A unified Human Capital Management, Zimyo operates in the technological industry revolutionizing Human Resource operations. Due to the new automation processes, traditionally strenuous HR activities like checking for payroll errors are almost eliminated.
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Zimyo-A One-Stop-Solution For All Your HR Needs
1. Zimyo-A One-Stop-Solution For All Your
HR Needs
A unified Human Capital Management, Zimyo operates in the technological
industry revolutionizing Human Resource operations. Due to the new
automation processes, traditionally strenuous HR activities like checking for
payroll errors are almost eliminated. Thus, organizations find all the tools they
need for effective employee lifecycle management from onboarding to
offboarding with digital products. Furthermore,businesses can now engageand
retain their desired talents using its products. Ultimately, this results in a highly
motivated workforceanda workplacethat encouragesproductivity.The diverse
range of products offered by the company does all this and more.
Additionally, it has entered the embedded finance segment
from the HR tech space. This includes offering employee
benefits, tax-saving solutions, insurance covers, personal
loans, payout and advance salary options, retirement plans,
and financial assessments.
The company serves more than 500 organizations with 100,000+ active users
with an interface and structure that encourages user convenience. These
innovations have resulted in the company receiving more than a 4.7/5 rating
across various review platforms from its users. Consequently, the company
gained recognition by G2 as a “High Performer” in the HRMS, Payroll, and Time
& Attendance Software categories – earning a total of 7 accolades.
Founded by Kumar Mayank and Ajay Kadyan in 2018, Zimyo was pioneered to
overcome many of the stagnations plaguing the HR departments across Indian
industries. Kumar Mayank specifically targeted the SaaS market in India to
2. mitigate the routine hassles that HR departments face in payroll and other
matters. An IIM-Lucknow alumnus, hegathered theseskills thanks to working in
the financial services industry. His impressiveworkexperienceincludes working
as a ProductManager at ING Vysya Bank and JanalakshmiFinancial Services. He
was also the AVP at Equitas Small Finance Bank, where he played a crucial part
in launching ‘FASTag’ for the Small Finance Bank – the new flagship Payment
productof NPCI forElectronic Toll Collection (ETC).Theseexperiences stem from
Kumar Mayank’s flair for networking and socializing.
On the other hand, Ajay Kadyan, as a co-founder, paid greater attention to
company growth. His repertoire includes 10 years of experience in product
development, system architecture, and data analytics; Ajay worked with
multiple organizations in his early career days, including AuthBridge Research
Services. During this time, he established a name for himself in tech, data, and
product management. All of this allowed him to make significant contributions
to the company’s prosperity and success. Presently, he strives to make the
company the foremost player in the HR tech space. His vision is to create
business environments that improve employee experiences, drive higher
engagement, and build a differentiating human capital advantage.
The company started off as a joint venture of two friends who operated froma
garage office. The founders were motivated by mounting debt and a vision to
innovate. KumarMayank,fromthe start,realized that employees did notusually
get “formal credit” (banks were unwilling to give them loans). Kumar analyzed
this gap and endeavored to create a way to remedy the situation. This is how
the company’s journey started. They began an innovation drive that merged
FinTech with HRTech from an employee-first perspective.
This is how the company founders describe their goals and ambitions:
“To the world,wearejustan HR Tech company.However,forthe organizations,
we are more– We are their ‘go-to’ partner for HRand Payrollmanagement; we
are financial services providers, employee engagement drivers, and
performance management buddies to them. In an employee’s world, we are
much more– We are a company that gives them loans when no one does, their
financial planners who help them save for their retirement, the insurance
providers who fight for their family to settle claims (even if they are here no
more). We believe that every employee deserves financial freedom and access
to credit is their fundamental right; weare giving them financial freedom on the
go with ouradvancesalaryandpersonalloan options.Wearetaking careof their
3. medical expensesthroughour insuranceproductand helping them plan fortheir
future. Employees take good care of the organizations that care about them,
their growth, well-being, and families. And with our employee benefits services,
we want employees to start believing that their organizations care for them, as
we want the employers to show they do. We want to help organizations build
great places to work where their employees can thrive, so they can serve their
customers and become great businesses themselves.”
With his experience, Kumar brought expertise in FinTech and leadership
management across various domains, including technology, processes,
operations, and business, into the company. Whereas Ajay, working with many
tech giants, amassed technological and functional knowledge.
THE COMPANY PROVIDES CLOUD-BASED HR SOLUTIONS TO
BUSINESSES OF ALL SIZES. IT OFFERS COMPREHENSIVE,
INNOVATIVE HR SOLUTIONS – PAYROLL AND EXPENSE
MANAGEMENT, PERFORMANCE MANAGEMENT SYSTEM,
EMPLOYEE ENGAGEMENT, EMPLOYEE BENEFITS, TIME AND
ATTENDANCE, AND ONBOARDING AND RECRUITMENT
SOLUTIONS.
Some industries include BFSI, FMCG, IT/ITES, Logistics to Healthcare, and
Manufacturing. Some of the company’s prominent clients include Bajaj Capital,
TVF, iMocha, YouWeCan, Apollo, Finvest, Vyapar, Hillson Shoes, 88 Pictures,
RiskCovry, Monnet Ispat and Energy Limited, and many among others.
The company’s stellar performance got it recognized twice by G2 as a “High
Performer” in the HRMS, Payroll, and Time & Attendance Software categories.
What support do you need from the public and customers?
“The reason why weleft our cushy jobs was thatwehad to do something about
the challenges that we faced as employees. Challenges that we knew only
technology could resolve. As we were well-versed with the challenges that
employees or organizations face in carrying out their day-to-day activities, we
knewwhatwehad to bring to the table. And weareincredibly delighted to share
that we have successfully built a product that is impacting so many lives. We
strivehardto ensurethat the solutionswedeliver offersomevalue to our users.
4. We only need our customers or the general public to share good words about
us. To try our solutions and reap the benefits of automation in HR. We need
them to believe us and keep believing us becauseweare working hard to match
the excellence, they expect from us. We are working towards resolving all the
issues organizations face while managing their employees or employees face
while working in an organization.”
Message to your customers and viewers:
“Firstand foremost, we would like to thank all our customers who placed their
trust in us and gave us and our solutions a chance in transforming their HR
function. Their support gave us the confidence to expand our horizons in the
international market. When wereceive thoseclient emails filled with gratitude,
that is when we realize how far we have come and how far we have to go. This
is justthe beginning; weknow wehave a long way to go, but wemake surethat
every effort counts. Since Zimyo’s inception, we have focused on delivering
value to our customers, and we will continue to do so. Our customers are not
justcustomers, they are our partners, and their growth is our growth. And with
our products and services, weare trying to contribute a little bit to their growth
by helping them automate one of their time taking and resource-consuming
tasks-HR administration.”