> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Indian HR tech startup Keka raises $57 million to accelerate its growth
- URL: https://www.techloy.com/hr-tech-startup-keka-raises-57-mn-from-westbridge-capital/
- Published: 2022-11-11T15:05:16.000Z
- Updated: 2022-11-11T15:05:16.000Z
- Author: Acquah Nana Yeboah
- Tags: Recruitment Tech, Tech in India

Indian-based HR tech startup, [Keka](https://www.keka.com/) has raised $57 million in a series A funding from WestBridge Capital to grow its team and accelerate its growth.

- Founded in 2015 by Vijay Yalamanchili, Keka provides HR-related solutions that aim to streamline and automate payroll, recruiting, leave and attendance, performance management, and more.
- Last year, Keka claimed it had more than 5,500 customers on its platform, with some of its prominent clients being upGrad, RazorPay, Dream11, and Hitachi, among others. In a press release, the startup says it currently facilitates the payroll of more than 1.5 million employees every month.
- This financing is coming on the back of a $1.6 million growth capital it raised from Recur Club months ago. Following the latest round, the startup plans to invest in research and development and expand engineering, product, and customer teams.
- Keka is looking to tap into India’s booming HR tech market, which was valued at $23.32 billion in 2021\. The market is poised to hit $38.36 billion by 2030, according to this [report.](https://hr.economictimes.indiatimes.com/news/hrtech/hr-technology-market-expected-to-grow-from-23-32-billion-in-2021-to-38-36-billion-in-2030/92400982)
- Unsurprisingly, there is a rising interest in investors as well. According to an estimate, HR-tech startups have [secured](https://allthingstalent.org/funding-deals-fuelling-hr-techs-rise-in-india-whats-in-store-for-the-sector/2022/08/18/) over $600 million in investments since 2020.