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.
Glympse Bio, a biotechnology company advancing the way diseases are understood, tracked, and treated, announced that it has raised $46.7 million Series B financing. The proceeds from the financing will support continued development of Glympse’s novel biosensor platform in fibrotic diseases such as Non-Alcoholic Steatohepatitis (NASH), oncology, and infectious diseases. The financing round was led…
Caption Health, a medical artificial intelligence (AI) company, announced that it has raised $53 million in Series B funding led by existing investor DCVC. New investors Atlantic Bridge and cardiovascular medical device leader Edwards Lifesciences also participated in the funding round, along with existing investor Khosla Ventures. The company will utilise this funding to scale…
The RP-Sanjiv Goenka Group announced that it has acquired a majority stake in video-based news app Editorji, a move that marks its foray into the digital news media space. Financial details of the transaction remain undisclosed. RP-Sanjiv Goenka (RPSG) Group has acquired 51% stake through a combination of primary and secondary transaction in Editorji Technologies,…
TCS iON, a strategic unit of Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that it has unveiled the TCS iON Youth Employability & Entrepreneurship Programme (YEEP) for students undertaking vocational courses, on the occasion of World Youth Skills Day. TCS iON YEEP is delivered in a phygital model and…
Reliance Industries Limited, Jio Platforms Limited and Google LLC announced the signing of binding agreements for an investment of ₹ 33,737 crore by Google into Jio Platforms. This investment by Google values Jio Platforms at an equity value of ₹ 4.36 lakh crore. Google’s investment will translate into a 7.73% equity stake in Jio Platforms…
TeleTeachers, a provider of engaging and effective technology-enabled learning and therapy solutions, announced that it has completed a $2,785,000 Series A equity private placement, with lead investors Seyen Capital’s Senior Managing Director George Spencer and Jerry Putnam. Post funding, Putnam and Spencer will serve on the TeleTeachers Board of Directors, representing the investor group, along…
Majesco, a global provider of cloud insurance platform software, announced that its Technology Services unit enabled United Educators (UE) to successfully implement Robotic Process Automation (RPA) to optimize business operations by reducing manual processes and improving the customer experience. UE is education’s answer to the distinct risks and opportunities surrounding every school and campus today.…
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organisation, announced that it has been ranked second among the Top 30 Suppliers of Software and IT Services to the UK Market by TechMarketView. The report is compiled through a detailed analysis of the UK revenues of over 200 publicly quoted and…
PYA, a leading healthcare consulting and certified public accounting firm, announced the appointment of Annapoorani Bhat as Strategy and Integration Consulting Principal, effective July 1, 2020. In addition, 10 other teammates have been promoted throughout the firm. Bhat specializes in valuation and related consulting services for companies in the health sciences sector—providers, payers, pharmaceutical companies,…
Terumo Corporation announced that it has completed the acquisition of Quirem Medical B.V., a Netherlands-based healthcare startup specializing in the development of next-generation microspheres for Selective Internal Radiation Therapy (SIRT), a treatment for liver tumors. According to the Company’s press statement, Terumo will make a one-time, up-front payment of USD 20 million with up to…
Bengaluru-based meat-products and seafood brand Licious recently announced the appointment of Naveen Kumar Nerlaje as its new Head of Human Resources. His appointment is aimed at fortifying the Company’s efforts of building a world-class workplace that is diverse yet inclusive, agile yet rooted in strong values. Nerlaje comes with a very strong experience in shaping…
Bengaluru based group health insurance startup Plum recently announced that it has raised ₹7CR in a seed funding round. The round was led by Incubate Fund with participation from Gemba Capital and Tracxn Labs along with angel investors including Abhijit Gupta and Ram Sahasranam of Praxify Health, Sudheendra Chilappagari of Belong.co, Nitin Jayakrishnan of Pando…
Online corporate travel platform Yatra.com recently announced that it has forged an alliance with upGrad Enterprise, the B2B arm of upGrad, one of India’s largest online higher education companies. A company statement read, “With Yatra’s aim to diversify its portfolio beyond travel, this partnership shall enable its corporate clients to deliver advanced learning and skill…
One of Asia’s leading healthcare services providers, Zuellig Pharma, recently announced the appointment of John Graham as its new Chief Executive Officer. John will run the US$13 billion business and lead the team across 13 markets in Asia. He joined Zuellig Pharma in 2018 to oversee the development and growth of Zuellig Pharma’s Commercial Solutions…
French video games group Ubisoft recently announced several staff departures after conducting a review in response to allegations of misconduct at the company, which earlier reports said centered around sexual misconduct charges. The changes were initiated to improve “workplace culture”, the company said. The group’s Chief Creative Officer, Managing Director of its Canadian studios and…