Tag: Investment
Onsurity secures funds worth $24 mn to expand insurance partnerships
Onsurity, an employee healthcare services company, has successfully secured $24 million in its Series B funding round, with the International Finance Corporation (IFC) taking...
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.
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...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
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...
Why are so many H-1B workers in the US switching jobs?
A recent study has revealed that more and more H-1B visa holders in the US are switching jobs. In fact, there was a record...
Latest
AI Engineering Services staff call off strike planned for today
Thanks to the technicians of AI Engineering Services calling off a strike that they had earlier called for today, that is, 23 April, 2024,...
Why are so many H-1B workers in the US switching jobs?
A recent study has revealed that more and more H-1B visa holders in the US are switching jobs. In fact, there was a record...
No variable pay to employees with less than 60% attendance: TCS
Tata Consultancy Services (TCS) has introduced a new policy tying employees' quarterly variable pay to their in-office attendance. Now, employees with attendance below 60...
Poonam Burman takes on CHRO role at Godrej Industries (Chemicals)
After spending well over four and a half years with Unilever, Poonam Burman has joined Godrej Industries (Chemicals) as chief human resource officer.
An alumna...
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....
