13th June 2011, New Delhi

PeopleStrong, one of India's leading HR outsourcing companies, announce the completion of its acquisition of the frontline hiring business division of, Summit HR India, a Superior Group company. Acquisition of the frontline hiring business will create unique synergy when PeopleStrong’s deep expertise on process of recruitments & multi-industry RPO implementation experience gets coupled with Summit HR’s domain understanding & tenured execution capabilities in ITES frontline hiring.

Pankaj Bansal, Co-founder & CEO of PeopleStrong, on signing up of the acquisition documents said - “This acquisition is first of its kinds in the RPO segment. It will bring immense vitality to the RPO division of PeopleStrong, especially in the ITES sector. We consider this a good move for the industry as consolidation will bring more focus, efficiency and drive RPO to the next level”.

Being the only acquisition of its class in Indian RPO, this will significantly broaden PeopleStrong's footprint in Southern India. It also strengthen the reverie of PeopleStrong to be a leader in Pin code hiring with strong focus on sales & customer care across ITES, Insurance, Telecom, & Auto Industry.

To deliver the vision of an integrated partner in HRO, PeopleStrong has taken a fresh infusion of equity from Lumis Partners. The frontline business acquisition follows this strategic capital partnership.

Ranjan Sinha, veteran RPO guru and Founder-CEO of Summit HR, said, “This is great news for companies and our clients. The combination of PeopleStrong and Summit India’s frontline RPO division capabilities has created a clear and distinct leader in frontline RPO business with unparallel scale and delivery record across BFSI, ITES, and Auto industry. I look forward to working with PeopleStrong to ensure a smooth integration of capabilities and transition of clients.”

About PeopleStrong

PeopleStrong HR Services Pvt. Ltd. is a leading HR Outsourcing company, specializing in HR Shared Services, Payroll and Compliance Management, Process Consulting and Recruitment solutions. With Pan-India presence, PeopleStrong services global players across industries and one of the first movers in BFSI, IT/ITES, Auto, Pharma, and Education for RPO in India. PeopleStrong has implemented largest number of HR Shared Services in India, managing over 100,000 employees every month. PeopleStrong drives well known research studies like ‘India Attrition Study’ & ‘Best Companies to Work’. For details more details, visit www.peoplestrong.com

About Summit HR

Summit HR, a Superior Group company, is an award winning human resource services firm that delivers a full suite of comprehensive HR and Recruitment Process Outsourcing services to leading companies in India. Summit has been recognized as the industry leader by various professional bodies including: the Gartner Group – Top 100 outsourcers, FORTUNE^®– IAOP Rising Star of the global outsourcing 100, Blackbook of Outsourcing- Top 10 HRO Providers. HRO Today magazine profiled the firm as one of Top RPO Vendors.

Gurgaon, India, February 7th, 2011

PeopleStrong HR Services, a leading Human Resource Outsourcing (HRO) company today announces its most recent round of investment from Lumis Partners, a Private Equity Fund.

The investment of Lumis Partners in People Strong is in accordance with the steep growth curve witnessed in People strong in such a short span of time in the industry. The funding will enable People Strong to accomplish its aggressive growth plan for the next 3 to 5 years.

"In our long standing relationship with the company, we have found a strong values based leadership team that stands out in its ability to create thought leadership, build scale and relentlessly push innovation. The true strength of the firm lies in its core asset, 'people' who exceptionally address client needs and brilliantly respect customer sensitivities in everything they do ... Consistently.

We truly see People Strong as a market leader in the making and are delighted to be a partner in this growth journey" said Sandeep Sinha, Managing Partner, Lumis Partners.

According to Rohit Bhayana, Managing Partner, Lumis Partners, “ Processes that touch people are most important. At the same time these are the very ones that are the most compromised. When you overlay a fast growing emerging economy like India on top of a compromised function like HR, the outcome is even more chaos. People Strong is at this cross-section, and what it can do to help standardize and stabilize is immense. Their domain intensity and process rigor is what makes them stand out, and that is what attracted us to them. We look forward to an exciting journey ahead.

Pankaj Bansal, CEO People Strong, on signing up of the official documents says “The lumis investment brings immense financial and strategic strength to PeopleStrong. It will enable PeopleStrong to accelerate the aggressive growth path & expanding footprint in HRO market, bringing a real upside for our customers and shareholders in the long-term."

