TalentPad, a curated online marketplace for tech talent in India, currently works with over 200 companies including Housing.com, Flipkart, Zomato, Myntra and InMobi
TalentPad, a curated online marketplace for tech talent in India, has acquired tech recruitment platform OptimizedBits, for an undisclosed sum. Post acquisition, TalentPad will retain the entire team including the founders, who will now operate out of TalentPad’s office in Delhi.
Started in 2014, TalentPad is a curated marketplace connecting high-quality talent with employers in the technology, Internet and analytics spaces. Basically, instead of a premium candidate running after companies one by one through inefficient and multiple channels like job boards, career sites and head-hunters, TalentPad has created a platform for them to showcase themselves to hundreds of employers (across segments and geographies) at once and let them make the first move, resulting in better roles and compensation for the candidate.
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For the employers, it’s a platform to source highly-curated and active candidates in a short interval of time (in the matter of weeks) and also filtering redundant profiles.
TalentPad currently works with over 200 companies that include Housing.com, Flipkart, Zomato, Myntra and InMobi. The firm claims it is currently doing a revenue run rate of close to US$1 million and witnessed a growth of 50 per cent month-on-month in revenues over the last six months.
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Last October, TalentPad had raised an undisclosed sum in seed funding from Helion Venture Partners.
OptimizedBits was founded in 2014 by a bunch of IIT Guwahati and Kanpur alumni aimed at disrupting the traditional recruitment space with a more intelligent and data-driven new-age marketplace. The core thought behind starting OptimizedBits was to provide both the participating parties i.e recruiters and candidates with more transparency and accurate information about each other which will enable them to quickly make more informed and data-driven decisions. Some of its key clients are Kirusa, Knowlarity, PropTiger, Sumologic, Dialogic, iRunway, Zenify, Nivaata Systems, and Headout.
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