28 January, 2016, Hyderabad: In its recent round of funding, CodingLabs has managed to raise an undisclosed amount of funding from 50K Ventures. The funding round was headed by Vineel Nalla, CEO, NBOS Technologies and also Co-Founder of 50K Ventures.
CodingLabs entered into the market with sole purpose of providing a platform to the coding technologists to enhance and showcase their coding skills and talent. With resumes turning passé, organisations and employers are relying on online skill profiles and working codes of individuals.
The platform comes with the features that enables the coders to build an online skill profile for themselves by using tools present in the portal. 50K ventures is a Hyderabad based investment firm which recognises the potential and talent of the startups and financially backed them up to uplift their future business.
Many other startups can also use its services to resolve their technical issues. Commenting on the same, Sanjay Enishetty, Chief Executive, 50K Ventures said, “ It is also open to any other start-ups who want to hire technical resources,” reports ET.