Ekincare raises $15 million in Series B funding led by HealthQuad, Sabre Partners
HR Technology
Cornerstone enters into pact to acquire learning experience platform EdCast
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Cloud-based HR software solutions provider Cornerstone OnDemand has entered into a definitive agreement to acquire learning experience platform EdCast. The terms of the deal, which is expected to close in the second quarter of 2022, were not disclosed. Himanshu Palsule, CEO of Cornerstone, said that the two companies together have
q u i c k
PeopleStrong acquires PayReview in cash and stock deal
Sesame HR secures €10 million ($11 million) in funding led by PSG group
Spanish startup Sesame HR has secured €10 million( $11 million) funding. The round was led by PSG, a Boston, Massachusettsbased growth equity firm that has partnered with middlemarket software and technology-enabled services companies to help accelerate Sesame HR’s growth. According to the company’s statement, PSG’s support will help strengthen Sesame's international presence by helping the HR tech startup adapt its products to each new country, leveraging the firm’s presence and expertise across Asia, Europe and the United States. 10
the potential to deliver a nextgeneration learning and talent infrastructure, rapidly innovate a connected people growth experience, and create a new blueprint for the way organisations and their people grow and thrive.
| March 2022
PeopleStrong, a leading enterprise HR technology company in the Asia Pacific region, has acquired PayReview, a platform for employee compensation and benefits management, for an undisclosed amount. With the cash and stock deal, PayReview will now be a part of PeopleStrong’s HR Tech 4.0 platform, delivering an intuitive and powerful solution designed to automate the compensation review and increment process, the Gurugram-headquartered human capital management company said in a statement.
Ekincare, a health benefits platform that assists employers in designing a health benefits package that meets the needs of their employees and their families, has raised $15 million in a Series B round led by HealthQuad and Sabre Partners, with participation from existing investors Ventureast, Eight Roads Ventures, Siana Capital, and Endiya Partners. The startup intends to use the capital to accelerate growth, provide a more simplified experience, and introduce and test new products.
HRM services company UKG acquires SpotCues and Groupe.io UKG Inc, a global provider of human capital management payroll, HR service delivery, and workforce management solutions has acquired SpotCues and its mobile communications platform, Groupe.io. Groupe.io was launched in 2016 to connect frontline workers more closely. The team has a workforce of 50, who joined UKG in January. They are presently accelerating development while also integrating the solution within UKG Dimensions, UKG Pro, and UKG Ready.
