CIEL HR Services Ltd raises Rs 30 crore from investors including Zoho and Pegasus India in a pre-IPO placement to fund acquisitions and working capital.
Amount Raised
₹300 Million
Round Type
Venture
BengaluruHuman ResourcesEmployee BenefitsInvestors
Description
Chennai-based CIEL HR Services Ltd has successfully raised Rs 30 crore from 88 investors in a pre-IPO placement. The company intends to use the proceeds to acquire stakes in its subsidiaries and to meet working capital and corporate expenses. The approval for the placement was granted by the Board and shareholders recently. CIEL HR aims to enhance its offerings through additional investments in its subsidiaries.
Quick answer
CIEL HR Group raised ₹300 Million in a funding round, dated January 4, 2026. Investors: Abhijit Bhaduri, Ns Rajan, Aikyam Capital, Kvps Investments, Sri Kaliswari Fireworks Private Limited, Prime Securities Limited, Rajashekar Reddy Seelam and Standard Fireworks. CIEL HR Group is based in Bengaluru, Karnataka, India.
- How much did CIEL HR Group raise?
- CIEL HR Group raised ₹300 Million in a funding round on January 4, 2026.
- Who invested in CIEL HR Group?
- Abhijit Bhaduri, Ns Rajan, Aikyam Capital, Kvps Investments, Sri Kaliswari Fireworks Private Limited, Prime Securities Limited, Rajashekar Reddy Seelam and Standard Fireworks are named as investors in this round.
- What does CIEL HR Group do?
- CIEL HR Group is a human resources and staffing solutions firm that offers a comprehensive range of technology-driven human resources solutions.
- Where is CIEL HR Group based and how big is it?
- CIEL HR Group is based in Bengaluru, Karnataka, India.
- Who are the decision-makers at CIEL HR Group?
- Fundz holds 2 contacts at CIEL HR Group, including the Managing Director and CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Human Resources and Employee Benefits around the same time
Companies in the same sectors as CIEL HR Group that raised within 45 days of this round, from Fundz verified event records.
- BenePass raised $40M (Series B) on January 21, 2026.
- Ben raised $28M (Series B) on December 17, 2025.
- BenePass raised $40M on November 21, 2025.
- Rivage raised $3.1M (Pre-Seed) on February 18, 2026.
- Valtus raised an undisclosed amount (Private Equity) on February 17, 2026.
- Timbuckdo raised $298K (Seed) on February 11, 2026.
Who to call at CIEL HR Group, and when
A new round usually means CIEL HR Group is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CIEL HR Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CIEL HR Group, from your own LinkedIn network
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