Indian workplace discussion app Hush raised INR 4.5 crores in funding from existing investors Accel Partners and Shamik Sharma, former CTO of Myntra and current Business Head at Curefit. Post the investment, Nikhil Raj, co-founder of Paysa.com will join Hush’s advisory board.
The Bengaluru-based firm will use the freshly raised capital to build its technology, expand its team, introduce new features and market its product to grow its user base.
Founded by former Yahoo employees Ashutosh Dabral and Umesh Sharma in 2017, the tech startup provides a platform for employees to share honest reviews about the workplace anonymously to make the culture better.
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 about 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 claims to have 40,000 employees from more than 300 companies like Flipkart, Swiggy, Microsoft, Infosys and Amazon currently using the platform. Every user spends an average of 10 minutes on the app. By the end of next year, the firm will onboard more than 1,000 companies on its platform.
Earlier in August this year, the firm raised funds from Accel Partners, Sanjay Nadkarni, country manager of Houzz India and founder of BabyOye, along with other angel investors. Hush competes with Belong, Drawinbox, EdGE Networks and HackerEarth indirectly among many others.