Non Equity Assistance in 2021
Keka was born out of frustration from using HR software that sucks. We were constantly disappointed with the antiquated clunky interfaces that were being slapped on HR and employee communities. We resorted to change the world for HR and if our customer feedback is any indicator, we seem to have done our job quite well. Our understanding of the problems in managing and nurturing talent, backed with our technical expertise makes us the killer team! Everyone asks us - ‘Are you funded?’ So we put this section here. We are self-funded. A little old-fashioned and classic Indian style, but then this is the new sexy we believe. We turned down funding and buyout offers, so we can laser focus and validate our core vision of HR in the Indian market without distractions. And it worked for us. Within less than a year of the product launch in May 2016, Keka acquired 400 customers and we are almost close to break-even on cash flows. That said, we’d love to talk to investors who believe in creating value before reaping bigger rewards. The HR Tech space in India is waiting for leaders to emerge and it takes more than just loads of dollars - An undying passion and love for solving the real pain points.
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