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.

Airtel Uganda, Comviva win International Digital Wallet Innovation Award

Airtel Uganda, together with Comviva, Airtel’s technology partner, has been announced the winner of the 2020 Digital Wallet Innovation Award, Airtel Uganda was the overall winner of the ‘Market Adoption’ category. Airtel Uganda and Comviva were also declared the Grand winner out of the five winning firms. The grand prize was presented for the first…

EV startup EVage raises strategic investment from mobility veteran

EVage, a Chandigarh-based mobility tech startup, announced that it has raised funding led by mobility veteran, Ola Electric Co-Founder and Senior Advisor Anand Shah along with BryAir Director Varun Pahwa, and DMI Group partner Anmol Nayyar. The three invested an undisclosed amount in the mobility tech startup EVage, which is set to launch their first Electric…

Bengaluru-based Verloop.io raises $5 mn Series A funding led by Alpha Wave Incubation

Verloop.io, the Bengaluru-based customer support automation platform that helps businesses deliver delightful support experiences to their customers, across channels, announced it has raised $5 million in its Series A funding round led by Alpha Wave Incubation (AWI), along with existing investors IDFC Parampara and Infosys co-Founder Kris Gopalakrishnan. Launched in 2020 by Abu Dhabi’s sovereign…

Infosys recognised as a Leader in Everest Group’s PEAK Matrix for BFS Risk and Compliance IT Service Provider 2020

Infosys, the global leader in next-generation digital services and consulting, announced that it has been positioned as a Leader in Everest Group’s PEAK Matrix for BFS Risk and Compliance IT Service Providers Assessment 2020.  Infosys was recognized for its strong domain expertise, innovation capabilities, and well-defined strategy to deliver value to customers in the financial…

OneCode raises seed funding led by WaterBridge Ventures

OneCode, a digital distribution platform, announced that it has raised seed financing led by WaterBridge Ventures, a early-stage venture capital firm. Financial details of the seed funding remain undisclosed. Angel investors such as Miten Sampat, Former Times Internet chief strategy officer, Haptik founder Aakrit Vaish, One Impression founder Apaksh Gupta, Appyhigh founder Venus Dhuria, as…

Palo Alto Networks enters agreement to acquire Crypsis Group

Palo Alto Networks, the global cybersecurity leader, announced that it has entered into a definitive agreement to acquire The Crypsis Group, a leading incident response, risk management and digital forensics consulting firm.  Under the terms of the agreement, Palo Alto Networks will acquire The Crypsis Group for a total purchase price of $265 million, subject…

Google Cloud partners with Amwell to expand access to virtual care

Google Cloud and Amwell announced that they have entered into a multi-year, strategic partnership to deliver transformative telehealth solutions across the global healthcare ecosystem.  Together, the companies will endeavor to expand access to virtual care, improve patient and clinician experiences, and leverage their unique capabilities to deliver new, differentiated healthcare solutions—across the continuum of care,…

Infoblox makes leadership changes, appoints Rajeev Sreedhar as MD, India and SAARC

Infoblox, the leader in Secure Cloud-Managed Network Services, announced the appointment of Spenser Lam as Senior Director, Greater China, and Rajeev Sreedhar as Managing Director, India and SAARC (Sri Lanka, Bangladesh, the Maldives, Nepal, and Bhutan) to oversee go-to-market in their respective territories.  These hires follow the appointments of George Chang as VP of Sales…

Wipro and Quaternion partner to launch Standard Initial Margin Model solution

Wipro, a global information technology, consulting and business process services company, announced a partnership with industry-leading Standard Initial Margin Model (SIMM) vendor, Quaternion Risk Management. As part of the collaboration, Wipro will offer SIMM-in-a-box to financial institutions covered under Uncleared Margin Rules (UMR).  The offering will allow financial institutions to calculate trade sensitivities, generate CRIF…

Songtradr closes $30 mn in Series C funding round

Songtradr, the global B2B music rights and licensing marketplace platform, announced the completion of its Series C funding round, raising $30M, valuing the company at $165M. Songtradr technologies are designed to simplify and enhance the overall music licensing experience. With this investment, Songtradr will accelerate its global expansion plans, product development and fund key acquisitions,…

Former Microsoft veteran Kamal Hathi joins DocuSign as CTO

DocuSign, a San Francisco-based company that helps organizations connect and automate how they prepare, sign, act on, and manage agreements, announced the appointment of Kamal Hathi as its new Chief Technology Officer (CTO) to support the expansion of the DocuSign Agreement Cloud. Hathi has over 25 years of experience leading technology and product teams at…

Philip Morris International appoints new Senior VP, External Affairs

Philip Morris International Inc. announced the appointment of Gregoire Verdeaux to the position of Senior Vice President External Affairs, effective September 1, 2020. In his new role, Verdeaux will report to the company’s CEO, André Calantzopoulos. This appointment follows the previous announcement of long-serving executive Marc Firestone’s intention to retire from the dual roles of…

Hero Motocorp strengthens its partnership with Haryana govt, donates specially designed FRVs

As part of its ongoing Corporate Social Responsibility (CSR) initiatives towards the COVID19 relief efforts, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, announced that it has handed over four specially designed First Responder Vehicles (FRVs) to the government civil hospitals in Rewari and Dharuhera in the state of Haryana.  These unique and…

Lockton names Kelly Conway as Chief People Officer

Lockton, one of the largest privately held insurance brokers in the world, announced that Kelly Conway has joined the organization in the Chief People Officer role. In this new role, Conway will lead Lockton’s people strategy, focusing on continuing to attract, develop, and retain industry-leading talent to support the company’s growth. “What sets Kelly apart…

Dataiku raises $100 mn Series D funding from Stripes, Tiger Global, others

Dataiku, a global Enterprise AI and machine learning platform, announced a $100 million Series D investment round led by Stripes, with major investment by Tiger Global Management and participation from existing investors Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital and ICONIQ.  The funding comes as Dataiku continues to drive AI within the enterprise, serving over…