Rippling targets 2,000 employees in India after $450 Mn funding

Global HRtech company Rippling has expanded its presence in India with the opening of a second office in Bengaluru. The development follows its recent $450 million Series G funding round, which valued the company at $16.8 billion.

Rippling plans to increase its workforce in India from 1,000 to 2,000 employees over the next three years, the company said in a press release. The new office spans 100,000 square feet at Embassy Tech Village, a major IT park in the city, and will accommodate teams across engineering, product, sales, and customer support.

“Bangalore has always been a superpower for Rippling,” said Matt MacInnis, Rippling’s Chief Operating Officer. “We grew from 450 employees last year to over 1,000 today, and we’re continuing to scale rapidly. We take on some of our most important product work here, and we intend to keep expanding the autonomy and scope of this team.”

Rippling lets businesses manage HR, IT, and Finance in one place across the globe. It combines systems like payroll, expenses, benefits, and device management into a single platform. This allows companies to manage and automate the entire employee lifecycle from one system.

Founded in 2016 by Parker Conrad and Indian-origin entrepreneur Prasanna Shankar, the company has offices in San Francisco, New York, Austin, London, Dublin, Sydney, and Bengaluru. Shankar, however, departed in July 2020 and went on to launch the crypto startup 0xPPL in January 2023.

Since launching in India in 2017, Rippling has hired more than 20 former founders and entrepreneurs in the country to strengthen its leadership bench. Key hires include Ajay Chandra, principal engineer and former co-founder of Infibeam, and Nimish Bhonsale, senior director of engineering and former co-founder of Elda Health. In 2024, Rippling appointed former Walmart executive Mrinal Chatterjee as its country head.

Rippling claims to have crossed $100 million in annual recurring revenue and now supports over 20,000 customers through its growing portfolio of more than 20 products across HR, IT, and finance management. Its investor base includes Y Combinator, Elad Gil, Sands Capital, GIC, Goldman Sachs Growth, Coatue, Founders Fund, Greenoaks, and Dragoneer.