Technology

Nxtwave founders earn the prestigious Forbes India 30 under 30 in the education category for empowering Tier-2, 3 & 4 college students

Published

11 months ago

February 16, 2024

This accolade comes after the company’s stellar achievement of securing a notable Series A funding of INR 275 crores

HYDERABAD, India, Feb. 16, 2024 /PRNewswire/ — India’s leading edtech and upskilling platform, NxtWave, gains the spotlight as its co-founders Sashank Reddy Gujjula and Anupam Pedarla are honored in Forbes 30 Under 30. Being included in this prestigious list underscores their commitment to elevate India’s tech horizon 4.0 by empowering Tier-2, Tier-3, and Tier-4 engineering college students. It recognizes 30 leaders for their ground-breaking achievements across industries. This stellar achievement comes after their last year’s notable Series A funding of INR 275 crores.

This honor is particularly noteworthy as it emerges from a highly competitive landscape, with the Department for Promotion of Industry and Internal Trade (DPIIT) reporting over 5500 recognized EdTech startups across the nation. The selection of NxtWave’s co-founders as the sole representatives in the education category highlights their massive contributions to the field.

According to a report by Morgan Stanley, India’s IT industry is expected to triple in this decade. Despite numerous opportunities, students face difficulties in securing jobs due to a lack of industry-relevant skills. After graduating from IIT Bombay and IIT Kharagpur respectively, Sashank and Anupam recognized this problem and were determined to solve it. They turned down lucrative job offers and together with Rahul Attuluri ( IIIT Hyderabad graduate), established NxtWave, aiming to equip the youth with modern Industry 4.0 technology skills and provide them with reliable placement support.

Since then, NxtWave has grown to be one of the fastest-growing edtech startups in the country with a complete focus on upskilling for tech careers in vernacular languages. In just 4 years, students from across 28 states and 5 union territories have enrolled in the company’s tech-focused CCBP 4.0 Academy and Intensive 2.0 programs. NxtWave has also built a strong student community of more than a lakh across 3,500+ colleges across the country.

Anupam Pedarla, Co-founder and Chief Operating Officer at NxtWave, said, “Youth is the strength of our nation. Equipping them with the right skills can make India a global leader. Our aim is to bring world-class technology education to every corner of India. We believe every student has a lot of potential, and with proper guidance, they can achieve incredible success. Our NxtWave students have proven this time and again. This recognition from Forbes validates the change NxtWave is bringing into the lives of thousands of young individuals.”

Sashank Reddy Gujjula, Co-founder and Head of Customer Experience at NxtWave, said, “This recognition is not just a personal achievement but a testament to the hard work of the NxtWave team and our students who dream big and learn consistently to secure great careers. Such accolades motivate us further towards our goal of preparing our youth for the tremendous opportunities in the technology sector.”

Over the last couple of years, the startup has forged associations with 1700+ companies which includes giants like Amazon, Google, Bank of America among others, for facilitating successful hiring of its students. Furthering its mission of improving placements for India’s youth, the company is on track to onboard 10,000 companies to hire its students in the next 2 years.

About NxtWave:

Founded by alumni of premier Indian institutions, including IIT Bombay, IIT Kharagpur, and IIIT Hyderabad – Sashank Reddy Gujjula, Anupam Pedarla, and Rahul Attuluri, NxtWave is on a mission to create India’s largest online employability platform for tech careers. NxtWave offers vernacular, asynchronous, and online cohort-based training programs in Industry 4.0 Tech career tracks for college students, graduates, and early professionals. Over the past couple of years, NxtWave has facilitated the hiring of thousands of its learners by more than 1700 companies, ranging from fast-growing startups to Fortune 500 giants. For more information on NxtWave, please visit: https://www.ccbp.in/

Photo: https://mma.prnewswire.com/media/2341771/Nxtwave_Image.jpg

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Technology

Made4net and Gather AI Partner to Enhance Supply Chain Accuracy and Efficiency

Published

43 minutes ago

January 15, 2025

WMS and AI-driven drone inventory technology streamline warehouse operations, improve inventory accuracy, and reduce costs

TEANECK, N.J., Jan. 15, 2025 /PRNewswire/ — Made4net, a global provider of cloud-based Warehouse Management Systems (WMS) & end-to-end supply chain execution software, and inventory intelligence solution Gather AI, are proud to announce their partnership. Together, the two companies deliver innovative inventory management solutions that empower joint customers like Barrett Distribution Centers and Taylor Logistics with WMS and AI-driven drone inventory technology to streamline operations, improve inventory accuracy, and reduce costs.

Joint customer, Barrett Distribution Centers, demonstrates the transformative impact of the Made4net and Gather AI partnership. By utilizing Gather AI’s advanced AI-based drone inventory technology with Made4net’s 3PL warehouse management system, Synapse 3PLExpert WMS, Barrett ensures unparalleled inventory accuracy for Stadium Goods, a consignment e-tailer specializing in high-value sneakers. The drones, equipped with computer image AI-driven software, autonomously scan and verify the placement of 500,000 pairs of shoes stored across complex warehouse layouts.

