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.

Mumbai-based EV startup Earth Energy EV raises seed funding

Earth Energy EV, a Mumbai-based startup that aims to develop Efficient, Affordable and Easily adoptable Electric Vehicles for Logistics and Delivery Businesses, announced that it has raised an undisclosed amount of seed funding from LR Joshi, Managing Director at Pranada Bio-Pharma Pvt Ltd, along with other equity investors.  The Company said that it will utilise…

Swiftmile completes Series A funding round with $5mn in investment

Swiftmile, developers of light electric vehicle (LEV) charging systems, recently announced the closing of its $5mn Series A funding round. The round, led by San Francisco-based Thayer Ventures, also included Alumni Ventures Group and Verizon Ventures, long-time strategic investors in Swiftmile. With the latest investment, Mark Farrell, Partner at Thayer Ventures, now joins the Swiftmile…

Digital health company Carrot Inc. secures investment from AllegisNL Capital

Digital health company Carrot Inc. recently announced that AllegisNL Capital invested in its latest round of financing to accelerate commercialization of its Pivot tobacco cessation program.  AllegisNL is backed by one of the largest life insurance companies globally. Carrot is AllegisNL’s first investment from its newest fund, focused on globally disruptive companies driving innovation in…

Mumbai-based NOTO raises pre-seed funding led by WEH Ventures

NOTO, a Mumbai-based ice-cream brand that makes healthy, low-calorie, low sugar, and high-protein ice-cream, announced that it has raised an undisclosed round of funding in a pre-Seed round led by WEH Ventures, with participation from Lead Angels.  The company will utilise the current financing for the acceleration of its marketing operations while it continues to…

CSC, Coca-Cola India ink MoU to boost outreach in rural India

Common Services Centers under the aegis of the Ministry of Electronics and Information Technology, announced partnership with Coca-Cola India to list Coca Cola products on its Grameen eStore platform. The move will promote availability of consumer products at doorsteps in rural India through local entrepreneurs and e-kirana stores. The partnership will make available affordable essential…

Scientific Games appoints new Chief Human Resources Officer

Scientific Games Corporation, a global leader in the gaming and lottery industries, announced that Eileen Moore Johnson will join the global gaming entertainment Company as Executive Vice President and Chief Human Resources Officer. In this new role, Moore Johnson will oversee the Company’s global human resources organization and report directly to Scientific Games President and…

Donovan Energy appoints Andrew Ritch as Chief Revenue Officer and Partner

Clean energy solutions provider Donovan Energy recently announced that it has named Andrew Ritch its Chief Revenue Officer and newest Partner. Ritch brings more than 20 years of finance, electric utility and business development experience, most recently as Manager of Distributed Energy Technology Strategy at Duke Energy Corp. Post his appointment, Ritch will oversee Donovan’s…

Signant Health appoints Roger Smith as Chief Executive Officer

Signant Health recently announced the appointment of Roger Smith as Chief Executive Officer. Smith succeeds John Hubbard, who served as interim CEO of Signant Health and will now become Chairman of the company. Since 2000, biopharmaceutical sponsors, biotechs, CROs and academic institutions, including all of the top 20 biopharmaceutical companies, have trusted Signant Health’s technologies…

HR tech firm Hibob partners with Microsoft teams to enhance workplace productivity and employee experience

Hibob announces bob HR for Microsoft Teams, an integration that will promote employee productivity, inclusivity and engagement by enabling teams to stay up-to-date on company news and information, get to know co-workers from the onset, and get quick responses to HR actions.  “With many companies rolling out long-term remote and hybrid plans, this integration will…

ViCentra closes €10 mn investment round to fuel International growth

ViCentra, the company behind Kaleido, the world’s smallest and lightest insulin pump, announced the closing of a €10 million investment round. On June 30 2020, ViCentra and Invest-NL signed an agreement, with ViCentra being the first investment from the new impact investor.  Commenting on the investment, Wouter Bos, CEO from Invest-NL, said, “Invest-NL was founded…

Securden raises $1.2 mn seed funding led by Accel Partners

Securden, an IT security startup that offers complete control over privileged access, visibility without barriers, and superior access governance across cloud, physical, virtual environments, announced that it has raised $1.2 million seed funding led by Accel Partners.  Other investors that took part in the financing round include Freshwork’s Girish Mathrubootham, Eka Software’s Manav Garg, CaratLane’s…

Liquid Wire raises $10 mn Series A funding led by Deerfield Management Company

Liquid Wire, a US-based company that transforms printed electronics with MetalGel, enabling stretchable circuits for radically dynamic form factors and linear positional sensing, announced that it has successfully closed a $10 million Series A financing round to expand its stretchable electronics technologies into the medical wearables market. The financing was led by Deerfield Management Company.…

Nucleus FinnOne Neo recognized as the #1 Market Leader in Lending by IBS Intelligence

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, announced the recognition of its end-to end digital lending solution, FinnOne Neo by IBS Intelligence in their Annual Sales League Table 2020.  Over the last two decades, Nucleus Software’s flagship lending solution has been recognized 10 times as…

PepsiCo appoints Segun Agbaje to the Board

PepsiCo announced that its Board of Directors has elected Segun Agbaje as an independent member of the Board. Agbaje will join the Board and the Audit Committee effective July 15, 2020.  Prior to this role, Agbaje served as Managing Director and Chief Executive Officer of Guaranty Trust Bank plc, a Nigerian multinational financial institution. “I…