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Milestone · Enterprise Software & IT

Keka builds AI into HR platform

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Date
Company
Keka
What it does
Unified HR and workforce platform
Kind
Milestone
Founded
2016
Sector
Enterprise Software & IT

What they do

Keka offers a unified platform for payroll, attendance, hiring, performance, and workforce analytics

What happened

Keka revenue reached ₹130 Cr+ Keka serves over 10,000 organisations globally and targets deeper presence in India, Middle East, and US

The details

  • Keka was launched in 2016 as a unified HR platform tracking the employee lifecycle from hiring to retirement.
  • Founder Vijay Yalamanchili observed the HR tech market was fragmented with separate payroll and attendance tools in 2014.
  • Keka now offers a unified platform for payroll, attendance, hiring, performance management, employee engagement, and workforce analytics.
  • The platform also manages onboarding, OKRs, geofencing, timesheets, resource allocation, and profitability tracking.
  • Keka is embedding AI across hiring, performance management, and workforce planning workflows.
  • AI features include automated job descriptions, candidate screening, interview questions in Keka Hire, and AI-assisted goal setting with role-based OKR recommendations.
  • Keka also uses AI for candidate communication and workforce insights.

The bigger picture

  • The Covid-19 pandemic was a major inflection point that accelerated enterprise adoption of Keka.
  • More than 50% of Indian businesses still do not use a formal HR system, according to the founder.
  • Keka's early growth was driven by fast-growing mid-market businesses in tier II and emerging hubs.
  • Keka is positioned as a broader workforce operations platform beyond payroll and attendance.

About the business

  • Keka offers a unified platform for payroll, attendance, hiring, performance management, employee engagement, and workforce analytics.
  • The platform also manages onboarding, OKRs, geofencing, timesheets, resource allocation, and profitability tracking.
  • Keka serves more than 10,000 organisations globally.
  • Keka's revenue is ₹130 Cr+.
  • Keka's revenue in 2021 was ₹14.5 Cr.
  • Keka achieved 10X ARR growth since its 2021 institutional funding round.
  • Keka gained traction in healthcare and logistics by solving shift scheduling, overtime, and payroll accuracy.
  • Keka's core thesis is to integrate workforce workflows into a single platform instead of point solutions.
  • The founder described the product as the 'iPhone of HRMS' — simple, intuitive, secure, designed for daily use.

What happens next

  • Keka plans to deepen its presence across India, Middle East, and US.
  • Keka expects rising opportunities in healthcare, logistics, manufacturing, and professional services.
  • Keka is embedding AI across hiring, performance management, and workforce planning workflows.

Founders

  • Vijay Yalamanchili, Founder and CEO

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