Event Led Growth - Keka hr
πŸ“„

Event Led Growth - Keka hr

About Keka Hr :

  • Biggest Series A funded SaaS company in India.
  • Loved by 6500+ customers
  • PMF Achieved
  • Currently Scaling to Other Geographies ( Dubai , SEA , USA)
  • Stage of the Product : Early Scaling.


What does Keka do? - The Elevator Pitch πŸ“’

So, imagine that it’s that time of the month, and the whole HR and Finance departments are scrambling to finish the month’s end work with calculators clicking, numbers churning, pens waving, and cheques signing. and add a dab of monotony to it.

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And do so for 100, 200, or even 50 employees; the possibility of making a mistake is high, and the results of a mistake are a wrongly credited salary that can’t be asked back.

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Great, now add taxes to it.

Seems like a misery? Well, that’s because it is. And that is the core use case of the product.

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KekaHR is a painkiller tablet for organizations that helps avoid a ton of misery for the company and its employees by automating all the mundane HR and payroll tasks on a platform.

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Keka : Products and Features

  • Hiring & Onboarding
  • Core HR
  • Performance
  • Payroll
  • Time and Attendance
  • Time Sheet Software.​

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ELG Litmus Test:

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  • Pricing βœ… : Pricing is based on number of users. Hence Keka has a dual model. Low Volume , High ARPU for Enterprise Companies. High Volume, Low ARPU for SMBs
  • Sales Cycle
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Company type

Avg. Length of Sales cycle

Startup

2 weeks - 1 month

Mid-Size

2-3 months

Enterprise

4-6 months

CAC to LTV :

Understanding the problem and Nuances :

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MARKET


Company Stage

Competitors

Company Size

What do we need to solve for??

Event types

Goal of the event

Indian Market


1. PMF achieved
2. Serving more than 6500 customers. 3.Strong WOM and brand presence
4. Market leaders in SMB sector.

1. GreytHr. 2. ZingHr 3. RazorpayX 4. HROne

Small to Medium size companies(1-500 employees)

Since Keka has a strong brand presence and is a market leader in HR-Tech space, we need to solve for pipeline accelaration, retention, expansion .

1. HR summit.(Engage) 2. Masterclasses(Discover)

1. More closures. 2. More deals in sales pipeline.

Indian Market

1. PMF achieved 2. Serving more than 6500 customers. 3.Strong WOM and brand presence 4. Market leaders in SMB sector.

1. DarwinBox. 2. Oracle. 3. People Strong. 4. HROne

Enterprise Companies. (> 500)

Solve for trust, mind share, heart

1. HR Summit. (Engage) 2. Roundtables.(Engage)

1. Helping with ABM in closing Diamond accounts. 2. Engaging high ticket prospects and building connections with AEs 3. Solving for Trust and consideration. 4. Faster closures and shorter Sales cycle.

UAE

1. Just Entered the market, low market presence, brand recall and mind share. 2. WOM not present. 3. Strong competition from Oracle, Bayzat, DarwinBox, EmiratesHR etc.

1. DarwinBox. 2. Bayzat 3. Oracle 4. EmiratesHR 5. GulfHR

SMB and Enterprise

Solve for Trust and make the audience aware of the solution. Provide insights on key differentiators .

Weekly Masterclasses (Discover)

1. More leads. 2. More MEL. 3. Increase in pipeline 4. Increase in closures and Revenue.

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Hence we will be doing the following events:

  1. HR Huddle : This will be for both SMBs as well as Enterprise Accounts. SMBs will be invited as attendes along with Enterprise Accounts sitting on the lower end of the ticket size spectrum. For Diamond Enterprise Accounts , we will be trying to call them as speakers in these events to solve for brand engagement and help accelearate the ABM funnel.
  2. Bi-Monthly RoundTables : This will be done on a bi-weekly basis with Enterprise deals already in the sales pipeline to accelarate closures or with Accounts currently in the ABM funnel.
  3. Weekly Masterclasses: Weekly Masterclasses with industry leaders along with Case Studies to solve for discovery.

