Z

Zimyo

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Company Research Report: Zimyo



Company Overview



Name and Mission


  • Company Name: Zimyo

  • Mission: Simplifying and automating HR processes with a user-friendly interface and powerful automations to enhance the efficiency and effectiveness of HR teams.


Founding Details


  • Founded: January 2018

  • Founders: Founded by Kumar Mayank


Key People


  • CEO & Founder: Kumar Mayank

  • Co-Founder and CFO: Naresh Gupta

  • CBO: Mayank Singh

  • CTO: Vinay Kumar


Headquarters


  • Location: Gurugram, India


Employees


  • Number of Employees: No information is available


Revenue


  • Annual Revenue: No information is available


Industry Recognition


  • Known for providing cutting-edge HRMS solutions that enhance employee engagement and streamline HR operations.


Products



Zimyo provides an array of HR technology solutions. Here’s a high-level description with some key features for each product category:

HR Management Solutions


  • Core HR: Employee management, onboarding, offboarding, attendance, and leave management with a focus on policy and workflow management.


  • Payroll Automation: Automation of payroll processes, statutory compliance, and management of overtime and incentives.


Recruitment Solutions


  • Recruit: A suite encompassing candidate management, requisition management, and sophisticated applicant tracking systems. Features AI-based resume screening and interview scheduling functionalities.


Performance Management


  • Performance: Review systems based on KRA/KPI, management of objectives (OKR), and comprehensive feedback mechanisms.


Employee Engagement


  • ESS (Employee Self-Service): Tools to enhance employee engagement through collaboration, feedback (1:1, 360°, Continuous), and announcements.


  • Timesheets: Centralized tool for tracking employee time, managing timesheets, and effectively managing workforce hours.


Recent Developments



New Products and Features


  • Zimyo 2.0: Launched with enhanced AI features promoting better workforce ecosystems.


  • Benefits Platform: Embedded finance module designed to improve financial wellness through employee benefit solutions.


Key Partnerships and Milestones


  • Investment and Funding:

  • November 2023: Recognized as the Best SaaS Product of the Year by Entrepreneurs Media Excellence Award.

  • April 2022: Raised $2.2 million from IndiaMART InterMESH Ltd.


  • Market Expansion:

  • Expanded into the Middle East market successfully onboarding numerous customers.


Industry Acknowledgements


  • Awards and Recognitions:

  • Nov 2024: Ranked among Forbes India DGEMS 2024 Top 200 Companies.

  • June 2024: High Performer Asia Pacific by G2.


  • Certifications:

  • Great Place to Work certified in 2022.


This detailed analysis highlights Zimyo’s position as a fast-expanding player in the HR tech space, with notable advancements in product development, market reach, and industry recognition.