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IMocha

iMocha
TypePrivate
IndustryHR technology, skills assessment
Founded2015; 11 years ago (2015)
FoundersAmit Mishra
Sujit Karpe
Headquarters
Pune, Maharashtra
,
India
Websitewww.imocha.io

iMocha is a skills intelligence and skills assessment software company headquartered in Pune, India, and incorporated in the United States.[1][2] The company develops a software as a service platform that uses artificial intelligence to assess the job-related skills of candidates and employees.[3][1]

History

iMocha was founded in 2015 by Amit Mishra and Sujit Karpe, both former IBM executives.[1][4] The company was initially named Interview Mocha before it later adopted its current name, iMocha.[1]

In August 2020, iMocha raised US$600,000 from angel investors, including Girish Mathrubootham and Anand Chandrasekaran.[1]

In January 2022, the company raised US$14 million in its first institutional venture round, a Series A led by Eight Roads Ventures, with existing investors Upekkha and Better Capital participating.[5][6][7] Aditya Systla of Eight Roads Ventures and Prasanna Krishnamoorthy of Upekkha joined the company's board of directors.[1]

In May 2023, iMocha and EY jointly published a report on technology-skills transformation in the workplace.[8][9] The report stated that 81% of the surveyed organisations reported a shortage of skilled technology workers.[8]

In October 2024, SAP named iMocha among the first partners to integrate with its newly launched Talent Intelligence Hub within the SAP SuccessFactors platform, alongside Beamery, Degreed, Korn Ferry, and Lightcast.[10][11]

Operations

iMocha's platform provided enterprise customers with a library of more than 10,000 job-related skills assessments.[3][1] The assessments cover subjects including software programming, data science, machine learning, cybersecurity, and cloud computing.[3]

References

  1. ^ a b c d e f g Sinha, Shreejay (27 January 2022). "Digital skills assessment startup iMocha raises $14 million in Series A funding". People Matters.
  2. ^ "iMocha: Total Funding, Rounds & Investors". Inc42.
  3. ^ a b c Rai, Joseph (27 January 2022). "Eight Roads leads funding in AI-based skills assessment platform iMocha". VCCircle.
  4. ^ Urunkar, Salil (15 July 2023). "Startup Mantra: Helping firms to hire effective workforce". Hindustan Times.
  5. ^ "AI-powered digital skills assessment start-up iMocha raises $14 million". Business Standard. 27 January 2022.
  6. ^ Shah, Sneha (27 January 2022). "iMocha raises $14 million in funding led by Eight Roads Ventures". The Economic Times.
  7. ^ "iMocha Raises $14M In Series A Funding". BW Disrupt. 27 January 2022.
  8. ^ a b "Nearly 81% firms face shortage of skilled tech workers: EY and iMocha". Business Standard. 31 May 2023.
  9. ^ "81% organisations experiencing a shortage in skilled tech workers". Deccan Herald. 4 May 2023.
  10. ^ "Building an AI-Driven Learning and Talent Strategy for Future Success". SAP News. 28 October 2024.
  11. ^ "SAP launches new career pathways solutions inside its SuccessFactors platform". HR Brew. 31 October 2024.

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