{"id":2655,"date":"2021-07-21T09:31:40","date_gmt":"2021-07-21T09:31:40","guid":{"rendered":"https:\/\/ejobsitesoftware.com\/blog\/?p=2655"},"modified":"2021-07-21T09:31:40","modified_gmt":"2021-07-21T09:31:40","slug":"how-ai-based-recruitment-startup-fastnext-got-acquired-by-ansrs-talent500-and-is-transforming-global-hiring","status":"publish","type":"post","link":"https:\/\/ejobsitesoftware.com\/blog\/how-ai-based-recruitment-startup-fastnext-got-acquired-by-ansrs-talent500-and-is-transforming-global-hiring\/","title":{"rendered":"How AI-based recruitment startup FastNext got acquired by ANSR&#8217;s Talent500 and is transforming global hiring"},"content":{"rendered":"<p>By Jerlin Justus<\/p>\n<p>Job hunting can be a tedious process, right from polishing a resume and finding the right opportunity to having to fill out several forms and then waiting to hear from a prospective employer. According to the Society of Human Resource Management, 60 percent of job seekers quit filling out an employment application if it&#8217;s too long or complex to understand. On the other hand, recruiters often have to sift through piles of job applications and even then, they sometimes end up hiring the wrong person for a job.<\/p>\n<p>How convenient would it be if a candidate could get automatic recommendations for suitable jobs? Or companies could find the right candidate fit for the job role and the company&#8217;s culture? The seemingly difficult task could be made a reality by leveraging Artificial Intelligence as it can help recruiters make smarter and more informed decisions. The case for AI-powered models transforming the recruitment space is pretty strong and it allowed companies like FastNext to build an incredibly successful product and be acquired by Talent500 to disrupt how recruiting was taking place globally.<\/p>\n<p>The Bengaluru-based startup was founded by Akhyansh Mohapatra and Naveen Benny. Its recommendation technology analysed millions of potential candidate profiles to help enterprises make more informed hiring choices and boost their businesses\u2019 productivity.<\/p>\n<p>Read More: <a href=\"https:\/\/yourstory.com\/2021\/05\/ansrs-talent500-acquires-ai-recruitment-startup-fastnext-transforming-global-hiring\/amp\">https:\/\/yourstory.com\/2021\/05\/ansrs-talent500-acquires-ai-recruitment-startup-fastnext-transforming-global-hiring\/amp<\/a><br \/>\n<a href=\"https:\/\/fastnext.co\/\">https:\/\/fastnext.co\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jerlin Justus Job hunting can be a tedious process, right from polishing a resume and finding the right opportunity to having to fill out several forms and then waiting to hear from a prospective employer. According to the Society of Human Resource Management, 60 percent of job seekers quit filling out an employment application [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2327,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[372,662],"tags":[666],"class_list":["post-2655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","category-recruitment-software","tag-fastnext-co"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2019\/11\/recruitment-ai.jpeg?fit=765%2C485&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p4vlXG-GP","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3865,"url":"https:\/\/ejobsitesoftware.com\/blog\/job-board-software-vs-recruitment-software-key-differences-explained\/","url_meta":{"origin":2655,"position":0},"title":"Job Board Software vs. Recruitment Software: Key Differences Explained","author":"admin","date":"October 7, 2025","format":false,"excerpt":"Introduction In today\u2019s competitive hiring landscape, companies and recruitment agencies rely heavily on technology to attract, engage, and hire top talent. Two of the most commonly used tools are job board software and recruitment software. While both aim to simplify the hiring process, they serve different purposes and offer distinct\u2026","rel":"","context":"In &quot;Job Board Software&quot;","block_context":{"text":"Job Board Software","link":"https:\/\/ejobsitesoftware.com\/blog\/category\/job-board-software\/"},"img":{"alt_text":"Job Board Software vs. Recruitment Software: Key Differences Explained","src":"https:\/\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/10\/Job-Board-Software-vs-Recruitment-Software-Key-Differences-Explained.avif","width":350,"height":200,"srcset":"https:\/\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/10\/Job-Board-Software-vs-Recruitment-Software-Key-Differences-Explained.avif 