Keka HR

Last updated
Keka HR
IndustrySoftware
Founded21 July 2014
FoundersVijay Yalamanchili (CEO)
Headquarters
Hyderabad, Telangana, India
Website Official website

Keka HR is a software company that provides cloud-based human resource management and payroll automation software. [1] [2] [3]

It was founded by Vijay Yalamanchili on July 21, 2014. [1] [4] The company is headquartered in Hyderabad, with operations in Singapore and the United States. [5] [6] [7]

History

Keka HR was established in 2014 in Hyderabad, Telangana, India. In 2015, the company entered the Indian HR market and received the HYSEA Startup Award. [6] [8]

By 2019, Keka HR had surpassed $1 million in annual recurring revenue (ARR). During the COVID-19 pandemic in 2020, the company reported a sevenfold increase in sales. [9] [10]

By 2021, Keka HR served 5,500 customers, recording an ARR of $6.5 million and managing payroll for 3.2 million employees. [5] The company also raised $1.6 million through Recur Club. [11]

In 2022, Keka HR secured $57 million in Series A funding from West Bridge Capital. [6] [12] [13]

Keka HR specializes in providing business services in the field of HR technology, payroll automation, recruiting, leave, attendance and performance management. [14] [15]

The company's headquarters is located in Gachibowli, Hyderabad, with offices in Singapore and Seattle, Washington. [13]

References

  1. 1 2 "Keka's conducted the 4th chapter of its HR conclave". unindia.com.
  2. ↑ "Keka HR raises $1.6 million through trading subscriptions on Recur Club - ETHRWorld". ETHRWorld.com. Retrieved 2024-09-30.
  3. ↑ "Keka plans international expansion". Telangana Today. 2021-06-21. Retrieved 2024-09-30.
  4. ↑ "How this Bootstrapped Company Drove to Become the Leader of the Industry - The Success Story of Keka HR". IndianWeb2.com. 2021-03-12. Retrieved 2024-09-30.
  5. 1 2 Raju, Narasimha (2023-04-21). "Rapidly growing HR tech startups to watch out for in 2023 and beyond - CXOToday.com". www.cxotoday.com. Retrieved 2024-09-30.
  6. 1 2 3 Jose, Teena (2023-01-05). "Discipline Is the Key For a Strong Company, Says Keka HR's Vijay Yalamanchili". Entrepreneur. Retrieved 2024-09-30.
  7. ↑ "Industry leaders discuss organisational transformation at Keka 'HR Katalyst'". The Siasat Daily. 2024-01-26. Retrieved 2024-09-30.
  8. ↑ "Infy gets HYSEA award for Artificial Intelligence robots". www.thehindubusinessline.com. 2015-03-12. Retrieved 2024-09-30.
  9. ↑ "Keka Secures India's Largest Series A SaaS Funding With Historic $57 million". The Economic Times. 2022-11-13. ISSN   0013-0389 . Retrieved 2024-09-30.
  10. ↑ "Exclusive Interview with Barun Mallick, Marketing Head, Keka". Analytics Insight. 2022-08-12. Retrieved 2024-09-30.
  11. ↑ Ghosh, Shrabona (2021-12-20). "Keka HR Raises $1.6 Million Through Trading Subscriptions On Recur Club". Entrepreneur. Retrieved 2024-09-30.
  12. ↑ "Keka Secures India's Largest Series A SaaS Funding With Historic $57 million". The Economic Times. 2022-11-13. ISSN   0013-0389 . Retrieved 2024-09-30.
  13. 1 2 "FUNDING RUNDOWN: Quona Capital closes $332M fintech fund; Keka raises $57M in Series A round; Supertails gets $10M from Fireside Ventures & Chiratae Ventures leads $1.7M seed round in Skye Air Mobility". cnbctv18.com. 2022-11-09. Retrieved 2024-09-30.
  14. ↑ "Keka to add up to 500 employees in 2021-22 as it focuses on expansion". Business Today. 2021-07-12. Retrieved 2024-09-30.
  15. ↑ "Keka plans international expansion". Telangana Today. 2021-06-21. Retrieved 2024-09-30.
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