HuddleUp, a Bangalore, India-based AI-backed talent retention platform, raised $550,000 in seed funding led by alternate asset management fund, Anicut Capital.

The funding round saw participation from Blume Founders’ Fund First Cheque, Huddle, and early-stage venture fund Upsparks.

Several marquee founders and angel investors like Ritesh Malik (Founder of Innov8), Gireesh S (Founder and CEO of Freshworks), Rajesh Sawhney (Founder and CEO of GSF Accelerator), and Mandeep Manocha (Co-Founder and CEO of Cashify), also participated in the funding round.

The raised funds will be to build a larger team and for expansion in India and global markets.

Company: PeopleMint AI Pvt. Ltd. 

Raised: $550.0K

Round: Seed Round

Funding Month: May 2022

Lead Investors: Anicut Capital

Additional Investors: Blume Founders’ Fund First Cheque, Huddle, Upsparks, Ritesh Malik, Gireesh S, Rajesh Sawhney, and Mandeep Manocha

Company Website: https://huddleup.ai/

Software Category: AI-based team culture platform

About the Company: Founded by Kshitij Mohan and Varun Varma in 2021, HuddleUp is an AI-based team culture platform focused on enabling managers to build stronger, happier teams. It's a team's hub to share their work experiences, connect over candid conversations & grow together. The startup helps organizations retain top talent and increase productivity through continuous check-ins, suggested 1-on-1s, intelligent real-time experience analytics, manager learnings, gamified kudos, and more. 

Source: https://thestartuplab.in/talent-retention-platform-huddleup-raises-550000-in-seed-funding/