SMEpost

50K Ventures invests in CodingLabs

50K Ventures invested an undisclosed amount in CodingLabs, a platform for aspiring technologists to showcase coding skills, eliminating paper resumes.

The investment led by Vineel Nalla, CEO of NBOS Technologies and also Co-Founder of 50K Ventures.

Established in 2015, CodingLabs provides a platform for coding technologists who can showcase their coding skills by solving problem statements on the platform. With resumes turning passe, organisations and employers are relying on online skill profiles and working codes of individuals.

On CodingLabs platform, coders can build an online skill profile for themselves using the tools on the portal while accessing coding challenges in different technologies.

Hyderabad-based 50K Ventures is an investment platform that helps early-stage start-ups raise seed funds and connect with dedicated mentors.

The dozen start-ups in its portfolio can use the service of CodingLabs. “It is also open to any other start-ups who want to hire technical resources,” said Sanjay Enishetty, Chief Executive of 50K Ventures.

Source: The Economic Times