Recur Club partners with companies by unlocking fast, flexible, transparent, and non-dilutive capital at every stage of their journey and provides an ecosystem to amplify their growth. Hyderabad-based leading HRMS provider Keka has leveled up its growth strategy for generating higher revenue. Keka Technologies Pvt Ltd, a small and medium scale enterprise (SME) focussed human resource technology startup, on Thursday said it has raised 1. It connects companies directly with institutional investors to trade their subscriptions for upfront cash. Recur Club is Asia's first and only trading platform for companies with recurring revenue streams that gives access to growth capital at the click of a button. Its revenue increased by 110 year-on-year in 2021, and the company’s employee count. Since its inception four years ago, Keka has experienced unprecedented growth. With its head office in Hyderabad, the company aims to make its presence felt across the globe and cater to the SME industry in the US, southeast Asia and Middle Eastern nations, said the statement. Sharing is caring Keka, India’s leading employee-centric HR platform, announced fiscal and market share growth for 2021, as well as plans to expand its l0footprint in 2022. User, Role, and Access Management, Project Accounting / Revenue Recognition. Keka has openings in almost every department as it aims to grow the employee count to support the company in its next leg of growth. Find out which Core HR features Keka HR supports, including Mobile, Offline. Keka was founded in 2015 with the mission of solving complex HR challenges. We intend to hire 200-300 more employees in the next financial year and this funding will be utilized to make the hiring season successful," said Vijay Yalamanchili, CEO of Keka. The raised funding will be invested in hiring and expanding the company further across geographies. SaaS founders should focus on building awesome experiences and not run after investment rounds, which often cuts their ownership margin and control of the company. Several revenue-based financing companies including Velocity, Klub and N+1 Capital have sprung up in the past months that has provided alternative financing.
The company said it serves over 4,700 customers across over 26 states in India. "Non-dilutive funding will become the norm for bootstrapped SaaS companies in the world. Keka will invest the fresh capital primarily to boost marketing and sales activities, the statement said.
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