Simplilearn launches hiring platform for recruiters, SimpliRecruit
- ByStartupStory | December 6, 2022
The edtech company Simplilearn, which is financed by Blackstone, has introduced SimpliRecruit, a platform for hiring professionals across all technical areas. According to the business, the platform will make it possible for recruiters to find both freshmen and experienced workers for job openings in the disciplines of data science, full-stack Java development, digital marketing, and other tech-related fields.
“Over the years, we have successfully provided quality digital economy upskilling to millions of learners, and we are grateful for that. Going beyond closing the skills gap in the industry and toward empowering recruiters feels like the most natural next step, according to our mindful growth and expansion in recent years,” Krishna Kumar, founder and CEO of Simplilearn, said in a media statement.
“With SimpliRecruit, we want to make it simple for recruiters to find and connect with individuals who have the necessary technical abilities, which is a persistent difficulty in the business. We hope to significantly improve the employment landscape in India and around the world by making our database of millions of students and skilled professionals available to businesses and recruiters”, Kumar added.
According to the company, the platform will cover over three million learners across more than 300 core skills and currently has recruiters from over 450 different companies. The platform is currently free for recruiters, according to the edtech company, and SimpliRecruit relationship managers will support hiring companies at no additional cost.
Tech Mahindra, Mphasis, DSP, Ericsson, Sutherland, Intellect, Bank of America, Quest, Onmobile, Mu Sigma, Fullerton India, Lowe’s, CLSA, Allstate, and Principal are a few of SimpliRecruit’s current hiring partners. In order to accelerate its growth in the US and its global expansion goals, Simplilearn recently announced the acquisition of Fullstack Academy, a US-based Bootcamp education company, in an all-cash deal.
The business recently received $45 million in funding from a group headed by GSV Ventures. These changes occur as edtech unicorns experience losses, lay off staff, scale back expansion plans, and try to spend as little money as possible during a funding winter.
Simplilearn, a company that was established in 2010 and has offices in Bengaluru, India, and San Francisco, California, gives people and companies all around the world access to training that is ready for the workplace. Blackstone, which is listed on the NYSE, disclosed in July that it had paid $250 million for a majority investment in Simplilearn. As a result of the deal, the investors in the edtech startup received an almost 7X return on their capital when they sold their shares after the Blackstone acquisition.