Friday, June 21

imocha raises pre-series A funding of $600K

PUNE, India, Aug. 26, 2020– SaaS-based digital skills assessment startup Interview Mocha has secured $600,000 in pre-series A funding from a group of investors, including Freshworks CEO Girish Mathrubootham.

Interview Mocha has remained bootstrapped since its founding in 2015 and has revenues of more than $2 million ARR. The startup was founded by former IBM executives Amit Mishra and Sujit Karpe.

Other high-profile investors in the round include former Snapdeal CPO and Facebook Director Anand Chandrasekharan, and Vaibhav Domkundwar, CEO of Better Capital.

Girish Mathrubootham, CEO of Freshworks, said, “Amit and Sujit have built a solid team, and a product that customers love. The company is already profitable and has a big addressable market.”

“Talent leaders of global companies are struggling to upskill their workforce to continue to be competitive. Interview Mocha brings one of the most important tools for human capital management – a ‘skill meter’ for talent leaders to rapidly assess skills, and invest in learning and development scientifically. I am not surprised by the demand Interview Mocha is seeing and am glad to be an investor,” said Vaibhav Domkundwar, CEO of Better Capital.

“The pandemic has accelerated digital transformation and is forcing organizations to adapt to the new normal worldwide. We see that enabling organizations to more accurately measure, up-skill, and assess candidates and employees is becoming more and more important, which is driving up demand for our product,” says Amit Mishra, CEO and co-founder of Interview Mocha.

The company is also rebranding itself as imocha, kicking off a major marketing growth phase for the company. About the rebrand, Amit Mishra said, “The interview in our name came from our legacy as a video interview company. We have outgrown that product and the name, but wanted to keep the i as a signal of what we are innovative, and as a promise of what we will be – iconic.”

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