On Wednesday 26th May 2021, Cuvette Tech, a Bengaluru-based Intern Hiring startup announced that it raised USD 180,000 in a seed funding round. The round was led by Titan Capital.
The round saw the participation of angel investors like the Co-founder and CEO of Mamaearth Varun Alagh; Lumenci’s co-founder Harish Daiya and some others.
The startup stated that it will use the fund raised to develop its core team and the products. Cuvette focuses on becoming a one-stop platform for startups to hire potential and verified software interns.
About the investor –
Titan Capital
Titan capital is a Venture Capital Investment firm based in Gurgaon, Haryana. It was founded in 2015. It focuses on investing in world-class and innovative entrepreneurs, who are looking forward to creating a wide-scale reliable and positive impact on India and the World.
Till now the firm has been part of 32 investments round and some of the recent investments done by the firm are Interview Vector, Nova Benefits and the most recent Cuvette.
Words from the investors –
“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,” added Bipin Shah, Partner at Titan Capital.
About Cuvette –
Cuvette was founded and established by IIT Kharagpur graduates Sudhanshu Singh and Atul Singhal, in July 2020. The startup aims to resolve the problem of skill gaps between industry and student expectations by motivating students to learn software developing skills and make them connect with different startups to gain exposure to the industry.
In 10 months of its establishment, the startup has managed to gain 600 companies within the boundaries of India, Singapore, the USA and Dubai. Cuvette has a student base of 150 Engineering colleges across India.
The company stated that -,” startups looking for software interns have to suffer a lot to find candidates having relevant skills according to their requirements. Through Cuvette, they can get easy access to a verified pool of students, which saves a lot of their time.”
Words from the Co-Founders –
Atul Singhal and Sudhanshu Singh, Founders at Cuvette Tech said –
“We are building a technology that will streamline the process of intern hiring through a skill-based matchmaking algorithm and save more than 80 percent 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.”
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