Zimyo

Zimyo is a Gurugram-based human resources technology company. It makes a cloud HRMS and payroll platform for Indian and international organisations, covering the employee lifecycle from hiring and onboarding to payroll, performance and exit.

Its product lines include the core Zimyo HRMS, Zimyo Payroll for statutory Indian payroll with PF, ESI, TDS and professional tax, and Zimyo Engage for employee engagement and recognition. It also offers Loop by Zimyo for employee benefits, earned wage access and related services. The company says its platform has more than 60 integrated modules and supports global payroll in more than 40 countries.

Zimyo sells per-employee subscription plans, mostly through its direct sales team after a demo. Its customers are typically Indian SMEs and mid-market companies, and it names Bajaj Capital, Asian Paints and Yash Raj Studio among recognisable users.

Kumar Mayank founded Zimyo in 2018. Its leadership includes co-founder and CFO Naresh Gupta, CBO Mayank Singh and CTO Vinay Kumar. According to the company, it raised angel funding from Yatra Angel Network in January 2020, a $1.5 million seed round led by BEENEXT in September 2020, and a $2.2 million Series A from IndiaMART InterMESH in April 2022. Zimyo says more than 2,500 organisations and over 1 million employees use its platform, and it lists ISO 27001 certification and GDPR compliance. Buyers comparing Indian HRMS products should confirm per-employee prices for each module, statutory compliance coverage for their states, and integrations with their accounting and attendance systems before signing an annual contract. Zimyo has not published its own headcount or revenue.