About Workex
Workex is a company based in Bengaluru (India) founded in 2017 by Tarun Baloch and Anupam Acharya. Workex has raised $6.9 million across 6 funding rounds from investors including Pravega Ventures, Michael & Susan Dell Foundation and Brittman. The company has 4,097 employees as of March 22, 2024. Workex operates in a competitive market with competitors including Workday, Kronos, People Strong, Paylocity and Ceridian, among others.
- Headquarter Bengaluru, India
- Employees 4097 as on 22 Mar, 2024
- Founders Tarun Baloch, Anupam Acharya
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Workex Solutions And Services Private Limited
- Date of Incorporation 01 Feb, 2017
- Jurisdiction Rewari, Haryana, India
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Annual Revenue
$18.42 M (USD)40.24as on Mar 31, 2023
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Net Profit
-$984.58 K (USD)3.64as on Mar 31, 2023
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EBITDA
-$871.64 K (USD)11.47as on Mar 31, 2023
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Total Equity Funding
$6.9 M (USD)
in 6 rounds
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Latest Funding Round
Not available
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Investors
Pravega Ventures
& 18 more
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Employee Count
4097
as on Mar 22, 2024
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Funding Insights of Workex
Workex has successfully raised a total of $6.9M across 6 strategic funding rounds. 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 Workex
Workex has secured backing from 19 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Pravega Ventures, Michael & Susan Dell Foundation and Brittman.
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Financial services, strategic advisory, and partnerships in investments.
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Offers staffing, payroll processing, and compliance services for businesses.
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Investor details for Workex
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Investments & Acquisitions by Workex
Investment portfolio details for Workex
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Financial Statements - Workex
Detailed financials for Workex
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Workex Comparisons
Peer comparison for Workex
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Competitors of Workex
Workex 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, People Strong, Paylocity and Ceridian, 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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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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Cloud-based human capital management software is delivered globally.
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Detailed competitors of Workex
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Latest news on Workex
Complete news archive for Workex
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Frequently Asked Questions about Workex
Workex was founded in 2017.
Workex is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Workex is a funded company, having raised a total of $6.9M across 6 funding rounds to date.
As of Mar 22, 2024, the latest employee count at Workex is 4,097.
Annual revenue of Workex is $18.42M as on Mar 31, 2023.
Workex was founded in 2017 in Bengaluru, India, within the HR technology sector. The platform is utilized for recruitment from a broad candidate pool, staff management across industries, and payroll automation. Hiring processes are streamlined, while tools for real-time attendance tracking, leave handling, overtime calculation, and bonus distribution are integrated. Compliance requirements are addressed, and administrative tasks are reduced for businesses operating in various sectors.
Workex's top competitors include Workday, SuccessFactors and GreytHR.
Workex has 19 investors. Key investors include Pravega Ventures, Michael & Susan Dell Foundation, Brittman, Mekin Maheshwari, and Abhishek Goyal.
The valuation of Workex is $35.91M as of Aug 2021.