Software as a service ( SaaS) based training and recruitment platform, Capabiliti which is owned by Noida based startup Qustn Technologies, has raised USD 400K from US based early stage VC fund 500 Startups and angel investors.
The funds will be used to expand into the international markets, build the team and enhance the technology platform.
A few of the angel investors include – Rajan Anandan (MD-Google, South East Asia & India), Ravi Gururaj (Chairman, Frictionless Ventures & Chair NASSCOM Product Council), Kunal Bahl and Rohit Bansal (Snapdeal Founders), Alok Mittal (Co-founder and CEO, Indifi Technologies & Ex VC – Canaan Partners) Suhas Bhide (Managing Partner, Asia Pacific Services Leader- IBM), Arihant Patni (MD, Hive Technologies, Director & Co-Founder, Nirvana Venture Advisors, Ex Patni Computers) and Girish Matrubootham (Founder and CEO Freshdesk).
The company was founded by Mrigank Tripathi, serial entrepreneur and the previous founder of Applied Mobile Labs and Sachin Grover, VP technology – Applied Mobile Labs and ex Yahoo, Microsoft and HP. Capabiliti is a self-service platform to recruit, on board, train and assess remote users across any geography over any device. The platform is available across mobile and web for any organization. It has clients like Airtel, IndusTowers, Shopclues, and Flipkart.
With regards to the investment Ravi Gururaj, Chairman Frictionless Ventures & Chair NASSCOM Product Council, said,
“The Qustn platform targets the large opportunity of skilling India effectively. Converting people to be productive and industry ready at nationwide scale necessitates a radical reform in multiple aspects and is a key agenda for the Modi Government whose ambitious ‘Skill India Mission’ seeks to skill 40.2 crore workers by 2022.”
Capabiliti charges on a pay per use basis and has already seen over 700,000 transactions. Also, it helps in overcoming challenges like low-buffering speeds and high cost of streaming, compressing the data as well as managers can assess and monitor the progress through a dashboard anywhere.