AI-Powered B2T Platform Launched to Bridge Business and Talent

Rapid Summary

• Launch of AI Platform: Chennai-based Impacteers has introduced an AI-powered Business-to-Talent (B2T) platform to bridge the gap between education and employability.
• Goals: The company aims to help 10 million individuals find career clarity and growth in 24 months, while assisting 1 million businesses with future-ready talent.
• Investment: $3.5 million has been invested in this initiative, according to Sanjeev Korada, Chief Strategy Officer of Impacteers.
• Key Features: Beyond customary job boards, Impacteers focuses on connecting businesses with purpose-driven individuals using cutting-edge AI tools developed over two years involving 125+ engineers. It targets students, solopreneurs, professionals, and mentors for collaborations beyond just jobs.
• Data Insights: Over 85% of India’s workforce is reportedly underemployed or mismatched in roles that don’t align with thier skills or purpose; globally, career dissatisfaction affects over 300 million professionals amidst rapid shifts in the job market due to AI innovations.
• Indian Employment Challenges (Statistics):

– Only 51% of graduates are considered employable upon graduation annually out of India’s pool of around 10-12 million graduates produced each year.
– Poor alignment: just approximately 8.25% secure jobs matching their qualifications.
– Youth unemployment: Nearly 42% graduates under age 25 face unemployment.
– Employer struggles: About 80% Indian employers have difficulty sourcing suitable talent.

Indian Opinion analysis

Impacteers’ B2T platform seeks solutions for persistent employment challenges within India’s evolving socio-economic landscape shaped by technological advancements like artificial intelligence. Addressing chronic issues such as skill mismatches and high youth unemployment could improve national productivity levels while fostering meaningful careers better aligned to individual aspirations.

Though deeper collaborative evaluations/questions might underway partnerships explored(separately aangepix clarifications)>>