Company lists
The India edition · 2026

Hrtechcompanies in India

Job boards, HR software, AI hiring, learning, benefits and more: the companies building hrtech in India, with their founders, funding, team size and business models.

4,595 company profiles1,035 with reported revenue329 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent hrtech business events in India

Funding, M&A, contract wins and launches involving 6,682 hrtech companies in India, last 24 months: 58 Contracts · 55 M&A deals · 30 funding rounds · 24 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Ran Ventures acquires Zaggle

RAN Ventures purchased 1 Lakh equity shares of Zaggle from the open market on May 18, taking its stake in the company to 44.23% from 44.15%.

Fintech SaaS
M&AAcquisition · Completed

Tps acquires Optum

TPS has purchased Eden Prairie, Minnesota-based Optum, which supplies more than half of England's primary care IT systems.

Primary care IT systems
M&AAcquisition · Announced

Zaggle Prepaid Ocean Services acquires Dice

Zaggle Prepaid Ocean Services Ltd, a spend management solutions company, has said that its board has approved the transaction structure for the strategic acquisition of DICE. Zaggle has…

AI Spend Management Platform
M&AAcquisition · Announced

Upgrad acquires Internshala

UpGrad has also acquired Internshala in an all-stock deal valuing the internship and job-search platform at ₹80 crore.

Internship and Job-Search Platform
M&AAcquisition · Completed

Integra acquires Telefónica's Peruvian unit

Last year, Telefónica sold its Peruvian unit for less than $1m to Integra TecInternational Inc (Integra Tec).

ContractService

Zaggle Prepaid Ocean Services · client: Generali Central Insurance Company

Generali Central Insurance Company will now have access to the Zaggle Zoyer platform, thanks to an arrangement announced by Zaggle Prepaid Ocean Services.

Spend management
FundingPre-Series

Tartan

Fintech startup Tartan raised $4.5 milion in Pre-Series from 500 Global, InfoEdge Ventures, Naval Ravikant-backed AngelList Quant Fund, WorldQuant Ventures, Varanium GenNext Fund,…

Investors 500 global, InfoEdge Ventures, Naval Ravikant-backed AngelList Quant Fund, WorldQuant Ventures
Fintech
LaunchRocket 1.0

Rocket

Indian startup Rocket has unveiled its AI platform designed to deliver McKinsey-grade consulting reports and product strategies at a fraction of the cost of traditional firms.

AI consulting platform
Funding

Grapevine

Grapevine raised $4.1 million in a funding round led by Kae Capital and Peak XV Partners, with participation from Ronnie Screwvala’s family office.

Investors Kae capital, Peak xv partners, Ronnie Screwvala’s family office
Professional Networking
LaunchWorld’s First Agent Studio

Razorpay

Razorpay announced the launch of the “World’s First Agent Studio”, built using the Claude Agent SDK from Anthropic, at Razorpay’s flagship event, FTX’2026, in India on 12 March 2026.

B2B agent marketplace and builder platform
ContractTechnology

Ramco Systems · client: Tata advanced systems

Tata Advanced Systems Ltd (TASL) has chosen Ramco Systems‘ aviation software to digitally manage its upcoming maintenance, repair, and overhaul (MRO) facility for the Indian Air Force’s…

Defense
ContractTechnology

Ramco Systems · client: Sahar group

Ramco Systems Corporation, USA (RSC), a subsidiary of Ramco Systems Limited, has announced that Sahar Group, an aerospace services provider specialising in the UH-60 Black Hawk platform,…

Aerospace
M&AAcquisition · Completed

Upgrad acquires Internshala

upGrad, an integrated skilling and workforce development company, has acquired the early‑talent marketplace Internshala for an undisclosed amount through a transaction in which 90% of…

Internship and Training Platform
M&AAcquisition · Announced

Harbinger acquires Phantom ai

Electric trucking startup Harbinger has acquired autonomous driving software company Phantom AI, in an effort to vertically integrate more technology and create new revenue streams for…

Autonomous Driving Software
FundingStrategic investment

Simform

Simform announces a $3 million strategic investment to expand its Microsoft Cloud & AI practice

Investors Microsoft
FundingSeed

Atypical advantage

Atypical Advantage Enterprise Applications > HRTech Jharkhand $290K Seed Next Bharat Ventures

Investors Next Bharat Ventures
HRTech
M&AAcquisition · Announced

Ongrid acquires Reczee

OnGrid, a leading digital trust and background verification platform, has acquired Reczee, an AI-native and agentic hiring platform designed to modernize recruitment for fast-growing teams.

