Former Jabong MD invests in HR tech startup Qandle
Qandle, a cloud-based HR management and employee engagement platform for small and medium-sized businesses (SMBs), has raised $1.2 million (Rs 7.7 crore) in pre-Series A funding led by Hong Kong-headquartered venture capital firm Redwood Internet Ventures Ltd reported VC Circle
The website reported that a senior Qandle executive informed that Arun Chandra Mohan, former managing director at fashion e-tailer Jabong and ex-venture partner at Rocket Internet, had also participated in the round.
Gurgaon-headquartered HR start up offers an end-to-end HR solution covering core HR, talent management, goals and feedback, performance reviews, expense management, and payroll, among others.
According to the report, the company will use the fresh funds to invest in product and market expansion, Mukhopadhyay said to the website.