Monster job sites in India, Southeast Asia and the Gulf have been rebranded as FoundIt as parent company Quess Corp shifts strategy.

According to a news release, Quess Corp-owned Monster job sites, which were acquired in 2018 from Randstad Holding NV, have rebranded as FoundIt with new value propositions and target segments. The rebranding applies to all the Monster verticals under Quess Corp’s ownership in SEA, the Gulf and India. The rebranding comes a week after the group released its Q2, FY22-23 (the quarter ending September 2022) financials, where revenues increased 32% year on year.

The rebranding will see the new entity harness AI, data and analytics to fine-tune its offerings for its user base of 70 million job seekers across 18 countries. While continuing Monster’s marketplace model, FoundIt will introduce talent management services, tapping into the burgeoning HRTech space. The renewed focus on skill-based hiring will see FoundIt cater to blue- and grey-collar workers.

“The platform of the future needs to cater to a highly dynamic job market, skill-based hiring and changing expectations from careers. We are excited to unveil a new direction for Monster from simply facilitating job and candidate discovery to enabling significantly better talent management outcomes,” said Sekhar Garissa, CEO of FoundIt.

In August, the company launched a fellowship program along with a grant worth $1.3 million U.S. At the time, it cited skilling as the objective behind the Zuno Fellowship Programme. The company said that the transition would be complete by April next year.

Founded in 2007, Quess Corp has a footprint in nine countries with over 3,000 clients. Its shares were trading at $5.19 U.S. at the time of reporting.

 

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