About HONO
HONO is a company based in Gurugram (India) founded in 2016 by Ibu Meitei, Shrikrishna Joshi, Mukul Jain, and Amit Jain. HONO has raised $10.57 million across 5 funding rounds from investors including Mukul Jain, Suresh Soni and Shriram Jagetiya. HONO offers products and services including HONO HCM Platform, Payroll Software, Recruitment Module, and Employee Engagement Tools. HONO operates in a competitive market with competitors including Workday, Kronos, Darwinbox, People Strong and Paylocity, among others.
- Headquarter Gurugram, India
- Founders Ibu Meitei, Shrikrishna Joshi, Mukul Jain, Amit Jain
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Sequelone Solutions Private Limited
- Date of Incorporation 03 Sep, 2008
- Jurisdiction Delhi, India
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Annual Revenue
$8.01 M (USD)-9.29as on Mar 31, 2024
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Net Profit
-$1.41 M (USD)-35.48as on Mar 31, 2024
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EBITDA
$21.44 K (USD)157.73as on Mar 31, 2024
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Total Equity Funding
$10.57 M (USD)
in 5 rounds
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Latest Funding Round
$1.15 M (USD), Angel Round
Jul 26, 2024
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Investors
Amaya Ventures
& 50 more
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Employee Count
Not available
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Products & Services of HONO
HONO offers a comprehensive portfolio of products and services, including HONO HCM Platform, Payroll Software, Recruitment Module, and Employee Engagement Tools.
AI-powered tool for employee lifecycle and analytics management.
Handles global payroll with AI for efficiency and compliance.
Platform for hiring and candidate management processes.
Features for surveys, recognition, and team collaboration.
Funding Insights of HONO
HONO has successfully raised a total of $10.57M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $1.15 million completed in July 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.
Investors in HONO
HONO has secured backing from 51 investors, including angel and venture fund investors. Prominent investors backing the company include Mukul Jain, Suresh Soni and Shriram Jagetiya.
| Investor | Description | Founded Year | Domain | Location |
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Single family office and private equity firm focused on multiple sectors
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MJ
Mukul Jain |
Angel investor, ex-Google, focused on early-stage Indian startups
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Locked | Locked | Locked |
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SS
Suresh Soni |
Angel investor, ex-CEO of Nova Medical Centers, healthcare focus
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Locked | Locked | Locked |
Investor details for HONO
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by HONO
Investment portfolio details for HONO
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - HONO
Detailed financials for HONO
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- Profit trends
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Hono Comparisons
Peer comparison for HONO
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of HONO
HONO 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 Workday, Kronos, Darwinbox, People Strong and Paylocity, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based HR and financial software is delivered to enterprises.
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HCM software solutions for enterprise workforce management are provided.
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Human capital management platform is provided for HR process automation.
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Cloud-based human resource management software is offered.
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Cloud-based payroll and HR solutions are provided for businesses.
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Cloud-based human capital management software is provided for enterprises.
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Detailed competitors of HONO
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Latest news on Hono
Complete news archive for HONO
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Frequently Asked Questions about HONO
HONO was founded in 2016 and raised its 1st funding round 3 years after it was founded.
HONO is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Mukul Jain is the current CEO of HONO. They have also founded this company.
HONO is a funded company, having raised a total of $10.57M across 5 funding rounds to date.
Annual revenue of HONO is $8.01M as on Mar 31, 2024.
HONO was founded in 2016 in Gurugram, India, as a provider of cloud-based human capital management and multi-country payroll solutions. The platform is designed to automate HR processes such as recruitment, onboarding, workforce planning, time management, talent development, employee engagement, exit procedures, analytics, and payroll. AI integration is utilized to support productivity and employee experience. Operations focus on scalable, configurable tools for organizations across various sectors and geographies.
HONO's top competitors include Workday, SuccessFactors and GreytHR.
HONO offers HONO HCM Platform, Payroll Software, Recruitment Module, and Employee Engagement Tools.
HONO has 51 investors. Key investors include Mukul Jain, Suresh Soni, Shriram Jagetiya, Raghav Jagetiya, and Shashi Sharma.
The valuation of HONO is $10.34M as of Jan 2021.