About Accrue Benefits
Accrue Benefits is a Technology company based in India founded in 2020. It operates as an app for earning rewards via games, learning, and colleague recognition. It operates on a B2B and SaaS model. Its Indian entity Appsun Scientific Private Limited reported revenue of ₹46.5 Lakh. Accrue Benefits offers products and services including Accrue App, Games Feature, E-Learning Module, and Appreciations Feature. Its focus areas include HR Tech, Employee Benefits, Recognition Tools and Employee Engagement. Its competitors include Culture Amp, Achievers, ScribbleLive, Xoxoday and Fond and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Accrue Benefits is a mobile app designed for employees to claim gift vouchers by participating in learning activities, playing competitive games, and appreciating colleagues work. Users earn coins through these engagements, which can be redeemed for vouchers from various merchants. The platform fosters a fun, community-driven environment to enhance company culture and employee engagement. It is accessible on any mobile device and supports organizations in improving internal dynamics and recognition programs.
- Headquarters India
- SectorsTechnology
- Email••••••••
- Website accruebenefits.com
- Legal Name Appsun Scientific Private Limited
- Date of Incorporation 10 Feb, 2016
- Jurisdiction Delhi, India
- Annual Revenue₹46.5 Lakh
FY 2022 · +139% YoY
- Net Profit₹1.7 Lakh
FY 2022 · 4% margin
- EBITDA₹4 Lakh
FY 2022 · 9% margin
Associated legal entities of Accrue Benefits
Accrue Benefits operates through Appsun Scientific Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Appsun Scientific Private Limited CIN U74999DL2016PTC290868 | Active | 10 Feb 2016 | Delhi, Delhi | ₹0.5 Cr | – | 2 | View details |
Products & Services of Accrue Benefits
Accrue Benefits offers a comprehensive portfolio of products and services, including Accrue App, Games Feature, E-Learning Module, and Appreciations Feature.
App for earning coins through games and learning for voucher redemption.
Competitive games to earn rewards and interact with colleagues.
Courses and quizzes for earning coins and career advancement.
System for appreciating colleagues to build team morale.
Apps and channels of Accrue Benefits
Accrue Benefits publishes 2 mobile apps with over 10K+ downloads.
Board of directors of Appsun Scientific Private Limited (Accrue Benefits)
Appsun Scientific Private Limited is the primary company behind Accrue Benefits. The board of Appsun Scientific Private Limited currently have 2 directors; the longest-serving is Pankaj Kumar Prasad, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Kumar Prasad DIN 07361709 | Director | 10 Feb 2016 | 10 yrs 8 mo | Appsun Scientific Private Limited |
| Payal Prasad DIN 07433976 | Director | 10 Feb 2016 | 10 yrs 8 mo | Appsun Scientific Private Limited |
Financials of Accrue Benefits
Figures of Appsun Scientific Private Limited, the primary company behind Accrue Benefits, for FY 2022. Revenue was ₹46.5 Lakh (+139% year on year). Net profit was ₹1.7 Lakh (4% margin). EBITDA was ₹4 Lakh (9% margin). Revenue has grown at a compounded annual rate of +337% over three years.
- ₹46.5 LakhRevenue · FY 2022 · +139% YoY
- ₹1.7 LakhNet profit · 4% margin
- ₹4 LakhEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- +337%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Appsun Scientific Private Limited are on its company page.
Detailed financial statements for Accrue Benefits
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Accrue Benefits
Accrue Benefits has 10 listed competitors in our database, 9 of them funded. They include Culture Amp, Achievers, ScribbleLive, Xoxoday and Fond, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cultureamp.com | 2009 | Richmond, Australia | $258.3M | – | Employee experience management platform | |
| achievers.com | 2002 | Toronto, Canada | $50.7M | 3 | Employee Recognition and engagement platform provider | |
| scribblelive.com | 2008 | Toronto, Canada | $61.32M | – | Employee engagement is supported through interactive assessments and polls. | |
| xoxoday.com | 2012 | Bengaluru, India | $30.61M | 269 | AI-powered loyalty, rewards, and employee engagement solutions are provided. | |
| fond.co | 2012 | San Francisco, United States | $36.02M | 31 | Employee recognition and perks are facilitated via a digital platform. | |
| vantagecircle.com | 2011 | Plano, United States | $349,751 | 262 | Employee benefits and engagement are delivered via a cloud-based platform. | |
| rewardgateway.com | 2006 | Rochester, United States | – | 324 | Employee engagement software is provided for performance management and recognition. | |
| blueboard.com | 2013 | San Francisco, United States | $17.96M | 154 | Perks management platform for employers | |
| bonusly.com | 2012 | Boulder, United States | $31.39M | 48 | Employee recognition and rewards are enabled via a cloud-based platform. | |
| nectarhr.com | 2016 | Orem, United States | $53.5M | – | Cloud-based employee recognition and reward software for businesses |
Detailed competitors of Accrue Benefits
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Accrue Benefits (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about Accrue Benefits
Accrue Benefits was founded in 2020.
Accrue Benefits is headquartered in India.
The primary company behind Accrue Benefits, Appsun Scientific Private Limited, reported revenue of ₹46.5 Lakh for FY 2022, up 139% year on year.
Accrue Benefits is a mobile app designed for employees to claim gift vouchers by participating in learning activities, playing competitive games, and appreciating colleagues work. Users earn coins through these engagements, which can be redeemed for vouchers from various merchants. The platform fosters a fun, community-driven environment to enhance company culture and employee engagement. It is accessible on any mobile device and supports organizations in improving internal dynamics and recognition programs.
Accrue Benefits's top competitors include Culture Amp, Xoxoday and Vantage Circle.
Accrue Benefits offers Accrue App, Games Feature, E-Learning Module, and Appreciations Feature.
Accrue Benefits operates through Appsun Scientific Private Limited.
The legal entities of Accrue Benefits currently have 2 directors, including Pankaj Kumar Prasad, Payal Prasad.
Yes. Accrue Benefits publishes Accrue and 1 more app, with over 10,000 downloads.