16 September 2016, India :
Employee engagement platform inFeedo raised an undisclosed amount of funding, led by Dheeraj Jain, managing partner Redcliffe Capital, a UK-based hedge fund. Palash Jain, a former Google India core operations head also participated in the round along with other high net-worth individuals (HNIs), Livemint reported.
Tanmaya Jain, founder of inFeedo said if HR and Data Science were to marry, inFeedo would be the baby. “Our platform can engage 5500+ employees, generate 1000+ ideas, host 10+ anonymous townhalls and predict attrition in ways that are humanly impossible,” he added.
“inFeedo is the next disruption, having aligned itself perfectly with the global shift towards people management. We have heard stellar feedback from their clients on how they have arrested attrition and helped boost employee productivity. It’s efficient SaaS model will enable them to manage culture in organisations across the globe,” said Jain, Redcliffe Capital.
Founded in 2013 by Tanmaya Jain and Varun Puri, inFeedo operates by providing chatbot software as SaaS to other businesses.
Focusing on employee engagement, inFeedo’s new chatbot Amber is being used in companies like MakeMyTrip, PayU, Lava Mobile, Knowlarity, RedBus and Nearbuy. Built on client feedback, this bot can now automatically talk to employees at specific intervals in their lifecycle and based on their chats, auto-generate culture reports for HR leaders to proactively meet those who’re unhappy, facing troubles or about to leave. Source- ET, Livemint