In addition to investments in technology, the funds would also be used to advance the company’s organic and inorganic growth plans
In addition to investments in technology, the funds would also be used to advance the company’s organic and inorganic growth plans
The city-based AI-driven human resources services company Ciel HR Services has raised about £20 million in private investment from Zoho Corp, Idhayam, Sri Kaliswari Fireworks and some high net worth individuals.
In addition to investments in technology, the funds would also be used to advance the company’s organic and inorganic growth plans. In the next few quarters, the company plans to open up the capital market, it said in a statement.
“With new investments, we will continue to build digital assets that increase internal efficiencies while providing increasing value to our clients, candidates and proxies,” said Aditya Narayan Mishra, Director & CEO.
For the year ended March, the company reported sales growth of 70% to £520 million.