About PeopleStrong

PeopleStrong HR Services Pvt. Ltd. is a leading HR Outsourcing company, based out of India, specializing in HR Shared Services, Payroll and Compliance Management, Process Consulting and Recruitment solutions. PeopleStrong has established itself as the niche provider in HR Services Space in last 5 years. PeopleStrong has a high quality delivery team with Strong leadership team at executive and Board level.

Incorporated in India, PeopleStrong operates in Asia Pacific region. For more information about PeopleStrong visit www.peoplestrong.com

About Lumis Partners

Lumis Partners is a private equity fund focused on investing in business services companies leveraging technology and global operations to grow and succeed.

Lumis has a rigorous and disciplined investment philosophy, as well as an intense focus on operational participation. Whether it is managing growth and scaling up, or strategic focus and product offering transformation, or operating process excellence, thier investments benefit from a core team of industry established professionals, and an extensive network of senior executives and specialists with a track record of having delivered exceptional value in similar situations in the past.
For more information about Lumis Partners visit www.lumispartners.com.

Gurgaon, India, Oct 13, 2010

In today’s scenario, most SMEs do not use any HRMS solutions. The cost of an HRMS for companies with less than 1000 employees do not justify the ownership of enterprise software. These organizations also usually lack robustness of well defined, automated HR processes. Ridden with lower economies of scale, they also lack specialized expertise in HR. A problem indeed for those who want to implement effective HR practices and yet cannot afford the cost involved in traditional solutions!

Given the above most SMEs prefer On-demand Software.

PeopleStrong has launched such a product to meet these unfulfilled needs. This has been developed on our proprietary software platform and offers configurable, multi- tenant, scalable services. A perfect solution to the SME needs, who only want to pay for usage.

The PeopleStrong HRMS is a SaaS based on- demand service with a huge range of benefits. The biggest benefit is that the client organization does not need to invest in IT infrastructure. The service is software based and easily accessible through the internet. The cost of the service is based on usage unlike the enterprise products, wherein the client buys an entire module irrespective of usage. Instant upgrades, configurable solutions and fast evaluations through online trial logins make it an ideal hassle free HR automation solution.

Our product is being highly appreciated by our current clients who are utilizing the SaaS model and is being favorably received by our prospects who are at last find a way to use technology for their benefit at an affordable price.

Gurgaon, India, May 12, 2010

PeopleStrong HR Services, an HR Outsourcing Company has moved into its new corporate office at Infocity, Gurgaon. This facility has a capacity of more than 250 employees with multiple meeting rooms, dedicated training Infrastructure and best in class security and IT infrastructure.

PeopleStrong new office(Outside View)	PeopleStrong new office(Inside View)

To mark this special occasion, an Office Warming Event was organized at their new office. The event was attended by the about 50 guests which included clients, investors, advisors and well-wishers of PeopleStrong from top Indian as well and Multi-National companies. Dr. Santrupt Mishra, Director, Aditya Birla Management Corporation was the special guest for the event. He congratulated the entire team of PeopleStrong for their success and told that this is just a beginning of a long journey.

Dr. Santrupt Mishra(left), Director, Aditya Birla Management Corporation being welcomed by Pankaj Bansal(right)

Other speakers included Dr. Pritam Singh, Professor and Management Guru, MDI and Mr. N S Rajan, Partner, Ernst & Young.

Thanking the guests and PeopleStrong team, Pankaj Bansal, Co-founder and CEO said, "Partner, Friends and Well wishers like you have given us the reason to expand and grow to such an extent that we ran out of capacity of our old facility in a year. I am thankful for all your support".

Some special Moments

Many of the team members, who were part of PeopleStrong from the modest beginning in 2005, remembered the days of sacrifice and hard work which has enabled PeopleStrong to become one the premier HR Outsourcing companies in India.

You can view a compendium of the event below.

