Global human resources consulting major Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies, Inc., on Monday acquired Mettl, a Gurugram-based online talent assessment firm.
The acquisition of the Cloud technology and data sciences-driven Mettl platform for an undisclosed amount marks Mercer's entry into the rapidly growing global talent assessment market.
"Online talent assessment is a powerful tool that helps companies unlock the potential of their people. Mettl is a disruptive HR tech start-up that has pioneered a robust assessments platform," Anish Sarkar, CEO, India, Mercer, said in a statement.
"The combination of Mercer's pedigree and talent industry experience in India and Mettl's leading-edge and scalable proprietary technology platform will enable companies in India to improve their workforce as they prepare for the future of work amidst rapid digitisation," he added.
Mettl helps companies maximise human potential by measuring talent using assessments conducted via its software as a service (SaaS) platform and by utilising Big Data Analytics.
The platform includes proprietary content to measure personality, ability and job-specific skills.
Mettl also licenses its platform as a stand-alone technology for clients' own content.
"We are very proud of Mettl's success to date and joining Mercer will enable us to fulfil our aspirations of being a world leader in talent assessments," said Ketan Kapoor, CEO, Mettl.
"By leveraging Mercer's global footprint and leadership position, we can sustainably scale our presence and reach, helping companies avoid the cost of suboptimal hiring decisions amidst ongoing digital disruption," Kapoor added.
Mettl offers precise, multilingual assessments conducted via a secure software as a service (SaaS) platform in over 80 countries.
Mercer delivers advice and technology-driven solutions that help organisations meet the health, wealth and career needs of a changing workforce. Mercer's more than 23,000 employees are based in 44 countries and the firm operates in over 130 countries.