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The Madhya Pradesh edition · 2026

Hrtechcompanies in Madhya Pradesh

HRMS, job boards, freelancers, learning, AI & analytics and more: the companies building hrtech in Madhya Pradesh, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
96 company profiles15 with reported revenue2 with recorded fundingOctober 2026 edition
Madhya Pradesh · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 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: 57 Contracts · 53 M&A deals · 28 funding rounds · 21 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 · Announced

Upgrad acquires Internshala

upGrad, Asia's leading integrated skilling and workforce development company, today announced the acquisition of Internshala, the world's largest early-talent internship and career…

Early-talent internship and career marketplace
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…

Investors Apis partners, 57 stars
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 Madhya Pradesh, by funding and team

Few hrtech companies in Madhya Pradesh publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 96 active companies.

Showing 25 of 50

Provider of workforce analytics platform leveraging AI for productivity enhancement

Hrtech
US$3.29mSeed · Sep 2025
89-25% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
6 yr2020
6postings · last posted Sep 2026

Online portal for applying to internships

Hrtech
US$210kSeed · Oct 2023
85LinkedIn · Jul 2026
Subscription
5 yr2021
0none in 3 months · last posted Jul 2026

Provider of job board platform for the multi industry

Hrtech
—None recorded
300+335% vs previous recordrecorded
Subscription
13 yr2013
0none in 3 months · last posted Jul 2026

Cloud-based HRMS solution for SMBs

Hrtech
—None recorded
35+643% 12 mo to Sep 2024LinkedIn · Oct 2026
Subscription
8 yr2018
0none in 3 months · last posted May 2026

ITGeeks is a website design and development company that provides e-commerce store setup, store redesign, customization, and SEO services.

B2c e-commerce
—None recorded
223+6% vs previous recordLinkedIn · Oct 2026
E-commerce - service
13 yr2013
—No postings tracked

Provider of job opportunities in government and private sector

Hrtech
—None recorded
331-21% vs previous recordLinkedIn · Jul 2026
Advertising / Commission on transaction
31 yr1995
—No postings tracked

Dave's Brother Technology is a multinational information technology services, business solutions and consulting company based in India.

Hrtech
—None recorded
4LinkedIn · Jul 2026
Fee-for-service
8 yr2018
0none in 3 months

Provider of AI-driven platform connecting businesses with pre-vetted technical talent

Hrtech
—None recorded
90+39% 12 mo to Feb 2024LinkedIn · Jul 2026
Fee-for-service
4 yr2022
14postings · last posted Sep 2026

Platform offering HRMS software

Hrtech
—None recorded
12+68% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
4 yr2022
0none in 3 months

Cloud based adaptive testing and learning management system

Hrtech
—None recorded
7LinkedIn · Jul 2026
Subscription
12 yr2014
0none in 3 months

Online platform offering IT training programs for professionals

Continued learning
—None recorded
17-46% vs previous recordLinkedIn · Jul 2026
E-commerce - service / Fee-for-service
9 yr2017
0none in 3 months

Networking platform and a talent marketplace

Hrtech
—None recorded
2LinkedIn · Jul 2026
Subscription
9 yr2017
0none in 3 months

Online freelance marketplace for content writing jobs

Hrtech
—None recorded
1+150% 12 mo to Aug 2024LinkedIn · Jul 2026
Advertising / Commission on transaction
9 yr2017
0none in 3 months

Provider of an AI-powered platform for talent acquisition and hiring

Hrtech
—None recorded
2LinkedIn · Jul 2026
Subscription
1 yr2025
0none in 3 months · last posted Jul 2026

Cloud based enterprise suite software for multiple industries

Hrtech
—None recorded
—Not available
Subscription
4 yr2022
0none in 3 months

Freelancer Marketplace for IT projects

Hrtech
—None recorded
15LinkedIn · Jul 2026
Subscription
15 yr2011
0none in 3 months

Cloud-based suite solutions for HR management

Hrtech
—None recorded
6LinkedIn · Jul 2026
Subscription
5 yr2021
0none in 3 months · last posted Jun 2026

AI powered job search platform that automates job applications to multiple job boards and companies

