FactoHR

FactoHR
Industry
  • Software as a service
  • Cloud computing
FoundedApril 2016
FounderAniruddh Nagodara
HeadquartersRajkot, Gujarat, India
Services
Websitefactohr.com

factoHR is a cloud-based Human Resource Management System (HRMS) developed by Version Systems Private Limited, an HRTech SaaS company co-founded by CEO Aniruddh Nagodra and CTO Niraj Karelia.[1][2][3]

The company's headquarter is located at Rajkot, Gujarat, India, and its registered office is at Navi Mumbai, Maharashtra, India.[2]

History

factoHR was released in April 2016 to offer HR management services to organizations.[4]

Version Systems has been bootstrapped since its inception, operating without external funding.[4]

Version Systems has partnered with Microsoft and SAP to offer factoHR on their respective platforms - Microsoft Azure Marketplace and SAP Marketplace.[5][6][7]

In 2020, factoHR reported $1.17M in revenue.[2]

By 2024, factoHR reported serving approximately 3,500 customers and 2.6 million users.[4]

factoHR's headquarters is in Rajkot, Gujarat, India, with offices in Navi Mumbai, Maharashtra, Bengaluru, and Hyderabad.[1][2][4][3]

factoHR provides solutions for automating various HR functions, including payroll and performance management, attendance tracking, Employee self-service portal, and mobile application.[1][5][7]

References

  1. ^ a b c Correspondent, Parul. "Exclusive Interview with CEO of factoHR, Mr. Aniruddh Nagodara on HR Trends in 2024". siliconindia. Retrieved 2024-11-21. {{cite web}}: |last= has generic name (help)
  2. ^ a b c d "factoHR - Company Profile - Tracxn". tracxn.com. 2024-11-01. Retrieved 2024-11-21.
  3. ^ a b "Version Systems Private Limited Information - Version Systems Private Limited Company Profile, Version Systems Private Limited News on The Economic Times". The Economic Times. Retrieved 2024-12-02.
  4. ^ a b c d "factoHR's Odyssey: First Bootstrapped HRTech Company to Cross 2.6 Million Users". Mid-day. 2023-09-18. Retrieved 2024-11-21.
  5. ^ a b "Microsoft Azure Marketplace". azuremarketplace.microsoft.com. Retrieved 2024-11-21.
  6. ^ Alford, Christine (Jul 27, 2021). "New transactable offers from factoHR, HYAS, and Rookout in Azure Marketplace". Microsoft Techcommunity.
  7. ^ a b "SAP Partner Finder". partnerfinder.sap.com. Retrieved 2024-11-21.

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