mynoticeperiod rebranding

Online recruitment portal myNoticePeriod.com has rebranded itself to Hiree.com and is also looking to expand its user base, reports ET Tech. As the earlier name suggested, myNoticePeriod used to specifically target active job seekers who were serving their notice periods and connected them to potential openings in other companies. Post the rebranding, Hiree will also target active job seekers currently on a sabbatical, those who have already left a job and aren’t on a notice period any longer, and those who can join immediately.

Hiree

myNoticePeriod co-founder Manjunath Talwar told the publication that they had opened up the platform for such candidates about a month back, and since then about 50% of new job seekers coming to their platform have been those who aren’t necessarily serving a notice period. It’s worth noting that earlier a job seekers profiles expired at the end of their notice period. It’ll be interesting to see if now profiles of non-notice period job seekers remain listed indefinitely or if a specific time period is fixed.

myNoticePeriod had raised Rs 18 crore from IDG Ventures, in February this year. The one-year old startup had previously raised over Rs 2 crore in seed funding from the same investor and other individual investors in September last year. In February, myNoticePeriod had claimed to have seen over 75,000 job seekers and over 5000 signed up recruiters, including Sony, TaxiForSure, Persistent, Walmart, Wipro, Calsoft Labs and Hitachi among others. The ET report mentions that currently the startup claims to have about 165,000 active job seekers and 12,000 registered recruiters on the platform.

Other developments in the online recruitment segment

– Aasaanjobs.com had raised $1.5 million seed funding from venture capital funds Inventus Capital Partners and IDG Ventures India, in January this year. Aasaanjobs is a platform for finding blue collared and entry level white collared jobs in India.

– In October last year, online recruitment platform TalentPad (previously TalentAuction) had raised an undisclosed amount of investment from Helion Ventures, while referral recruitment portal MyRefers.com also raised an undisclosed amount in Series A funding from Bedrock Ventures.

– In the same month, Gurgaon-based referral hiring portal GrownOut also raised an undisclosed amount of investment from Matrix Partners India. Prior to this, the company had secured $40,000 in seed funding as a part of Startup Chile accelerator program’s tenth batch.

– Market leader in the online recruitment segment, Naukri.com introduced a ‘Follow Recruiter’ feature, which allows job seekers to follow particular recruiters on the portal and keep a track of job postings, in November last year.

– LinkedIn allows users to follow companies and receive updates, including job updates. The business networking platform recently claimed to have crossed the 30 million users mark in India.