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Together with BSSC News look at the finale of November

CyberAgent Capital invested in Recruitery

Recruitery’s slogan

Recruitery is a human resource startup in Vietnam. The startup received an undisclosed investment from CyberAgent Capital. Recruitery connects companies with recruitment needs together with freelance headhunters. This startup works similar to the Grab model. Employers create accounts to post requests to find suitable candidates on the Recruitery platform. Companies will be connected with the top headhunters in the HR field. These headhunters will find suitable candidates for the company’s requirements. This startup has helped more than 1,000 businesses expand in the region. Major clients include Sea Group, Lazada, Carro, Kredivo, etc. Recruitery will develop products more efficiently.

CME Solar is together with ResponsAbility Investments in a transaction

ResponsAbility and CME Solar representatives in signing the sponsorship agreement

CME Solar Investment (CMES) is a renewable energy developer in Vietnam. On the afternoon of November 24, 2021, CMES completed a transaction to receive loan financing from ResponsAbility Investments AG. This is the Swiss Sustainable Asset Management Fund. This funding package promotes CMES to develop green, clean electricity in the industrial and commercial segments. The company will expand a number of important projects. Customers will directly consume green energy through the “No-cost investment” model.

NLG is together with IFC in negotiating an investment agreement

IFC is a member of the World Bank.

IFC is planning to invest again in Nam Long Investment Joint Stock Company (NLG). Both are in the process of negotiating, the expected investment capital is $44 million. Before that in 2014, IFC had invested $7.5 million in NLG. NLG used that capital to build apartments for middle-income people.

AhaMove is together with Igloo in developing a personal insurance service

AhaCare insurance package interface on AhaMove delivery platform

Igloo is an insurtech company. The company has enhanced its partnership with AhaMove through three new insurance products. Products include subsidized hospital fees, vehicle insurance, and freight. These products are intended for the more than 120,000 drivers and 2 million customers of AhaMove. This is the Personal Accident Insurance service of AhaMove and Igloo launched in May 2021. AhaMove and Igloo are committed to supporting drivers’ health and income.

TikTok expands to e-commerce

TikTok’s app interface

ByteDance launched an app for sellers on TikTok so they can manage their digital store. This tech unicorn is ramping up e-commerce. When it reached 1 billion users in September 2021, TikTok facilitated e-commerce. In February 2021, they launched Seller University. This is a training center for merchants doing business on TikTok. They also tested the TikTok Shopping feature in the US, UK, Canada with Shopify. Sellers can add a shopping tab to TikTok, syncing small store product catalog.

Sources of information include DealstreetAsia and TechInAsia.