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Aon Hewitt acquires CoCubes, an India hiring assessments company

by StartUp Terminal Bureau
November 15, 2016
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Aon Hewitt acquires CoCubes, an India hiring assessments company
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US-based HR consulting firm Aon Hewitt announced the
acquisition of CoCubes, a hiring assessments company, to strengthen its
presence in India. According to reports, it was an all cash-transaction but did
not specify the deal size.
With this transaction, Aon Hewitt has added two million
assessments to its existing global portfolio of 20 million assessments spread
across 164 countries.


Aon
Hewitt, one of the earliest solution providers in selection and assessment,
helps organisations make better hiring decisions and improve performance by
predicting the success of their potential and current employees.
CoCubes
hiring assessment company based in India, connects colleges, students and
corporates using assessments to create a seamless entry-level hiring ecosystem.
“We
were actively looking for an organisation that focuses on employability
assessments. CoCubes stood out for us as a successful startup with its
profitable growth, resilient leadership team and an innovative technology
platform,” Sandeep Chaudhary, CEO, India Consulting at Aon Hewitt said in
a statement.
Harpreet
Singh, Co-Founder and CEO, CoCubes said that it started nine years ago as an
idea to provide everyone an equal opportunity at building a career.

Aon
Hewitt has over 35,000 professionals in 90 countries that serve more than
20,000 clients worldwide, while CoCubes conducts over two million assessments
for 600 clients across 350 cities.
Tags: Acquisition
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