About GreytHR
GreytHR is a company based in Bengaluru (India) founded in 1994 by Sayeed Anjum and Girish Rowjee was acquired by Apax in August 2024.. GreytHR has raised $47.38 million across 9 funding rounds from investors including Info Edge, Apax Partners and GMO Payment Gateway. The company has 700 employees as of August 29, 2025. GreytHR offers products and services including HR Software, Payroll Software, Leave Management, Attendance Management, and Performance Management. GreytHR operates in a competitive market with competitors including Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others.
- Headquarter Bengaluru, India
- Employees 700 as on 29 Aug, 2025
- Founders Sayeed Anjum, Girish Rowjee
- Stage Minicorn
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Greytip Software Private Limited
- Date of Incorporation 29 Nov, 1994
- Jurisdiction Bengaluru, Karnataka, India
-
Annual Revenue
$8.99 M (USD)35.29as on Mar 31, 2023
-
Net Profit
$-3.88 M (USD)-145.44as on Mar 31, 2023
-
EBITDA
$-3.47 M (USD)-217.14as on Mar 31, 2023
-
Total Equity Funding
$47.38 M (USD)
in 9 rounds
-
Latest Funding Round
$22.67 M (USD), Series F
Sep 03, 2024
-
Investors
Info Edge
& 9 more
-
Employee Count
700
as on Aug 29, 2025
-
Acquired by
Apax
(Aug 05, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. 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.
Platform for employee information and HR operations management.
Software for accurate payroll calculations and compliance.
System for tracking and approving employee leaves efficiently.
Tool for monitoring employee attendance and time records.
Software for assessing and managing employee performance metrics.
Unlock access to complete
Funding Insights of GreytHR
GreytHR has successfully raised a total of $47.38M 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 Total Funding
- Total Rounds 9
- Last Round Series F — $22.7M
-
First Round
First Round
(28 Jul 2012)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series F - GreytHR | Valuation | IQ-EQ |
|
| Aug, 2024 | Amount | Series E - GreytHR | Valuation | New Enterprise Associates |
|
| Nov, 2023 | Amount | Series E - GreytHR | Valuation | GMO Payment Gateway |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Venture capital investments are offered to startups by NEA.
|
Founded Year | Domain | Location | |
|
Investment intelligence and portfolio services in finance.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by GreytHR
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - GreytHR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Greythr Comparisons
Competitors of GreytHR
GreytHR 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 Workday, Kronos, SuccessFactors, Justworks and Sage Group, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
|
|
| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based human capital management software is delivered globally.
|
|
| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
|
|
| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Greythr
Frequently Asked Questions about GreytHR
When was GreytHR founded?
GreytHR was founded in 1994 and raised its 1st funding round 18 years after it was founded.
Where is GreytHR located?
GreytHR is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of GreytHR?
Girish Rowjee is the current CEO of GreytHR. They have also founded this company.
Is GreytHR a funded company?
GreytHR is a funded company, having raised a total of $47.38M across 9 funding rounds to date. The company's 1st funding round was a Series E of $3M, raised on Jul 28, 2012.
How many employees does GreytHR have?
As of Aug 29, 2025, the latest employee count at GreytHR is 700.
What is the annual revenue of GreytHR?
Annual revenue of GreytHR is $8.99M as on Mar 31, 2023.
What does GreytHR do?
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.
Who are the top competitors of GreytHR?
GreytHR's top competitors include Workday, SuccessFactors and Sage Group.
What products or services does GreytHR offer?
GreytHR offers HR Software, Payroll Software, Leave Management, Attendance Management, and Performance Management.
Who are GreytHR's investors?
GreytHR has 10 investors. Key investors include Info Edge, Apax Partners, GMO Payment Gateway, IQ-EQ, and MegaDelta Capital.
What is GreytHR's valuation?
The valuation of GreytHR is $136.42M as of Sep 2024.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.