# Zimyo Consulting Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zimyo-consulting-private

- Industry: Outsourcing
- Headquarters: Gurugram, India
- Website: www.zimyo.com
- Total disclosed funding: $4.2M
- Latest round: Series A (Mar 21, 2022)
- Investors on record: 7

## About

Zimyo Consulting Private Limited provides innovative HR and payroll software solutions aimed at enhancing human resource management across various sectors, streamlining operations, and improving employee engagement.Founded in 2018 in Gurugram, India, Zimyo Consulting Private Limited specializes in HR management solutions. The company raised INR 200.77 million in Series A funding on March 21, 2022, led by IndiaMART InterMESH Ltd. and joined by BEENEXT. The founders, Ajay Kadyan and Kumar Mayank, have experience in the tech industry, contributing to Zimyo's strategic growth. The company has executed a total of 4 deals.Zimyo specializes in comprehensive HR and payroll software solutions that streamline human resource management for various industries. The Zimyo HRMS (Human Resource Management System) offers functionalities to eliminate paperwork, simplify employee management, and automate numerous HR tasks, including tracking employee data. It allows employees to manage personal information, access company policies, and engage through features such as chat and surveys. The platform is tailored for clients across multiple sectors, including manufacturing, finance, and retail, optimizing recruitment and employee engagement, and is available in markets like South Asia, Southeast Asia, and the Middle East.In the most recent fiscal year 2023, Zimyo reported revenue of INR 392,315.30 and an EBITDA of INR -1,471,131.30.Zimyo plans to leverage its recent Series A funding of INR 200.77 million to enhance its product offerings and expand into new geographic markets. The funding will support the development of upcoming features aimed at improving user engagement and functionality within the HRMS. The company is targeting expansion into markets beyond South Asia and Southeast Asia by the end of 2023, with a strategic focus on the Middle East.

## Funding rounds

- Series A, Mar 21, 2022, $2.6M — IndiaMART InterMESH Ltd., BEENEXT
- Seed, Sep 5, 2020, $1.6M — Vistra ITCL, BEENEXT, AngelList India, Yatra Angel Network, QED Innovation Labs
- Seed, May 13, 2019 — JioGenNext

## Investors

- JioGenNext (https://capitalatlas.ai/funds/jiogennext) — Seed
- Vistra ITCL — Seed
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed, Series A
- AngelList India — Seed
- Yatra Angel Network (https://capitalatlas.ai/funds/yatra-angel-network) — Seed
- QED Innovation Labs — Seed
- IndiaMART InterMESH Ltd. — Series A