Entrepreneurship Studio

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usa

The image is a wide banner showcasing the branding and merger announcement between Phenom and Tydy. It features the logos of both companies with the phrase "Phenom + Tydy" prominently displayed in the center. The tagline "The future of phenomenal onboarding" is positioned beneath the logos, suggesting a focus on innovative HR solutions. The background blends soft gradients of orange, pink, and purple, overlaid with a wave-like pattern in white, adding a modern, dynamic look to the design.

Phenom Acquires Tydy, Bolsters Onboarding Solutions

July 3, 2024

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.

An astronaut floating in space between the American flag on the left and the Indian flag on the right, set against a starry night sky background.

US-India Human Spaceflight Cooperation Advances: Indian Astronaut to Fly to ISS

Anurag Trivedi

June 19, 2024

The governments of the United States and India have announced their ongoing cooperation in human spaceflight, which includes plans for an Indian astronaut to fly to the International Space Station (ISS). This initiative was highlighted in a fact sheet released after the U.S.-India initiative on Critical and Emerging Technology (iCET) meeting in New Delhi. While specific details about the astronaut, mission carrier, and flight timeline are still being finalized, the collaboration marks a significant milestone in space exploration for both nations.