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HR Huddles:

Format :

A 6 month pilot project where we invite HR thought Leaders on a weekly basis and have engaging discussions with them regarding the most pressing issues happening today in the world of Employee Experiences / HR and position Keka as a thought Leader . We are aiming for around 24 such events over a 6 month period. This will be positioned a series and we are aiming for a total of 10,000 registrations for this event

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The Stratergy for calling thought Leaders for the event will be as follows: 1. 30 % β€”β†’ About 8 Sessions will be taking by HR leaders from Diamond Accounts. These will be HR leaders from our targeted ABM companies for India. The filter that we will be applying to select these leaders is how strong a brand name does their employer have rather than the number of followers the speakers have on Linkedin. We will trying to solve for revenue via them


2. 45 % β€”> About 10 Speakers that have a high reach / followers on linkedin . These could either be founder or HR Leaders. We will be trying to solve for distribution and registration via them.


3. 25 % β€”β€”> About 6 speakers from really big giants , that fall way above our ICP , but via them we will be trying to solve for Trust and Brand. Companies that could come up in this list are

1. Reliance.

2. HUL.

3. NetFlix.

4. SBI

5. Adani Groups.

6. LIC.

7. Semen Institute of India.

8. Raymond

9. WIPRO

10. ITC etc.

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IAP :


Criteria:

SMB

Enterprise

Company Size

1-500 employees

500-1000

Sector

IT, Healthcare, Financial Services, Retail, EV, HR Tech, COnsulting etc.

IT, Healthcare, Financial Services, Retail, EV, HR Tech, COnsulting etc.

Location of Headquarters

Tier 1 and Tier 2 cities

Tier 1 & Tier 2 cities

Designation

HR Manager, HR director, Founder, CFO.

HR Manager, HR director, Founder, CFO, CHRO.


Summarising the JTBD and friction points for our ICP:

JTBD


Aa IAP TYPE

JTBD

FRICTION TO DOING JTBD

TOPICS they would interested

KPIs

Audience Type

HR Manager

1. Recuritment of new Talent 2. Manage Attribution in talent Pool 3. Keep a great Employee experience 4. Keep the talent upto date with all promotion, hike and PH process. 5. Constantly Upskilling Talent. 6. Running Payroll at the end of the month.

1. Long cycles of recuritment and getting great talent can be a difficult and time taking process 2. Employee Managment and keeping a pulse check 3. Performance Managment. 4. Identifying skill gaps. 5. Lengthy process of running payroll.

1. How to find and hire the right kind of Talent. 2. How to manage employee engagement in a hybrid work environment?? 3. How to set up a robust performance managment system 4. The Role of HRs in shaping the business Stratergy

Employee Engagement,Monthly Reward and Recognition,Talent Pool Churn

Problem aware,Solution aware

CHRO

1. Recuritment of a High Performing Leadership Team and Retaining them. 2. Keeping Track on Roi of Employee Training Program 3. Tracking Performance of employees , quarter on quarter basis. 4. Keeping workforce highly engaged and motivated to work. 5. Analysing Trends in workforce and addressing any gaps.

1. Recuriting a high performing leadership team can be a very time consuming and tedious task, involving creating a great brand image and selling the story of the brand. 2. Keeping upto date with new trends and technologies and creating training programs accoringly. 3. Managing a learning managment system.

1. How can HR Leaders shape the business strategy. 2. How to create a winning team in the AI revolution. 3. Will AI take your job or will it make you more efficent?? 4. Company Culture and the Role CHRO’s Play in it.

Emplyement Retention Rate Benefits Satisfaction,E-NPS,Employee Retention Rate,Employee TurnOver Rate

Evaluators.,Urgency Unaware

Founder

1. Increase revenue of company. 2. Keep shareholders / investors happy with the progress / growth. 3. Hire and convince smart people to join the team. 4. Insuring increase in bottom line growth.

1. Mainatining growth and work life balance. 2. Keeping employees happy and satisfied. 3. Adapting to new tehnological changes.

