About Skillenza
Skillenza is a Technology company based in Bengaluru (India) founded in 2014 by Bisineer Vijayendra Myna and Subhendu Panigrahi, and was acquired by Imarticus Learning in July 2022. Online technical recruitment platform and code challenge community. Skillenza has raised $2.85 million across 6 funding rounds from investors including Imarticus Learning, LetsVenture and Tracxn Labs. The company has 13 employees. Skillenza was last valued at $2.16 million in March 2016. Its chief executive, as recorded, is Subhendu Panigrahi. Its Indian entity V H Education Services Private Limited reported revenue of ₹1.58 Cr. Its focus areas include Enterprise Applications, HRTech, Applicant Tracking System and Assessment Platform. Its competitors include CoCubes and DoSelect; 2 of its 2 listed competitors have raised funding.
Company details
Skillenza was founded in 2014 in Bengaluru, India, as an online platform in the technical recruitment sector. Companies are enabled to develop custom tests or select from a library of programming challenges, multiple-choice questions, and subjective assessments. Candidates are invited to participate based on their skills and interests, with solutions automatically graded for shortlisting in interviews. College students are permitted to join online hackathons to demonstrate abilities to potential employers.
- Headquarters Bengaluru, India
- Employees 13
- Founders Bisineer Vijayendra Myna, Subhendu Panigrahi
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website skillenza.com
- Social LinkedIn X Facebook
- Acquired by Imarticus Learning (Jul 2022)
- Legal Name V H Education Services Private Limited
- Date of Incorporation 13 Mar, 2012
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.58 Cr
FY 2020 · +39% YoY
- Net Loss-₹9.85 Cr
FY 2020 · -621% margin
- EBITDA-₹3.30 Cr
FY 2020 · -208% margin
- Total Equity Funding$2.85M (USD)
in 6 rounds
- Latest Funding Round$1M (USD), Seed
May 2019
- InvestorsImarticus Learning
& 113 more
- Employee Count13
- Acquired byImarticus Learning
(Jul 2022)
Associated legal entities of Skillenza
Skillenza operates through V H Education Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| V H Education Services Private Limited CIN U74900KA2012PTC062979 | Active | 13 Mar 2012 | Bangalore, Karnataka | ₹1.6 Cr | 13 | 3 | View details |
Funding Insights of Skillenza
Skillenza has successfully raised a total of $2.85M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in May 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 $2.85M
- Total Rounds 6
- Last Round Seed — $1M
- First Round $258,805
(Feb 2015)
- Investors Count 113
All 6 funding rounds of Skillenza with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2019 | $1M | Seed | – | CIO Angel Network, Keiretsu Forum | |
| Oct 2017 | $720,237 | Seed | – | Indian Angel Network, Blume Ventures | |
| Aug 2017 | $84,992 | Seed | – | – | |
| Mar 2016 | $637,597 | Seed | $2.16M | Blume Ventures, Vinod Keni | |
| Mar 2016 | $151,348 | Seed | – | Blume Venture | – |
| Feb 2015 | $258,805 | Angel Round | $448,613 | Megha Suryakumar, Phanish Puranam |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2016 | $2.16M | •••••••• |
Last known valuation $2.16M (Mar 2016). 114 investors in total: 18 institutional and 96 angel.
