What factoHR does

factoHR is an India-headquartered (Rajkot, with offices in Mumbai, Bengaluru, and Hyderabad) cloud-based, AI-enabled HRMS provider serving 4,000+ organizations that manage 2.7 million employees across 20+ countries. Its core platform delivers a hire-to-retire HCM suite organized into two clusters: (1) operational modules covering recruitment, onboarding, attendance, payroll, leave, OKR-based performance management, LMS, travel and expense, employee self-service, mobile apps, and timesheets; and (2) retirement benefit trust solutions covering PF, gratuity, pension, superannuation, GPF, benevolent fund, and unexempted PF trusts. The technical stack is a mobile-first SaaS platform hosted on SOC 2 Type 2 certified cloud infrastructure with ISO 27001 and ISO 9001 certifications, and embeds AI capabilities including face recognition for attendance, geo-fencing, an NLP chatbot for HR queries, predictive workforce analytics, sentiment analysis, and generative AI features.

The business model is subscription-based SaaS with annual billing, quote-based pricing tiered by organization size (SMB, mid-market, and enterprise for 1,000+ employees), supplemented by professional services for implementation and customization. Go-to-market combines a product-led growth motion (free trials, mobile self-serve) with a sales-led inside and field sales motion targeting HR heads and CXOs, plus co-sell distribution through the Microsoft Azure Marketplace and an SAP partnership. The customer base is anchored by large enterprise logos including Tata Steel, Wipro, Siemens, Mercedes-Benz, Bajaj, Titan, Hitachi, L&T Construction, Tata Capital, Blue Dart, and GHCL, balanced against a long tail of SMB and mid-market customers across manufacturing, IT, healthcare, retail, BFSI, automotive, and NGO verticals. The company is privately held with no disclosed funding, VC/PE investors, or revenue, led by co-founder and CEO Aniruddh Nagodara, co-founder and CTO Niraj Karelia, and co-founder Aditya Nagodara.

Name

factoHR

Legal name

factoHR

Website

https://factohr.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

251–500 employees

Short description

factoHR is an India-based cloud HRMS platform providing payroll, attendance, performance management, and retirement benefit trust solutions to 4,000+ organizations managing 2.7 million employees across 20+ countries, with embedded AI features including face recognition and predictive analytics.

Ownership category

akta.pro rank

Product category

Human Resource Management Software (HRMS)

NAICS

Human Resources Consulting Services (541612), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Employment Agencies (7361)

akta.pro primary industry

Core HR & HRIS (BPACAPAA)

akta.pro secondary industries

Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB), HR Service Delivery, Case Management & Employee Self-Service (BPACAPAL), Human Capital Management (HCM) & Payroll Platforms (HDAEAEAJ), Employee Helpdesk / HR Service Center (Tier 1) (BPAAAIAH), HRIS/HCM Implementation & EOR Platform Services (BPACAHAJ)

Keywords

• HRMS software
• Payroll software
• Attendance management
• Recruitment management
• Retirement benefits trust

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription (HRMS Platform): factoHR operates as a cloud-based SaaS platform offering subscription-based access to its comprehensive HRMS suite. The platform includes modules for payroll, attendance, performance management, employee self-service, and retirement benefits. Pricing is quote-based, tiered by organization size and feature requirements.
2. Professional Services: Implementation, onboarding support, and customization services for enterprise deployments, particularly for complex multi-location organizations requiring tailored configurations.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

factoHR provides a cloud-based, AI-powered Human Resource Management System (HRMS) delivered as a SaaS subscription to organizations ranging from startups to large enterprises. The platform centralizes the full employee lifecycle through modules for recruitment, onboarding, attendance, payroll, leave, performance management (OKR-based), learning, expense, employee self-service, and retirement benefit trust administration (PF, gratuity, pension, superannuation). The platform is mobile-first, supports multi-state Indian statutory compliance, and serves 4,000+ customers managing 2.7 million employees across 20+ countries.

