Freo (India) Reviews

3.1

50% would recommend to a friend

(95 total reviews)
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Kunal Varma

62% approve of CEO

45% positive business outlook

Freo (India) has an employee rating of 3.1 out of 5 stars, based on 95 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Freo (India) employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

95 reviews
1.0
20 Dec 2023
Recommend
CEO approval
Business outlook

Pros

- Salary on time. - 5 days working. - You should definitely go and check the review of Moneytap. Freo is just a wrapper around it for masking old reviews. - Good in firing employees.

Cons

- Managers lack managerial skills. Instead of motivating team members, they are busy making their lives miserable. - They call themselves a startup but function like a typical 30-year-old service company. - They can terminate your employment at any time, even if your performance is good. - They change their policies according to their convenience, and this can come as a surprise. - All the positive reviews are generated using ChatGPT; anyone can discern this by simply checking the pattern. And yes, they have a team for managing Glassdoor reviews.

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Freo (India) Response
2y
Thank you for sharing your feedback. We appreciate your input and will consider it as we continuously try to improve our workplace environment. In additons to some of the cons mentioned, all the reviews written on Glassdoor are authentic, none are synthetically AI generated and we take this with utmost seriousness. Glassdoor as a portal allows employer to manage their page and request employees for their feedback which is a symbol of them caring about their employee welfare. We regret to read that the management fell short in meeting your expectations, we will thrive to do better in the future.If you have any specific suggestions or concerns, feel free to reach out to our HR department.
1.0
24 June 2023
Recommend
CEO approval
Business outlook

Pros

Really very less pros but it too will not benefit an individual employee if you have any expectation for your own. Pls read Cons completely then you will get to know more about this company Freo

Cons

I am very much experienced in this organization and part of higher management team so all points mentioned below are very much true. - Freo has dedicated team members only to increase the review rating in Glassdoor, Linkedin, Facebook and all other social media. So all the reviews which has mentioned 5 ratings is really updated by Freo team. Believe me, it is very much true - Very worst management. Higher management is incapable to manage. - Its an FinTech organization, but they are financially unstable. They are going on financial loss - Freo is reducing the salary of the employees to bring profit. So employees cannot expect salary increment - Employees will get lay-off without thinking of their career, family and all. Dont even know why HR team is in Freo. They dont even think of employee's wellness and benefit. There are still many but could not type. But believe me, all the above are very much true.

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Freo (India) Response
3y
We appreciate your openness in sharing your concerns and suggestions. Regarding the cons you mentioned, we take them seriously and understand the impact they can have on the overall work environment and employee satisfaction. We want to assure you that we value transparency and strive to create a fair and supportive workplace for all employees. Concerning the allegations of manipulating review ratings on various platforms, we want to clarify that we adhere to ethical practices and do not engage in artificially inflating ratings or reviews. We are sorry to hear that you perceive the management team as incapable and believe there are financial instabilities within the organization. We acknowledge that effective management and financial stability are crucial for employee well-being and overall success. Your feedback highlights areas where we need to improve, and we will evaluate and address these concerns with utmost seriousness. Regarding the advice you provided to the management team, we appreciate your perspective and understand the importance of responsible financial management and fair treatment of employees. Your input will be considered as we continuously seek ways to improve our operations and employee experience. We value your contribution and encourage you to reach out to HR or your supervisor if you have any further concerns or suggestions. Your feedback is instrumental in helping us identify areas where we can enhance the work environment and employee satisfaction
1.0
1 Feb 2023

Laying off employee

Recommend
CEO approval
Business outlook

Pros

No pros. Only cons in this company

Cons

Salary cut, no hike, no bonus, Firing employee anytime based on internal politics. No vision on company roadmap.

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Freo (India) Response
3y
Thank you for taking the time to provide your feedback about your experience at Freo. We appreciate your honesty and willingness to share your thoughts with us. We are sorry to hear that you have not had a positive experience at our company and that you have identified several areas of concern. We take your feedback seriously, and we will work to address these issues in the future.
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Glassdoor has 99 Freo (India) reviews submitted anonymously by Freo (India) employees. Read employee reviews and ratings on Glassdoor to decide if Freo (India) is right for you.