1. How to build a high performance team?? 2. How to motivate team members to go the extra mile?? 3. Cultivating Culture in Remote Work Era??

NPS,Profit,Revenue

Evaluators.

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Trends

1. Emergence of AI and the threats to employement in all the verticals. 2. Automation of HR processes. 3. Gig Economy and Freelance Workforce. 4. Remote work Era 5. Data Driven HR

Problems

1. Need to manage Payroll every month. 2. Data Privacy and Security. 3. Continuous Peformance Managment 4. Employee Engagement 5. Talent Acquistion and Retention.

Career

Founders β€”β†’ Raise a better next funding round. CHROβ€”β†’ Get Better Oppurtunities and Appraisals. HR Managersβ€”β€”> Get promotions.

Skills

Stay on top of all new emerging HR best practices.

The Goal :


The Goal of the HR Summit is to establish Keka as an Industry Leader. Apart from solving for branding, heart share and mind share , the HR Huddle will help move the revenue needle in the following ways:

  1. We will be inviting SMB firms to the event as invitees. Small to medium size companies / early stage startups that are already there in the sales pipeline will be called for the event as invitees.
  2. Low ticket Enterprise accounts will also be called for the event along with high value diamond accounts part of the ABM outreach being called as speakers .

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Registrations β€”β€”> 10,000

. Deals booked from Registration (5%) β€”β€”> 500

. Conversion (10%) β€”β†’ 50

. Average MRR β€”> 10,000

. Total New Revenue β€”> 5 Lakhs. Converting 1 ABM account β€”β†’ 1 lakh

. Hence total increase in MRR β€”β†’ 6 Lakhs

. Total Increase in ARRβ€”β†’ 72 Lakhs

. Event Cost β€”β†’ 12 lakhs

. Cost : Revenue β€”β†’ 1:6


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Platform

Airmeet πŸ’ˆ

Keka would want events to bring people together and contribute towards their business goals. Airmeet gives us unique opportunities to connect with our customers, clients, and prospects to create brand awareness, brand impact, and brand recognition.

Airmeet is a great platform to create awareness, nurture leads and connect people. Keka believes in the power of demand generation, which is providing value to prospects and potential customers before asking them to sign for a Demo or use the platform.

Airmeet can easily handle 100,000+ live, concurrent attendees. The Speed networking feature will allow attendees to make connections, and Keka could leverage it to build their community. The Roundtable discussions feature β€“ Airmeet’s social lounge is highly effective for roundtable discussions and increased engagement.

Additionally, Airmeet is filled with features to engage with the virtual audience, like chat, networking, the ability to hop on a camera and ask questions, etc.

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The Speakers

SPEAKERS


AA Name

Stage of the company

Employer

Llnkedin Profile

Job Title/Hierarchy

Decission-Yes/No

What do they bring to the

Why will they agree to do

Benifits to Keka

Benifits to Speaker

Benifits to IAP

Topic they will speak on

Topic Expertise

Abillity to speak

Account Type

Dileep Joshi

Mature

EPL Limited

https://www.linkedin.com/in/dileep-joshi3611141/?originalSubdomain=in

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YES

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Mahendra Inge

MATURE

Serum Institute Of India

https://www.linkedin.com/in/mahendra-inge-5360308/?originalSubdomain=in


YES










MLN Patnaik-CHRO Raymond Lifestyle

MATURE

Raymond India

https://www.linkedin.com/in/mln-patnaik-73a98020/

Chief HR Officer

YES



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NIkhil Vohra,Head HR,Adani total gas

