COMPANY INTELLIGENCE PROFILE

Peopleprosper Technologies Private Limited

Peopleprosper Technologies operates Kredily, a freemium cloud HRMS and payroll software (attendance, leave, payroll, compliance, employee self-service) marketed to SMBs, plus StaffApp.

ActiveUnlisted (private limited company)RoC-Bangalore (Karnataka)

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

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.

Shareholding

Detailed cap table not obtained (locked on aggregators). Held by founders and the venture/angel investors listed under funding. Partial.

Loans & Charges

No open charges / secured borrowings found (registrationwala reports none). "None found" — absence not independently confirmed against MCA index.

Credit Ratings

None found (no CRISIL / ICRA / CARE rating located).

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 operates Kredily, a freemium cloud HRMS and payroll software (attendance, leave, payroll, compliance, employee self-service) marketed to SMBs, plus StaffApp.

What is the CIN of Peopleprosper Technologies Private Limited?

Peopleprosper Technologies Private Limited's Corporate Identification Number (CIN) is U74999KA2017PTC100344.

When was Peopleprosper Technologies Private Limited incorporated?

Peopleprosper Technologies Private Limited was incorporated on 08 February 2017 (thecompanycheck, registrationwala, Kredily corporate profile agree; one search snippet showing "08 Dec 2017" is treated as erroneous) and is registered with RoC-Bangalore (Karnataka).

Who are the directors of Peopleprosper Technologies Private Limited?

Directors on record include Devendra Khandegar (DIN 06697940); Devashish Fuloria (DIN 07309367); Krishnavataram Venkata Vinjamuri (DIN 08410987).

Where is Peopleprosper Technologies Private Limited registered?

The registered office of Peopleprosper Technologies Private Limited is at 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.).

Information compiled from public registry and secondary sources (as of 2026-07-28). It may be incomplete or dated; verify independently before relying on it. Known gaps: EBITDA/PAT/net worth/borrowings not obtained (premium-locked); paid-up capital conflicts across sources; DINs single-source (registrationwala); PAN derived from GSTIN not confirmed on a filing; detailed shareholding/cap table locked; Tofler and Falconebiz pages not fetchable; funding amount single-source (Crunchbase).