Monster yesterday announced that it has transformed to a “full-fledged talent management platform” and, with immediate effect will be known as 'foundit'.

In 2018, Quess Corp acquired Monster Worldwide's APAC & ME businesses as a strategic investment to strengthen its HR services portfolio, and has been operating in Singapore, Malaysia, Philippines, Hong Kong, Vietnam, Thailand, Indonesia, India, UAE and Saudi Arabia. The Monster brand in other markets was acquired by Randstad and still operates under that name.

In 2021, Monster raised USD 18 Million in a funding round led by investors Akash Bhanshali of Volrado Venture Partners and Mohandas Pai of Meridian Investments to fuel its product led offerings and market expansion. Under the new brand name, the company aims to transform itself to an end-to-end talent management platform which will offer comprehensive solutions to recruiters and highly personalised and contextual services to job seekers across Asia Pacific and the Middle East.

One of the key features that job seekers can look forward to on the new rebranded version, foundit.in, is personalised job discovery and enablement solutions. With foundit.in’s customised search results feature, candidates will also receive results and recommendations that are curated to their educational background, employment experience and validated skills. Other features will include a community-led mentorship marketplace, skills validation through assessments, mobile-first UI, personalised recommendations, and self-enhancement tools like upskilling courses.

For recruiters on the platform, foundit.in will offer a wide data set for each candidate along with insights and analytics that is aimed at making the process efficient as well as customised for each role's requirements.

Speaking at the new brand unveiling event, Sekhar Garisa, CEO, foundit (previously Monster) said, "Technology is leading disruption across sectors and Talent Acquisition is no exception. The pandemic has fundamentally changed the way we work and the way we hire. We have been privileged to witness the talent acquisition landscape evolve over the last three decades, giving us an unparalleled depth of insights into recruitment. The platform of the future needs to cater to a highly dynamic job market, skill-based hiring & changing expectations from career. We are excited to unveil a new direction for Monster from simply facilitating job and candidate discovery to enabling significantly better talent management outcomes."