HROne secures Rs 33 crore in Pre-Series B funding, announces a new era of HR with AI-driven solutions
HROne, a prominent name in the HR tech industry, announced its Pre-Series B funding round of $4 million (Rs 33 crore). The funding was led by Insitor Partners and Prudent Investment Managers—who earlier led HROne’s Series A round.
In the startup world’s parlance, it’s a known fact that only one in 10,000 startups secures pre-series B funding globally, and in India the number is less than 2 per cent.
During the announcement of this latest milestone, Karan Jain, Founder, HROne expressed, “We don’t just create software; we build a community driven by a shared vision of making HR simple and impactful. Securing this Pre-Series B funding underscores the remarkable journey we’ve embarked on and the unwavering support we’ve received from our investors, customers, and the HROne team.”
Founded in 2016 by Karan Jain, HROne is a leading provider of HR technology solutions. HROne helps companies automate the complete lifecycle of employees from hire to retire.
The driving force behind their success is their purpose of creating the simplest yet extremely powerful HR software that empowers HR professionals to achieve their professional ambitions.
The company secured its Series A round of funding in 2022. They utilised it for enhancing their software, which is now the go-to HR solution for over 1,500 brands all over India. With over 10+ offices across Chennai, Hyderabad, Bengaluru, Delhi, Mumbai, Ahmedabad, and many others, the HRTech leader plans to scale up its operations and its footprint in the Indian market.
With the new investment, HROne aims to launch more growth programs and further accelerate its growth journey.
"HROne has continually demonstrated its ability to turn ambitious visions into tangible results. Their commitment to leveraging technology to streamline HR processes has not only transformed the market but has also set a new standard in the industry. We’re excited to support their next phase of innovation and hyper-growth.” says Prashasta Seth. CEO, Prudent Investment Managers.
To achieve these goals, they’ll leverage the new investment to enhance their AI-driven suite, making their software smarter, more intuitive and efficient.
As they scale, the funding will also go into turning every single customer interaction seamless, enhancing the overall experience of prospective and existing clients.
Moreover, HROne strives to leverage AI and transform customer experience across the entire lifecycle from onboarding to support.
"Our continued investment in HROne reflects our confidence in their strategic approach and exceptional execution. The team’s focus on maintaining a customer-first philosophy positions them uniquely to lead the HR tech revolution. We look forward to the groundbreaking advancements they will bring, driving substantial impact and delivering unparalleled value to their customers and users," says Nicholas Lazos, Co-Founder and CIO, Insitor.
As HROne steps into the next chapter of its journey, the major focus of the company remains the same—innovation, growth, and delivering exceptional value!
With the support of its investors, customers, and employees, they’re on the path to great things. Here’s to the promising future—onward and upward!
(This article is part of IndiaDotCom Pvt Lt’s sponsored feature, a paid publication programme. IDPL claims no editorial involvement and assumes no responsibility or liability for any errors or omissions in the content of the article.)
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