Technology
Digital skills assessment startup iMocha raises $14 million in Series A funding
The Pune-based company’s software solutions leverage artificial intelligence (AI) simulators, interview tools and talent analytics to help organizations quickly find suitable candidates for the job remotely.
iMocha, a digital skills assessment platform for upskilling and recruiting, announced Thursday that it has raised $14 million in a Series A round led by global investment firm Eight Roads Ventures.
Pune-based iMocha, formerly known as Interview Mocha, aims to use the capital it raised at an undisclosed valuation to increase the selection of its skills pool, reach more global businesses, and expand its collaboration in the HR technology ecosystem partner base. The financing comes against the backdrop of the Covid-19 pandemic accelerating the growing need for automation, digitization and the adoption of remote work.
The company, co-founded in 2015 by former IBM executives Amit Mishra and Sujit Karpe, enables employers to assess individual skill proficiency through job role-based hiring and learning assessments. Its software solutions leverage artificial intelligence (AI) simulators, interviewing tools and talent analytics to help organizations quickly find suitable candidates for jobs remotely.
“Without a skills assessment platform to help measure and expand their talent pool, businesses will quickly lose talented team members. At iMocha, we have built the world’s broadest and deepest technical skills pool with measurable Our partnership with Eight Roads gives us a great starting point to serve every Fortune 500 client that needs a skills assessment platform,” said Amit Mishra, CEO of iMocha.
In 2020, it raised $600,000 from a group of investors, including Girish Mathrubootham, CEO and co-founder of U.S. SaaS startup Freshworks, which went public on Nasdaq last September.
Existing investors Upekkha and Better Capital also participated in the latest funding round for the company, which has more than 300 clients globally, including Fujitsu, NICE and Microsoft.
Following the capital injection, Aditya Systla from Eight Roads Ventures and Prasanna Krishnamoorthy from Upekkha will join iMocha’s board of directors, the company said in a statement.
“Utilizing a vast and unique skills database, iMocha’s AI assessment platform enables organizations to make their talent management processes more robust and efficient. Over the past few years, Amit, Sujit and the entire iMocha team have built a unique SaaS platform that helps The company continues to lead the way in talent management and we are delighted to be their partner in this journey,” said Aditya Systla, Partner at Eight Road Ventures.
iMocha’s library has over 2,000 assessments covering a range of skills including coding, data science, artificial intelligence, machine learning, cybersecurity, enterprise applications, cloud computing, infrastructure management, application development, competency and banking.
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Hollywood
Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025
Tom Holland, last seen in Apple TV show The Crowded Room last year, has signed his next with Academy Award-winning filmmaker Christopher Nolan.
Tom Holland is going to have a very busy 2025. As per The Hollywood Reporter, the actor has signed Christopher Nolan’s next, which he will juggle the filming of with that of the long-awaited Spider-Man 4. (Also Read – Tom Holland shares why he left alcohol behind: ‘Struggling without booze…’)
Tom signs Nolan’s next
This will mark the first collaboration between Tom and Christopher. While details of his next directorial aren’t known yet, it’s most likely not to have a contemporary setting. It’ll be either set in the past like, his previous film Oppenheimer (2023), or in the future like Interstellar (2014). Matt Damon, who has worked with Christopher in both, has also come on board his next.
Christopher’s next will be co-produced by him and his wife Emma Thomas’ banner Syncopy Inc and Universal Pictures, as the two production houses will team up after the Academy Award-winning blockbuster Oppenheimer last year. Prior to Oppenheimer, Christopher collaborated mostly with Warner Bros before having a fallout post the debacle of Tenet (2020).
Warner Bros then went on to produce Greta Gerwig’s musical satire Barbie, which clashed with Oppenheimer at the box office and even outperformed it globally. Warner Bros offered Christopher a cheque for the fees he waived off for helming Tenet during the pandemic. While Christopher graciously accepted the belated remuneration, he still went on to pitch his next to Warner Bros.
Tom’s busy schedule
Tom didn’t have any release this year. His last outing was Todd Graff’s psychological thriller show The Crowded Room on Apple TV last year. He’ll juggle the filming of Christopher Nolan’s next and Spider-Man 4 in 2025. Tom has been playing the superhero ever since Russo Brothers’ 2016 blockbuster Captain America: Civil War. He’s slipped into the Peter Parker shoes post that for three standalone films and two Avengers movies. Spider-Man 4 will be helmed by Shang-Chi and the Legend of the Ten Rings director Destin Daniel Cretton.
As Tom’s girlfriend and co-star Zendaya will be busy filming Spider-Man 4 in 2025, she’ll reprise her role of Chani in Denis Villeneuve’s sci-fi spectacle Dune 3 only in 2026. Meanwhile, Tom is also likely to make an appearance as Spider-Man in Russo Brothers’ Avengers: Doomsday, which will go on floors in the spring of 2025.
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