HR Tech startup Advantage Club, focusing on employee perks and rewards, plans to hire over 100 employees within the next two years. The hiring will be made across key growth functions of data analytics, business growth & analysis, and technology.
Speaking on the announcement, Sourabh Deorah, Co-founder and CEO of Advantage Club said, “We operate in a $2 Bn market and there are ample growth opportunities to be realized. Within the next two years, we shall be focusing on expanding our operations across the country and adding more tech-led products and features. We shall be hiring over 100 across-key functions to support the projected growth, within the next 20-24 months.”
Launched in 2016 by Sourabh Deorah and Smiti Bhatt Deorah, Advantage Club focusses on building communities within organizations through products like exclusive employee perks, end-to-end reward & recognition, hobby clubs etc. When corporates enroll with Advantage Club, they get access to exclusive offers from 10,000+ brands across dining, shopping, entertainment, wellness and many more.
Employers can run reward programs for employees, peers can appreciate each other, and like-minded employees can interact through their social engine. The company counts over 250+ corporate clients including giants like Concentrix, EY, DXC and Mphasis.
In August this year, the HR Tech startup raised $1 Mn as part of its pre-Series A round of funding led by GrowX Ventures and joined by early-stage investor Sprout Venture Partners, among others. Existing investors Axilor Ventures and Mumbai Angels, as well as angel investors, also participated in the round. The current development comes as the startup is pursuing an aggressive growth path as it pushes forward to become a more holistic benefits platform for employees catering to their wellness, financial and experiential needs.