Similarly, Taylor Logistics has achieved faster and more cost-effective cycle counts for cases and pallets using the Gather AI solution in conjunction with Synapse 3PLExpert WMS. By automating inventory data collection and seamlessly syncing it back into the WMS, Taylor ensures real-time accuracy while optimizing operational efficiency.

“Partnering with Gather AI reinforces Made4net’s commitment to continue introducing innovative technology and delivering state-of-the-art solutions that drive supply chain excellence,” said Amit Levy, EVP of Sales and Strategy at Made4net. “By combining our robust WMS capabilities with Gather AI’s cutting-edge inventory intelligence technology, we’re helping our customers achieve new levels of accuracy, efficiency, and cost savings.”

“Gather AI’s mission is to empower warehouses with actionable insights that reduce costs and improve operations,” said Sankalp Arora, Ph.D., CEO & Co-Founder of Gather AI. “Collaborating with Made4net enables us to bring these benefits to more customers, helping them stay competitive in today’s fast-paced logistics landscape.”

About Made4net
Made4net is a leading global provider of best-in-class, cloud-based supply chain execution and warehouse management solutions for organizations of all sizes to improve the speed and efficiency of their supply chain. Visit www.made4net.com to learn more.

About Gather AI
Pittsburgh-based Gather AI is a market leader in supply chain AI to decrease the cost of inventory, improve productivity, and boost revenue. Visit www.gather.ai to learn more.

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SOURCE Made4net, LLC

Technology

ADP Declares Regular Quarterly Dividend

Published

43 minutes ago

January 15, 2025

ROSELAND, N.J., Jan. 15, 2025 /PRNewswire/ — The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of $1.54 per share payable April 1, 2025 to shareholders of record on March 14, 2025.

About ADP (NASDAQ – ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com

ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc.

ADP – Investor Relations

Investor Relations Contacts:
Matthew Keating, CFA
973.974.3037
Matthew.Keating@adp.com

ADP – Media

Media Contact:
Allyce Hackmann
201.400.4583
Allyce.Hackmann@adp.com

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SOURCE ADP – IR

Technology

CobbleStone Software Announces 2025 Roadshow for Client CLM Training

Published

43 minutes ago

January 15, 2025

CobbleStone Software announces its 2025 Roadshow, “Fostering Your Future Through Industry-Leading CLM.”

PRINCETON, N.J., Jan. 15, 2025 /PRNewswire-PRWeb/ — CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – is excited to announce its 2025 Roadshow for clients, “Fostering Your Future Through Industry-Leading CLM.” This immersive training will provide personalized learning, hands-on practice, and actionable insights for users of CobbleStone Contract Insight® contract management and eProcurement software.

“Through this event, we aim to provide a collaborative learning environment that encourages clients to navigate the complexities of contract management with ease and confidence using CobbleStone Contract Insight.” – Bradford Jones, VP of Sales & Marketing at CobbleStone

Improper or outdated contract management methods make operations difficult – and contract managers are feeling the heat. According to a World Commerce & Contracting survey of its members, 84 percent experience pressure for contract simplification (1). Thankfully, a strong contract management software solution that also supports continued learning and mastery can foster contract automation and a more straightforward process.

Such is the purpose of CobbleStone’s 2025 Roadshow for client training: to go above and beyond just providing an award-winning contract management solution and continue equipping contract managers with its widely praised learning and practice resources.

CobbleStone clients are encouraged to sign up for this can’t-miss CLM event with the following locations and dates:

> Orlando, Florida on April 25th

> Chicago, Illinois on May 16th

> Los Angeles, California on September 26th

> Dallas, Texas on October 24th

Click here to learn more and/or register for the event!

“Our 2025 Roadshow reflects our commitment to fostering client empowerment and equipping our users with the tools and knowledge needed to succeed,” says Bradford Jones, VP of Sales and Marketing at CobbleStone Software.

Contact CobbleStone Software for a free demo.

For more information, email Sales@CobbleStoneSoftware.com or call 866-330-0056.

About CobbleStone Software:

CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering seamless integrations, ease-of-use, and high scalability. CobbleStone’s contract lifecycle management solutions provide simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, more intelligent contracts with VISDOM® artificial intelligence and machine learning, and more.

Follow CobbleStone Software on social media:
> LinkedIn
> X
> Facebook
> YouTube

To stay up to date on contract lifecycle management industry trends and news, subscribe to CobbleStone’s Contract Insights blog.

Media Contact

Sean Heck, CobbleStone Software, 866-330-0056, Marketing@CobbleStoneSoftware.com, https://www.cobblestonesoftware.com/

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SOURCE CobbleStone Software