Delhi Based Multiplier raises $13.3 million in Series A Funding
- ByStartupStory | November 2, 2021
The hiring company, Multiplier Brand Solutions Private Limited announced that it has raised $13.3 million in series A funding led by Sequoia Capital. The series A funding comes just 4 months after the company extracted $4 million for its seed capital led by Surge.
The series A funding also saw participation from renowned industry experts like Deepinder Goyal, co-founder of Zomato and Amrish Rau, CEO of Pine Labs.
The company intends to utilize the funds raised to boost its full-stack platform as well as for global expansion. A portion of the funds would also be utilized for the company to increase its payroll and benefits solution for the business.
Founded in 2020 by Amritpal Singh, Sagar Khatri and Vamsi Krishna, Multiplier is a Delhi based PEO platform that provides solutions to companies by providing them means to hire talent from anywhere in the world. It also delivers automated HR workflow, compliance, payroll and payments solutions and offers legal employment infrastructure in more than 100 countries.
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