ZingHR today said it has raised $10 million from Tata Capital Funds, according to a company statement on Monday. The latest investment gives Tata Capital Funds a 33% stake in the company. “We are thrilled to announce that we have bagged $10 million funding from Tata Capital Funds. Zing HR's SaaS solution is robust, nimble and adopted by marquee customers," Akhil Awasthi, Managing Partner – Tata Capital Growth Fund, said. Founded in 2014 by Prasad Rajappan, ZingHR offers comprehensive 'hire-to-retire solutions' to aid organisations to adopt digital transformation and improving business outcomes while enhancing the employee experience.

Source: The North Africa Journal January 18, 2022 06:55 UTC