HuddleUp, which is an AI- driven platform, has successfully raised $550,000 in seed funding
- ByStartupStory | May 4, 2022
HuddleUp, which was founded in 2021, by Kshitij Mohan and Varun Varma, is an Artificial Intelligence platform which is driven by people’s success that help organizations retain their talent and also increase productivity.
In a recent announcement, the company claims to have successfully raised $550,000 from a pool of prominent investors which includes Anicut Capital who was leading investor, Blume Founders’ Fund, First Cheque, Huddle and Upsparks. Huddle Up also took on-board prominent founders and Angel Investors to strengthen their teams.
The funding will emancipate HuddleUp to build a strong and efficient team with industry-led experts which would put all its focus on accelerating growth in the Indian and global markets, which is also in line with its mission of making the work-life balance means for the employees with flexibility. The funds received would therefore help HuddleUp take the initial steps in this direction.
To keep up with its aims, HuddleUp has already grown 18 times in revenue over the span of 8 months with a user base of 10,000+ employees. As for the client portfolio, HuddleUp consists of dynamic-prominent enterprises such as Instamojo, StepSetGo, and ZestMoney, amongst others. With such aims and objectives, HuddleUp is on the road to expanding its footprints nationally as well as internationally.
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