uKnowva Raises $0.5 Million for HR Tech Expansion

uKnowva, a prominent HR Tech and Human Capital Management platform, has successfully secured $0.5 million in a pre-Series A funding round, co-led by Parv Network, Growth 91, and Aapna Infotech. The Mumbai-based platform has also been acquired by Hinduja Global Solutions. Prior to this funding, uKnowva had raised $48.7K.

The funds will be directed towards enhancing its sales and marketing efforts, accelerating geographical expansion through a strong partner network, and advancing its AI-led development roadmap, as indicated in a press release from uKnowva.

Overview of uKnowva

Founded in 2010 by Abhay Talekar, Priyanka Bhor Jain, and Vicky Jain, uKnowva is an innovative HR and workplace automation platform designed to optimise workforce management. It serves businesses across various industries aiming to digitise and streamline their HR operations.

Comprehensive Features

The Mumbai-based platform offers an extensive range of functionalities, including recruitment, onboarding, performance management, employee engagement, and analytics, all powered by advanced AI technologies. The primary objective is to simplify HR and workplace automation processes.

Strategic Use of Funding

Vicky Jain, co-founder and CEO of uKnowva, mentioned that the goal is to utilise this funding effectively to maintain product excellence and profitability at the core of their growth strategy. They aim to continue providing an intelligent and seamless experience for their customers.

Future Plans

In the next 12 to 24 months, uKnowva intends to significantly enhance its partner ecosystem, expand its footprint in Tier I and Tier II cities, and improve its AI-driven product offerings to meet the evolving demands of modern workplaces.