QTalk, a smartphone dialer designed to make phone calls stress free has now secured $1.6 million in the seed funding round led by the LightSpeed Venture Partners and Accel India to accelerate product and market development. QTalk is the only public product of Quiph Media Private Limited that initiated operations in early 2018. Founded by…
Sandeep is a journalism and mass communication graduate with a keen interest in politics and business. He is a part of Research & Content team at HrNxt.com.
BigBasket acquires milk delivery startup DailyNinja
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•Online grocery marketplace Bigbasket recently announced that it has acquired a 100% stake in milk delivery app DailyNinja to grow its milk delivery services. As per various media reports, the grocery delivery platform paid around $15-20mn for the acquisition. The acquisition further strengthens Bigbasket’s leadership position in the subscription delivery space in the Silicon Valley…
Are we heading towards an unemployment crisis?
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•The ongoing coronavirus pandemic has forced the world to a standstill. Markets are closed, roads are empty, people are locked inside their houses and business is not as usual. The novel virus which first originated in China has now become a global headache. So far the virus has infected more than 470,000 cases and claimed…
Exclusive: Travel tech firm Fareportal lays off employees
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•New York-based global tech travel firm Fareportal has reportedly laid off about 200 employees from its Gurugram and Pune offices amid the ongoing coronavirus pandemic. The novel coronavirus pandemic has crippled the travel industry forcing companies to run for their money and conserve as much capital as they can. This has led travel companies to…
Coronavirus Impact: Zomato employees take voluntary pay cuts
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•Taking into consideration the impact of the coronavirus pandemic on businesses, Zomato recently announced that hundreds of its employees are taking a voluntary deep cut in salaries to help the company sustain. In a series of tweets, Zomato CEO Deepinder Goyal announced that hundreds of employees have taken deep voluntary salary cuts to help the…
Lynn Shotwell joins Worldwide ERC as President & Chief Executive Officer
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•Trade association for talent management Worldwide ERC recently announced that Lynn Shotwell, GMS, SHRM-SCP, will join the organization as its new President & CEO on March 30. As an accomplished association executive, Shotwell brings a track record of successfully leading global workforce and talent mobility organizations to her new role. With more than 20 years…
HUMIO raises $20mn in series B funding round
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•Log management platform Humio, recently announced that it has raised $20mn in Series B funding round. The funding round was led by Dell Technologies Capital, the global venture capital investment arm of Dell Technologies along with existing investor Accel. With the recent investment, the company plans to increase its capabilities to keep pace with demand…
Coronavirus: CXOs of major corporations forego their salaries to keep business going
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•The coronavirus pandemic has hammered industries into a wall of troubles. Organizations are now calling the impact of this pandemic worse than any other pandemic or war has ever caused. The novel virus which originated in China has now become a global problem. So far the virus has claimed more than 19,000 lives and infected…
Corporate Action: How FMCG majors are contributing in times of coronavirus pandemic
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•The coronavirus pandemic has now spread its fears to India, the government and the private sector are both taking steps to make personal care, hygiene and sanitation products more affordable as they up the ante to combat the rapidly spreading coronavirus. The novel coronavirus which originated in the Chinese city of Wuhan has now transmitted…
How to efficiently coordinate with your remote employees in times of coronavirus
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•The concept of working remotely has been around for quite some time now. Many employees or freelancers don’t endorse the habit of making it to the office every day. But since the novel coronavirus outbreak, even the people who would daily report to the office are working from their homes. The virus, which originated in…
88% of organizations are encouraging remote working due to coronavirus, says report
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•Since the coronavirus pandemic has taken its toll on businesses, organizations have been forced to go for the world’s largest work from experiment. Companies around the globe are asking their employees to work remotely in the crisis in an attempt to prevent the transmission of the virus. While many companies are still struggling to pace…
Entrepreneurs write to Prime Minister saying “Coronavirus Doesn’t Discriminate, Need Lockdown”
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•The coronavirus has impacted many businesses worldwide. The novel virus which originated in China has now spread to 160 countries while 180 positive cases and four deaths in India alone. Businesses have been forced to resort to cost-cutting measures and put a halt on expansions. Some are even asking the government to step in. A…
Microsoft’s humanitarian act amid coronavirus outbreak
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•The novel coronavirus outbreak has hit the tech and manufacturing industry severely with many companies shutting down factories, closing operations or shifting work out by asking employees to work from home. The outbreak has led to the world’s largest work from home experiment to take place. As the Washington State has emerged as one of…
Women entrepreneurs leading the talent ecosystem
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•Professionals need upskilling courses for better salary hikes: Survey by Simplilearn
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•Over 1,750 professionals participated in Simplilearn’s annual survey on ‘Digital Transformation and Future of Tech Jobs in India’. AI, Data Science, and Cloud Computing remain the hottest fields for 2020. Simplilearn, a leading digital skills training provider, published the findings of its annual survey titled ‘Digital Transformation and Future of Tech Jobs in India’. The…