Regional News

Benepik, an Indian HR tech startup, receives seed funding

By Katherine Fanning 1 Comments NEWS, Regional News

Benepik, the HR tech startup that offers mobile soultions for employee communications and engagement as well as rewards, has recently acquired an undisclosed amount in new seed funding.

The capital comes from a band of investors that included Vishal Bali, the serial investor of multiple startups, and Dehli-based HR moguls Yogesh Misra and HNI.

Benepik found its roots initially as an employee benefits platform, but in the last two years molded into an integrated platform for "Employee Communication, Engagement, Rewards and Recognition" in larger organizations with over 15 clients across "Financial Services, Consumer Appliances, Automotive and Manufacturing".

The company boasts "the most integrated solution in the Employee Engagement space", and with good reason - Benepik finds itself well-suited to communication for the ambulant workforce (such as those in sales, service, and operations). Additionally, it provides ample and diverse tools like those for "peer to peer recognition, pulse surveys, health & wellness, gamification", and more. Additionally, the Employee Benefits portfolio has partnered with over 1200 merchants to offer better pricing for corporate customers.

Founder & CEO Saurabh Jain spoke on the occasion, saying that the new funds will be put towards further strengthening of the platform and improving functionality in regards to employee engagement, education, and development. In the future, they hope to focus on developing HR analytic capabilities.

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