You can download a small Compendium of the event here Download

Gurgaon, India, May 03, 2010

"Zindagi is asli udaan abhi baki hai... Zindagi ke kai imtehan abhi baki hai... Abhi to napi hai muthi bhar zameen humne... Abhi to saara aasman baki hai...", were the beautiful words used by Devashish Sharma, Head of Human Resources and Training as he addressed PSians on 3rd May, 2010, the first day at the new premises of PeopleStrong HR Services. The Gurgaon team of PeopleStrong, a leading Human Resource Outsourcing (HRO) company has moved into a new, bigger and state of the art office at Infocity, Sector 34, Gurgaon. This facility has a capacity of more than 250 employees with multiple meeting rooms, a dedicated training Infrastructure and best in class security and IT infrastructure.

On this occasion, Pankaj Bansal, Co-founder and CEO congratulated the entire staff and told that "We have seen significant growth in our customer base and are also seeing greater interest in HR Outsourcing service. To deliver superior service to our customer, we are increasing our resources, both human as well as technological. Our new office will help us in providing best possible service to our customers."

The new office is located at

PeopleStrong HR Services,
A-10, Infocity, Sector 34,
Gurgaon -122001

Gurgaon, India, April 15, 2010

PeopleStrong HR Services Pvt. Ltd., a leading provider of Human Resource Outsourcing services in India, today announced that Virgin Mobile, one of the premier providers of mobile services in the country, has selected PeopleStrong to provide a comprehensive HR BPO solution for all its HR related activities.

Rajiv Arora, Vice President-HR of Virgin Mobile India commented, "Virgin Mobile India had a strong need for a centralized HR solution which could provide a unified HR experience to all our employees across India. PeopleStrong's offering with its unique blend of technology and process expertise is a right step forward for us to fulfill this need."

This partnership will enable a uniform Human Resources experience to more than 800 employees of Virgin Mobile India across more than 300 locations for Payroll, HR Query Resolutions and various other HR processes.

Shelly Singh, Co-founder and Vice President, PeopleStrong HR Services, commented, "We will be able to provide VMI employees with a 'One India' experience in the true sense and at the same time become a very cost effective provider."

PeopleStrong's approach to the HR Shared Services solution combines specialist domain expertise in HR and related transactional space with strong project governance capabilities managing multiple client HR teams.

Gurgaon, India, January 24, 2010

PeopleStrong HR Services Pvt. Ltd. a leading provider of Human Resource Outsourcing services announced the publishing of BT-Indicus-PeopleStrong study on 'THE BEST COMPANIES TO WORK FOR' 2010 in the 7th February, 2010 edition of Business Today. The study presents a list of 25 best employers in the India across industries and also industry wise best employers. The study was conducted by Business Today in association with PeopleStrong and Indicus.

Breaking the conventional employer driven route, the study took an employee driven route where the present, past and aspiring future employees were approached using a structured questionnaire and web as the survey medium. This methodology ensured that voice of employees across companies in India was heard. The idea for the study was to come up with a framework which is more comprehensive and holistic and a foot print that was Pan-India in the real sense.

On the release of the report, Pankaj Bansal, Co-founder and CEO of PeopleStrong commented, "We wanted to do a study that is democratic and at the same time covering maximum of number of employees from across Industry sectors in the country. We have been able to capture data for more than 1,000 companies across more than 800 locations. Next year we want to make the study bigger and more comprehensive and plan to include the blue collared employees as well."

Prior to this, PeopleStrong had also conducted the 'Indian Attrition Study' in association with Business Today which captured the attrition trends in India. This was published in the 3rd May 2009 edition of Business Today.

Gurgaon, India, January 18, 2010

National Human Resource Development Network (NHRDN) has announced that Pankaj Bansal, Co-founder and CEO, PeopleStrong HR Services has been elected as the National Secretary.

Pankaj has been on the National Board of NHRDN for more than 3 years. Previously, Pankaj has also served as the Vice President of National HRD Networks’ Delhi Chapter. He is also an active board member of CII National Committee on Skills & Human Resources 2009 -10.

Pankaj said, “It is always exciting to give back to your profession and serve a non-profit body like NHRDN”.

Image Source: HRD Newsletter, Vol: 25, Issue:10, January 2010

Gurgaon, India, April 16, 2009

Business Today in association with PeopleStrong HR Services has released the first edition of India Attrition Study. The study was done between October 2008 and March 2009. The study titled ‘Are you loosing the good people?’ was done to figure out as to why employees quit.

