Mettl – A Startup That Is Solving The Problem Of Talent Mismatch Effectively

Mettl – A Startup That Is Solving The Problem Of Talent Mismatch Effectively

A recent LinkedIn research shows that talent mismatch has cost the global economy close to $150B. Poor talent adaptability – the inability for people to retrain for new skills or switch industries – is costing the global economy billions of dollars in lost productivity and leads to businesses wasting huge sums on avoidable recruitment cost.

According to research, investments by companies for training people is expected to significantly go up. Today companies not only invests in training their resources but also believes in continuous assessment of their resources. Thus there has been upsurge in So-called talent measurement and management platforms, addressing this market, Mettl is an online assessment and testing platform to measure, analyze and improve people skills.

Mettl’s assessment platform is ideal for companies that want to hire managers for a new job, measure existing skills and track their employees’ skill levels. Mettl can measure the “hard” skills which are directly applicable to a job rather than just the knowledge which is acquired by rote learning.

The online assessment Industry is about $ 1 Bn industry worldwide and is growing rapidly. With boom in internet penetration, applications of an online testing platform are now growing into different spheres – from higher education, exam preparation, and to training effectiveness measurement and with organizations understanding the impact of data driven “People Decisions”.

“Total available market is constantly on a rise. Five years henceforth, we can confidently say that all first level of hiring will be automated,” said  Ketan Kapoor, CEO and Co-founder, Mettl.

The various services offered by the platform include – creation and management of multi-competency assessments, hands on testing, simulation-based measurement of skills, automatic invigilation, actionable analytics and easy and efficient content upload.

The platform also has a decent traction from US, Australia, Middle East, Europe and many other regions, other than India.

“The USP of Mettl is being the only one-stop-solution for all the assessment needs. Talking about being different, apart from this USP we have done many things the unusual way which actually paid off. For instance, unlike others, we started with enterprise sales and now started with SaaS sales, explains  Ketan.

Mettl doesn’t have any direct competitor, startups like Interviewstreet for coding simulators, Cocubes  for campus hiring, Merittrac & Aspiring Minds in assessment.

Currently, Mettl has 250+ clients which include Wipro, Capgemini, Accenture, Inmobi, Ericsson and so on. It is Headquartered in Gurgaon, with offices in Bangalore, Hyderabad and San Francisco.

The startup has grown 3.5 times in FY 2013-14 and for future, it will be releasing a whole new set of pre-built assessments, built in advance to test a certain set of skills for a certain job profile. Since these are pre-canned and made available to all its  customers, these test results will get standardized and users will be able to benchmark candidates across the industry.

“You can also look forward to new simulators like English writing and newer programming languages, enhanced psychometric tests as well as a whole new certification platform,” added Ketan.

Mettl has been also recognized among the top 50 startups in the world with TiE50 2013 Award and is funded primarily by two investors – Kalaari Capital and Blume Ventures.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Mettl – A Startup That Is Solving The Problem Of Talent Mismatch Effectively-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Mettl – A Startup That Is Solving The Problem Of Talent Mismatch Effectively-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Mettl – A Startup That Is Solving The Problem Of Talent Mismatch Effectively-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Mettl – A Startup That Is Solving The Problem Of Talent Mismatch Effectively-Inc42 Media
Mettl – A Startup That Is Solving The Problem Of Talent Mismatch Effectively-Inc42 Media
You’re in Good company