greytHR
Greytip Software, operating as greytHR, is a Bengaluru-based cloud HRMS and payroll SaaS platform serving 30,000+ organizations managing 3.2 million+ employees across 25+ countries, with primary focus on the Indian market and 25+ years of statutory compliance expertise.
- Company typePrivate
- Founded2001
- HeadquartersBangalore, India
- Headcount5,001–10,000
- GTM typeB2B
- OfferingSoftware
What greytHR does
Greytip Software Private Limited, operating as greytHR, is a Bengaluru-headquartered cloud HRMS and payroll SaaS provider serving 30,000–34,000+ organizations that manage 3.2 million+ employees across 25+ countries, with primary concentration in India and active expansion into the Middle East, Southeast Asia, and Africa. The platform is structured as a full-suite HRMS covering the full employee lifecycle (onboarding through offboarding) and is composed of integrated modules — Payroll, Leave Management, Attendance Management (including GPS-based field tracking), Performance Management, Recruitment, Expense Management, Employee Engagement, and a mobile-first Employee Self-Service portal — plus the Unite Marketplace for third-party integrations. Underlying infrastructure is multi-tenant cloud SaaS with AI integration, most notably NAVOS, an agentic AI assistant launched in June 2026 that executes multi-step HR actions (payroll, leave, attendance, hiring) via natural-language commands inside the customer's existing role-based permissions; the platform carries ISO 27001:2013, SOC 2 Type 2, and GDPR certifications.
The company runs a hybrid go-to-market combining sales-led enterprise field sales with product-led growth through a free GreytHR Starter tier and self-serve onboarding. Revenue is generated via subscription licensing priced per active (non-resigned) employee, billed monthly or annually, with setup fees and dedicated implementation for enterprise tiers. The customer base is segmented across SMEs under 200 employees, mid-market (100–50,000), and enterprise (750–50,000+), with enterprise as the primary segment and Indian statutory compliance (PF, ESI, TDS, POSH, gratuity) as the core differentiator. In August 2024, Apax Digital Fund II acquired a 52.1% controlling stake, ending Greytip's status as an Info Edge associate and marking its largest investment to date. The product ecosystem is reinforced by community and content assets — greytHR Academy, greytribe Community, greytFM Podcast, HR Compliances Wiki, and the Resource Library — alongside 150+ admin reports.
greytHR firmographics
Firmographics- Name
- greytHR
- Legal name
- Greytip Software Pvt. Ltd.
- Website
- https://greythr.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Greytip Software, operating as greytHR, is a Bengaluru-based cloud HRMS and payroll SaaS platform serving 30,000+ organizations managing 3.2 million+ employees across 25+ countries, with primary focus on the Indian market and 25+ years of statutory compliance expertise.
- Ownership category
- akta.pro rank
greytHR industry classification
Industry- Product category
- Human Resource Management Software (HRMS)
- NAICS
- Payroll Services (541214), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Full-Service Payroll Processing (BPACAIAA)
- akta.pro secondary industry
- Contractor Management Systems (CMS) & Workforce Management (BPACAGAE)
Keywords
Where greytHR is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
greytHR business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription Licensing (SaaS): greytHR operates on a subscription fee model. Customers pay monthly subscription fees based on the number of non-resigned employees in the database. Pricing includes setup fees and monthly recurring charges. The service automatically renews at the end of each subscription period unless cancelled.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Others | GreytHR Starter (Free tier) |
| Subscription | Monthly | Paid Plans (All tiers include NAVOS) |
| Subscription | Annual | Enterprise Plans |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels11 records
greytHR product offering
Product offeringCore offering
greytHR is a full-suite, cloud-based HR and payroll software platform covering the entire employee lifecycle from onboarding to offboarding. It automates payroll processing, leave and attendance management, performance management, recruitment, expense management, and employee self-service, with built-in Indian statutory compliance (PF, ESI, TDS, POSH, gratuity) and an integrated Agentic AI assistant (NAVOS).
Product overview
greytHR is a full-suite cloud-based HRMS and payroll platform developed by Greytip Software, headquartered in Bengaluru, India. The platform operates as an integrated suite architecture comprising the core greytHR platform along with multiple integrated modules including Payroll, Leave Management, Attendance Management (with GPS Live Tracking), Performance Management, Employee Self Service Portal, Recruitment, Expense Management, Employee Engagement, and the Unite Marketplace for third-party integrations. The company has over 25 years of Indian statutory compliance expertise and serves organizations from 100 to 50,000+ employees across 25+ countries. In June 2026, greytHR launched NAVOS, an Agentic AI Assistant that provides autonomous task execution and knowledge retrieval capabilities directly within the HRMS platform. The product ecosystem is supported by supplementary services including greytHR Academy (training), greytribe Community (user forum), Resource Library, Podcasts, HR Compliances Wiki, and Service Status monitoring.
Differentiator
Problem solved
Functional benefit
Brands
- greytHR Academy: Only academy offering courses for HR & Payroll in India
- greytribe Community
- greytHR Resource Library
- greytFM Podcasts
- Parichay Webinars
- HR Compliances Wiki
- NAVOS
Products and services
- greytHR Platform Integrated cloud HRMS and payroll platform serving enterprises, mid-market firms, and SMEs in India and internationally, covering the entire employee lifecycle from onboarding to offboarding, payroll processing, leave and attendance, performance management, recruitment, and employee self-service.
