Cnergyis Infotech India Pvt. Ltd.
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Cnergyis Infotech India Pvt. Ltd. - overview
Established
2002
Location
Mumbai, Maharashtra, India
Primary Industry
Software
About
Cnergyis Infotech India Pvt. Ltd. specializes in providing a robust Human Capital Management platform that enhances HR operations through integrated solutions, focusing on workforce management, compliance, and employee engagement. Founded in 2002, Cnergyis Infotech India Pvt.
Ltd. is headquartered in Mumbai, India. The company operates primarily in the Human Capital Management space, offering innovative HR solutions. In January 2022, it raised USD 10 mn in funding led by Tata Capital Private Equity, which it plans to use for global expansion and technology upgrades.
The founders, Prasad Rajappan and Vivek Tikoo, have a background in technology and entrepreneurship, contributing to the company's strategic direction. The firm has executed a total of 6 deals, with the most recent occurring in 2022. ZingHR delivers a comprehensive Human Capital Management (HCM) platform that enhances workforce management through an integrated suite of services. The platform offers solutions such as talent acquisition, payroll services, employee engagement, and workforce productivity tools, designed to streamline HR operations and enhance business outcomes.
It serves clients across various sectors, including BFSI, IT-ITES, manufacturing, retail, and healthcare, with a primary focus on markets in India, Southeast Asia, and the Middle East and Africa. In the most recent year of 2023, ZingHR generated revenue of USD 9. 72 mn, with an EBITDA of USD -2. 70 mn, indicating its financial performance amidst ongoing investments in technology and service enhancements.
Cnergyis Infotech India Pvt. Ltd. is strategically focused on launching new products and expanding into international markets. The funding raised in January 2022 will facilitate the development of innovative technology solutions and the expansion of its talent pool.
The company aims to penetrate additional geographic regions, enhancing its presence in global markets and improving its product offerings to meet diverse client needs.
Current Investors
Microsoft Accelerator, Vistra ITCL, Zeta Services Inc.
Primary Industry
Software
Sub Industries
Analytics & Performance Software, HR & Workforce Software
Website
www.zinghr.com
Verticals
Cloud Computing
Company Stage
Series B
Total Amount Raised
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