Created by
Last edited July 12, 2023
Talk
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.
Keka
IndustrySoftware
Founded21 July 2014
Founder(s)sVijay Yalamanchili (CEO)
Headquarters
Websitehttps://www.keka.com/

Keka is a software company specializing in cloud based HR management software and payroll automation.[1]

Keka's has also 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]

By 2019 Keka surpassed $1 million in Annual Recurring Revenue (ARR). During the COVID-19 pandemic in 2020, the company increased its sales sevenfold.[7][8]

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.[9]

In 2022 Keka secured India's largest Series A funding of $57 million from West Bridge Capital.[5][7][2]

Keka specializes in providing business services in the field of HR technology, payroll automation, recruiting, leave, attendance and performance management.[10][11]

References

  1. ↑ 1.0 1.1 "Keka's conducted the 4th chapter of its HR conclave". unindia.com.{{cite web}}: CS1 maint: url-status (link)
  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". cnbctv18.com. Retrieved 2023-07-05.
  3. ↑ "How this Bootstrapped Company Drove to Become the Leader of the Industry – The Success Story of Keka HR". Business, Technology, Startups and Science News and Trends in India | IndianWeb2.com. Retrieved 2023-07-05.
  4. ↑ 4.0 4.1 Raju, Narasimha. "Rapidly growing HR tech startups to watch out for in 2023 and beyond - CXOToday.com". www.cxotoday.com. Retrieved 2023-07-05.
  5. ↑ 5.0 5.1 5.2 Jose, Teena. "Discipline Is the Key For a Strong Company, Says Keka's Vijay Yalamanchili". Entrepreneur. Retrieved 2023-07-05.
  6. ↑ "Infy gets HYSEA award for Artificial Intelligence robots". www.thehindubusinessline.com. Retrieved 2023-07-05.
  7. ↑ 7.0 7.1 "Keka Secures India's Largest Series A SaaS Funding With Historic $57 million". The Economic Times. ISSN 0013-0389. Retrieved 2023-07-05.
  8. ↑ Trends, Market. "Exclusive Interview with Barun Mallick, Marketing Head, Keka". Analytics Insight. Retrieved 2023-07-05.
  9. ↑ Ghosh, Shrabona. "Keka HR Raises $1.6 Million Through Trading Subscriptions On Recur Club". Entrepreneur. Retrieved 2023-07-05.
  10. ↑ "Keka to add up to 500 employees in 2021–22 as it focuses on expansion". Business Today. Retrieved 2023-07-05.
  11. ↑ Today, Telangana; Venugopal, Sruti. "Keka plans international expansion". Telangana Today. Retrieved 2023-07-05.