Hexaware Technologies Limited, a leading global IT consulting & digital solutions provider, and Freshworks Inc., a customer engagement software company, have announced a global strategic partnership where Hexaware will make use of Freshworks’ customer and employee engagement software to build digital solutions for its customers. According to the Company’s press statement, Hexaware has been on…
Markivis, a Marketing Consulting Agency which offers services across Employer Branding & Marketing to B2B companies, announced the launch of MondayJoining.com, a recruitment portal to facilitate people who have lost their jobs during the Covid-19 pandemic. The portal intends to connect people who are out of jobs or available to join within 14 days to…
Indian e-commerce giant Flipkart, recently announced the launch of its hyperlocal service – ‘Flipkart Quick’ building on its technology capabilities and supply chain infrastructure. Flipkart Quick is aimed to offer unmatched customer experience, riding on wide selection, top-class quality and a new location mapping technology framework. The hyperlocal delivery model aims to tap new consumers…
Fintech startup Niyo Solutions Inc., which operates neo-bank Niyo recently announced that it has acquired mutual funds-focussed investment platform Goalwise in a cash-and-stock deal for an undisclosed amount. The recent acquisition by Niyo comes as it looks to expand its offerings into the wealth management space. Backed-by Tencent, Niyo said that it has picked up…
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…
At this stage of the Covid19 pandemic and its devastating aftermath on the economy, India needs to protect its youth, to ensure that they do not lose opportunities to develop themselves professionally. To address and help with the problem, Nestlé India has launched a virtual internship programme, “Nesternship”. The programme addresses applications from Graduates in…
India’s only home-grown ‘premium managed office space’ provider Skootr, recently announced the launch of its revolutionary ‘Reverse Office’ model for enterprises looking at optimizing their current real estate portfolio. With the launch of this model, Skootr has become the first flexible workspace operator in India to offer a path-breaking solution in optimizing the occupied real…
France-headquartered provider of cloud-based payroll and HR software Silae, and investment firm Silver Lake recently announced that Silver Lake is to acquire 100% of Silae from its founding shareholders. According to the company statement, the founding shareholders intend to remain involved in the business. Co-Founders of Silae, Jean-Paul Bagou, Michel Delolme, Didier Fléchet, Philippe Marty…
Ride-hailing giant Uber Technologies Inc has reportedly agreed on a deal to buy food-delivery app Postmates Inc for $2.65bn in an all-stock agreement. The development was first reported by Bloomberg News on Sunday, citing people familiar with the matter. According to the report, the deal has been approved by Uber’s board and might be confirmed…
Japanese IT equipment and services company, Fujitsu Ltd recently said that it would halve its office space in three years as it rewrites the way employees work under a “new normal” amid the coronavirus pandemic. The company said its roughly 80,000 group employees in Japan would work flexible hours, and work-from-home would be standard wherever…
At a time when layoffs, furloughs, and pay cuts have become a common phenomenon, e-commerce giant Amazon is surely leading the way in job creation and salary benefits for employees. The Jeff Bezos-led company recently said that it would spend $500mn on one-time bonuses to its front-line employees and partners working through the coronavirus crisis.…
U.S.-based Carlyle Group Inc recently announced that it has agreed to buy a 20% stake in the pharmaceutical unit of Indian conglomerate Piramal Enterprises Ltd for about $490mn. Both the companies have jointly announced the transaction in a statement. Piramal Pharma in a statement said that it will use the capital injection to accelerate its…
Galaxy Semiconductor, Inc. recently announced that it has signed a definitive agreement to acquire substantially all of the assets of the Quantix Business from Mentor Graphics Corporation, a Siemens-owned business. The acquisition will allow Galaxy to re-establish itself as the independent provider of test data management and analysis solutions for the semiconductor industry. The transaction…
Chinese-gaming giant Tencent recently announced that it has purchased the Malaysian video streaming platform Iflix’s “content, technology, and resources” in an attempt to grow its presence in Southeast Asia. In an official statement, the company said that Iflix’s catalogue of “international, local, and original content” would enable it to expand the reach of its overseas…
Dell Technologies recently announced that it has collaborated with the National Association of Software and Service Companies (NASSCOM) to help SMEs and Startups ensure smooth operations and maintain business continuity during the present challenging times. Positioned under NASSCOM’s SME Advantage program, this partnership intends to build a robust ecosystem to support them, by bringing together…