Tag: Investment
Foxconn to invest & hire more in India in one year
Foxconn, an Apple supplier, is gearing to double its workforce in India. V Lee, representative of Foxconn in India has announced on social media...
Private and government jobs galore in Assam
Looks like job seekers in Assam will soon be showered with job opportunities and opportunities to earn a livelihood. PepsiCo, the food and beverage...
Bajaj Finserv’s investment in Pune will generate 40,000 jobs
A Memorandum of Understanding (MoU) has been signed by Bajaj Finserv and the Government of Maharshtra under which the non-banking finance firm is all...
Variable pay of Wipro’s managers, C-suite not released
Pressure on margins and supply-chain challenges are amongst the reasons why Wipro has decided to hold back variable pay of its employees.
It is reported...
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...
Maharashtra signs MoUs, to create over 23K jobs, become data-centre hub
The Government of Maharashtra has signed various memoranda of understanding (MoU) with 15 national and international companies in a bid to bring in investments...
US to spend $150 mn to train locals for H-1B jobs
Looks like the number of Indian tech experts and others who move to work in the US on H-1B visas will soon start dwindling....
HR tech company, Zimyo, raises seed funding of Rs 11 cr
Gurugram-based Zimyo Consulting, which is into HR technology, has raised around Rs 11 crore as seed funding from Singapore-based Beenext
Zimyo will use the fund...
Entry-level hiring platform, Able Jobs, receives funding of $1.8 million
Able Jobs, the Bangalore-based entry-level hiring platform, has managed to get funding of about $1.8 million from a funding round, which witnessed participation by...
JP Morgan to spend Rs 17 crore on upskilling 4,800 Indian...
American multinational investment bank and financial services holding company, JP Morgan, will be donating Rs 17 crore, that is, about $2.25 million, to provide...
Livspace lays off 450; WeWork slashes 20% jobs
Bengaluru-based home design and decor startup, Livspace, has reportedly laid off close to 450 employees from its 2,800-strong workforce. This news of layoff comes...
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...
Hallmark Group invests in ScaleneWorks
ScaleneWorks People Solutions, an Indian talent solutions company, has received funds of about a million dollars from the Hallmark Global Group.
The funds will be...
Sequoia Capital invests in HR tech startup, Darwinbox
Sequoia Capital India recently led a $15-million round in Darwinbox, an HR tech startup based in Hyderabad. In this series B round, the Company’s...
SoftBank offers $20 million to employees to buy stakes in second...
SoftBank, which invests in startups across the world, desires its employees to buy stakes in its second Vision Fund worth $108 billion. To make...
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,...
Amazon will invest $700 million on training
Amazon, the e-commerce company, plans to spend $700 million on retraining a third of its workforce in the US in new skills required to...
Over 15000 jobs to be cut at Deutsche Bank
Deutsche Bank, the German multinational investment bank and financial services company is planning a revamp estimated to cost $5.6 billion, which will see more...
Zeta’s Bhavin Turakhia takes minority stake in PeopleStrong
The two companies will provide a holistic offering to enterprises in the HR technology space.
Employee benefits ROI calculator app to optimise spending
The app helps evaluate the standard of savings and the impact of employee benefit programmes on retention, absenteeism, recruitment and performance too
Talent.io grabs $8.8 million for its recruitment platform
The platform helps companies find full-time employees, interns and freelancers.
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.