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Flipkart Appoints Smriti Singh as the Chief Human Resources Officer

21Nov By Gauri SinghNo Comments

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Flipkart Appoints Smriti Singh as the Chief Human Resources Officer

The e-commerce major Flipkart has appointed a chief human resources officer and has reportedly brought in former HR head for Sony Pictures Networks India, Smriti Singh. Flipkart CEO Kalyan Krishnamurthy sent a mail to employees on Tuesday announcing Singh’s appointment, stating that she will hold “overall responsibility for our people, talent, rewards, and L&D charter.” Singh will report to Krishnamurthy, and will head a team of five senior directors. She will fill a post that has been vacant following the exit of former COO Nitin Sethi last year. Singh has an experience of over two decades, having started at Xerox India followed by GE in India as well as in Tokyo, New York, and Singapore with GE Healthcare, Genpact and NBC Universal, before she joined Sony Pictures Network In...

Flipkart on a Hiring Spree, Looking for CTO & CPO

20Nov By Gauri SinghNo Comments

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Flipkart on a Hiring Spree, Looking for CTO & CPO

Soon after co-founder Binny Bansal’s exit, the e-commerce giant Flipkart is on a hiring spree. The management is said to be in discussions with top headhunting firms to fill senior positions that have been vacant for a while, and thus, the company is looking for a new chief technology officer (CTO) and chief product officer (CPO). Flipkart’s CPO, Punit Soni left the company in 2016. In November last year, the e-commerce major had moved its chief of tech, Ravi Garikipati, to what it called the fin-tech department. Since then the tech team has been reporting to Krishnamurthy. Over the next two weeks, some expect Krishnamurthy to meet with some of the leading head hunters. Also, it was reported that the company had hired an HR head - Smriti Singh. The post was lying vacant for 18 months...

Jabong to Lay Off Another 200 People in Three Months

19Nov By Gauri SinghNo Comments

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Jabong to Lay Off Another 200 People in Three Months

The Myntra Jabong merger has been a setback to its employees as this led to the lay off of so many workers. And now, Myntra could sack another 200 staff at Jabong in the next three months after deciding to lay off around 250 employees. Myntra’s chief executive Ananth Narayanan stated that about 250 jobs will be lost as Myntra and Jabong are combining functions from finance, technology, marketing and creative teams among others departments. Also, a source mentioned that Jabong employs around 600 people. “Myntra and Jabong will now fully integrate all the remaining functions including technology, marketing, category, revenue, finance and creative teams,” a Myntra spokesperson said in a statement. “To remain the leader in fashion e-commerce in India, we have to find ways to operate mor...

Microsoft Shuts Down the HockeyApp from Today

19Nov By Gauri SinghNo Comments

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Microsoft Shuts Down the HockeyApp from Today

Microsoft has announced its plans to shut down HockeyApp and replace it with Visual Studio App Center. The company had acquired the startup behind HockeyApp back in 2014, and if you’re still using the app, you must know that the service will officially shut down on November 16, 2019. HockeyApp was a service that let you distribute beta versions of your app, get crash reports and analytics. There are other similar SDKs, such as Google’s Crashlytics, TestFairy, Appaloosa, DeployGate and native beta distribution channels. Last year, the company called App Center “the future of HockeyApp”. The company has also been cloning your HockeyApp projects into App Center for a while. It doesn’t mean that you’ll find the same features in App Center just yet. Also, let’s hope that Microsoft has ...

Visa Acquires Minority Stake in an Indian Payment Gateway Firm

17Nov By Gauri SinghNo Comments

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Visa Acquires Minority Stake in an Indian Payment Gateway Firm

The popular US-based payments processor Visa is acquiring a minority stake in Mumbai-based BillDesk. This acquisition will make BillDesk the newcomer in India’s Unicorn club of private technology companies valued at over $1 billion. The financial details of the deal were not disclosed, however, it is expected to value the 18-year-old company at $1.8 billion. The transaction involves a primary investment of about $200 million with a secondary purchase of shares from existing investors and founders of $80-100 million matter. This could take the total investment to about $300 million. Visa’s investment in help BillDesk develop new product lines for its payment and loyalty businesses and expand its footprint into other geographies, according to a statement from Visa. The investment wi...

Uber’s Manik Gupta Promoted as the Chief Product Officer

17Nov By Gauri SinghNo Comments

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Uber’s Manik Gupta Promoted as the Chief Product Officer

The ride hailing major Uber has promoted Manik Gupta as the chief product officer of the company who has been the interim product lead at Uber since the departure of Daniel Graf in April this year. Prior to that, he ran Uber's marketplace and maps product teams for three years where he was responsible for creating mapping solutions and marketplace technologies. This move has come at a time when Uber is transitioning itself from being a taxi hailing service to an end-to-end transportation service provider. He stated that riders can connect with a private car to get from point A to B, but the company can support other transportation modes, too. “My priorities are to leverage and refine the technology that powers our ridesharing experience to support our big bets like Eats, bikes, and sco...