Hrtech
—None recorded
—Not available
Subscription
6 yr2020
0none in 3 months

Provider of freelancer marketplace

Hrtech
—None recorded
—Not available
Advertising / Commission on transaction
3 yr2023
0none in 3 months

Online platform for on demand staffing

Hrtech
—None recorded
3LinkedIn · Jul 2026
Subscription
5 yr2021
0none in 3 months

App-based job search platform for part-time positions

Hrtech
—None recorded
—Not available
Subscription
2 yr2024
0none in 3 months

Online platform offering English language courses

Continued learning
—None recorded
44LinkedIn · Jul 2026
Subscription
5 yr2021
0none in 3 months

Developer of software for human resources and project management functions

Hrtech
—None recorded
16LinkedIn · Jul 2026
Subscription
3 yr2023
—No postings tracked

Platform that offers career guidance services to the individuals

Hrtech
—None recorded
—Not available
Advertising / Commission on transaction
2 yr2024
—No postings tracked

Online job portal

Hrtech
—None recorded
—Not available
Advertising / Commission on transaction
12 yr2014
—No postings tracked
50 of 96 companies shown here · the full list is on Radar
Fliar Radar

Explore all 96 hrtech companies in Madhya Pradesh on Radar

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

Open hrtech in Madhya Pradesh on Radar
  • Every company, not just 50All 96 hrtech companies in Madhya Pradesh, 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.
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Explore HR tech companies in Madhya Pradesh by what you are looking for

Find HR tech companies in Madhya Pradesh offering HRMS software, job boards and freelancer marketplaces. Browse top HR tech companies, HR tech startups in Madhya Pradesh and the firms that are hiring.

7 ways to explore hrtech in Madhya Pradesh

HRMS & HR softwareJob boards & recruitment platformsFreelancer & gig work marketplacesCorporate learning & skill trainingAI, analytics & HR automationHR tech startups in Madhya Pradesh

HRMS & HR software

HR management, payroll and workforce analytics software.

  1. FabHR

    Cloud-based HRMS solution for SMBs

    Hrtech
    See in list
  2. AESS Solutions

    Cloud based enterprise suite software for multiple industries

    Hrtech
    See in list
  3. We360.ai

    Provider of workforce analytics platform leveraging AI for productivity enhancement

    Hrtech
    See in list
  4. Leysha

    Biometric Attendance with HR Management services provider

    Hrtech
    See in list
  5. QR Staff

    Cloud-based suite solutions for HR management

    Hrtech
    See in list
27 companies in Madhya Pradesh

Job boards & recruitment platforms

Job portals, applicant tracking and staffing platforms.

  1. YouVah

    Online portal for applying to internships

    Hrtech
    See in list
  2. Dihadi

    App-based job search platform for part-time positions

    Hrtech
    See in list
  3. Career Coach Placement Services

    Platform that offers career guidance services to the individuals

    Hrtech
    See in list
  4. Hireyy

    Online jobs portal for multiple industries

    Hrtech
    See in list
  5. jobzgate hr solutions

    Jobzgate has been promoted by team of world class professionals having rich and varied experience.

    Hrtech
    See in list
42 companies in Madhya PradeshAll 349 b2c e-commerce companies in India →

Freelancer & gig work marketplaces

Marketplaces connecting businesses with freelancers and contract talent.

  1. SourceBae

    Provider of AI-driven platform connecting businesses with pre-vetted technical talent

    Hrtech
    See in list
  2. Geeks Per Hour

    Freelancer Marketplace for IT projects

    Hrtech
    See in list
  3. itgeeks

    ITGeeks is a website design and development company that provides e-commerce store setup, store redesign, customization, and SEO services.

    B2c e-commerce
    See in list
  4. Dave's Brother Technology

    Dave's Brother Technology is a multinational information technology services, business solutions and consulting company based in India.

    Hrtech
    See in list
  5. White Seeker

    Online freelance marketplace for content writing jobs

    Hrtech
    See in list
17 companies in Madhya Pradesh

Corporate learning & skill training

Online training, assessment and e-learning for professionals.