The responses covered 8 major industries across 67 companies. Industries covered were BFSI, FMCG, IT, ITES, Manufacturing, Pharmaceuticals, Retail and Telecom.

The study classifies leavers in the company as 3 basic types: Top Performers, Early Leavers and Universal Leavers. The companies are hurt the most when Top Performers leave. The study finds that the biggest driver of attrition is Opportunity for Career Growth (25 per cent) followed by Salary (10 per cent).

To read the complete report, read the May 3, 2009 edition of Business Today or visit Business Today website

Jan 15, 2009
PeopleStrong HR Services Pvt. Ltd., New Delhi

AAA Ventures, a venture capital fund based out of Chicago, US, has invested $1.75m in PeopleStrong HR Services Pvt. Ltd., during the period July ’08-Jan ’09. In the times of global slowdown, this is being seen as a sign of strong confidence in PeopleStrong management.

AAA Ventures had earlier invested $0.125m in Mar-08 and the current investment is 14 times the investment made earlier. It further underlines PeopleStrong as a very sound entrepreneurship idea in which investors continue to show confidence.

After the conference, several media personnel caught up with Aadesh Goyal, CEO PeopleStrong and Pankaj Bansal, Co-founder & EVP, PeopleStrong to know more about changes in PeopleStrong’s strategies in the times of economic slowdown. They sounded very enthusiastic about the times and forecasted that HR outsourcing will gain steam during such times only.

March 9, 2007

9th March 2007 was a red letter day for PeopleStrong HR Services. The entire team moved into its brand new, state-of-the-art facility primely located in Gurgaon’s central business district. The facility is a flawless blend of aesthetics and design, and is complete with door security systems, technical area, conference halls and meeting rooms. The modular design allows a seating of 60.

The inauguration was a well attended event by high profile guests from India’s corporate and HR world, who were welcomed and cheered by an enthusiastic and high spirited PeopleStrong team.

Coconut Surprise

The inauguration ceremony itself came as a tickling surprise to all present, especially the PS team itself. Everyone was expecting a traditional ribbon cutting by a chief guest, but when Pankaj bansal, CEO, PS, unveiled a big sack of coconuts and requested each member of his team to pick one and break it at the new facility’s threshold to herald the inauguration, everyone was ecstatic – not only by the joy of surprise, but because this gesture immediately struck an emotional chord in the hearts of all the PS team mates. On being asked later on why he chose to do this, Pankaj recalled “I pondered on what we should do to make this inauguration special – and Aadesh (Member of PS’s Board of Directors) asked me who mattered the most to PeopleStrong. I had my answer immediately – it was my team! So, it had to only be my entire team who would inaugurate the facility!” Bravo Pankaj – with the tremendous energy that this gesture created at the inauguration – it will be a pleasant memory for all present to recall!

Inspiring Words

Raman Roy, Chairman and MD of Quatrro BPO Solutions and father of India’s BPO Industry, held the audience in rapture by his 45 minute oration on PeopleStrong’s role in the future of the HRO industry globally. He highlighted PeopleStrong’s client centric delivery model as the path to success and envisioned that PeopleStrong would outgrow this facility within a matter of months!

Other speakers included Raja SV, EVP and Chief HR Officer for Quatrro BPO Solutions, Aadesh Goyal, VP – HR, Aricent Technologies, Pradnya Parasher, Director HR, Microsoft India, N S Rajan, Partner, Ernst & Young, Mr Dwarkanath from the NHRD Network, Varun Talwar, Chairman, Withya Group and Jyotirmoy Bose, Director HR, Times of India Group.

Spiritual Showerings

It was a moment when words cannot do justice in describing the feelings. Vandana Goyal, Teacher, Art of Living, created a ring of spiritual bliss when she asked the entire audience to hold each others’ hands and recite mantras from scriptures, at the same time conveying the blessings of HH Sri Sri Ravi Shankar.

The Zest to Stay at the Top

The team in particular went home with abundant feelings - feelings of sacrifice, courage, modesty, diligence and reckoning – to make PeopleStrong reach the pinnacle of success and to ensure that PeopleStrong’s standards and values and all that it stands for, become benchmarks in the HRO industry for times to come.