HRtech startup Meraqui raises $1 Mn in seed round

HRtech startup Meraqui has raised $1 million in seed funding from HNI investors. 

The Pune-based startup will use the fresh capital to accelerate its journey to $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, it said in a press release. 

Launched by Shalin Maheshwari and Lalit Singh in January 2019, Meraqui is a tech enabled, grey and blue-collar work resource management platform specializing in employee lifecycle management.

Since its inception, the firm claims to have expanded at a rate of over 200 percent each year, with positive unit economics, and has presence in over 25 states and 82 cities.