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QuikrJobs acquires Hiree to expand into white collar jobs segment

By   /  July 25, 2016  /  Comments Off on QuikrJobs acquires Hiree to expand into white collar jobs segment

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Bangalore: In a major development in the recruitment space, Quikr, India’s No. 1 cross category classifieds business, today announced that it has acquired Hiree, an online hiring platform focused on white collar jobs. Hiree, which has the world’s largest IT companies and India’s highest valued startups in its client portfolio, will be merged with its jobs vertical QuikrJobs and will operate out of Quikr HQ. Already a leading recruitment platform for blue, grey collar and entry-level jobs across India, now QuikrJobs becomes a full-scale recruitment platform that plays across blue and white collar market segments.

The acquisition is believed to bring synergy by levering Hiree’s technology and Quikr’s massive scale. The combined entity will create a leading recruitment platform that connects over 4 million active candidates with recruiters across the country. The enhanced product portfolio coupled with Quikr’s pioneering missed call service will make a larger talent pool available to recruiters for entry-level, blue collar as well as white collar lateral hires.

 Talking about developments, Pranay Chulet, Founder & CEO, Quikr said, “We launched QuikrJobs with an aim to bridge the gap between Bharat and India for the recruitment industry. After creating a successful business model, now it’s now time to move to next level. Speed is in our DNA and Hiree’s offerings aimed at shortening recruitment cycle times is a great match with that.”

 Manjunath Talwar and Abhijit Khasnis, Founders of Hiree said, “Joining forces with Quikr allows us to double-up our focus on innovating in recruitment space for both job seekers and our customers. Our customers will now gain the benefits of Hiree’s technology and massive scale of Quikr in parallel.”

QuikrJobs recently reached a milestone of over 10 lakh job seeker profiles created through its missed call service alone. This in addition to profiles created via desktop and mobile. The platform offers an easy to understand role-based search for both recruiters and job-seekers across full-time, part-time, work-from-home and even work abroad options.

In addition to its prudent verticalization strategy, Quikr has been growing organically and inorganically. Under QuikrHomes, it acquired Indian companies such as Realty Exchange (IRX), realtycompass and CommonFloor in the last few months. It also made a strategic investment in A N Virtual Tech. Under QuikrServices, it acquired beauty services company Salosa and subsequently launched its own beauty services brand AtHomeDiva.

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