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Investment  25, Feb 2014

Indian startup HackerEarth raises US$500,000 funding


Funds will be used to ramp up India ops and expand to SEA, Eastern Europe, US. It is set to roll out 2nd edition of IndiaHacks in Mar ’14

India-based startup, HackerEarth has raised funding of US$500,000 from Angelprime incubator. Its existing investor GSF also participated in the round.

The startup helps multinational organisations such as Symantec and Citrix hire programmers.

The fresh funds will be used to take its operation in India to the next level and to prepare for expansion in markets such as Eastern Europe, Southeast Asia and United States in the next one year.

HackerEarth was launched by IIT (Indian Institute of Technology) graduates Sachin Gupta and Vivek Prakash in 2012. Prior to starting this coding company, Gupta worked for Google as an engineer.

Read Also: Indian mPOS player Ezetap raises US$8M in Series B funding

Gupta and Prakash also experimented with MyCareerStack, a website that helps programmers prepare for interviews through the tutorial available on the website. MyCareerStack is now one of the major pillar’s of HackerEarth.

The coding startup allows companies to hire programmers and coders through its platform. It also gives users an opportunity to practice their coding skills and participate in various hiring challenges posted by companies.

HackerEarth is set to roll out the second edition of its Hackathon, IndiaHacks in March in 2014.

e27 has written to HackerEarth to know more about the development. Watch this space for more.

Featured Image Courtesy: HackerEarth

Lead Image Courtesy: ra2studio/ShutterStock

Saloni Surti

Saloni Surti

A writer by heart, Saloni loves pouring words about anything and everything under this sky. Short stories and philosophy writing come to her naturally.

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