GreytHR

Bengaluru, India Founded: 1994 • Age: 32 yrs Minicorn Acquired By Apax
Cloud-based HRMS and payroll software solutions are provided.

About GreytHR

GreytHR is a Technology company based in Bengaluru (India) founded in 1994 by Sayeed Anjum and Girish Rowjee, and was acquired by Apax in August 2024. Cloud-based HRMS and payroll software solutions are provided. GreytHR has raised $46.87 million across 9 funding rounds from investors including Info Edge, Apax Partners and GMO Payment Gateway. The company has 700 employees. GreytHR was last valued at $136.42 million in September 2024. Its chief executive, as recorded, is Girish Rowjee. Its website greythr.com draws about 5.4 million monthly visits. Its Indian entity Greytip Software Private Limited reported revenue of ₹123 Cr. GreytHR offers products and services including HR Software, Payroll Software, Leave Management, Attendance Management, and Performance Management. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite.

Company details

GreytHR was founded in 1994 in Bengaluru, India, and operates in the human resources software sector. Cloud-based HRMS and payroll tools are offered to manage workforce processes, including attendance tracking, leave management, recruitment, and employee self-service features such as payslip access. Payroll processing is automated, with reporting tools and integrations to existing IT systems supported. Operations follow a subscription-based pricing model.

  • Headquarters Bengaluru, India
  • Employees 700
  • Founders Sayeed Anjum, Girish Rowjee
  • Stage Acquired
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website greythr.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by Apax (Aug 2024)
  • Legal Name Greytip Software Private Limited
  • Date of Incorporation 29 Nov, 1994
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹123 Cr

    FY 2025 · +29% YoY

  • Net Loss
    -₹15.01 Cr

    FY 2025 · -13% margin

  • EBITDA
    -₹20.34 Cr

    FY 2025 · -18% margin

  • Total Equity Funding
    $46.87M (USD)

    in 9 rounds

  • Latest Funding Round
    $22.67M (USD), Series F

    Sep 2024

  • Investors
    Info Edge

    & 9 more

  • Employee Count
    700
  • Acquired by
    Apax

    (Aug 2024)

Products & Services of GreytHR

GreytHR offers a comprehensive portfolio of products and services, including HR Software, Payroll Software, Leave Management, Attendance Management, and Performance Management.

HR Software
HR Management

Platform for employee information and HR operations management.

Payroll Software
Payroll Processing

Software for accurate payroll calculations and compliance.

Leave Management
Employee Benefits

System for tracking and approving employee leaves efficiently.

Attendance Management
Workforce Tracking

Tool for monitoring employee attendance and time records.

Performance Management
Employee Evaluation

Software for assessing and managing employee performance metrics.

Apps and channels of GreytHR

its YouTube channel greytHR has 11.3K subscribers and 30 videos.

greytHR
YouTube 11.3K subscribers 30 videos Science & Technology
Open channel

Videos from GreytHR

The most watched videos on GreytHR's YouTube channel, greytHR (11.3K subscribers). Click a video to play it here.

PMS Demo
1.3K views
greytHR Recruit Demo
688 views
Attendance: Capturing Methods Demo
168 views
greytHR Now Supports Stripe Payments
158 views

More on greytHR.

Funding Insights of GreytHR

GreytHR has successfully raised a total of $46.87M across 9 strategic funding rounds. The most recent funding activity was a Series F round of $22.67 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $46.87M
  • Total Rounds 9
  • Last Round Series F — $22.67M
  • First Round $181,000

    (Jul 2012)

  • Investors Count 9

All 9 funding rounds of GreytHR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2024$22.67MSeries F$136.42MIQ-EQ
–
Aug 2024$2.56MSeries E$81.75MNew Enterprise Associates
–
Nov 2023$3MSeries E$•••••GMO Payment Gateway
–
Nov 2021$6.91MSeries D$•••••Info Edge
Oct 2019$4.87MSeries C$•••••Info Edge, MegaDelta Capital
–
Jan 2019$699,000Series B$•••••New Enterprise Associates
–
Apr 2016$6.15MSeries B$•••••New Enterprise Associates
Dec 2013$330,000Unspecified$•••••Blume Ventures
Jul 2012$181,000Unspecified$•••••–
Valuation history
DateValuationStage
Sep 2024$136.42M••••••••
Aug 2024$81.75M••••••••
Nov 2023$•••••••••••••
Nov 2021$•••••••••••••
Oct 2019$•••••••••••••
Jan 2019$•••••••••••••
Apr 2016$•••••••••••••
Dec 2013$•••••••••••••
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Full valuation and stage history of GreytHR

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Verified entity values are shown only after access is granted.

Last known valuation $136.42M (Sep 2024). 10 investors in total: 7 institutional and 3 angel.

