Singapore-based talent platform for career development and recruitment Glints on Tuesday announced to have raised $22.5 million in an oversubscribed round led by Tokyo-listed PERSOL Holdings. The new funding will support Glints’ overall mission to empower the career development of 120 million professionals in Southeast Asia and to solve the regional talent crunch, with the team building out more features and solutions on the Glints’ Talent Ecosystem, deepening the company’s footprint in Singapore, Indonesia, Vietnam and Taiwan, and scaling its product and engineering teams. “With the pandemic accelerating the future of work and causing big changes in the labor market, our mission to empower the 120 million professionals in Southeast Asia is more important than ever. The speed at which they’ve achieved sustainable revenues with solid business fundamentals and the scale at which they have built a substantial talent and employer base is astounding,” added Peng T. Ong, managing partner, Monk’s Hill Ventures. The company has also seen positive contribution margins across all business units, with Indonesia and Vietnam markets already profitable.
Glints Raises $22.5 Mn From PERSOL Holdings