About People Strong
People Strong is a Technology company based in Gurugram (India) founded in 2005 by Pankaj Bansal, and was acquired by Goldman Sachs in April 2025. Cloud-based human resource management software is offered. People Strong has raised $30.68 million across 19 funding rounds from investors including Zeta Global, HDFC Bank and Goldman Sachs. The company has 941 employees. People Strong has completed 6 acquisitions, including BBSPL, Capabiliti and GrownOut. People Strong was last valued at $63.51 million in July 2021. Its chief executive, as recorded, is Sandeep Chaudhary. Its website peoplestrong.com draws about 2.4 million monthly visits. Its Indian entity Peoplestrong Technologies Private Limited reported revenue of ₹196 Cr. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite. Its competitors include Darwinbox and GreytHR; 2 of its 2 listed competitors have raised funding.
Company details
PeopleStrong is a provider of cloud-based human resource management software. The product offerings include Alt Worklife, an HCM solution with features as employee onboarding, engagement, transfer management, etc; Alt Performance, a performance management software with features as goal management, performance reviews, feedback management, analytics, etc; Alt Recruit, a recruitment management software to manage end-to-end recruitment; Alt Analytics, an AI-based talent analysis solution that provides employers insights about candidates; The clientele includes Mahindra rise, HDFC Life, ICICI Prudential, CEAT, Royal Enfield, Tata Motors, Paytm, P G, Continental, Vivo, etc.
- Headquarters Gurugram, India
- Employees 941
- Founders Pankaj Bansal
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology
- Phone•••• ••••
- Website peoplestrong.com
- Social LinkedIn X Facebook YouTube
- Acquired by Goldman Sachs (Apr 2025)
- Legal Name Peoplestrong Technologies Private Limited
- Date of Incorporation 14 Feb, 2006
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹196 Cr
FY 2025 · +10% YoY
- Net Profit₹2.03 Cr
FY 2025 · 1% margin
- EBITDA-₹7.73 Cr
FY 2025 · -3% margin
- Total Equity Funding$30.68M (USD)
in 19 rounds
- Latest Funding Round$4.32M (USD), Series C
Jun 2025
- InvestorsZeta Global
& 32 more
- Employee Count941
- Investments & AcquisitionsBBSPL
& 5 more
- Acquired by
Associated legal entities of People Strong
People Strong operates through Peoplestrong Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Peoplestrong Technologies Private Limited CIN U74910HR2006PTC074078 | Active | 14 Feb 2006 | Gurgaon, Haryana | ₹196 Cr | 1,014 | 5 | View details |
Apps and channels of People Strong
People Strong publishes 1 mobile app with over 1M+ downloads; its YouTube channel PeopleStrong Technologies Pvt. Ltd. has 2.01K subscribers and 30 videos.
Videos from People Strong
The most watched videos on People Strong's YouTube channel, PeopleStrong Technologies Pvt. Ltd. (2.01K subscribers). Click a video to play it here.
More on PeopleStrong Technologies Pvt. Ltd..
Funding Insights of People Strong
People Strong has successfully raised a total of $30.68M across 19 strategic funding rounds. The most recent funding activity was a Series C round of $4.32 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $30.68M
- Total Rounds 19
- Last Round Series C — $4.32M
- First Round $44,469
(May 2006)
- Investors Count 32
Latest 10 of 19 funding rounds of People Strong with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2025 | $4.32M | Series C | – | West Street AEP I Offshore Aggregator | – |
| Jul 2021 | $134,368 | Angel Round | $63.51M | – | |
| May 2018 | $9.58M | Series C | $56.18M | Multiples Alternate Asset Management | |
| Dec 2017 | $624,120 | Series B | $••••• | Zeta Global | – |
| Oct 2017 | $77,018 | Angel Round | $••••• | – | |
| Apr 2016 | $2.19M | Series A | – | Pulkit Sekhsaria | |
| Apr 2015 | $2.25M | Series A | $••••• | – | |
| Oct 2014 | $2.19M | Series A | – | – | |
| Jun 2014 | $1.1M | Series A | $••••• | – | |
| Jun 2013 | $2.5M | Series A | $••••• | HDFC Bank |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2021 | $63.51M | •••••••• |
| May 2018 | $56.18M | •••••••• |
| Dec 2017 | $••••• | •••••••• |
| Oct 2017 | $••••• | •••••••• |
| Apr 2015 | $••••• | •••••••• |
| Jun 2014 | $••••• | •••••••• |
| Jun 2013 | $••••• | •••••••• |
| Jul 2012 | $••••• | •••••••• |
Full valuation and stage history of People Strong
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $63.51M (Jul 2021). 33 investors in total: 11 institutional and 22 angel.
