inFeedo announced that it had raised $12 million in a funding round led by Jungle Ventures, Tiger Global and existing investors like Bling Capital, Zeta founder Bhavin Turakhia, Sreedhar Peddineni, Ankur Warikoo and Suman Gopalan, CHRO, and Freshworks. The company said that it has tripled its valuation in less than 18 months and has scheduled its second ESOP buyback for all employees. “The priorities for the next two years are four-pronged. Firstly, we aim to triple our product line. We also plan to quadruple revenue and double our team,” Tanmaya Jain, co-founder, inFeedo said.

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Founded in 2016 by Jain and Varun Puri, the company has an AI bot that helps with people analytics, predicting attrition, burnout and disengagement in top talent. The company currently works with over 175 firms across 60 countries. “We are excited to partner with the inFeedo team. We believe they will be a leader in the employee listening market,” John Curtius, Partner at Tiger Global, said. The company will also work at accelerating its growth in India and South-East Asia while expanding its presence in North America, Jain said.