Mynavi Corporation, a leading human resources services and information media company, has announced that it has acquired Gurugram-based People Matters, a fast-growing media platform and community for HR and talent leaders in India and APAC, as a subsidiary.
This is the first time Tokyo-headquartered Mynavi has acquired an Indian company as a subsidiary.
People Matters provides information on the latest trends, ideas, and knowledge related to HR in its own media products. The company is also known for hosting People Matters TechHR, Asia’s largest HR Tech conferences, in India and Singapore. It has established a dominant position in India by helping all professionals in HR, including executives and HR personnel, to find solutions to their challenges.
India, as a country experiencing population and economic growth, a country producing IT talent, and a hub for startups, has attracted investment from around the world and has become a central presence in the Asian and global economies. At the same time, it is a country where there are significant disparities and social issues, Mynavi said in a news release.
With the acquisition, Mynavi aims to leverage the global insights, brand power, and network of People Matters in the HR field and further expand Mynavi’s business in India and Asia. In addition, the company said it will contribute to solving India’s social issues through its business.