AI-native and agentic hiring platform
M&AAcquisition · Announced

New engen acquires Grapevine

New Engen, backed by Insignia Capital Group, has acquired Grapevine, a performance content creation and social white-listing service, to enhance its digital marketing and influencer…

LaunchThriwe Aina

Thriwe

Thriwe, an India-based loyalty and benefits platform, has rolled out Thriwe Aina, an AI-driven concierge now active in the UAE.

Loyalty Assistant
M&AAcquisition · Completed

Ramco Management acquires Ramco Systems

Promoter Ramco Management has acquired 2.7 percent equity stake in Ramco Systems, the global enterprise software company, via open market transactions on February 3.

Enterprise Software
LaunchZoho ERP

Zoho

Kumbakonam, January 23 Zoho, a global technology company headquartered in Chennai, today launched Zoho ERP, a comprehensive enterprise resource planning solution for Indian businesses,…

Enterprise Resource Planning (ERP) Solution
M&AAcquisition · Announced

Numans acquires Ajc

The Bordeaux firm of accounting expertise and auditing AJC (38 employees, two associates) is bought by the Lyon group of accounting expertise Numans (250 employees, 22 million CA in 2024).

Accounting expertise
LaunchBharat Payroll OS Plan

Kredily

Kredily, a Bengaluru-based HRMS and payroll technology company, has announced a one-year complimentary Bharat Payroll OS Plan to help Indian MSMEs and startups adapt to the evolving…

Payroll technology platform
FundingSeries C

Xoxoday

Xoxoday, a global rewards, incentives, and Loyalty technology company, has raised a Series C round backed by its existing investors – Apis Partners & 57 Stars, marking a key milestone as…

Rewards, Incentives & Loyalty technology
M&AAcquisition · Announced

Info edge acquires Unnati

InfoEdge will invest Rs 35 crore in Unnati, which will take its stake up to 20.5%.

Agritech
M&AAcquisition · Completed

Zoho acquires Asimov robotics

Zoho has acquired Asimov Robotics, a 13-year-old robotics startup, as part of its broader effort to deepen its research and development capabilities in robotics and other advanced…

Robotics
Funding

Qween

Luxury jewellery startup QWEEN raised funding from Bollywood actors Aamir Khan and Ranbir Kapoor, though the investment amount was not disclosed.

Investors Aamir Khan, Ranbir Kapoor
Luxury jewellery
M&AAcquisition · Completed

Info edge acquires Pb fintech

Info Edge acquired an additional 6.47% stake in PB Fintech through an NCLT-approved amalgamation process

Fintech
ContractSupply

Harbinger · client: Fedex

FedEx has placed its first order with Harbinger for 53 medium-duty electric vehicles (EVs).

Hrtech companies in India, by revenue

Browse hrtech companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 1,035 hrtech companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of cloud-based business software suite for diverse operational requirements

Enterprise collaboration
₹13,543.95 crFY 2024-25
+21%2024–2025
16,712+27753% vs previous recordrecorded
30 yr1996
—No postings tracked

Provider of payment and business banking solutions for enterprises

Payments
₹3,932.11 crFY 2024-25
+60%2024–2025
4,052LinkedIn · Jul 2026
12 yr2014
24postings · last posted Sep 2026

Developer of e-learning content, mobile and web applications, and LMS solutions

Hrtech
₹3,168.83 crFY 2024-25
+731%2024–2025
52-14% 12 mo to Feb 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Online platform providing job search and career advancement resources

Hrtech
₹2,024.88 crFY 2024-25
+7%2024–2025
25-94% vs previous recordrecorded
18 yr2008
29postings · last posted Sep 2026

Provider of human capital management platform for frontline workforce enablement

Hrtech
₹1,451.24 crFY 2024-25
+26%2024–2025
937-7% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

