Wednesday 25 December 2019

PeopleStrong acquired SaaS firm Qilo

PeopleStrong HR Services Pvt. Ltd, a human resources technology company, has acquired software-as-a-services company Qilo Technologies Pvt. Ltd in its third takeover deal over the past two years. The acquisition will help PeopleStrong strengthen its talent and workforce management offerings.

The acquisition will help the firm’s clients simplify and measure strategy execution and align individual performance to business outcomes across all levels. Noida-based Qilo was incorporated in 2015. The firm says it helps organizations by providing them solutions relating to strategy execution and objectives and key results (OKR) performance management.
Its platform delivers services such as team alignment, real-time visibility, business digitization, and performance measurement. The company has worked with organizations such as BigBasket, Meesho, Chumbak, and CarDekho.

PeopleStrong, meanwhile, was set up in 2005. The HR services firm says it has around 1,000 employees and more than 170 customers across industries. Its services cover the whole spectrum of human resources, including talent acquisition, human capital management, workplace data and insights, and payroll functions.

Monday 9 December 2019

TripAdvisor acquires SinglePlatform

TripAdvisor, Inc. the world’s largest travel platform has acquired leading menu management company SinglePlatform from Endurance International Group to help the more than five million restaurants listed on TripAdvisor attracts more diners and offers a better guest experience.

Today, 93 percent of diners check menus online before choosing a place to eat, but for restaurants, keeping their menus up to date everywhere on the Internet is challenging and time-consuming process. SinglePlatform works with restaurants to easily publish and manage their menus and other key information such as their business name, opening hours and contact information on main search and discovery sites like Google and Facebook. Upon completion of the integration, restaurants will be able to subscribe to the service and conveniently update their menus across the web, all at one time, directly from the TripAdvisor management center.
TripAdvisor will expand its digital marketing suite for restaurants and soon offer valuable menu and listings management services to restaurant owners globally utilizing the knowledge and network of the SinglePlatform technology. In addition, TripAdvisor will be able to offer a more advanced menu integration to help diners searching on TripAdvisor for restaurants.

TripAdvisor currently offers restaurants free features to respond to diner reviews and update their listing information on its site and app, as well as paid advertising opportunities such as TripAdvisor Ads and TripAdvisor Premium to drive more exposure and traffic to their businesses.

Tuesday 3 December 2019

Wipro buys Canway Corporation

The consumer care business of software provider Wipro Ltd has made its second overseas acquisition this year with a deal to buy a South African brand.

Wipro Consumer Care & Lighting has bought Canway Corporation, which markets its offerings in categories such as bath & shower, hand creams, fragranced body sprays, and kids’ products through brands such as Oh So Heavenly, Iwori and IQ. The deal amount was not disclosed.
Canway sells its Oh So Heavenly brand items through Clicks, one of the leading health and beauty retailers in South Africa. Wipro Consumer Care & Lighting’s South African acquisition comes after the consumer care business acquired Filipino personal care firm Splash. With the purchase of Splash came brands including SkinWhite (body lotions) and Vitress (hair conditioner).

Wipro Consumer Care & Lighting has made a number of overseas acquisitions. In 2016, it bought Chinese fast-moving consumer goods company Zhongshan Ma Er Daily Products Ltd in an all-cash deal. Its first acquisition was in 2003, when it bought Glucovita, a glucose brand from Hindustan Unilever. In subsequent years, it added Chandrika (2004), Unza (2007), Yardley - Middle East, North Africa and Australasia (2009), Yardley UK (2012), and LD Waxsons Group (2012). Wipro Consumer Care & Lighting has also launched a venture capital fund called Wipro Consumer Care–Ventures.