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.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Peopleprosper Technologies Private Limited |
|---|---|
| CIN | U74999KA2017PTC100344 |
| PAN | AAICP9583G (derived from GSTIN 29AAICP9583G1ZP; not independently confirmed on a filing) |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 08 February 2017 (thecompanycheck, registrationwala, Kredily corporate profile agree; one search snippet showing "08 Dec 2017" is treated as erroneous) |
| ROC | RoC-Bangalore (Karnataka) |
| Sector (NIC) | NIC/CIN class 74999 — "Other business activities"; operationally Information Technology / SaaS (HR-tech & fintech, HRMS & payroll software) |
| Registered address | Registered office reported as #434, J.R. Arcade / No. 451, 2nd Floor, 17th Cross, HSR Layout, Sector 4, Bengaluru South, Karnataka 560102. (GST principal place of business listed separately as AMR Tech Park, Block 1 Level 1, 23-24 Hosur Road, Bommanahalli, Bengaluru 560068 — likely operational office.) |
| Authorized capital | Rs. 10,00,000 (Rs. 10 lakh) |
| Paid-up capital | Approx. Rs. 1.76–1.94 lakh — sources conflict: Rs. 1,76,040 (registrationwala), Rs. 1,92,890 (search/vakilsearch), Rs. 1.94 lakh (thecompanycheck). Likely reflects different filing dates. Treat as ~Rs. 1.9 lakh, partial. |
Business Overview
Confirmed- 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
Directors
Partial / conflictingThree 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
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AAICP9583G1ZP | Karnataka | AAICP9583G (derived from GSTIN 29AAICP9583G1ZP; not independently confirmed on a filing) | Active |
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
Partial / conflicting- 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
Partial / conflicting- 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
Competitors
Partial / conflicting- 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
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