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Hack2Skill Scores $1 Million Funding to Amplify Hackathons

Preeti Bali / 12:40 pm / March 7, 2024

Hack2Skill, a platform dedicated to supercharging hackathons, has secured $1 million in combined debt and equity financing. Recur Club and String Ventures co-led the investment round.

What is Hack2Skill?

Launched in 2021 by Samkit Sharma, Hack2Skill aims to revolutionize how communities and corporations organize hackathons. Its comprehensive toolkit streamlines processes like registration, team formation, event scheduling, and internal communication.

This not only elevates the hackathon experience but also fosters a thriving environment for developers to hone new skills, collaborate on projects, and gain recognition for their achievements. Sharma envisions Hack2Skill as a game-changer for tech enthusiasts, aiming to empower talent and ignite innovation on a global scale.

Cultivating a Thriving Community

More than 3 million computer enthusiasts make up the vibrant community of Hack2Skill, which includes freelancers, startups, working professionals, and student innovators.

Fueling Growth

This capital injection will propel Hack2Skill’s growth by bolstering marketing efforts, product development, and sales functions. The ultimate goal is to solidify their position as India’s leading and fastest-growing tech innovator community.

Strategic Investment, Promising Future

The investment by Recur Club and String Ventures goes beyond mere finance; it’s a strategic move to support Hack2Skill’s mission. Recur Club, with its history of funding over 500 companies to the tune of $100 million, and String Ventures, renowned for backing high-potential SaaS platforms, bring invaluable expertise and resources to the table.

This partnership is poised to propel Hack2Skill’s trajectory, enabling them to attract new users, explore innovative avenues for community engagement, and leverage AI to enhance collaboration and drive even greater innovation.

 

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