GetLinks, an HRTech startup and ecosystem that connects tech talents with opportunities across Asia, has acquired Ekrut, an Indonesian high-quality jobs platform, for an undisclosed amount, according to VentureCap Insights, which tracks regulatory filings in Singapore.
The filings showed that Erkut’s shareholders, including Indonesia-focused venture capital firms East Ventures and Skystar Capital, have transferred their shares to GetLinks Inc.
Founded in 2015, GetLinks focuses on building a tech community through events and connecting users to regional work opportunities. The company plans to add upskilling features to its platform. Headquartered in Bangkok, the firm redefine the future of work by empowering its community to move across borders, career paths and social ladders.
With this deal, GetLinks is slated to go up against heavyweights like JobStreet and Indeed in Indonesia. Job postings in the country have dropped since the beginning of this year, with active listings experiencing a 16.1% dip from January to April 2023.
Established in 2016, EKRUT aims to enable talents to land multiple jobs offers only with a single application. Employers can instantly invite relevant skills for interviews after posting their hiring needs. The platform focuses on high-skilled tech candidates from five core backgrounds: Software Engineering, Product Management, Data Science/Analysis, Marketing and Communications, and Operations. Companies that have posted listings on its platform include Gojek, Tokopedia, Ovo, and RedDoorz.
Since its inception, Ekrut has raised about US$3.9 million. The company currently sits at a US$12 million valuation, VentureCap Insights data mentioned.