Zimyo raises $1.5 million

Date posted: Thursday 17 September 2020

Zimyo, an HR software and payroll platform for small and medium-sized businesses (SMB), has raised $1.5 million in seed round led by venture capital firm BEENEXT. Yatra Angel Network (YAN) and AngelList also participated in the round. Angel Investors Abhishant Pant (Founder of The FinTech Meetup) and Navin Surya (Chairman, FinTech Convergence Council) and Sayali Karanjkar (Co-founder, Paysense) also participated in the round, the company said in a statement. The company plans to use seed funding to hire talent and further build its technology to expand its business.

(Business Line)