New Delhi, April 16 -- PeopleStrong, a leading human capital management (HCM) SaaS provider headquartered in Gurugram, has announced that the Private Equity business within Goldman Sachs Alternatives has acquired a majority stake in the company. This acquisition marks a pivotal milestone for PeopleStrong, reinforcing its significant role in India's HR technology landscape and accelerating its next phase of growth-particularly in AI-led product innovation.

PeopleStrong stands at the convergence of three major industry shifts: the digitization of enterprise HR, the growing adoption of artificial intelligence, and the rise of SaaS innovation from India. Its AI-powered HCM platform offers robust capabilities across applicant tracking systems...