Courier-Wala an AI and Dynamic Marketing Enabled Shipping Service has been acquihired by the Indian eyewear Omni-channel retailer Lenskart Solutions. The specialized web retailer closed the acquihire deal to boost its tech talent.
An AI SAAS Product, Courier-Wala is a courier aggregation platform for shipping light to heavy shipment. It was founded by 3 IIT Alumni and the product was used by more than 200 E- commerce sellers in India. The tech logistics Startup assisted businesses with the best percentage of delivery by deploying a machine learning algorithm.
Recruitment leaders across diverse Indian industries are finding it challenging to timely recruit skilled tech workers and developers. Leading corporations amidst the process of their internal digital transformations are thus choosing to strategically execute acquihire transactions as a swift means to hire technologists. They are acquihiring Startups rather than hiring individual tech professionals and Developers.
Several factors are responsible for the increasing number of acquihire deals in the Startup space. The major cause is the bunch requirement of Technologists and Developers at one go in case of tech enterprises launching extensive tech initiatives such as new applications or internal programs. Given that the Startup teams are already experienced in working as a team and developing internal processes, the leading firm acquihiring them saves much time and resources required for training each new employee and adoption processes.
The primary motivation behind the acquihire transactions is to attract and access top technical and entrepreneurial talent with peak levels of motivation to perform. Moreover, these teams require minimal supervision further enhancing their appeal for the big Startups seeking acquihiring. The leading companies are thus comfortably placed on the pathway to accelerated market reach and business expansion through acquihiring of smart professionals.
The acquihiring of Courier-Wala by Lenskart was driven by the need to instantly absorb professionals who are already trained in the required trade and technology saving the latter much valuable time to focus on business growth.
Empowering Big Corporations with prized tech and entrepreneurial talents – ACQUIHIRE
Acquihire.in, an acquihiring practice of Talentiser offers a great value proposition to big companies by providing access to talented teams with high levels of motivation and tech expertise. Simultaneously, Startups struggling for growth avenues are assisted with lucrative alternative exit options through our valuable assistance and professional guidance.
Our team of experienced professionals goes the extra mile to ensure due diligence essential for the success of the acquihiring deal for both the stakeholders. We have equipped market leaders in tech and emerging sectors with qualified and trained professionals needed for crucial team expansion and achieving organizational goals.
Tag: Courier-Wala, Lenskart, Acquihired