About HROne
HROne is a company based in Noida (India) founded in 2016 by Kanika Jain and Karan Jain.. HROne has raised $8.33 million across 2 funding rounds from investors including Dezerv, Prudent and Anicut Capital. The company has 290 employees as of January 28, 2025. HROne has completed 1 acquisition, including Cosmocloud. HROne offers products and services including Core HR, Payroll, Recruitment, and Attendance. HROne operates in a competitive market with competitors including Workday, Kronos, Darwinbox, People Strong and Paylocity, among others.
- Headquarter Noida, India
- Employees 290 as on 28 Jan, 2025
- Founders Kanika Jain, Karan 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 Uneecops Workplace Solutions Pvt. Ltd.
- Date of Incorporation 18 Jul, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$3.63 M (USD)52.09as on Mar 31, 2024
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Net Profit
$-2.22 M (USD)-47.68as on Mar 31, 2024
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EBITDA
$-2.21 M (USD)-55.82as on Mar 31, 2024
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Total Equity Funding
$8.33 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Series A
Sep 11, 2024
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Investors
Dezerv
& 5 more
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Employee Count
290
as on Jan 28, 2025
- Investments & Acquisitions
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Products & Services of HROne
HROne offers a comprehensive portfolio of products and services, including Core HR, Payroll, Recruitment, and Attendance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages employee data and HR configurations for businesses.
Automates payroll processing for accurate and timely payments.
Facilitates hiring processes to improve candidate selection.
Tracks real-time leaves and attendance for employees.
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Funding Insights of HROne
HROne has successfully raised a total of $8.33M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in September 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 Funding
- Total Rounds 2
- Last Round Series A — $4.0M
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First Round
First Round
(25 Aug 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - HROne | Valuation | Insitor Partners | |
| Aug, 2022 | Amount | Series A - HROne | Valuation | Insitor Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HROne
HROne has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Dezerv, Prudent and Anicut Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Provider of impact investment firm based in Singapore focused on investing in startups and early-stage social businesses
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Founded Year | Domain | Location | |
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Founded Year | Domain | Location | |
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Provider of financial products and investment services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HROne
HROne has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cosmocloud. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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No-code BaaS platform enables application development and API management.
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2022 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HROne
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hrone Comparisons
Competitors of HROne
HROne 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. 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 |
Cloud-based HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Human capital management platform is provided for HR process automation.
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| domain | founded_year | HQ Location |
Cloud-based human resource management software is offered.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based human capital management software is provided for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hrone
Frequently Asked Questions about HROne
When was HROne founded?
HROne was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is HROne located?
HROne is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is HROne a funded company?
HROne is a funded company, having raised a total of $8.33M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.33M, raised on Aug 25, 2022.
How many employees does HROne have?
As of Jan 28, 2025, the latest employee count at HROne is 290.
What is the annual revenue of HROne?
Annual revenue of HROne is $3.63M as on Mar 31, 2024.
What does HROne do?
HROne was founded in 2016 and is based in Noida, India. Cloud-based HR software is offered, covering core functions such as recruitment, workforce management, attendance, payroll, expense management, performance, engagement, asset management, and helpdesk. Add-ons including payroll outsourcing, AI-powered HR tools, and onboarding optimization are provided. Services are extended to industries like healthcare, ITES, financial services, retail, manufacturing, and logistics, with mobile applications and platform integrations available.
Who are the top competitors of HROne?
HROne's top competitors include Workday, SuccessFactors and GreytHR.
What products or services does HROne offer?
HROne offers Core HR, Payroll, Recruitment, and Attendance.
How many acquisitions has HROne made?
HROne has made 1 acquisition, including Cosmocloud.
Who are HROne's investors?
HROne has 6 investors. Key investors include Dezerv, Prudent, Anicut Capital, Insitor Partners, and MITCON Credentia.
What is HROne's valuation?
The valuation of HROne is $19.27M as of Aug 2022.