Keka receives $57 million in funding from WestBridge Capital
India Infoline News Service |
10 Nov, 2022 |
HR and IT firm Keka has secured $ 57 million in funding from WestBridge Capital.
Keka, a bootstrapped startup based in Hyderabad, was founded in 2016 to develop a solution to meet the practical needs of the industry. By the end of 2021, the business anticipates having more than 5,500 customers.
Keka, which in Telugu means "amazing," streamlines and automates a variety of processes, including payroll, hiring, leave and attendance, and performance management.
The business asserted that it reached $750,000 in annual recurring revenue (ARR) in 2017 and saw a seven-fold increase in sales in 2020.