HR-tech startup Meraqui raises $1-M

Pune-based Meraqui, a tech enabled, grey- and blue-collar work resource management platform specialising in employee lifecycle management, has raised USD 1 million in seed funding from HNI investors. The company will use its capital to accelerate its journey to USD 20 million gross revenue by expanding to more cities in the next 6 months, launching new modules and developing the next generation of technology services to make experiences immersive and effective. Meraqui is in initial discussions with investors to raise its Series A capital by the first quarter of the next fiscal.