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.
Piramal Pharma Solutions, a leading contract development and manufacturing company (CDMO), announced that it has partnered with Epirium Bio in an exclusive manufacturing relationship for new orphan drugs targeting rare diseases with high unmet needs. The Piramal Pharma Solutions (PPS) team provides Epirium with an integrated program that includes formulation development, delivery of APIs and…
Techstars, the global platform for investment and innovation, and ABN AMRO, announced that they have agreed to a three-year partnership to accelerate innovation through a Techstars accelerator program. The partners will focus on identifying and supporting innovative startups transforming financial services in business and life. The collaboration will connect ABN AMRO with Techstars’ unmatched global…
HCL Technologies, a global technology company, announced the opening of its first European Cybersecurity Fusion Center (CSFC) in Gothenburg, Sweden. HCL’s CSFC is a state-of-the-art security operations and response facility, integrating multi-domain security teams, processes and cutting-edge analytics enabling organizations to detect threats faster and resolve incidents efficiently. The Gothenburg CSFC further strengthens HCL’s global…
Fanspole, a Mumbai-based fantasy gaming platform, announced that it has raised a pre-seed funding from Better Capital, according to YourStory report. Financial details of the funding remain undisclosed. The social gaming startup will use the fresh funds for further product development and boost marketing. Fanspole also launched its fantasy sports app, which will enable anyone…
Phool.co, an IIT Kanpur-backed biomaterial startup, announced that it has raised $1.4 million in pre-Series A funding round led by IAN Fund and Kaplan Foundation, according to YourStory report. The Kanpur-based startup will use the funding to advance the research and scale the operations of the company. Founded in 2017 by Ankit Agarwal and Prateek…
Sovos Brands, a food company backed by global private equity firm Advent International, announced that it has signed an agreement to acquire the business of Birch Benders, a fast-growing producer of delicious, better-for-you Pancake and Waffle Mixes, Toaster Waffles, and Pancake and Baking Cups. The transaction is expected to be completed by the end of…
Innoviti announced that it has entered a partnership with Visa, the leader in payments technology to develop a platform that will enable issuers to extend credit to their cardholders at face-to-face point-of-sale (In India). According to the Company’s press statement, the partnership will provide shoppers the ability to choose how they pay during the purchase…
Byju’s, the Bengaluru-based online educational services provider that offers technology based education platforms for primary and secondary school subjects, overseas and domestic test preparation courses, engineering and medicine announced that it has raised $122 million from tech billionaire Yuri Milner’s investment fund DST Global. Byju’s has allotted 42,666 Series F preference shares to DST Global…
TrueFan, a celebrity fan engagement platform founded by former Warburg Pincus executives, announced that it has raised $4.3 million in funding. The first round of funding was led by Ronnie Screwvala, Mayfield India, and Saama Capital, as per ETtech report. For about Rs 50, users can play quizzes around their celebrities, and winners get a…
Synthego, the genome engineering company, announced that it raised $100 million in a Series D financing led by new investor Wellington Management, co-led by RA Capital Management and 8VC. Other investors that participated included Founders Fund, Menlo Ventures, and Intel Capital. This new round brings Synthego’s total private funding to more than $250 million. Also,…
Cyient, a global engineering and technology solutions company, announced that it has received a 2019 Boeing Performance Excellence Award. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. Cyient maintained a Silver composite performance rating for each month of the 12- month performance period, from October 2018 to September…
GTB, a global, industry-leading marketing and communications agency, announced that Marc Sanford has been named Global Chief Data Science Officer, effective September 1, 2020. In his new role, Sanford will oversee a data and analytics team that spans 6 continents and over 50 offices worldwide. Sanford brings 20 years of data, analytics and technology experience…
Prodapt, the Chennai-headquartered consulting and managed services provider to the digital service provider (DSP) industry, announced the appointment of Arun Pai as Executive Vice President & Head of Americas Known business. In this executive position, Arun leads Prodapts operations across North and Latin America and the Caribbean. Arun has gained extensive experience with outsourcing in…
Infosys, a global leader in next-generation digital services and consulting, announced the launch of a partnership with Genesys, a global leader in cloud customer experience and contact center solutions. The alliance will position both organizations to enhance and expand their customer experience and contact center offerings. Together, the companies will deliver market-disrupting innovation and mission-critical…
SAS, a leader in analytics, announced it was named a Leader in Gartner’s 2020 Magic Quadrant for Data Integration Tools. This is the 10th consecutive time that SAS has been named a Leader. “As organizations continue to wrestle with a complex data landscape, the ability to integrate data has become increasingly critical,” says Kim Kaluba,…