An Indian Firm In XPRIZE List Of 5 Finalists Shaping Future Of Work

* HireMee features among $5Mn XPRIZE Rapid Reskilling competition top rankers

·     Sole non-US entry advances in the competition with the goal of quickly reskilling and provide jobs to 5,000 people in 3 industry segments

·     HireMee is spinning off Isotonic Solutions as a US company

India’s skilling, assessment and job platform HireMee has made it to the list of five finalists of the $5Mn XPRIZE Rapid Reskilling competition -- the sole non-US firm to make it to the prestigious global list.

XPRIZE, the world’s leader in designing and operating incentive competitions to solve humanity’s grand challenges announced the five finalists of the three-year competition which reimagines the future of work and how workers are educated and trained.

The competition incentivizes teams to develop and demonstrate the effectiveness of rapid training and reskilling solutions for individuals most vulnerable to employment loss.

HireMee competed in round two by deploying its solution to quickly reskill under-resourced workers. Judges evaluated all testing data, to move five teams forward as finalists choosing them because of their reduced training time, and higher job placement rate, and retention rate.

HireMee is now spinning off Isotonik Solutions as a US company with Mr. Chocko Valliappa, Mr. Tom Dretler and Mr. Shirish Pareek as co-founders.

“We are excited to see how the five finalist teams in this competition have tackled the challenge of closing the skills gaps,” said XPRIZE CEO, Anousheh Ansari. “The trainings offered are empowering workers and increasing accessibility to full-time, living wage jobs; radically changing lives and bringing abundance for all. The finalists are reimagining job training and career development; leveraging AI, VR, and disruptive technologies and their efforts are paramount in demonstrating the value of fast-paced training programs.”

The five finalist teams that exceeded all expectations are Alelo, Los Angeles; Dignified Work, formerly Dignity of Work, Spokane; Team Isotonic, formerly HireMee, Bengaluru; SHIFA360, San Diego; and VITAL, Boston, Massachusetts. A milestone award of $1,500,000 will be shared equally between these teams whose solutions received the highest scores from the Judging Panel for successful implementation of their solution.

Isotonik Solutions, USA as a spun off entity from HireMee will deploy its wide-ranging global experience to build new, replicable pathways to rapidly reskill American workers in the final round of the XPRIZE competition.

According to Chocko Valliappa, Founder of HireMee, “Team HireMee is proud of this prestigious honour earned while deploying our proven strengths in using digital technology on an unmatched scale to enable the future of work. We hope to contribute significantly by solving the critical challenge of Rapid Reskilling. HireMee will continue to provide the technology spine for Team Isotonik, as a continuation of its journey towards enabling jobs to millions around the world.”

“Team Isotonik is excited at the opportunity to optimize our ideas on a much larger scale in Healthcare, Advanced Manufacturing and Administration as we strive to exceed our execution abilities in skill-building,” says Shirish Pareek, Isotonik co-founder based in Maryland, USA.

“As a finalist team, Isotonik is gearing up to deliver superior outcomes by training at least 5,000 individuals in three different occupations in three different industries and placing them into relevant jobs in the coming months,” adds Tom Dretler, Massachusetts, USA based Isotonik co-founder.

“We hoped teams would increase job training by 50 per cent. But so far their solutions have increased training by 87 per cent, with another round of testing to optimize their ideas,” said Dr. Monique Golden, Social Science Lead for XPRIZE Rapid Reskilling.

As a finalist HireMee is challenged to achieve an exponential increase in results by training at least 5,000 individuals in three different occupations in three different industries and placing them into relevant jobs and will test its solution from May to August, with judges set to review the data later this year.

XPRIZE Rapid Reskilling is powered by New Profit, a venture philanthropy organization, as part of the Future of Work Grand Challenge which aims to achieve broader systemic change to help prepare 12 million Americans from underinvested communities for workforce success by 2025.

The Grand Challenge is made possible by Strada Education Network, Annie E. Casey Foundation, Comcast NBCUniversal, Goodwill, JPMorgan Chase & Co., Schultz Family Foundation, and many others.

The initiative also brings together a consortium of design and operating partners driving positive change in workforce development including JFF, Accenture, Brandeis University, Education Design Lab, Goodwill Industries International, and Jobcase.

About HireMee

Skilling, assessment and job platform, HireMee, has enabled talent assessment of 1.2 million young men and women from 800 towns in India, and connected them to employers through a verified assessment process that evaluates their knowledge, skills, personality and communication. HireMee has helped recruiters select candidates for 2,20,000 job opportunities, nearly half of them on pro bono basis. Being a cloud-based platform HireMee leaves zero carbon footprint.

In 2021 HireMee conducted a million ProEx assessment examinations (exams) for 100,000 students. HireMee enabled Indian educational institutions to effectively navigate challenges posed by the pandemic by conducting 2 million defect free exams using the AI enabled ProEx platform. Additionally, HireMee offers institutions customisable hybrid learning solutions viz HireMee Gold, Lite LMS and Round Zero.

Team HireMee, now spun off as Isotonic Solutions in the US, is one among five finalists in the $5 Mn XPRIZE rapid skilling competition, reimagining the future of work and transforming how workers are educated and trained.

www.HireMee.Co.In

About XPRIZE

XPRIZE is a global future-positive movement, delivering truly radical breakthroughs for the benefit of humanity. XPRIZE inspires and empowers a global community of problem-solvers to positively impact our world by crowdsourcing solutions through large-scale competitions, tackling the world’s grandest challenges in exploration, environment and human equity.

Active competitions include the $100 Million XPRIZE Carbon Removal with Elon Musk, $15 Million XPRIZE Feed the Next Billion, $10 Million XPRIZE Rainforest, $10 Million ANA Avatar XPRIZE, $5 Million XPRIZE Rapid Reskilling and $1 Million Digital Learning Challenge.

https://www.xprize.org/