Investors in GreytHR

GreytHR has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Info Edge, Apax Partners and GMO Payment Gateway.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on multiple sectors
1896iqeq.comLuxembourg, Luxembourg
Venture capital investments are offered to startups by NEA.
nea.comMenlo Park, United States
Investment intelligence and portfolio services in finance.
2019megadeltacapital.comMumbai, India
Seed and early-stage investments are made across sectors in India.
blume.vcMumbai, India
Equity investments are focused on tech, services, and consumer sectors.
1981apax.comHong Kong, China
Payment gateway service provider.
1995gmo-pg.comTokyo, Japan
A multi-group online classifieds company operating across diversified sectors
1995infoedge.inDelhi, India

Nusrat Jahan

unknown_86060be02e404ee19

Raj Kumar

unknown_9d8cfb42d46641a9a

Nusrat Jahan

unknown_44e7c088460d42608
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Investor details for GreytHR

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Greytip Software Private Limited (GreytHR)

Greytip Software Private Limited is the primary company behind GreytHR. The board of Greytip Software Private Limited currently have 4 directors; the longest-serving is Girish Rowjee, appointed in 1994. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Girish Rowjee
DIN 00740316
Whole-time director29 Nov 199431 yrs 11 moGreytip Software Private Limited
Ahmed Sayeed Anjum
DIN 00740377
Director29 Nov 200421 yrs 11 moGreytip Software Private Limited
Mark John Selwyn Beith
DIN 10748712
Nominee Director03 Sep 20242 yrs 2 moGreytip Software Private Limited
Shashwat Shukla
DIN 10748799
Nominee Director03 Sep 20242 yrs 2 moGreytip Software Private Limited

People of GreytHR

135 people are tracked at GreytHR (28 in leadership, 107 in team); the tracked headcount is 700.

NameRoleGroup
Co-Founder & CTOLeadership
Co-Founder & CEOLeadership
Sriram Raghunathan
Associate Director- Strategic Alliances & PartnershipsLeadership
Mohammed Azhar
Chief Sales OfficerLeadership
Unnikrishnan Raghavan
Chief Knowledge OfficerLeadership
Rathnakar C.h
Director - Product ImplementationLeadership
Joseph George V
Chief Information OfficerLeadership
Krishna Prasad
Chief Product OfficerLeadership
Bhuvana Ganesan
Head Of Brand And Marketing OperationsLeadership
Srinivas Subraya K.
Associate Director - Demand GenerationLeadership
Surya Srinivas
VP Of EngineeringLeadership
Amith S
Director Of Product ManagementLeadership
Shailesh Nema
General Manager Of SalesLeadership
Rajeev Singh Verma
Associate General Manager - SalesLeadership
Gokulakrishnan Manavalan
Head Of Partnerships & Sales - APAC RegionLeadership
Vijayendra C.
Director Product SupportLeadership
Nitin Singh
Regional Sales HeadLeadership
Sreekumar J
Associate Director Product MarketingLeadership
Gururaj V Megharaj
Associate General ManagerLeadership
Dhaamodharan A
General ManagerLeadership

115 more people are available in the full profile.

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Financials of GreytHR

Figures of Greytip Software Private Limited, the primary company behind GreytHR, for FY 2025. Revenue was ₹123 Cr (+29% year on year). Net loss was -₹15.01 Cr (-13% margin). EBITDA was -₹20.34 Cr (-18% margin). Revenue has grown at a compounded annual rate of +31% over three years and +26% over five years.

  • ₹123 CrRevenue · FY 2025 · +29% YoY
  • -₹15.01 CrNet loss · -13% margin
  • -₹20.34 CrEBITDA · -18% margin
  • ₹5.19 CrPaid-up capital
  • 773Employees (provident fund records)
  • +31%Revenue CAGR, 3 years
  • +26%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Greytip Software Private Limited are on its company page.

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Detailed financial statements for GreytHR

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of GreytHR

5 dated milestones of GreytHR across 30 years, from founding to its latest funding, stage changes and deals.

  1. Founded GreytHR is founded.
  2. Funding First funding round of $181K.
  3. Milestone Reaches Minicorn status.
  4. Exit Acquired by Apax.
  5. Funding Latest funding round, Series F, of $22.7M.

Web traffic of GreytHR

The website of GreytHR (greythr.com) receives about 5.4M visits a month and ranks #8,140 among all websites worldwide, #1,137 in Programming and Developer Software.

  • Monthly visits
    5.4M

    ▲ 11.3% vs previous month

  • Unique visitors
    548K

    per month

  • Global rank
    #8,140

    among all websites

  • Category rank
    #1,137

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

Websites whose visitors overlap most with GreytHR. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bitbucket.org
100%
12.5M#3,629View details
spinetechnologies.com
96%
8.6K#2,549,383View details
zoho.com
93%
#415View details
mongodb.com
92%
5.8M#7,042View details
worldtimebuddy.com
92%
#8,591View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Verified entity values are shown only after access is granted.

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Related news about Greythr

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Frequently Asked Questions about GreytHR

GreytHR was founded in 1994 and raised its 1st funding round 18 years after it was founded.

GreytHR is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Girish Rowjee is the CEO of GreytHR, as recorded in our data. They have also founded this company.

GreytHR is a funded company, having raised a total of $46.87M across 9 funding rounds to date. The company's 1st funding round was a Unspecified of $181K, raised on Jul 2012.

GreytHR has 700 employees.

The primary company behind GreytHR, Greytip Software Private Limited, reported revenue of ₹123 Cr for FY 2025, up 29% year on year.

GreytHR was founded in 1994 in Bengaluru, India, and operates in the human resources software sector. Cloud-based HRMS and payroll tools are offered to manage workforce processes, including attendance tracking, leave management, recruitment, and employee self-service features such as payslip access. Payroll processing is automated, with reporting tools and integrations to existing IT systems supported. Operations follow a subscription-based pricing model.

GreytHR offers HR Software, Payroll Software, Leave Management, Attendance Management, and Performance Management.

GreytHR has 10 investors. Key investors include Info Edge, Apax Partners, GMO Payment Gateway, IQ-EQ, and MegaDelta Capital.

The valuation of GreytHR is $136.42M as of Sep 2024.

GreytHR operates through Greytip Software Private Limited.

Yes. GreytHR was acquired by Apax in August 2024.

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