About factoHR
factoHR is a company based in Mumbai (India) founded in 2016 by Niraj Karelia and Aniruddh Nagodra. It operates as a SaaS, and B2B. The company has 17 employees as of March 31, 2023. factoHR offers products and services including Payroll Software, Core HR, Attendance Management, Leave Management, and Performance Management. factoHR operates in a competitive market with competitors including Papaya Global, Exactuals, CloudPay, Argyle and TASC, among others.
- Headquarter Mumbai, India
- Employees 17 as on 31 Mar, 2023
- Founders Niraj Karelia, Aniruddh Nagodra
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Version Systems Private Limited
- Date of Incorporation 07 Jul, 2005
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$2.5 M (USD)59.36as on Mar 31, 2023
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Net Profit
$231.87 K (USD)26.75as on Mar 31, 2023
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EBITDA
$337.34 K (USD)-11.66as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
17
as on Mar 31, 2023
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Products & Services of factoHR
factoHR offers a comprehensive portfolio of products and services, including Payroll Software, Core HR, Attendance Management, Leave Management, and Performance Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates payroll processing for accurate and compliant salary management
Manages employee data and core HR functions for organizational backbone
Tracks employee attendance with automated and touchless systems
Handles employee leave requests and approvals efficiently
Facilitates OKR-based performance evaluations and reviews
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Funding Insights of factoHR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by factoHR
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - factoHR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Factohr Comparisons
Competitors of factoHR
factoHR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Papaya Global, Exactuals, CloudPay, Argyle and TASC, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based payroll management solutions are offered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based payroll management is delivered to enterprises in creative sectors.
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| domain | founded_year | HQ Location |
Cloud-based payroll software is offered for business management.
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| domain | founded_year | HQ Location |
Tools for workforce databases and payroll connectivity are provided.
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| domain | founded_year | HQ Location |
Finance and accounts management platform is provided for businesses.
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| domain | founded_year | HQ Location |
Payroll management software is offered for the entertainment industry.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Factohr
Frequently Asked Questions about factoHR
When was factoHR founded?
factoHR was founded in 2016.
Where is factoHR located?
factoHR is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of factoHR?
Aniruddh Nagodra is the current CEO of factoHR. They have also founded this company.
How many employees does factoHR have?
As of Mar 31, 2023, the latest employee count at factoHR is 17.
What is the annual revenue of factoHR?
Annual revenue of factoHR is $2.5M as on Mar 31, 2023.
What does factoHR do?
factoHR is a cloud-based human capital management platform that automates HR functions like payroll, attendance, performance tracking, and onboarding. It integrates data for efficient operations, serving industries such as manufacturing, IT, and healthcare. With offices in India, it helps businesses streamline processes and enhance employee experiences, as evidenced by clients like Kelvin Plastics.
Who are the top competitors of factoHR?
factoHR's top competitors include Papaya Global, Hourly and Argyle.
What products or services does factoHR offer?
factoHR offers Payroll Software, Core HR, Attendance Management, Leave Management, and Performance Management.