PeopleStrong, the SaaS HR technology, and solutions company has just acquired Capabiliti by Qustn Technologies for an undisclosed amount. Capabiliti’s mobile first learning will be integrated with PeopleStrong’s Alt platform and will be offered to PeopleStrong customers globally. This new addition will strengthen the talent management offering of PeopleStrong and provide more avenues to its customers as they adopt mobile HR solutions for their employees.
Established in October 2014, by Mrigank Tripathi and Sachin Grover, Capabiliti allows companies to set up and deliver any type of training to its remote user base. It has been pioneering the outcome- driven approach to learning–a pain point for many companies. It is used by many Indian and global clients.
Speaking on the occasion, Pankaj Bansal, founder and CEO, PeopleStrong says, “They have built a strong product and top-quality team. The product will further help us enhance PeopleStrong Alt, and create an end-to-end offering for our customers.”
Vishal Saha, founding member and chief technology officer, PeopleStrong says, “We have a vision of simplifying the work-life of our clients and their employees by providing anything and everything they need to manage their workforce. With Capabiliti joining the product family, our talent management offering would get further strengthened”.
Mrigank Tripathi, CEO, founder, Qustn Technologies adds, “We set up Qustn with a vision of making a team more productive—and are extremely excited to take this next step in our entrepreneurial journey”.
Capabiliti will be part of the PeopleStrong Alt product suite and their team will join the product group of PeopleStrong. Mrigank will be a part of the leadership team and will lead the go-to market initiatives for PeopleStrong’s human capital management business. This is the fifth strategic investment for PeopleStrong, after Webpay, Summit HR’s frontline business, IL&S (Wheebox), and Grownout, where the Company owns the major stakes. The Company was in the news as it recently closed one of the largest investment transactions in APAC’s HR tech space.
PeopleStrong is a leading HR Technology Solutions Provider with a suit of applications like Alt Recruit, Alt Worklife, Alt Learning, Alt Payroll and Alt Messenger which are built to help organisations like yours benefit from latest HR and Technology processes. To Know More how we can help your organisation, please Contact us.
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