Finance, accounting, and HR service provider MYND Integrated Solutions has acquired Qandle, a comprehensive Human Capital Management (HCM) platform.
With this acquisition, MYND aims to strengthen its position as an HR services provider by using Qandle’s HR technology capabilities. From chatbots to mobile applications, Qandle offers a plethora of HR services that are now part of MYND’s arsenal.
“As MYND continues to solidify its tech-first approach to Human Resources, this strategic acquisition unlocks massive opportunities both in India and abroad,” said Vivek Misra, Founder and Group MD, MYND Integrated Solutions. “Qandle is a perfect fit for our vision, complementing our dominance in enterprise payroll and compliance. With this integration, our multi-country payroll customers will benefit from a seamless, unified experience.”
Saurav Wadhwa, co-founder and CEO, MYND Integrated Solutions, added, “We’re rapidly scaling in the domestic HR outsourcing market. This move is a natural extension of our commitment to building a stronger HR tech portfolio. It significantly amplifies the value we deliver to clients and positions us as a comprehensive partner across the HR value chain.”
As for the recently acquired company, Qandle has welcomed the move with open arms and seems to be looking forward to the future of its growth.
“This marks a new chapter for us, one filled with broader horizons, greater impact, and deeper capabilities. As a full-stack HCM platform, Qandle has always strived to simplify and elevate the HR experience. With Mynd’s robust legacy in Business Process Management and global reach, this partnership supercharges our mission,” Qandle stated via LinkedIn. “Together, we now support 1000+ organisations, offering a seamlessly integrated suite across Payroll, Compliance, Finance, and Human Capital Management.”
Based in Gurugram, Haryana, both MYND and Qandle have stated that the acquisition is meant to enrich their combined HR service portfolio and boost their market reach. With their complimentary HR technologies, the combined might of the two companies will serve to address the workforce needs of their clients.