Aspiring Minds

San Jose, United States Founded: 2008 • Age: 18 yrs Minicorn Acquired By SHL
AI-based assessments for enterprise candidate skills are provided.
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About Aspiring Minds

Aspiring Minds is a Technology company based in San Jose (United States) founded in 2008, and was acquired by SHL in October 2019. AI-based assessments for enterprise candidate skills are provided. Aspiring Minds has raised $5.55 million across 3 funding rounds from investors including Genpact, SHL and Omidyar Network. The company has 304 employees. Aspiring Minds has completed 2 acquisitions, including LetsIntern and Mizcoin. Aspiring Minds was last valued at $60 million in November 2019. Its website aspiringminds.com draws about 666 thousand monthly visits. Its Indian entity Aspiring Minds Assessment Private Limited reported revenue of ₹96.99 Cr. The company was acqui-hired. Its focus areas include Enterprise Applications, HRTech, Applicant Tracking System and Assessment Platform.

Company details

Aspiring Minds was founded in 2008 and is based in San Jose, United States. An AI-based platform is operated for enterprises to evaluate candidates on language, cognitive, functional, and soft skills. Tools are included for video assessments, personality evaluations, coding tests, and job simulations. Focus is placed on the talent assessment sector within human resources technology.

Operational Areas
Technology → HR & Workforce Technology
Key Metrics
  • Indian entity revenue
    ₹96.99 Cr

    FY 2020 · +27% YoY

  • Indian entity net loss
    -₹5.96 Cr

    FY 2020 · -6% margin

  • Indian entity EBITDA
    ₹4.09 Cr

    FY 2020 · 4% margin

  • Total Equity Funding
    $5.55M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.46M (USD), Series B

    Nov 2019

  • Investors
    Genpact

    & 5 more

  • Employee Count
    304
  • Investments & Acquisitions
    LetsIntern

    & 1 more

  • Acquired by
    SHL

    (Oct 2019)

Funding Insights of Aspiring Minds

Aspiring Minds has successfully raised a total of $5.55M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $2.46 million completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $5.55M
  • Total Rounds 3
  • Last Round Series B — $2.46M
  • First Round $500,000

    (Aug 2008)

  • Investors Count 6

All 3 funding rounds of Aspiring Minds with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2019$2.46MSeries B$60MSHL
–
Aug 2011$2.59MSeries A–Omidyar Network
Genpact
Aug 2008$500,000Angel Round$3.9MDharmesh Ajitsingh Khimji
Tarun Khanna, Mukul Singhal
Valuation history
DateValuationStage
Nov 2019$60M••••••••
Aug 2008$3.9M••••••••

Last known valuation $60M (Nov 2019). 6 investors in total: 3 institutional and 3 angel.

Investors in Aspiring Minds

Aspiring Minds has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Genpact, SHL and Omidyar Network.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Omidyar Network
Investing in technology, digital culture, governance, and business initiatives.
2004omidyar.comRedwood City, United States
SHL
Talent assessment solutions are provided for hiring and development.
1977shl.comThames Ditton, United Kingdom
Genpact
Provider of end-to-end business process outsourcing services
1997genpact.comNew York, United States

Dharmesh Ajitsingh Khimji

unknown_bd449936d70c45838

Tarun Khanna

Harvard professor, angel investor, and expert in emerging markets strategy
unknown_d5a7865ba9e44f079

Mukul Singhal

Venture Partner at Peak XV, ex-Pravega Ventures, active angel investor
unknown_a51ed98f49ca42e19
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Investor details for Aspiring Minds

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Board of directors of Aspiring Minds Assessment Private Limited (Aspiring Minds)

Aspiring Minds Assessment Private Limited is the primary company behind Aspiring Minds. The boards of the 2 registered companies of Aspiring Minds currently have 4 directors; the longest-serving is Emmy Hackett, appointed in 2019. 20 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Emmy Hackett
DIN 06456796
Director27 Nov 20196 yrs 11 moAspiring Minds Assessment Private Limited
Ivo Richard D'cruz
DIN 08210168
Director27 Nov 20196 yrs 11 moAspiring Minds Assessment Private Limited
Michael Edmondson
DIN 08041291
Director27 Nov 20196 yrs 11 moAspiring Minds Assessment Private Limited, Shl (India) Private Limited
Puneet Juneja
DIN 10045637
Director27 Mar 20233 yrs 7 moShl (India) Private Limited

People of Aspiring Minds

317 people are tracked at Aspiring Minds (102 in leadership, 215 in team); the tracked headcount is 304.

