TagZ Foods, renowned for its air-popped, guilt-free snacks, has been acquired by Reliance Retail for ₹28 crore. From its Shark Tank India debut to redefining snacking, TagZ’s journey exemplifies startup success. With Reliance’s backing, the brand is set to expand its reach, driving a healthier snacking revolution in India.
Phenom, a US-based HRtech company, has acquired Tydy, another US HRtech startup specializing in pre-boarding and onboarding solutions. With development centers in Hyderabad and Vizag employing 850 and 250 people respectively, Phenom aims to significantly expand its workforce. Tydy, based in Bengaluru with a 40-person team, will have its team, including co-founders Kiran Menon, Nikhil Gurjer, and Gaurabh Mathure, integrate into Phenom. The acquisition, Phenom's fifth, is set to enhance the employee onboarding process and shorten the time to productivity. Valued at $1.4 billion in 2021, Phenom emphasizes the strategic value of this acquisition in improving HR practices and expediting operational steps necessary for new hires. Tydy’s technology will now support Phenom's comprehensive approach to optimizing hiring, growth, and retention outcomes across organizations.
