HR Technology company PeopleStrong has announced the appointment of Sitesh Prasad as VP – Global Markets and Partnerships. Speaking on the appointment, Kiran Kumar, Chief Global Markets at PeopleStrong, stated, “Our race to the next 5 million employee user-base would primarily be powered by Partner Success & Growth. We have created a strong user base…
HR Tech platform GetWork has raised Rs 2 Cr in seed funding from Artha Venture Fund (AVF), and angel investors of India Accelerator. AVF bought a 16% stake in the platform and it is the tenth investment from the current fund. Managing Partner of Artha Venture Fund – Anirudh A Damani stated, “The pandemic forced higher education…
The future of human resource management is closely intertwined with technology. HR tech is constantly evolving as new ones are entering the market. Organizations try to keep up with new trends for better efficiency. The Human Resource department is equally evolving as any other industry, it’s good to have a clue about what’s going on…
Canada-based all-in-one HR platform Humi recently announced that it has raised CAD$15mn in Series A funding round. The platform provides small to medium-sized businesses with HR, payroll, and benefits solutions. The company raised the funding in both equity and debt. The funding round was led by early-stage venture capital firm Tribe Capital. Tribe has also…
US-based HR-tech company Namely has reportedly downsized 40% of its staff including some senior level executives and CxOs. According to a TechCrunch report, the eight-year-old startup has laid off over 400 employees or 40% of its workforce. The cuts are across the board, from high-ranking staffers, including a CFO who was brought on almost exactly two…
Spanish HR automation startup Factorial recently announced that it has secured $16 million in Series A funding round led by Silicon Valley-based VC firm CRV. Creandum, Point Nine and K Fund (three of the most successful funds in Europe) also took part in the funding round. All of these have already invested in Factorial’s last…
As the novel coronavirus pandemic led to the world’s largest work-from-home experiment, video conferencing apps like Zoom and Google Meet saw a sudden rise in their user database. Organizations around the world are now moving ahead with their daily tasks via video conferencing through these apps. But their usage has also drawn severe criticism from…