Investors in People Strong
People Strong has secured backing from 33 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Zeta Global, HDFC Bank and Goldman Sachs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment partnerships, entrepreneur support, and profit-focused services in finance. | 2009 | multiplesequity.com | Mumbai, India | |
Investment in alternative assets, businesses, and funds in India. | 2006 | lumispartners.com | Gurugram, India | |
Venture capital support for technology startups in workforce and productivity innovation. | 2012 | thehrfund.com | Gurugram, India | |
Venture capital investments are directed toward tech startups by A3Ventures. | a3.com | Berkeley, United States | ||
Potato farming, grain marketing, and equipment services in Maine. | 2002 | withya.com | Gurugram, India | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Commercial and personal banking services are offered by HDFC Bank. | 1994 | hdfcbank.com | Mumbai, India | |
Zeta Global is recognized as an AI-powered marketing cloud. | 2007 | zetaglobal.com | New York, United States | |
Cement and building materials are manufactured by Ambuja Cements. | 1983 | ambujacement.com | Mumbai, India | |
Investor details for People Strong
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Board of directors of Peoplestrong Technologies Private Limited (People Strong)
Peoplestrong Technologies Private Limited is the primary company behind People Strong. The board of Peoplestrong Technologies Private Limited currently have 5 directors; the longest-serving is Pankaj Bansal, appointed in 2006. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Bansal DIN 00202533 | Director | 14 Feb 2006 | 20 yrs 8 mo | Peoplestrong Technologies Private Limited |
| Sandeep Chaudhary DIN 06968827 | Whole-time director | 15 Jan 2020 | 6 yrs 9 mo | Peoplestrong Technologies Private Limited |
| Sulabh Arya DIN 09166446 | Nominee Director | 17 Apr 2025 | 1 yr 6 mo | Peoplestrong Technologies Private Limited |
| Rajat Sood DIN 07914803 | Nominee Director | 17 Apr 2025 | 1 yr 6 mo | Peoplestrong Technologies Private Limited |
| Dinesh Khara DIN 06737041 | Additional Director | 01 Oct 2025 | 1 yr 1 mo | Peoplestrong Technologies Private Limited |
People of People Strong
194 people are tracked at People Strong (51 in leadership, 4 in board & advisors, 139 in team); the tracked headcount is 941.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| CEO | Leadership | |
Prakash Rao | Founding Member & President, Customer Success | Leadership |
Kiran Kumar | Founding Member & Chief Sales Officer | Leadership |
Rajesh Batra | Founding Member & CFO | Leadership |
Gagan Agarwal | Function Head - App Support | Leadership |
Rupali Tripathi | Associate Vice President - Customer Success - MEA | Leadership |
Radhika Katyal | VP & Chief Of Staff | Leadership |
Meha Mittal | Product Director | Leadership |
Vineet Pandita | CTO | Leadership |
Harish Goel | Director Of Engineering | Leadership |
Vishal Saha | Founding Member & Chief Product Officer | Leadership |
Rahul Dwivedi | Associate Director-sales | Leadership |
Mrigank Tripathi | President, Growth, PeopleStrong | Leadership |
Amit Jain | Chief People Officer, PeopleStrong | Leadership |
Ankur Goel | Deputy Chief Product Officer | Leadership |
Parul Bhatia | Director-product | Leadership |
Sushil Mishra | Associate Vice President - Implementation | Leadership |
Aman Priya Srivastava | Director Of Products | Leadership |
Paawan Juneja | Associate Vice President - Digital HR Transformation | Leadership |
174 more people are available in the full profile.
Complete people profiles for People Strong
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Financials of People Strong
Figures of Peoplestrong Technologies Private Limited, the primary company behind People Strong, for FY 2025. Revenue was ₹196 Cr (+10% year on year). Net profit was ₹2.03 Cr (1% margin). EBITDA was -₹7.73 Cr (-3% margin). Revenue has grown at a compounded annual rate of +10% over three years and +18% over five years.
