About DoSelect
DoSelect is a company based in Bengaluru (India) founded in 2012 by Rohit Agrawal and Iliyas Shirol was acquired by Info Edge in July 2021.. DoSelect has raised $711.64 thousand across 3 funding rounds from investors including Info Edge, 3one4 Capital and Patni Financial Advisors. The company has 42 employees as of April 07, 2024. DoSelect operates in a competitive market with competitors including HackerRank, CoCubes, Filtered, Codility and HackerEarth, among others.
- Headquarter Bengaluru, India
- Employees 42 as on 07 Apr, 2024
- Founders Rohit Agrawal, Iliyas Shirol
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Axilly Labs Private Limited
- Date of Incorporation 26 Nov, 2015
- Jurisdiction Delhi, India
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Annual Revenue
$3.9 M (USD)98.96as on Mar 31, 2023
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Net Profit
$1.73 M (USD)154.88as on Mar 31, 2023
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EBITDA
$2.18 M (USD)117.02as on Mar 31, 2023
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Total Equity Funding
$711.64 K (USD)
in 3 rounds
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Latest Funding Round
$170.1 K (USD), Seed
Oct 03, 2018
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Investors
Info Edge
& 22 more
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Employee Count
42
as on Apr 07, 2024
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Acquired by
Info Edge
(Jul 05, 2021)
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Funding Insights of DoSelect
DoSelect has successfully raised a total of $711.64K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $170.1 thousand completed in October 2018. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $170,100
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First Round
First Round
(24 Feb 2016)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Seed - DoSelect | Valuation | Patni Financial Advisors | |
| Nov, 2017 | Amount | Seed - DoSelect | Valuation | 3one4 Capital |
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| Feb, 2016 | Amount | Seed - DoSelect | Valuation | Paragon Global , Siddarth Pai |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DoSelect
DoSelect has secured backing from 23 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Info Edge, 3one4 Capital and Patni Financial Advisors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified investment management firm
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Founded Year | Domain | Location | |
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Angel network focused on India, Singapore, and U.S based companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DoSelect
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DoSelect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Doselect Comparisons
Competitors of DoSelect
DoSelect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HackerRank, CoCubes, Filtered, Codility and HackerEarth, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Technical skills assessments and developer interview solutions are provided.
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| domain | founded_year | HQ Location |
Online assessment solutions are provided for candidates, institutes, and corporates.
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| domain | founded_year | HQ Location |
Candidates are assessed for technical skills through a cloud-based platform.
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| domain | founded_year | HQ Location |
Programming skills of candidates are assessed via automated online challenges.
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| domain | founded_year | HQ Location |
IT recruitment assessments are conducted via a cloud-based platform.
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| domain | founded_year | HQ Location |
Technical skills of engineering candidates are evaluated through cloud-based interviews.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Doselect
Frequently Asked Questions about DoSelect
When was DoSelect founded?
DoSelect was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Where is DoSelect located?
DoSelect is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of DoSelect?
Rohit Agrawal is the current CEO of DoSelect. They have also founded this company.
Is DoSelect a funded company?
DoSelect is a funded company, having raised a total of $711.64K across 3 funding rounds to date. The company's 1st funding round was a Seed of $472.59K, raised on Feb 24, 2016.
How many employees does DoSelect have?
As of Apr 07, 2024, the latest employee count at DoSelect is 42.
What is the annual revenue of DoSelect?
Annual revenue of DoSelect is $3.9M as on Mar 31, 2023.
What does DoSelect do?
Skill assessment solutions are offered by DoSelect, founded in 2012 in Bengaluru, India, within the HR technology sector. Tools and platforms are utilized to evaluate candidate skills, construct customized learning paths, and monitor employee proficiency throughout the lifecycle, including recruitment, onboarding, upskilling, and internal mobility. Coding challenges and project-based evaluations are employed, yielding detailed reports and insights, with integrations supported for existing HR systems.
Who are the top competitors of DoSelect?
DoSelect's top competitors include HackerRank, CoCubes and Triplebyte.
Who are DoSelect's investors?
DoSelect has 23 investors. Key investors include Info Edge, 3one4 Capital, Patni Financial Advisors, Aarin Capital, and Abbas Rangwala.
What is DoSelect's valuation?
The valuation of DoSelect is $2.44M as of Oct 2018.
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