The mobile-based HR solutions provider has raised an undisclosed amount in seed funding from a group of investors, including Vishal Bali.
Gurgaon-based HR technology startup, Benepik, has raised an undisclosed amount in seed funding from a group of investors, including Vishal Bali. Bali is a serial investor who has invested in several startups, including Bangalore-based health-tech startup, Feet Apart. Delhi-based HR leader, Yogesh Misra and a Delhi-based HNI also participated in the round.
Benepik provides mobile-based solutions for employee communication, engagement, and rewards and recognition. Founded in 2015 as an employee benefits platform, its founder and CEO, Saurabh Jain is an alumnus of the Delhi School of Economics. Jain has worked in consulting and technology practices at Capgemini, Deloitte and UNDP across India and Europe.
With over 15 clients across financial services, consumer appliances, automotive and manufacturing among others, Benepik has evolved into an integrated platform for employee communication, engagement, rewards and recognition for mid- and large-sized organisations, in the last two years.
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, and gamification among others. As part of its employee benefits portfolio, it has partnered with over 1200 merchants to offer preferred pricing to its corporate customers.
Jain revealed that the funds will be used to strengthen the platform further, adding more functionalities around employee engagement and learning & development. It will also focus on developing capabilities in HR analytics, besides focussing on geographical expansion.