World's Largest HR Consulting Firm Mercer Acquires Gurgaon-based Mettl

Mercer, a New York-based global consulting leader in advancing health, wealth and career and a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. today announced the acquisition of Mettl, a Kallari Capital-backed and Gurgaon headquartered online assessment platform providing solutions to track and measure technical, aptitude and psychometric skills.

Mercer, however, did not disclose the financial details of the transaction.

With more than 21,200 employees in more than 40 countries, Mercer is the world's largest human resources consulting firm.

According to Ilya Bonic, Global President of Mercer’s Career line of business, the acquisition marks Mercer’s entry into the rapidly-growing global talent assessment market and further enhances its position as a trusted strategic talent advisor to companies.

“Online talent assessment is a powerful tool that helps companies unlock the potential of their people. Mettl is a disruptive HR tech start-up that has pioneered a robust assessments platform,” said Anish Sarkar, CEO, India, Mercer. “The combination of Mercer’s pedigree and talent industry experience in India and Mettl’s leading-edge and scalable proprietary technology platform will enable companies in India to improve their workforce as they prepare for the future of work amidst rapid digitization,” he added.

Founded in 2010, by Tonmoy Shingal and Ketan Kapoor, Mettl is cloud-based technology and data sciences-driven talent assessments platform. The platform enables hiring managers in companies to measure and track skills of pre-hires and employees.

Mettl counts Kalaari Capital and Blume Ventures as some of its investors. The startup had raised only $4.4 million in funding over three rounds. The latest funding came from a Series A round on August, 2012.

Avendus Capital was the exclusive financial advisor on sale of Mettl to Mercer.

Mettl helps companies maximize human potential by measuring talent using assessments conducted via its secure and scalable software as a service (SaaS) platform and by utilizing big data analytics. The platform includes proprietary content to measure personality, ability and job-specific skills. Mettl also licenses its platform as a stand-alone technology for clients’ own content.

“We are very proud of Mettl’s success to date and joining Mercer will enable us to fulfill our aspirations of being a world-leader in talent assessments,” said Ketan Kapoor, CEO, Mettl. “By leveraging Mercer’s global footprint and leadership position, we can sustainably scale our presence and reach, helping companies avoid the cost of suboptimal hiring decisions amidst ongoing digital disruption.”

Mettl offers precise, multilingual assessments conducted via a secure software as a service (SaaS) platform in over 80 countries. Established in 2010, Mettl was recognized as one of the twenty most innovative and high-growth companies in India by London & Partners’ IE20 list in 2017 and was retained as an assessment provider by the Ministry of Skill Development & Entrepreneurship (MSDE) for the Skill Development Initiative (SDI).

[Top Image - Ketan Kapoor (right) and Tonmoy Shingal, Co-Founders of Mettl | Source - TheHinduBusinessLine.com]

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Healthcare and Wellness Company VLCC Partners with Online Skill Assessment Platform Mettl

Leading healthcare and wellness company VLCC partners with Mettl, the online skill assessment platform, to establish a comprehensive solution suite to strengthen its Hiring & Learning and Development Engine. This is first of its kind intervention in the beauty and wellness industry.

Commenting on the initiative undertaken, Mr. Paramjit Singh Nayyar, Global CHRO, VLCC said, ‘As we move further in our business expansion journey, our Talent Assessment and Talent Development processes have a critical role to play in acquiring compatible talent and ensuring they grow in the organization as per their career aspirations. Our decision to partner with Mettl is aimed at strengthening our hiring process andbring more objectivity and consistency, specially as our business is spread across 12 countriesemploying talent from over 25 nationalities.

Mettl will also provide solutions for the improvement in the Quality of Hire of their Frontline sales talent and support the Internal Assessment Centre interventions.

Mr. Siddhartha Gupta, Chief Revenue Officer, Mettl said, “This is a one of a kind initiative undertaken by a beauty and wellness company in India. VLCC is taking a holistic view of candidates they want to hire as just being ‘good on paper’ with the right qualifications and references is no longer sufficient. We have provided them with a valuation platform that enables organizations to create customized assessments for use across the entire employee lifecycle, beginning with pre-hiring screening and candidate skills assessment, training and development programs for employees and more.”

