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.