KK Fund makes Vietnam debut, backs HR-tech startup JobHop

Vietnamese recruitment platform JobHop has raised funding of $710,000 in a round co-led by Singapore-based KK Fund and Japanese HR services company Mynavi Corporation.

This is the first investment KK Fund has made in Vietnam. Tokyo-based Mynavi Corporation earlier funded Vietnamese property tech firm Homedy.

Proceeds from the investment will be used to grow the team and evolve JobHop’s platform to support increasing client and product demand, the company said in a statement.

Founded in 2016, JobHop has served over 500,000 job seekers and 2,000 companies, from small and medium businesses to large enterprises in Vietnam. With the investment from institutional investors including KK Fund and Mynavi Corporation, the company aims to become an omni-channel recruitment platform for companies and job seekers across Southeast Asia.

Traditionally, job seekers post their CVs on various HR sites without regard to effectiveness. Recruiters, on the other hand, spend immeasurable amount of time sourcing candidate profiles across many channels. JobHop leverages data science and blockchain technology to tackle the timing-and-fit problems.

“We don’t help you apply just a job, but one that suits you the most, and we’ll do so in the shortest amount of time,” said JobHop CEO Kevin Nguyen.

“We believe in JobHop’s ability to lead the wave in modernising and automating the recruitment process for recruiters and job seekers alike,” said Koichi Saito, general partner of KK Fund.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.