Company:Keka HR

From HandWiki
Keka HR
IndustrySoftware
Founded21 July 2014
FoundersVijay Yalamanchili (CEO)
Headquarters
Hyderabad, Telangana, India
WebsiteOfficial 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. ↑ 1.0 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. ↑ "Keka HR raises $1.6 million through trading subscriptions on Recur Club - ETHRWorld" (in en). https://hr.economictimes.indiatimes.com/news/industry/keka-hr-raises-1-6-million-through-trading-subscriptions-on-recur-club/88209267. 
  3. ↑ "Keka plans international expansion" (in en). 2021-06-21. https://telanganatoday.com/keka-plans-international-expansion. 
  4. ↑ "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. 
  5. ↑ 5.0 5.1 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/. 
  6. ↑ 6.0 6.1 6.2 Jose, Teena (2023-01-05). "Discipline Is the Key For a Strong Company, Says Keka HR's Vijay Yalamanchili" (in en). https://www.entrepreneur.com/en-in/entrepreneurs/discipline-is-the-key-for-a-strong-company-says-kekas/442268. 
  7. ↑ "Industry leaders discuss organisational transformation at Keka 'HR Katalyst'" (in en). 2024-01-26. https://www.siasat.com/industry-leaders-discuss-organisational-transformation-at-keka-hr-katalyst-2964520/. 
  8. ↑ "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. 
  9. ↑ "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. ↑ "Exclusive Interview with Barun Mallick, Marketing Head, Keka" (in en-US). 2022-08-12. 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. ↑ "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. 
  13. ↑ 13.0 13.1 "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. 
  14. ↑ "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. 
  15. ↑ "Keka plans international expansion" (in en-US). 2021-06-21. https://telanganatoday.com/keka-plans-international-expansion. 



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