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Aspiring Minds Raises Series A Funding

Aspiring Minds announced it has raised series A funding from Omidyar Network. Jayant Sinha, Partner, Omidyar Network India, will join the Board of Directors. Omidyar invests in profit and not-for-profit companies focused on social impact. Along with Omidyar Network, D S Brar also participated in the round. Currently, Brar is the chairman of GVK Biosciences and has also served as CEO of Ranbaxy until 2004. He was a Director at Reserve Bank of India until 2007.

Aspiring Minds will use the funding to extend its offerings to new verticals and expand to new geographies. Already widely used within India's information technology sector, the funds will enable Aspiring Minds to scale their reach in sectors such as BFSI, retail and hospitality..  

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More than 50% of the people who voted in the last poll believe that the most effective criterion in helping a candidate get a job is "his/her own talent/knowledge". But an interesting observation is that a significant proportion of votes (26.15% endorsement) were in favour of "On-campus placement efforts" and 14.66% endorsed "Adequate platform". Total count of votes was more than 1100 for this poll question.