Skillenza raises $ 1 million in the pre-Series A round

CHENNAI: HR Technology Start Up Skillenza Collected $ 1 Million In One Pre-Series A Investment Round Led By CBA Capital's Education Catalyst Fund (ECF).

Existing Investors Blume Ventures And Tracxn Labs Have Also Invested Together With Let'sVenture, CIO Angel Network, Keiretsu Forum, Hyderabad Angels .

Vishal Bharat, MD, CBA Capital, Said, “What Attracted Us To Skillenza Is Its Offering That Combines The Creative Process With 21st Century Skills. It Allows Participants To Explore Their Skills In The Areas That Are Close To Their Heart. ”

The Current Round Would Be Used To Create New Modules For Assessment Of Software Engineers And Expand Into Tier 2 And Tier 3 Cities In India, A Statement From The Company Said.

" We Are Working On Credential Students Coming Out Of Engineering Colleges And Creating A Global Repository Or Final Year Undergraduates. These Verified And Ranked Profiles Will Help Companies Hire Talent Quickly," Said Subhendu Panigrahi, CEO, Skillenza.

" With The Infusion Of New Capital, We Foresee That The Team Will Execute Ideas That Will Aid Companies To Hire The Best Talent At Scale In India To Start And Eventually At A Global Level," Said Ashish Fafadia, Partner, Blume Ventures.

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