Job credentialing platform Aspiring Minds has announced the launch of its first research and development facility in Gurgaon, Haryana. Furthermore, Aspiring Minds is planning to invest over 6 million dollars in the next three years in research and technology innovation. The company is also aiming at expanding its reach into China, US and the Middle East.
Aspiring Minds currently is targeting at increasing the focus towards assessment technology which does not receive enough limelight in terms of funding. Most investments usually are spent towards promoting training and other related verticals.
The new R&D facility is aiming at hiring over 100 high end technologists and researchers from the talent pool of premier institutes like IITs. This will help in building a new generation of scalable assessment technology and also create a world-class analytics platform to derive insights from the vast amount of data that would be collected. Gurgaon’s reputation of being a corporate hotspot has made it a prime choice for housing the R&D facility.
“Aspiring Minds aims at creating employability solutions for corporations across all genres. The state of the art technology which the new R&D facility will develop will help us digitize the whole process of hiring in these new countries where we are planning to enter. Since R&D is the most important aspect for any business to grow, we are looking at developing this asset by investing 6 million dollars over a period of three years. Through this facility, we are also looking at nurturing local talent. We are very excited with this project and look forward to having a team dedicated to the cause of developing cutting edge technology for us in the long run.” said Varun Aggarwal, Co-founder and CTO, Aspiring Minds.
