Aspiring Minds continues to expand, acquires LetsIntern.com

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Aspiring Minds continues to expand, acquires LetsIntern.com
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Aspiring Minds, the global leader in job skills credentialing and matching, now owns LetsIntern.com, which is India’s largest online and mobile internship platform. In the past, LetsIntern.com has enabled millions of students get internships in tens of thousands of organizations.

The acquisition has come as a result of the multi-million dollar investment plan that Aspiring Minds has for the internship space. With this strategic acquisition, it now has immediate access to this fast growing and very important space.

To ease out the process, LetsIntern.com already has tremendous synergy with AMCAT, the flagship product of Aspiring Minds. AMCAT is used by millions of young and early job seekers, 1000s of colleges and universities for campus placements as well as 3500 corporations for recruiting the right talent.

“LetsIntern.com gives us a very reliable presence in the internship space and in continuing our efforts to add more value to students, colleges and corporations. We expect to combine the reach of both AMCAT and Letsintern.com platforms and achieve significant synergies. We are excited to welcome the LetsIntern.com team to the Aspiring Minds family,” said Himanshu Aggarwal, CEO of Aspiring Minds.

In the future, Aspiring Minds plans to continue to run the LetsIntern.com platform while investing heavily in growing the platform so that it can reach and engage with every college and university student in India and abroad.
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As per the agreement between the companies, the Letsintern.com platform would continue to be led by the LetsIntern.com team.

“This is a very exciting step for LetsIntern.com in its journey so far as the foremost platform in the internship space. We were able to instantly synergize with Aspiring Minds’ vision of revolutionizing the education and employment ecosystem in the world. We are confident that LetsIntern.com’s experience in the internship space and established network of millions of students and more than 22000 organizations will add great value in the best in class business that Aspiring Minds has made,” stated Rishabh Gupta, co-founder & CEO of LetsIntern.com.

“Letsintern was built with a vision to best connect students to their careers and the very next step in solving this complex problem is to be able to assess skill sets and suggest next steps. With Aspiring Minds on our side, we have more confidence to realize our shared vision,” added Pranay Swarup, co-founder and COO of Letsintern.com.

Looks like Aspiring Minds, which already acquired Mizcoin earlier this year, is dedicatedly working towards its aim of addressing the deep rooted inefficiencies in the education and labor market.

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