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Indian HR startup Hono raises $5 million

Hono, [https://www.hono.ai/] a human resource management startup firm in India has raised $5 million to scale its operation in India, the Middle East and Southeast Asia. * Of the total funds raised, $4 million was received from Aakash Chaudhry, the managing director of Aakash and Byju's

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by Oluwajuwonlo Afolabi
Indian HR startup Hono raises $5 million
Photo by Cytonn Photography / Unsplash

Hono, a human resource management startup firm in India has raised $5 million to scale its operation in India, the Middle East and Southeast Asia.

  • Of the total funds raised, $4 million was received from Aakash Chaudhry, the managing director of Aakash and Byju's in India.
  • The remaining $1 million was received from Hemant Sultania, Amit Khanna of Amaya Ventures, and Harsh Gupta of Udayat Group.
  • Hono recorded 2x growth on its AI-driven HR platform in FY22, and targets to serve 5 million people, double its users and increase sales in FY23, the firm claims.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

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