eBay-backed Quikr acquires Hiree to expand into white collar jobs
The combined entity will create a recruitment platform that connects over 4 million active candidates with recruiters across the country
Quikr, a leading cross-category classifieds platform in India, has acquired Hiree, an online hiring platform focused on white collar jobs.
Hiree, which counts world’s largest IT companies and India’s highest valued startups in its customer list, will be merged with its jobs vertical QuikrJobs and will operate out of Quikr headquarters in Bangalore.
Already a 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 combined entity will create a recruitment platform that connects over 4 million active candidates with recruiters across the country, the company said in a statement. 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.
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Talking about the move, Quikr Founder and CEO Pranay Chulet 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.”
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.”
Started in 2008, Quikr is used by over 30 million unique users a month. It is present in 1,000 cities in India and operates several large classifieds businesses across C2C, cars, education, homes, jobs and services. Quikr is accessible across mobile app, mobile site as well as desktop, and allows consumers as well as small businesses to sell, buy, rent and find things across its multiple categories with great ease.
Quikr’s investors include Tiger Global Management, Kinnevik, Warburg Pincus, Matrix Partners India, Norwest Venture Partners, Nokia Growth Partners, Steadview Capital, Omidyar Network, and Ebay Inc.
Also Read: Indian classified ads firm Quikr launches jobs platform
The company made a series of acquisitions over the past year, including Realty Exchange (IRX), realtycompass and CommonFloor. It also made a strategic investment in AN Virtual Tech. Under QuikrServices, it acquired beauty services company Salosa and subsequently launched its own beauty services brand AtHomeDiva.
Hiree is a hiring platform for that offers smart matching algorithms, real-time alerts, a private messaging system and dedicated Android app for recruiters. The recently launched walk-in management system and novel way of posting resumes as videos are keeping Hiree ahead.
The company is backed by IDG Ventures India, Raghu Krishnananda, Shamsunder Talreja and Prashant Kirtane.
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