Qandle

Gurugram, India Founded: 2016 • Age: 10 yrs Acquired By Mynd Solutions
Cloud-based HR software solutions are provided for enterprises.
Annual revenue $568,762 Latest available
Total funding $1.2M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Qandle

Qandle is a company based in Gurugram (India) founded in 2016 by Himanshu Aggarwal and Chayan Mukhopadhyay was acquired by Mynd Solutions in April 2025. Qandle has raised $1.22 million across 2 funding rounds from investors including Mynd Solutions, Village Capital and Arun Chandra Mohan. Qandle offers products and services including HR Software, Payroll Software, Recruitment Software, Time and Attendance Software, and Leave Management System. Qandle operates in a competitive market with competitors including Workday, Kronos, Darwinbox, People Strong and Paylocity, among others.

  • Headquarter Gurugram, India
  • Founders Himanshu Aggarwal, Chayan Mukhopadhyay
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Digital Ecom Techno Private Limited
  • Date of Incorporation 17 Jun, 2016
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions → Unlock Sub-Sector → Unlock Segment
Key Metrics
  • Annual Revenue
    $568.76 K (USD)
    39.36
    as on Mar 31, 2024
  • Net Profit
    $18.62 K (USD)
    385.15
    as on Mar 31, 2024
  • EBITDA
    $23.91 K (USD)
    381.57
    as on Mar 31, 2024
  • Total Equity Funding
    $1.22 M (USD)

    in 2 rounds

  • Latest Funding Round
    $20 K (USD), Seed

    Jul 22, 2021

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Mynd Solutions

    (Apr 18, 2025)

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Products & Services of Qandle

Qandle offers a comprehensive portfolio of products and services, including HR Software, Payroll Software, Recruitment Software, Time and Attendance Software, and Leave Management System.

Product name locked
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Primary

Platform for comprehensive employee profile and process management

Product name locked
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Automates salary calculations and compliance for businesses

Product name locked
Category locked
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Streamlines hiring with applicant tracking and onboarding

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Monitors employee hours and leaves for accurate reporting

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Handles leave approvals and policy enforcement efficiently

Funding Insights of Qandle

Qandle has successfully raised a total of $1.22M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $20 thousand completed in July 2021. 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.

Investors in Qandle

Qandle has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Mynd Solutions, Village Capital and Arun Chandra Mohan.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Entrepreneurship support, ecosystem strengthening, and impact investing services are offered by Village Capital.
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Provides comprehensive e-commerce support services for businesses.
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Arun Chandra Mohan

Co-founder of Sauce.vc, angel investor, ex-Jabong and Unicommerce executive
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Investor details for Qandle

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Investments & Acquisitions by Qandle

Investments
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Investment portfolio details for Qandle

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Financial Statements - Qandle

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Detailed financials for Qandle

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Qandle Comparisons

Qandle Primary company
Description
Cloud-based HR software solutions are provided for enterpris...
Location
Gurugram, India
Founded Year
2016
Annual Revenue
$568.76 K (USD)
Net Profit
$18.62 K (USD)
EBITDA
$23.91 K (USD)
Employees
Not available
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Peer comparison for Qandle

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Competitors of Qandle

Qandle 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, Darwinbox, People Strong and Paylocity, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based HR and financial software is delivered to enterprises.
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HCM software solutions for enterprise workforce management are provided.
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Human capital management platform is provided for HR process automation.
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Cloud-based human resource management software is offered.
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Cloud-based payroll and HR solutions are provided for businesses.
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Cloud-based human capital management software is provided for enterprises.
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Detailed competitors of Qandle

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Latest news on Qandle

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Complete news archive for Qandle

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Frequently Asked Questions about Qandle

Qandle was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Qandle is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Chayan Mukhopadhyay is the current CEO of Qandle. They have also founded this company.

Qandle is a funded company, having raised a total of $1.22M across 2 funding rounds to date.

Annual revenue of Qandle is $568.76K as on Mar 31, 2024.

Qandle was founded in 2016 and is based in Gurugram, India, where cloud-based HR management software is developed for enterprises. Modules are included for recruitment, onboarding, employee lifecycle, leave and attendance, compensation, performance, payroll, travel benefits, collaboration, and workforce analytics. A chatbot assistant is integrated for administrative support. Operations follow a subscription-based pricing model in the HR technology sector.

Qandle's top competitors include Workday, SuccessFactors and GreytHR.

Qandle offers HR Software, Payroll Software, Recruitment Software, Time and Attendance Software, and Leave Management System.

Qandle has 4 investors. Key investors include Mynd Solutions, Village Capital, Arun Chandra Mohan, and RedwoodVentures.

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