The world needs more good news! That’s why we’ve decided to gather some good Human Resources (HR) and Employee Experience (EX) stories every week to inspire you and make you feel hopeful about the future.
Wipro extends work from home till April 2021
Wipro has further prolonged work-from-home (WFH) for its employees till April 4 next year. The Bengaluru-based IT services provider had earlier implemented the model till March 2021.
(Source: Business Today)
Edtech startup upGrad acquires recruitment firm Rekrut India to increase career outcomes for learners
upGrad, the online higher learning ed-tech startup, has acquired recruitment and staffing solutions company, Rekrut India. By acquiring Rekrut India, upGrad plans to grow in the paid learner base by 300 percent and drive career outcomes for 1.2 million learners by FY25.
(Source: YourStory)
ADB grants a $40-million loan to Northern Arc Capital to help small borrowers
The Asian Development Bank (ADB) has signed a $40-million loan (in rupee equivalent) to Northern Arc Capital (NACL) to support the livelihoods of microfinance borrowers and micro, small, and medium-sized enterprises (MSMEs) in India.
(Source: Financial Express)
Google extends remote work till Sep 2021, mulls flexible office
Google has extended work from home till September 2021 and when the offices reopen, employees may rejoin the workplace for three days a week and work from home on the rest of the days. According to a report in the New York Times, the Alphabet and Google CEO Sundar Pichai has written an email to members of staff, saying that the company is considering a “fully hybrid workforce model”.
(Source: CRN India)
Amazon India adds 1.5 lakh sellers, 70000 exporters in 2020
Amazon India, in its SMB Impact Report 2020, noted that it works with more than 10 lakh small and mid-size businesses (SMBs) including sellers, delivery and logistics partners, neighborhood stores, enterprises, developers, content creators, and authors work with the company in the country.
(Source: Livemint)
Google partners with Sheroes to support 500 rural women entrepreneurs
Google India on Monday said it has partnered with Sheroes to support 500 rural women entrepreneurs by connecting them with experts and enabling access to resources, guidance, and mentorship. The program centered around solving basic business issues like customer acquisition, selling and marketing, digital presence, management, and self-confidence.
(Source: Business Standard)
Zomato Closes $660 Mn Funding Round With 10 New Investors On Board
Zomato has announced the closing of a $660 Mn round with 10 new investors joining the company’s cap table. Co-founder and CEO Deepinder Goyal announced on Twitter that Tiger Global, Kora Capital, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview are among the new investors, many of whom had already been announced as investors in the company in past months. Zomato has raised the round at a post-money valuation of $3.9 Bn.
(Source: INC42)
Infosys to prefer a flexible ‘hybrid’ work model for employees
IT major Infosys on Wednesday said that it will prefer a flexible “hybrid” work model that will allow its employees to work from different locations at different times. Starting next year, the company will allow its employees to work from home or office given the uncertainty around the COVID-19 pandemic situation.
(Source: Business Today)
There are a million stories like this that we don’t know about, but they sure deserve all our respect. If you know any such story, please share it with us. We would love to tell the world about more positive news!
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–Jack Dorsey
