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Recruitment startup Glints raises S$475,000 in seed funding from East Ventures, SPH Media Fund
GLINTS, a Singapore startup that has built a platform to match young employees focused on career discovery and development to relevant internship or job opportunities, has raised S$475,000 in seed funding.
The "oversubscribed" seed round, said Glints on Wednesday, was led by East Ventures with participation from SPH Media Fund, 500 Startups, Singapore Infocomm Investments (IIPL), 8 Capita and Pix Vine Capital.
"There is clearly a gap in the recruitment industry. The incumbent platforms generate a low quality of leads and provide an inefficient filtering process," noted Willson Cuaca, managing partner at East Ventures.
Glints is also building a Dynamic Skills Tree feature that will help youths explore different career paths and guide them to acquire the relevant, in-demand skills.
"(This) will canvass a taxonomy of real-world skills demanded for different careers, and match the youth to different skills-acquisition paths through internships, projects and courses. By giving young people a tool to independently develop the relevant skills at their own pace, Glints aims to minimise the skills mismatch and help young people land their dream jobs," said the startup.
The platform now has over 7,000 students and 600 companies, including local startups Easytaxi and Redmart, as well as global corporations such as Adidas and Puma.
Glints, founded by 21-year-olds Oswald Yeo, Seah Ying Cong and Looi Qin En, had been part of the JFDI (Joyful Frog Digital Incubator) accelerator programme before raising venture capital.