Marathon Edge Acquires Great Place To Work India: Ushering in a New Era for Employee experience

 

Mumbai, 27th January 2025 – Great Place To Work® India, the country’s most trusted name in workplace certification and employee experience solutions, is proud to announce its next phase of evolution under the stewardship of Marathon Edge. In a milestone move, Marathon Edge has acquired a controlling stake in Great Place To Work India from the existing Promoters.


Great Place To Work is a global leader in workplace culture, helping organizations create a consistently and overwhelmingly positive employee experience. Using insights gathered from over 20 million employees across 170+ countries and regions each year, Great Place To Work is dedicated to the mission to help every place become a great place to work for all.


Marathon Edge is a private equity fund backed by global institutions with a long-term investment horizon and a focus on strengthening organizational capabilities. Marathon Edge brings experience in operations and technology, a network of advisors and financial support to help Great Place To Work India improve its value to customers.


Great Place To Work India has become India’s largest workplace certification company and employee experience partner by earning the trust of thousands of clients over the past decade. Great Place To Work India’s existing leadership led by Balbir Singh & Team has been instrumental in building the Great Place To Work India business.


“I am incredibly proud of the team, the brand and relationships we have created over the years. Having interacted with Marathon Edge and their partners I have no doubt that the brand will be supported by great analytics and data science and new business lines which will enable Great Place To Work continue relationships with clients year on year.”

– Prasenjit Bhattacharya, Founder Director, Great Place to Work India

 

“We at Great Place To Work India are privileged and proud to be a trusted partner to our clients. The success we have achieved over the years is a testament to the team’s hard work, commitment, and passion. Under Marathon Edge’s ownership, the existing Management team will continue to provide best-in-class services to its clients and forge new partnerships. We are committed to helping organizations become exceptional employers by leveraging data-driven insights, innovative tools, and a people-first approach.”

– Balbir Singh, Chief Executive Officer, Great Place to Work India


Great Place To Work India’s vision for this next stage of evolution is to continue to enhance its offerings and through the partnership with Marathon Edge deliver on its mission of a) elevating employer brands helping them attract the right people, and b) providing tools to unlock employee potential. By leveraging Marathon Edge’s extensive backing and technological know-how, Great Place to Work India is well-positioned to accelerate its journey of growth.


“Great Place To Work India has been a trusted partner of customers and employees across India. At Marathon Edge, we are excited to partner with Great Place To Work India as they embark on the next phase of growth. By leveraging our years of operational and business building experience – we will support Great Place To Work India achieve its aspirations and enhance its value proposition to all stakeholders.” 

– Nikhil Raghavan, Managing Director, Marathon Edge

 

This transition in ownership is fully supported by the global headquarters of Great Place To Work Institute, Inc:

“Great Place To Work India is one of the fastest growing markets in our global network. The partnership with Marathon Edge will enable us to grow our services, improve our technology, and deliver a better experience for customers. This will accelerate our mission to assure more workplaces in India are a Great Place to Work For All.”

– Michael C. Bush, Global Chief Executive Officer, Great Place To Work


Great Place To Work India plans to collaborate with its global network of partners spanning 100 licensed territories, ensuring that it brings to the table the best global practices and offerings – empowering organizations to become better for people, for businesses and for the world.


Investec India acted as the exclusive financial advisor to the transaction. Ramanathan & Vahanvati acted as the legal advisor for the Buyer, while Trilegal acted as the legal advisor for the Sellers.


About Great Place To Work India:

Established in 2007 by Prasenjit Bhattacharya, Great Place To Work India is the nation’s leading technology-driven workplace certification and employee experience partner, trusted by thousands of organizations to enhance workplace culture and employee engagement. With an extensive range of product offerings tailored to organizations of varying sizes and industry verticals, Great Place To Work India remains committed to driving excellence in the modern workplace. For more information, visit greatplacetowork.in.


About Great Place To Work

As the global authority on workplace culture, Great Place To Work brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Its proprietary platform and Great Place To Work Model help companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified and receiving recognition on a coveted Best Workplaces list. Learn more at greatplacetowork.com.


About Marathon Edge

Marathon Edge is a private equity firm focused on long-term, sustainable growth for Indian businesses. The firm partners with companies to enhance operational efficiencies, drive innovation, and improve customer value. With a hands-on, collaborative approach, Marathon Edge brings strategic insights and financial support to help businesses scale sustainably while delivering lasting impact for stakeholders. Learn more at marathon-edge.com.