Online classifieds company Quikr.com has acquired Bengaluru based online recruitment platform Hiree.com for an undisclosed amount in an attempt to bolster its job listings business.
Following the acquisition, Hiree will merge with Quikr and the Hiree team, including founders Manjunath Talwar and Abhijit Khasnis, will be absorbed into Quikr.
Hiree was founded as myNoticePeriod.com by Talwar and Khasnis in May 2013 and connected potential jobseekers serving notice periods with prospective employers. In May 2015, the company rebranded itself as Hiree and allowed listings by all categories of jobseekers in an attempt to increase its target audience.
“Joining forces with Quikr allows us to double up our focus on innovating in the recruitment space for both jobseekers and our customers. Our customers will now gain from the benefits of Hiree’s technology and massive scale of Quikr in parallel,” Talwar and Khasnis said in a statement.
Quikr is much like a Craigslist for India in the mobile era in so much that it is designed to help users find all manner of information and deals in their area. It claims 30 million users across 1,000 locations in India, with more than three-quarters of its revenue coming from mobile.
Tiger Global Management backed Quikr.com, which has so far raised about $346 million from venture capital firms, has been investing aggressively to build these verticals by both acquiring companies and making strategic investments.
Hiree.com, which counts IT companies and start-ups among its customers, will be merged with Quikr’s job vertical QuikrJobs and will operate out of the latter’s headquarters, Quikr.com said in a statement today.
Company Website – https://hiree.com/
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