Private Equity VC Fund Investments
HR-tech co. Advantage Club raises $4-M led by Axilor Ventures
Source Advantage Club (opens in a new tab)Inc42 (opens in a new tab)
Gurugram-based HR-tech startup Advantage Club has raised USD 4 million in a round led by Axilor Ventures. The round also saw participation from AFG Ventures, Bytez Ventures, Alteria Capital and angel investors.The fresh funding will be used by the company for expanding into the US and Philippines.Founded in 2016, Advantage Club provides solutions for employee engagement through exclusive privileges and rewards including service awards, bonuses, automated incentives, onboarding programs, wellness programs and gift card programs.
Company website ↗ (opens in a new tab)
Between Feb-16 and Mar-22, Advantage club had raised about USD 27 M from Purvi Capital, Axilor Ventures, Kris Gopalakrishnan, Growx Ventures, Sprout Venture Partners, Broom Ventures, Earlsfield Capital, Jetty Ventures, and others.