San Jose based employees social networking start-up, Mesh announced on 20th August, 2020, that it has raised an undisclosed amount of funding from Silicon Valley’s most influential startup incubators, Y Combinator.
The founders of CleverTap, Cure match and Meesho also took the participation in the funding round in addition to US seed-stage fund Liquid 2 Ventures. Angel investors like Xiaomi Indonesia head Alvin Tse, Sumon Sadhu – who has beforehand backed startups like Benchling and Cleartax and Immad Akhund, Mercury founder participated in the round.
“At present, corporates typically use two disparate platforms, one for managing their monthly and quarterly goals, and another one for managing their daily and weekly deliverables. We are offering both in a central place, thereby making performance management a simple, ongoing habit rather than a forced, periodic process” CEO Saurabh Nangia.
Established in March 2020, by Gaurav Chaubey, Saurabh Nangia and Rahul Singh, the startup is developing an inner social Platform as a Service (PaaS) for firms that makes it easier for employees to understand their per day and weekly duties, get well timed suggestions from managers and handle lengthy phase objectives.
The objectives assigns into smaller or extra granular motion gadgets by people or their managers and sure delicate objectives can be marked personal.
The startup additionally has a Facebook-like social feed that supports staff work together with their co-employees, to recreate a bodily workplace surroundings. Users can share their work progress in addition to like and touch upon their co-employees’ progress on the feed.
Mr Nangia mentioned that optimistic and positive suggestions is shared publicly on the feed by default, on the other hand constructive and negative suggestions are delivered solely to the particular person.
Mesh claims that they are planning to combine information from third occasion platforms such as buyers relationship administration platform onto the feed.
Mr Nangia further said, “The goal is to capture real-time data about employees and start giving these insights back to both employees, as well as the leaders and the managers within the company.”
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