Greytip Software, HR and payroll software solutions provider, has recently announced a new US$4.8 million (Rs 34.5 crores) in Series C funding from investors Info Edge and MegaDelta Capital.
The HR Tech firm will use the proceeds to grow from its current base of 9,000 clients and their 1 million employee touchpoints and expand its product, sales, and marketing operations to newer markets and geographies. The Saas based startup already has a presence in 150 plus cities spread across India and the Middle East regions.
With over 9,000 customers, Greytip is one of the largest players in the SMB HR tech space in India. With over two decades of market presence in this space, greytHR, with this new round of funding will now be able to further cement its leadership in the SMB segment by reaching out to millions of SMBs in India who are keen to adopt such digital products but are currently not served.
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