To strengthen its offering for tech recruiters in India, Delhi-based online talent recruitment marketplace TalentPad, which services more than 1,200 clients, has acquired Bengaluru-based hiring and assessment portal, OptimizedBits. The deal amount is still undisclosed.
Helion Ventures backed TalentPad connecting talent with employers in the technology, Internet and analytics space. The firm claims to touch a $1 million annual run rate this June and has witnessed a growth of 50% month-on-month in revenues over the last six months. Started in 2014 by co-founder and CEO, Mayank Jain, TalentPad currently works with companies that includes Housing.com, Flipkart, Zomato, Myntra and InMobi.
OptimizedBits was founded in 2014 by IIT alumni Gaurav Mangla along with three others, its clients are Knowlarity, PropTiger, Sumologic, Dialogic, iRunway, Kirusa, Zenify, Nivaata and Headout.