Tuesday, November 28

Employee Engagement and Benefits Startup Raises Seed Funding

Gurgaon based HR Technology startup Benepik that provides a mobile-based solution for Employee Communication, Engagement, Rewards and Recognition, has raised an undisclosed amount in seed funding.

Benepik has raised the seed funding from a group of investors including Vishal Bali. Vishal is a serial investor and has invested in several startups including Bengaluru based Health Tech start-up Feet Apart. Delhi-based HR Leader Yogesh Misra and a Delhi based HNI also participated in the round.

Benepik was founded in 2015 as an Employee Benefits platform.

Saurabh Jain, Founder & CEO is an alumnus of Delhi School of Economics and has worked in consulting and technology practices at Capgemini, Deloitte and UNDP across India & Europe.

In the last two years, Benepik has evolved into an integrated platform for Employee Communication, Engagement, Rewards and Recognition for the mid and large size organizations. It has over 15 clients across Financial Services, Consumer Appliances, Automotive and Manufacturing among others.

Benepik claims to have the most integrated solution in the Employee Engagement space. The platform is particularly useful for communication and engagement of non-desk workers (such as sales, service, operations and front-end employees).

It offers many other functionalities such as peer to peer recognition, pulse surveys, health & wellness, gamification among others. As part of its Employee Benefits portfolio, it has partnered with 1200+ merchants to offer preferred pricing to its corporate customers.

Saurabh Jain, Founder & CEO of Benepik said, the funds will be used to strengthen the platform further, adding more functionalities to employee engagement and learning & development. It will also focus on developing capabilities in HR Analytics besides focusing on geographical expansion.

Currently, the hiring space is becoming hot cake and the service providers are having the opportunity to raise fundings to find hiring solutions using technology.

Peoplestrong is currently leading HR Technology sector, enriching experience of over 175+ customers and over 500,000 users.