Company:Keka

From HandWiki
Short description: Software company
Keka
IndustrySoftware
Founded21 July 2014
FoundersVijay Yalamanchili (CEO)
Headquarters
Hyderabad, Telangana, India
Area served
India
United States
United Kingdom
Middle East
Southeast Asia
North Africa
ServicesHuman Resource Software as a Service
Payroll Automation
Applicant Tracking System
Time and attendance
Professional services automation
Timesheet Software as a Service
Websitewww.keka.com

Keka (commonly known as Keka HR) is a software company specializing in cloud based HR management software and payroll automation.[1]

Keka also has offices in Singapore, and Seattle, Washington.[2]

It was founded by Vijay Yalamanchili, current CEO, on July 21, 2014.[1][3] The company is headquartered in Hyderabad, with subsidiaries in Singapore and the US.[4][5]

History

Keka was established in 2014 in Hyderabad, Telangana, India. In 2015, the company entered the Indian HR market and the same year, won the HYSEA Hottest Startups Award.[5][6] In 2017, the company reached 100 customers.[7][8]

By 2019 Keka surpassed $1 million in Annual Recurring Revenue (ARR). During the COVID-19 pandemic in 2020, the company increased its sales sevenfold.[9][10]

By 2021 Keka served 5,500 customers, recording an ARR of $6.5 million and managing payroll for 3.2 million employees.[4] The company also raised $1.6 million through Recur Club.[11]

In 2022 Keka secured India's largest Series A funding of $57 million from West Bridge Capital.[5][9][2]

On May 20, 2023, the company organized the badminton event "SHUTTLERS" to commemorate International HR Day.[12]

Operations and Locations

Keka operates in the software industry, specializing in providing business services, particularly in the field of HR technology, payroll automation, recruiting, leave, attendance and performance management.[13][14]

Keka's headquarters is located in Madhapur, Hyderabad, Telangana, India, with offices located in Singapore and Seattle, Washington. Keka currently serves clients in 150 countries.[15]

References

  1. ↑ 1.0 1.1 "Keka's conducted the 4th chapter of its HR conclave". http://www.uniindia.com/keka-s-conducted-the-4th-chapter-of-its-hr-conclave/business-economy/news/2924633.html. 
  2. ↑ 2.0 2.1 "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" (in en). 2022-11-09. https://www.cnbctv18.com/startup/funding-rundown-quona-capital-closes-332m-fintech-fund-keka-raises-57m-in-series-a-round-supertails-gets-10m-from-fireside-ventures--chiratae-ventures-leads-17m-seed-round-in-skye-air-mobility-15129331.htm. 
  3. ↑ "How this Bootstrapped Company Drove to Become the Leader of the Industry – The Success Story of Keka HR". 2021-03-12. https://www.indianweb2.com/2021/03/how-this-bootstrapped-company-drove-to.html. 
  4. ↑ 4.0 4.1 Raju, Narasimha (2023-04-21). "Rapidly growing HR tech startups to watch out for in 2023 and beyond - CXOToday.com" (in en-US). https://www.cxotoday.com/specials/rapidly-growing-hr-tech-startups-to-watch-out-for-in-2023-and-beyond/. 
  5. ↑ 5.0 5.1 5.2 Jose, Teena (2023-01-05). "Discipline Is the Key For a Strong Company, Says Keka's Vijay Yalamanchili" (in en). https://www.entrepreneur.com/en-in/entrepreneurs/discipline-is-the-key-for-a-strong-company-says-kekas/442268. 
  6. ↑ "Infy gets HYSEA award for Artificial Intelligence robots" (in en). 2015-03-12. https://www.thehindubusinessline.com/info-tech/infy-gets-hysea-award-for-artificial-intelligence-robots/article6986984.ece. 
  7. ↑ "Keka Secures India's Largest Series A SaaS Funding With Historic $57 million". The Economic Times. 2022-11-13. ISSN 0013-0389. https://economictimes.indiatimes.com/tech/technology/keka-secures-indias-largest-series-a-saas-funding-with-historic-57-million/articleshow/95490361.cms?from=mdr. 
  8. ↑ Raju, Narasimha (2023-04-21). "Rapidly growing HR tech startups to watch out for in 2023 and beyond - CXOToday.com" (in en-US). https://www.cxotoday.com/specials/rapidly-growing-hr-tech-startups-to-watch-out-for-in-2023-and-beyond/. 
  9. ↑ 9.0 9.1 "Keka Secures India's Largest Series A SaaS Funding With Historic $57 million". The Economic Times. 2022-11-13. ISSN 0013-0389. https://economictimes.indiatimes.com/tech/technology/keka-secures-indias-largest-series-a-saas-funding-with-historic-57-million/articleshow/95490361.cms?from=mdr. 
  10. ↑ Trends, Market (2022-08-12). "Exclusive Interview with Barun Mallick, Marketing Head, Keka" (in en-US). https://www.analyticsinsight.net/exclusive-interview-with-barun-mallick-marketing-head-keka/. 
  11. ↑ Ghosh, Shrabona (2021-12-20). "Keka HR Raises $1.6 Million Through Trading Subscriptions On Recur Club" (in en). https://www.entrepreneur.com/en-in/finance/keka-hr-raises-16-million-through-trading-subscriptions/403663. 
  12. ↑ Sujata (2023-05-24). "Keka, SME HR tech leader, organizes badminton event SHUTTLERS to mark HR Day" (in en-US). http://businessnewsthisweek.com/business/keka-sme-hr-tech-leader-organizes-badminton-event-shuttlers-to-mark-hr-day/. 
  13. ↑ "Keka to add up to 500 employees in 2021–22 as it focuses on expansion" (in en). 2021-07-12. https://www.businesstoday.in/jobs/story/keka-to-add-up-to-500-employees-in-2021-22-as-it-focuses-on-expansion-301148-2021-07-12. 
  14. ↑ Today, Telangana; Venugopal, Sruti (2021-06-21). "Keka plans international expansion" (in en-US). https://telanganatoday.com/keka-plans-international-expansion. 
  15. ↑ "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" (in en). 2022-11-09. https://www.cnbctv18.com/startup/funding-rundown-quona-capital-closes-332m-fintech-fund-keka-raises-57m-in-series-a-round-supertails-gets-10m-from-fireside-ventures--chiratae-ventures-leads-17m-seed-round-in-skye-air-mobility-15129331.htm. 




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