Mettl Uses Advance Methods For Its E-Assessment & Testing Platform

Nowadays having a degree is not enough. Having people skills with a good degree is what makes you stand out from the crowd and there is a platform which helps you acquire just that. Mettl is an online testing and assessment platform that allows you to measure, analyze and improve your people skills.

Founded in 2010 by Tonmoy Singhal and Ketan Kapoor, Mettl can help measure the hard skills that are directly required for the job profile rather than just the knowledge that can be easily acquired by rote learning.  Singhal and Kapoor started the company with an aim of revolutionizing the assessments space with highly reliable, cost-effective and valid tests.

Tonmoy is considered a perfectionist who is extremely detail oriented. He is an MBA from IIM Bangalore and a graduate from IIT Kanpur. He has a prior experience of working at Texas Instruments and The Boston Consulting Group. On the other Hand, Kapoor is an engineer from IIT-Roorkee and an MBA from IIM Calcutta. Before starting up Mettl, Kappor worked for marketing at Isango, a startup which is now one of the world’s largest collection of trips, tours and activities.

The platform is perfect for companies that want to run multi-competency assessments for their prospective hire or even existing employees. The company focuses on the science of the assessments and then combines it with advanced technology in order to deliver reliable and valid tests.

The platform even allows one to create and customize online tests according to their needs. Mettl has a very simple and user-friendly interface to add sections, configure timings, and randomize questions and answers. One can even add quality questions from the already available extensive question banks or create their own questions.  It even provides you with an option to control test delivery option and get real time test reports and analytics.

The Gurgaon based startup has worked with some of the top names in multiple industries. It has over 100 clients which include HCL, Wipro, Ericsson, Inmobi, Cognizant etc. The startup is primarily funded by two investors- Blume Ventures and Kalaari Capital. Mettl was recognized among the top 50 startups in the world with TiE50 Award in 2013. It even received the honor of being called one of the most interesting IT projects by Thomas Friedman of New York Times.

Mettl Uses Advance Methods For Its E-Assessment & Testing Platform

Nowadays having a degree is not enough. Having people skills with a good degree is what makes you stand out from the crowd and there is a platform which helps you acquire just that. Mettl is an online testing and assessment platform that allows you to measure, analyze and improve your people skills.

Founded in 2010 by Tonmoy Singhal and Ketan Kapoor, Mettl can help measure the hard skills that are directly required for the job profile rather than just the knowledge that can be easily acquired by rote learning.  Singhal and Kapoor started the company with an aim of revolutionizing the assessments space with highly reliable, cost-effective and valid tests.

Tonmoy is considered a perfectionist who is extremely detail oriented. He is an MBA from IIM Bangalore and a graduate from IIT Kanpur. He has a prior experience of working at Texas Instruments and The Boston Consulting Group. On the other Hand, Kapoor is an engineer from IIT-Roorkee and an MBA from IIM Calcutta. Before starting up Mettl, Kappor worked for marketing at Isango, a startup which is now one of the world’s largest collection of trips, tours and activities.

The platform is perfect for companies that want to run multi-competency assessments for their prospective hire or even existing employees. The company focuses on the science of the assessments and then combines it with advanced technology in order to deliver reliable and valid tests.

The platform even allows one to create and customize online tests according to their needs. Mettl has a very simple and user-friendly interface to add sections, configure timings, and randomize questions and answers. One can even add quality questions from the already available extensive question banks or create their own questions.  It even provides you with an option to control test delivery option and get real time test reports and analytics.

The Gurgaon based startup has worked with some of the top names in multiple industries. It has over 100 clients which include HCL, Wipro, Ericsson, Inmobi, Cognizant etc. The startup is primarily funded by two investors- Blume Ventures and Kalaari Capital. Mettl was recognized among the top 50 startups in the world with TiE50 Award in 2013. It even received the honor of being called one of the most interesting IT projects by Thomas Friedman of New York Times.