"Bhavin's investment is part of a partnership between PeopleStrong and Zeta, India's leading benefits platform, to provide a holistic offering to enterprises in the HR technology space," a company release said.
With this investment, Turakhia would hold a small equity stake and advise PeopleStrong in its journey to create a global HR tech company from India.
"We are excited to have his support for our journey ahead. Our strong focus on employee experience, coupled with benefits and payroll make a comprehensive offering, taking a significant leap ahead of traditional HR ERP solutions," said Pankaj Bansal, Founder and CEO, PeopleStrong.
The company had closed one of India's largest HR tech transactions in April last year, when Renuka Ramnath led billion-dollar fund Multiples Equity invested in the company.
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