xto10x, a Saas consultancy co-founded by Binny Bansal, Saikiran Krishnamurthy and Neeraj Aggarwal, has reportedly acquired SaaS-based HR-tech start-up, Dockabl.
The acquisition strengthens xto10x’s product suite that includes 10xGoals (OKR strategy to execution platform) and 10xPeople (employee sentiment analysis and engagement platform).
The full suite will now allow a comprehensive solution for organizations to align company objectives, link them to employees’ performance, and manage feedback reviews, all on one single platform.
Speaking on the acquisition, Saikiran Krishnamurthy, Co-founder, xto10x, said, “Dockabl is an ‘easy and simple to use’ performance management tool for all organizations to adopt. Given the ease with which it can adapt into multiple design choices, the tool can become the preferred employee performance management tool for startups and enterprises alike.”
Founded in 2018, xto10x helps organisations scale their businesses across 10 key pillars such as business design, Objectives and Key Results (OKRs), people and culture and operational excellence. It has worked with more than 150 brands including Cred, Licious, Meesho, ClearTax, Dunzo, upGrad, SuprDaily, Hopscotch and Sterlite.
Dockabl, which was established in 2017, drives business performance and organizational culture with its core capabilities in employee performance management. Their current set of clients includes Becton, Dickinson and Company, Bajaj Capital, Airbnb, and Porter.