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Aakash+BYJU'S' Chaudhry invests $4 million in HR automation firm HONO

HONO raises $5 mn in Series A round to double size of operations

HONO, HR Automation firm
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Moreover, HONO is looking to leverage the fresh corpus of funds to expand its operations across India, the Middle East, and Southeast Asia, increasing its market footprint and strengthening its product offering.

Vinay Umarji Ahmedabad
Leading test prep company Aakash+BYJU’S' managing director and deep-tech investor Aakash Chaudhry has led human resources (HR) automation firm HONO's Series A round of funding with $4 million (Rs 30 crore roughly).

In a bid to double the scale of its operations, HONO has raised overall $5 million (Rs 37.7 crore approximately) in the Series A, including $ 1 million (Rs 7.7 crore approximately) from other individual investors such as Hemant Sultania, Amit Khanna of Amaya Ventures, and Harsh Gupta of Udayat Group.

With over 300 clients including the likes of Indigo Airlines, Spencer’s Retail, HDFC Bank, and Aakash+BYJU’S, among