SP Institute of Workforce Development Pvt

Name

SP Institute of Workforce Development Pvt

Legal name

SP Institute of Workforce Development Pvt

Website

https://spiwd.in

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Talent Assessment Software

NAICS

Custom Computer Programming Services (541511), Professional and Management Development Training (61143), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371), Services-Management Consulting Services (8742)

akta.pro primary industry

Leadership Potential, High-Potential & Succession Assessments (BPACAMAH)

akta.pro secondary industries

Language Assessment, Placement Testing & Proficiency Certification Tools (EDAFAOAH), ERP, CRM & Enterprise Applications Consulting (BPAHAEAI), Formative & Benchmark Assessment Content (K–12) (EDAGADAH)

Keywords

• Talent assessment platform
• Skill assessment solutions
• Psychometric testing software
• Pre-employment assessments
• Competency evaluation tools

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Assessment Solutions Platform: SaaS-based assessment platform providing skill assessments, psychometric evaluations, and performance measurement solutions to organizations on a subscription basis.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

SP Institute of Workforce Development Pvt (operating as Pareekshn) provides an AI-powered assessment and hiring platform that helps organizations identify, evaluate, and grow the right talent. The company offers a suite of assessment products including skill assessments, psychometric tests, emotional intelligence assessments, aptitude tests, performance measurement, and campus hiring solutions, along with technology services such as custom software development, ERP, mobile/web app development, chatbot development, data analytics, and AI-led engineering. It serves government organizations, corporate enterprises, and educational institutions primarily in India.

Product overview

Pareekshn is a unified AI-powered assessment and hiring platform offering a comprehensive portfolio of evaluation solutions. The core platform is complemented by specialized assessment modules including Skill Assessments, Emotional Intelligence Assessments, Performance Measurement, Psychometric Assessments, Aptitude Tests, Campus Hiring, University Exam Solution, and Impact Assessment. Additionally, the company provides technology solutions including ERP, Mobile App Development, Web App Development, Custom Software Development, Chatbot Development, Data Analytics and Mining, and AI-led Engineering services. The platform features AI-enabled capabilities including live proctoring, transparent assessments, and quick results delivery.

Differentiator

Problem solved

Functional benefit

Products and services

• Skill Assessments Solutions A competency assessment product that focuses on how well an employee is performing required job skills in relation to specified performance standards, identifying existing competencies and skills gaps of current and potential employees. Targeted at organizations needing structured skill evaluation.
• Emotional Intelligence Assessments Assessment product measuring emotional intelligence (EI/EQ/EIQ) — the capability of individuals to recognize their own emotions and those of others, discern between different feelings, and label them appropriately. Used for evaluating candidates' and employees' emotional competencies.
• Performance Measurement Solutions Solution for organizations lacking an internal Performance Manager, providing capabilities to measure and manage employee performance against organizational standards. Targeted at firms needing structured performance evaluation.
• Psychometric Assessments Standardized assessments measuring psychological characteristics including cognitive ability, personality traits, and behavioral patterns. Used by organizations to evaluate candidate and employee psychological attributes.
• Aptitude Tests Tests measuring cognitive abilities, logical reasoning, numerical aptitude, and verbal skills of candidates. Used for screening and evaluating job applicants.
• Campus Hiring Hiring solution tailored for campus recruitment, evaluating potential candidates from educational institutions. Targeted at organizations conducting campus hiring drives.
• University Exam Solution End-to-end examination solution for universities including online testing, proctoring, and result management. Targeted at educational institutions needing comprehensive exam administration.
• ERP Solutions Enterprise Resource Planning solutions covering finance, HR, inventory, and operations integration. Targeted at organizations seeking business process streamlining.
• Custom Software Development End-to-end custom software development designed around unique business workflows. Targeted at organizations requiring tailored software solutions.
• Data Analytics and Mining Advanced analytics and data mining solutions that turn raw data into actionable insights. Targeted at organizations seeking data-driven decision-making capabilities.

Quantifiable outcome

• Transparent assessment process ensuring fairness in candidate evaluation
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Government OrganizationscoreOthersGovernment bodies listed as partners under 'Our Partners' section, utilizing Pareekshn's assessment solutions for hiring and evaluation processes.
• Corporate EnterprisescoreOthersCorporate clients listed under 'Government & Corporates' partners section, accessing skill assessment, psychometric, and performance measurement solutions.
• Awarding BodiescoreStrategic or Co-development PartnerAwarding bodies listed as partners, collaborating on certification and assessment standards for skill evaluation.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Aon Assessment Solutions: Global human capital consulting giant offering talent assessment solutions within a broader HR consulting portfolio; competes with Pareekshn in psychometric and leadership assessments but as part of a much wider advisory business.
• Pearson TalentLens: Established psychometric and cognitive assessment suite from Pearson Education; overlaps with Pareekshn's psychometric and aptitude products but serves global enterprise and education segments at much larger scale.

Direct peers

• iMocha: AI-driven skills and psychometric assessment platform serving enterprises for pre-hire and upskilling use cases; competes head-to-head with Pareekshn in skill assessments, aptitude testing, and talent evaluation.
• Testlify: AI-driven skills and aptitude assessment platform offering live proctoring and cognitive tests; overlaps with Pareekshn's skill assessment, aptitude test, and live proctoring features.
• Mercer Mettl: India-based AI-powered online assessment platform offering psychometric, skill, and aptitude tests to enterprises for hiring and learning; directly competes with Pareekshn across skill, psychometric, and campus hiring solutions.
• eLitmus: India-focused pre-employment assessment platform primarily for campus hiring and fresher recruitment; directly comparable to Pareekshn's Campus Hiring and Aptitude Test products in the Indian market.
• SHL: Global leader in psychometric and pre-hire assessments for large enterprises; competes with Pareekshn on psychometric, cognitive, and behavioral assessments, though SHL serves global Fortune 500 customers.
• HackerEarth Assessments: Enterprise assessment and remote hiring platform used by corporates for technical and cognitive evaluations; overlaps directly with Pareekshn's campus hiring and skill assessment offerings.
• Xobin: AI-powered pre-hire assessment and remote proctoring platform with skill, psychometric, and behavioral tests; competes with Pareekshn across skill assessment and live proctoring capabilities.

Emerging players

• Codility: Technical skills assessment platform primarily for engineering hiring with AI proctoring; partial overlap with Pareekshn's skill assessments, particularly relevant for corporate technical-hiring use cases.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sp-institute-of-workforce-development-pvt

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SP Institute of Workforce Development Pvt