Quikr, one of the leading online classifieds website, has today announced the acquisition of Hiree – an online platform from white collar jobs. Post this acquisition, Hiree platform will get merged with the company’s QuikrJobs and will operated from Quikr HQ.
The entire team of Hiree, along with its founders, will now join QuikrJobs. The combined entity will create a recruitment platform that connects over four million active candidates with recruiters across the country. The service will make a larger talent pool available to recruiters for entry-level, blue collar as well as white collar lateral hires.
Commenting about this, Pranay Chulet, Founder and CEO, Quikr, said,
“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.”
Hiree, which was previously known as Mynoticeperiod, was founded by former Yahoo employees, Manjunath Talwar and Abhijit Khasnis. The aim of the company was to increase the speed of the hiring process. Apart from the web version, there is also an Android application.
Till now, the startup had received funding of around Rs. 20 crore from IDG Ventures. The firm was backed by angel investors such as Raghu Krishnananda, Shamsunder Talreja and Prashant Kirtane.
However, like many other startups such as Zomato, TinyOwl and Foodpanda, Hiree also purned its workforce. The company had two rounds of lay-offs, one in February 2016 and another in April 2016.
In a combined statement, Manjunath and Abhijit, founders of Hiree, said,
“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 the massive scale of Quikr in parallel.”
This year, Quikr has been actively making strategic investments as well as acquiring startups. Earlier this year, it acquired real estate portal CommonFloor for around $120 million. The acquisition helped to boost its platform QuikrHomes, which was launched four months before the acquisition.