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Keka

From EverybodyWiki Bios & Wiki

Keka
ISIN🆔
IndustrySoftware
Founded 📆21 July 2014
Founders 👔Vijay Yalamanchili (CEO)
Headquarters 🏙️,
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
Members
Number of employees
🌐 Websitewww.keka.com
📇 Address
📞 telephone

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[edit]

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[edit]

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[edit]

  1. 1.0 1.1 "Keka's conducted the 4th chapter of its HR conclave". unindia.com.
  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. 2022-11-09. 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. 2021-03-12. Retrieved 2023-07-05.
  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". www.cxotoday.com. Retrieved 2023-07-05.
  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". Entrepreneur. Retrieved 2023-07-05.
  6. "Infy gets HYSEA award for Artificial Intelligence robots". www.thehindubusinessline.com. 2015-03-12. Retrieved 2023-07-05.
  7. "Keka Secures India's Largest Series A SaaS Funding With Historic $57 million". The Economic Times. 2022-11-13. ISSN 0013-0389. Retrieved 2023-08-30.
  8. Raju, Narasimha (2023-04-21). "Rapidly growing HR tech startups to watch out for in 2023 and beyond - CXOToday.com". www.cxotoday.com. Retrieved 2023-08-30.
  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. Retrieved 2023-07-05.
  10. Trends, Market (2022-08-12). "Exclusive Interview with Barun Mallick, Marketing Head, Keka". Analytics Insight. Retrieved 2023-07-05.
  11. Ghosh, Shrabona (2021-12-20). "Keka HR Raises $1.6 Million Through Trading Subscriptions On Recur Club". Entrepreneur. Retrieved 2023-07-05.
  12. Sujata (2023-05-24). "Keka, SME HR tech leader, organizes badminton event SHUTTLERS to mark HR Day". Business News This Week. Retrieved 2023-08-30.
  13. "Keka to add up to 500 employees in 2021–22 as it focuses on expansion". Business Today. 2021-07-12. Retrieved 2023-07-05.
  14. Today, Telangana; Venugopal, Sruti (2021-06-21). "Keka plans international expansion". Telangana Today. Retrieved 2023-07-05.
  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". cnbctv18.com. 2022-11-09. Retrieved 2023-08-30.


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