About People Strong
People Strong is a company based in Gurugram (India) founded in 2005 by Pankaj Bansal was acquired by Goldman Sachs in April 2025. 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 as of January 31, 2025. People Strong has completed 6 acquisitions, including BBSPL, Capabiliti and GrownOut. People Strong operates in a competitive market with competitors including Workday, Kronos, Paylocity, Ceridian and Darwinbox, among others.
- Headquarter Gurugram, India
- Employees 941 as on 31 Jan, 2025
- Founders Pankaj Bansal
- Stage Minicorn
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Peoplestrong Technologies Private Limited
- Date of Incorporation 14 Feb, 2006
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$32.07 M (USD)1.03as on Mar 31, 2024
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Net Profit
$6.66 M (USD)168.06as on Mar 31, 2024
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EBITDA
-$4.05 M (USD)56.51as on Mar 31, 2024
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Total Equity Funding
$30.68 M (USD)
in 19 rounds
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Latest Funding Round
$4.32 M (USD), Series C
Jun 04, 2025
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Investors
Zeta Global
& 32 more
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Employee Count
941
as on Jan 31, 2025
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Investments & Acquisitions
BBSPL
& 5 more
- Acquired by
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People of People Strong
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Software Development Team
45 people
Leadership Team
27 people
Human Resources and Administration
24 people
Sales and Marketing
17 people
Product Management Team
17 people
Customer Team
7 people
Manager Team
7 people
Legal and Compliance
6 people
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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.
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.
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Investment partnerships, entrepreneur support, and profit-focused services in finance.
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Investment in alternative assets, businesses, and funds in India.
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Venture capital support for technology startups in workforce and productivity innovation.
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Investor details 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.
Investment portfolio details for People Strong
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based compensation platform
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Frontline employees are trained and engaged through a mobile-first platform.
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Referral hiring is enabled through social networking automation.
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Complete acquisition details for People Strong
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Financial Statements - People Strong
Detailed financials for People Strong
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People Strong Comparisons
Peer comparison for People Strong
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Competitors of People Strong
People Strong operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Workday, Kronos, Paylocity, Ceridian and Darwinbox, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based HR and financial software is delivered to enterprises.
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HCM software solutions for enterprise workforce management are provided.
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Cloud-based payroll and HR solutions are provided for businesses.
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Cloud-based human capital management software is provided for enterprises.
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Human capital management platform is provided for HR process automation.
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Detailed competitors of People Strong
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Verified entity values are shown only after access is granted.
Latest news on People Strong
Complete news archive for 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 current CEO of People Strong.
People Strong is a funded company, having raised a total of $30.68M across 19 funding rounds to date.
As of Jan 31, 2025, the latest employee count at People Strong is 941.
Annual revenue of People Strong is $32.07M as on Mar 31, 2024.
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's top competitors include Workday, SuccessFactors and GreytHR.
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.