Article: Aspiring Minds to invest USD 6 million in R&D in India

Training & Development

Aspiring Minds to invest USD 6 million in R&D in India

Aspiring Minds, the world’s leading job credentialing platform, today announced the opening of its first R&D facility in Gurgaon. With expansions into China, US and the Middle East on the radar, Aspiring Minds will invest over 6 million dollars in the next three years in research and technology innovation. The company aims to take a step ahead in increasing the focus towards assessment technology which as such doesn’t receive as much funding as compared to training and other related verticals. Aspiring Minds is a leader in employability credentialing and job matching working with over 2million job seekers and 1100 corporations annually.

Aspiring Minds, the world’s leading job credentialing platform, today announced the opening of its first R&D facility in Gurgaon. With expansions into China, US and the Middle East on the radar, Aspiring Minds will invest over 6 million dollars in the next three years in research and technology innovation. The company aims to take a step ahead in increasing the focus towards assessment technology which as such doesn’t receive as much funding as compared to training and other related verticals. Aspiring Minds is a leader in employability credentialing and job matching working with over 2million job seekers and 1100 corporations annually.

The new facility looks at hiring over 100 high end technologists and researchers from the rich talent pool of IIT's and other top notch colleges to build the next generation of scalable assessment technology. Aspiring Minds aims to have a world-class analytics platform to derive insights from the vast amounts of data that would be collected. Gurgaon being the corporate hotspot has a rich ecosystem of high quality job seekers from across the country making it the top choice for housing the R&D facility.

Commenting on the new R&D facility, Varun Aggarwal, Co-Founder and CTO, Aspiring Minds said, “Aspiring Minds aims at creating employability solutions for corporations across all genres. The state of the art technology which the new R&D facility will develop will help us digitize the whole process of hiring in these new countries where we are planning to enter. Since R&D is the most important aspect for any business to grow, we are looking at developing this asset by investing 6 million dollars over a period of three years. Through this facility, we are also looking at nurturing local talent. We are very excited with this project and look forward to having a team dedicated to the cause of developing cutting edge technology for us in the long run.”

Aspiring Minds’ envisions a talent ecosystem that is driven by merit. It aims to perfect the science of matching talent with opportunity by crafting credible and intelligent assessments.

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Topics: Training & Development, #Innovation

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