Recruitment start-ups on a tech drive to make a dent in jobs market

The fledgling online recruiters are competing with established names, such as Naukri, Shine and Monster which have a large database. Photo: Indranil Bhoumik/Mint

Online recruitment start-up TalentPad decided to shut shop this month after being in business for barely 18 months. The start-up raised an undisclosed amount from Helion Venture Partners in 2014, acquired technology recruitment platform OptimizedBits and clocked more than $1 million in revenue in its lifetime, but it wasn’t quite enough to help it survive.

In June, Hyderabad Angels-backed WhistleTalk, a social referral platform for hiring, closed down as well.

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