Product overview

factoHR is an AI-powered, cloud-based HR and payroll software platform built for Indian businesses, serving organizations from startups to large enterprises. The core HRMS platform (factoHR HRMS) serves as the central backbone, integrating all HR functions through modules covering the full employee lifecycle from recruitment through retirement. The product portfolio is organized into two main clusters: (1) Core HCM modules including Recruitment Software, Employee Onboarding, Attendance Management, Payroll Software, Leave Management, Performance Management (OKR-based), Learning Management System, Travel & Expense Management, Employee Self-Service Portal, Mobile App, and Timesheet Software; and (2) Retirement Benefit Trust solutions covering PF Software, Gratuity Management, Superannuation Fund Trust, Benevolent Fund Trust, Pension Management, GPF Trust, and Unexempted PF Trust. The platform also embeds AI capabilities including face recognition for attendance, an AI chatbot for HR query resolution, predictive workforce analytics in the HR dashboard, and generative AI features. factoHR operates as a unified all-in-one HCM suite with a mobile-first design, serving 4,000+ customers across 2.7 million employees in 20+ countries.

Differentiator

Problem solved

Functional benefit

Products and services

• factoHR HRMS (Core Platform) Central cloud-based HRMS that serves as the backbone of HR operations, providing a unified employee database, automated workflows, digitized document handling, and role-based access control spanning the full employee lifecycle for organizations of all sizes.

Quantifiable outcome

• 40% productivity increase for manufacturing customers
• +3 more outcomes

Named customers18 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• MicrosoftcoreTechnology or IntegrationfactoHR is co-sell-ready and transactable software available on Microsoft Azure Marketplace. The partnership enables the company to reach enterprise customers through Microsoft's sales ecosystem and enables hybrid workplace solutions with complete hire-to-retire HCM functionality delivered through Azure's cloud infrastructure.
• SAPcoreTechnology or IntegrationfactoHR has partnered with SAP to provide HRMS, payroll, attendance, and entire retirement benefit solutions on SAP's various platforms. The partnership enables employees to have better digital experience with 24/7 access to information and data through a mobile app, and provides insightful analytics for c-suites.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Darwinbox: Direct competitor in the Indian cloud HRMS market, selling a unified HCM suite to mid-market and enterprise customers. factoHR explicitly runs comparison pages against Darwinbox, indicating head-to-head competition for the same buyer personas.
• Keka: India-focused HR and payroll SaaS platform targeting SMB and mid-market with payroll, attendance, and performance modules. Directly comparable to factoHR on product breadth, target segment, and pricing transparency.
• greytHR: Indian HR and payroll software provider strong in SMB and compliance-heavy deployments. Directly competes with factoHR on payroll, PF, and statutory compliance, and is named in factoHR's comparison set.
• ZingHR: Cloud HRMS platform serving Indian enterprises with hire-to-retire functionality. Direct competitor also explicitly named on factoHR's comparison pages for shared target customers.
• Qandle: Indian HRMS SaaS player focused on SMB and mid-market with payroll and attendance modules. Listed among factoHR's named competitors, serving overlapping customer segments.

Broad incumbents

• Zoho People: Part of Zoho's broader business application suite, Zoho People offers HCM capabilities with global reach and transparent SMB pricing. Competes with factoHR especially in cost-sensitive SMB and startup segments.
• SAP SuccessFactors: Global enterprise HCM suite from SAP and a factoHR technology partner. Competes with factoHR at the enterprise tier while also representing an integration/upstream channel for joint deals.
• ADP: Global payroll and HCM incumbent with deep multi-country payroll capability. Comparable to factoHR on payroll core but operates at materially larger scale with established enterprise and global customers.
• Workday: Enterprise cloud HCM and finance platform. Overlaps with factoHR on HCM functionality for large enterprise accounts, particularly multinationals in factoHR's customer base.

Regional players

• BambooHR: SMB-focused HRIS primarily serving North America and select international markets. Comparable product architecture and SMB-first positioning, but operates in a different geography from factoHR.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/factohr
• Facebookfacebook.com/factohr

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about factoHR