‘Keka’ means ‘awesome’ in Telugu, something the company seeks to symbolize when it comes to the empowerment of the HR function and employee experience. We are very excited about Keka’s potential and look forward to a long partnership with the company” We are aligned with their vision to build the best mid-market focused global HR Tech Platform that will allow companies around the world to modernize their HR processes. Keka is disrupting the industry through its world-class product and highly reliable customer support. This is not just about securing funding it is also a validation of our ideas and approach in a world where many funded businesses are struggling to survive,” he added.Įxpressing his confidence in the company, Rishit Desai, Principal at WestBridge Capital, said, “In a short period of time, Keka has emerged as India’s most trusted and innovative HR Tech platform. I am happy that we found the right investing partner in WestBridge Capital. We wanted to partner with someone with a long-term vision for the HR tech space. Finding the right investment partner was also significant for us. Although we got several offers for funding in the past, we never felt the timing was right. We have been the fastest-growing HR tech leader in our space. “I believe we raised funding at the right time. Despite being bootstrapped all this while, we managed to thrive in the market, thanks to our employees and customers,” said Vijay Yalamanchili, CEO of Keka. We want to help organizations focus better on their core asset – the employees. Businesses can no longer afford to do that. While there have been plenty of tools to cover the customer experience, employee experience has taken a back seat. “Business today means serving both customers and employees. By 2021, it had crossed the 5500-customer landmark. By the end of 2021, Keka was embraced by more than 5500 companies.įor an organization that reached its 100-customer milestone in 2017, Keka grew exponentially in just a couple of years, crossing the $750K ARR in 2017 and achieving a 7X sales growth in 2020. Pitted against well-funded Goliaths, it not only emerged victorious but also established itself as a leader in the SME segment.Ĭhampioning the cause of HR practitioners at all levels, Keka has built a highly innovative product that was continually shaped and optimized to suit the practical requirements of the industry, all without securing any funding and staying bootstrapped. Launched in 2016, Keka entered the HR tech space as a bootstrapped company. Keka, an HR tech leader based out of Hyderabad, has secured India’s largest Series A SaaS funding with a whopping $57 million from WestBridge Capital.
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