CIEL HR

Bengaluru, India Founded: 2015 • Age: 11 yrs
HR management, recruitment, and staffing services are provided.
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About CIEL HR

CIEL HR is a company based in Bengaluru (India) founded in 2015 by Santhosh Nair, K Pandia Rajan, and Hemalatha Rajan.. CIEL HR has raised $12.61 million across 3 funding rounds from investors including Cavinkare, IDHAYAM and StockHifi. CIEL HR has completed 4 acquisitions, including Jombay, Ma Foi and Thomas. CIEL HR operates in a competitive market with competitors including Randstad, ADP, Alera Group, UKG and Insperity, among others.

  • Headquarter Bengaluru, India
  • Founders Santhosh Nair, K Pandia Rajan, Hemalatha Rajan
  • Stage Minicorn
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Workforce & Human Resource Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $12.61 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5.02 M (USD), Angel Round

    Jun 09, 2024

  • Investors
    Cavinkare

    & 67 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Jombay

    & 3 more

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People of CIEL HR
Headcount 500-1000
Employee Profiles 41
Employee Profiles
People
Abhimanyu Basu
Business Manager
People
Niharika Mahendrakar
Recruitment Consultant
People
Prachi Jain
Manager
People
Latha Rajan
Director

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Funding Insights of CIEL HR

CIEL HR has successfully raised a total of $12.61M across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $5.02 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Angel Round — $5.0M
  • First Round

    (29 Mar 2022)

  • Investors Count 68
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Angel Round - CIEL HR Valuation Sunila Rajan
Dec, 2023 Amount Series A - CIEL HR Valuation Sri Kaliswari Fireworks , Cavinkare
Mar, 2022 Amount Series A - CIEL HR Valuation Zoho
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CIEL HR

CIEL HR has secured backing from 68 investors, including institutional and angel investors. Prominent investors backing the company include Cavinkare, IDHAYAM and StockHifi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Fireworks manufacturing and renewable energy initiatives in India.
Founded Year Domain Location
Multicategory convenience food products are offered as an internet-first brand.
Founded Year Domain Location
Industrial air pollution control and material handling solutions for various sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CIEL HR

CIEL HR has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Jombay, Ma Foi and Thomas. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of talent assessment and analytics platform for companies
2011
Candidate assessment services are provided for recruitment purposes.
2010
Background verification services are provided by Vibrant Screen.
2001
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - CIEL HR

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ciel Hr Comparisons

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Competitors of CIEL HR

CIEL HR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Randstad, ADP, Alera Group, UKG and Insperity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
HR consulting, recruitment, and outsourcing services are offered worldwide.
domain founded_year HQ Location
Cloud-based HR management solutions are offered for payroll and compliance.
domain founded_year HQ Location
HR, insurance, and liability services are provided by Alera Group.
domain founded_year HQ Location
Provider of HR and payroll & workforce management solutions
domain founded_year HQ Location
HR outsourcing services are provided to businesses by Insperity.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about CIEL HR

When was CIEL HR founded?

CIEL HR was founded in 2015 and raised its 1st funding round 7 years after it was founded.

Where is CIEL HR located?

CIEL HR is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Who is the current CEO of CIEL HR?

Aditya Narayan Mishra is the current CEO of CIEL HR.

Is CIEL HR a funded company?

CIEL HR is a funded company, having raised a total of $12.61M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.08M, raised on Mar 29, 2022.

What does CIEL HR do?

CIEL HR was founded in 2015 and is based in Bengaluru, India. HR management, recruitment, and staffing services are offered, along with payroll processing, leave and attendance management, AI-based resume scoring, expense and learning management, candidate assessment, and compliance management. These services are extended to industries including IT, engineering, financial services, and consumer products.

Who are the top competitors of CIEL HR?

CIEL HR's top competitors include Randstad, Alera Group and UKG.

How many acquisitions has CIEL HR made?

CIEL HR has made 4 acquisitions, including Jombay, Ma Foi, and Thomas.

Who are CIEL HR's investors?

CIEL HR has 68 investors. Key investors include Cavinkare, IDHAYAM, StockHifi, Kelsa Solutions, and Sri Krishna Fireworks.

What is CIEL HR's valuation?

The valuation of CIEL HR is $111.02M as of Jun 2024.

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