Cloud firm Zoho acquires hiring automation startup, ePoise Systems

Zoho Corporation which provides a suite of SaaS applications and online productivity tools has acquired ePoise Systems, a hiring automation product start-up for an undisclosed amount. 

Founded in 2013 by Sachin Agrawal and Bishan Singh, ePoise automates the various steps for screening candidates for specific roles in companies (including a set of assessments) leading to a video interview in an attempt to bring efficiency to the hiring process for high volume recruiters. 

The employees of ePoise are already working at Zoho's south Chennai campus but it’s not clear how many have joined the cloud company. At its peak, ePoise had around 100 employees.

“The combination of Zoho's global footprint and depth of product portfolio and ePoise’s product capability and talent will add value to our customers. We are open to such tech-focused acquisitions. We look for whether the acquisition plays well into our existing product portfolio, and more importantly if there is a cultural fit at a team level,” Sridhar Vembu, Zoho’s founder and chief executive, said in the statement.

Zoho currently has over forty business applications in the areas of CRM, HR, Finance, Office productivity and Customer Service and a customer base of 45 million users worldwide, according to the company. It had also recently launched its new version of its Office Suite on which it positioned as an alternative (and collaborative) toolset to Microsoft and Google and other technology giants.