Troubled times? Not for HR startups
BENGALURU: While funding in the HR-tech startup space plateaued this year after
seeing its biggest peak in 2015, entrepreneurial and investor sentiment in the space
has remained unscathed. As many as 65 new HRtech startups have emerged in India
so far this year, according to startup research platform Tracxn. The figure, however,
is dwarfed by last year's activity, which saw 235 new HR-tech startups spring up.
Last year, $49 million was invested in the sector in over 31rounds.