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.

Dalrada Financial Corp names Fawad Nisar to the Board

Dalrada Financial Corp announced that Fawad Nisar has accepted an appointment to Dalrada’s Board of Directors. Nisar’s executive leadership and vast track record in business, science, engineering, and technology further accelerates Dalrada’s global implementation strategy. Commenting on the appointment, Brian Bonar, CEO of Dalrada, states, “Fawad is a proven executive leader who implements business innovation…

Wipro, Metro Bank enter strategic partnership to drive IT transformation

Wipro Limited, a global information technology, consulting and business process services company, announced that Metro Bank, a large UK based retail and commercial bank, has awarded a multi-year contract to deliver and transform Testing and Environment Management Services.  As part of this partnership, Wipro will leverage its Digital and Quality Engineering capabilities to drive transformation…

Mumbai-based Firescore Interactive raises $500K led by Crazy Labs

Firescore Interactive, a Mumbai-based game development studio, announced that it has raised $500,000 funding led by CrazyLabs, according to the YourStory report. The company will utilise the funds infusion to launch the first-ever Hyper Casual Gaming Hub in India for game studios around the world.  The innovative games accelerator, branded as the CrazyHub, is located…

Bengaluru-based rural ecommerce startup VilCart raises bridge funding

VilCart, a Bengaluru-based tech startup that enables retailers in villages and small towns to order consumer goods digitally, announced that it has raised bridge funding from new and existing investors.  Investors that took part in the funding round include N S Parthasarathy, ex-COO and Co-founder of Mindtree; Dilipkumar Khandelwal, Managing Director and Global Head of…

MGM Resorts International appoints William J Hornbuckle as CEO

The MGM Resorts International Board of Directors announced that William (Bill) J Hornbuckle has been elected as Chief Executive Officer and President, effective immediately. Hornbuckle has been serving the company as Acting CEO and President since March 2020. He succeeds former Chairman and CEO Jim Murren, who stepped down earlier this year. Hornbuckle was also…

Cognizant appoints Jan Siegmund as CFO

Cognizant Technology Solutions Corporation, one of the world’s leading professional services companies, announced that Jan Siegmund will be appointed Chief Financial Officer, effective September 1, 2020.   Prior to this role, Siegmund served as CFO of Automatic Data Processing, a leading global human capital management technology and service provider. He will succeed Karen McLoughlin, who will continue…

Vaillant Group partners with TCS to drive its growth and transformation program

Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that it has expanded its partnership with Vaillant Group, a global leader in heating, ventilation and air-conditioning technology, to streamline the latter’s business processes and implement those on a single, digital enterprise process platform to support its business model transformation and future…

Blackbaud named to Fast Company’s Best Workplaces for Innovators List

Blackbaud, the global cloud software company powering social good, announced that it has been named to Fast Company’s Best Workplaces for Innovators list, honoring businesses and organizations that demonstrate a deep commitment to encouraging innovation at all levels.  Blackbaud is joined by other high-profile companies, including Google, Dell and Alibaba, on Fast Company’s second annual…

iiPay opens Asia Pac Hub in Singapore to boost global expansion

iiPay, a market-leader in providing global payroll solutions to multinational corporations, announced that it has opened a new office in Singapore. Singapore serves as the hub for the Asia Pacific operations and represents an exciting juncture of continued growth and investment in supporting global clients through service excellence and market leading technical innovation, according to…

Publicis Sapient partners with Goldman Sachs to build its new transaction banking platform

Publicis Sapient, the digital business transformation hub of Publicis Groupe, announced that it has entered into a multi-year collaboration with Goldman Sachs Bank USA, who has recently launched a cutting edge, digital-native cash, and payments services in the marketplace. Commenting on the partnership, David Donovan, EVP, Publicis Sapient Financial Services Lead, America’s said, “Given Publicis…

Gurugram-based Wellcure raises $200,000 from Inflection Point Ventures

Wellcure, a Gurugram-based healthtech startup, announced that it has raised $200,000 from Inflection Point Ventures (IPV). The startup provides a platform where people can share & empower each other’s health journey. Founded by Sumeet Kapur, Ankur Bhatia and Aanchal Kapur, Wellcure caters to all health and wellness needs — physical and mental — with an…

UST Global invests in Smart Software Testing Solutions

UST Global, a digital transformation solutions company, announced a strategic investment in Smart Software Testing Solutions (SSTS) Inc, a software testing and product company.  Founded with a mission to create intelligent testing platforms for new age systems, the US-based company helps FORTUNE 1000 enterprises adopt continuous digital validation through its SaaS platforms pCloudy and OpKey.…

boostr secures $7 mn Series A funding led by Vocap Partners

boostr, the leading omnichannel CRM and Order Management platform designed for Media & Advertising companies, announced the closing of $7 million Series A funding led by Vocap Partners. Other investors that participated in the funding round include Bertelsmann Digital Media Investments (BDMI), Math Capital, and C2 Ventures. The Company will use the funds from this…

Cognizant announces acquisition of New Signature

Cognizant announced it has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft public cloud transformation specialists. The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial details were not disclosed.  The acquisition of New Signature expands Cognizant’s…

Mastercard and Microsoft join hands to accelerate innovation across digital commerce and startup ecosystems

Mastercard and Microsoft Corp. announced a collaboration to shape the future of digital commerce, drive startup innovation and enable financial inclusion. The collaboration will accelerate Mastercard Labs’ cloud native research and development activities, enabled by Azure and AI, to advance Mastercard Labs’ mission to de-risk and commercialize emerging technologies and platforms for digital commerce.  Through…