DARE - Because Entrepreneurs Do

Product: Active Employee Connect Program (AECP) and Active Customer Connect Program (ACCP)
Brand: Papam
Industry: E-commerce
Location: Delhi NCR

A company that might be mistaken as any other e-commerce company, Papam has recently restructured it model from mainly paper greeting card to offering corporate bond-building solutions for employees and customers of companies. With a proprietary software called R & R (Reward & Recognition) Software, it claims to take away the operational hassles that are faced by HR departments of companies while interacting with their employees from beginning to end of their tenures. With an award from World HRD Congress, Papam empowers manager to reward employees instantly, with different budgets at different levels, and wherein every employee's recognition is acknowledged across the global platform of the client company. For the greeting card offerings, it runs on a zero inventory model. Papam has been funded by DST, and expects a 500% growth with its orderbook complete for the year. Companies with huge employee base like Aircel, Dabur, Covergys, HCL Tech, MaFoi are clients of Papam. It plans to acheieve size of Rs 100 crore in 3 years.