Friday, July 19

Tag: Hiring

Job Market Platform Apna Raises $70M at $570 million valuation
FUNDING

Job Market Platform Apna Raises $70M at $570 million valuation

BANGALORE, India, June 21, 2021-- Apna, the leading job-based platform in India raises $70 million Series B round led by Insight Partners and Tiger Global. Existing investors, Sequoia Capital India, Lightspeed India, Greenoaks Capital and Rocketship VC have also participated in the round. The investment amounts to an endorsement of Apna's undisputed market leadership and stellar business growth. With this investment Apna has now raised over $90 million and is now valued at $570 million, within 16 months of product launch. The team plans to double down on their edtech platform for skilling by continuing to invest in hiring exceptional talent and building world-class engineering and product capabilities. Additionally, Apna plans to expand to high potential international markets such ...
imocha raises pre-series A funding of $600K
FUNDING

imocha raises pre-series A funding of $600K

PUNE, India, Aug. 26, 2020-- SaaS-based digital skills assessment startup Interview Mocha has secured $600,000 in pre-series A funding from a group of investors, including Freshworks CEO Girish Mathrubootham.Interview Mocha has remained bootstrapped since its founding in 2015 and has revenues of more than $2 million ARR. The startup was founded by former IBM executives Amit Mishra and Sujit Karpe. Other high-profile investors in the round include former Snapdeal CPO and Facebook Director Anand Chandrasekharan, and Vaibhav Domkundwar, CEO of Better Capital. Girish Mathrubootham, CEO of Freshworks, said, "Amit and Sujit have built a solid team, and a product that customers love. The company is already profitable and has a big addressable market." "Talent leaders of global companies...
Indian Companies to Double Tech Hiring this New Year
INDIA

Indian Companies to Double Tech Hiring this New Year

The Indian companies are stepping up and hiring technology talent this New Year. This is basically because digital will play an important role for many of the businesses as they gear up for disruption. According to the reports, the hiring of digital and technology talent will double in the year ahead as businesses transform, customer needs change and newer technologies come into play. Sectors such as automobile, banking and financial services, consumer goods, manufacturing and pharmaceutical will contribute to the high demand for talent in the space of technology and digital. Automobile companies are at the forefront of industries that are witnessing an increased demand for talent in automation and digital space.  “M&M is actively looking at hiring talent w...
Home Renting Firm Airbnb Appoints Amazon veteran as CFO
News

Home Renting Firm Airbnb Appoints Amazon veteran as CFO

Home-renting company Airbnb has hired Amazon veteran Dave Stephenson as chief financial officer (CFO), ahead of a widely anticipated initial public offering next year. Stephenson's departure was followed by the exit of another Amazon veteran, Jason Warnick, who is leaving the e-commerce giant to become CFO at online brokerage startup Robinhood. Stephenson will start in early January, Airbnb said in a statement, and will replace Laurence Tosi, who left the company in February. Stephenson, who has worked at Amazon for 17 years, was most recently vice president and CFO of the online retailer's worldwide consumer organization, which is responsible for all of Amazon's global website sales including its Prime service. Airbnb, valued by private investors at $31 billion, has in recent ...
US-based Ness Digital Eyeing to Acquire two Firms in Cloud Space
ACQUISITION

US-based Ness Digital Eyeing to Acquire two Firms in Cloud Space

US-based Ness Digital Engineering which is a digital engineering services firm is in advanced talks to acquire two companies in the cloud space. Also, the firm is planning to hire 1000 people to its workforce over the next year. “We completed one acquisition in April… we are in discussion with two other potential partners in the cloud space and expand footprint in the US,” said chief executive of Ness Digital Engineering, Paul Lombordo. Prior to this, the company acquired Linium, focused in digital operations in the ServiceNow platform, earlier this year. The CEO also mentioned that there is a convergence of work involving infrastructure skills (like AWS, Azure, and Google) with SaaS platforms (think Salesforce.com and ServiceNow) in the digital economy. Also, their design expertise h...
India’s Popular Social Media Platform Will Double The Hiring
News

India’s Popular Social Media Platform Will Double The Hiring

After raising USD 100 million, India's regional language social media platform ShareChat will double its employee numbers from current 75 to 150 people as it looks to further strengthen its technology platform and reach 100 million monthly active users. The Bengaluru-based company has recently raised USD 100 million in series C funding led by Shunwei Capital and others like Yuri Milner, Lightspeed US, handset maker Xiaomi and Morningside Venture Capital. "We are focused towards scaling up business in India, the financing will be used to scale up the business by creating and maintaining infrastructure. One of our main focus areas will also be to hire talent. We have about 75 people right now and we expect to double that to about 150 people in the next one year," ShareChat CEO Ankush Sac...
Indian Billionaire Hiring 12 Staff to Help Daughter Study at UK University
News

