India: SHEROES buys online counselling platform LoveDoctor; inFeedo raises funds from HNIs

Photo: Reuters/Amit Dave

In two developments in Indian startup space, career portal for woman acquires online counselling platform LoveDoctor while employee engagement portal inFeedo raises funding.

SHEROES buys online counselling platform LoveDoctor

SHEROES, the career portal for women owned and operated by Delhi-based Applied Life Pvt. Ltd, acquired an online counselling platform, LoveDoctor.in, for an undisclosed amount, the company said in a statement on Thursday.

Avani Parekh, founder and chief executive officer, LoveDoctor.in, will join SHEROES as director of community and empathy, and focus on building a career helpline #AskMonica to counsel and guide women.

“SHEROES already offers mentoring and career helpline support to its community and this (purchase of LoveDoctor.in) will integrate with those efforts. Women need to navigate several issues, as they navigate their work and life and having LoveDoctor become part of the SHEROES family will help us address those needs,” said Sairee Chahal, founder SHEROES.

Operating for over two years, LoveDoctor.in provides love, relationship, and sexual health counselling through web-based chat messenger, email, SMS and through messaging mobile application, WhatsApp.

“I hope that through this merger women feel safe, supported, and heard every single day through our counselling and other support channels… we know that women have questions about love, relationships and sex too—but are shy, scared, or fear retaliation if they ask,” said Parekh in a statement.

inFeedo raises funds from HNIs

Employee engagement platform inFeedo raised an undisclosed amount of funding, led by Dheeraj Jain, managing partner Redcliffe Capital, a UK-based hedge fund.

Palash Jain, a former Google India core operations head also participated in the round along with other high net-worth individuals (HNIs), Radcliffe said in a statement on Friday.

The company plans to use the funds for international expansion, invest in technology and human resources.

“We have heard stellar feedback from their (inFeedo’s) clients on how they have arrested attrition and helped boost employee productivity. It’s efficient SaaS (software as a service) model will enable them to manage culture in organisations across the globe,” said Dheeraj.

Founded in 2013 by Tanmaya Jain and Varun Puri, inFeedo operates by providing chatbot software as SaaS to other businesses.

The chatbot called Amber “talks to employees at specific intervals in their lifecycle (of the job) and based on their chats, auto generate culture reports for HR (human resource) leaders to proactively meet those who’re unhappy, facing troubles or about to leave”, said the company.

A chatbot is a messaging software based on artificial intelligence technology that can converse with human users.

Also read:

Start-up emergency funding gets a fancy name in pre-series A

India Dealbook: Lumis Partners leads $1.8m funding in Sheroes; Daily Ninja raises pre-Series A funding

These stories were first published on Livemint.com

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.