Hrtech
₹1,330.53 crFY 2024-25
+69%2024–2025
523+50% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of rewards, recognition, loyalty, incentives, and payout program solutions

Hrtech
₹993.46 crFY 2024-25
+12%2024–2025
700-17% 12 mo to Aug 2024LinkedIn · Jul 2026
14 yr2012
20postings · last posted Aug 2026

Online job board for job seekers

Hrtech
₹752.13 crFY 2024-25
+12%2024–2025
12,165-17% 12 mo to Oct 2020recorded Oct 2020
22 yr2004
0none in 3 months

Provider of enterprise resource planning, payroll, and logistics software solutions

Enterprise resource planning
₹596.87 crFY 2024-25
+13%2024–2025
3,951-17% 12 mo to Mar 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Developer of human capital management software with AI capabilities

Hrtech
₹533.87 crFY 2024-25
+36%2024–2025
1,401LinkedIn · Jul 2026
11 yr2015
21postings · last posted Sep 2026

Company that provides employee engagement solutions, including rewards, recognition, and feedback

Hrtech
₹413.14 crFY 2023-24
+4%2023–2024
—Not available
16 yr2010
0none in 3 months

Coding interview practice and preparation tools for software engineers

Hrtech
₹366.35 crFY 2024-25
-6%2024–2025
154-100% 12 mo to Jul 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of recruitment services

Hrtech
₹338.26 crFY 2024-25
+9%2024–2025
701-9% 12 mo to Aug 2024recorded Aug 2024
18 yr2008
0none in 3 months

Provider of comprehensive HR technologies and outsourced payroll, compliance and consulting services

Hrtech
₹250.18 crFY 2024-25
+12%2024–2025
749+13% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of loyalty program solutions with benefits and technology platforms

Loyalty software
₹237.03 crFY 2024-25
-4%2024–2025
272+950% 12 mo to Feb 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months · last posted Jun 2026

Online platform for booking doctor appointments and consulting healthcare professionals

Employee health it
SGD 37.04mFY 2024-25
-6%2024–2025
1,688-38% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
5postings · last posted Jul 2026

Operator of a platform providing wellness and outpatient healthcare benefit solutions

Hrtech
₹225.25 crFY 2024-25
+72%2024–2025
126-36% vs previous recordrecorded
10 yr2016
6postings · last posted Sep 2026

Provider of global payroll, global work, and employee management solutions

Bpo services
₹220.82 crFY 2024-25
+7%2024–2025
2,443LinkedIn · Jul 2026
17 yr2009
2postings · last posted Sep 2026

Provider of skilling opportunities and business performance services

Hrtech
₹208.99 crFY 2024-25
+36%2024–2025
756-35% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
1postings · last posted Jul 2026

Provider of recruitment process automation platform for enterprises

Hrtech
₹208.56 crFY 2024-25
+3%2024–2025
44-99% 12 mo to Aug 2023LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Digital platform offering rewards management solution for organizations

Hrtech
₹206.13 crFY 2024-25
Not reported
48LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Platform for recruitment, staff management, and payroll automation

Hrtech
₹191.03 crFY 2024-25
+38%2024–2025
241+105% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
1postings · last posted Aug 2026

Cloud-based course content creation platform for companies

Hrtech
₹176.21 crFY 2024-25
-11%2024–2025
712+1595% vs previous recordrecorded Feb 2024
36 yr1990
0none in 3 months

Provider of AI-powered personalized nutrition and fitness coaching

Fitness & wellness tech
US$20.47mFY 2023-24
-7%2023–2024
1,508-87% vs previous recordLinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

Provider of a monthly subscription-based employee healthcare platform offering group health benefits

Hrtech
₹168.26 crFY 2024-25
Not reported
419-28% 12 mo to Aug 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months
50 of 4,595 companies shown here · the full list is on Radar
Fliar Radar

Explore all 4,595 hrtech companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open hrtech in India on Radar
  • Every company, not just 50All 4,595 hrtech companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore HR tech companies in India by what you are looking for

Browse top HR tech companies in India, from job boards and recruitment software to payroll and employee benefits. You can also find HR tech startups in India and HR tech companies hiring.

