ANSR, a consulting firm which establishes & operates Global Capability Centers for enterprises has announced the acquisition of FastNext, an AI-driven technology company in an all-stock deal. FastNext was incubated by CoffeeBeans, a boutique product and technology services firm.
The company aims to build with FastNext an AI-driven talent acquisition and management that will expand existing consulting and technology capabilities. This will help clients in areas such as talent acquisition and management. ANSR’s Talent500 will play a pivotal role in this partnership for achieving a comprehensive 360-degree candidate profiles.
Lalit Ahuja, Founder & CEO, ANSR said on the acquisition – “Organizations aren’t going digital, they are digital. Building global capability and engineering centers for technology innovation is a priority for multiple Fortune 1000 companies who are on this journey. As a global market leader in this industry, we are excited to integrate FastNext’s portfolio of AI-based tools and solutions into our portfolio so that data is at the core of everything that our customers do to win in the digital age.”
“FastNext has managed to carve a niche for itself and has built a great reputation in the job seeking community. By combining FastNext’s recruiting tech products and Talent500’s capabilities, we are paving in a new era of AI led talent acquisition market and driving new levels of productivity. Through this acquisition, we will be able to leverage their resources and serve GCCs better,” said Vikram Ahuja, Co-founder, Talent500 by ANSR.
Over the last six months, Talent500 has witnessed growth due to the focus on disrupting the existing recruiting processes in a post-COVID world. With 360-degree assessments, video CV’s, mentoring and nurture of talent and comprehensive 360-degree candidate profiles, Talent500 drives up to 40% faster time-to-hire tailored to the GCC market.
–AK
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.