Omidyar Network extends funding to Kalibrr

5th December 2013 | By Mouseworld Now Correspondent |

Mumbai, India, December 5, 2013: Omidyar Network has announced its investment in Kalibrr, a Manila-based company that offers an online recruitment and talent management platform for fast-growing companies. Kalibrr aims to streamline the way companies discover, screen, and develop talent through a dynamic and predictive assessment that is deployed online as part of the job application process. Additional terms of the deal were not disclosed.

Mallika Singh,Omidyar Network, director, investments, said, ”Omidyar Network is pleased to make this investment in Kalibrr. Kalibrr’s singular focus on unleashing the potential of the youth and job-seeking population in the Philippines by providing access to high-quality jobs is an effective way to transform and empower individualsand entire communities.”

The investment in Kalibrr is through Omidyar Network’s Education initiative and is a reflection of the firm’s commitment to increase access to learning and employment opportunities adapted for all life stages. Across all its initiatives, Omidyar Network supports more than 40 organizations in South and Southeast Asia.

Co-Founder at Kalibrr Paul Rivera said, “We want to revolutionize the job-search process, enabling jobseekers to demonstrate their skills, and employers to discover new talent and screen them more efficiently. We are aligned with Omidyar Network’s mission in empowering individuals to make their own lives better.”

Through its assessment and recruiting platform, Kalibrr creates a level playing field by standardizing the assessment process and delivers significant social impact by providingaccess to opportunities for young people who otherwise have limited scope for securing formal jobs. Kalibrr is the first start-up from the Philippines to be accelerated by Silicon Valley-based Y Combinator.

 

© Mouseworld Now News Service

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