  1. TechSimPlus

    Online platform offering IT training programs for professionals

    Continued learning
    See in list
  2. Kommon School

    Online platform offering English language courses

    Continued learning
    See in list
  3. Graspar

    Provider of e-learning solutions and content creation services

    Continued learning
    See in list
  4. TestYou

    Online assessments creation platform

    Hrtech
    Website
  5. NextCandidate

    AI based candidate online assessment and evaluation platform

    Hrtech
    Website
18 companies in Madhya PradeshAll 1,917 continued learning companies in India →

AI, analytics & HR automation

AI-driven tools for hiring, workforce data and chatbots.

  1. AgentR

    Provider of an AI-powered platform for talent acquisition and hiring

    Hrtech
    See in list
  2. LazyApply

    AI powered job search platform that automates job applications to multiple job boards and companies

    Hrtech
    See in list
  3. SkillOps

    AI-based skill mapping and resource allocation platform

    Hrtech
    See in list
  4. kestrelpro

    KestrelPro, a powerful data-driven decision-making tool designed to empower C-level executives with efficient operations.

    Hrtech
    Website
  5. NextCandidate

    AI based candidate online assessment and evaluation platform

    Hrtech
    Website
8 companies in Madhya PradeshAll 1,316 artificial intelligence companies in India →

HR tech startups in Madhya Pradesh

Recently founded HR tech companies.

  1. SourceBae

    Provider of AI-driven platform connecting businesses with pre-vetted technical talent

    Hrtech
    See in list
  2. AESS Solutions

    Cloud based enterprise suite software for multiple industries

    Hrtech
    See in list
  3. YouVah

    Online portal for applying to internships

    Hrtech
    See in list
  4. Littera

    Cloud-based LMS platform for multi-industry

    Hrtech
    See in list
  5. TrueFirms

    B2B marketplace that connects businesses to service providers for IT staffing

    Hrtech
    See in list
37 companies in Madhya Pradesh

HR tech companies hiring in Madhya Pradesh

HR tech employers with open roles right now.

  1. SourceBae

    Provider of AI-driven platform connecting businesses with pre-vetted technical talent

    Hrtech
    See in list
  2. FabHR

    Cloud-based HRMS solution for SMBs

    Hrtech
    See in list
  3. We360.ai

    Provider of workforce analytics platform leveraging AI for productivity enhancement

    Hrtech
    See in list
  4. YouVah

    Online portal for applying to internships

    Hrtech
    See in list
  5. QR Staff

    Cloud-based suite solutions for HR management

    Hrtech
    See in list
9 companies in Madhya Pradesh
Mobile reach

Top 10 hrtech apps from Madhya Pradesh

The most-installed Android apps published by hrtech companies headquartered in Madhya Pradesh — 551K installs between them. 13 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Remark – Jobs & Hiring App

by Remark

Installs494K
Rating—
Installs, year on year+115%
Last updatedMay 2026
Legal entityVISKO E-SERVE PRIVATE LIMITEDCIN U72900MP2020PTC053249
View on Google Play ↗
Remark – Jobs & Hiring App screenshot 1Remark – Jobs & Hiring App screenshot 2Remark – Jobs & Hiring App screenshot 3Remark – Jobs & Hiring App screenshot 4Remark – Jobs & Hiring App screenshot 5Remark – Jobs & Hiring App screenshot 6
2

QR Staff -Attendance & Payroll

by QR Staff

Installs33K
Rating—
Last updatedApr 2026
Legal entityBizhelper Software Private Limiteddeclared on Google Play
View on Google Play ↗
QR Staff -Attendance & Payroll screenshot 1QR Staff -Attendance & Payroll screenshot 2QR Staff -Attendance & Payroll screenshot 3QR Staff -Attendance & Payroll screenshot 4QR Staff -Attendance & Payroll screenshot 5QR Staff -Attendance & Payroll screenshot 6
4

MindScroll

by MindScroll

Installs8K
Rating—
Last updatedFeb 2026
Legal entityLEARNZIPPY E-LEARNING SERVICES PRIVATE LIMITEDCIN U74140DL2014PTC269756
View on Google Play ↗
MindScroll screenshot 1MindScroll screenshot 2MindScroll screenshot 3MindScroll screenshot 4MindScroll screenshot 5MindScroll screenshot 6
5

