Aasaanjobs acquires mHire

New Delhi [India], June 6 : Online recruitment marketplace Aasaanjobs that connects employers, consultants and job seekers has announced acquiring of mHire, a Noida based recruitment platform focused on skilled and semi-skilled blue and grey collar (ie entry-level) jobs.

By the strategic acquisition, Aasaanjobs plans to strengthen its presence in the Northern part of the subcontinent and onboard partners and clients that mHire has in its folds.

The recruitment marketplace, mHire has some of the country's select Staffing, Logistics, Security, Telecom and Retail companies amongst its clients.

Founded by ex-investment banker Priyank Bakshi and serial tech entrepreneur Bahul Arora, mHire connects employers, placement consultants, skill development institutes and jobseekers through its tech-enabled marketplace.

Employers can choose to either manage their own recruitment process by directly contacting the jobseekers listed with mHire or hire vendors through mHire to outsource their recruitment process.

The company has built automated job-jobseeker matching algorithms, a bidding system for choosing vendors along with an escrow mechanism for managing payments etc.

"This association further strengthens our footprint in North India. We are immensely excited about learning from mHire's experience. The job market is evolving fast and there are a lot many dynamics and challenges at play. Our aim is to solve the problem together and we are committed towards resolving those," said CEO Aasaanjobs, Dinesh Goel.

"We look forward to leverage on Aasaanjobs' scale and its expertise in the staffing services business, to bring a substantially better product for our customers," said CEO mHire, Priyank Bakshi.

Source: ANI