Revolutionizing Talent Acquisition with Enhanced Efficiency, Personalization, and Cost Reduction
Bengaluru, NFAPost: foundit (formerly Monster APAC & ME), India’s premier talent platform with a robust clientele of over 7000 organizations, has officially launched a cutting-edge recruitment solution poised to reshape the future of hiring. Following a successful preview with nearly 100 companies, the innovative platform boasts an impressive 80% surge in recruiter productivity, a 4.5X reduction in recruitment costs, and a remarkable 2X increase in candidate response rates.
A Glimpse into the Future of Recruitment
Amidst a landscape where HR functions increasingly embrace tech-centric talent acquisition tools, foundit’s reimagined hiring solution presents a holistic approach. Going beyond the conventional active job seekers, the platform now taps into a broader talent pool, incorporating passive candidates. The product’s key features include Super Profiles, offering comprehensive candidate information beyond the resume, Smart Insights, an industry-first feature providing valuable system-generated insights, and Magic Search – an AI-powered search personalized by organization with over 35 Smart Filters.
The Power of AI-Driven Outreach
One of the standout features of foundit’s solution is the AI-driven outreach module, facilitating mass personalization and ensuring a higher candidate response rate. This strategic use of artificial intelligence brings about an 80% improvement in recruiter productivity, addressing challenges such as navigating multiple sourcing platforms and communication inefficiencies.
A Seamless Collaboration Tool
To further streamline the recruitment process, foundit introduces a seamless collaboration tool, enhancing communication and coordination among recruiters. This addition aims to eliminate bottlenecks in closing positions, providing recruiters with a comprehensive and agile solution.
The Evolution of foundit: A Commitment to the Future
The launch of this next-gen recruitment solution represents a pivotal moment for foundit, formerly Monster APAC & ME, in its journey of evolution since rebranding last year. The company’s commitment goes beyond problem-solving to anticipating and building for the future, addressing the evolving needs of recruiters in a dynamic job market.
Navigating the Future with Strategic Investment
Having raised ₹137.5 crores in a funding round in 2021, led by investors Akash Bhanshali of Volrado Venture Partners and Mohandas Pai of Meridian Investments, along with participation from Quess Corp, foundit is strategically positioned to fuel product-led offerings and expand its market presence.
Shaping the Future of Recruitment
As a key player in advancing the recruitment landscape, foundit’s dedication to refining the hiring process and fostering efficiency aligns with its parent company Quess Corp’s forward-looking strategy. With technology at the forefront, foundit aims to usher in a new era of precision in recruitment, contributing to India’s trajectory towards a $5 trillion economy.
In this transformative journey, foundit envisions connecting the right talent with the right opportunities, defining the future of recruitment through innovation and strategic vision.
About foundit APAC & Middle East
foundit, formerly Monster (APAC & ME), stands as a leading talent platform offering comprehensive employment solutions across APAC & ME. With a rich history of assisting over 75 million registered users and enabling over 7,000 customers to find the right talent, foundit remains at the forefront of recruitment solutions. Leveraging advanced technology, the platform is committed to hyper-personalized job searches and precision hiring, solidifying its position as a catalyst in the world of talent acquisition.
To learn more about foundit in APAC & Gulf, visit: foundit.in | founditgulf.com | foundit.sg | foundit.my | foundit.com.ph | foundit.com.hk | foundit.com.id
