You can be on Entrepreneur’s cover!

iMocha Raises $14 Million In Series A The funds will be utilized to increase iMocha's skill library selection, reach more global enterprises and widen its partnership base within the HR tech ecosystem

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

AI-powered digital skills assessment platform, iMocha, has raised $14 million in Series A round led by Eight Roads Ventures, with participation from existing investors Upekkha and Better Capital. Aditya Systla from Eight Roads Ventures and Prasanna Krishnamoorthy from Upekkha will join iMocha's board of directors.

This is the first institutional raise by the profitable bootstrapped startup. iMocha operates out of India and the US. The new funding will be used to increase iMocha's skill library selection, reach more global enterprises and widen its partnership base within the HR tech ecosystem.

"Without a skill assessment platform to help measure and scale their talent pool, businesses will quickly lose out on talented team members. At iMocha, we have built the broadest and deepest technology skills library in the world with measurable outcomes. Our partnership with Eight Roads gives us a great launching pad to serve every Fortune 500 customer needing a skill assessment platform," said Amit Mishra, co-founder and CEO at iMocha.

Founded in 2015, iMocha enables talent acquisition and management teams to thoroughly assess individual skills proficiency with job-role based assessments for both recruitment and learning. Leveraging powerful AI simulators, interviewing tools and talent analytics, iMocha is the most comprehensive skills assessment platform serving fast growing global organizations.

iMocha's next-gen products for upskilling and recruiting are reimagining digital skills assessment. Its library has over 2,000-plus assessments across coding, data science, AI, ML, cybersecurity, RPA, enterprise applications, Cloud computing, storage, network, infrastructure management, application development, aptitude, banking and more.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

News and Trends

IT Firm Happiest Minds Technologies Acquires Macmillan Learning India

The deal will likely be finished by April 30 and will cost INR 4.5 crore.

Leadership

You Won't Have a Strong Leadership Presence Until You Master These 5 Attributes

If you are a poor leader internally, you will be a poor leader externally.

Business News

Microsoft's New AI Can Make Photographs Sing and Talk — and It Already Has the Mona Lisa Lip-Syncing

The VASA-1 AI model was not trained on the Mona Lisa but could animate it anyway.

Health & Wellness

How This Millionaire Investor Overcame Opioid Addiction to Become the World's Fastest Marathoner Over 50

Ken Rideout shares five invaluable lessons for achieving peak performance physically and mentally.