PeopleStrong acquires Webpay (Bigbyte Solutions)
PeopleStrong HR Services Pvt. Ltd., a leading multi-process HR outsourcing and HR technology company, today announced the acquisition of Webpay; a leading HR and payroll product provider. This acquisition is expected to add to the capability of PeopleStrong’s cloud-based technology product suite PeopleStrong ALT and strengthen the presence of the company in the small and medium enterprise segment. Speaking about the deal, Pankaj Bansal, Co-Founder and CEO, PeopleStrong, said, “In present times when cloud-based solutions are increasingly used for various HR functions, the key to success lies in reinventing capabilities and acquisition of Webpay is one such step for us”. Webpay-the smart payroll solution, would be part of PeopleStrong Alt product suite and Vikas Sapra, Founder, Bigbyte Solutions would join the executive management team at PeopleStrong. This is the third strategic investment for PeopleStrong, after Summit HR’s frontline business and IL&S (Wheebox), leading talent assessment company in India, where the company owns majority stakes.
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