MATURE

Adani Total Gas

https://www.linkedin.com/in/nikhil-vohra-5a75588/

Head HR

YES










Pradeep Chavda, CHRO, Sodexo

MATURE

Sodexo

https://www.linkedin.com/in/pradeepchavda/

Chief HR Officer

YES










Saurabh Govil, CHRO, Wipro

MATURE

WIPRO

https://www.linkedin.com/in/saurabhgovil/

Chief HR Officer

YES










Neha Shrivastava-HR Head HighRadius

MATURE

HighRadius

https://www.linkedin.com/in/neha-srivastava-123a2221/

Hr Head

YES










Tanmaya Jain

EARLY STAGE

Infeedo

https://www.linkedin.com/in/tanmayajain/

Founder

YES










Harjeet Khanduja VP HR Reliance JIO

MATURE

Reliance Jio

https://www.linkedin.com/in/harjeetkhanduja/

VP Hr

YES










Abhishek Patil and Udayan Walvekar

EARLY STAGE

Growthx

https://www.linkedin.com/in/abhishpatil/

Founder

YES










Monika Gunalan

MATURE

Postman

https://www.linkedin.com/in/monikagunalan/

Head of People Ops

YES










Aditya Kohli- Chief HR Officer. Orient Electric

MATURE

Orient Electric

https://www.linkedin.com/in/aditya-kohli-1ab829/

Chief HR Officer

YES










Devender Sharma - VP and Head of HR Parijat Industries

MATURE

Parijat Industries

https://www.linkedin.com/in/rohitsuri/

VP and Head

YES










Rohit Suri - Head of Talent at Netflix India

MATURE

NETFLIX

https://www.linkedin.com/in/rohitsuri/

Head of Talent

YES

Seasoned HR Leader with over 25 years of experience in the HR Domain. Rohit has been speaking on some of the most pressing issues , revolving the HR domain for quite some time. He seems to have very strong believes around change managment and Employee Learning and Development

Distribution and Social Capital. Keka will help them reach 10,000 HRs and elevate thier personal brand by being in the company of TOP HR leaders from companies like Reliance and Adani Group.

1. With 25 years of experience in the HR industry , having Rohit on boarded will solve for trust, legitimacy and help create excitement. 2. His current employer has a huge reach and brand name although they don’t fall in Keka’s ICP.

1. Reach. 2. Social Capital to be speaking at an event to be attended by 10,000+ HRs

1. To be able to learn and listen to a vetted leader with 25+ years of experience. 2. Understand the importance of culture and the role of HR in shaping it. 3. Understand




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How to invite the Speakers??

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Hey Tanmaya Jain,

I'll be crisp.

We are curating speakers for HR Huddle, the biggest and longest Virtual event for HR Leaders. It will have a time span of 6 months and we will be having 24 speakers speak on the biggest issues for HR each week. More about this here. The stage will be shared by Harijeet Singh Kaur, Aditya Kohli & other HR leaders and founders of the ecosystem. This event is set to be attended by atleast 10,000+ folks. The idea is to position you as a thought leader in the HR Segment. The conversation theme is β€œAre HRs equipped to deal with the Remote work Era??”. The session will last for an hour on October 4th , friday. We would love to have you speak at the event. Looking forward to your response.

Thanks & Regards, Karan.

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How to solve for Event Distribution

Stage 1 :

Day β€”β†’ T - 45

We will need to have a meeting with the entire Revenue Group, Sales + Marketing and inform them that going forward they will have to share all the videos , that will be shared with respect to the event. Have an intern specifically looking after this. Along with that we will have to inform that we are taking an initiative to standardise everyone’s linkedin.


Standarisation of Linkedin will include:

1. Standard linkedin background.

2. Standarised professional photo.

3. All SDRs having similar Headline and current position.


Day β€”β€”β†’ T -35:


Linkedin Announcement with a video and the header:

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HR Huddles

Coming Soon …… ⏳

https://drive.google.com/file/d/17MMmI-bOndioN7wfR5JqEprPWatQr8t8/view

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Day β€”β†’ T - 30 :

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Proper Linkedin Annocement. Also revealing the name of a few speakers to create excitement.

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Linkedin Post :

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πŸš€ Elevate Your HR Insight with "HR Huddle" - Unveiling a New Era! 🌟

Greetings LinkedIn Community,

Prepare to be awestruck because we're about to launch something truly extraordinary – presenting "HR Huddle"! πŸŽ‰ Our mission? To revolutionize the way we decode today's HR challenges and reshape them into tomorrow's opportunities.

