India's learning platform startup Venturesity raises $250,000 in funding

May 16, 2015: The online challenge and peer learning platform startup Venturesity has raised $250,000 in funding. The investment round is led by India's high-profile angel investors including Phanindra Sama, Jay Sethuram, Joshua Bornstein and Ravi Trivedi..
Founded in 2013, Bengaluru based startup designed a unique challenge model platform for employers to help them discover relevant talent and acquire the right candidate.

The platform allows companies to post the challenge rather than just job description. The challenges will be real life scenarios and gives candidate a taste of what they are going to tackle on workplace. Each challenge has a package of learning material to go through, the leaderboards will display each candidate performance and features.

Subhendu Panigrahi, one of the founder of Venturesity said: "What we have done is taken age-old interview, made it more fun, social and rewarding. There are always prizes and goodies apart from real jobs and internships."

The startup serves their unique model to wide range of sectors like tech, design, marketing and operations. Their list of clients include the famous name like Oracle, Microsoft and internet companies like Housing, Ola, PayU and Perk.

The early trends suggests 80-85% users as the company claims are active job seekers while the rest are passive job seekers.

With latest funding, the company aims to make their platform more robust and expand their services to other geographies and verticals. They are also planning to triple their team size.

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About Riz Stories

An Electronics Engineer by education, a part-time blogger by passion. He loves everything about technology, hence he writes about it. Interest includes Technology, Startups and Mobile Applications.
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