OLX Group acquires Aasaanjobs

Naspers-funded OLX Group has acquired Aasaanjobs for an undisclosed amount, a move aimed at strengthening the classified player's position in the online job search segment.

With the acquisition of Aasaanjobs, a recruitment marketplace for blue and grey-collar jobs in India, OLX will further strengthen its jobs vertical, OLX said in a statement.

This will help address the growing requirement of over 60 million urban workforce in India valued at over USD 1 billion, it added.