TeamLease acquires 40% stake in Schoolguru for Rs13 crore

TeamLease acquires 40% stake in Schoolguru for Rs13 crore

The purchase of additional stake by TeamLease is linked to Schoolguru’s future performance and meeting its milestones. New Delhi: Staffing services firm TeamLease Services on Wednesday said it has acquired 40% stake in online learning company Schoolguru Eduserve Pvt Ltd for Rs13.53 crore, a move that will accelerate TeamLease’s employability strategy. Both the companies have signed a definitive agreement to this effect. “TeamLease’s infusion of Rs13.53 crore into the company (Schoolguru) will be primarily used to expand its business into new geographies, strengthen existing technology and content library, and innovate in…

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Mumbai-Based Aasaanjobs Acquires Recruitment Startup MHire

Mumbai-Based Aasaanjobs Acquires Recruitment Startup MHire

Mumbai-based online marketplace for recruitment Aasaanjobs, has acquired Noida-based mHire. Aasaanjobs was founded in 2013 by Dinesh Goel, Aditya Gupta, Gaurav Toshniwal, Kunal Jadhav, and Siddhartha Das. It is an end-to-end recruitment marketplace connecting employers, consultants, and job seekers. On the other hand, mHire was founded by Priyank Bakshi and Bahul Arora. It is a recruitment platform focussed on skilled and semi-skilled, blue and grey collar (i.e. entry-level) jobs. Dinesh Goel, CEO of Aasaanjobs said, “The job market is evolving fast and there are different dynamics and challenges at play….

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