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.

TCS recognised as a Leader in Advanced Digital Workplace Services

Tata Consultancy Services, a global IT services, consulting and business solutions organisation, announced that it has been recognised as a Leader in the NelsonHall NEAT for Advanced Digital Workplace Services, for the second year in a row.  The report cited TCS’ specific intellectual property in support of digital workplace services, such as Digital Workplace Studio…

Chubb appoints Gina Rebollar as Deputy General Counsel for Global Corporate Affairs

Chubb, a publicly traded property and casualty insurance company, announced that Gina Rebollar has been named Deputy General Counsel, Global Corporate Affairs, effective immediately. Rebollar will report to Joe Wayland, Executive Vice President, Chubb Group and General Counsel.  In her new role, Rebollar will lead the company’s global corporate affairs team with responsibility for legal…

Byju’s acquires Edtech startup WhiteHat Jr for $300 mn

Think and Learn, which owns and operates education technology platform Byju’s – The Learning App, announced that it has acquired Mumbai-based WhiteHat Jr in a $300 million all-cash transaction. Founded in 2018 by Karan Bajaj, WhiteHat Jr is a Live online 1:1 platform that connects kids age 5-12 to top early childhood coding teachers. WhiteHat…

Mumbai-based online beauty brand MyGlamm acquires POPxo

MyGlamm, a Mumbai-based direct-to-consumer brand of award winning European beauty products, announced that it has acquired women-focused content and influencer business POPxo. Financial details of the transaction were not disclosed. Priyanka Gill, founder of POPxo, will join MyGlamm’s board and will be designated cofounder of the combined entity. The deal is expected to reduce MyGlamm’s…

Uber to hire 140 engineers in India as part of tech, product expansion

Uber announced that it will recruit 140 more engineers for its tech teams in Bangalore and Hyderabad to build cutting-edge products in areas such as rider and driver growth, delivery, marketplace, customer service, digital payments, risk and compliance, safety, and finance technology.  “These expansion plans are in line with our vision to make mobility and…

Paytm appoints Bhavesh Gupta as CEO of lending business

Paytm announced that Bhavesh Gupta has joined as Chief Executive Officer for its lending business. Bhavesh has over two decades of experience in banking. He has led the digital transformation journey of some of the top retail banks and NBFCs in India. In his new role, Bhavesh will develop and expand the Company’s lending services…

Wipro announces collaboration with Intel to drive business continuity

Wipro, a global information technology, consulting and business process services company, announced that it will join forces with Intel to enable Wipro’s LIVE Workspace, Wipro’s digital workspace solution with the Intel vPro platform.  According to Wipro’s press note, the joint collaboration will help customers drive business continuity by enabling remote IT support and solutions, as…

Uber appoints Prabhjeet Singh as President of India and South Asia

Uber announced that Prabhjeet Singh, previously Director Operations and Head of Cities for Uber, has been appointed as President of the India and South Asia region with immediate effect.   In his new role, he will be overseeing the next phase of growth in the company’s mobility business and ensuring safety for riders and drivers across…

Jubilant FoodWorks forays into the FMCG category with ‘ChefBoss’

Jubilant FoodWorks Limited (JFL), one of the largest foodservice companies in India and master franchisee of Domino’s Pizza and Dunkin’ Donuts, announced its entry into the Rs 500 crore ready-to-cook segment with the launch of a new brand, ‘ChefBoss’. The ‘ChefBoss’ range of sauces and pastes includes eight different products across two types of cuisines…

Qualified raises $12 mn Series A funding led by Norwest Venture Partners

Qualified, the conversational marketing platform for companies that use Salesforce, announced a $12 million Series A funding round led by Norwest Venture Partners with additional participation from existing investors including Redpoint Ventures and Salesforce Ventures.  The investment, which brings the company’s total funding to $17 million, will be used to meet the growing demand for…

Bengaluru-based Crowdpouch raises angel funding from Elina Investments

Crowdpouch Marketing Services Pvt Ltd, an all in one fundraising and pre-selling platform for startups, nonprofits, Innovative products and Creative ideas, announced that it has raised angel funding from Elina Investments. Financial details of the funding remain undisclosed. Founded by Syed Safawi, Elina concentrates on early-stage bets and has invested in companies including GoMechanic, PadUp,…

Springboard raises $31 mn Series B funding led by Telstra Ventures, others

Springboard, a San Francisco-based edtech platform, announced that it has raised $31 million in Series B funding round led by Telstra Ventures and other new investors like Vulcan Capital and SJF Ventures.  Existing investors who participated in the fundraising include Costanoa Ventures, Pearson Ventures, Reach Capital, International Finance Corporation (IFC), 500 Startups, Blue Fog Capital,…

Bechtel appoints new Presidents to lead its global businesses

Bechtel announced the appointments of Paul Marsden as President of the company’s Oil, Gas & Chemicals (OG&C) business and Ailie MacAdam as President of its Mining & Metals (M&M) business. Marsden will succeed OG&C President Alasdair Cathcart, who is stepping down after 31 years at Bechtel, and MacAdam will succeed M&M President Paige Wilson, who…

SRL Ltd appoints Anand K as Chief Executive Officer

SRL, India’s leading diagnostic company, announced the appointment of Anand K as its new Chief Executive Officer. He replaced Arindam Haldar, the former CEO of SRL Ltd, who has decided to pursue opportunities outside of SRL after leading the company over the last four years.  Anand has over 25 years of experience in the healthcare…

TCS named a Leader in Medical Devices Digital Services by Everest Group

Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that it has been recognized as a Leader in the Everest Group PEAK Matrix for Medical Devices Digital Services .  In an assessment of 21 global IT service providers catering to the medical devices sector, TCS was placed highest for Market Impact.…