8 ways to explore hrtech in India

Job boards & recruitment platformsHR software, HRMS & payrollAI hiring, assessment & interviewing toolsCorporate learning & skill developmentEmployee health, benefits & engagementListed HR tech companies in India

Job boards & recruitment platforms

Job portals, applicant tracking and hiring marketplaces.

  1. WorkIndia

    Recruitment platform that connects job seekers with employment opportunities

    Hrtech
    See in list
  2. smartstaff

    Provider of workforce management platform for blue collar employee lifecycle management

    Gig employer it
    Website
  3. Labourhome

    Provider of end-to-end workforce management services

    Hr services
    Website
  4. Instahyre

    AI-based platform for recruitment

    Hrtech
    Website
  5. Geektrust

    Job platform that connects developers with top tech companies

    Hrtech
    Website

HR software, HRMS & payroll

HRMS, payroll and attendance software for businesses.

  1. Xoxoday

    Provider of rewards, recognition, loyalty, incentives, and payout program solutions

    Hrtech
    See in list
  2. Ramco

    Provider of enterprise resource planning, payroll, and logistics software solutions

    Enterprise resource planning
    See in list
  3. Airface

    Employee attendance and time tracking solution

    Hrtech
    Website
  4. Mynd Solutions

    Provider of integrated back-office solutions across finance, accounting, HR, compliance, and staffing

    Finance & accounting tech
    See in list
  5. Realtime Biometric

    Biometric based identity and access management solutions provider

    Hrtech
    Website

AI hiring, assessment & interviewing tools

AI recruiting, skills testing, video interviewing and background checks.

  1. AuthBridge

    Provider of identity verification, employee screening, and due diligence platform

    Regtech
    See in list
  2. Helloverify

    Online platform for applicant tracking

    Grc software
    See in list
  3. OnGrid

    Provider of backgroud verification solutions for appliacant tracking

    Hrtech
    See in list
  4. Interview Prime

    Platform designed to help candidates in the job interview process

    Chatbots
    Website
  5. Aptofy

    Platform offers AI powered talent acquisition solution

    Generative ai
    Website

Corporate learning & skill development

Learning management systems, upskilling and campus-to-career platforms.

  1. TeamLease Edtech

    Provider of employability solutions and educational technology for higher education

    Enterprise resource planning
    See in list
  2. FACE Prep

    Online placement preparation courses and resources

    Continued learning
    Website
  3. Stratbeans

    Learning and training products

    Hrtech
    Website
  4. Unstop

    Online platform for talent engagement and skill based hiring

    Continued learning
    Website
  5. Datacipher Education Services

    Provider of IT training courses and certifications in networking and cybersecurity

    Continued learning
    Website

Employee health, benefits & engagement

Employee wellness, insurance benefits and engagement platforms.

  1. Optum

    Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services

    Employee health it
    Website
  2. Practo

    Online platform for booking doctor appointments and consulting healthcare professionals

    Employee health it
    See in list
  3. Visit Health

    Operator of a platform providing wellness and outpatient healthcare benefit solutions

    Hrtech
    See in list
  4. OnSurity

    Provider of a monthly subscription-based employee healthcare platform offering group health benefits

    Hrtech
    See in list
  5. Truworth Wellness

    Provider of employee assistance programs, health benefits, and wellness solutions

    Hrtech
    Website

Listed HR tech companies in India

Publicly listed HR tech companies in India.

  1. Zaggle

    Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows

    Hrtech
    See in list
  2. Ramco

    Provider of enterprise resource planning, payroll, and logistics software solutions

    Enterprise resource planning
    See in list
  3. Info Edge

    Multi-group classifieds company operating across diversified sectors

    B2c e-commerce
    Website
  4. Firstnaukri.com

    Online job board focused on campus hiring and fresher jobs

    Hrtech
    Website
  5. Talent Waves

    Provider of a learning management system with AI-driven intelligence

    Continued learning
    Website
8 companies in India

HR tech startups in India

Newer HR tech companies founded in the last few years.

