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Flock CEO Bhavin Turakhia has further invested about $25 Mn in the communication app. The investment will be done to enhance product innovation and meet global demand.
“Since Flock entered the market, we’ve experienced significant global traction and 200% growth. Accelerated demand for the need to increase efficiency across teams has provided us with every reason to continue to expand globally and for me to prepare to invest additional capital,” said Bhavin.
Flock is an enterprise messaging app and platform launched in 2014 by Bhavin Turakhia. The recent funding is in addition to Bhavin’s original $20 Mn investment.
Flock has reportedly expanded their presence to the US, Brazil, UK, Russia, and Spain while providing native language support.
Talking about the multilingual support, Bhavin said, “At Flock, we are deeply committed to enhancing team and organisational productivity. Surveys and interviews with our global users clearly demonstrated that over 80% of professionals prefer using software in their native language. We immediately made it a priority to develop multilingual support for our users worldwide.”
With reportedly over 500K downloads Flock claims to have over 50K weekly active users. Currently used by over 25,000 companies for communication at work, their clientele includes teams at 1mg, Gini & Jony, Yepme, Ricoh, Tim Hortons, Whirlpool, Victorinox, etc.
As per a company statement, the latest version comes with ‘Public Channels’ to make it easier for users to discover and join conversations within the team that interest them. It also introduced two native apps to help users improve efficiency and task management – shared to-dos to create and assign tasks, with due dates and ‘My Favourites’, to bookmark important messages, files, or links in a chat.
In September 2016 it was reported that Turakhia brothers-led technology company Directi, was planning to invest $110 Mn in four newer ventures including Ringo, Flock, Radix and Zeta. Bhavin along with Divyank Turakhia founded Directi in 1998. The Directi Group is a conglomerate of tech companies operating across India, USA, China, Dubai and Europe with current revenues up to $300 Mn.
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