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Impartus Innovations

Is this your company?

Warning - Can't trust the founders, do not join! - Anonymous employee Impartus Innovations Employee Review

2.0
Jun 16, 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

1. Working in a domain with a lot of potential ( Ed-Tech) 2. Two of the founders were technically sound - Good at prototyping, not when it comes to scaling the product though. 3. Very informal setup. 4. Had a good team, although most of them are gone now.

Cons

Short Story about the company - Raised 4.5 million dollars in 2015, didn't use it judiciously, spend a huge chunk on hiring an entire UX team in U.S as well as a CEO, didn't work out ( for many reasons), closed it and all this happened within a span of 5-6 months. Later on, tried the China/ South-east Asia move, which also didn't work out. To compensate for their business incompetency laid off most of the employees in the company reason given no cash to operate and pressure from the investor ( Kaizen). Founders seem to be the only coders running the product now. 1. Can't trust the founders at all, huge trust deficit between them and the employees. Didn't pay the variable pay to the employees even though they worked for the entire year, neither any hike, CEO can't be trusted. 2. Took almost 6 months to pay the final settlement to the fired employees. Still haven't paid the TDS to the government which has been deducted for the year 2017 from employees salary. 3. Their site reflects a lot of incorrect information, people such as CFO and product manager are no longer part of this organization.

Explore other reviews about Impartus Innovations

1.0
Nov 9, 2021
Recommend
CEO approval
Business outlook

Pros

1) Flexible Work Hours 2) Remunerations on time

Cons

1) Poor Leadership- The leadership has failed start-ups before, and for some reason, they have still not learnt their lesson. This is going to be a short lived venture. 2) No Forecasting, no predictions, no planning, no strategy. The company is working on strategies they decide upon while having tea.....changes weekly. 3) ZERO Ground Intel- They don't have any ground intel, and they won't believe on the ground intel you give them. Strange people. 4) Inexperienced management, people who don't even have relevant Ed-Tech experience are sitting in the management roles, who make absurd strategies and work ethics for the employees. 5) They want to "grow" bigger than their Parent Company(upGrad), but they are findig it extremely difficult to sell their products PAN India. 6) Pricing way too high for a start-up, and way too high as compared to any competition. Funny thing is, they're not selling properly, and they yet too stubborn to work on anything to improve their Sales. 7) Their Solution to Poor Sales in a particular Region- Remove the employee Yes, they will not be working on their product, to try and change certain things and try and sell, rather they will Remove the employee 😂

1.0
May 31, 2018
Recommend
CEO approval
Business outlook

Pros

Free Food (don't know if they still have it)

Cons

Many but boils down to attitude. Stubborn, insensitive and only listens to foreigners. I never understood hiring a person for their wealth of knowledge just to NEVER take their advice. I found myself in one too many situations where I wanted to say "I told you so". As a start-up, you can’t afford mistakes, especially those you can avoid. But the management is a stubborn bunch, unless the same advice came from a foreigner, they would rather hit a wall than listen to you. Yes they would nod their head, yes they would give you a forum to share your concerns, but at the same time they would process those concerns in equivalent amount of time as a government entity would (basically shelf it). And when things go south, you will be the first to get it. The management will hide, not answer calls till everything subsides. Basically we join start-ups for growth, to feel appreciated and know that we are contributing to a higher cause. Instead you will feel frustrated daily as politics plays a huge role in your progression in this company. Don’t aim to work hard, aim to drink with the right people. PS: They are bad paymasters as well

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