  1. The Reward Store

    Digital platform offering rewards management solution for organizations

    Hrtech
    See in list
  2. Prismforce

    Provider of AI-powered talent supply chain software for tech services

    Hrtech
    See in list
  3. Interview Prime

    Platform designed to help candidates in the job interview process

    Chatbots
    Website
  4. Aptofy

    Platform offers AI powered talent acquisition solution

    Generative ai
    Website
  5. Rapid

    Provider of employer of record services including payroll and compliance

    Hrtech
    Website
1132 companies in India

HR tech companies hiring in India

HR tech companies with open roles right now.

  1. Razorpay

    Provider of payment and business banking solutions for enterprises

    Payments
    See in list
  2. Shine.com

    Online platform providing job search and career advancement resources

    Hrtech
    See in list
  3. Xoxoday

    Provider of rewards, recognition, loyalty, incentives, and payout program solutions

    Hrtech
    See in list
  4. Darwinbox

    Developer of human capital management software with AI capabilities

    Hrtech
    See in list
  5. Thriwe

    Provider of loyalty program solutions with benefits and technology platforms

    Loyalty software
    See in list
52 companies in India
Mobile reach

Top 10 hrtech apps from India

The most-installed Android apps published by hrtech companies headquartered in India — 406.8M installs between them. 645 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Naukri - Job Search App India

by Naukri.com

Installs84.0M
Rating4.52.0M ratings
Last updatedJun 2026
View on Google Play ↗
Naukri - Job Search App India screenshot 1Naukri - Job Search App India screenshot 2Naukri - Job Search App India screenshot 3Naukri - Job Search App India screenshot 4Naukri - Job Search App India screenshot 5Naukri - Job Search App India screenshot 6
2

apna - Search Job, Vacancy App

by Apna

Installs62.2M
Rating4.42742K ratings
Installs, year on year+16%
Last updatedJun 2026
View on Google Play ↗
apna - Search Job, Vacancy App screenshot 1apna - Search Job, Vacancy App screenshot 2apna - Search Job, Vacancy App screenshot 3apna - Search Job, Vacancy App screenshot 4apna - Search Job, Vacancy App screenshot 5apna - Search Job, Vacancy App screenshot 6
3

Resume - Intelligent CV maker

by IntelligentCV

Installs61.3M
Rating4.53535K ratings
Installs, year on year+18%
Last updatedMay 2026
View on Google Play ↗
Resume - Intelligent CV maker screenshot 1Resume - Intelligent CV maker screenshot 2Resume - Intelligent CV maker screenshot 3Resume - Intelligent CV maker screenshot 4Resume - Intelligent CV maker screenshot 5Resume - Intelligent CV maker screenshot 6
4

WorkIndia Job Search App

by WorkIndia

Installs53.1M
Rating3.98348K ratings
Last updatedJun 2026
View on Google Play ↗
WorkIndia Job Search App screenshot 1WorkIndia Job Search App screenshot 2WorkIndia Job Search App screenshot 3WorkIndia Job Search App screenshot 4WorkIndia Job Search App screenshot 5WorkIndia Job Search App screenshot 6
5

Healthify: AI Diet & Fitness

by HealthifyMe

Installs42.4M
Rating4.28569K ratings
Installs, year on year+10%
Last updatedJun 2026
View on Google Play ↗
Healthify: AI Diet & Fitness screenshot 1Healthify: AI Diet & Fitness screenshot 2Healthify: AI Diet & Fitness screenshot 3Healthify: AI Diet & Fitness screenshot 4Healthify: AI Diet & Fitness screenshot 5Healthify: AI Diet & Fitness screenshot 6
6

Lokal: AI Status & Updates

by Lokal

Installs40.0M
Rating4.15125K ratings
Last updatedMay 2026
View on Google Play ↗
Lokal: AI Status & Updates screenshot 1Lokal: AI Status & Updates screenshot 2Lokal: AI Status & Updates screenshot 3Lokal: AI Status & Updates screenshot 4Lokal: AI Status & Updates screenshot 5Lokal: AI Status & Updates screenshot 6
7

