# Induslynk Training Services Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/induslynk-training-services-private

- Industry: Internet
- Headquarters: Gurgaon, India
- Website: www.mettl.com
- Total disclosed funding: $4.3M
- Latest round: Series A (Aug 13, 2012)
- Investors on record: 2

## About

Induslynk Training Services Private Limited, operating as Mercer | Mettl, delivers advanced talent assessment solutions leveraging technology for hiring and skill evaluation across various sectors.Founded in 2009, Induslynk Training Services Private Limited operates from Gurgaon, India, providing innovative talent assessment tools. The company underwent a major shift when it was acquired by Mercer in October 2018, strengthening its market position. It has completed a total of 4 deals with a notable investment of USD 4.00 mn in its latest Series A funding round led by Kalaari Capital. The organization has established its presence globally, serving a diverse clientele from various industries.Mercer | Mettl specializes in a comprehensive range of talent assessment solutions tailored for both corporate and educational sectors worldwide. Their offerings include AI-based proctoring tools, online examination platforms, and pre-employment assessment tools that facilitate effective talent hiring and development. With over 6,000 clients globally, the platform supports diverse applications such as online certification programs and technical skill evaluations, operational in over 100 countries and available in more than 20 languages.In the most recent financial year 2023, Mercer | Mettl reported a revenue of USD 24,675,338.90, with an EBITDA of USD 1,587,712.90. Their revenue is generated primarily through subscription models and partnerships with educational institutions and businesses, ensuring a robust client retention rate through long-term contracts and continuous service enhancements.Looking ahead, Mercer | Mettl plans to expand its product offerings and enter new markets. The company is developing additional assessment tools tailored for specific industries, which are expected to launch in the upcoming year. Furthermore, it aims to penetrate deeper into the North American and European markets by 2024. The financial backing from the USD 4.00 mn raised in the Series A funding will be directed towards enhancing product development and expanding their operational footprint.

## Funding rounds

- Series A, Aug 13, 2012, $4M — Kalaari Capital
- Angel, Mar 1, 2011, $0.3M — Blume Ventures

## Investors

- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Angel
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series A
