In today’s briefing:
- Singapore-Based Glints Lays off 18% of Employees
- Osome Rakes in US$25M Series B to Grow Its Accounting Solutions Beyond SG
Singapore-Based Glints Lays off 18% of Employees
Glints, a Singapore-based careers platform, is laying off employees “based on market conditions and business priorities,” the firm’s co-founder Oswald Yeo said in his address to staff.
- The development comes after the startup raised US$50 million in a series D funding round in August.
- In the same month, the firm claimed that its annual revenue and gross profits grew 2.5x over the past 12 months.
Osome Rakes in US$25M Series B to Grow Its Accounting Solutions Beyond SG
Osome helps SMEs set up through a simple platform with easy-to-use software and an expert accountant to take care of financial admin
- Singapore-based Osome, which has developed an accounting and corporate compliance app for small and medium enterprises (SMEs), has raked in US$25 million in a Series B round
- The firm plans to expand its Asia operations, primarily in Singapore and Hong Kong
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