1x, https:\/\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/10\/Job-Board-Software-vs-Recruitment-Software-Key-Differences-Explained.avif 1.5x"},"classes":[]},{"id":3196,"url":"https:\/\/ejobsitesoftware.com\/blog\/how-ai-is-transforming-recruitment\/","url_meta":{"origin":2655,"position":1},"title":"How AI is Transforming Recruitment?","author":"admin","date":"September 12, 2024","format":false,"excerpt":"Artificial Intelligence (AI) has revolutionized various industries, and recruitment is no exception. In this article, we will explore how AI is transforming the recruitment landscape and the top AI recruiting tools that can enhance your recruitment process. Impact of AI on the Recruiting Process AI has significantly impacted the recruiting\u2026","rel":"","context":"In &quot;Artificial Intelligence&quot;","block_context":{"text":"Artificial Intelligence","link":"https:\/\/ejobsitesoftware.com\/blog\/category\/artificial-intelligence\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2024\/09\/How-AI-is-Transforming-Recruitment.jpg?fit=900%2C643&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2024\/09\/How-AI-is-Transforming-Recruitment.jpg?fit=900%2C643&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2024\/09\/How-AI-is-Transforming-Recruitment.jpg?fit=900%2C643&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2024\/09\/How-AI-is-Transforming-Recruitment.jpg?fit=900%2C643&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":3447,"url":"https:\/\/ejobsitesoftware.com\/blog\/how-to-automate-recruitment-workflows-with-ai-and-machine-learning\/","url_meta":{"origin":2655,"position":2},"title":"How to Automate Recruitment Workflows with AI and Machine Learning","author":"admin","date":"March 3, 2025","format":false,"excerpt":"Recruitment is evolving rapidly with the integration of artificial intelligence (AI) and machine learning (ML). Companies are now leveraging AI-powered recruitment solutions to streamline hiring processes, reduce bias, and improve candidate matching. This guide explores how AI and ML can automate recruitment workflows, saving time and enhancing hiring efficiency. 1.\u2026","rel":"","context":"In &quot;Artificial Intelligence&quot;","block_context":{"text":"Artificial Intelligence","link":"https:\/\/ejobsitesoftware.com\/blog\/category\/artificial-intelligence\/"},"img":{"alt_text":"How to Automate Recruitment Workflows with AI and Machine Learning","src":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/03\/How-to-Automate-Recruitment-Workflows-with-AI-and-Machine-Learning.jpg?fit=1060%2C725&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/03\/How-to-Automate-Recruitment-Workflows-with-AI-and-Machine-Learning.jpg?fit=1060%2C725&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/03\/How-to-Automate-Recruitment-Workflows-with-AI-and-Machine-Learning.jpg?fit=1060%2C725&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/03\/How-to-Automate-Recruitment-Workflows-with-AI-and-Machine-Learning.jpg?fit=1060%2C725&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/03\/How-to-Automate-Recruitment-Workflows-with-AI-and-Machine-Learning.jpg?fit=1060%2C725&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2995,"url":"https:\/\/ejobsitesoftware.com\/blog\/features-and-benefits-of-an-applicant-tracking-software\/","url_meta":{"origin":2655,"position":3},"title":"Features and benefits of an Applicant Tracking Software","author":"admin","date":"April 5, 2023","format":false,"excerpt":"In today's competitive job market, companies need to be efficient in their hiring processes to attract and retain top talent. One tool that has become increasingly popular among recruiters and HR professionals is Applicant Tracking Software (ATS). ATS is a software application that automates the recruitment process, from posting job\u2026","rel":"","context":"In &quot;Blog&quot;","block_context":{"text":"Blog","link":"https:\/\/ejobsitesoftware.com\/blog\/category\/blog\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2023\/04\/applicant-tracking-systems.jpg?fit=750%2C501&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2023\/04\/applicant-tracking-systems.jpg?fit=750%2C501&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2023\/04\/applicant-tracking-systems.jpg?fit=750%2C501&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2023\/04\/applicant-tracking-systems.jpg?fit=750%2C501&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":3444,"url":"https:\/\/ejobsitesoftware.com\/blog\/how-to-set-up-an-ai-powered-applicant-tracking-system-ats-for-faster-hiring\/","url_meta":{"origin":2655,"position":4},"title":"How