Indian IT company gifts BMW cars worth Rs 1 crore each to few employees for loyalty

Companies often reward their workers for doing good work. What if the company offers a BMW valued at almost one crore to reward loyalty and high performance? An Indian IT company rewarded five employees with the BMW 5-series luxury sedan.

Kissflow Inc, a global software-as-a-service company rewarded five of its employees with one BMW each. Only a few hours prior to the ceremony, recipients weren’t sure what their gifts were. Employees were hoping for news such as a funding round success or an acquisition.

Unsuspecting employees of the company were shocked to see five BMW BMW 530d cars coming out in succession. This event marked the 10th anniversary for the company.

Suresh Sambandam (CEO of Kissflow Inc), told PTI that the five employees had been with him since the beginning. They were there for him through difficult times, including during the pandemic. Sambandam also stated that very few recipients of cars came from poor backgrounds. Sambandam said that the company had faced difficulties during the pandemic.

Sambandam stated, “There have been difficult times. The investors weren’t sure whether the company would survive and grow in the face of the pandemic. We are happy to have paid the investors back and it is now a privately owned company.

Sambandam stated, “The cars belong to these five people who were there when I dug 100ft for gold (setting Kissflow up while other members left midway).

The BMW 5-series BMW car was a gift from the recipient. One said that it is an inspiration. They want to be motivated (to do better). Our employees are treated better.

“Unlike other companies, we don’t have casual or sick leave. They have one leave. They can also work remotely if they don’t want to travel. He said that there is no attendance system, like biometrics and all, but we know our employees.”

Vivek Madurai said that another beneficiary, Vivek Madurai stated, “We care for our team members.” Their motivation is to do better, in any way that they choose.

A PTI report states that the car recipients were Dinesh Varadharajan (chief product officer), Kausikram Krishnasayee (director of product management), Vivek Madurai and Adhi Ramanathan, as well as Prasanna Rajendran, vice-president.

It was a pleasant surprise. It was my assumption that we would be going to lunch or dinner together. Krishnasayee stated that he didn’t expect it.

Faqs

Conclusion

A company that provides the IT services for Kissflow Inc. rewards their employees with a BMW 5-series luxury sedan. The car recipients were not notified of the gift beforehand, but they were happy to receive it.