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Vantage Circle wins $ 20 mn contract from US firm
30th July, 2019
Employee rewards and recognition platform Vantage Circle on Tuesday said it has bagged USD 20 million contract (around Rs. 137 crore) from one of the largest US enterprises. The winning of contract marks the entry of Vantage Circle in North America. The company said it in a release, without disclosing much details.
“Vantage Circle’s platform will provide over 90,000 employees clients based in the US and India an easy way to redeem their rewards,” the company added.
As an employee benefits platform, Vantage Circle creates awards that are conferred on employees for various career accomplishments.
“We took three months to close this deal, which is quite less in the enterprise selling context. We believe the reason is the innovativeness of our product and the ability of our team to deploy the situation is three weeks time”, Vantage Circle’s CEO and Co-founder Mr. Partha Neog said.
Vantage Circle’s client list includes Infosys, Cognizant, PayPal, GE, Wipro, HCL, among others.
“We are no looking to go global in an aggressive way starting off with the US. With our unique combination of the product suite, covering the entire gamut of employee engagement and great pricing, we feel we have a good competitive advantage,” Neog said.