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Home Funding

HR tech firm Hush raises a fresh round of funding

StartUp Terminal Bureau by StartUp Terminal Bureau
January 8, 2021
in Funding
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HR tech firm Hush raises a fresh round of funding
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Ashutosh Dabral (L) and Umesh Joshi (R), Co-founders of Hush

New Delhi, India,
November 29, 2018 – Hush, employee-focused HR tech firm, raised a fresh round
of funding on the back of an unexpected growth in user acceptance of their
platform. Emerging as the go-to workplace app for employees from over 300
companies, Hush has also gained a higher number of employees within each
company ‘cohorts’. Existing investors, Accel, Shamik Sharma (Business Head at
Curefit), and an angel investor participated in the round. Additionally, the
company has added Nikhil Raj, Co-Founder of Paysa.com, to their advisory board.
The fresh raise will
strengthen the brand’s growth narrative and help them reach out to a wider
audience through the introduction of cutting-edge technology. Ranging from
career advice to various internal discussions, the platform has seen a wide
range of use cases over the course of time. With the inclusion of new-age tech,
Hush looks to create more features for employees to have access to.
At present, a user
spends an average of 10 minutes per day on the app. Moving forward, Hush
predicts the platform will onboard an additional 1000 companies within a year.
The company has also observed an uptick in the usage of their platform’s
newly-launched modules ‘Salary Data’ and ‘Career Advice.’
“One of our key
responsibilities at Hush is to deliver authentic data to employees about
various organisations so as to help them take better career decisions. The app
is also helping employees voice their opinions anonymously about issues that
they are facing in corporates, which provides valuable insights to employers
and helps them take important business decisions,” Ashutosh Dabral, Co-Founder
of Hush commented.
Dabral added, “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.”
Hush began as a
workplace discussion app for employees in September 2017. Now, it is on the
path to become a platform that can be a companion throughout an employee’s
career and help them move to the next level. In October 2018, they launched
their new website https://hush.company/ that aims to be an authentic source of
information about a company, including details such as salary levels, data
culture descriptions.
Hush entered the
market to tackle the growing need for employees to express their real opinions,
discuss pressing concerns, and pose difficult questions on topics that are
important to them on a common platform. As a lot of discussions on the platform
were about salary levels and career growth, Hush launched the new modules on
their website to better address user needs. The Hush platform now has
communities from 300+ companies and reliable salary data for 700+ companies
sourced from employees, HR professionals, and recruitment consultants. The
company is also building a large scale machine learning model to predict salary
levels and help people evaluate what salary they will be able to get based on
their skill levels. It also provides career advice to employees via a network
of experts.

Tags: FundingNewsStartup News
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Startup Terminal is a global news portal reporting news and analysis on technology, start-ups, and business-related news from all over the world. We exclusively feature entrepreneurs, startups, businesses, and technology companies to reach out to a wider audience. Contact us at editorial@startupterminal.com

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