About Hiree
Hiree is a Technology company based in Bengaluru (India) founded in 2014, and was acquired by Quikr in July 2016. It operates as a job seekers and recruiters are connected via an online platform. Hiree has raised $3.25 million across 1 funding round from investors including Quikr, Chiratae Ventures and Prashant Kirtane. The company has 2 employees. Hiree was last valued at $8.73 million in August 2014. Its Indian entity Abhiman Technologies Private Limited reported revenue of ₹47.2 Lakh. The company was acqui-hired. Its focus areas include Enterprise Applications, HRTech, Job Board and Industry Specific. Its competitors include Glassdoor, LinkedIn, Apna, Naukri.com and Unstop and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
Rebranded from MyNoticePeriod, offers a platform to help jobseekers find for positions fit for them along with a recruiter platform to manage their job listings and get candidate applications. Also offers a recruiter app to help scan candidates, schedule interviews and even contact them through a single interface. Available on Android playstore. It helps recruiters reduce the hiring lead time and improve efficiency while providing an opportunity to job seekers to get a better offer than the one they hold. Claims of having 165K active job seekers and 12K registered recruiters on its portal. For recruiters, it provides a subscription based model and is free for job seekers. Laid off 80 of workforce in April 2016.
Associated legal entities of Hiree
Hiree operates through Abhiman Technologies Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Abhiman Technologies Private Limited CIN U72200KA2013PTC069202 | Amalgamated | 20 May 2013 | Bangalore, Karnataka | ₹0.5 Cr | 2 | 2 | View details |
Funding Insights of Hiree
Hiree has successfully raised a total of $3.25M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.25 million completed in August 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.25M
- Total Rounds 1
- Last Round Series A — $3.25M
- First Round $3.25M
(Aug 2014)
- Investors Count 7
All 1 funding rounds of Hiree with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2014 | $3.25M | Series A | $8.73M | Chiratae Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2014 | $8.73M | •••••••• |
Last known valuation $8.73M (Aug 2014). 8 investors in total: 2 institutional and 6 angel.
Investors in Hiree
Hiree has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Quikr, Chiratae Ventures and Prashant Kirtane.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on seed-stage startups | – | chiratae.com | Bengaluru, India | |
Online platform for second-hand listings and peer-to-peer transactions | 2008 | quikr.com | Bengaluru, India | |
PK Prashant Kirtane | Angel investor and tech leader, ex-Cisco, focused on Indian startups | – | unknown_63a0fe42a2884cf0b | - |
RG Ravi Gururaj | - | – | unknown_4c9630c5094649d9b | - |
ST Shamsunder Talreja | - | – | unknown_6357bf9a3a4f4d47b | - |
RK Raghavendra Krishnananda | - | – | unknown_0e9811b4a4994cf98 | - |
MT Manjunath Talwar | Angel investor, ex-Amazon, focused on early-stage Indian startups | – | unknown_9487d6f5db2c46b8a | - |
AK Abhijit Khasnis | Angel investor and advisor, ex-entrepreneur with focus on tech startups | – | unknown_59fabd25441d477ab | - |
Investor details for Hiree
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Abhiman Technologies Private Limited (Hiree)
Abhiman Technologies Private Limited is the primary company behind Hiree. The board of Abhiman Technologies Private Limited currently have 2 directors; the longest-serving is Amit Jain, appointed in 2017. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Jain DIN 06523739 | Director | 09 Jan 2017 | 9 yrs 9 mo | Abhiman Technologies Private Limited |
| Rajesh Sankapankutty Warrier DIN 06656312 | Director | 09 Jan 2017 | 9 yrs 9 mo | Abhiman Technologies Private Limited |
Financials of Hiree
Figures of Abhiman Technologies Private Limited, the primary company behind Hiree, for FY 2018. Revenue was ₹47.2 Lakh (-79% year on year). Net loss was -₹1.93 Cr (-408% margin). EBITDA was -₹1.52 Cr (-323% margin). Revenue has grown at a compounded annual rate of -15% over three years.
- ₹47.2 LakhRevenue · FY 2018 · -79% YoY
- -₹1.93 CrNet loss · -408% margin
- -₹1.52 CrEBITDA · -323% margin
- ₹6.7 LakhPaid-up capital
- 2Employees (provident fund records)
- -15%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Abhiman Technologies Private Limited are on its company page.
Detailed financial statements for Hiree
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Hiree
4 dated milestones of Hiree across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Hiree is founded.
- Funding First funding round of $3.3M.
- Milestone Reaches Minicorn status.
- Exit Acquired by Quikr.
Competitors of Hiree
Hiree has 10 listed competitors in our database, 7 of them funded. They include Glassdoor, LinkedIn, Apna, Naukri.com and Unstop, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| glassdoor.com | 2007 | San Francisco, United States | $201.5M | 774 | Anonymous employee reviews and job search platform are operated. | |
| linkedin.com | 2003 | Sunnyvale, United States | $144.41M | 12,239 | Professional networking, job recruitment, and career tools are provided. | |
| apna.co | 2019 | Bengaluru, India | $193.5M | 766 | Developer of AI‑powered job marketplace connecting early career talent | |
| naukri.com | 1996 | Noida, India | – | 12,066 | Multi-industry hiring solutions are facilitated via an online job board. | |
| unstop.com | 2017 | Delhi, India | $5.28M | 54 | Online platform for talent engagement and skill based hiring | |
| adzuna.com | 2011 | London, United Kingdom | $282,553 | – | Aggregator of job postings and provider of job search tools | |
| aasaanjobs.com | 2014 | Mumbai, India | $6.58M | 1,362 | Multi-industry job vacancies are browsed and applied for online. | |
| foundit.in | 1999 | Hyderabad, India | – | 471 | Online job board platform for multi-industry | |
| iimjobs.com | 2008 | Delhi, India | $2.18M | 5,887 | Online job board for mid and senior level management positions | |
| shine.com | 2008 | Gurugram, India | – | – | Online job portal facilitating two-way matching for recruiters and candidates. |
Detailed competitors of Hiree
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Hiree (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Related news about Hiree
Complete news archive for Hiree
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Frequently Asked Questions about Hiree
Hiree was founded in 2014.
Hiree is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Hiree is a funded company, having raised a total of $3.25M across 1 funding round to date. The company's 1st funding round was a Series A of $3.25M, raised on Aug 2014.
Hiree has 2 employees.
The primary company behind Hiree, Abhiman Technologies Private Limited, reported revenue of ₹47.2 Lakh for FY 2018, down 79% year on year.
Rebranded from MyNoticePeriod, offers a platform to help jobseekers find for positions fit for them along with a recruiter platform to manage their job listings and get candidate applications. Also offers a recruiter app to help scan candidates, schedule interviews and even contact them through a single interface. Available on Android playstore. It helps recruiters reduce the hiring lead time and improve efficiency while providing an opportunity to job seekers to get a better offer than the one they hold. Claims of having 165K active job seekers and 12K registered recruiters on its portal. For recruiters, it provides a subscription based model and is free for job seekers. Laid off 80 of workforce in April 2016.
Hiree has 8 investors. Key investors include Quikr, Chiratae Ventures, Prashant Kirtane, Ravi Gururaj, and Shamsunder Talreja.
The valuation of Hiree is $8.73M as of Aug 2014.
Hiree operates through Abhiman Technologies Private Limited.
Yes. Hiree was acquired by Quikr in July 2016.
The legal entities of Hiree currently have 2 directors, including Amit Jain, Rajesh Sankapankutty Warrier.