Omni HR Acquires Singapore-Based MajuHR, Strengthening Its Position in Asia's HR Tech Market
Strong growth drives expansion
Singapore-based Omni HR provides cloud-based HR and payroll solutions across 15+ Asian markets, offering automated workflows alongside local compliance capabilities. The company's $7.4 million funding round in 2024 and rapid customer growth set the stage for its first acquisition.
MajuHR is a pioneer in omnichannel-native HR software in Southeast Asia, letting employees request time off or check their payslips through a simple WhatsApp message—the way many Asian teams already communicate. By integrating MajuHR's chat-native DNA with Omni HR's multi-country capabilities, the combined platform will deliver more intuitive HR experiences tailored to how modern Asian teams operate.
Market demands modern solutions
The deal reflects growing demand in Asia's $6.4 billion HR software market for platforms that actually understand how business gets done in the region, combining sophisticated automation with regional compliance expertise—capabilities that many local providers have been slow to develop.
"At Omni HR, our focus has always been on bringing automation and flexible workflows to modern teams operating across borders in Asia. The acquisition of MajuHR allows us to deepen our product capabilities and broaden our client portfolio," said Brian Ip, Founder & CEO of Omni HR.
"Omni's track record in multi-country employee management across Asia is second to none. We're thrilled to bring our chat-native DNA under the Omni banner and collectively unlock a more seamless, data-rich experience for HR and Finance leaders across the region," said Roshan Ravishankar, Co-founder of MajuHR.
MajuHR's customer base will transition to Omni HR's platform, adding to the company's growing portfolio of modern, tech-forward businesses across the region.
The acquisition positions Omni HR as a key player among emerging Asian HR technology companies that are developing platforms competitive with global software providers while maintaining deep local market knowledge.
Looking ahead, Omni HR plans to continue investing in deeper localisation. The company is also exploring additional partnerships and product extensions to better serve growing mid-market and enterprise clients across Asia. With the acquisition of MajuHR, Omni lays the groundwork for future expansion via both product development and strategic M&A.
About Omni HR: Founded in 2021, Omni HR provides cloud-based HR and payroll software for companies scaling across Asia. The Singapore-based company offers automated workflows, multi-country payroll processing, performance management, and employee onboarding across all major Asian markets. Backed by leading investors including Picus Capital and Alpha JWC Ventures, Omni HR has raised $9.8 million in funding to-date. For more information, visit www.omnihr.co.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Korea Herald
20 hours ago
- Korea Herald
US officials considered demanding Korea raise defense spending to 3.8% of GDP in tariff talks: report
Officials of US President Donald Trump's administration considered demanding that South Korea raise its defense spending to 3.8 percent of its gross domestic product during tariff negotiations, a news report said Saturday, citing internal US government documents. US officials also weighed the idea of requiring South Korea to publicly support operational flexibility of the US Forces Korea to better deter China, The Washington Post reported, though it is not clear whether their suggestions were actually discussed in the negotiations with South Korea that were concluded last month. The documents indicated that the Trump's administration might intend to use tariffs to help achieve a range of national security goals beyond its stated objective to reduce America's trade deficits and boost domestic manufacturing, the newspaper noted. "The US also wanted Seoul to boost defense spending to 3.8 percent of GDP, up from 2.6 percent last year, and to increase its $1 billion-plus contribution to cover the annual costs of basing the roughly 28,500 US troops in South Korea," the newspaper said. It also cited an early draft of a "US-Korea agreement," which suggested, "The South Korean government should be urged to endorse a change in the positioning of US troops stationed there under the United States Forces Korea command." Moreover, the document included a requirement that "Korea will issue a political statement supporting flexibility for USFK force posture to better deter China while continuing to deter (North Korea)." Pressure has been building on Korea to boost its defense spending, as the Pentagon has said that Korea and other Asian allies are subject to the "global standard" of spending 5 percent of their GDP, amid expectations that Trump might demand a hefty rise in Seoul's share of the cost for stationing USFK. South Korea's defense budget this year stands at around 61.2 trillion won ($44.2 billion), which is about 2.32 percent of its GDP, according to Seoul's defense ministry. Speculation has also persisted that the Trump administration might seek greater strategic flexibility of American troops in South