HRTech Platform Raises $2.5 Million Seed Funding

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You are studying Entrepreneur India, a global franchise of Entrepreneur Media., an HR techplatform that permits firms to leverege information in making extra environment friendly compensation choices, has raised $2.5 million in seed funding led by YCombinator and Binny Bansal’s Three State Capital. San Francisco-based Tribe Capital andPioneer fund additionally participated within the spherical. The corporate plans to make use of the funds to strengthen the group, construct new merchandise and primarily scale up the engineering and product groups for product growth.

The corporate has additionally introduced launch of CompUp is a full-stack compensation administration platform that brings collectively all of the compensation information and insights into one place. This might be utilized by firms to match, strategise, and talk ‘whole rewards’ to their staff, and candidates. The platform will remodel the way in which pay processes are managed in firms, to drive the next equity quotient amongst staff, in response to an official assertion by the corporate.

“We imagine that the issue of pay disparities may be solved solely when firms come collectively to democratize entry to real-time compensation benchmarks. That is the explanation why ‘Whole Rewards’ leaders of funded startups are coming collectively to kind an invite-only group, with us. HireSure goals to realize pay parity by serving to firms leverage information to make scientific and truthful individuals choices beginning with compensation. As of now, compensation information is sitting in silos in a number of methods. Our product CompUp aggregates compensation information from a number of methods and comes up with insights to make higher compensation choices,” mentioned Anurag Dixit, co-founder of

The corporate has presently partnered with greater than 200 funded startups in India together with Meesho, Slice, Dream11, Apna, Porter, Dunzo, Khatabook, and Rapido. The purpose is to accomplice with about 800 startups by the tip of 2023 and can then develop our providing to Southeast Asia and Center East, claimed by the corporate within the assertion. The corporate has additionally appointed Satheesh Ok V (co-founder Spottabl, and former senior director HR at Flipkart) on its advisory board member, the assertion added.

Based in 2019 by Anurag Dixit, Anshul Mishra, and Ramesh Konatham, makes use of real-time compensation benchmarking information to assist firms make extra environment friendly compensation choices and eradicate pay disparities.

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