to Set Up an AI-Powered Applicant Tracking System (ATS) for Faster Hiring","author":"admin","date":"March 3, 2025","format":false,"excerpt":"In today's competitive job market, companies need to streamline their hiring processes to attract top talent. An AI-powered Applicant Tracking System\u00a0(ATS) helps businesses automate and optimize recruitment, reducing hiring time and improving candidate quality. This guide will walk you through setting up an AI-driven ATS to enhance your recruitment workflow\u2026","rel":"","context":"In &quot;Artificial Intelligence&quot;","block_context":{"text":"Artificial Intelligence","link":"https:\/\/ejobsitesoftware.com\/blog\/category\/artificial-intelligence\/"},"img":{"alt_text":"How to Set Up an AI-Powered Applicant Tracking System (ATS) for Faster Hiring","src":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/03\/How-to-Set-Up-an-AI-Powered-Applicant-Tracking-System-ATS-for-Faster-Hiring.jpg?fit=1060%2C725&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/03\/How-to-Set-Up-an-AI-Powered-Applicant-Tracking-System-ATS-for-Faster-Hiring.jpg?fit=1060%2C725&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/03\/How-to-Set-Up-an-AI-Powered-Applicant-Tracking-System-ATS-for-Faster-Hiring.jpg?fit=1060%2C725&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/03\/How-to-Set-Up-an-AI-Powered-Applicant-Tracking-System-ATS-for-Faster-Hiring.jpg?fit=1060%2C725&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2025\/03\/How-to-Set-Up-an-AI-Powered-Applicant-Tracking-System-ATS-for-Faster-Hiring.jpg?fit=1060%2C725&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2987,"url":"https:\/\/ejobsitesoftware.com\/blog\/features-of-job-board-software-2\/","url_meta":{"origin":2655,"position":5},"title":"Features of job board software","author":"admin","date":"March 31, 2023","format":false,"excerpt":"Job board software is an essential tool for companies that are looking to fill job openings with qualified candidates. With the right job board software, businesses can streamline the recruitment process, saving time and money while attracting top talent. In this article, we will explore the features of job board\u2026","rel":"","context":"In &quot;Job Board Software&quot;","block_context":{"text":"Job Board Software","link":"https:\/\/ejobsitesoftware.com\/blog\/category\/job-board-software\/"},"img":{"alt_text":"Job Board Theme 5","src":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2022\/01\/White-and-Orange-Job-Board-Theme.jpg?fit=1200%2C843&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2022\/01\/White-and-Orange-Job-Board-Theme.jpg?fit=1200%2C843&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2022\/01\/White-and-Orange-Job-Board-Theme.jpg?fit=1200%2C843&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2022\/01\/White-and-Orange-Job-Board-Theme.jpg?fit=1200%2C843&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2022\/01\/White-and-Orange-Job-Board-Theme.jpg?fit=1200%2C843&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/ejobsitesoftware.com\/blog\/wp-json\/wp\/v2\/posts\/2655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ejobsitesoftware.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ejobsitesoftware.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ejobsitesoftware.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ejobsitesoftware.com\/blog\/wp-json\/wp\/v2\/comments?post=2655"}],"version-history":[{"count":0,"href":"https:\/\/ejobsitesoftware.com\/blog\/wp-json\/wp\/v2\/posts\/2655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ejobsitesoftware.com\/blog\/wp-json\/wp\/v2\/media\/2327"}],"wp:attachment":[{"href":"https:\/\/ejobsitesoftware.com\/blog\/wp-json\/wp\/v2\/media?parent=2655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ejobsitesoftware.com\/blog\/wp-json\/wp\/v2\/categories?post=2655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ejobsitesoftware.com\/blog\/wp-json\/wp\/v2\/tags?post=2655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}