Engagement focused HR tech startup Benepik raises seed funding

Benepik that provides mobile based solution for Employee Communication, Engagement, Rewards and Recognition will use the proceeds for strengthening the platform, adding more functionalities, and developing capabilities in HR Analytics. HR tech startup Benepik that provides mobile based solution for Employee Communication, Engagement, Rewards and Recognition, has raised an undisclosed amount in seed funding from a group of investors including…

Stellaris’ maiden fund ventures out with $10 million from IFC

Stellaris' maiden fund ventures out with $10 million from IFC

International Finance Corporation (IFC), the private-investment arm of World Bank, is making an equity investment of $10 million in Stellaris Venture Partners' maiden fund, it announced in a disclosure. This is the third funding commitment by IFC in an India-focused VC fund this year. The commitment comes a few months after Stellaris, which was started by former top executives at…