Keka is a leading HR tech firm from Hyderabad. Lately, Keka has achieved India’s largest Series A SaaS funding from WestBridge Capital. The funding was worth $57 million.
Started in 2015 as a bootstrapped company, Keka went on to become the leader in the SME segment. Keka came under the limelight by launching an innovative product that meets the practical requirements of the HR industry. It reached the 100-customer milestone in 2017. The sales grew exponentially in the coming years. By 2021, Keka crossed the customer mark of 5,500 companies.
Vijay Yalamanchili, CEO of Keka, has said that they found the right investing partner in WestBridge Capital. WestBridge Capital wants to support Keka’s vision to build the best mid-market-focused global HR processes.
Keka caters to SMEs with 20-5,000 employees. Its mission is to ensure a good employee experience through simple software solutions. In the initial days, the company had only five staff. Now, it has more than 550 employees.
Its software helps HR teams spend less time on boring tasks like managing payroll, recruiting, marking leave and attendance and performance management. HR staff can use the saved time to focus on empowering employees. Keka has more than 6,500 customers across different sectors such as IT services, pharmaceuticals, manufacturing, accounting, taxation, fin-tech, and others. Every month, it handles a payroll of over 1.5 Mn employees.
