Info Edge?, which runs companies like Naukri.com, 99acres.com, and Jeevansathi,com, announced 100 percent acquisition of SaaS-based recruitment management platform Zwayam Digital’s share capital.
Founded by Joseph John, Nicel KM, Divya T, and Shreyas Tonse in 2015, Bengaluru-based Zwayam leverages artificial intelligence (AI) and machine learning (ML) to streamline and automate recruitment workflow — from sourcing to on-boarding.
Through the acquisition, the company hopes to make the most of the experience, ecosystem and resources that Info Edge will bring to the table. However, Zwayam will maintain an independent identity, according to the release.
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