled “The Forrester Wave: Digital Process Automation Service Providers, Q3 2020”. Infosys ranked highest in the “current offering” category and among the top two in the “strategy”…

TCS launches 10 new Threat Management Centers across the World to protect customers from cyber attacks

Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced the launch of 10 new Threat Management Centers across the globe, that will focus on providing cyber security services to its enterprise customers. In response to heightened cyber threat perceptions and the need to secure a larger surface area on account of…

Treebo Hotels raises $6 mn in fresh funding from existing investors

Treebo Hotels, the Bengaluru-headquartered budget hospitality chain, announced that it has raised $6 million in fresh funding led by its existing set of investors – Matrix Partners India, SAIF Partners, Ward Ferry and Bertelsmann India, according to ETtech report. The latest round of financing comes more than three years after Treebo raised $34 million in…