Investors in Skillenza
Skillenza has secured backing from 114 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Imarticus Learning, LetsVenture and Tracxn Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Early-stage investment and support for technology companies. | 2013 | tracxnlabs.com | Bengaluru, India | |
Angel network focused on technology startups and investments in India. | 2015 | cioangelnetwork.com | Mumbai, India | |
Accredited investors are networked for private equity funding opportunities. | 2000 | keiretsuforum.com | San Francisco, United States | |
Angel network investing in early-stage companies | 2010 | hyderabadangels.in | Hyderabad, India | |
Angel investor network investing in early-stage startups | iangroup.vc | Delhi, India | ||
Connections between startups and investors are facilitated by a platform. | 3fventures.com | Singapore, Singapore | ||
Multiple sectors are invested in by this venture capital fund. | educationcatalystfund.tcc.mode | Bengaluru, India | ||
Venture capital firm focused on seed-stage investments | parekhmarketing.tcc.mode | Mumbai, India | ||
India focused VC firm | seeders.in | Kolkata, India |
Investor details for Skillenza
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of V H Education Services Private Limited (Skillenza)
V H Education Services Private Limited is the primary company behind Skillenza. The board of V H Education Services Private Limited currently have 3 directors; the longest-serving is Subhendu Kumar Panigrahi, appointed in 2013. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Subhendu Kumar Panigrahi DIN 05259321 | Director | 29 May 2013 | 13 yrs 4 mo | V H Education Services Private Limited |
| Bisineer Myna Vijayendra DIN 02217773 | Director | 31 Mar 2016 | 10 yrs 6 mo | V H Education Services Private Limited |
| Prakash Kumar Tiwari DIN 07023978 | Additional Director | 04 Aug 2020 | 6 yrs 2 mo | V H Education Services Private Limited |
People of Skillenza
15 people are tracked at Skillenza (4 in leadership, 11 in team); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Mahima Sharma | Talent Acquisition Partner | Leadership |
| Director | Leadership | |
Àyushi Srivastava | Talent Acquisition Manager | Team |
Rashmin Kaur | Skillenza Campus Ambassador | Team |
Anujkumar Yadav | Community Advocate | Team |
Balavignesh Ravi | Product Support Analyst | Team |
Gayathri S | Technical Recruiter | Team |
Chinmay Pundir | Community Ranger | Team |
Swathi Gacchin | Customer Sucess And Talent Aquisition | Team |
Kartik Aggarwal | Community Advocate | Team |
sandhaya raj | Digital Marketing Analyst | Team |
Sean Patrick O'Keefe | Business Development Specialist | Team |
Mohit Joshi | Campus Ambassador | Team |
Complete people profiles for Skillenza
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Skillenza
Figures of V H Education Services Private Limited, the primary company behind Skillenza, for FY 2020. Revenue was ₹1.58 Cr (+39% year on year). Net loss was -₹9.85 Cr (-621% margin). EBITDA was -₹3.30 Cr (-208% margin). Revenue has grown at a compounded annual rate of +18% over three years and +43% over five years.
- ₹1.58 CrRevenue · FY 2020 · +39% YoY
- -₹9.85 CrNet loss · -621% margin
- -₹3.30 CrEBITDA · -208% margin
- ₹4.1 LakhPaid-up capital
- 13Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +43%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of V H Education Services Private Limited are on its company page.
Detailed financial statements for Skillenza
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Skillenza
5 dated milestones of Skillenza across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Skillenza is founded.
- Funding First funding round of $259K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.0M.
- Exit Acquired by Imarticus Learning.
Competitors of Skillenza
Skillenza has 2 listed competitors in our database, 2 of them funded. They include CoCubes and DoSelect.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cocubes.com | 2007 | Gurugram, India | $1.92M | Online assessment solutions are provided for candidates, institutes, and corporates. | ||
| doselect.com | 2012 | Bengaluru, India | $711,636 | 43 | Skill assessment solutions for talent acquisition and development are provided. |
Detailed competitors of Skillenza
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Related news about Skillenza
Complete news archive for Skillenza
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Frequently Asked Questions about Skillenza
Skillenza was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Skillenza is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Subhendu Panigrahi is the CEO of Skillenza, as recorded in our data. They have also founded this company.
Skillenza is a funded company, having raised a total of $2.85M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $258.81K, raised on Feb 2015.
Skillenza has 13 employees.
The primary company behind Skillenza, V H Education Services Private Limited, reported revenue of ₹1.58 Cr for FY 2020, up 39% year on year.
Skillenza was founded in 2014 in Bengaluru, India, as an online platform in the technical recruitment sector. Companies are enabled to develop custom tests or select from a library of programming challenges, multiple-choice questions, and subjective assessments. Candidates are invited to participate based on their skills and interests, with solutions automatically graded for shortlisting in interviews. College students are permitted to join online hackathons to demonstrate abilities to potential employers.
Skillenza has 114 investors. Key investors include Imarticus Learning, LetsVenture, Tracxn Labs, Hyderabad Angels, and Keiretsu Forum.
The valuation of Skillenza is $2.16M as of Mar 2016.
Skillenza operates through V H Education Services Private Limited.
Yes. Skillenza was acquired by Imarticus Learning in July 2022.