Tag: funding

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...

Edu-tech startup, byteXL, gets funding of $200,000

byteXL, the experiential learning platform for IT career aspirants, has raised a seed fund of US$2,00,000 in an angel round. Joseph Joy, president, Joy...

Indian job portal, apna.co, bags funding of $100 mn

Indian jobs platform and professional network, apna, has secured about $100 million in a series C funding led by Tiger Global. This takes apna’s...

Nova Benefits receives $10 mn in funding

Nova Benefits, the Indian employee-wellness platform, has managed to get a funding of $10 million in a Series A round led by Susquehanna International...

Zeal secures $13 mn in funding

Zeal, the embedded fintech company, has managed to bag $13 million in Series A, led by Spark Capital. The fresh funds will be used...

$78 mn funding for yellow.ai, hiring in the pipeline

Customer experience (CX) automation platform, yellow.ai, has managed to raise $78.15 million in a Series C funding round. With this, the total funding it...

Schneider to fund Luminous’ expansion, create 2,000 direct jobs

Schneider Electric, the energy and automation digital solutions company, will invest Rs 350 to 400 crore in Luminous Power Technologies, its Indian subsidiary. The...

Ecom Express receives fresh funding, will hire 8,000

Ecom Express, the technology-driven logistics solutions company, will create about 8,000 jobs in India now that it has received fresh capital to the tune...

$3 million raised by Kanarys in seed funding round

Kanarys, a data-driven tech platform, which provides diversity and inclusion solutions to enable businesses to make more empowered decisions, has raised $3 million in...

CRED buys back shares worth Rs 9 crore from staff

CRED, the credit card payment app, has managed to raise $81 million in a Series C round. As part of the process, the Bengaluru-based...

GigIndia receives fresh funding, closes pre-series A at Rs 7.6 crore

GigIndia, the B2B gig marketplace has managed to raise Rs 7.6 crore in a pre-series A funding. It received fresh investments from angel investors...

Hibob gets $70 million in funding

Hibob, an Israel-based startup, that helped create the HR platform ‘bob’ (‘Hi! Bob’) has managed to raise $70 million in funds at a valuation...

$200 mn in funds for Byju’s

Byju’s, the Bangalore-based edtech platform, has managed to raise funds to the tune of $200 mn in a fresh round of funding, which saw...

Remote.com raises $ 35 mn in Series A funding

Remote.com, the human resources technology platform has secured $35 million in Series A funding led by Index Ventures and Sequoia Capital. Angel investors Aaron...

Gojek renders 430 employees jobless

Gojek, the ride-hailing and digital payments platform, has decreased its workforce by nine per cent. The layoffs come as a surprise because the Southeast...

WeWork India gets funding of $100 million from parent company

Coworking major, WeWork India, has revealed that it has received funding of US$ 100 million (approx Rs 750 crore) from the parent company, WeWork,...

Edtech firms in India surging ahead

With the online education sector reported to have the potential to touch $1.96 billion in the next two years, online education technology startup, Springboard,...

Corporate health benefits startup raises $US 3.6 million in funding

Health benefits startup, ekincare, has managed to raise $US 3.6 million in a series A funding round, led by a new investor. This takes...

ShareChat will expand workforce by 100-150 people

ShareChat, the Bengaluru-based regional language social-media platform is all set to expand its workforce, especially in the tier II cities. It is gearing up...

Mumbai-based Talent Litmus receives funding from IPV and Let’s Venture

Talent Litmus, a game-based assessments & learning platform, has managed to raise significant funding from Inflection Point Ventures (IPV) as well as Haptik co-founder,...

Skillate raises $1M in Pre Series A round funding

Skillate, the tech startup, recently raised $1 million in a pre-series A funding from a host of angel investors, such as Mynavi Corporation, Incubate...

Whistledrive gets Rs 72 crore funding from Colosseum

Hyderabad-based employee transport company, Whistledrive Services, has managed to raise Rs 72 crore in Series B funding from Chicago-based Colosseum Group, which is into...

HR tech startup, Advantage Club, gets $1 million in funding

Employee perks and rewards startup, Advantage Club, has managed to gather funds to the tune of a million dollars, in a pre-series A round,...

Vantage Circle Wins US 20 Million Dollar contract for its employee rewards...

Vantage Circle has been awarded a large contract for the Employee Rewards and Recognition platform by one of the largest enterprises in USA. Designed...

Employee benefits company, Sodexo, funds startup, Zeta

Zeta, a Bengaluru-based startup offering meal and other group benefits to corporate employees, has received funding worth $60 million from French employee benefits organisation,...

Kredily raises $750k as seed funding led by Fosun RZ capital

HR technology startup, Kredily, has received a funding of $750,000 (Rs 5.21 crore at current exchange rate) in seed capital, led by Fosun RZ...

Swingvy secures USD 7 million in series A funding

Swingvy, a software-as-a-service (SaaS) HR company with offices in Kuala Lumpur, Singapore, Taipei, and Seoul, has managed to raise US$ 7 million in a...

Seed funding for PayrollPanda, Malaysia’s HR startup

The SaaS-based HR and payroll software startup will use $700K to expand to other territories.

HR tech startup raises $3 million in third round

Betterplace plans to expand its solutions into skilling, compliance and fintech services.

Gurgaon-based HR tech startup, Benepik, raises seed funding

The mobile-based HR solutions provider has raised an undisclosed amount in seed funding from a group of investors, including Vishal Bali.

ProEdge raises fund in series A

The Company will use the fund to strengthen its team and set up a software platform.

HR tech startup EdGE Network raises series A funding

The Company aims to help organisations optimise their workforce and acquire talent.

AI-based HR Analytics platform Infeedo gets funded on a TV reality...

The AI-based HR analytics platform agreed to give away 5 per cent equity to the team formed by Ameera Shah, managing director and CEO, Metropolis Healthcare, and Vivek Bhargava, CEO, iProspect.

Happy2refer gets angel funding of Rs 1.67 cr.

With 55 per cent of Indian companies hiring through employee referrals, this platform is clearly gaining popularity in the market.  

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

Boeing to outsource jobs to TCS

In a virtual meeting, Boeing has conveyed to its non-unionised corporate employees that it is all set to outsource its finance and accounting jobs...

Latest

Google cancels 50% projects in Area 120 to cut costs

In an endeavour to ensure operational efficiency, Google has been trying to cut costs. In doing so, the tech major has decided to cancel...

300 found moonlighting at Wipro, fired

Wipro has made it clear that it will not tolerate moonlighters in the organisation, by firing 300 employees who were found to be 'moonlighting',...

Do employees want better pay and less benefits or vice versa?

The age when employees used to settle for whatever their employers offered is long past now. Today’s employees are actively seeking better pay and...

36% hybrid managers can’t trust employees to perform their best

The hybrid model of work has made it impossible for managers and leaders to check on their employees from time to time and ensure...

DIALOGUE

“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....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...