TankhaPay

Delhi, India Founded: 2017 • Age: 9 yrs
Provider of cloud based HR and payroll software solutions

About TankhaPay

TankhaPay is a Technology company based in Delhi (India) founded in 2017 by Sukhneet Kaur and Sarabjit Singh. Provider of cloud based HR and payroll software solutions. TankhaPay has raised $2.7 million across 1 funding round from investors including ELAN. Its website tankhapay.com draws about 41 thousand monthly visits. Its Indian entity Akal Information Systems Limited reported revenue of β‚Ή198 Cr. TankhaPay offers products and services including Payroll Management, Attendance Tracking, HR Management, and Social Security Services. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite. Its competitors include People Strong, Darwinbox and GreytHR; 3 of its 3 listed competitors have raised funding.

Company details

TankhaPay was founded in 2017 in Delhi, India, as a provider of cloud-based HR and payroll software. The platform is used to automate employee onboarding, attendance tracking, payroll calculations, compliance management, and applicant tracking. Additional features include social security handling, apprentice management, and training development. Operations focus on streamlining workforce management tasks within the HR technology sector.

  • Headquarters Delhi, India
  • Founders Sukhneet Kaur, Sarabjit Singh
  • Sectors
    Technology
  • Website category Finance · Accounting and Auditing
  • Email
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  • Phone
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  • Website tankhapay.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Akal Information Systems Limited
  • Date of Incorporation 25 Jan, 2000
  • Jurisdiction Delhi, India
Key Metrics
  • Annual Revenue
    ₹198 Cr

    FY 2025 · +69% YoY

  • Net Profit
    ₹5.02 Cr

    FY 2025 · 3% margin

  • EBITDA
    ₹12.16 Cr

    FY 2025 · 6% margin

  • Total Equity Funding
    $2.7M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.7M (USD), Seed

    Jun 2023

  • Investors

Products & Services of TankhaPay

TankhaPay offers a comprehensive portfolio of products and services, including Payroll Management, Attendance Tracking, HR Management, and Social Security Services.

Payroll Management
HR Software

Automates payroll calculations for accurate and timely payments.

Attendance Tracking
Employee Monitoring

Tracks attendance using face recognition and geo-smart features.

HR Management
Employee Management

Handles onboarding, performance, and compliance tasks efficiently.

Social Security Services
Compliance Software

Manages social security benefits and workforce regulations.

Apps and channels of TankhaPay

TankhaPay publishes 1 mobile app with over 10K+ downloads.

TankhaPay
Google Play Business Everyone Free 10K+ downloads
Developer: Akal Information Systems Limited
View on Google Play

Funding Insights of TankhaPay

TankhaPay has successfully raised a total of $2.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.7 million completed in June 2023. 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 $2.7M
  • Total Rounds 1
  • Last Round Seed β€” $2.7M
  • First Round $2.7M

    (Jun 2023)

  • Investors Count 1

All 1 funding rounds of TankhaPay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2023$2.7MSeed––
Valuation history

1 investors in total: 1 institutional.

Investors in TankhaPay

TankhaPay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ELAN.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Business consignment, staffing, and hospital management services are provided.
1995kkelan.comMatsumoto, Japan
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Investor details for TankhaPay

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Board of directors of Akal Information Systems Limited (TankhaPay)

Akal Information Systems Limited is the primary company behind TankhaPay. The board of Akal Information Systems Limited currently have 4 directors; the longest-serving is Sukhneet Kaur, appointed in 2000. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sukhneet Kaur
DIN 00083287
Whole-time director25 Jan 200026 yrs 8 moAkal Information Systems Limited
Sarabjit Singh
DIN 00083223
Managing Director25 Jan 200026 yrs 8 moAkal Information Systems Limited
Bakshin Kaur
DIN 10619287
Director06 May 20242 yrs 5 moAkal Information Systems Limited
Neha Gupta
DIN 07633844
Director01 Mar 20251 yr 7 moAkal Information Systems Limited

People of TankhaPay

2 people are tracked at TankhaPay (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-Founder & MDLeadership
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Financials of TankhaPay

Figures of Akal Information Systems Limited, the primary company behind TankhaPay, for FY 2025. Revenue was ₹198 Cr (+69% year on year). Net profit was ₹5.02 Cr (3% margin). EBITDA was ₹12.16 Cr (6% margin). Revenue has grown at a compounded annual rate of +1% over three years and +20% over five years.

  • ₹198 CrRevenue · FY 2025 · +69% YoY
  • ₹5.02 CrNet profit · 3% margin
  • ₹12.16 CrEBITDA · 6% margin
  • ₹75.5 LakhPaid-up capital
  • 8,603Employees (provident fund records)
  • +1%Revenue CAGR, 3 years
  • +20%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Akal Information Systems Limited are on its company page.

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Detailed financial statements for TankhaPay

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

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Timeline of TankhaPay

2 dated milestones of TankhaPay across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded TankhaPay is founded.
  2. Funding First funding round of $2.7M.

Competitors of TankhaPay

TankhaPay has 3 listed competitors in our database, 3 of them funded. They include People Strong, Darwinbox and GreytHR.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
peoplestrong.com2005Gurugram, India$30.68M998
Cloud-based human resource management software is offered.
darwinbox.com2015Hyderabad, India$143.97M1,022
Human capital management platform is provided for HR process automation.
greythr.com1994Bengaluru, India$46.87M767
Cloud-based HRMS and payroll software solutions are provided.
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Detailed competitors of TankhaPay

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Web traffic of TankhaPay

The website of TankhaPay (tankhapay.com) receives about 41K visits a month and ranks #761,682 among all websites worldwide, #1,889 in Accounting and Auditing.

  • Monthly visits
    41K

    ▼ 8.1% vs previous month

  • Unique visitors
    23.7K

    per month

  • Global rank
    #761,682

    among all websites

  • Category rank
    #1,889

    Finance · Accounting and Auditing

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
factohr.com
100%
263.3K#152,211View details
chhotacfo.com
98%
#1,658,216View details
techguruplus.com
95%
#225,774View details
exceldatapro.com
exceldatapro.com
90%
#412,703–
asanify.com
89%
85.9K#433,964View details
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for TankhaPay

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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Tankhapay

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Complete news archive for TankhaPay

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Frequently Asked Questions about TankhaPay

TankhaPay was founded in 2017 and raised its 1st funding round 6 years after it was founded.

TankhaPay is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

TankhaPay is a funded company, having raised a total of $2.7M across 1 funding round to date. The company's 1st funding round was a Seed of $2.7M, raised on Jun 2023.

The primary company behind TankhaPay, Akal Information Systems Limited, reported revenue of β‚Ή198 Cr for FY 2025, up 69% year on year.

TankhaPay was founded in 2017 in Delhi, India, as a provider of cloud-based HR and payroll software. The platform is used to automate employee onboarding, attendance tracking, payroll calculations, compliance management, and applicant tracking. Additional features include social security handling, apprentice management, and training development. Operations focus on streamlining workforce management tasks within the HR technology sector.

TankhaPay's top competitors include GreytHR, People Strong and Darwinbox.

TankhaPay offers Payroll Management, Attendance Tracking, HR Management, and Social Security Services.

TankhaPay has 1 investor. Key investors include ELAN.

TankhaPay operates through Akal Information Systems Limited.

The legal entities of TankhaPay currently have 4 directors, including Sukhneet Kaur, Sarabjit Singh, Neha Gupta and others.

Yes. TankhaPay publishes TankhaPay, with over 10,000 downloads.

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