HROne has raised $4 million from Insitor Partners and Prudent Investment Manager. It aims to build its HRMS platform, offer more products, hire talent and expand to new markets
HROne has raised $4 million which is around 33 crore (1 USD = INR 82.82) in the A series funding round led by Insitor partners. It is a ‘Human Resource Management (HRMS) System Startup which is a ‘Software as a Service platform’ (SAAS) that helps in HR management. In the fundraising investment bank, Radix Capital Advisors was the financial advisor and the round saw the participation of the Prudent Investment Manager.
The Funds will be utilized to build its HRMS platform and to expand into new markets and in the existing markets as well. It aims to make to a comprehensive platform for HRs to implement the policies smoothly in their organisations. It was launched in 2016 and founded by Karan Jain. According to the media reports, the startup will also use capital to introduce new products, hire talent and improve customer experience.
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