When was HONO founded?

HONO was founded in 2008 and raised its 1st funding round 11 years after it was founded.

Where is HONO located?

HONO is headquartered in Gurugram, India. It is registered at 145, Bhagirathi Apartments, Sector-9, Rohini, North Delhi, New Delhi, Delhi, India, 110085.

Who is the current CEO of HONO?

Mukul Jain and Mukul Jain s of HONO. Mukul Jain has also founded 2 companies and is an angel investors in 1 startup.

Which legal entities is HONO associated with?

HONO is associated with SEQUELONE SOLUTIONS PRIVATE LIMITED.

How many employees does HONO have?

As of May 31, 2026, HONO has 635 employees, reflecting a 31% year-over-year growth in headcount.

Is HONO a funded company?

HONO is a funded company, having raised a total of $10.6M across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jun 13, 2019.

How much is HONO worth?

The latest valuation of HONO is $***** as of Jul 26, 2024. This marks a decline of 5% from its peak valuation of $26.2M in Jun, 2019. This marks a decline of 5% from its peak valuation of $26.2M in Jun, 2019.

When was the latest funding round of HONO?

HONO's latest funding was a $***** Angel round on Jul 26, 2024, with participation from 10 investors. Its primary sector is HRTech. In India, the HRTech sector has seen $42.7M in funding in 2026 to date.

What is the annual revenue of HONO?

Annual revenue of HONO is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does HONO rank among its competitors?

HONO ranks 17th amongst 2904 active competitors, of which 132 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Darwinbox, which secured an undisclosed amount in Sep, 2026.

Who are the top competitors of HONO?

HONO's top competitors include Workday, Factorial and Kronos. Among them, Darwinbox secured the most recent funding round in September, 2026.

HONO - 2026 Company Profile, Team, Funding, Competitors & Financials

HONO is a series A company based in Gurugram (India), founded in 2008 by Mukul Jain, Shrikrishna Bhagwanrao Joshi, Mukul Jain, Ibu Meitei and Amit Jain. It operates as a Provider of cloud-based human capital management software and related services. HONO has raised $10.6M in funding, with a current valuation of $*****. The company has 2904 active competitors, including 132 funded and 170 that have exited. Its top competitors include companies like Workday, Factorial and Kronos.

Company Details

Provider of cloud-based human capital management software and related services. The software provides tools for recruitment, onboarding, employee engagement, and performance management. The platform offers features such as HR analytics, workforce planning, and employee self-service portals. The company aims to streamline HR processes and improve employee experience through its solutions.

Website: www.hono.ai/
Social
Email ID: *****@hono.ai
Phone Number: +91 **********
Registered Address: 145, Bhagirathi Apartments, Sector-9, Rohini, North Delhi, New Delhi, Delhi, India, 110085

Key Metrics

Founded Year

2008

Location

Gurugram, India

Stage

Series A

Total Funding

$10.6M in 5 rounds

Latest Funding Round

Angel, Jul 26, 2024, $*****

Post Money Valuation

$***** as on Jul 26, 2024

Investors

Aquil Busrai & 75 more

Ranked

17^th among 2904 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

635 as on May 31, 2026

Similar Companies

Workday & 3365 more

View HONO's full profile

HONO is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SEQUELONE SOLUTIONS PRIVATE LIMITED CIN: U74140DL2008PTC182820 , India, Active	Sep 03, 2008	₹50 - ₹100 Cr (As on Mar 31, 2025)	635 (As on May 31, 2026)

HONO has raised a total funding of $10.6M over 5 rounds. Its first funding round was on Jun 13, 2019. Its latest funding round was a Angel round on Jul 26, 2024 for $*****. 10 investors participated in its latest round. HONO has 7 institutional investors and 69 angel investors.

Here is the list of recent funding rounds of HONO:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 26, 2024	8621219	Angel	7957161	3551266	6465685	4759974
Apr 25, 2022	5074892	Series A	7525554	5837646	8465443	Harsh Gupta & 3 more
Apr 22, 2022	3742062	Angel	4252984	1550096	8285123	Mukul Jain & 1 more

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View details of HONO's funding rounds and investors

The founders of HONO are Mukul Jain, Shrikrishna Bhagwanrao Joshi, Mukul Jain, Ibu Meitei and Amit Jain. Mukul Jain and Mukul Jain are the CEOs of HONO.

