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In a developing country like India, citizens are having many developing and small businesses with dreams of growth and success. Payroll and Salary distribution are very important in such small businesses in India. The company has got the best HRMS (Human Resource Management System).
Asanify is a company that is simplifying the above-mentioned problems and providing instant solutions to various small businesses in India. It is engaging the workers with the best Payroll software and HRMS. It is helping in the distribution of salaries and also saving time and helping build businesses. It is also having the best HR Chatbot in the market. Read the Asanify success story below.
Asanify - Company Highlights
|Headquarters||Kolkata, West Bengal, India|
|Sector||Artificial Intelligence, E-Learning, FinTech, Human Resources, Machine Learning, SaaS and Software|
|Founded||December 13, 2019|
Asanify - About
Asanify is a Kolkata based company helping small businesses and startups to save costs and enhance revenues. It is having the best payroll software, HRMS and Sales Enablement Engine. The company is also having a good Chatbot. It engages the workers as well as drives greater sales.
Asanify - Startup Story
Small businesses in India and all around the world lose about 25% of their precious time in HR (Human Resource) and payroll operations. Activities such as emailing or creating pay slips consumes a lot of time and energy. So, to save time and energy Asanify was created to simplify human resource management, salary payments and payroll for small businesses. It provides an engaging platform for all employees. The platform allows the employees to download pay slip and apply for leaves directly on WhatsApp. The company got its introductory set of clients from Priyom's personal connections.
Asanify - Founder and Team
Priyom Sarkar is the founder and the CEO of the company. He is a seasoned consumer. He is also an enterprise technology professional with experience in China, US and Indian markets. He has also got a strong track record of creating and growing digital businesses. He is a graduate from Jadavpur University and he pursued his MBA from the Indian School of Business.
Asanify - Business Model
Startup founders are the main targets of the company Asanify. The company tries to find founders who are trying to grow their businesses and are not willing to waste time and energy in non-core operations. The work is to automate processes. Starting from hiring to their exit. The company distributes salaries to the employees in their respective bank accounts.
Asanify - Revenue Model
The company has got a monthly subscription scheme for its clients. Asanify does not require long term contracts. Users can cancel plans anytime. The packages start from Rs 99 per employee, per month. The pandemic has helped Asanify a lot in growing its business. It grew by more than 50% during the year 2020.
Asanify - Funding and Investors
Asanify has raised a total amount of Rs 3.5 million in funding over the 1 funding round.
|Date||Transaction Name||Money Raised||Lead Investor|
|August 14, 2020||Pre Seed Round||Rs 3.5 million||-|
Asanify is funded by 2 investors. Gaurav Prasad is the most recent investor.
Asanify - Competitors
The top competitors of the company are BambooHR, Rippling, Paychex Flex and Zenefits.
- BambooHr is the top competitor of Asanify. It is for small businesses. It offers onboarding tools, integrated payroll, e-signatures and performance management with easy reporting directly through a mobile app for the employees of the company.
- Rippling is also one of the competitors of Asanify. It is a very modern system that can onboard new hires in 90 seconds. It can also manage the company's payroll easily.
- Paychex Flex is an online human resource management system. It helps companies to hire, manage, recruit and pay. It is all in one. It allows the founders to pay more attention to the growth of the company.
- Zenefits is also an HR platform that helps small companies to empower their workforces.
Asanify - Future Plans
From 2020, remote working has begun and might continue further. Remote working has increased the work hours and productivity of the employees. With the help of technology, employees are now expected to produce more and more result-based performance compared to the earlier days. Training will become more personalized with the help of remote devices. This is the biggest probability that is being seen shortly.