Troopers secures close to US$1mil in Series A
By Digital News Asia August 30, 2021
- Raised US$960k from Shopper360
- Funds to be used for tech development, marketing, working capital
Troopers Malaysia, an end-to-end digital HR solutions platform, closed its Series A funding round of US$960,000 (RM4 million) from Shopper360 Sdn Bhd.
[RM1 = USD$ 0.24]
In a statement, the company said the investment from Shopper360 will allow the company to effectively implement some of its immediate business plans that are in the pipeline.
The funds will also be used for technology development, marketing and working capital to further expand its business In Malaysia, it said.
Troopers’s digital mobile platform claimed to enable the automation of gig matching and allows workers to choose where and when they want to work. Via the platform, employers have access to a talent pool of part-time and once-off gigs, it said.
Founded by Joshua Tan and Kelvin Lee in 2017, Troopers aims to revolutionise the existing part-time recruitment culture and structure in Malaysia in order to create an ecosystem that is reliable, efficient, and effective for its stakeholders, the company said.
“Mobile continues to be a major platform for people to consume media, shop, and pay for goods and services.
“Therefore, it is only natural that we allow people to also search for jobs and short-term work through a mobile app,” said Tan, founder, and chief executive officer of Troopers.
“We see ample synergies with Shopper360 to grow our business further,” he added.
Troopers conducts its recruitment, selection, talent management, payroll and training via its app and claimed to have hired more than 100,000 people across a variety of roles across Malaysia, over the past four years.
Since the introduction of its mobile app in June 2021, it has generated more than 35,000 users and has placed over 20,000 jobs, translating to RM1.2 million of income in just two months, it said.
Troopers said gig workers who apply are filtered through the app and once they have been matched to a job position, they can use the same app to check-in for work, make relevant field reports, and get notified when salary payment has been made to them.
Troopers is now driving the lead to ensure all part-time workers receive the same level of benefits and protection as a full-time employee, it said.
Leveraging on the government’s funds to promote the gig economy, Troopers said it is capitalising on the ‘Penjana Gig Protection’ scheme to provide insurance coverage and protection for gig workers.
This include delivery riders and vaccination centre volunteers through the Troopers Protect programme.
The programme provides gig workers and part-timers with social protection benefits, the ability to track their earnings in real-time and have full control over how they get paid, it added.
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