.
MergerLinks Header Logo

New Deal


Announced

Completed

WestBridge Capital led a $57m Series A funding round in Keka.

Financials

Edit Data
Transaction Value£49m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Acquisition

India

Completed

Digital Services

Single Bidder

Minority

Cross Border

Friendly

Private Equity

hr technology

Synopsis

Edit

WestBridge Capital, a private equity firm, led a $57m Series A funding round in Keka, a HR tech firm. “I believe we raised funding at the right time. We have been the fastest-growing HR tech leader in our space. Although we got several offers for funding in the past, we never felt the timing was right. Finding the right investment partner was also very important for us. We wanted to partner with someone who had a long-term vision for the HR tech space. I am happy that we found the right investing partner in WestBridge Capital. This is not just about securing funding; it is also a validation of our ideas and approach in a world where many funded businesses are struggling to survive,” Vijay Yalamanchili, Keka CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US