Kredily, founded in 2017 and headquartered in India, is carving its niche in the Human Resources industry with its pioneering approach to HR and Payroll software for Digital India. The company offers a freemium model aimed at making HR and Payroll services accessible to India's massive 45 million strong SMB segment. This strategic model positions it uniquely in democratizing HR Tech and Fintech across the region.
The firm's employee-first monetization model is especially noteworthy, where financial products are targeted directly at the employees, thereby enhancing user engagement and potential revenue streams. As evidence of its traction and potential, Kredily has already onboarded over 18,000 companies within just two years.
Bolstered by early VC investments, including a notable last investment of INR 890,000 by HEM ANGELS as of March 1, 2023, Kredily presents an alluring opportunity for investors looking to tap into the burgeoning Indian tech landscape.