Popular on eTradeWire
- Plan Heal Smart Health Assessment Platform Now Available in the Microsoft Azure Marketplace - 511
- Impress from Engagis Now Available in the Microsoft Azure Marketplace - 293
- enCloud9 Partners with ClickDimensions to Launch PowerPack, Revolutionizing Sales and Marketing for SMBs  - 267
- Gravic, Inc. is Pleased to Announce the General Availability of HPE NonStop Shadowbase Version 6.801 - 245
- BOWA Gives Girls' Invite track and field competition to be held in Chicago's Pullman neighborhood - 232
- IAM and Universiti Malaya form collaborative relationship/ MOU - 183
- Unlocking the Magic of Miami Beach - 156
- Expert Writer Melanie Green to Host The Freelance Writing Podcast - 130
- The New Way of Selling Your House! - 127
- Local Speaker and Humanitarian Travels to England for Faces of Women of Heart Awards - 118
Similar on eTradeWire
- Shelflation Retail Technology Corp. Provides an Innovative Approach to Inventory and Stock Rotation
- Roger Williams University Named a National Center of Academic Excellence in Cyber Defense
- National Testing Network Expands Reach with New Public Safety Kiosk Testing Location in Woodbridge, VA
- Proliance Surgeons Data Breach: Murphy Law Firm Investigates Legal Claims
- East River Medical Imaging (ERMI) Data Breach: Murphy Law Firm Investigates Legal Claims
- E-Switch and New Yorker Electronics Enter New Franchised Distribution Agreement
- Coming Up On Fox Business Leading CHRO Expert Eric Torigian
- SureFlow Redefines Sustainability with IoT Innovation; Showcases Solutions at COP28 UAE
- Invenio IT partners with DataStream to offer cyber insurance, bringing unparalleled peace of mind for clients throughout the United States and Canada
- Parity Healthcare Analytics & National Perinatal Information Center (NPIC) Announce Collaboration
Microsoft-Backed HRtech Startup ZingHR Invests In SaaS Startup LokiBots
eTradeWire News/10724111
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. - eTradeWire -- 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 eTradeWire News
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 eTradeWire News
- Introducing a Trailblazing Anthem: "Passport Bros Anthem"
- My Glo Mushroom Made Lighting is nominated for the Green Product Award 2024
- Tune In to Fox Business for an Interview with Curtis Cloke America's Leading Retirement Income Expert
- Unveiling the Ethnic Variances of Menopause
- Foreign Car Care Auto Repair Shop in Cedarville, Arkansas
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 eTradeWire News
- 8000EMR Series of EMI- and RFI-Resistant Liquid Flow Meters
- Greg Lindberg Explores in Latest Book the Science of Quantum Biology and Its Impact on Human Life
- Benchmark International Successfully Facilitated The Transaction BT Mission Data, LLC And Growth
- Cuebiq Soars High as EMEA's 2023 AWS Partner of the Year
- Roger Williams University Named a National Center of Academic Excellence in Cyber Defense
- Muller Law Firm Explains the Importance of Documentation in Credit and Collection
- A Maui Luxury Real Estate Agent can Help Buy and Sell in Maui
- Catch the Exciting 39th Annual Kingdom Day Parade in Los Angeles Exclusively on ABC 7!
- Howell-Based Lawn Care Company Shares Tips for Winter
- Alumi-Span Docks Helps You Transform Your Dock into an Outdoor Living Space
- Plan Heal Smart Health Assessment Platform Now Available in the Microsoft Azure Marketplace
- The 30 Second Dance Party Volume II: Elevating Joy in Classrooms, Offices, and Homes
- Corcoran Lifestyle Properties Acquires Executive Real Estate
- National Testing Network Expands Reach with New Public Safety Kiosk Testing Location in Woodbridge, VA
- Bethesda Academy Holds Annual Senior Recognition and Blazer Ceremony
- Local Speaker and Humanitarian Travels to England for Faces of Women of Heart Awards
- Heather Aubrey Lloyd Brings Janis-Meets-Joni Vocals to New Spire Arts
- Soar to New Heights this Holiday Season with Top-Rated Budget Friendly Drones for Beginners
- Introducing Bushel: Revolutionizing macOS App Dev with a Groundbreaking Virtual Machine Experience
- Colin Garrett Named In The Top 25 Drivers Worldwide at BMW's Night of Trophies 2023