Today, Indonesian jobs information site Qerja announced that after just eight months in operation, the company has secured a series A funding round the SB ISAT Fund, a collaboration between SoftBank and Indosat. The amount of the round was not disclosed, but Qerja is calling it “one of the highest Series A valuations of any Southeast Asian startup.” The round, it says, puts Qerja at an eight digit valuation. Previously, Qerja was supported by a seed round raised from Mountain Kejora Ventures (formerly known as Mountain SEA Ventures).
Qerja is a website that allows Indonesian and Malaysian job seekers to share salary details and workplace information publicly – think of it kind of like an Indonesian Glassdoor. Job seekers and employees can use the site to find transparent information about a company’s pay scale and hiring practices. And companies can use the feedback on it to gauge their position in the market and tweak their offerings to attract and retain good employees.
Qerja co-founder Veronika Linardi says, “We want to eliminate the taboo of discussing salary and company reviews in Indonesia. Our solution helps talented employees find great new jobs and help great companies find talented new employees.”
SI ISAT says that it chose to invest in Qerja because it believes the company’s management team has the skill to take on what it calls the “large, lethargic incumbents” currently operating in Indonesia’s online jobs space. “The timing could not be better to seize this opportunity,” said SB ISAT managing partner Kabir Misra.
This post Indonesian jobs site Qerja raises series A from SoftBank Indosat fund appeared first on Tech in Asia.
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