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Teams that have been hit hardest include operations, financial and human resource departments, plus some sales and marketing teams. ” In Malaysia, regional companies still hire cross-border, but local companies have shifted back to local hiring. Layoffs also give startups a chance to build their core teams.
The startup has not disclosed the ratio of debt and equity (like many other e-commerce aggregators, Una uses debt funding to buy brands because it is non-dilutive). The company now has 90 team members in seven offices across the Asia-Pacific: Singapore, Australia, India, China, Indonesia and Malaysia.
Its fourth fund is focused on Malaysia and run by a separate team). Its team has grown to 35 people, with most based in Indonesia, but ACV also recently established Singapore and Malaysia offices. Half of ACV’s leadership team are women and across its portfolio that figure is 40%.
In total, Amber is used by 30,000 employees in Singapore, Malaysia, Indonesia and the Philippines. When you have an HR:employee ratio of 1:300, 40% of their time is spent manually tracking, collecting and analyzing feedback and it becomes humanly impossible to give employees the voice they need,” Jain said.
The team behind 7colors has built an edutainment platform for kids that is meant to appease parents looking to track their kids’ learning while still offering a fun experience for the little ones. They’re running a test in Malaysia and are gearing up to launch in Beijing soon.
Canada, CIS Region, Malaysia, Indonesia and Argentina — with the startup offering proprietary localized content for each target region (although its users are spread across some 40 countries). Kodland’s remote courses for children aged 6-17 are currently available in the U.K., Ireland, the U.S.,
Una did not disclose the ratio of equity and debt in the round. Una currently has teams in Singapore, Malaysia and Australia and plans to expand in Southeast Asia before entering Taiwan, Japan and South Korea. “The That’s something our team has experience in and want to bring to all brands.”.
Started last year, IDEAL’s founding team includes Albert Surjaudaja, Ian Daniel Santoso and Indira Nur Shadrina, with Jeganathan Sethu joining this year. With that in mind, Indonesia has one of the lowest credit to GDP ratios in the region, signifying that there is a lot of economic value potential that can be unlocked.
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