Cross-category classifieds business Quikr today announced in a statement that it has acquired online hiring platform Hiree, which is focused on white collar jobs. The deal amount remains undisclosed by both the parties.
Hiree will be merged with Quikr’s jobs vertical QuikrJobs and will operate out of the Quikr headquarters. Already a leading recruitment platform for blue, grey collar and entry-level jobs across India, the acquisition will further strengthen QuikrJobs’ offerings to address recruitment needs for the entire spectrum of job categories across industries.
The acquisition comes three months after Hiree reduced around 11% of its workforce.
myNoticePeriod.com rebranded itself as Hiree in May last year. The company raised Rs 18 crore from IDG Ventures, in February 2015. It also previously raised over INR 2 Cr in seed funding from the same investor and other individual investors in September 2014. By February 2015, myNoticePeriod claimed to have seen over 75,000 job seekers and over 5000 signed up recruiters, including Sony, TaxiForSure, Walmart, Wipro among others.
“We launched QuikrJobs with an aim to bridge the gap between Bharat and India for the recruitment industry. We have created a successful business model there and it’s now time to level up. Speed is in our DNA and Hiree’s offerings aimed at shortening recruitment cycle times is a great match with that,” said Pranay Chulet, founder and CEO, Quikr.
“Joining forces with Quikr allows us to double up our focus on innovating in the 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,” said Manjunath and Abhijit, founders of Hiree.