- ₹196 CrRevenue · FY 2025 · +10% YoY
- ₹2.03 CrNet profit · 1% margin
- -₹7.73 CrEBITDA · -3% margin
- ₹14.9 LakhPaid-up capital
- 1,014Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Peoplestrong Technologies Private Limited are on its company page.
Detailed financial statements for People Strong
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Investments & Acquisitions by People Strong
People Strong has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include BBSPL, Capabiliti and GrownOut.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based software for employee payroll management is provided. | payreview.com | 2013 | Mar 2022 | •••• | ||
Cloud-based compensation platform | payreview.work | Gurugram, India | 2017 | Mar 2022 | •••• | |
Employee engagement software is provided for recognition and feedback. | qilotech.com | Noida, India | 2012 | Dec 2019 | •••• | |
Frontline employees are trained and engaged through a mobile-first platform. | capabiliti.co | Noida, India | 2014 | Mar 2018 | •••• | |
Referral hiring is enabled through social networking automation. | grownout.com | Delhi, India | 2013 | Jan 2018 | •••• | |
HRMS software | bbspl.com | Delhi, India | 1999 | Jun 2014 | •••• |
Complete acquisition details for People Strong
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Timeline of People Strong
12 dated milestones of People Strong across 20 years, from founding to its latest funding, stage changes and deals.
- Founded People Strong is founded.
- Funding First funding round of $44K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires BBSPL.
- Exit Acquired by Multiples Alternate Asset Management.
- Acquisition Acquires GrownOut.
- Acquisition Acquires Capabiliti.
- Acquisition Acquires Qilo Tech.
- Acquisition Acquires PayReview.
- Acquisition Acquires Payreview.com.
- Exit Acquired by Goldman Sachs.
- Funding Latest funding round, Series C, of $4.3M.
Competitors of People Strong
People Strong has 2 listed competitors in our database, 2 of them funded. They include Darwinbox and GreytHR.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| darwinbox.com | 2015 | Hyderabad, India | $143.97M | 1,022 | Human capital management platform is provided for HR process automation. | |
| greythr.com | 1994 | Bengaluru, India | $46.87M | 767 | Cloud-based HRMS and payroll software solutions are provided. |
Detailed competitors of People Strong
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Web traffic of People Strong
The website of People Strong (peoplestrong.com) receives about 2.4M visits a month and ranks #17,218 among all websites worldwide, #2,284 in Computers Electronics and Technology.
- Monthly visits2.4M
▲ 6.9% vs previous month
- Unique visitors573.4K
per month
- Global rank#17,218
among all websites
- Category rank#2,284
Computers Electronics and Technology
- Bounce rate21%
- Pages per visit8.2
- Average visit4 min 47 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with People Strong. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zaubacorp.com | 100% | 4.9M | #12,689 | View details | |
| fiverr.com | 86% | 44.5M | #668 | View details | |
| slideshare.net | 78% | 39.1M | #1,467 | View details | |
lnkd.in | lnkd.in | 76% | #11,546 | – | |
| bitbucket.org | 75% | 12.5M | #3,629 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for People Strong
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Related news about People Strong
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Frequently Asked Questions about People Strong
People Strong was founded in 2005 and raised its 1st funding round 1 year after it was founded.
People Strong is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Sandeep Chaudhary is the CEO of People Strong, as recorded in our data.
People Strong is a funded company, having raised a total of $30.68M across 19 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on May 2006.
People Strong has 941 employees.
The primary company behind People Strong, Peoplestrong Technologies Private Limited, reported revenue of ₹196 Cr for FY 2025, up 10% year on year.
PeopleStrong is a provider of cloud-based human resource management software. The product offerings include Alt Worklife, an HCM solution with features as employee onboarding, engagement, transfer management, etc; Alt Performance, a performance management software with features as goal management, performance reviews, feedback management, analytics, etc; Alt Recruit, a recruitment management software to manage end-to-end recruitment; Alt Analytics, an AI-based talent analysis solution that provides employers insights about candidates; The clientele includes Mahindra rise, HDFC Life, ICICI Prudential, CEAT, Royal Enfield, Tata Motors, Paytm, P G, Continental, Vivo, etc.
People Strong has made 6 acquisitions, including BBSPL, Capabiliti, and GrownOut.
People Strong has 33 investors. Key investors include Zeta Global, HDFC Bank, Goldman Sachs, Ambuja Cements, and Lumis Partners.
The valuation of People Strong is $63.51M as of Jul 2021.
People Strong operates through Peoplestrong Technologies Private Limited.