Youth4work, a People search platform that offers ‘pre-assessed’ talent communities for companies to engage and contact, has recently raised $0.5 million bridge capital from a group of investors including angel investors Sanjay Bansal, Dan Sandhu, Aurum Equity Partners LLP and GAP investments.
Founded by Rachit Jain, Youth4Work is a platform where individuals showcase their talent & skills, and are then tested and scored vis-à-vis thousands of others. These pre-assessed profiles are then made available to companies for Engaging and communicating about their Brand or hiring more efficiently and quickly. The platform also helps companies engage people with specific skill sets for specific activities.
“We assess people by way of online multiple-choice questions that gauge a person’s proficiency in particular skills. A unique yRank is assigned to each talent based on a ranking algorithm considering the person’s performance in the yTest, contributions in talent discussion forums, profile completeness, social vouches, what they view, show interest on etc. yRank clearly reflects where a particular person stands viz. a viz. others, thereby making it simpler for companies to decide the few worth engaging with. The platform currently hosts 400+ talent assessment tests and many more practice tests. Each talent has its own community, which can be reached out for any targeted communications,” – Rachit Jain.
The Company is working on scaling up its products and strengthening its reach of users by engaging early. The firm plans to reach and help 2M users in India alone by 2015.