- NAVOS Agentic AI Assistant integrated into the greytHR HRMS that enables HR teams to execute multi-step actions across payroll, core HR, leave and attendance, performance management, and recruitment via natural language commands, with grounded knowledge retrieval from the customer's own greytHR account.
- greytHR Payroll Enterprise payroll processing software that automates salary calculations, statutory compliance (PF, ESI, TDS, POSH, gratuity), and payslip generation for organizations ranging from 100 to 50,000+ employees, including multi-state and multi-entity payroll processing.
- greytHR Leave Management Leave management software providing leave tracking, multi-level approval workflows, leave balance management, and policy configuration for employees and managers within the greytHR HRMS suite.
- greytHR Attendance Management Attendance tracking module supporting multiple attendance capture methods, with added GPS Live Tracking capability for field workforce verification and shift/roster management within the greytHR HRMS suite.
- Unite Marketplace Third-party application marketplace within greytHR enabling customers to discover and integrate complementary HR and business tools to extend the HRMS platform's functionality.
Quantifiable outcome
- 34,000+ organizations managing 3.2 million+ employees across 25+ countries
- +1 more outcomes
Companies that use greytHR
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles2 records
greytHR technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature4 records
greytHR partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- StackGencoregreytHR adopted StackGen's Aiden platform to address observability challenges stemming from increasing service complexity and rapid international growth. The integration enables scalable observability for greytHR's high-growth SaaS platform. No financial details or contract terms were disclosed.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
greytHR competitors and assessment
Company assessmentDirect peers
- Darwinbox: Indian enterprise HRMS targeting 1,000+ employee companies with deep payroll and people analytics. Direct overlap with greytHR's enterprise segment (750–50,000+ employees) and strongest head-to-head in large Indian enterprise deals.
- Keka: India-based HRMS/payroll SaaS competing head-on with greytHR for Indian SMB and mid-market customers. Both serve hundreds-to-thousands of employee companies with Indian statutory compliance features, making the closest like-for-like competitor.
- Rippling: Modern, employee-data-unifying HR + IT + Payroll platform. Directly comparable product architecture (full-suite, mobile-first, app marketplace) and target expansion into India makes it a forward-looking competitive threat.
- PeopleStrong: Indian HR technology company focused on enterprise HR and talent management. Closely comparable customer segment (large Indian enterprises) and overlapping payroll + performance + recruitment footprint.
- Zoho People: HRMS module within Zoho's broader productivity suite; competes in SMB and mid-market on integration depth and price. Comparable as a horizontal HR/payroll platform serving multi-size customers in India and internationally.
Broad incumbents
- Workday: Enterprise HCM and payroll leader globally with active expansion into India. Comparable to greytHR's enterprise and mid-market segment from a product and customer-overlap standpoint, but with materially larger scale.
- Gusto: US-centric payroll + HR + benefits platform for SMBs. Comparable as full-suite payroll-led SaaS for smaller customers; not a direct India competitor but a useful benchmark on SMB pricing and bundling.
- BambooHR: Established SMB-focused HRIS with payroll add-ons in US/UK markets. Comparable as a horizontal employee record + payroll platform but serves different geography and tends to cap out at larger enterprise scale.
- ADP: Global payroll and HR services giant with established India presence. Overlaps at the high end on payroll accuracy, scale, and enterprise compliance, but ADP is broader and operates its own services infrastructure.
Emerging players
- Ramco Global Payroll: Indian-origin payroll and HCM vendor with explicit multi-country payroll positioning. Comparable in cross-border payroll ambitions and overlapping enterprise target market in India and Middle East.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
greytHR social profiles
Digital presencegreytHR compliance and trust
Trust signalCompliance3 records
greytHR financial estimates
Financial estimateRevenue estimate
Valuation estimate
greytHR leadership team
Management profileNumber of profiles
Profiles4 records
greytHR funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
greytHR M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about greytHR
What does greytHR do?
greytHR is a full-suite, cloud-based HR and payroll software platform covering the entire employee lifecycle from onboarding to offboarding. It automates payroll processing, leave and attendance management, performance management, recruitment, expense management, and employee self-service, with built-in Indian statutory compliance (PF, ESI, TDS, POSH, gratuity) and an integrated Agentic AI assistant (NAVOS).
Is greytHR a public or private company?
greytHR is a private company. It is classified as private equity controlled and is currently operating.
When was greytHR founded?
greytHR was founded in 2001. It employs 5,001 to 10,000 people.
Where is greytHR based?
greytHR is headquartered in Bangalore, India, in the Asia region.
How does greytHR make money?
One revenue line is on record: subscription Licensing (SaaS).
Who are greytHR's main competitors?
Direct peers on record are Darwinbox, Keka, Rippling, PeopleStrong and Zoho People. Broad incumbents are Workday, Gusto, BambooHR and ADP. Ramco Global Payroll is listed as an emerging player.
Does greytHR have an API?
No public API is recorded for greytHR.
What industry is greytHR in?
greytHR's product category is Human Resource Management Software (HRMS). Its primary akta.pro industry code is BPACAIAA, Full-Service Payroll Processing, with a secondary code of BPACAGAE, Contractor Management Systems (CMS) & Workforce Management. Its NAICS code is 541214 and its SIC code is 7370.