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Amid Global Talent Shortage, Everest Group Identifies Skilling Strategies that Drive 3X ROI for Talent-Focused Organizations
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Synopsis
India survived the first wave reasonably better than most other nations, and the IT/ ITeS industry, in particular, responded remarkably well. However, the turn of the year brought bad news, causing a much higher and rather immeasurable loss of productivity. The storm still rages.
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The events currently unfolding in India do not impact Indians alone, but have a seismic impact on the rest of the world.
Words like ‘disaster’, ‘tragedy’, and ‘pandemic’ do no justice to the pathos currently enveloping the world’s largest democracy. As the infrastructure crumbled, piece by piece, from testing to hospital beds; from medicines to oxygen; from cemetery space to (now) vaccines, Indians (including many global citizens) rallied to save their near and dear ones. However, even as the English language fails to adequately capture the situation that has been unraveling in India, we take inspiration from the lyrics of Gloria Gaynor’s 1978 classic – ‘We
ANSR raises $15M Series B from Sistema Asia Fund and Evolvence
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BANGALORE, India, May 20, 2021 /PRNewswire/ ANSR, the market leader in helping leading global organisations accelerate digital transformation and technology innovation through Global Capability Centers (GCC s), announced that it has raised $15M in its Series B financing round from Sistema Asia Fund and Evolvence India Fund. ANSR had earlier raised Series A from Accel Partners, who will remain invested as the largest shareholder of ANSR.
Commenting on the development, Shekhar Kirani, Partner at Accel added,
We remain very pleased with ANSR s continued ability to pioneer the disrupt the traditional offshore services paradigm. As an important FDI influencer, ANSR remains at the forefront of the high-end job creation story in India and Poland. Operating a global team will be a mainstream business strategy in the next normal and ANSR excels in enabling companie
ANSR, provider of consulting services to Global Capability Centers (GCCs), announced that it has raised $15 million in its Series B financing round from Sistema Asia Fund and Evolvence India Fund. ANSR had earlier raised Series ‘A’ from Accel Partners, who will remain invested as the firm s largest shareholder. ANSR provides end-to-end GCC products to help enterprises build and manage global teams, including talent acquisition, bespoke workspaces and infrastructure, consulting and business operations (finance, payroll, HR and legal). These are offered via a monthly subscription business model. “ANSR is the market leader in the GCC space with a comprehensive offering for global enterprises looking to set up global technology hubs in India and similar geographies. Under Lalit’s stewardship, ANSR is poised to become a globally relevant and enduring enterprise solutions company,” noted Sumit Jain, Senior Partner-Sistema Asia Fund, who joins the board of the company followi
Google antes up USD 2.6M to settle pay, job discrimination case
Agencies
February 2, 2021
California, Feb 2: Google will pay USD 2.6 million to more than 5,500 employees and past job applicants to resolve allegations that the internet giant discriminated against female engineers and Asians in California and Washington state.
The settlement announced Monday closes a 4-year-old case that the Labour Department brought as part its periodic reviews of the pay practices at federal government contractors such as Google.
That inquiry resulted in accusations that during a period spanning from 2014 to 2017, Google paid female engineers less than men in similar positions. The pay discrepancies were cited in several Google offices in its home state of California, as well as at locations in Seattle and Kirkland, Washington.
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