What is GreytHR?
Founded in 2009 and headquartered in Bengaluru, India, Greytip Software operates the GreytHR platform, which serves as a comprehensive engine for human capital management. The company specializes in automating complex administrative workflows, including payroll processing, employee data management, leave and attendance tracking, expense claims, and document management. By digitizing these essential functions, GreytHR enables organizations to reduce operational friction and maintain compliance in an increasingly complex regulatory environment. Its market position is defined by a focus on the Indian enterprise landscape, where it provides scalable, cloud-based solutions that cater to the evolving needs of HR departments seeking to transition from manual processes to automated, data-driven systems.
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, providing hands-on support for technology-led businesses.
New Enterprise Associates
Established in 1977, New Enterprise Associates is a global venture capital firm focused on helping entrepreneurs build transformative businesses across various sectors.
Info Edge (India)
Info Edge is a prominent Indian internet company that invests in and operates a portfolio of leading online businesses across classifieds and technology services.
What's next for GreytHR?
With the infusion of capital from its latest funding round, GreytHR is well-positioned to accelerate its product development roadmap and expand its footprint within the competitive SaaS ecosystem. The strategic focus will likely center on deepening its integration capabilities and enhancing the user experience through advanced analytics and AI-driven insights. As the company moves beyond its current lifecycle stage, the emphasis will shift toward capturing a larger share of the mid-market and enterprise segments, leveraging its established reputation for reliability and operational efficiency to drive long-term growth and sustainable value for its stakeholders.
See full GreytHR company page
