LetsIntern will continue as a separate brand with the existing team of 12 people, said a report in the Economic Times.
Omidyar Network-backed Aspiring Minds will be able to reach more than 4 million college students, who have used LetsIntern to bag internships in 22,000 organisations, including Amazon, Reliance, and Uber.
Letsintern was founded in 2010 by Rishabh Gupta and Pranay Swarup. Aspiring Minds, with 500 employees, is present in the US, parts of Africa, and in big Asian markets such as India and China.
Aspiring Minds is looking to invest between $2 million and $3 million in the next two years in the internship space. LetsIntern is its second acquisition after Mizcoin.