Bengaluru-based Indian community workplace discussion app Hush has raised an additional ₹4.5 crore in funding from existing investors including Accel Partners and Shamik Sharma, former CTO of Myntra and current Business Head at Curefit.
Furthermore, Nikhil Raj, Co-Founder of Paysa.com, has joined Hush’s advisory board.
The funds raised will be used to build technology, expand its team, build better features, and grow its user base.
HR tech startup Hush was founded by former Yahoo employees Ashutosh Dabral and Umesh Joshi in October 2017. The app aims to help make the workplaces better by providing a platform for employees to share their honest opinions anonymously.
The app is looking to provide a comprehensive platform for employee engagement and career feedback, to also help the employees in their career growth.
Talking about the investment, Ashutosh Dabral, Co-Founder of Hush, said, “We are extremely thrilled to have received support from Accel as it adds a lot of credibility to our existing business model. Excited with the increased demand from our consumers, our fresh raise is focused on expanding our technology to include a wider range of audiences with more use cases. The expanded capital base will also help us build better features, expand the team, and develop the platform’s user base.”
The app helps over 40,000 employees across more than 300 companies, including Flipkart, Ola, Amazon, Swiggy, Microsoft, and Infosys, among many others. With a user spending an average of 10 minutes in a day on its app, it aims to onboard 1,000 companies, over the next year.
Earlier this year in August 2018, Hush raised seed funding from Accel Partners, Sanjay Nadkarni, Country Manager of Houzz India and founder of BabyOye, along with other angel investors.
Other HRtech startups in the Indian market include Belong, Darwinbox, EdGE Networks, and HackerEarth, among many others.