<article><a style="color: #000080;" href="http://www.wgs.co.id" target="_blank">PT Walden Global Services</a> (WGS), an Indonesian enterprise tech firm, has invested in Singaporean HR tech startup <a href="http://www.temploy.com/" target="_blank">Temploy</a>.</article>

<a style="color: #000080;" href="http://www.wgs.co.id" target="_blank">PT Walden Global Services</a> (WGS), an Indonesian enterprise tech firm, has invested in Singaporean HR tech startup <a href="http://www.temploy.com/" target="_blank">Temploy</a>.
The details of the deal were not disclosed.
Launched in 2014 by serial entrepreneur <a style="color: #000080;" href="https://sg.linkedin.com/in/markgkoh" target="_blank">Mark Koh</a>, to solve the chronic manpower shortfalls for temporary blue-collar jobs, Temploy targets part-time workers. It pairs employees with a pool of prospects using a proprietary algorithm that matches the two. Its business model is functioning as a two-sided marketplace that charges jobseekers for a successful match and twice that is charged from the employers. Mobile applications are another development to be launched in the future.
Temploy has expanded across Southeast Asia and in Central Europe, with operations in Malaysia, Thailand and Hungary, since its launch last year. This investment deal with PT Walden now extends their services to the booming Indonesian market, reflecting a trend of <a style="color: #000080;" href="http://www.humanresourcesonline.net/local-firms-increasing-spend-hr-tech-mobility-cloud/" target="_blank">Singapore firms spending more on HR technology solutions</a>.
In fact, the investment is reflective of prevailing trends in HR technology, with more firms leveraging on their ability to outsource non-core functions and engage contract and temporary staff. This allows for a more robust bottom line and flexibility in attending to manpower needs. This is rapidly emerging as one of the <a style="color: #000080;" href="http://www.forbes.com/sites/drewhendricks/2015/02/09/why-hr-tech-and-its-entrepreneurs-are-the-new-venture-promised-land-their-humanity/" target="_blank">fields that investors will want to monitor</a>.
Temploy released a statement saying :“The deal with WGS will give Singaporean and Indonesian businesses access to employee candidates to solve chronic shortfalls in manpower.”
The deal will see the Temploy establishing an Indonesian office with WGS, along with enabling Singaporean businesses to tap on the resources of part-time Indonesian developers, for example.
<a style="color: #000080;" href="https://id.linkedin.com/in/ikinwirawan" target="_blank">Ikin Wirawan</a>, chairman of WGS, stated: “Temploy can help hundreds of thousands underemployed people in Indonesia to fare better. This is the app that will make this country happier.”
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PT Walden of Indonesia has made an equity investment in Singaporean HR tech firm Temploy, enabling it to expand into Indonesia.

Indonesia's PT Walden invests in HR startup Temploy

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Indonesia's PT Walden invests in HR startup Temploy

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