PeopleStrong & Multiple deal gets sealed

Private equity firm Multiples has made a controlling investment in PeopleStrong through a combination of primary and secondary investments. The deal is estimated to be around Rs 400 crore.

PeopleStrong an HR Technology and Solutions company boasts of over 175 customers spread across all major industries. It claims to have an order book of upwards of Rs 500 Cr and that it has been growing at a CAGR of 60 per cent for over a decade.

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