NameRoleGroup
Steven DeLisle
Chief Digital OfficerLeadership
Ciara Jordan
Operations DirectorLeadership
Arthur Rassias
Chief Revenue OfficerLeadership
Chris Fuller
Managing Director - EMEALeadership
Andrew Williams
Global Head Of Commercial FinanceLeadership
Jason Burgamy
Head of SHL AmericasLeadership
Jeff Pfiffner
Head Of New Business, AmericasLeadership
Bryan Whelan
Chief Growth OfficerLeadership
Brad Sutton
Enterprise Account DirectorLeadership
Iain Bennett
Business Development Director - EuropeLeadership
Antoine Federicci
Senior Business Development Director EuropeLeadership
Kuldeep Yadav
Senior Vice President, AI & LabsLeadership
Andrew Bradshaw
CEOLeadership
Julie Stevens
Director of Market DevelopmentLeadership
Bob Lederman
Strategic Account DirectorLeadership
Aoife Torpey
Strategic Account DirectorLeadership
Sam T.
Enterprise Account DirectorLeadership
Nathalie Gower
Senior Account DirectorLeadership
Ceri Mongie
Managing Director, AfricaLeadership
Leah Coulon
Practice Director, Talent SolutionsLeadership

297 more people are available in the full profile.

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Financials of Aspiring Minds

Figures of Aspiring Minds Assessment Private Limited, the primary company behind Aspiring Minds, for FY 2020. Revenue was ₹96.99 Cr (+27% year on year). Net loss was -₹5.96 Cr (-6% margin). EBITDA was ₹4.09 Cr (4% margin). Revenue has grown at a compounded annual rate of +14% over three years and +9% over five years.

  • ₹96.99 CrRevenue · FY 2020 · +27% YoY
  • -₹5.96 CrNet loss · -6% margin
  • ₹4.09 CrEBITDA · 4% margin
  • ₹4.48 CrPaid-up capital
  • 304Employees (provident fund records)
  • +14%Revenue CAGR, 3 years
  • +9%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Aspiring Minds Assessment Private Limited are on its company page.

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Detailed financial statements for Aspiring Minds

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Investments & Acquisitions by Aspiring Minds

Aspiring Minds has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LetsIntern and Mizcoin.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
LetsIntern
Online Internship Board
letsintern.comDelhi, India2010Dec 2015••••
Mizcoin
Mobile app studio
mizcoin.comNoida, India2014Aug 2015••••
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Complete acquisition details for Aspiring Minds

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Verified entity values are shown only after access is granted.

Timeline of Aspiring Minds

7 dated milestones of Aspiring Minds across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Aspiring Minds is founded.
  2. Funding First funding round of $500K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Mizcoin.
  5. Acquisition Acquires LetsIntern.
  6. Exit Acquired by SHL.
  7. Funding Latest funding round, Series B, of $2.5M.

Web traffic of Aspiring Minds

The website of Aspiring Minds (aspiringminds.com) receives about 665.9K visits a month and ranks #68,016 among all websites worldwide, #889 in Jobs and Employment.

  • Monthly visits
    665.9K

    ▼ 12.7% vs previous month

  • Unique visitors
    405.5K

    per month

  • Global rank
    #68,016

    among all websites

  • Category rank
    #889

    Jobs and Career · Jobs and Employment

Similar websites

Websites whose visitors overlap most with Aspiring Minds. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
AMCAT
myamcat.com
100%
122.6K#269,821View details
jobs.walgreens.com
jobs.walgreens.com
85%
#55,249–
amazon.jobs
amazon.jobs
84%
#3,938–
jobs.smartrecruiters.com
jobs.smartrecruiters.com
80%
#4,275–
jobs.lever.co
jobs.lever.co
80%
#4,880–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 40 similar websites and full traffic analytics for Aspiring Minds

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Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Aspiring Minds (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Glassdoor
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Pluralsight
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Accolade
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Frequently Asked Questions about Aspiring Minds

Aspiring Minds was founded in 2008.

Aspiring Minds is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Aspiring Minds is a funded company, having raised a total of $5.55M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $500K, raised on Aug 2008.

Aspiring Minds has 304 employees.

The primary company behind Aspiring Minds, Aspiring Minds Assessment Private Limited, reported revenue of ₹96.99 Cr for FY 2020, up 27% year on year.

Aspiring Minds was founded in 2008 and is based in San Jose, United States. An AI-based platform is operated for enterprises to evaluate candidates on language, cognitive, functional, and soft skills. Tools are included for video assessments, personality evaluations, coding tests, and job simulations. Focus is placed on the talent assessment sector within human resources technology.

Aspiring Minds has made 2 acquisitions, including LetsIntern, and Mizcoin.

Aspiring Minds has 6 investors. Key investors include Genpact, SHL, Omidyar Network, Dharmesh Ajitsingh Khimji, and Tarun Khanna.

The valuation of Aspiring Minds is $60M as of Nov 2019.

Aspiring Minds is associated with 2 legal entities: Aspiring Minds Assessment Private Limited, Shl (India) Private Limited.

Yes. Aspiring Minds was acquired by SHL in October 2019.

The legal entities of Aspiring Minds currently have 5 directors, including Emmy Hackett, Ivo Richard D'cruz, Michael Edmondson and others.

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