· Monster, a household name for job seekers and recruiters (employers), will now be known as foundit.in in India, SEA and Gulf markets.
foundit.in will be equipped with modern technology, offering personalized recommendations, mobile-first UI and will bring efficiency to the recruitment process.
Bengaluru, India’s leading job search portal Monster.com today achieved an important milestone by transforming into a full-fledged talent management firm. From today the monster will be known as ‘foundit.in’ with a new logo and vision and with this it has created a new revolution in the job market.
Following the acquisition by Ques Corp in 2018 in the APAC and ME markets, Monster serves approximately 10,000 customers and over seven crore job seekers across 18 countries. The company is now evolving into an end-to-end talent management platform, providing a comprehensive solution to recruiters (employers) in India, SEA and the Gulf and highly personalized and contextual results to job seekers. This shift is in line with the company’s mission to connect the right talent with the right opportunities.
Speaking on the occasion of unveiling the new brand, Sekhar Garisa, CEO, Foundit.in (formerly Monster) said, “Technology has been a significant disruptor in various sectors and the talent acquisition sector is no exception. The pandemic has radically changed the way we work and recruit.
We have had the unique opportunity to observe the changing landscape of talent acquisition over the last three decades, giving us deep insight into recruitment. The platform of the future has to take into account the highly dynamic job market, skill-based recruitment and changing expectations on careers. We are thrilled to give Monster a new direction for significant and better talent management results from a platform that only hires and finds candidates.”
Commenting on foundit.in’s role in realizing parent company Ques Corp’s future-forward strategy, Ajit Issac, founder and non-executive chairman of Ques Corp and foundit.in, said, “Ques has been known for its service-based offering for the last 15 years.
which has earned the trust of its associates and customers. As an organization steadfast in our commitment to formalize jobs in India, we are focusing on building a product-based portfolio that helps democratize formal employment among white, blue and gray collar workers. We acquired Monster APAC and ME with a vision to transform white collar talent acquisition.
Over the past two years, companies have been experiencing everything from ‘Great Resignations’ to ‘Great Regrets’, necessitating rapid recruitment at an unprecedented pace. But now that the market is stabilizing, recruitment will become more sharp, focused and skill-based. Such precision can only be achieved through a combination of human skills and technology and through foundit.in we are providing this to our recruiters and job seekers.”
In 2018 Ques Corp acquired Monster Worldwide’s APAC business as a strategic investment to strengthen its HR portfolio and has operations in India, Singapore, Malaysia, Philippines, Hong Kong, Vietnam, Thailand, Indonesia, UAE and Saudi Arabia.
In 2021, Monster raised Rs 10,000 in a funding round led by investors such as Volrado Venture Partners and Mohandas Pai of Meridian Investments to expand its product-based offering and market. 137.5 crore was collected.
As part of the brand evolution, Foundit.in is refocusing on the users of the platform to bring forward a complete career experience. From leveraging disruptive technologies like AI and ML for precision recruiting to superior UI, the company offers recruitment solutions unmatched by any other company in the market.
Job seekers can also avail features like personalized job discovery. Foundit.in’s personalized search results feature will provide candidates with results and recommendations tailored based on their educational background, work experience and skills.
Other features include a community-led mentorship marketplace, skill validation through assessment, mobile-first UI, personalized recommendations and self-enhancement tools like upskilling courses.
As the market leader in providing the best recruitment solutions in the business, Foundit.in is evolving into a platform that reflects and embraces the diversity of the Indian job market. For recruiters it will provide a rich data set of each candidate and provide insights and analytics,
Which will make the process efficient and customized as per the requirement of each role. New interfaces and features allow seamless and easy exchanges between recruiters and candidates.
