About HR SaaS sector in Bengaluru, India
Top HR SaaS Companies in Bengaluru, India
Here is the list of top HR SaaS startups in Bengaluru, India

1. MoveInSync
Key facts about MoveInSync
- Founded Year: 2009
- Location: Bengaluru (India)
- Stage: Series C
- Total Funding till date: $31.9M
- Investors: Nexus Venture Partners, Saama Capital and 19 Others
- Latest Funding Round: Series C, Jan 29, 2024, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 1 of 39 Competitors
2. GreytHR
Key facts about GreytHR
- Founded Year: 1994
- Location: Bengaluru (India)
- Stage: Acquired
- Total Funding till date: $47.4M
- Investors: New Enterprise Associates, Info Edge and 14 Others
- Latest Funding Round: Series F, Sep 03, 2024, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 4 of 3,057 Competitors
3. Xoxoday
Key facts about Xoxoday

4. Sense
Key facts about Sense
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series D
- Total Funding till date: $90M
- Investors: Google Ventures, Accel and 10 Others
- Latest Funding Round: Series D, Dec 05, 2021, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 1 of 106 Competitors

5. Awign
Key facts about Awign
- Founded Year: 2016
- Location: Bengaluru (India)
- Stage: Acquired
- Total Funding till date: $28.8M
- Investors: Capria, Michael & Susan Dell Foundation and 55 Others
- Latest Funding Round: Series B, Apr 02, 2024, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 1 of 48 Competitors
Companies founded year-on-year in the HR SaaS sector in Bengaluru
48 HR SaaS startups in Bengaluru were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 10 |
2024 | 21 |
2023 | 28 |
2022 | 26 |
2021 | 22 |
2020 | 48 |
2019 | 40 |
2018 | 31 |
2017 | 35 |
Stage-wise distribution of HR SaaS sector companies in Bengaluru
Out of the total 542 HR SaaS companies in Bengaluru, 117 have secured funding. Among them, 45 have reached Series A or higher, and 32 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 542 |
Funded | 117 |
Series A+ | 45 |
Series B+ | 32 |
Series C+ | 30 |
Funding Trends in the HR SaaS sector in Bengaluru
Total funding year-on-year in the HR SaaS sector in Bengaluru
The HR SaaS sector in Bengaluru saw a total funding of more than $1.03B in the last 10 years. The most amount of funding was in 2022 at more than $354M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $21.6M |
2024 | $95.2M |
2023 | $53.9M |
2022 | $354M |
2021 | $283M |
2020 | $76.1M |
2019 | $43.5M |
2018 | $68.2M |
2017 | $11.5M |
Recent Funding Rounds in HR SaaS in Bengaluru
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 3409 | Dec 09, 2025 | ||
Series A | 2496 | Sep 10, 2025 | ||
Seed | 3172 | May 15, 2025 | - | |
Series A | 7848 | Apr 25, 2025 | ||
Seed | 6902 | Mar 27, 2025 |
Top Investors in HR SaaS in Bengaluru
Investor | Location | Top Portfolio Companies |
|---|---|---|
Palo Alto (United States) | ||
Cambridge (United States) | - | |
Redwood City (United States) | MoveInSync and Sense | |
San Francisco (United States) | - | |
Bengaluru (India) |
M&A activity in HR SaaS sector in Bengaluru
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 04, 2025 | ||
Business Acquisition | Aug 01, 2025 | ||
Business Acquisition | Feb 06, 2025 | ||
Business Acquisition | Sep 30, 2024 | ||
Business Acquisition | Aug 28, 2024 |
Acquisition trends in HR SaaS sector in Bengaluru
Here are the acquisition trends in HR SaaS sector in Bengaluru:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 3 |
2024 | 5 |
2023 | 4 |
2022 | 6 |
2021 | 3 |
2020 | - |
2019 | 2 |
2018 | 1 |
2017 | - |
Colleges which produce the most HR SaaS companies in Bengaluru
Companies founded by alumni from top colleges in the HR SaaS in Bengaluru
Most number of HR SaaS startups in Bengaluru have been founded by alumni from IIT Kanpur, BITS Pilani and IIT Kharagpur.
College | No. of companies |
|---|---|
IIT Kanpur | 15 |
BITS Pilani | 12 |
IIT Kharagpur | 10 |
IIT Delhi | 9 |
IIM Bangalore | 8 |
IIM Calcutta | 7 |
IIT Madras | 6 |
IIM Ahmedabad | 5 |
IIT Guwahati | 5 |
IIT Roorkee | 5 |
Total funding in HR SaaS companies founded by alumni from top colleges in Bengaluru
In the last 10 years, Stanford University graduates' HR SaaS companies in Bengaluru have raised the most funding among top colleges. IIT Madras alumni are second, and University of California (Los Angeles) alumni are third.
College | Total Funding |
|---|---|
Stanford University | $171M |
IIT Madras | $155M |
University of California (Los Angeles) | $150M |
Yale University | $150M |
IIT Guwahati | $107M |
BIT Mesra | $97.9M |
BITS Mesra | $97.9M |
Kellogg School of Management | $97.9M |
Massachusetts Institute of Technology | $83.1M |
MIT Sloan School of Management | $79.5M |