We know, Skillenza sounds like something you catch during cold and flu season. Where did you find that job? “In Skillenza.” If they come the U.S. they may need to rebrand, but that doesn’t take away from the fact that challenge-based job board marketplaces have had a steady drip of startups entering the market. Candidates get to show some skills and creativity that might not exist on their profile or resume, and then strengthen their profile over time by participating in more challenges. Employers get to leverage a “coding test” up front, “pre-funnel.’ With a focus like tech, they will have room to grow in their region, but depending on their appetite for funding may have to expand internationally to have a total addressable market (TAM) that supports the growth they want to achieve. And, that brings us back to rebranding….
From Tech in Asia:
Skillenza has raised US$1 million in pre-series A funding round to develop its offering and expand into smaller Indian cities.CBA Capital’s Education Catalyst Fund led the round, with participation from Let’s Venture, CIO Angel Network, Keiretsu Forum, Hyderabad Angels, as well as existing investors Blume Ventures and Tracxn Labs.