Tag: funding
Udemy founders’ skill-development startup, Modal raises funds worth $25M
Modal, California-based skill-development platform for data and analytics professionals has managed to gather funds to the tune of $25m in a Series A funding,...
ARAPL infuses Rs 38 crore into Arapl RaaS
Affordable Robotics and Automation (ARAPL) has granted funding of Rs 38 crore to its subsidiary, Arapl RaaS, to accelerate its growth and development. Arapl...
uExcelerate secures seed funding for AI-powered leadership development
Indian HRtech startup uExcelerate has secured pre-seed funding led by Upekkha, an AI-focused SaaS investment firm. The capital injection will support uExcelerate’s global expansion...
Staff-transportation startup raises funding of $15 million
MoveInSync Technology, a Bengaluru-based employee-transportation startup has managed to raise funds to the tune of $15 million in a Series C funding round. The...
Google lets go employees from Alphabet’s X Lab
X Lab, set up by Google’s parent company, Alphabet, is laying off members of its team. The objective is to restructure the lab such...
Global recruitment firm raises $4M in seed round
Redrob, the global recruitment platform, has announced a $4M seed round funding by Murex Partners and DS & Partners. The platform is going to...
Will Dunzo axe more jobs?
Dunzo, the quick commerce startup that has been battling a financial crunch for some time now, is desperately trying to obtain funds. According to...
Amid funding boost, Go First paid employee salary dues
On August 28, 2023, Go First Airlines, currently in crisis, paid its employees their full June salaries ahead of Ganesh Chaturthi and Raksha Bandhan.
This...
Virgin Orbit furloughs staff, grapples with financial crisis
Virgin Orbit has paused operations and sent almost its entire staff on unpaid furlough. A part of Richard Branson’s Virgin Group, the company helps...
Icertis lays off members of sales & marketing team
In October 2022, Icertis, the Software-as-a-Service (SaaS) company raised $150 million in funding from Silicon Valley Bank. The fund comprised a revolving credit arrangement...
385 jobs cut at Vedantu, leadership take 50% pay cut
Vedantu, the edtech unicorn, has laid off 385 employees from its workforce, taking the tally of those laid off this year to over 1,000....
Udaan heading for second round of layoff
Udaan, the Indian B2B e-commerce platform in India is reportedly set to lay off employees in the second round of layoffs this year, in...
GoFloaters raises seed fund from Loyal VC
Gofloaters, the hybrid workplace platform has managed to raise seed funding from Canada-based venture fund, Loyal VC. The funding amount has yet to be...
Is SoftBank laying off 30% of Vision Fund team?
The investment division of SoftBank, the Vision Fund, is reportedly being downsized. About 150 people from the 500-strong team may lose their jobs reported...
Edtech platform, LEAD, cuts jobs, reduces team size
In a bid to cut costs and focus on profitability, LEAD, an edtech platform, has laid off a significant number of members from its...
PriceLabs gets $30 mn funding, to expand team
Having managed to raise funds to the tune of $30 million, as part of a Series A funding, PriceLabs Inc., the pricing and revenue-management...
ESOPs worth $500,000 for Biz2Credit’s India team
Biz2Credit, the online marketplace for small business funding, has announced its employee stock ownership plan (ESOP) policy for its India workforce, allowing the employees...
Geekster raises $1.30 mn in funding, will expand team & portfolio
Geekster, the career-focused edtech platform has managed to raise $1.30 mn in a pre-series A round led by Inflection Point Ventures. MyNavi Corporation, Japan-based...
Here’s a firm that funds employees’ businesses
Lattice, a San Francisco-based company is offering funds to the tune of $100,000 to employees who decide to leave the Company and set up...
Upgrad to expand team by 3,000 in 3 months, to get...
Just when there has been a string of layoffs in the edtech space, Upgrad has revealed its intention to expand its 4,000-strong team by...
Synaptic to increase workforce by 2023, raises $20 mn in funding
In a world of uncertainty, where the startups that once saw a boom are now laying off people in thousands due to a fund...
Rippling raises $250 mn in Series D funding round
Rippling the HR tech startup, has managed to raise $250 million in funds, taking its valuation to more than $11 billion. The Series D...
HONO raises $5 million in Series A funding round
HONO, an HR automation and tech platform has received funding through a series A round in which Aakash Chaudhry, managing director, Aakash+BYJU’s participated. This...
Smartstaff gets funding of $4.3 mn
Smartstaff, the blue-collar employee-management platform, has received seed funding of $4.3 million from Blume Ventures, Nexus Venture Partners, Arkam Ventures, Gemba Capital and some...
Swiggy plans ESOP liquidity events over 2 years
After receiving funding of $1.25 billion, led by SoftBank Vision and Swiggy’s existing investor, Prosus, the board has decided to come up with a...
Mentza raises seed funding of $400K
Mentza, an audio-based conversational platform, has raised a seed round of $400k led by Inflection Point Ventures. The fresh capital will be utilised to...
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel: Journey through excellence in talent acquisition
Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Latest
Debjani Roy is new CHRO, Valeur Fabtex
Debjani Roy has joined Valeur Fabtex as the skill building and leadership-development firm’s chief human resource officer. She has moved from Mind Your Fleet...
Tata Steel workers in the UK vote in favour of strike
Members of Unite, the workers' union in Britain, have voted in favour of calling a strike against the closure of blast furnaces by Tata...
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Vistara’s non-flying staff will get clarity about new roles in May-June
Vistara is in the process of being merged with Air India, and the former’s non-flying employees have been anxious about what their roles will...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
EQ, IQ & empathy define the success of a CEO
Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...
“The big change has been that we have moved from jobs to skills,” Amaresh...
Q. How would you define the culture at GE?
A. Having been present in this region since 1902, GE has been around for 120 years....