πŸ“… Mark Your Calendar: Commencing [Launch Date], a 6-month odyssey awaits. Each week, you'll be treated to a thought-provoking event that unites distinguished Founders and HR Leaders from India like Harjeet Khanduja: CHRO reliance, Tanmaya Jain - CEO Infeedo, Abhishek Patil and Udayan Walyekar- Founders Growthx, speak on today's most complex HR dilemmas.

🌐 The Purpose: In a rapidly evolving business panorama, the role of HR is undergoing an evolution of its own. "HR Huddle" is your VIP pass to a comprehensive exploration of topics like optimizing remote work, fostering diversity and inclusion, navigating talent acquisition in a digital world, enhancing employee well-being, and much more. Our goal is to empower you with insights that transcend conventional thinking and lead to tangible breakthroughs.

🎀 Meet the Visionaries: Our curated lineup of speakers represents a convergence of expertise and experience. Brace yourself for a symphony of perspectives, strategies, and success stories that have redefined the HR landscape.

Ready to unlock a treasure trove of knowledge? RSVP now and secure your seat at [Event Registration Link]. This is your chance to be part of a transformational journey that promises to reshape your HR approach.

Let's embark on this quest for innovation and excellence together. Spread the word, invite your peers, and let's make "HR Huddle" the nucleus of forward-looking HR insights.

See you at the inaugural session on [Launch Date]!

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Post the initial annoucement from day T-28. i.e about 4 weeks before the start of the event we will start rolling out one or two names of the speakers every couple of days who will be speaking at the event and will create a content flywheel as belows:

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Creating Content Loops:

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Lever 2 for distribution :

Email Campaigns:

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1. Get data of all HRs from CRM and run curated campaigns .

2. Change Email signature of all SDRs and AEs and add links for registration to event.

3. Display the event on the website with banners.

Lever 3 for distribution:

Partnerships


Main sponsors

Infeedo

Awards Sponsor

Xoxoday

Talent Acquistion sponsor

Naukri

Lever 4 for distribution:

Tiered access to events , with personalised swags and backstage access to a select few members + Referral Loops.

Number of Referrals

Incentive

One Referral

Get access to any one of the recordings for a week post the event.

Three Referrals

Get Personalised banners/ posters to share with your circle.

Five Referrals

Backstage access for any one of the guest sessions of your choice.

Ten Referrals

Access to all recordings for a month.

15 Referrals

Backstage passes for any 5 events

20 Referrals

Backstage passes for all the events.

Solving for Registration to attende funnel: (Incentive Circles)

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​Outer Incentive Circle :

  • No Recording Available.
  • Get a chance to connect with fellow HRs
  • Have your questions answered.

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Inner Incentive Circle :

  • Networking sessions/ Breakout Rooms with top HR Leaders.
  • Sharing exclusive pdfs / excel/ playbooks at the end of the event.
  • 3 Lucky members to get a chance to be on the spotlight and solve a problem with the guest speaker.
  • Keka Merchandises and certificate of completion for people who attend all the sessions.

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Event Structure :

Note : Here I am designing the event for the discussion by Tanmaya Jain on Are HRs equipped to deal with the Remote work Era??

Pre Event : 15 Mins Before the Event:

  1. Open the Zoom / meeting room. Give permit to all early joiners. Play songs in the background.
  2. Do ICe Breaker sessions, ask the goal of joining the event. Do Polls etc.

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Opening Act Design :

Introducing the speaker Tanmaya Jain, Founder Infeedo and building his character for the event and creating the buzz.

Lines at which the conversation needs to be built:

  1. Tanmaya Jain is building a product focused on the HR domain.
  2. He understands the problem of the HR like no one.


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Punch Lines to drop :

  1. The need for automating HR process and understanding the need for adopting tools to help HR.

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Solving for post event distribution of content:

  1. People who write the best summary of the event on linkedin will get cashprices/ amazon vouchers.
  2. Posting snippets














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