AMCAT is a computer-based assessment test, wherein students from engineering, MBA and other graduate schools are assessed on aptitude, skills, personality and behaviour. The results are made available to its corporate clients to help them hire cost-effective manner. Aspiring Minds, the parent company of AMCAT.com, was founded in September 2007 to enable equal opportunity hiring of entry-level talent in the IT industry.
It came to Varun Aggarwal in 2007, when he was reading a Nasscom report, which stated that only 25% of India’s engineering graduates were employable. At that time, he was pursuing his master’s degree in computer science from the Massachusetts Institute of Technology (MIT) in the US. That got him thinking about employability. He discussed it with his brother, Himanshu, who had just quit working as a software developer and was already based in India. Both of them felt the need for a scientific and a defined approach to assess employability in India and that is how Aspiring Minds was incepted. The name of the company was inspired by Dr APJ Abdul Kalam’s book, Ignited Minds.
