Info Edge to acquire hiring portal DoSelect for Rs 21crore

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Mumbai: Info Edge has entered into an agreement to acquire DoSelect.com for Rs 21 crore. InfoEdge will acquire a 100% stake in Bangalore based DoSelect – a data-driven skill assessment platform.

Iliyas Shirol and Rohit Agrawal co-founded DoSelect.com in 2015. It has secured seed funding from investors including Mumbai Angels, 3one4 Capital, Aarin Capital and InMobi’s Co-Founder Mohit Saxena.

The DoSelect’s acquisition will further strengthen Info Edge’s position in the recruitment sector along with Naukri.com. And help the company to offer new services under the flagship brand Naukri.com

DoSelect uses data-driven assessment intelligence in the recruitment lifecycle. It has over 150 customers across enterprises, SMEs and startups in various sectors.

“The Info Edge association gives us much-needed support, resources, and an ecosystem to achieve our aim of creating the best assessment automation software,” said Rohit Agrawal Co-Founder and CEO – DoSelect.

“We will continue to fortify our product offering in addition to bringing in better leverage with the Info Edge ecosystem and deeper integration with their services,” added Agrawal.

“DoSelect will run as a business unit of Info Edge and this acquisition will only broaden our platform offerings in terms of products and solutions by joining a larger and stronger ecosystem,” informed Agrawal.

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