Here are the details of HONO's key team members:

Mukul Jain: Co-Founder & CEO of HONO and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Shrikrishna Bhagwanrao Joshi: Co-Founder & Director of HONO. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Mukul Jain: Founder & CEO of HONO.
Contact Info: 1 email address
Ibu Meitei: Co-Founder of HONO.
Contact Info: 1 email address
Amit Jain: Co - Founder & CFO of HONO.
Contact Info: 2 email addresses and 1 phone number

HONO's Board of Directors

HONO's board has 4 active members. Mukul Jain and Shrikrishna Bhagwanrao Joshi are part of team and Aakash Chaudhry and Deepty Jain are independent board members.

Here is the list of HONO's board of directors:

Name	Type	Representing	Status	Duration
Mukul Jain	Team	-	Current	18y 1m
Shrikrishna Bhagwanrao Joshi	Team	-	Current	18y 1m
Aakash Chaudhry	Independent board member	-	Current	4y 5m
atgaccr	Independent board member	-	Past	4y 1m
nqlione	Independent board member	-	Past	3y 6m
qdwvipt	Independent board member	-	Past	6y 3m
orsqwnl	Independent board member	-	Past	8y 7m
lyqzntg	Independent board member	-	Past	8y 9m

View details of HONO's Founder profiles and Board Members

HONO's employee count trend

HONO has 635 employees as of May 26. The total employee count is 31.0% more than what it was in May 25. Here is HONO's employee count trend over the years:

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Top competitors of HONO include Workday, Factorial and Kronos. Here is the list of Top 10 competitors of HONO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, T. Rowe Price & 12 others	87/100
2nd	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Atomico, Tiger Global Management & 11 others	83/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	81/100
4th	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	79/100
5th	PeopleStrong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$30.7M	West Street AEP I Offshore Aggregator, HDFC Bank ... & 41 others	78/100
6th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 3 others	78/100
7th	Bob 2015, London (United Kingdom), Series E	Provider of integrated software for managing workforce payroll and finance	$740M	General Atlantic, Bessemer Venture Partners ... & 25 others	76/100
8th	Paychex 1971, New York City (United States), Public	Cloud-based platform for HRMS suite solutions	-	American Century, SEB & 5 others	75/100
9th	Darwinbox 2015, San Francisco (United States), Series D	Developer of human capital management software with AI capabilities	$144M	Peak XV Partners, TCV & 55 others	75/100
10th	SuccessFactors 2001, San Francisco (United States), Acquired	AI-powered human capital management solutions for workforce success and organizational agility	$79.8M	Notable Capital, Emergence Capital & 9 others	73/100
17th	HONO 2008, Gurugram (India), Series A	Provider of cloud-based human capital management software and related services	$10.6M	Amaya Ventures, Aakash Emprise & 74 others	67/100

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Founders own 42.17%, Enterprises own 3.31%, Angels (largest shareholder) own 44.65% and Other People own 5.08%. The net worth of HONO's founders is INR 88.6Cr as of Jul 26, 2024. The cap table displayed below is for SEQUELONE SOLUTIONS PRIVATE LIMITED which is the legal entity associated with HONO.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	42.17%	88.6Cr	8730445	1073334	4799763	7973078
Mukul Jain	7275099	1877134	6982239	1231062	6378663	6012211
Srikrishna Bhagwanrao Joshi	6922194	3125312	1847134	4561770	5924939	7204375
Amit Jain	0	0	0	0	0	0
Ibu Meitei	0	0	0	0	0	0
Enterprise	3.31%	6.96Cr	728	598	311	291
Angel	44.65%	93.7Cr	1608049	9885482	5970832	9328771
Aakash Chaudhry	9527154	1190441	3568876	9559405	4838014	6271178
Prakash Narayan Shanware	6347	1935	6058	7356	7186	8772
Deepty Jain	5	4	6	2	6	3
Suresh Soni	8	4	3	1	4	3
Aquil Busrai	7	8	6	5	1	5
Sonali Roy Chowdhury	0	0	0	0	0	0
Other People	5.08%	10.7Cr	56256	50362	79098	45269
ESOP Pool	3.41%	7.15Cr	147	164	433	183
Other Investors	1.38%	2.91Cr	6	7	8	1
Total	100.00%	210Cr	8682961	1027880	1175520	1921578