ProHance

Bengaluru, India Founded: 2009 • Age: 17 yrs Acquired By ChrysCapital
Cloud-based workforce analytics and performance management software is delivered.
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About ProHance

ProHance is a company based in Bengaluru (India) founded in 2009 by Rajesh Sharma and Kishore Reddy was acquired by ChrysCapital in November 2023.. ProHance offers products and services including Work Time, Work Output, Workflow Management, Advanced Analytics, and Asset Optimization. ProHance operates in a competitive market with competitors including Cornerstone, Korn Ferry, Visier, ActiveOps and ActivTrak, among others.

  • Headquarter Bengaluru, India
  • Founders Rajesh Sharma, Kishore Reddy
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Jamocha Tech Private Limited
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    ChrysCapital

    (Nov 08, 2023)

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Products & Services of ProHance

ProHance offers a comprehensive portfolio of products and services, including Work Time, Work Output, Workflow Management, Advanced Analytics, and Asset Optimization. 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.

Primary

Tracks employee time usage for efficiency analysis.

Quantifies output metrics to improve performance.

Streamlines processes and reduces inefficiencies.

Offers data-driven decisions for operations.

Manages assets to maximize utilization.

People of ProHance
Headcount 50-200
Employee Profiles 54
Employee Profiles
People
Khiv Singh
Senior Vice President
People
Ankur Dhingra
Chief Executive Officer
People
Nitin Paniker
Vice President – India Enterprise Sales
People
Rajesh Sharma
Co-founder & COO

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Funding Insights of ProHance

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2014 Amount Seed - ProHance Valuation Microsoft Accelerator
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 ProHance

ProHance has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Microsoft Accelerator and ChrysCapital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Enterprise startups are accelerated through Microsoft's global mentoring program.
Founded Year Domain Location
Investment firm focusing on private equity in sectors like financial services and healthcare.
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 ProHance

Investments
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 - ProHance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Prohance Comparisons

Employees
+
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Competitors of ProHance

ProHance 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 Cornerstone, Korn Ferry, Visier, ActiveOps and ActivTrak, 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 HRMS platform powered by AI for workforce management.
domain founded_year HQ Location
Talent acquisition and consulting services are provided globally.
domain founded_year HQ Location
Cloud-based workforce analytics and planning software is offered.
domain founded_year HQ Location
Operations performance management is delivered for organizations.
domain founded_year HQ Location
Workforce analytics solutions are provided for employee monitoring and productivity.
domain founded_year HQ Location
Cloud-based solutions for workforce analytics are delivered.
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 Prohance

Frequently Asked Questions about ProHance

When was ProHance founded?

ProHance was founded in 2009 and raised its 1st funding round 5 years after it was founded.

Where is ProHance located?

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

Who is the current CEO of ProHance?

Kishore Reddy is the current CEO of ProHance. They have also founded this company.

What does ProHance do?

ProHance was founded in 2009 in Bengaluru, India, as a provider of cloud-based workforce analytics software. Operations focus on performance management through modules including work time management, output management, workflow management, and screen recording. Features encompass real-time activity tracking and productivity analysis. The solution serves clients such as Cognizant, Sutherland, Tesco, Mindtree, Acusis, Sundaram Business Services, and Kantar in the technology sector.

Who are the top competitors of ProHance?

ProHance's top competitors include Cornerstone, Korn Ferry and Visier.

What products or services does ProHance offer?

ProHance offers Work Time, Work Output, Workflow Management, Advanced Analytics, and Asset Optimization.

Who are ProHance's investors?

ProHance has 2 investors. Key investors include Microsoft Accelerator, and ChrysCapital.

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