Indian Billionaire Hiring 12 Staff to Help Daughter Study at UK University

An unnamed Indian billionaire's daughter has been dubbed the "poshest" student in the UK after it was claimed that her family is hiring 12 staff members to help her during her studies at a Scottish university. The first-year student at the University of St Andrew on the east coast of Scotland will have a house manager, three housekeepers, a gardener, a lady's maid, and a butler on hand to help her, along with three footmen, a private chef, and chauffeur, 'The Sun' newspaper reported. They will be employed at the family's new luxurious mansion, bought so that the daughter won't have to stay in general student accommodation during the four years she spends studying at the leading Scottish university. An advert was placed a few months ago looking for "an outgoing, cheerful" maid with...
How Avenue Growth is Creating Employment Opportunities in India?
Story

How Avenue Growth is Creating Employment Opportunities in India?

Whenever any venture takes its course of action, a medium of employment is created. And in a country like India where the population is soaring high, every opportunity is a ladder of success. And to strengthen the roots of sales platform in India, Avenue Growth brings in a concept of overall growth and opportunity to all rotatory platform. Being India’s largest Sales-as-a-Service platform, avenue growth is founded by a pair of marketing professionals with the vision of providing on-ground sales force solution to companies, which enables them to grow and explore new markets with a cost-effective approach. Many of us heard that how people overseas are extracting out their maximum sales by investing in sales outsourcing companies. To bring the same advantage in India, Avenue Growth launche...
After Raising $200 Mn, PoilcyBazaar Will Hire 2,500 New Employees
News

After Raising $200 Mn, PoilcyBazaar Will Hire 2,500 New Employees

PolicyBazaar.com has announced that it will employ more people in the current financial year. The number of jobs that the company intends to create will be around 2,500 which will take the total count of the employees to 6,000. The purpose of the company behind this move is to increase the customer base and expand the revenues. The company that was backed by SoftBank Fund will add positions in various areas including customer support and tech functions. "...the company announced that it will create 2,500 more jobs in FY'19, taking its employee strength to 6,000 people. Growing 100 percent year-on-year, PolicyBazaar.com is aiming to underwrite premium worth Rs 10,000 crore, expand its unique customer base to one crore and increase its revenue to Rs 1,500 crore by 2020," the company said...
FUNDING

Employee Engagement and Benefits Startup Raises Seed Funding

Gurgaon based HR Technology startup Benepik that provides a mobile-based solution for Employee Communication, Engagement, Rewards and Recognition, has raised an undisclosed amount in seed funding. Benepik has raised the seed funding from a group of investors including Vishal Bali. Vishal is a serial investor and has invested in several startups including Bengaluru based Health Tech start-up Feet Apart. Delhi-based HR Leader Yogesh Misra and a Delhi based HNI also participated in the round. Benepik was founded in 2015 as an Employee Benefits platform. Saurabh Jain, Founder & CEO is an alumnus of Delhi School of Economics and has worked in consulting and technology practices at Capgemini, Deloitte and UNDP across India & Europe. In the last two years, Benepik has evolved ...
4 Students From IIFT Received Record $150000 Package
News

4 Students From IIFT Received Record $150000 Package

The Indian Institute of Foreign Trade has completed the Final Placements Process of its largest ever batch of 2016-18 in record time with offers from domain leaders of the industry, making it the fastest premier B-School to place its outgoing batch. A total of 31 students are placed in International Business roles in South America, Thailand, Africa and South-East countries with top notch recruiters a splendid 55% jump from the preceding year. Four students receiving a package of $150,000 per annum along with another layer of compensation of $80,000 being offered to 7 students, carves a new position for itself in the global scenario. The average compensation offered to the IIFT students is INR 19.23 LPA per annum, with the domestic average standing at INR 18.27 LPA. The highest domes...
Americans Constitute Now 50 Percent of the Wipro Workforce in US
USA

Americans Constitute Now 50 Percent of the Wipro Workforce in US

Americans now constitute 50 per cent of the Wipro workforce in the US, making it the first major Indian IT company to cross the benchmark that could help it get rid of some of the punitive provisions of Congressional legislations with regard to hiring foreign workers on H-1B visas. Over the past six months, Wipro hired over 1,600 employees by attracting and nurturing local talent to drive innovation and help transform clients businesses into digital enterprises, Wipro said in a statement. "Wipro has a steadfast commitment towards local communities where we are present. We will continue to build a strong local talent pool with diverse skill sets and make strategic investments in close proximity to our clients to serve them better," said Abidali Z Neemuchwala, Wipros chief executive Of...