![]() ![]() In 2018, the company revamped the product based on the learnings from the initial success.ĭespite being bootstrapped all this while, we managed to thrive in the market, thanks to our employees and customers,” said Vijay Yalamanchili, CEO of Keka. Keka entered the market in 2016, and it claims that within a year, it acquired 100 customers. Rishit Desai, principal, WestBridge Capital, says in the official communique, “In a short period of time, Keka has emerged as India’s most trusted and innovative HR Tech platform. Its revenue increased by 110 year-on-year in 2021, and the company’s employee count doubled from 220 to 450. Since its inception four years ago, Keka has experienced unprecedented growth. The company's software offers centralized information, an employee portal, custom fields, employee documentation, performance management, goal management, administration, and other related services, enabling the human resources team to seamlessly handles leave. Keka, India's leading employee-centric HR platform, announced fiscal and market share growth for 2021, as well as plans to expand its footprint in 2022. ![]() “R&D will be a primary area of our focus as we expand our engineering, product, and customer success teams,” he adds. Developer of human resource payroll management software designed to automate HR tasks. Keka is said to have declined several investment offers in the past. Yalamanchili believes the Company has secured funding at the most apt time. Keka HR raises 1.6 million through revenue-based financing from Recur Club KekaHR raised 1.6 million from Recur Club, a platform where companies generating recurring revenue can access. It claims to be generating the payrolls of more than 1.5 million employees of its 5,500 odd clients, every month.Īn enthused Yalamanchili says in an official blog, “This is not just about securing funding it is also a validation of our ideas and approach in a world where many funded businesses are struggling to survive.” The Company which has been bootstrapping till now was launched by Vijay Yalamanchili in 2016. The vendor states that Kekas architecture has reshaped employee experience and adaptability in India, and further state that with all HR functionality under 1 umbrella, Keka has made a huge dent in the HRMS ecosystem. Hyderabad-based HR tech company, Keka has received a series A funding of $57 million (approximately Rs 463 crore) from WestBridge Capital. Keka HR is an HR & Payroll Management System. ![]()
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