HRtech platform based in Gurugram-based Advantage Club has announced that it has secured $1.7 million in the latest round. The fresh funding round saw participation from Kunal Shah, Y Combinator, Liquid.vc, Broom Ventures and angel investors from Southeast Asia, the US and Middle East.
Commenting on the announcement, CEO and Co-founder of Advantage Club, Sourabh Deorah stated, “Advantage Club has emerged as the leading employee engagement platform in the country and we are growing 20 percent MoM, this growth has come on the back of re-inventing the wheel around employee benefits and engagement by building deep engagement products further personalised according to each user’s behaviour.”
He added, “With the new fundraise, we are gearing to take our platform to an unexplored new customer base internationally, especially in SEA, MENA and North America markets and add financial wellness products like Early Wage Access to our existing comprehensive employee engagement platform.”
Smiti Bhatt Deorah, COO and Co-founder of Advantage Club, said, “As we go global, we are excited about having investors with global outreach. They not only bring their network but more importantly bring their learnings from different markets.”
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