The rise of remote jobs has created opportunities for HR-related startups
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HR startups solving troubles in the new abnormal
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Hello {NAME}
Working from home can feel like you never quite leave the office, huh. As the pandemic shifts how and where we work , Tech in Asia took a deep dive into the opportunities that [HR startups are exploiting]( (ð).
Your quick bytes for today:
ð¤ AMTD Digital is set to acquire [payments platform Fomo Pay]( after recent acquisition deals with CapBridge and PolicyPal.
ð° Two new Sequoia India funds have been announced: a US$525 million venture fund and a US$825 million growth fund. The two investment vehicles will serve to further the firmâs interests across India and Southeast Asia. [Total=US$1.35 billion](.
â Luckin Coffee rose and fell at supersonic speed. Hereâs a [quick timeline of what happened](.
ð¨ More Oyo layoffs: The hospitality company has further slashed its [workforce in Japan]( after letting go of thousands of [workers in China, India, the US]( and [Malaysia](.
ð¥ Facebook has made its move after India banned TikTok - it has started [testing its Reels feature]( which currently allows select users in India to create TikTok-style videos.
ð£ Love sushi? A Japanese inventor [built an app]( that uses AI to judge tuna quality.
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Just another day working from home?
While working from home is cool and all, does anyone else miss the company amenities like snacks, huge desks, and giant monitors?
Sadly, it might take some time before we can touch our office desks again, so whether we like it or not, remote work is here to stay.
The pros? Having employees work from home means companies can hire people from anywhere in the world without needing to pay for costly relocation packages like travel, accommodation, and family allowances.
The cons? Productivity can be an issue for the staff who clock in from the comforts of their home, and maintaining camaraderie is also difficult when everyone is working in silos.
So HR tech startups are stepping up to [tackle these problems]( (ð).
Bring me the solutionsÂ
Some innovative solutions from HR-related startups include:
- Remote supervision of jobs involving manual labor, such as cleaning services
- Co-living operators refurbishing rooms to accommodate extra desks and office amenities
- A language processing technology that can examine a companyâs interactions on Slack and identify communication issues
You can find more examples of the problems companies are facing and the solutions startups have come up with in todayâs premium article.
Read more:Â [As remote work rises, HR tech firms spot an opening]( (ð)
Spread the word:Â [Facebook]( |Â [Twitter]( |Â [Linkedin](
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The startup that 7x its GMV in 2019
Beauty haulers, listen up! Social Bella might be your next shopping heaven, if it isnât already.
The Indonesian beauty startup recently [secured US$58 million]( in a series E funding round and saw a [7x increase]( (ð) in gross merchandise value (GMV) between Q1 2018 and Q1 2019.
Youâre making me blushÂ
Founded in 2015, Social Bella has grown a ton over the years. Besides operating its ecommerce platform Sociolla, it also has:
- Consumer review online platform Soco
- Beauty and lifestyle media site Beauty Journal
- A new beauty and personal care ecommerce service for âyoung and sophisticated mothersâ called Lilla by Sociolla
With all its business units, Social Bella says itâs now serving a total of around 30 million annual users.
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ð§ The Weekly Snapshot podcast
Last weekâs news was ð¥. Luckin Coffee confirmed US$300 million in fabricated revenue, Vietnamese startup Leflairâs CEO was summoned by the Ho Chi Minh city police department, and Pinduoduo and Grab saw some movement in their leadership teams.
Listen to the details of all these stories and more on this weekâs episode of The Weekly Snapshot.
Listen to it on: [Spotify]( |Â [Apple Podcast](
Â
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Misc
HappeningÂ
- [Tech in Asia x Braze: Humanize Your Customer Engagement for Today's New Normal]( on Tuesday, July 14.
- [Effective content marketing in the midst of a pandemic]( on Thursday, July 16.
- [Level Up Your Pitch with 4th & King]( on Thursday, July 16.
- [Tech in Asia Virtual Pitch Night]( on Wednesday, July 22.
HiringÂ
- [Industry Analyst]( at Tech in Asia (Singapore, Singapore)
- [Social Media Strategist]( at AVANA (Jakarta, Indonesia)
- [Relationship Manager (Officer level)]( at FUSE (Jakarta, Indonesia)
Â
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