Indian recruitment platform raises $1m pre-series A

Skillenza has raised US$1 million in pre-series A funding round to develop its offering and expand into smaller Indian cities.

CBA Capital’s Education Catalyst Fund led the round, with participation from Let’s Venture, CIO Angel Network, Keiretsu Forum, Hyderabad Angels, as well as existing investors Blume Ventures and Tracxn Labs.

Skillenza team / Photo credit: Skillenza

Skillenza, which conducts recruitment drives, online challenges, and hackathons to help companies hire engineers, said it will make new modules for assessment of software engineers. It’s also working on developing a repository of final-year engineering undergraduates.

The startup claims to have 500,000 registered users on its platform. It counts US-based Triplebyte, which raised US$35 million series B funding last month, as one of its key competitors.