Glints, the Singapore-based profession platform, introduced at this time it has raised $22.5 million in Collection C funding led by Japanese human sources administration agency PERSOL Holdings. The brand new capital shall be used on Glints’ enlargement in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product and engineering groups.
Glints co-founder and chief government officer Oswald Yeo stated that is the most important funding spherical so far for a expertise platform in Southeast Asia, and brings the startup’s complete raised to $33 million. Different members included returning traders Monk’s Hill Ventures, Fresco Capital, Mindworks Ventures, Wavemaker Companions, Flipkart co-founder Binny Bansal and former Goldman Sachs TMT China head and companion Xiaoyin Zhang.
Based in 2013, Glints says it has been utilized by greater than 1.5 million professionals and 30,000 organizations, together with Gojek, Tokopedia, Starbucks and Mediacorp. Most of its present customers are from the tech and monetary companies sectors, however Glints has a “broad horizontal give attention to younger to mid-level professionals,” and its long-term purpose is to be sector agnostic, Yeo advised Fundingnewsasia.
One of many methods Glints differentiates from different job platforms lively in its markets, like LinkedIn, JobStreet and CakeResume, is by constructing a “full-stack” of companies for individuals who wish to advance their careers. Along with its job market, which the corporate says has greater than 7,000 lively listings and 4 million guests every month, Glints additionally gives group options and expertise training, like on-line courses.
One in all Glints’ worth propositions helps corporations, particularly in tech, deal with the regional expertise scarcity, a subject it lately coated in a comprehensive report with Monk’s Hill Ventures.
One of many options the report highlighted is hiring groups primarily based in numerous Southeast Asian international locations to deal with expertise crunches in particular markets, like Singapore. Glints says its cross-border distant work hub, TalentHub, doubled its enterprise in 2020 because the pandemic additionally made employers extra open to hiring remotely.