Glints announces it has raised US$22.5 million in an oversubscribed round led by Tokyo-listed PERSOL Holdings. This marks the largest investment round into a career platform in Southeast Asia to date. This round includes participation from existing investors including Monk’s Hill Ventures, Fresco Capital, Mindworks Ventures, Wavemaker Partners, and other investors including Binny Bansal (co-founder of Flipkart), and Xiaoyin Zhang (Ex-Goldman Sachs TMT China Head & Partner who brought Tencent, Baidu, and Alibaba public).
The new funding will support Glints’ overall mission to empower the career development of 120 million professionals in Southeast Asia by building out the Glints’ Talent Ecosystem, deepening the company’s footprint in Singapore, Indonesia, Vietnam, and Taiwan, and scaling its product and engineering teams.
Despite Covid-19, Glints has seen resilient growth in 2020 with annual revenues more than doubling, continuing the trend of annual revenues growing at triple-digit percentages annually for the past three years