Trending...
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
- New Mobile Car Detailing Platform Connects Drivers with On-Demand Local Pros
- Cal State LA secures funding for two artificial intelligence projects from CSU
The investment will help ZingHR leverage its AI-based software bots, conversational AI and document AI to add capabilities and features to its human capital management (HCM) offerings
The deal will also enable ZingHR to increase the efficiency of its HRtech products by 95-100%
The investment comes almost a year after ZingHR received $10 Mn from Tata Capital Growth Fund in exchange of 33% equity in the startup
The deal will also enable ZingHR to increase the efficiency of its HRtech products by 95-100%
The investment comes almost a year after ZingHR received $10 Mn from Tata Capital Growth Fund in exchange of 33% equity in the startup
MILPITAS, Calif. - Californer -- HRtech startup ZingHR has made a strategic investment in Silicon Valley-based SaaS startup LokiBots.
The investment will help ZingHR leverage its AI-based software bots, conversational AI and document AI to add capabilities and features to its human capital management (HCM) offerings. It would further help ZingHR to expand its AI-based products and services.
ZingHR said the investment will also help it increase the efficiency of its HRtech products by 95-100%.
The funding comes almost a year after ZingHR received $10 Mn from Tata Capital Growth Fund in exchange of 33% equity in the startup.
More on The Californer
Founded in 2014 by Prasad Rajappan, the Mumbai-based startup offers cloud-based human capital management (HCM) solutions including talent acquisition, talent management, payroll and alumni management, among others to small and medium-sized enterprises.
ZingHR shared that it has added machine learning, deep learning and blockchain technology to its current products and enterprise offerings.
"Our aim with such strategic relationships is to set a new standard in speed, efficiency, and productivity in the HRtech industry and deliver unparalleled value to our clients. This can be also leverage by our customers for many of their non-HR processes like Accounting, Sales, Procurement and many others," said, Prasad Rajappan, founder and MD of ZingHR.
The HRtech startup claims to have a client base of 1000 companies and offers services in 26 languages.
LokiBots, on the other hand, is a four-year-old startup that helps non-tech savvy people create software bots and automate repetitive computerized tasks.
LokiBots also enables digitization using ML-based forecasting and predictions, document AI and conversational AI.
"Our goal has always been to bring the power of intelligent automation to businesses of all sizes, and with ZingHR's vast clientele and financial support we will be able to strengthen our Go-To-Market initiatives. It will also enable us to accelerate our mission of democratising intelligent automation for businesses," said Srilatha Charuvu, cofounder and CEO of LokiBots.
The investment will help ZingHR leverage its AI-based software bots, conversational AI and document AI to add capabilities and features to its human capital management (HCM) offerings. It would further help ZingHR to expand its AI-based products and services.
ZingHR said the investment will also help it increase the efficiency of its HRtech products by 95-100%.
The funding comes almost a year after ZingHR received $10 Mn from Tata Capital Growth Fund in exchange of 33% equity in the startup.
More on The Californer
- Rachel Farris, CPA Featured on The AJ Brown Show to Discuss Act 60 Tax Incentives
- Brindle Pet Supplies Now Carries Badlands Ranch Dog Food in Canada
- Jade & Zelda Launch Virtually Human: A Groundbreaking Podcast Hosted by AI-Powered Virtual Humans
- Dr. Satyam Priyadarshy Joins Indemnify AI to Enrich AI Risk Financial Quantification
- $10 Million Allocated to Establish Crypto Treasury Focused on High Value Ethereum (ETH) & Bitcoin (BTC) as Long-Term Holdings for Cybersecurity Leader
Founded in 2014 by Prasad Rajappan, the Mumbai-based startup offers cloud-based human capital management (HCM) solutions including talent acquisition, talent management, payroll and alumni management, among others to small and medium-sized enterprises.
ZingHR shared that it has added machine learning, deep learning and blockchain technology to its current products and enterprise offerings.
"Our aim with such strategic relationships is to set a new standard in speed, efficiency, and productivity in the HRtech industry and deliver unparalleled value to our clients. This can be also leverage by our customers for many of their non-HR processes like Accounting, Sales, Procurement and many others," said, Prasad Rajappan, founder and MD of ZingHR.
The HRtech startup claims to have a client base of 1000 companies and offers services in 26 languages.
LokiBots, on the other hand, is a four-year-old startup that helps non-tech savvy people create software bots and automate repetitive computerized tasks.
LokiBots also enables digitization using ML-based forecasting and predictions, document AI and conversational AI.
"Our goal has always been to bring the power of intelligent automation to businesses of all sizes, and with ZingHR's vast clientele and financial support we will be able to strengthen our Go-To-Market initiatives. It will also enable us to accelerate our mission of democratising intelligent automation for businesses," said Srilatha Charuvu, cofounder and CEO of LokiBots.
Source: LokiBots, Inc.
0 Comments
Latest on The Californer
- Gulf South Angels and TCA Venture Group Announce Strategic Relationship to Accelerate Investment and Innovation
- Hilton Santa Clara Welcomes Kunal Khandwala as Director of Sales & Marketing
- $100 to $200 Million Equity Agreement with Top Digital Advisor Bitwise to Power Major Digital Asset Initiative for Bitcoin and Solana: OFA Group
- California: Governor Newsom advances government effectiveness and efficiency with new executive order, launches task force with tech industry leaders
- New Collaboration Launches Corporate ESG Solution for Responsible Decommissioning and Transparent Reporting
- Terminally-Ill Young Man to Meet New York Family for the First and Last Time
- SJJA Holdings Reaffirms Lead Corporate Partnership with Swim Up Hill, Backing All Six Divisions an
- SlickCashLoan Launches Free Loan Calculator to Help You Plan Monthly Payments
- Bridge to Life™ Unveils Groundbreaking 12-Month Clinical Trial Data on HOPE at World Transplant Congress 2025 USA - English USA - Deutsch USA - Français USA - English
- 5 Common Signs You Should See a Dentist in Castro Valley Sooner Than Later
- VoiceGenie AI delivers 24/7 virtual receptionist capabilities—personalized, professional, and powered by advanced conversational AI
- 24/7 customizable AI answering service from Kell Web Solutions, Inc. helps businesses never miss a customer call, lead, or appointment again
- TikTok Star ArcadeFriends Attempts 24-Hour Claw Machine Marathon at Lucky Puppy Arcade in Las Vegas
- Revolutionary conversational AI transforms customer engagement with professional virtual receptionist answering service tailored for small busines
- New AI platform helps small businesses deliver always-available, professional customer service without added staff or complexity
- VoiceGenie AI empowers small businesses with 24/7, brand-driven customer engagement through an AI-powered virtual front desk receptionist
- California: Governor Newsom signs tribal-state gaming compact 7.14.25
- VoiceGenie AI empowers small businesses with human-like call answering and customer engagement—bridging the gap between automation and live
- New 24/7 AI solution transforms customer engagement and efficiency for small businesses seeking live virtual receptionist services
- Next-generation virtual receptionist service leverages AI to ensure every customer call and text is answered, enhancing efficiency and engagem