Based in India, HR tech firm Peoplestrong has acquired Qilo, a SaaS performance management company to boost its workforce and talent management offerings.
Peoplestrong sees Qilo as the third acquisitions in the past two years — previously acquired Capabiliti, GrownOut, and Bigbyte solutions.
Qilo was founded in 2015, providing a platform to enable CXOs to get business results by aligning people-performance to business strategy.
Currently serving 300+ enterprises across Asia such as Aditya Birla Capital, Singlife, True Corp, Chola Finance Future Group, and Vmart, Peoplestrong aims to simplify and measure strategy execution with Qilo.
“The new code of work would require enterprises to adopt apps that are not only seamlessly connected but can help people achieve more in everything they do. We at PeopleStrong with our comprehensive suite of work and HR tech products are constantly striving to create this ecosystem, and, with Qilo joining in, the journey ahead would be all the more exciting,” Vishal Saha, Founding Member and CTO at PeopleStrong, said.