Korea, as the Pentagon seeks allies' greater "burden-sharing" and prioritizes deterring an increasingly assertive China. Strategic flexibility is a hotly debated issue that resurfaced as Seoul and Washington are envisioning the "modernization" of their alliance. It refers to the use of US troops in South Korea for a wider range of expeditionary operations, including roles for China-related contingencies -- a move further away from their traditional dedication to deterring North Korean threats. The issues of Korea's defense spending and the operational scope of USFK could be topics for the summit between South Korean President Lee Jae Myung and Trump, which is expected to take place later this month, as Seoul and Washington are working on shaping the summit agenda and other details. (Yonhap)
Korea Herald
3 days ago
- Korea Herald
3 companies added to MSCI Korea Index; constituent number unchanged at 81
Morgan Stanley Capital International Inc. has added three new companies, including defense firm LIG Nex1 Co., to its Korea Index, a key gauge of South Korea's stock market, the global index provider announced Friday. The US-based provider of investment research and indices added construction and robotics firm Doosan Co., LIG Nex1 and electric motor maker Hyosung Heavy Industries Corp. while removing the same number of companies from the list, which remains unchanged at 81, according to the company. Those removed are leading food company CJ Cheiljedang Corp., electric components maker LG Innotek Co. and SKC Ltd., a chemical products maker. The rebalancing will take effect Aug. 26. MSCI reviews the Korea Index every three months to reflect changes in the market capitalization of underlying securities. The index is seen as a benchmark of the South Korean market, and changes to its constituents can affect the movements of passive funds tracking the index. Market watchers had expected additions to outnumber exclusions in the August review, considering that the country's stock market has been showing a strong performance compared with its global peers. In February, the MSCI excluded 11 companies from the list while adding none amid weakness in the local stock market. The index provider added two new companies and took out two others in its May review. (Yonhap)
Korea Herald
3 days ago
- Korea Herald
LO TING-FAI APPOINTED AS PRESIDENT, WARNER MUSIC APAC
HONG KONG, Aug. 7, 2025 /PRNewswire/ -- Seasoned entertainment executive Lo Ting-Fai, known as Lofai, has been appointed as President, Warner Music APAC, at Warner Music Group (NASDAQ: WMG). Effective August 11, he will be based in Hong Kong, reporting to Robert Kyncl, CEO of WMG. All of the company's recorded music territory heads across the Asia-Pacific region will report to Lofai. Lofai joins WMG from telecoms giant PCCW, where he most recently served as CEO of its subsidiary MakerVille, a leading entertainment company which focuses on content creation, artist management, and live events, and COO of Viu, its regional OTT streaming platform. He has also written hit songs under the pseudonym "Yu Ri." Lo Ting-Fai says: "I'm excited to be taking up this incredible role. WMG has been rewriting the rules when it comes to how a music company works in our changing industry, and it has massive ambitions for growth in the APAC region. I look forward to collaborating with Robert and WMG's teams around the world as we help more Asian artists hit the global stage, strengthen our incredible catalog, and find fresh, innovative ways to build passionate, loyal fanbases." Robert Kyncl says: "Lofai will oversee many of our highest priority markets both today and in the future, with culturally diverse music scenes, filled with next generation talent and iconic copyrights. He brings his creative flair, business acumen, and connections throughout the digital economy to this super important role. Together, we're committed to finding and developing artists with massive creative and commercial impact, evolving our suite of services, and growing our market share across the region." Born and raised in Hong Kong, Lofai started his career in radio, before he pivoted to become a creative at some of the world's leading advertising agencies, such as Wieden+Kennedy and CTWCM. He went on to work for Apple as its Creative Director for Asia Pacific, before joining PCCW in 2010. He studied at the Chinese University of Hong Kong, the University of Oxford, and Harvard Business School. Access accompanying image here. About Warner Music Group Warner Music Group (WMG) brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. Operating in more than 70 countries through a network of affiliates and licensees, WMG's Recorded Music division includes renowned labels such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, EastWest, Elektra, Erato, First Night, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin', Warner Records, Warner Classics, and Warner Music Nashville. WMG's music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre, from the standards of the Great American Songbook to the biggest hits of the 21st century. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. Follow WMG on Instagram, X, TikTok, LinkedIn, and Facebook.
