Microsoft-Backed HRtech Startup ZingHR Invests In SaaS Startup LokiBots

Microsoft-Backed HRtech Startup ZingHR Invests In SaaS Startup LokiBots

SUMMARY

The investment will help ZingHR leverage its AI-based software bots, conversational AI and document AI to add capabilities and features to its human capital management (HCM) offerings

The deal will also enable ZingHR to increase the efficiency of its HRtech products by 95-100%

The investment comes almost a year after ZingHR received $10 Mn from Tata Capital Growth Fund in exchange of 33% equity in the startup

HRtech startup ZingHR has made a strategic investment in Silicon Valley-based SaaS startup LokiBots. 

The investment will help ZingHR leverage its AI-based software bots, conversational AI and document AI to add capabilities and features to its human capital management (HCM) offerings. It would further help ZingHR to expand its AI-based products and services.

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