Employability assessment firm - Aspiring Minds has raised series A funding from Omidyar Network and DS Brar - Chairman of
GVK Biosciences.
Jayant Sinha, Partner - Omidyar Network India will join the Aspiring Board. Aspiring Minds will use the funding to extend its offerings to new verticals and expand to new geographies.
Gurgaon based Aspiring Minds was founded by Himanshu Aggarwal and Varun Aggarwal. Aspiring Minds’ Computer Adaptive Test provides standardized employability benchmarks to students and enables employers to evaluate students for job placement. Tarun Khanna - professor at Harvard Business School, is a founding investor in Aspiring Minds.
More than 75 companies use Aspiring Minds’ recruitment solutions, including HCL, Sapient, Ericsson, ITC, SBI Life, Nokia, Keane, and Accor Hotels. Aspiring Minds has aided over 12,000 freshers to get a job on merit in the last year.
Centum Learning and Global Talent Track are the other players operating in this space. Centum Learning raised Rs40Cr from Mayfield India Fund in 2010.
Omidyar Network is an investment firm formed by eBay founder Pierre Omidyar and his wife Pam. To date, Omidyar Network has committed more than $450 million to for-profit companies and non-profit organizations that foster economic advancement and encourage individual participation across multiple investment areas, including microfinance, property rights, consumer internet, mobile and government transparency.
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4134
3846
945
4260
973
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17649
42
1677
25526
3005
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1369
459
3151
32715
140
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24632
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KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
| 09/11/11 |
Aspiring Minds - Omidyar Network |
Venture Capital |
Omidyar Network |
- |
| Date | Type | Buyer | Target | Size ($mn) | State |
| 21/05/12 |
M&A |
Bright Lifecare Private Limited |
Madeinhealth.com |
- |
Completed |
| 21/05/12 |
Venture Capital |
Blume Ventures |
Serendipity Infolabs Private Limited |
- |
Completed |
| 17/05/12 |
M&A |
Carzonrent India Private Limited |
QCABS |
- |
Announced |
| 17/05/12 |
M&A |
Trivone Digital Services Private Limited |
Chakpak Media Private Limited |
- |
Completed |
Fund |
| Name | Corpus | Target Sector | Website | KeyContact |
| Omidyar Network |
|
Micro Finance |
http://www.omidyar.com/ |
Stephen KingPam OmidyarPierre OmidyarJim BunchTodor TasheyBadri PillapakkamMallika SinghStephanie CohnChris BishkoShreya Deb AgrawalJasjit Mangat
|
Company |
| Name | Promoters | Office | Competitor | Website |
| Aspiring Minds Assessment Private Limited |
Himanshu Aggarwal Varun Aggarwal |
24, Pusa Road, 1st Floor |
|
www.aspiringminds.in |