Kingdee kicks funding over to Xinrenxinshi

Nov 23, 2018 • Jack Hammond

Kingdee supplied a reported $26.5m in funding for HR software provider Xinrenxinshi, taking its funding to $40m so far this year.

Cloud software provider Kingdee International Software invested an amount in China-based human resources management platform Xinrenxinshi on Wednesday reported by China Money Network to be $26.5m in series C funding.

Founded in 2015, Xinrenxinshi has developed a software platform that helps small and medium-sized enterprises (SMEs) execute processes such as payroll, employee management, recruitment, performance evaluation and social security.

Robert Xu, founder and chairman of Kingdee, said: “Xinrenxinshi is a dark horse in the HR cloud services market for SMEs.…

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