Angel Investments

HR tech startup Hono raises $5-M led by Aakash Chaudhry

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Gurugram-based Human resource technology startup Hono has raised USD 5 million (around Rs 39 crore) in a funding round led by test preparation company Aakash+Byju's managing director Aakash Chaudhry. Chaudhry invested USD 4 million in the round while USD 1 million was raised from other individual investors such as Hemant Sultania of Aakash Educational Services Ltd (AESL), Amit Khanna of Amaya Ventures, and Harsh Gupta of Udayat Group. Chaudhry will join the Board of Directors of the company. Hono is looking to leverage the new funds to expand operations across India, the Middle East, and Southeast Asia, increase market footprint and strengthen its product offering

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