Over the years, online assessments have become an integral part of recruitment solutions in several organisations across multiple industries. Mettl, a Gurgaon-based online assessment firm, has been established with an aim to raise the bar around skill assessments and capitalise on the underlying demand for recruiting and learning and development (L&D) solutions in the Indian corporate sector. The vision behind it was simple: To bring a technological and scientific revolution into the recruitment and L&D practices of both Indian as well as global companies. Mettl’s online skill assessment platform facilitates advanced computer-based assessments for conducting high stake tests online and is used by many technology-driven universities, corporations and certification bodies across the world. Organisations such as Accenture, Capgemini, Wipro, SAP, KPIT, Syntel, Tally, Here Maps, NIIT, Cognizant, Samsung, Nasscom, L&T, Mahindra Comviva, MakeMyTrip, Yatra, Amity University, ISB, UPES have been using Mettl’s online assessment solutions for some time now.
“We have developed five proprietary tools which back 200+ ready-to-use assessments and question banks for 800+ skills across industries and job roles. The testing platform offers globally integrated local solutions for efficient test delivery over the internet and even helps conduct offline assessments in remote locations with no internet access, through smart devices,” says Ketan Kapoor, CEO and co-founder, Mettl. Kapoor, along with Tonmoy Shingal, founded the firm with an initial capital of Rs 8 lakh they pooled, following which they raised more funds from family and friends, amounting $100,000. Subsequently, the company raised Rs 1.6 crore from Blume Ventures and $4 million from nine different investors during a funding round led by venture capital fund Kalaari Capital.
Mettl enables clients to conduct recruitment tests for candidates, assess their hard skills, and evaluate their soft skills through customised psychometric and aptitude tests to determine if they are the right hire. In addition, Mettl’s online remote proctoring solution caters to two significant industries, education and recruiting. It allows companies and educational institutions to conduct examinations by transcending geographical limitations with live video monitoring to oversee candidates giving these tests. “We also provide solutions to colleges, universities and companies for campus hiring. The Employability Test delivers precision in indicating job-role fitment for each candidate from our pre-assessed pool of freshers which consists of high performing talent,” says Kapoor.
The platform has in-house content creation capabilities which customises and delivers assessments based on the client’s requirements by understanding in detail, the technical and behavioural competencies which distinguish performance standards for each company. Mettl’s focus on research to back its proprietary recruitment and assessment tools has paid off. It has been profitable for the past 10 quarters in its domestic and international operations, having registered exponential growth year-on-year at 120% CAGR growth over the past four years. “Our revenue model is per-assessment based in a B2B SaaS based format. Our revenues are also based on the number of tests a client wants us to conduct,” says Kapoor.
