Pankaj Bhargav is 100% passionately dedicated to this business and plans to take the company public in a few years.

Is the vendor profit making and does the original promoters have a majority stake demonstrating their commitment & emotional connection with the venture? It is the surest sign of a resilient business in today's recessionary times due to high inflation, slow economic growth and shrinking margins - HRMantra is profitable from its inception in 1996 and is proudly self funded. ( The below comparison can be best viewed from a PC ) HRMantra has given due justice to these modules also in a big way, saving 30 precious minutes of all your employees daily allowing them to focus on your core business objectives. Most of the best rated such products focus only on the transformational processes like recruiting, HRIS, performance & learning management ignoring the transactional issues like Assets, Projects, attendance, leave, travel & payroll which usually waste over 70% time of your employees. net version, there were 12 formulae builders and the latest 7th global multilingual version developed using Angular technologies has over 33 formulae builders enabling the creation of millions of possible conditions. Slowly the list of conditions increased and formulae builders got added to handle various complexities in the leave rules of our clients.

In 2002, our leave structure had a simple one pager mentioning about 15 basic policies that too without any formulae builders. Even a vendor having less than 5 years' experience in the development of an HCM software will claim that their product automates the entire hire to retire lifecycle of an employee but the devil is in the details.

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