KARACHI: HR startup Paismo has raised a seed round of $1.3 million, which takes its total funding to date to $1.5m, the company said on Monday. Speaking to Dawn, Paismo co-founder and CEO Rebecka Zavaleta said the start-up helps businesses address HR challenges like managing employees, keeping track of their attendance and performance, providing them with benefits and processing their payroll. Paismo is solving these challenges by building a customisable HR tech product with local benefit integrations,” she said. The start-up is backed by top global venture capital and regional investors, led by Indus Valley Capital, with participation from Antler and Jedar Capital, a company statement said. In Pakistan, Paismo focuses on increasing employee bank account openings and easier access to health benefits.

Source: The North Africa Journal August 22, 2023 04:32 UTC