Job Hai - Search Job, Vacancy

by Job Hai

Installs20.3M
Rating4.24157K ratings
Installs, year on year+44%
Last updatedJun 2026
View on Google Play ↗
Job Hai - Search Job, Vacancy screenshot 1Job Hai - Search Job, Vacancy screenshot 2Job Hai - Search Job, Vacancy screenshot 3Job Hai - Search Job, Vacancy screenshot 4Job Hai - Search Job, Vacancy screenshot 5Job Hai - Search Job, Vacancy screenshot 6
8

PF Balance, UAN, EPF balance

by PF Balance App

Installs16.1M
Rating4.48133K ratings
Last updatedMay 2026
View on Google Play ↗
PF Balance, UAN, EPF balance screenshot 1PF Balance, UAN, EPF balance screenshot 2PF Balance, UAN, EPF balance screenshot 3PF Balance, UAN, EPF balance screenshot 4PF Balance, UAN, EPF balance screenshot 5PF Balance, UAN, EPF balance screenshot 6
9

Practo: Doctor Appointment App

by Practo

Installs15.6M
Rating4.43276K ratings
Installs, year on year+16%
Last updatedMay 2026
View on Google Play ↗
Practo: Doctor Appointment App screenshot 1Practo: Doctor Appointment App screenshot 2Practo: Doctor Appointment App screenshot 3Practo: Doctor Appointment App screenshot 4Practo: Doctor Appointment App screenshot 5Practo: Doctor Appointment App screenshot 6
10

Shine.com Job Search App

by Shine.com

Installs11.9M
Rating4.03231K ratings
Last updatedMay 2026
View on Google Play ↗
Shine.com Job Search App screenshot 1Shine.com Job Search App screenshot 2Shine.com Job Search App screenshot 3Shine.com Job Search App screenshot 4Shine.com Job Search App screenshot 5Shine.com Job Search App screenshot 6
The business behind the activity

Hrtech financials in India

Revenue, profit and growth from the filed annual accounts of 881 hrtech companies in India for FY24-25 — 1,169 of the 4,595 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 95% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹253,520.56 cr

881 companies filing accounts

combined net profit₹49,866.89 cr

19.7% aggregate margin

are profitable50%

441 of 881 companies

median revenue~₹1.1 cr

the typical company

median revenue growth+11%

into FY24-25

earned by the top five95%

revenue concentration

Six-year view

Combined revenue of filing companies

₹148,650.83 crFY19-20652 filers
₹152,609.38 crFY20-21725 filers
₹176,426.41 crFY21-22780 filers
₹217,239.52 crFY22-23855 filers
₹232,498.95 crFY23-24894 filers
₹253,520.56 crFY24-25881 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 732 companies over three years

+16%
FY22-23₹216,696.00 cr₹40,933.08 cr net
FY23-24₹231,145.35 cr₹45,054.37 cr net
FY24-25₹252,390.24 cr₹49,958.77 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr42933% profitable
₹1–10 cr30765% profitable
₹10–100 cr11771% profitable
₹100–1,000 cr2255% profitable
Over ₹1,000 cr683% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking304
0–20%170
20–50%124
50–100%86
Doubled+133

817 companies with accounts for both years; median growth +11%.

Profitability

Profit is concentrated at the top

441profitable
438loss-making
19.7%aggregate margin
0.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
ShezartechSHEZAR WEB TECHNOLOGIES PRIVATE LIMITED+731%₹3,168.83 cr
Clinics On CloudSEHATPRO TECHNOLOGIES PRIVATE LIMITED+479%₹17.38 cr
BenefitwiseEARNEST DATA ANALYTICS PRIVATE LIMITED+328%₹52.90 cr
Hour4uHOUR4U TECHNOLOGIES PRIVATE LIMITED₹11.57 cr
IraISVARI TECH PRIVATE LIMITED+165%₹21.72 cr
PeopleWorksCROSSDOMAIN SOLUTIONS PRIVATE LIMITED+151%₹19.36 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
AptofyUNLIMITEYE SOLUTIONS PRIVATE LIMITED₹57.27 cr
PeopleWorksCROSSDOMAIN SOLUTIONS PRIVATE LIMITED56.7%₹19.36 cr
CompuWatchPROFESSIONAL SOFTEC PRIVATE LIMITED
ZohoZoho Corporation Private Limited27.8%₹9,784.30 cr
Info EdgeInfo Edge (india) Limited₹2,967.39 cr
BlueTreeBluetree Consultancy Services Private Limited23.4%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Hrtech704₹237,933.65 cr~₹98 lakh51%20.0%
Enterprise collaboration6₹9,792.84 cr~₹1.8 cr50%27.7%
Finance & accounting tech22₹218.07 cr~₹1.7 cr50%-7.9%
Payments5₹195.54 cr~₹2.5 cr20%-524.8%
Employee health it19₹121.48 cr~₹26 lakh26%-22.1%
Continued learning8₹117.54 cr~₹12.9 cr75%-6.1%
Higher education tech6₹91.77 cr~₹5.5 cr67%-10.1%
K-12 edtech11₹72.66 cr~₹1.4 cr45%4.5%
Leaders

