inFeedo raises $700k from Y Combinator
SaaS based people analytics inFeedo raised $700k Y Combinator along with Dr Ritesh Malik, founder at OYO-acquired innov8, Peyush Bansal, CEO, Lenskart, Vinod Muthukrishnan, CEO, Cisco-acquired Cloudcherry, Anand Chandrasekaran, former Snapdeal executive and Facebook director. inFeedo aims to scale-up hiring to fill key management roles, and looking to expand its customer base to generate $10 million in revenue.
"In spite of running a cash flow positive business, our main aim to fundraise during the pandemic was to double down in South-East Asia and build a leadership team that helps customers remotely connect with their employees better and come out of covid-19 stronger than before," said Tanmaya Jain, CEO and Founder, inFeedo.
inFeedo claims to have users in more than 50 countries with over 100 customers including enterprises like Bharti Airtel Ltd., GE Healthcare, Nivea, Lenovo, AXA Affin General Insurance, Tata Group, Unilever, Puma, OYO.