PeopleStrong Partners With Chola Finance for HR Tech and Enters the Murugappa Fold

Cholamandalam Investment and Finance Company Limited (Chola), the financial arm of the Murugappa Group, has decided to move its People data to cloud. Chola as a company has been forthcoming in embracing technology and providing speed and convenience to its customers through its digital properties, and now wants to delight its employees as well.

Chola has partnered with PeopleStrong, the largest HR SaaS Company from India that currently serves over 200+ enterprises and over 600 thousand users.

While all the major companies of the Murugappa Group intend to start the digital transformation of their people processes in the next 9-12 months, Chola has decided to lead the pack in the transformation journey with PeopleStrong Alt, a PeopleStrong product.

With PeopleStrong Alt, Chola finance will be able to provide a unified experience from Recruitment to Retiral to all its users (Employees, Recruiters, Candidates and Business Users), and at the same time provide access to a single window of truth for right decision making. With the Mobile App and Jinie (the chatbot), Chola employees will experience the next level of connect and collaboration.

Speaking on the occasion, Arun Alagappan, Executive Director, Chola, shared, “I am pleased that as an organization, we have taken a decision to move our People Data to cloud. It is a mammoth task and we needed a partner who has proven experience of managing transformation of such a scale. After a detailed evaluation process, we selected PeopleStrong as a partner for this journey of transformation.”

Ramesh Menon, HR Director, Murugappa Group, shared, “It is a landmark move and a much needed one too. With the kind of diversified presence we have across sectors and geographies it is important for us to take our employee experience to the next level.”

Chandrasekar R, HR Head, Chola, shared, “We have a large composition of young workforce at Chola and to manage this segment more efficiently, we realized that we needed a digital upgrade. PeopleStrong with its scalable, mobile and AI powered technology seems the best match for our needs.”

Pankaj Bansal, Co-founder & CEO, PeopleStrong, added “We are delighted to be Chola’s digital transformation partners and excited to have them with us on the journey of writing the New Code of Work. I am sure together we will be able to ‘Altify’ the people experience and take the productivity at Chola to the next level.”