Largest hrtech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
InterviewreadyTATA CONSULTANCY SERVICES LIMITED₹224,495.00 cr₹48,057.00 cr21.4%
ZohoZoho Corporation Private Limited₹9,784.30 cr₹2,722.45 cr27.8%+17%
ShezartechSHEZAR WEB TECHNOLOGIES PRIVATE LIMITED₹3,168.83 cr₹23.63 cr0.7%+731%
Info EdgeInfo Edge (india) Limited₹2,967.39 cr+12%
ZaggleZaggle Prepaid Ocean Services Limited₹1,327.16 cr₹87.48 cr6.6%+69%
Shine.comHt Media Limited₹1,163.47 cr−₹64.68 cr-5.6%+11%
Kelly Services IndiaPERSOL INDIA PRIVATE LIMITED₹752.13 cr−₹5.38 cr-0.7%+12%
Advantage ClubAdvantage Club Technologies Private Limited₹724.62 cr−₹2.26 lakh-0.0%+89%
XoxodayNREACH ONLINE SERVICES PRIVATE LIMITED₹604.60 cr₹6.65 cr1.1%+1%
AMCATSHL (INDIA) PRIVATE LIMITED₹338.47 cr−₹32.38 cr-9.6%+8%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full hrtech landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the hrtech landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Hrtech funding and M&A across India

1,182 recorded equity rounds have gone to 6,682 hrtech companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months24

US$80.36m

equity rounds, last 24 months65

US$256.42m

raised over five yearsUS$2.09bn

485 rounds in India

M&A deals, India55

last 24 months

Capital by year

Equity funding into hrtech in India

amount rounds
$85m201892
$164m2019103
$266m2020100
$1.2bn2021150
$445m2022140
$155m202380
$124m202460
$172m202541
$36m202614

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.16bn across 150 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$31.50m70 rounds · median US$82k
SeedUS$190.12m294 rounds · median US$300k
Series AUS$372.32m67 rounds · median US$3.95m
Series BUS$528.86m30 rounds · median US$12.15m
Series CUS$320.18m12 rounds · median US$20.00m
Series D+US$645.92m12 rounds · median US$5.26m
Where the money went · five years

Most-funded sub-sectors

HrtechUS$1.14bn347 rounds · 191 companies
PaymentsUS$544.58m7 rounds · 3 companies
Fitness & wellness techUS$120.00m3 rounds · 1 companies
Employee health itUS$69.07m29 rounds · 11 companies
Finance & accounting techUS$43.93m15 rounds · 8 companies
Employer insuranceUS$36.32m6 rounds · 2 companies
Digital remittanceUS$28.20m3 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

55Acquisition

Most active acquirers

  1. Zaggle Prepaid Ocean Services23
  2. Rocket6
  3. Info edge4
  4. Integra3
  5. Upgrad2

Most acquired or merged

  1. Mobileware technologies3
  2. Dice2
  3. Internshala2
  4. Telefónica's Peruvian unit2
  5. Na2

Each deal appears in the events strip at the top of the page.

Hrtech funding in India

329 hrtech companies in India have recorded equity funding, US$2.92bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind hrtech companies in India. 2,193 of 4,595 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India hrtech companies by sub-sector

The most common specialisations among hrtech companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring hrtech in India and nearby markets.

Coming soon