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Powerhouse Ventures leads $1.1 Mn round in Bigyellowfish

Employee experience platform Bigyellowfish has raised $1.1 million in its seed round led by Powerhouse Ventures with participation from Anicut Capital and Innoport. 

The proceeds will be used for global sales and marketing, ramping up software and platform capabilities, and R&D, Bigyellowfish said in a press release. 

Co-founded by Soma Sundar Gollakota and Kunal Pancholi, Bigyellowfish enables business leaders across safety, HR, operations and asset management with predictive signalling and decision support mechanisms that are valuable in decisions related to the human element at work 

Bigyellowfish claims to have grown four-folds since 2020. The company plans to double down and increase revenues from safety-intensive industries like maritime, aviation, oil and gas, manufacturing, and logistics and expand its operations across the US and the Middle East in the coming years.

Early-stage venture capital firm Powerhouse Ventures focuses on startups in India, the US and Southeast Asia. The company manages a portfolio of over 30 startups which includes Whatfix, Slintel, Gamezop, Recurrent, RenewaFi, Finite, NewsBytes and DailyRounds, among others.

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