ABC Consultants acquire a significant stake in QuezX.com
QuezX is India’s leading online recruitment aggregator that enables companies to hire rapidly across functions and geographies. Employers can access relevant and interested candidates, sourced and serviced by hundreds of recruitment agencies and curated by proprietary technology and machine learning systems. Over the past year, QuezX has helped employers generate over 1200 job offers, ranging from CXOs to bartenders.
Apart from a Series A investment in QuezX, ABC Consultants has merged its online business unit - HeadHonchos - with the operations of QuezX. HeadHonchos.com is India’s leading online Career Services marketplace that offers a range of services for senior professionals to upgrade their skills and prepare for career transitions.
The combined entity now serves all three stakeholders in recruitment – employers, recruitment agencies and candidates. It is India’s first B2B2C recruitment marketplace with a unique database of over 4 million professionals, doubling every 6 months. Head Honchos will now extend its offerings across all levels of professionals.
The company is led by Devashish Chakravarty, Founder of QuezX. He was a Major in the Indian Army involved in cyber–warfare development, a gold medalist as best all round student from IIM Ahmedabad and has run profitable ventures in the recruitment industry before setting up QuezX in 2015.
Devashish Chakravarty, Founder CEO of QuezX said “QuezX is delighted to have ABC Consultants on board as a partner in this exciting phase of rapid growth. As the most prominent recruitment firm in India, ABC’s domain knowledge, market access and credibility, combined with synergies between HeadHonchos and QuezX, will help us achieve our goal of redefining the way recruitment is done.
Shiv Agrawal, Managing Director of ABC Consultants said “QuezX is at the leading edge of a digital shift in the recruitment industry where the power of technology and Artificial Intelligence is harnessed with the human skills of recruiters to serve both job seekers and employers more efficiently. Devashish and his team have built a promising and futuristic product. The traction they have achieved in a short span of time is exciting and augurs well for the new-age recruitment industry”.
Founded in 1969, ABC Consultants is the largest recruitment services firm in India with over 600 professionals, offices in all the major metros and a presence in over eight cities in the country. The company provides effective Talent solutions across organizations through its 25 industry practices.