We360.ai - Workforce Analytics

by We360.ai

Installs2K
Rating—
Last updatedMay 2026
Legal entityZENSTACK PRIVATE LIMITEDCIN U72900MP2021PTC054621
View on Google Play ↗
We360.ai - Workforce Analytics screenshot 1We360.ai - Workforce Analytics screenshot 2We360.ai - Workforce Analytics screenshot 3We360.ai - Workforce Analytics screenshot 4We360.ai - Workforce Analytics screenshot 5We360.ai - Workforce Analytics screenshot 6
7

Jal Suraksha

by Littera

Installs892
Rating—
Last updatedSep 2024
Legal entityPratham Softcon Private Limiteddeclared on Google Play
View on Google Play ↗
Jal Suraksha screenshot 1Jal Suraksha screenshot 2Jal Suraksha screenshot 3Jal Suraksha screenshot 4Jal Suraksha screenshot 5Jal Suraksha screenshot 6
The business behind the activity

Hrtech financials in Madhya Pradesh

Revenue, profit and growth from the filed annual accounts of 13 hrtech companies in Madhya Pradesh for FY24-25 — 15 of the 96 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 91% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹39.68 cr

13 companies filing accounts

combined net profit−₹1.86 cr

-4.7% aggregate margin

are profitable31%

4 of 13 companies

median revenue~₹95 lakh

the typical company

median revenue growth+9%

into FY24-25

earned by the top five91%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3.21 crFY19-207 filers
₹3.42 crFY20-218 filers
₹5.80 crFY21-227 filers
₹14.35 crFY22-2312 filers
₹14.12 crFY23-2411 filers
₹39.68 crFY24-2513 filers

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

Like-for-like

The same 11 companies over three years

+144%
FY22-23₹12.62 cr−₹3.08 cr net
FY23-24₹14.12 cr−₹4.76 cr net
FY24-25₹30.83 cr−₹1.57 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 cr714% profitable
₹1–10 cr540% profitable
₹10–100 cr1100% profitable
₹100–1,000 cr0—
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking4
0–20%2
20–50%1
50–100%1
Doubled+3

11 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

4profitable
9loss-making
-4.7%aggregate margin
-5.1%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
SourceBaeSHETHINK PRIVATE LIMITED+143%₹12.05 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
SourceBaeSHETHINK PRIVATE LIMITED4.7%₹12.05 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Hrtech13₹39.68 cr~₹95 lakh31%-4.7%
Leaders

Largest hrtech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
SourceBaeSHETHINK PRIVATE LIMITED₹12.05 cr₹56.26 lakh4.7%+143%
FabHRFAB HR SOLUTION PRIVATE LIMITED₹8.57 cr₹2.90 lakh0.3%—
AESS SolutionsAESSSOLUTIONS PRIVATE LIMITED₹7.29 cr−₹1.22 lakh-0.2%>10×
We360.aiZENSTACK PRIVATE LIMITED₹5.32 cr−₹38.35 lakh-7.2%+58%
LeyshaNLIVEN TECHNOLOGIES PRIVATE LIMITED
Geeks Per HourVKAPS IT SOLUTIONS PRIVATE LIMITED₹1.83 cr−₹1.83 lakh-1.0%-9%
YouVahYOUVAH STUDIO PRIVATE LIMITED₹94.75 lakh−₹1.38 cr-145.3%+103%
Evolve WebInfoEVOLVE WEBINFO PRIVATE LIMITED
TrueFirmsTRUEFIRMS RESOURCEHUB PRIVATE LIMITED
WiseOfficeDayWISE SOFTWARE SOLUTIONS PRIVATE LIMITED
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

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 Madhya Pradesh compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months21

US$65.07m

equity rounds, last 24 months61

US$235.15m

raised over five yearsUS$2.09bn

485 rounds in India

M&A deals, India53

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

53Acquisition

Most active acquirers

  1. Zaggle Prepaid Ocean Services21
  2. Rocket6
  3. Info edge4
  4. Integra3
  5. Upgrad2

Most acquired or merged

  1. Dice2
  2. Internshala2
  3. Telefónica's Peruvian unit2
  4. Na2
  5. Effiasoft2

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

Founders and momentum in Madhya Pradesh

Meet the people behind hrtech companies in Madhya Pradesh. 28 of 96 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Madhya Pradesh hrtech companies by sub-sector

The most common specialisations among hrtech companies in Madhya Pradesh. 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.

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