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HR SaaS Sector in Bengaluru

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About HR SaaS sector in Bengaluru, India

The HR SaaS sector in Bengaluru, India comprises 542 companies, including 117 funded companies having collectively raised $1.08B in venture capital money and private equity. Out of these, 45 are Series A+ funded.
HR SaaS sector in Bengaluru, India has seen 26 acquisitions.
This sector includes companies offering cloud-based solutions for HR professionals to manage their employees and day to day work.
Cloud-based HRMS, Payroll, Employee Engagement, Job Boards, Marketplaces, Performance Management Tools, other HR-related software Non-Cloud-based HR Solutions, Generic Cloud Infra Solution, Services Companies
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Acquisitions

Top HR SaaS Companies in Bengaluru, India

There are 542 HR SaaS startups in Bengaluru, India which include MoveInSync, GreytHR, Xoxoday, Sense, Awign. Out of these, 117 startups are funded, with 45 having secured Series A+ funding.
Over the past 10 years, an average of 26 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Kanpur, BITS Pilani and IIT Kharagpur.

Here is the list of top HR SaaS startups in Bengaluru, India

Provider of employee transportation management solutions. It offers a platform automating employee commutes, including home-to-office cabs, fixed-route shuttles, and corporate car rentals. The system features scheduling, routing optimization, real-time tracking, billing, and safety features. It integrates with existing fleet providers and other business systems, aiming to reduce transport costs and improve employee satisfaction. The platform also includes tools for managing workplace operations and enhancing employee experience.

Key facts about MoveInSync

Provider of cloud-based HRMS and payroll software. The software offers a suite of tools for managing human resources and payroll processes. Features include workforce management, employee relations, leave and attendance tracking, recruitment management and payroll processing. The platform also provides an employee self-service portal for tasks such as accessing payslips and managing leave requests. The software automates manual processes, manage efficiency in HR and payroll operations. It includes reporting capabilities and integrates with existing IT infrastructure. It is a tool available on the subscription based pricing model.

Key facts about GreytHR

Provider of AI powered loyalty, rewards, and employee engagement solutions. These solutions encompass customer loyalty management, rewards and incentive payouts, employee engagement platforms, sales commission management, and merchant offer management. The platform offers personalized rewards to foster loyalty and drive lasting relationships across various teams and initiatives. It automates processes such as incentive distribution, commission calculations, and offer management, providing real-time insights and analytics. The solutions are designed to improve customer retention, boost employee engagement, and enhance sales performance. The platform integrates with various systems, including CRMs and HRMS, and supports multiple currencies and languages.

Key facts about Xoxoday

  • Founded Year: 2012
  • Location: Bengaluru (India)
  • Stage: Acquired
  • Total Funding till date: $30.6M
  • Investors: Mahindra, Giift and 15 Others
  • Latest Funding Round: Series A, Feb 23, 2022, $*****
  • Tracxn Score: 72/100 What is this?
  • Competitors Rank: 2 of 115 Competitors
Provider of an AI-powered platform for talent engagement and recruiting. The platform offers automation of workflows, database cleanup, and interview scheduling. It features a talent CRM, AI chatbot, job matching, and candidate sourcing. The platform provides solutions for financial services, healthcare, logistics, manufacturing, retail, staffing, and technology sectors. Resources include blogs, reports, events, and templates.

Key facts about Sense

Cloud-based on demand internship platform for the multi industry. It allows candidates to view available internship opportunities and apply for vacancies. Once a candidate is selected for an internship after the interview, on job training is provided. The offering sectors include human resources, sales, logistics, etc. It is available to download from google play and the apple store.

Key facts about Awign

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.

Companies founded year-on-year in the HR SaaS sector in Bengaluru2026202520242023202220212020201920182017Founded Year01020304050Count of Number of Companies
  • 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.

Founded - 542
Funded - 117
Series A+ - 45
Series B+ - 32
Series C+ - 30
Company Stage
No. of companies
Founded
542
Funded
117
Series A+
45
Series B+
32
Series C+
30
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Top Investors in HR SaaS in Bengaluru

Accel is the top investor in HR SaaS companies in Bengaluru based on number of companies invested.
Here are some top investors in HR SaaS companies in Bengaluru:
Investor
Location
Top Portfolio Companies
Palo Alto (United States)
Cambridge (United States)
-
Redwood City (United States)
San Francisco (United States)
-
Bengaluru (India)
See a more detailed list of investors

M&A activity in HR SaaS sector in Bengaluru

In the year 2025, till November 2025, 3 acquisitions happened in HR SaaS sector in Bengaluru. Last year, in 2024, a total of 5 acquisitions happened in HR SaaS sector in Bengaluru.
Here are some recent, important acquisitions 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
See a more detailed list of acquisitions

Acquisition trends in HR SaaS sector in Bengaluru

Here are the acquisition trends in HR SaaS sector in Bengaluru:

Acquisition trends in HR SaaS sector in Bengaluru2026202520242023202220212020201920182017Acquisition Round Date (Yearly)0246810Number of Acquisitions
  • 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
-

Top News in HR SaaS in Bengaluru

greytHR Powers 3 Million Employees as HR SaaS LeaderBusiness News This WeekMay 19, 2025GreytHR
View all Top News for HR SaaS companies in Bengaluru

FAQs about HR SaaS sector in Bengaluru

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