Ojas Ventures and NS Raghavan Backed CoCubes Acquires SQuotient Analyzers
Content Marries Technology
Gurgaon based CoCubes.com has announced its recent acquisition of a leading skill assessment firm, SQuotient Analyzers. CoCubes.com started in 2007 as a unique mobile and web enabled technology to help students get an equal opportunity to build a career. Within 4 years, CoCubes has managed c`to get 2000+ colleges online with over 400 corporates including 4 of the Top 10 IT companies hiring through their online platform.
With the recent acquisition, CoCubes gets an in-house capability for assessment content for corporates to use for student evaluation on campuses. Co-founder & CEO, Harpreet Grover says “Our corporate clients can assess upto 60,000 students at a go on our online platform. Until now, corporates used their own assessments or worked with external vendors with whom we used to integrate. While our platform would support both of these, we will now also have in-house capability to generate assessments content. We believe that given the demand supply gap where there are probably 2L good jobs for 50L graduating engineers, assessments for fresh hiring should be free for corporates.” The SQA team will move to the CoCubes office and the merger will enable them to make 20k concurrent assessments. CoCubes is going to be aggressive with its expansion plans and would be on the lookout for more funding to fuel their aspirations.
Co-founder & CTO, Vibhore Goyal says “While the acquisition makes us content-rich, our new UI and features will push us into a newer orbit- students from our partner colleges shall now have access to year-long learning plans that will help them understand where they’d need to improve.”
A team of 5 folks from SQuotient have joined the 80 strong CoCubes team with one mission- to create an impact on the careers of students across the country. Saurabh Misra, Managing Director of SQuotient Analyzers will now move in as Vice-President- Learning & Assessments with CoCubes.com. “It is exciting how we, as one common entity, will now power employability in students of our partner colleges and on the other hand, be a complete assessment solution for all our corporate clients” says a beaming Saurabh.
More about CoCubes here
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