Tata Trusts & Social Alpha Launch Fellowship Programme for Entrepreneurs

15Nov By Gauri SinghNo Comments

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Tata Trusts & Social Alpha Launch Fellowship Programme for Entrepreneurs

Tata Trusts and Social Alpha have launched a 12-month fellowship programme for entrepreneurs who are aiming to create impactful and successful ventures with their innovative and unique ideas. The first group of up to eight entrepreneurs, under the Social Alpha Entrepreneurs for Impact (E4i) programme, will be selected to solve problems in areas such as water, sanitation, health, agriculture, energy and environment. All throughout, Social Alpha will provide support to the E4i finalists through a network of experts from public and private sectors, non-profit entities and foundations. Established in 2016, Social Alpha is a joint initiative of Tata Trusts and the Department of Science and Technology, Government of India. "It's a 12-month programme that equips passionate entrepreneur-i...

Spotify Officially Launches in Middle East and North Africa

14Nov By Gauri SinghNo Comments

MIDDLE EAST, News

Spotify Officially Launches in Middle East and North Africa

The world's most popular paid music streaming service, Spotify, has officially launched in the Middle East and North Africa on Tuesday. The company stated that its services would now be available in 13 Arab markets, including Saudi Arabia, the United Arab Emirates, Egypt, and Morocco but not Libya, Iraq, Syria, or Yemen. Spotify has been unofficially available in the Middle East for several years through accounts usually registered in other markets such as Europe. Claudius Boller, who previously worked in the region with Universal Music Group, is Spotify's managing director for the Middle East and Africa. Boller said in a statement that Saudi Arabia, the UAE, Egypt, and Morocco were expected to drive regional growth, pointing to the Middle East's youthful population and high sm...

Flipkart Co-founder Binny Bansal Resigns Following Allegations of Misconduct

14Nov By Gauri SinghNo Comments

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Flipkart Co-founder Binny Bansal Resigns Following Allegations of Misconduct

Binny Bansal, the co-founder and group CEO of India based e-commerce giant Flipkart has stepped down from the company with immediate effect. This step has been taken following an investigation into “serious personal misconduct.” This move has come up in less than six months after Walmart acquired a majority ownership in the company. In an email to Flipkart employees, Bansal said these allegations has left him stunned and strongly denies them. The latter founded Flipkart in 2007 with Sachin Bansal and he had served as its CEO since 2016, before going on to become CEO of the Flipkart Group. “For some time, I have been mulling over the right time to step away from an operating role at Flipkart Group. My plan was to continue in my current role for a few more quarters to continue the tra...

Stan Lee, The Creator of Marvel Comics Dies at the Age of 95

13Nov By Gauri SinghNo Comments

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Stan Lee, The Creator of Marvel Comics Dies at the Age of 95

The creator of the most popular Marvel Comics superheroes that became mythic figures in pop culture with soaring success at the movie box office Stan Lee died at the age of 95 on Monday. He was the man who dreamed up Spider-Man, Iron Man, the Hulk, Black Panther and various other loved characters. "He felt an obligation to his fans to keep creating," his daughter J.C. Lee said in a statement. "He loved his life and he loved what he did for a living. His family loved him and his fans loved him. He was irreplaceable." His daughter did not mention the circumstances of his death, however, some celebrity news website stated that an ambulance was called to his Hollywood Hills home early Monday and that he died at Cedars-Sinai Medical Center. As a writer and editor, Stan Lee was key to the s...

Avaya Appoints Gaurav Passi as the President of its Cloud

13Nov By Gauri SinghNo Comments

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Avaya Appoints Gaurav Passi as the President of its Cloud

Communications technology company Avaya has appointed Gaurav Passi as the President of Avaya Cloud. Passi has an experience of cloud industry of more than a decade and will report to the chief executive officer, Jim Chirico, Avaya. He will be responsible for boosting growth of company’s cloud-based solutions and driving continued momentum to grow market share in UCaaS (Unified Communications as a Service) and CCaaS (Contact Center as a Service) worldwide. He most recently served as Executive Vice President, Products and Technology at Five9, where he spearheaded development, modernization and growth of the firm’s contact center cloud offering. Prior to this, Passi has held senior leadership positions açross companies such as Deutsche Telekom Hosted Business Services, Amdocs Inc. an...

Careem Ties up with DCT Abu Dhabi to Create Curated Routes in UAE

12Nov By Gauri SinghNo Comments

MIDDLE EAST, News

Careem Ties up with DCT Abu Dhabi to Create Curated Routes in UAE

Middle East-based cab aggregator Careem has entered into a deal and signed a memorandum of understanding (MoU) with the Department of Culture and Tourism, Abu Dhabi (DCT Abu Dhabi) for the purpose of creating curated routes across the emirate and encourage events in the city. Careem GCC managing director Bassel Al Nahlaoui and DCT Abu Dhabi undersecretary Saif Saeed Ghobash have signed the agreement. They both will also oversee Careem work with DCT Abu Dhabi to improve customer journeys from Abu Dhabi International Airport and enhance water taxi solutions. Also, they would be looking after the transfer of knowledge and map various data points to better understand commuter behvaiour and create solutions to commuter problems. “This agreement between our two organisations is in line with ...