Mettl, a leading talent assessment platform based in India and backed by Blume Fund I, has been acquired by global consulting firm Mercer, marking an important milestone in both companies' growth trajectories.
Target Information
Mettl, a portfolio company of Blume Fund I, is a prominent player in the talent assessment sector. Founded in 2010 by Ketan Kapoor and Tonmoy Shingal, Mettl is headquartered in Gurgaon, India (Delhi NCR). Over the years, Mettl has developed an advanced talent assessment platform noted for its multilingual capabilities, serving customers across 80 countries. This acquisition represents a significant step for Mercer as it marks their inaugural foray into the talent assessment arena.
With an impressive clientele that includes major corporations such as SAP, Amazon, EY, and Accenture, Mettl has demonstrated its ability to create impactful solutions for businesses. Achieving over $10 million in revenue without additional funding after its initial Series A round in 2012 highlights Mettl's operational efficiency and the potential for Indian companies to thrive in the global market.
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Industry Overview
The talent assessment market in India has been expanding steadily, reflecting the growing need for effective evaluation tools in various sectors. As organizations increasingly prioritize human capital management, t
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Mercer
invested in
Mettl
in 2018
in a Buyout deal
Disclosed details
Revenue: $10M