The game-changing capabilities of Gen AI for GCCs
Deel, a leading global HR and payroll platform, has announced its continued expansion in India to support businesses in one of the world’s fastest-growing economies. Over the past year, Deel’s Indian workforce has grown by 45%, now accounting for more than 12% of the company’s global headcount. With employees spanning multiple functions—including sales, engineering, and support—Deel operates remotely in 20+ cities in India.
Addressing India's Growing Global Workforce Needs
India, home to the third-largest startup ecosystem globally, is witnessing a surge in international expansion by local businesses. This trend has increased the demand for efficient global workforce management solutions. Deel addresses this need by providing seamless onboarding, management, and payroll solutions for international teams. “India’s dynamic business environment presents an incredible opportunity,” said Mark Samlal, General Manager for the Asia-Pacific region at Deel.
Strategic Acquisitions Strengthen Deel's India Presence
Deel strengthened its foothold in India through its 2022 acquisition of PayGroup, a payroll and human capital management firm in Asia-Pacific. This acquisition brought two decades of expertise in the Indian market and enhanced Deel’s capabilities. Notable clients in India include HDFC Life Insurance, CleverTap, and Captain Fresh.
Deel's Global Growth and Expanding HR Solutions
Currently valued at $12 billion, Deel has achieved remarkable growth, attaining profitability in 2022 and surpassing $500 million in annual recurring revenue this year. The company has also made strategic acquisitions in 2023, including:
- PaySpace (Africa) – Strengthening payroll infrastructure
- Zavvy (Germany) – Expanding HR capabilities
- Hofy (July 2023) – Enabling the launch of Deel IT, a comprehensive global IT services platform for employee onboarding and device management
With its expanding footprint in India, Deel is well-positioned to support businesses navigating the complexities of global workforce management while enhancing HR and payroll efficiency.
