Vietnam’s TopCV raises $430k from Next100

Vietnam’s TopCV raises $430k from Next100

Vietnam’s TopCV raises $430k from Next100

Next100, a $10-million early-stage-focused fund operated by Vietnam technology company NextTech Group of Technopreneurs, has invested nearly VND10 billion ($430,000) in recruitment platform TopCV, according to an announcement. The new funding will be used to launch a remote recruiting portal that helps job seekers and employers find more opportunities amid the pandemic.

Established in 2015, TopCV provides tools to enable job-seekers to prepare an impressive resume to increase their chances of finding placements. It also owns two other platforms that connect employers and job-seekers.

The company claims that it has nearly 3 million candidates and 95,000 employers on the platform and has successfully connected more than 150,000 candidates to employers to date.

According to TopCV’s survey, after 3 months in the pandemic, the number of businesses recruiting personnel dropped 30-35 per cent.

“It is time for businesses to be flexible not only in the business model, but also in the way to recruit new personnel and enhance the ability to work remotely,” said Tran Trung Hieu, CEO of TopCV. Most recently, Next100 invested $500,000 in Chatbot Vietnam JSC, which owns Bot Ban Hang, a platform that connects advertisers and sellers.

According: Dealstreetasia