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Infeedo Raises $12 Million From Jungle Ventures, Tiger Global

Mar 15, 2022over 3 years ago

Amount Raised

$12 Million

Pune

Description

Pune: Employee engagement platform inFeedo said on Tuesday that it has raised $12 million in a funding round led by Jungle Ventures, with participation from Tiger Global and existing investors like Bling Capital.

Company Information

Company

In Feedo

Location

Pune, Maharashtra, India

About

The company said that it has tripled its valuation in less than 18 months and has scheduled its second ESOP buyback for all employees. The company is currently hiring for 140 remote roles across functions in Southeast Asia, India and the US. Set up in 2016 by Jain and Varun Puri, the US-headquartered company has an AI bot which helps with people analytics, helping predict attrition, burnout and disengagement in top talent. The company currently works with over 175 enterprises across 60 countries, including Tata Group, Godrej, Samsung and Lenovo. StoriesThe company would also work at accelerating its growth in India and South East Asia while expanding its presence in North America, Jain said. Employee engagement platform inFeedo said on Tuesday that it has raised $12 million in a funding round led by Jungle Ventures, with participation from Tiger Global and existing investors like Bling Capital.

FundzWatch™ Score

73
Medium Activity

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