PeopleStrong Acquires Referral Hiring and Matchmaking Platform Grownout
PeopleStrong, India's leading SaaS HR Technology and Solutions company from India, announced the acquisition of Grownout, a B2B SaaS referral platform for an undisclosed amount. With this acquisition, PeopleStrong's SaaS HR technology, PeopleStrong Alt, will become the only global recruitment product from India with a comprehensive offering, right from sourcing, matchmaking to offer generation and onboarding all powered by Machine Learning.
A Matrix partners India portfolio company, Grownout was established in 2014 by Sumit Gupta and Harsimran Walia. Grownout started with the vision of making hiring easy, quick and fun by revolutionizing the way referrals are managed. It ensures that a company gets the network of all its employees first-hand and does not depend on the employees to reach...