Bangalore-based startup Cuvette Tech, a platform to connect companies with a verified pool of student software developers on a full-time or a part-time internship basis, has announced raising 180 k USD in a seed round of funding. The investment is led by Titan Capital, Varun Alagh, Co-founder & CEO Mamaearth, Harish Daiya, Co-founder Lumenci, and other marquee angel investors. The startup will use the funds to build its score team and develop their product. Cuvette’s focus will be to become a one-stop platform for startups to hire verified software interns.
Cuvette Tech was founded in July 2020 by recent graduates from IIT Kharagpur – Atul Singhal & Sudhanshu Singh. It aims to solve the problem of the skill gap between students and industry expectations by motivating students to learn software skills and connect them with startups to gain industry exposure. Startups looking for software interns have to suffer a lot to find candidates having relevant skills according to their requirements. Through Cuvette, they get easy access to a verified pool of students, which saves a lot of their time from posting their needs on multiple platforms and filtering out irrelevant resumes. Within 10 months of its inception, Cuvette has managed to engage more than 600 companies from India, Singapore, Dubai, and the USA. It has students from more than 150 engineering colleges pan India.
On receiving the seed round of funding, Atul & Sudhanshu, founders at Cuvette Tech, said, “We are delighted to have received the investment from the industry leaders who shall guide us to attain the vision we have for Cuvette. We are building a technology that will streamline the process of intern hiring through a skill-based matchmaking algorithm and save more than 80% time for the recruiters. India is becoming the world’s fastest-growing startup ecosystem, and with an increase in the number of startups each day, the requirements for tech interns are increasing as well. We want to leverage this opportunity at the earliest to drive our growth.”
Bipin Shah, Partner at Titan Capital, said, “Cuvette Tech is on an epic mission to address the exact need of the blossoming tech ecosystem of India by connecting them with talented and verified tech interns with coding skills on a full-time/ part-time basis. College students are looking for more live coding projects in parallel to their course curriculum. Thus, the platform is doing amazing work by bridging the skill gap between students and the technology industry and providing them with much-needed exposure. We are delighted to have been associated with them.”
Categories: HNI & Family Offices, Seed Funds
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