Grooves Inc gets investment from PNB-linked fund

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KUALA LUMPUR: Human resources tech startup platform, Grooves Inc has received RM3.78 million investment from Permodalan Nasional Berhad’s PNB-INSPiRE Ethical Fund (PIEF) to connect talents within Malaysia and other Asean countries to job opportunities in Japan. 

This strategic investment will help Grooves to expand its services globally to cater to the Asean market, beginnning with Malaysia. 

Its chief executive officer Yukihiro Ikemi, said the company saw the potential in the Asean region, especially Malaysia, and is looking to connect motivated talents to corporations in Japan through its platform and match the right applicant to the right employer. 

“Malaysia was selected as our headquarters because we saw the potential in terms of its talent pool and we are confident that it would be a good starting point to penetrate the Asean market,” he said in a statement here yesterday. 

Founded in Japan and with over 15 years of experience, Grooves aimed to be the bridge connecting worldwide talents looking to advance their career in Japan with job opportunities in Japan. 

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Currently the company have over 5,000 listed Japanese corporations within its platform. PIEF incorporated in 2015 with a fund size of JPY5,150 million, is the first shariah compliant private equity fund in Japan established to facilitate the expansion and introduction of Japanese’s small and medium entreprises with innovative technologies to Islamic and Asean countries. – Bernama

 

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