Talent assessment and analytics firm Jombay said it has raised funding from VentureWorks India, led by ex-Goldman Sachs MD Keshav Sanghi and the Chairman and founder of Systems Plus Group of companies, Nikunj Jhaveri. Jombay did not disclose the details of investment.
After establishing its product expertise in psychographic assessments for recruitment and promotions, this round will enable Jombay to build a 'people-first product engine' to fuel performance across organisations, it said in a statement. The company plans to extend its products right from the entry of employees in the company, to their learning and development, and performance management, it added.
Venture Works India will bring their operational expertise and network to Jombay, while the investment will also see Keshav Sanghi join Jombay s advisory board. "HR is at the cusp of change, and there lies a huge opportunity to disrupt the way companies engage with their employees throughout their lifetime in the organisation," Mohit Gundecha, co-founder and chief executive officer, Jombay said.
"We aim to connect and define the impact between behaviour and the bottom line. The operational expertise of Venture Works India will help us accelerate this growth," he added. Established in 2010 by Mohit Gundecha and Suruchi Wagh, Jombay has built a list of clients including HDFC Bank, Nestle, Infosys, PayTM, DSP BlackRock, Volkswagen, Mercedes Benz and Taj Hotels.
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