News: Finland Government backs HR Tech startup SCIKEY

HR Technology

Finland Government backs HR Tech startup SCIKEY

The two year old Indo-Finnish startup looks to leverage the world-renowned ‘Finnish Innovation’ ecosystem to deliver the best of the outcomes and experience for its customers as well as users globally.
Finland Government backs HR Tech startup SCIKEY

Founded in 2017, new age talent solutions provider, SCIKEY has raised money from the funding arm of the Finnish Government. While the amount remains undisclosed, it is said to be one of the few cases where the government of Finland has invested in a global company. 

With the support of Finnish Government, SCIKEY’s AI & MindMatch powered Talent Commerce platform shall get further boost. Currently, SCIKEY offers Managed Crowd-Sourcing, Intuitive Experience Management Interface, AI & MindMatch powered hiring automation, among other services.

Now with this investment round, the Indo-Finnish venture of SRKay Consulting Group is set to focus on research and development on the futuristic technologies such as Augmented Learning, Emotion Analysis, Simulation, and Prediction of Human Behaviour.

SCIKEY will have its R&D base in Finland and Akshay Sharma, one of the Co-Founder’s at SCIKEY, will also be moving his base to Finland later this year.  

Alok Kumar, Managing Partner, SRKay Consulting Group said, “SCIKEY is naturally poised to leverage the world-renowned ‘Finnish Innovation’ ecosystem to deliver the best of the outcomes and experience for its customers as well as users globally.”

He further adds that this funding will add a punch to SCIKEY’s product line which includes SCIKEY Talent Commerce Platform as well as the upcoming Speed Consulting Platform and Talent Engagement Platform. 

Karunjit Kumar Dhir, Co-Founder, SCIKEY also shared his excitement on getting backed up by Finland and said, “With its R&D base in Finland, a technology hub in India and Malaysia as its gateway for expansion into the booming Asia-Pacific and emerging South-East Asian markets, SCIKEY is thrilled to step-up its game to the next level.”

SCIKEY’s Global ecosystem owns several IPs in the field of Behaviour Analysis & Prediction. It comprises R&D centres in Europe & India, global R&D Partners, collaborations with global universities and a team of expert researchers & data scientists.

The startup based out of Pune, aspires to disrupt and transform the way hiring is done globally. With the magic of AI & psychology, they are aiming to add a completely new dimension of predicting if a certain human behaviour will fit a given job profile. But they face competition from other players in the same space. Therefore this funding and partnership focused on innovation is extremely crucial for them. There are many opportunities tech presents today but how well the team at SCIKEY leverages them would be game changing for the startup.  

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Topics: HR Technology, #FundingAndInvestment

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