HONO, a prominent HR digital solutions provider, revealed that it had raised $5 million in a series A fundraising round led by Aakash Chaudhry, managing director of Aakash+BYJU’s, a test-preparation firm.
Other individual investors such as Hemant Sultania, Amit Khanna of Amaya Ventures, and Harsh Gupta of Udayat Group contributed the remaining $1 million to the AI-driven employee experience platform.
With this investment, Chaudhry will join the Gurugram-based company’s board of directors and will be actively involved in its business activities.
HONO plans to use the new funds to grow its operations in India, the Middle East, and Southeast Asia, broadening its market reach and improving its product offering.