[Funding alert] Cuvette Tech intern recruitment platform raises $ 180,000 from Titan Capital, among others
Bengalurustart-up based on Tech Cup, a platform to connect companies with a verified pool of student software developers on full or part-time internship, announced Wednesday that it raised $ 180,000 in one plant round of funding.
The investment is led by Titan Capital; Varun Alagh, Co-founder and CEO of Mamaearth; Harish Daiya, Co-founder Lumenci; and other renowned angel investors.
The startup said it would use the funds to build its core team and develop the product. Cuvette’s goal will be to become a unique platform for startups to hire verified software interns.
Atul Singhal and Sudhanshu Singh, founders of Cuvette Tech, mentionned,
âWe are developing technology that will streamline the intern recruiting process with a skills-based match algorithm and save recruiters over 80% time. India is emerging as the fastest growing startup ecosystem in the world, and with the number of startups increasing every day, the need for tech interns is also increasing. We want to take advantage of this opportunity as soon as possible to stimulate our growth.
Atul Singhal and Sudhanshu Singh
Founded in July 2020 by Atul Singhal and Sudhanshu Singh, graduates of IIT Kharagpur, Cuvette Tech aims to solve the problem of the skills gap between students and industry expectations by motivating students to acquire software skills and put in contact with startups to gain visibility in the industry.
The company said that startups looking for software interns face a lot of pain in finding candidates with the right skills according to their needs. With Cuvette, they can easily access a verified student pool, saving them a lot of time.
Within 10 months of its creation, Cuvette has successfully engaged over 600 companies from India, Singapore, Dubai and the United States. It has students from over 150 engineering schools across India.
âCollege students are looking for more live coding projects alongside their course schedule. Thus, the platform does an incredible job in bridging the skills gap between students and the tech industry and giving them much needed visibility. We are delighted to have been associated with them, âadded Bipin Shah, Partner at Titan Capital.