HR News: 29 May, 2017

1.

Pontoon expands India operations

The company inaugurated a new office in Bangalore, to support the India business as it continues to scale and grow

In a world where everything is interconnected, silos don’t work anymore. Businesses look for more integrated solutions for everything and when it comes to talent management, organisations are even keener on wholesome solutions unlike temporary fixes used in the past. That said, Pontoon, a total talent solutions provider foresees market growth and has just announced an expansion drive.

The company inaugurated a new office in Bangalore, on April 25, to support the India business as it continues to scale and grow with its existing clients. It is also looking to drive an aggressive new client acquisition trail.

With 50 employees currently, Pontoon has been operating in India for over five years, servicing local and regional business needs. It is now looking to add another 200 to its workforce in the next 18 to 24 months as it sees a shift and a potential growth in business demand.

2.

Maruti, SBI, Apollo, Reliance, Nestle, Bosch, Jindal Steel among 16 others bag Golden Peacock National Training Award

The award recognises and acknowledges innovative training practices across sectors.

16 Indian companies from varied sectors were conferred the Golden Peacock National Training Award this year which recognises innovative training practices.

The winners include:
1.    Maruti Suzuki (Automobile)
2.    VFS Global Services (BPO)
3.    L&T Construction Skills Training Institute (Construction)
4.    Accenture (Consultancy)
5.    National Academy of Construction (Education & Training)
6.    Bosch (Engineering)
7.    State Bank of India (BFSI)
8.    Aditya Birla Financial Services Group (BFSI)
9.    Nestlé India (FMCG)
10.    Apollo Hospitals (Healthcare)
11.    ICICI Lombard General Insurance (BFSI)
12.    Life Insurance Corporation of India (BFSI)
13.    Oil India Limited (Oil & Gas)
14.    Reliance Industries Limited (Petrochemical)
15.    Rosa Power Supply Company (Power)
16.    Jindal Stainless Limited (Steel)

The awards were presented its Annual National Awards in a glittery ceremony held in Dubai.

The Golden Peacock National Training Award (GPNTA) was instituted by the Institute Of Directors in 1998, to identify excellence in training practices at organisations. The winners under this category won after an extensive three-stage assessment by the jury, headed by Rt. Hon. Sir Richard Needham (The Earl of Kilmorey PC), non-executive director, NEC Europe Ltd. & chairman-advisory group, STERN UK.

3.

UK-based Israeli HR firm raises $17.5 million: Plans to expand in US and Asia Pacific

Hibob has recently grabbed the limelight with its successful fund raising of $17.5 million in a Series A round.

New and innovative HR startups are rapidly making inroads into the corporate world and are significantly transforming the way organisations manage human resources. Even the venture capitalists are showing great interest in the potential of these HR tech startups. Another interesting startup called Hibob has recently grabbed the limelight with its successful fund raising of $17.5 million in a Series A round.

This investment round was led by US-based Battery Ventures, with additional participation from Eight Roads Ventures (the proprietary investment arm of Fidelity International Limited) and Arbor Ventures, as well as Bessemer Venture Partners, who led the company’s seed round of $7.5 million in June, 2016. With the recent funding, the total funding of Hibob has reached the $25 million mark.

“Our vision is to transform the way businesses engage with their employees and empower HR to be at the forefront of this fundamental change,” says Ronni Zehavi, co-founder and CEO of Hibob.