Qwazent Talent Solutions has announced its acquisition by Dimensions HRD Consultants, a human resources development and talent management solutions. The firm was led by Shruti Nath and the family office of Poshika for the last 7 years. Qwazent served the talent needs of the healthcare industry and built a strong client franchisee over this period.
Qwazent launched its innovative recruitment platform, Hyre last year which is an AI-driven platform to combine human capability transparently with data analytics to deliver the best-suited candidates for clients. Qwazent has agreed to divest its controlling stake to Dimension HRD. Given the wide reach of Dimension's clientele, it is expected that Qwazent business volume would expand rapidly, and clients would benefit from Dimension's deep expertise in this domain.
Commenting on the strategic transaction, Shruti Nath, Mentor and Director - Qwazent said, “Qwazent was founded by 4 Co-Founding Shareholders, led by our family office, Poshika. In the several years that followed it established its name in the Healthcare Search business, grew, got through Covid, streamlined processes, diversified as well as successfully pivoted to the adoption of technology with Qwazent Hyre. Now, Qwazent is all poised and set for growth. We are very pleased that Qwazent has now the opportunity to collaborate with Dimensions led by one of Qwazent’s founding shareholders Mr Anish Handa. We believe his entrepreneurial zeal will benefit Qwazent and its team as both would benefit from being part of a much larger organisation.”
Commenting on this Mr Anish Handa said, “We are excited to welcome Qwazent Talent Solutions to the Dimensions family. Their expertise and experience in Executive Search will complement our existing offerings and enable us to provide even more value to our clients. The acquisition of Qwazent will also enable Dimensions to expand its footprint in the Pharma and Healthcare industry. Qwazent Talent Solutions has a strong presence in this area and has built a reputation for excellence in talent management.”