Hiring News

Clariant elevates Priya Thaman as CHRO

Clariant has named Priya Thaman as chief human resources officer (CHRO), following her tenure in the role on an interim basis. The confirmation comes after a phase focused on execution, continuity, and progress across the company’s global people and culture agenda. During the interim period, Thaman worked closely with CEO Conrad Keijzer, the executive leadership [...] The post Clariant elevates Priya Thaman as CHRO appeared first on HR Katha .

Startup Funding

IIFL Fintech Fund buys secondary shares worth Rs 21 crore in regtech startup Leegality

IIFL Fintech Fund, backed by financial services conglomerate IIFL Group, has acquired secondary shares worth Rs 21 crore in document infrastructure startup Leegality. The transaction marks a follow-on move by IIFL Fintech Fund, which first invested in Leegality in 2022. “IIFL Fintech Fund has reinforced its conviction in Leegality by doubling down on its investment through its Series II fund, acquiring an additional stake via a secondary transaction,” a spokesperson for the fund said. Founded in 2016 by Prakhar Agrawal, Sapan Parekh and Shivam Singla, Leegality focuses on digitising paper-heavy enterprise workflows. The startup provides end-to-end digital document logistics and offers application programming interfaces that support e-signatures across multiple technology stacks, including BharatSign, National E-Governance Services Limited and BharatStamp. Its platform also includes signer verification, automated verification workflows, document tracking and security features, alongs...

Industry Trends

Kuku FM nearly triples FY25 revenue to Rs 242 crore; loss widens to Rs 153 crore

Kuku FM sharply scaled its business in FY25, nearly tripling its operating revenue, even as losses widened due to aggressive advertising spends, according to media reports. The audio content platform reported a 175% year-on-year jump in operating revenue to Rs 242 crore in FY25 from Rs 88 crore in FY24, following a 114% growth the previous year. The company also recorded Rs 16 crore in other income, taking its total income to Rs 258 crore for the year. The company's total expenses more than doubled to Rs 411 crore in FY25 from Rs 200 crore in FY24. Advertising and marketing emerged as the largest cost head, accounting for close to 70% of total expenditure. Ad spends surged nearly threefold to about Rs 285 crore from Rs 102 crore a year earlier. Employee benefit expenses rose 28% to Rs 60 crore, while information technology expenses increased 28% to Rs 27 crore. Depreciation costs tripled to Rs 9 crore during the year. As a result, Kuku FM’s net loss widened 59% to about Rs 153 crore...

Hiring News

LTIMindtree appoints Antony Dinesh as head-HR for the Americas

LTIMindtree has roped in Antony Dinesh as its new head-human resources for the Americas. The move comes as the IT services company continues to expand its footprint across North and South America, a region that remains critical to its global growth and client-delivery strategy. Based in New Jersey, Dinesh will spearhead the people function across [...] The post LTIMindtree appoints Antony Dinesh as head-HR for the Americas appeared first on HR Katha .

Salary / Compensation

Indian govt sanctions Rs 366.78 crore PLI-Auto incentive for Ola Electric

Ola Electric Mobility said the Ministry of Heavy Industries has sanctioned incentives worth Rs 366.78 crore under the Indian government's Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme), for claims pertaining to FY25. In a regulatory filing dated December 25, the EV maker said the sanction order was issued in favour of its wholly owned subsidiary, Ola Electric Technologies Private Limited. The approval relates to demand incentives linked to the determined sales value recorded during the financial year ended March 2025. The sanctioned amount will be disbursed through IFCI Limited, the designated financial institution for payouts under the PLI-Auto scheme, and released in accordance with the applicable terms and conditions of the scheme, as amended from time to time. The company said the incentive reflects its execution across scale, localisation, and technology-led vertically integrated manufacturing. Commenting on the development, an Ola Elect...

Industry Trends

What HR used to do that nobody needs anymore

If HR skills had a wardrobe, the last decade would have forced a ruthless clean-out. You know the kind—pieces you once loved, wore proudly, and defended passionately, only to realise one day they no longer fit the room you’re walking into. Not because they were bad. Simply because work changed faster than they did. Over [...] The post What HR used to do that nobody needs anymore appeared first on HR Katha .

Hiring News

herSTORY: Rajita Singh, CPO-India, head-HR, global delivery

The warrior princess Known to be fearless, Rajita Singh learnt to speak up, stand her ground and take on tough conversations early on. Little wonder that she was called Xena the Warrior Princess. And yes, she wore the title like a crown, although she wondered whether she needed to loosen up or soften a bit [...] The post herSTORY: Rajita Singh, CPO-India, head-HR, global delivery appeared first on HR Katha .

Industry Trends

Rentomojo profit jumps 92% in FY25; Revenue hits Rs 266 crore

Furniture and appliances rental startup Rentomojo reported a strong financial performance in FY25, with revenue rising 38% year on year and profit increasing 92%. Revenue from operations grew to Rs 266 crore in FY25 from Rs 193 crore in FY24, according to media reports. The growth was supported by higher subscriber additions, improved asset utilisation and tighter cost controls. The company's net rental revenue recorded a compound annual growth rate of 48.24% between FY23 and FY25. Founded in 2014, Rentomojo operates a subscription-led model that allows consumers to rent furniture, appliances and newer categories such as water purifiers. The company currently serves more than 2.2 lakh live subscribers, manages over 7.7 lakh rental assets and operates across 23 cities through 71 experience stores. Earnings before interest, tax, depreciation and amortisation rose to Rs 118.41 crore in FY25 from Rs 78.23 crore in FY24. Return on capital employed stood at 25.1% during the year, driven b...

Hiring News

Saint-Gobain Group in India has a new head of talent acquisition in Akash KJ

Akash K J is now head of talent acquisition, Saint-Gobain Group in India. He was earlier head of human resources, Saint-Gobain Weber India, from October of 2023 to June of 2025. This alumnus of the University of Madras and the Indian Institute of Management Ahmedabad (IIM_A), interned with Radisson Blu, Minda SAI, and Bajaj Auto [...] The post Saint-Gobain Group in India has a new head of talent acquisition in Akash KJ appeared first on HR Katha .