Since the launch of Bash.ai a year ago, both the companies have worked together on several projects.
Gurugram-based HR-tech startup, Bash.ai, which uses artificial intelligence and machine learning to improve HR processes and employee experiences, has acqui-hired tech startup, Wemo.
Though the financials of the transaction have not been disclosed, the acqui-hiring deal will see both the teams merging into one. This is expected to provide additional benefits to clients of both companies —Wemo and Bash.ai.
In the past one year, since the launch of Bash.ai, both the companies have worked together on several projects.
“Wemo’s immensely talented team of UX designers will join our team that is focused on building products designed to empower businesses. The acqui-hire will open newer avenues of work for both Bash and
Wemo and create new opportunities for brands targeting the new set of billions of users coming online,” said Barkha Sharma, chief executive and founder, Bash.ai.
Wemo is a creative development agency for design and product-related requirements. The startup works with many companies, such as Videocon, W for Woman, Godrej, Tata, Centre for Policy Research, Choko La, Fashion at Big Bazaar, I Say Organic and the DDB Mundra Group.
Bash.ai was founded by Barkha Sharma in March 2017. It is an HR chatbot, which uses artificial intelligence and machine learning to improve HR processes and employee experiences. The chatbot is available on major platforms including Facebook, Messenger and Slack.
Bash.ai competes with Edge Networks, Skillate, Darwinbox, PeopleStrong among others in the HR-Tech space, where there have been mergers and acquisitions.
Last month, Indian SaaS (software-as-a-service) HR technology and solutions provider, PeopleStrong, acquired GrownOut— a B2B SaaS referral platform— for an undisclosed amount in an all-cash deal.
Post this acquisition, the Company’s SaaS HR technology, PeopleStrong Alt, claims to be the only global recruitment product from India offering everything powered by machine learning under one roof—right from sourcing to match making, to offer generation and onboarding.
Value our content... contribute towards our growth. Even a small contribution a month would be of great help for us.
Since eight years, we have been serving the industry through daily news and stories. Our content is free for all and we plan to keep it that way.
Support HRKatha. Pay Here (All it takes is a minute)
Both unknown struggling companies decided to merge to survive a bit longer. Meh