COMPANY INTELLIGENCE PROFILE
Peopleprosper Technologies Private Limited
Bengaluru-based HR-tech/fintech SaaS company (2017); legal entity behind the Kredily HR & payroll platform and StaffApp.
Peopleprosper Technologies Private Limited, founded in 2017, is a Bengaluru-based HR-tech and fintech SaaS company. It operates Kredily, a freemium HRMS and payroll software, and StaffApp, serving around 20,000 companies. With a reported revenue of approximately Rs. 2.77 Cr for the fiscal year ending March 2024, the company is venture-backed with total funding of about $3.05M across ten rounds. The company was founded by Devendra Khandegar.
AI-generated, may contain errors.
Business Overview
- Peopleprosper Technologies operates Kredily, a freemium cloud HRMS and payroll software, attendance, leave, payroll, compliance, employee self-service, marketed to SMBs, plus StaffApp.
- Reported to serve ~20,000+ companies.
- Founded by Devendra Khandegar, IIT-Kanpur / IIM-Lucknow alumnus.
- DPIIT-recognised startup.
Sector & Classification
NIC/CIN class 74999 — "Other business activities"; operationally Information Technology / SaaS (HR-tech & fintech, HRMS & payroll software)
Directors & Key Management
Directors — source notes
Three directors (DINs from registrationwala): (1) Devendra Khandegar — DIN 06697940, founder, appointed 08 Feb 2017; (2) Devashish Fuloria — DIN 07309367, appointed 08 Feb 2017; (3) Krishnavataram Venkata Vinjamuri — DIN 08410987. DINs single-source (registrationwala); appointment dates for directors 1-2 from thecompanycheck.
GST Registrations
Primary GSTIN: 29AAICP9583G1ZP (Karnataka, state code 29). PAN: AAICP9583G. Registered 02 Aug 2017. Taxpayer type: Regular, Private Limited Company. Status: Active. Number of registrations found: 1 (Karnataka only). Confirmed via knowyourgst individual GSTIN page + piceapp.
Financials
Peopleprosper Technologies Private Limited reported standalone revenue of approximately Rs. 2.77 Cr for the fiscal year ending 31 March 2024, with a remarkable one-year revenue CAGR of 45%. For FY 2025, revenue grew by 38% year-on-year to approximately Rs. 3.82 Cr.
AI-generated, may contain errors.
- Standalone (unconsolidated), sourced from aggregators, thecompanycheck / Tracxn-fed search, not from a primary MCA filing: FY ending 31 Mar 2024 revenue ~Rs. 2.77 Cr, reported 1-yr revenue CAGR ~45%, EBITDA CAGR ~38%
- FY ending 31 Mar 2025 revenue ~Rs. 3.82 Cr, ~38% YoY growth. EBITDA, PAT, net worth and borrowings: not obtained, locked behind premium access. Figures partial — single-aggregator, not cross-confirmed against filed financials.
Funding History
- Venture-backed. Total funding reported ~$3.05M across ~10 rounds (Crunchbase). Seed round led by Fosun RZ Capital
- Latest reported round a Seed on 30 Aug 2024. Named investors: LetsVenture, We Founder Circle, Mumbai Angels, Fosun RZ Capital, plus angels Mohit Tandon, Delhivery co-founder, and Avinash Anand (ex-Zenefits). Round names/dates via Tracxn/Crunchbase
- Amounts single-source.
Loans & Charges
- No open charges / secured borrowings found, registrationwala reports none. "None found" — absence not independently confirmed against MCA index.
Legal & Compliance
- No litigation found on Indian Kanoon for "Peopleprosper Technologies", zero matching results. None found.
Competitive Landscape
- Indian HR/payroll SaaS peers: GreytHR (large), Keka HR (large), Darwinbox, large/enterprise, Zoho Payroll (large), RazorpayX Payroll (mid-large), Zimyo (mid), sumHR (small-mid), Pocket HRMS (small-mid).
- Kredily is small-scale (~Rs.
- 3-4 Cr revenue) versus these better-funded peers.
Frequently Asked Questions
What does Peopleprosper Technologies Private Limited do?
Peopleprosper Technologies is a Bengaluru-based HR-tech and fintech SaaS company that operates Kredily, a freemium cloud HRMS and payroll software platform, and StaffApp. It is marketed to SMBs and reportedly serves around 20,000 companies.
What is the CIN of Peopleprosper Technologies Private Limited?
The Corporate Identification Number (CIN) of Peopleprosper Technologies Private Limited is U74999KA2017PTC100344.
What is the GSTIN of Peopleprosper Technologies Private Limited?
The primary GST Identification Number (GSTIN) for Peopleprosper Technologies Private Limited is 29AAICP9583G1ZP, registered in Karnataka.
When was Peopleprosper Technologies Private Limited incorporated?
Peopleprosper Technologies Private Limited was incorporated on 08 February 2017.
What is the registered office address of Peopleprosper Technologies Private Limited?
The registered office address of Peopleprosper Technologies Private Limited is #434, J.R. Arcade / No. 451, 2nd Floor, 17th Cross, HSR Layout, Sector 4, Bengaluru South, Karnataka 560102.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.