- The company previously raised $500K from a consortium of angel investors
- The fresh funds will be deployed towards Officekit HR’s expansion across APAC and GCC regions
Kerala, India-based Officekit HR, on Monday, in a statement to LAFFAZ said that the company has raised $1 million in a seed funding round from California-based Expert DOJO Venture Fund II LLC.
Founded in 2016 by Mohammed Faizan Lanka and Haris PT, Officekit HR is a Hire-to-Retire Human Capital Management (HCM) platform with consumer-grade user experiences which handles multi-country and multi-currency. The platform ensures seamless implementation to assimilate employee engagement and experiences cost-effectively.
Officekit HR has come to its genesis with a combined 15-20 years of IT experience of both the founders – being part of various successful exits. Faizan Lanka has led several IT product teams with his skills in HR, BI and Data Analysis, including HCL and Infosys among others. Haris PT has also led various IT businesses with his absolute passion in business development and networking.
The strategic advisor for Officekit HR, Swethal Kumar, CEO & Managing Partner at StartupScale360 FZCO and former Mubadala and Hub71, led the investment discussion and negotiations to close the deal successfully.
Speaking of the development for Offickit HR, Lanka told LAFFAZ,
“We are planning to utilise the fresh proceeds to scale-up our operations across APAC and GCC regions, hiring manpower to build our dream team and expansion. We are also building up our research team in Artificial Intelligence and Machine Learning in the HR domain to further boost our offering.”
Prior to the latest capital infusion, Officekit HR raised $500k from various angel investors. The company claims to have a customer base of 20 customers including UAE-based Lulu Group, across more than 15 countries, with over 18,000 employees managed through its platform.