What is GreytHR?
Founded in 2009 and headquartered in Bengaluru, India, GreytHR (Greytip Software) is a comprehensive human resources management system provider. The platform automates a wide array of HR functions, including payroll processing, employee data management, leave and attendance tracking, expense claim management, and document management. Its focus on automating core HR operations positions it as a key player for businesses seeking to streamline their administrative processes and enhance employee experience.
How much funding has GreytHR raised?
GreytHR has raised a total of $9.9M across 2 funding rounds:
Series B
$5.2M
Series C
$4.7M
Series B (2016): $5.2M with participation from Blume Ventures and New Enterprise Associates
Series C (2019): $4.7M led by MegaDelta Capital and Info Edge (India)
Key Investors in GreytHR
Blume Ventures
Blume Ventures is an India-focused early-stage investment firm that backs founders from seed through scale-up, partnering with teams building enduring technology-led businesses.
New Enterprise Associates
New Enterprise Associates (NEA) is a venture capital firm established in 1977, focused on helping entrepreneurs build businesses.
Info Edge (India)
Info Edge (India) is a prominent Indian company operating in the digital space, known for its investments in internet-based businesses.
What's next for GreytHR?
The recent major strategic investment suggests GreytHR is poised for accelerated expansion, likely focusing on enhancing its product suite, broadening its market reach, and potentially exploring new technological integrations. This capital infusion will be critical for scaling operations, deepening its competitive advantage in the HR tech landscape, and further solidifying its position as a leader in enterprise-level HR solutions.
See full GreytHR company page
