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.

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